5724 King David Ct, Wilmington, NC 28412-1403
Estimated Market Value
AI Property Analysis
Discover modern coastal living at 5724 King David Ct, Wilmington, NC. This exceptional 2020-built patio home offers 3,214 square feet of meticulously designed single-story living space, perfect for those seeking comfort and style. With 3 spacious bedrooms and 3.5 luxurious bathrooms, every detail contributes to a serene lifestyle. Enjoy year-round comfort with central air conditioning and an efficient heat pump system. The elegant brick veneer exterior, cozy fireplace, and inviting open porch add to its charm and curb appeal. Nestled within the sought-after Glenn Ellen subdivision, part of the broader The Village at Motts Landing community, residents benefit from a tranquil environment and convenient location. A generous 745 sq ft garage provides ample parking and storage. Whether you're seeking a peaceful retreat or a vibrant base for exploring Wilmington, this home delivers. For a deeper understanding of this property and the dynamic local market, trust the insights of Wilmington's expert real estate agents at Buddy Blake Real Estate. Our team offers unparalleled local real estate expertise to guide your next move.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $350,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $100,500
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 27.8% 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 $562,320 equity in the S&P 500, in 10 years it could grow to $1,458,512 — compared to an estimated $977,543 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 $3,265/month to hold — including $2,343/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>Located in Wilmington, NC's desirable Federal Point area, residents of King David Ct enjoy a prime coastal position. This tranquil setting offers easy access to Wilmington's vibrant amenities, beautiful beaches, and dynamic lifestyle, making it an ideal place to call home. For more information on the local area and current market trends, visit <a href="https://buddyblake.com">Buddy Blake Real Estate</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.
