364 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Discover sophisticated, single-level living at 364 Glenn Ellen Dr, a meticulously maintained patio home built in 2021. Nestled within the sought-after Glenn Ellen section of The Village at Motts Landing, this residence offers 2,463 square feet of comfortable elegance.
Boasting 3 bedrooms, 2.5 bathrooms, and a convenient 1-car garage, this home is designed for effortless living. Enjoy modern amenities including central air conditioning, a cozy fireplace, and an inviting open porch, perfect for relaxing. The charming brick veneer exterior adds to its curb appeal, while the efficient heat pump ensures year-round comfort. With a total assessed value of $681,300, this property represents an excellent investment in a thriving Wilmington neighborhood.
When it comes to understanding the local market and finding your perfect home in Wilmington, trust the extensive knowledge and dedication of Buddy Blake Real Estate. Their team brings unparalleled Wilmington NC real estate expertise to every client, ensuring a smooth and successful experience. For insights into the current market, consider reading the latest Wilmington NC Real Estate Market Update.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $327,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $77,500
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 28.7% 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 $541,000 equity in the S&P 500, in 10 years it could grow to $1,403,215 — compared to an estimated $944,134 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 $3,149/month to hold — including $2,254/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>Situated in the desirable city of Wilmington, NC, this home resides within the well-regarded New Hanover County Schools district. The immediate area, known as Glenn Ellen, is an integral part of <a href="https://www.buddyblake.com/homes-for-sale-wilmington-nc/village-at-motts-landing-wilmington-nc-homes-for-sale-expert-real-estate-guide/" target="_blank">The Village at Motts Landing</a>, a community recognized for its residential appeal and convenient location.</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.
