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Street view of 204 New Wales Parke, Wilmington, NC 28412-3616

204 New Wales Parke, Wilmington, NC 28412-3616

Estimated Market Value

$0
Range: $660,000 - $744,000
3Beds
2Baths
2,376SqFt
2014Built
1Garage

AI Property Analysis

Discover modern living at 204 New Wales Parke, a beautiful patio home built in 2014 within the desirable Bellamy Parke subdivision, part of the broader Motts Landing community in Wilmington, NC. This single-story residence boasts 2,376 square feet of comfortable living space, featuring 3 bedrooms and 2 full bathrooms. You'll appreciate the convenience of central air conditioning, a cozy fireplace, and a finished attic adding an extra 575 square feet of versatile space.

The brick veneer exterior ensures classic curb appeal, while the one-car garage and open porch provide practical amenities for everyday life. Situated on a generous 0.569-acre lot, this home offers a blend of spaciousness and low-maintenance charm. For more insights into the local market and expert guidance, trust Buddy Blake Real Estate's local expertise. To learn more or schedule a viewing, contact Buddy Blake Real Estate today and explore the possibilities of calling this Wilmington gem your new home.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$620,385

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

Cost to Build Today$534,600
Investor Quick-Sale Est.$475,200
Monthly Rental Est.$3,505/mo

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 Wilmington, NC, this home is part of a vibrant community within New Hanover County, served by the highly-regarded New Hanover County Schools. The R-15 residential zoning ensures a peaceful living environment in a city known for its coastal charm, historic appeal, and modern amenities.</p>

Market Trend Projections

1 Year Forecast$725,535Range: $713K - $726K
3 Year Forecast$777,211Range: $738K - $777K
5 Year Forecast$832,568Range: $765K - $833K

Estimated Monthly Equity Gain
+$2,045/mo

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.

⚖️Market Outlook & Sell Window

Stable market — no urgency, but conditions are fair

* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 1.8%, Moderate: 3.5%, Aggressive: 3.5%. 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.

⚖️ This analysis is for informational purposes only and does not constitute an appraisal, tax advice, legal advice, or investment advice. The platform and its operators are not acting as appraisers, accountants, attorneys, investment advisers, or tax advisers. Valuations shown are estimates based on publicly available data and automated models — they are not formal appraisals. Financial projections are illustrative and not guaranteed. Always consult with qualified professionals before making any real estate, financial, or tax decisions.
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