413 Gilboa Ct, Wilmington, NC 28412-1141
Estimated Market Value
AI Property Analysis
This stunning, like-new patio home at 413 Gilboa Ct in Wilmington, NC, offers an exceptional living experience. Built in 2023, this spacious 3,462 sq ft single-story residence boasts 4 bedrooms and 3.5 bathrooms, perfect for comfortable family living or entertaining. Enjoy modern amenities including central air conditioning, an inviting fireplace, and a delightful sunroom. The home also features a convenient garage and a charming open porch, all set on a generous 0.46-acre lot with elegant brick veneer siding.
Located within the highly sought-after Village at Motts Landing community, residents here enjoy a vibrant atmosphere and access to fantastic amenities.
When it comes to navigating the Wilmington real estate market, having a trusted expert like Buddy Blake's local expertise by your side makes all the difference. Buddy Blake Real Estate is dedicated to providing unparalleled service, leveraging extensive knowledge to help clients achieve their property goals. For insights into the dynamic local market, explore the latest Wilmington NC Real Estate Market Update. To learn more about how Buddy Blake Real Estate can assist you, visit their website.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $259,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $9,500
Tax Liability Comparison
* This analysis is a simplified illustration based on an assumed 20% federal capital gains tax rate. It does not account for state taxes, depreciation recapture, the Net Investment Income Tax (3.8%), AMT, or individual circumstances. The Section 121 exclusion has specific IRS requirements regarding ownership, use, and timing that cannot be determined from public property records alone. This platform is not acting as a tax adviser, accountant, or attorney. Consult a licensed CPA or tax attorney to evaluate your specific situation. Calculation date: August 2026.
Financial Projections
Estimated Net Proceeds
These projections assume a 5.5% total sales commission, approximately 6% in closing costs and concessions, and mortgage payoff estimated from public purchase records (30-year fixed, 20% down payment, 5% assumed interest rate). Actual proceeds will vary based on negotiated terms, local costs, and current mortgage balance. This is not an appraisal or guaranteed estimate of net proceeds.
Equity Breakdown
Your Appreciation Story
Your home has appreciated at 34.4% 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. Past performance does not guarantee future results.
What Could Your Equity Do?
If you sold today and invested your $480,494 equity in the S&P 500, in 10 years it could grow to $1,246,278 — compared to an estimated $863,656 in total equity by staying in the home. These projections are hypothetical. Investment returns are not guaranteed and involve risk of loss.
The Hidden Cost of Holding
* Estimates do not include property taxes (county, city, school, or special district). Actual costs vary significantly by location and individual circumstances. This platform is not acting as a financial or investment adviser.
The estimated monthly cost of holding this property is approximately $2,853/month. This includes an estimated $2,002/month in opportunity cost — the hypothetical return that equity could earn if invested elsewhere. These figures are estimates and actual costs will vary.
Market Pulse
Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.
Your Neighborhood
<p>Nestled in the charming area of Federal Point, NC, this property benefits from a desirable location within Wilmington's expansive community. Federal Point is known for its residential appeal and convenient access to local amenities and the broader Wilmington area. Explore more about the <a href="https://www.buddyblake.com/us/nc/new-hanover/federal-point" target="_blank">Federal Point community</a> here.</p>
Market Trend Projections
Based on moderate market appreciation projections, this property's estimated equity may increase by approximately this amount each month. Actual appreciation varies and is not guaranteed.
Strong seller's market — favorable conditions to sell now
* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 2.0%, Moderate: 3.5%, Aggressive: 8.0%. Actual results will vary. Past performance does not guarantee future results. This platform is not acting as an appraiser or investment adviser. Projection date: August 2026.
