415 Glenn Ellen Dr, Wilmington, NC 28412-1637
Estimated Market Value
AI Property Analysis
Welcome to 415 Glenn Ellen Dr, a stunning patio home nestled in the desirable Glenn Ellen at The Village at Motts Landing community in Wilmington, NC. Built in 2023, this nearly new residence offers a spacious 2,338 sq ft of living space, featuring 4 comfortable bedrooms and 3 full bathrooms. Enjoy seamless single-story living, complete with modern amenities like central air conditioning and an efficient heat pump. The home boasts attractive brick veneer exterior walls, a slab foundation, and a lovely open porch perfect for relaxing. With an attached 462 sq ft garage, you'll have ample space for parking and storage. This property truly represents an exceptional opportunity for those seeking a contemporary and low-maintenance lifestyle in a prime Wilmington location. For more insights into this vibrant community, explore our expert real estate guide for The Village at Motts Landing. If you're considering buying or selling in this area, you'll want to work with a local expert. Get unparalleled Wilmington NC real estate expertise from Buddy Blake Real Estate, your trusted partner in navigating the market. Perhaps you're curious about the broader Wilmington NC real estate market update, or looking for advice on selling your home – Buddy Blake has you covered.
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 1.0% 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 $93,587 equity in the S&P 500, in 10 years it could grow to $242,741 — compared to an estimated $439,474 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 $1,158/month to hold — including $390/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>Located in the highly sought-after Federal Point area of Wilmington, NC, 415 Glenn Ellen Dr resides within the well-established Village at Motts Landing community. Residents benefit from being part of the New Hanover County Schools district and enjoy a tranquil residential setting with R-15 zoning. This prime location offers convenient access to local amenities and the vibrant coastal lifestyle Wilmington is known for. Learn more about the Wilmington area and its communities on the <a href="https://buddyblake.com">Buddy Blake Real Estate website</a>.</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.
