5644 Garrett Lea Park, Wilmington, NC 28412
Estimated Market Value
AI Property Analysis
Discover the exceptional charm of 5644 Garrett Lea Parke, a like-new patio home built in 2021 and nestled in vibrant Wilmington, NC. This exquisite single-story residence offers a generous 3,087 square feet of living space, featuring three spacious bedrooms and three full bathrooms, meticulously designed for comfortable and elegant living. Step inside to find modern amenities including central air conditioning, a cozy fireplace, and a convenient attached garage. The home boasts a timeless brick veneer exterior, complemented by a welcoming open porch and a serene sunroom, perfect for soaking in the Carolina sunshine year-round. This property is a true standout within the highly desirable Village at Motts Landing community, known for its superb lifestyle. For unparalleled guidance on this exceptional home or other Wilmington NC real estate opportunities, trust the deep local market knowledge of Buddy Blake Real Estate.
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
Market Pulse
A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.
Your Neighborhood
<p>Situated in the desirable Federal Point area of Wilmington, NC, 5644 Garrett Lea Parke offers residents a fantastic lifestyle. This vibrant community provides convenient access to local amenities and the serene coastal charm that defines this region. For more insights into this wonderful area, consult <a href="https://buddyblake.com" target="_blank">Buddy Blake's local Wilmington real estate expertise</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.
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.
