365 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Discover the charm of modern living at 365 Glenn Ellen Dr, a stunning patio home nestled in the desirable Village at Motts Landing in Wilmington, NC. Built in 2021, this exquisite 2,371 square foot residence offers a perfect blend of comfort and style. Featuring 3 spacious bedrooms and 2.5 baths, this single-story gem is designed for effortless living. Enjoy the convenience of central air conditioning, a cozy fireplace, and an efficient electric heat pump system. The home boasts a welcoming enclosed porch, perfect for relaxing, and a 1-car garage. With its elegant brick veneer exterior and quality construction, this home represents a fantastic opportunity in one of Wilmington's sought-after communities. To explore more homes and learn about this vibrant area, trust the local expertise of Buddy Blake Real Estate. For a deeper dive into the specific amenities and lifestyle offered by The Village at Motts Landing, explore our community guide. This beautiful home was last sold in April 2025 for $850,000, reflecting its premium appeal in the current market. Stay informed on the local housing trends by checking out the latest Wilmington NC Real Estate Market Update provided by Buddy Blake, your Wilmington real estate expert.
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 -0.3% per year — below 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 $81,308 equity in the S&P 500, in 10 years it could grow to $210,892 — compared to an estimated $526,466 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 $1,327/month to hold — including $339/month in opportunity cost from equity that could be earning interest elsewhere.
Market Pulse
Slower price growth and extended listing times suggest a more buyer-friendly environment.
Your Neighborhood
<p>Situated in the thriving Wilmington area, 365 Glenn Ellen Dr is 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/">The Village at Motts Landing</a>, a highly regarded community known for its well-maintained homes and convenient access to local amenities. Residents benefit from the excellent New Hanover County Schools district and proximity to everything Wilmington has to offer, from beautiful beaches to vibrant downtown attractions.</p>
Market Trend Predictions
Based on moderate market appreciation projections, your property generates passive wealth each month.
Buyer's market — consider waiting for conditions to improve
* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.
