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Street view of 5604 Surrey Downs Ct, Wilmington, NC 28403, USA

5604 Surrey Downs Ct, Wilmington, NC 28403, USA

Estimated Market Value

$0
Range: $536,165 - $725,399
ZZillow Zestimate: $679,700
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Valuation Comparison

Our Estimate
$630,782
Range: $536,165 - $725,399
Zillow Zestimate®View on Zillow
$679,700
Range: $638,918 - $727,279
30-Day Trend
-$11,340(1.6%)

Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.

4Beds
2.5Baths
2,947SqFt
1986Built

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$315,782
Based on estimated value of $630,782 minus purchase price of $315,000
✅ You likely qualify! You've owned this home for 9.3 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:$250,000
Capital Gains Rate:20%
Potential Tax Savings:$50,000

Remaining taxable gain: $65,782

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$315,782
Capital Gains Rate:20%
Potential Tax Savings:$63,156

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:$349,344

Equity Breakdown

Cost to Build Today$663,075
Investor Quick-Sale Est.$386,039
Monthly Rental Est.$3,154/mo

Your Appreciation Story

Your Annual Return7.7%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$196,867Growth above historical 3.5% baseline

Your home has appreciated at 7.7% 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 $349,344 equity in the S&P 500, in 10 years it could grow to $906,109 — compared to an estimated $680,882 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$210/mo
Maintenance (1% est)$526/mo
Opportunity Cost (5% est)$1,456/mo
Total Monthly Holding Cost$2,192/mo

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

While your home appreciates, it costs approximately $2,192/month to hold — including $1,456/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.

Market Trend Predictions

1 Year Forecast$666,244Range: $643K - $680K
3 Year Forecast$743,260Range: $669K - $789K
5 Year Forecast$829,180Range: $696K - $916K

Estimated Monthly Equity Gain
+$2,955/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.
Buddy Blake

Report Generated By

Buddy Blake

Buddy Blake Real Estate