6202 Motts Village Rd, Wilmington, NC 28412-3637
Estimated Market Value
AI Property Analysis
Welcome to 6202 Motts Village Road, a charming patio home nestled within the desirable Village at Motts Landing community in Wilmington, NC. Built in 2014, this single-story residence spans a comfortable 2233 square feet, offering three bedrooms and three full bathrooms, perfect for modern living.
Step inside and discover a thoughtfully designed space, complete with central air conditioning for year-round comfort and a cozy fireplace, ideal for those cooler evenings. The home boasts a durable brick veneer exterior and includes a convenient 462 square foot garage with space for one vehicle. Enjoy the best of outdoor living with both an enclosed porch and an open porch, providing versatile spaces for relaxation or entertaining. The property sits on a generous 0.253-acre lot, offering a pleasant outdoor environment.
Considering a move in the Wilmington area? Understanding the local market is key. For insights into current trends, check out the latest Wilmington NC Real Estate Market Update. This home represents a fantastic opportunity in a sought-after neighborhood. To learn more about this vibrant community, explore the expert real estate guide for The Village at Motts Landing in Wilmington, NC. When you're ready to make your next move, trust the local expertise of Buddy Blake Real Estate to guide you every step of the way. Buddy Blake's team has a proven track record, turning experiences into 5-star sales, just like M.K.'s story of switching to Buddy Blake mid-listing.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $25,081
Married Filing Jointly
Up to $500K Exclusion
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
Equity Breakdown
Your Appreciation Story
Your home has appreciated at 7.9% 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 $294,737 equity in the S&P 500, in 10 years it could grow to $764,471 — compared to an estimated $538,920 in total equity by staying in the home.
The Hidden Cost of Holding
* Estimates do not include county, city, or other annual property taxes.
While your home appreciates, it costs approximately $1,770/month to hold — including $1,228/month in opportunity cost from equity that could be earning interest elsewhere.
Market Pulse
Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.
Your Neighborhood
<p>This delightful home is situated in Wilmington, NC, specifically within the highly desirable Village at Motts Landing community. Residents here enjoy convenient access to all that Wilmington offers, from its beautiful beaches and historic downtown to a vibrant array of dining, shopping, and entertainment options. It's a prime location for those seeking a blend of coastal charm and modern amenities. For more information about the broader Wilmington real estate landscape and what makes it special, visit <a href="https://buddyblake.com">Buddy Blake's Wilmington real estate insights</a>.</p>
Market Trend Predictions
Based on moderate market appreciation projections, your property generates passive wealth each month.
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.
