341 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Discover unparalleled modern living at 341 Glenn Ellen Dr, a meticulously crafted single-story patio home built in 2021. Spanning 3,084 square feet, this exquisite residence boasts 3 spacious bedrooms and 3.5 luxurious bathrooms, designed for comfort and elegance. The home features an inviting enclosed porch and an additional open porch, perfect for savoring the coastal breeze or entertaining guests. An expansive 520 sq ft garage, central air conditioning, and an efficient heat pump ensure year-round comfort and convenience.
Adorned with an elegant brick veneer exterior and a durable shingle roof, this home embodies quality craftsmanship. It's perfectly situated within the highly desirable Village at Motts Landing community, known for its appealing environment. For further details on this exceptional property or to gain local real estate market expertise, reach out to Buddy Blake Real Estate. This property offers a unique opportunity to experience luxury, comfort, and a prime Wilmington location.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
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 5.4% 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 $248,789 equity in the S&P 500, in 10 years it could grow to $645,294 — compared to an estimated $686,035 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 $2,007/month to hold — including $1,037/month in opportunity cost from equity that could be earning interest elsewhere.
Market Pulse
A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.
Your Neighborhood
<p>Located in the sought-after Federal Point area of Wilmington, NC 28412, this vibrant community offers an exceptional coastal lifestyle. Residents benefit from being part of the highly-regarded New Hanover County Schools district and enjoy a perfect blend of modern conveniences and charming local amenities. For more information on what's happening in the <a href="https://buddyblake.com/wilmington-nc-real-estate-market-update-whats-happening-right-now-in-june-2026/">Wilmington NC real estate market</a>, connect with a local expert.</p>
Market Trend Predictions
Based on moderate market appreciation projections, your property generates passive wealth each month.
Stable market — no urgency, but conditions are fair
* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.
