What is the estimated value of 87 mississippi dr?

The estimated home value for 87 mississippi dr is approximately $434,586, with a likely range between $408,510 and $460,661.

How much equity is in 87 mississippi dr?

Based on our calculations, the estimated equity for 87 mississippi dr is $252,698.

What are the capital gains tax implications for selling 87 mississippi dr?

The estimated capital gain on the sale of 87 mississippi dr is $168,086. Depending on filing status, you may be eligible for a Section 121 exclusion.

What would net proceeds be from selling 87 mississippi dr?

After estimated commissions, closing costs, and mortgage payoff, the net proceeds from selling 87 mississippi dr are estimated to be $202,721.

87 Mississippi Dr, Rocky Point, NC 28457-9623

Estimated Market Value

Range: $408,510 - $460,661

3Beds

2.5Baths

2,123SqFt

2017Built

AI Property Analysis

Discover modern living at 87 Mississippi Dr, a delightful 2-story home built in 2017, offering 2123 square feet of comfortable living space. This residence features 3 bedrooms and 2.5 bathrooms, complete with central air conditioning, central heating, and two cozy fireplaces. The home showcases a conventional style with durable siding exterior walls and a shingle roof, all resting on a solid slab foundation. Situated on a generous 0.39-acre lot, this property in The Reserve on Island Creek subdivision combines contemporary amenities with a serene setting.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain

$168,086

Based on estimated value of $434,586 minus purchase price of $266,500

✅ You likely qualify! You've owned this home for 8.3 years (minimum 2 years required).

⚠️ This tax benefit may not last forever. The Section 121 exclusion is frequently debated in Congress. Knowing your equity options now is crucial for long-term wealth planning.

Single Filer

Up to $250K Exclusion

Protected Amount:$168,086

Capital Gains Rate:20%

Potential Tax Savings:$33,617

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$168,086

Capital Gains Rate:20%

Potential Tax Savings:$33,617

Tax Liability Comparison

* This analysis is purely an estimate based on assumed 20% capital gains rates and available public data. We are not tax professionals. Please consult a licensed CPA to verify your exact eligibility and tax implications.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$202,721

Equity Breakdown

Cost to Build Today$477,675

Investor Quick-Sale Est.$294,127

Monthly Rental Est.$2,825/mo

Your Appreciation Story

Your Annual Return6.1%Compound growth rate

Historical Average3.5%Long-term US average

Above-Average Growth+$80,432Growth above historical 3.5% baseline

Your home has appreciated at 6.1% per year — well above the historical average of 3.5%. This extraordinary growth was driven by recent market conditions that are unlikely to repeat. Understanding this context is key to making smart decisions about your equity.

What Could Your Equity Do?

If you sold today and invested your $202,721 equity in the S&P 500, in 10 years it could grow to $525,805 — compared to an estimated $431,138 in total equity by staying in the home.

The Hidden Cost of Holding

Insurance (0.4% est)$145/mo

Maintenance (1% est)$362/mo

Opportunity Cost (5% est)$845/mo

Total Monthly Holding Cost$1,352/mo

* Estimates do not include county, city, or other annual property taxes.

While your home appreciates, it costs approximately $1,352/month to hold — including $845/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp

🔥 Hot

Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.

Your Neighborhood

Nestled in the charming community of Rocky Point, NC, 87 Mississippi Dr is situated within Pender County and falls under the Pender County Schools district. This property is part of The Reserve on Island Creek Phase I subdivision, a residential performance (RP) zoned area, offering a well-planned and tranquil living environment. Its location within the Wilmington, NC CBSA provides residents with convenient access to the amenities and opportunities of the greater Wilmington metropolitan area.

Market Trend Predictions

1 Year Forecast$455,434Range: $443K - $461K

3 Year Forecast$500,180Range: $461K - $519K

5 Year Forecast$549,321Range: $480K - $584K

Estimated Monthly Equity Gain

+$1,737/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

🔥Market Outlook & Sell Window

Strong seller's market — favorable conditions to sell now

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.

Report Generated By

Buddy Blake

Buddy Blake Real Estate

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