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Street view of 204 Grand Champion Rd, Wilmington, NC 28412-2795

204 Grand Champion Rd, Wilmington, NC 28412-2795

Estimated Market Value

$0
Range: $689,000 - $840,000
3Beds
3Baths
2,495SqFt
2017Built
1Garage

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.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$581,500
Based on estimated value of $761,000 minus purchase price of $179,500
✅ You likely qualify! You've owned this home for 9.2 years (minimum 2 years required).
⚠️ This tax benefit may not last forever. The Section 121 exclusion is frequently debated in Congress. Knowing your equity options now is crucial for long-term wealth planning.

Single Filer

Up to $250K Exclusion

Protected Amount:$250,000
Capital Gains Rate:20%
Potential Tax Savings:$50,000

Remaining taxable gain: $331,500

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$500,000
Capital Gains Rate:20%
Potential Tax Savings:$100,000

Remaining taxable gain: $81,500

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

Estimated Cash in Hand:$553,629

Equity Breakdown

Cost to Build Today$561,375
Investor Quick-Sale Est.$496,080
Monthly Rental Est.$3,805/mo

Your Appreciation Story

Your Annual Return17.1%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$515,023Growth above historical 3.5% baseline

Your home has appreciated at 17.1% 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 $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.


The Hidden Cost of Holding

Insurance (0.4% est)$254/mo
Maintenance (1% est)$634/mo
Opportunity Cost (5% est)$2,307/mo
Total Monthly Holding Cost$3,195/mo

* Estimates do not include county, city, or other annual property taxes.

While your home appreciates, it costs approximately $3,195/month to hold — including $2,307/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
⚖️ Moderate

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 Predictions

1 Year Forecast$787,635Range: $776K - $822K
3 Year Forecast$843,734Range: $808K - $959K
5 Year Forecast$903,829Range: $840K - $1.1M

Estimated Monthly Equity Gain
+$2,220/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

⚖️Market Outlook & Sell Window

Stable market — no urgency, but conditions are fair

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.
Buddy Blake

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Buddy Blake

Buddy Blake Real Estate