5716 King David Ct, Wilmington, NC 28412-1403
Estimated Market Value
AI Property Analysis
Welcome to 5716 King David Ct, a stunning patio home built in 2019 that perfectly blends modern elegance with comfortable living in Wilmington, NC. This spacious single-story residence boasts 3,358 square feet of meticulously designed living space, featuring 4 bedrooms and 3.5 bathrooms, ideal for both relaxation and entertaining.
Step inside to discover a home where every detail has been thoughtfully considered. The inviting interiors are complemented by two cozy fireplaces, adding warmth and ambiance. Outside, the charming brick veneer exterior offers classic appeal, while the expansive open porch provides a wonderful spot to enjoy the Carolina sunshine or an evening breeze. With a generous 2-car garage spanning 752 square feet, you'll have ample space for vehicles and storage. Modern conveniences abound, including central air conditioning powered by an efficient heat pump system, ensuring comfort throughout the seasons.
Situated on a sizable 0.28-acre lot within the highly regarded Village at Motts Landing community, this property offers a prime location close to everything Wilmington has to offer. From pristine beaches to vibrant downtown attractions, you're perfectly positioned to enjoy the best of coastal North Carolina living. For those looking to understand the local market dynamics, a Wilmington NC Real Estate Market Update is always insightful.
For expert guidance in navigating the Wilmington property landscape, trust in the deep local knowledge of Buddy Blake Real Estate. Their team brings years of experience to help buyers and sellers achieve their goals. You can explore more properties and gain valuable insights from a trusted local real estate agent who understands this unique market.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $361,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $111,500
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 22.3% 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 $575,560 equity in the S&P 500, in 10 years it could grow to $1,492,855 — compared to an estimated $996,565 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 $3,333/month. This includes an estimated $2,398/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 desirable Federal Point area of Wilmington, NC, 5716 King David Ct is part of the esteemed Village at Motts Landing community. This vibrant area offers a perfect blend of coastal charm and modern conveniences, providing residents with easy access to local amenities, beautiful beaches, and everything Wilmington has to offer. Discover more about this sought-after location and the broader Wilmington real estate market.</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.
