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Street view of 6008 Motts Village Rd, Wilmington, NC 28412-3611

6008 Motts Village Rd, Wilmington, NC 28412-3611

Estimated Market Value

$0
Range: $640,000 - $722,000
3Beds
3.5Baths
2,695SqFt
2018Built
1Garage

AI Property Analysis

Discover the charm of 6008 Motts Village Rd, a captivating patio home nestled in Wilmington, NC. Built in 2018, this practically new single-level residence spans 2695 square feet, offering a spacious and comfortable living experience. With 3 bedrooms and 3.5 baths, there's ample room for relaxation and entertaining. Step inside to find modern conveniences like central air conditioning and a cozy fireplace, while outside, you'll appreciate the enclosed porch, open porch, and a generous 675 sq ft garage. The home's brick veneer exterior adds to its classic appeal, ensuring durability and timeless style. Situated in the sought-after Cypress Parke @ Motts Landing community, this property offers a fantastic opportunity to enjoy the Wilmington lifestyle. To explore more about this vibrant area and other exceptional homes, trust the local real estate insights from Buddy Blake and his dedicated team. For detailed information on the community and available listings, be sure to check out the Village at Motts Landing Wilmington NC homes for sale expert real estate guide. Curious about the local market trends? Get the latest on the Wilmington NC Real Estate Market Update from the experts at Buddy Blake Real Estate.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$520,500
Based on estimated value of $680,000 minus purchase price of $159,500
✅ You likely qualify! You've owned this home for 8.2 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: $270,500

Married Filing Jointly

Up to $500K Exclusion

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

Remaining taxable gain: $20,500

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:$492,710

Equity Breakdown

Cost to Build Today$606,375
Investor Quick-Sale Est.$460,800
Monthly Rental Est.$3,400/mo

Your Appreciation Story

Your Annual Return19.4%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$468,578Growth above historical 3.5% baseline

Your home has appreciated at 19.4% 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 $492,710 equity in the S&P 500, in 10 years it could grow to $1,277,962 — compared to an estimated $850,117 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$227/mo
Maintenance (1% est)$567/mo
Opportunity Cost (5% est)$2,053/mo
Total Monthly Holding Cost$2,846/mo

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

While your home appreciates, it costs approximately $2,846/month to hold — including $2,053/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
🔥 Hot

Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.

Your Neighborhood

<p>Wilmington, NC 28412 offers a desirable coastal lifestyle with access to excellent amenities and the highly-regarded New Hanover County Schools. The area is known for its blend of suburban comfort and proximity to Wilmington's vibrant downtown, beaches, and various recreational opportunities, making it an attractive place to call home. For a deeper dive into the Wilmington area's real estate landscape, consider exploring insights from <a href="https://buddyblake.com/blog">Buddy Blake's local blog</a>.</p>

Market Trend Predictions

1 Year Forecast$703,800Range: $694K - $734K
3 Year Forecast$753,928Range: $722K - $857K
5 Year Forecast$807,627Range: $751K - $999K

Estimated Monthly Equity Gain
+$1,983/mo

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

🔥Market Outlook & Sell Window

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.

⚖️ 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

Report Generated By

Buddy Blake

Buddy Blake Real Estate