204 Grand Champion Rd, Wilmington, NC 28412-2795
Estimated Market Value
AI Property Analysis
Discover the charm of 204 Grand Champion Rd, a stunning patio home nestled in the desirable Yorke Meadow section of The Village at Motts Landing in Wilmington, NC. Built in 2017, this beautifully maintained residence offers a comfortable single-level living experience across 2,495 square feet. With 3 spacious bedrooms and 3 full bathrooms, it's designed for modern convenience and elegant simplicity.
Step inside to find a welcoming open floor plan, complemented by central air conditioning, efficient heat pump heating, and a cozy fireplace, perfect for cooler evenings. The home boasts a durable brick veneer exterior and includes an attached garage for your convenience. One of its standout features is the delightful enclosed porch, offering a tranquil space to relax and enjoy the Carolina breeze.
Situated on a generous 0.26-acre lot, this home provides ample outdoor space while maintaining the low-maintenance appeal of a patio home. Experience the exceptional lifestyle that awaits in this sought-after community. For a deeper dive into the area and what makes this community so special, explore our comprehensive Village at Motts Landing expert real estate guide. Our team at Buddy Blake Real Estate has extensive experience helping buyers and sellers navigate the Wilmington market, demonstrating unparalleled local expertise. Whether you're considering buying or selling, we're here to help.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $331,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $81,500
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 16.8% 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. Past performance does not guarantee future results.
What Could Your Equity Do?
If you sold today and invested your $553,629 equity in the S&P 500, in 10 years it could grow to $1,435,970 — compared to an estimated $953,609 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 $3,195/month. This includes an estimated $2,307/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
A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.
Your Neighborhood
<p>Located in the thriving Wilmington, NC 28412 area, this property is part of the desirable Yorke Meadow subdivision, within the larger Village at Motts Landing community. Residents enjoy a peaceful residential setting with convenient access to local amenities and the vibrant Wilmington lifestyle. The area is served by New Hanover County Schools and offers a mix of suburban tranquility and easy reach to coastal attractions. To understand more about the local market and community trends, visit <a href="https://buddyblake.com">Buddy Blake's website</a>.</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.
Stable market — no urgency, but conditions are fair
* 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.
