213 Fayemarsh Rd, Wilmington, NC 28412-3640
Estimated Market Value
AI Property Analysis
Welcome to 213 Fayemarsh Rd, a stunning patio home nestled in the desirable Pointe Pleasant @ Motts Landing community of Wilmington, NC! Built in 2014, this meticulously maintained residence offers a spacious and comfortable living experience. Spanning 3,015 square feet, this single-story home features 3 bedrooms and 2.5 bathrooms, perfect for modern living.
Step inside to discover a thoughtfully designed layout, complete with central air conditioning for year-round comfort. The inviting living spaces are complemented by a cozy fireplace, ideal for relaxing evenings. The exterior boasts charming brick veneer, while an open porch provides the perfect spot to enjoy the Carolina weather. With an attached 850 sq ft garage, you'll have ample space for parking and storage.
This beautiful home sits on a generous 0.476-acre lot, offering a sense of privacy and space. Living in the Pointe Pleasant @ Motts Landing subdivision means enjoying a fantastic lifestyle in a vibrant community. For unparalleled local insights and to explore more Wilmington NC real estate opportunities, look no further than Buddy Blake Real Estate. Their team's deep expertise in the Wilmington market ensures a smooth and successful home buying experience.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $373,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $123,500
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 12.8% 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 $603,416 equity in the S&P 500, in 10 years it could grow to $1,565,107 — compared to an estimated $1,030,728 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 $3,463/month. This includes an estimated $2,514/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>Located in Wilmington, NC, the Federal Point area offers residents a delightful blend of coastal charm and modern conveniences. This vibrant part of New Hanover County is known for its welcoming communities and convenient access to local amenities. To learn more about living in this dynamic region, explore insights from <a href="https://buddyblake.com" target="_blank">Buddy Blake Real Estate, your local Wilmington expert</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.