417 Gilboa Ct, Wilmington, NC 28412-1141
Estimated Market Value
AI Property Analysis
Welcome to 417 Gilboa Ct, a captivating 2023-built patio home in Wilmington, NC, offering an exceptional blend of modern comfort and relaxed living. This charming single-story residence spans 2992 square feet, featuring 4 spacious bedrooms and 3.5 luxurious bathrooms, perfectly designed for contemporary lifestyles. You'll appreciate the elegant brick veneer exterior, a welcoming open porch, and a convenient garage, all set on a generous 0.6-acre lot.
Step inside to discover a home equipped with central air conditioning and an efficient heat pump, ensuring year-round comfort. Located within the highly sought-after Glenn Ellen Village at Motts Landing, this property offers more than just a house; it offers a lifestyle. To explore what makes this community so special, delve into this expert real estate guide for the Village at Motts Landing.
Navigating Wilmington's vibrant real estate scene requires a seasoned professional. For unparalleled local market insights and expertise, and to stay informed on current trends, a trusted Wilmington real estate agent like Buddy Blake is an invaluable resource. This home truly represents an outstanding opportunity to embrace the coastal lifestyle. Don't miss your chance to discover this gem. Contact Buddy Blake Real Estate today to schedule your private showing!
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $255,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $5,500
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
Equity Breakdown
Your Appreciation Story
Your home has appreciated at 35.5% 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 $476,954 equity in the S&P 500, in 10 years it could grow to $1,237,096 — compared to an estimated $858,013 in total equity by staying in the home.
The Hidden Cost of Holding
* Estimates do not include county, city, or other annual property taxes.
While your home appreciates, it costs approximately $2,833/month to hold — including $1,987/month in opportunity cost from equity that could be earning interest elsewhere.
Market Pulse
Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.
Your Neighborhood
<p>This charming home is situated in Federal Point, NC, a desirable area within Wilmington known for its appealing residential character. For more information about this community and its surroundings, you can <a href="https://buddyblake.com/us/nc/new-hanover/federal-point">explore Federal Point</a>.</p>
Market Trend Predictions
Based on moderate market appreciation projections, your property generates passive wealth each month.
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.
