204 Fayemarsh Rd, Wilmington, NC 28412-3635
Estimated Market Value
AI Property Analysis
Welcome to 204 Fayemarsh Rd, a stunning and spacious patio home nestled in the heart of Wilmington, NC. Built in 2015, this meticulously maintained residence offers 3,212 square feet of comfortable living space, all conveniently laid out on a single story.
Step inside to discover three generous bedrooms and four full bathrooms, ensuring ample space and privacy for everyone. The home boasts a modern brick exterior, central air conditioning, and a cozy fireplace, perfect for cooler evenings. With an attached 652 sq ft garage, you'll have plenty of space for parking and storage. Enjoy the beautiful Carolina weather from your inviting open porch.
This property is part of the desirable Pointe Pleasant Sec 2 subdivision, which is within the larger Pointe Pleasant @ Motts Landing community, known for its charm and convenience. This is a unique opportunity to own a nearly-new home in a sought-after Wilmington location. To understand the current market dynamics in the area, you can refer to a recent Wilmington NC Real Estate Market Update.
With a lot size of 0.35 acres, there's just enough outdoor space to enjoy without the burden of excessive maintenance. For unparalleled expertise and guidance in the local real estate market, trust the experienced team at Buddy Blake Real Estate. Their deep understanding of Wilmington and surrounding areas makes them the go-to Wilmington NC real estate experts.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $444,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $194,500
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 16.3% 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 $654,834 equity in the S&P 500, in 10 years it could grow to $1,698,470 — compared to an estimated $1,103,695 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 $3,725/month. This includes an estimated $2,728/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
Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.
Your Neighborhood
<p>Situated in the welcoming community of Wilmington, NC, 204 Fayemarsh Rd is part of the desirable New Hanover County. Residents benefit from being within the New Hanover County Schools district and enjoy the charm of the Federal Point area, offering a blend of coastal living and suburban convenience. For more local insights into the Wilmington area, consider exploring resources from <a href="https://buddyblake.com">Buddy Blake Real Estate</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.
Strong seller's market — favorable conditions to sell now
* 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.
