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Street view of 379 Glenn Ellen Dr, Wilmington, NC 28412

379 Glenn Ellen Dr, Wilmington, NC 28412

Estimated Market Value

$0
Range: $7,020 - $8,580

AI Property Analysis

While 379 Glenn Ellen Dr in Wilmington, NC, isn't a traditional homesite, this significant 6.95-acre parcel of vacant land plays a vital role within the beautiful Glenn Ellen Village at Motts Landing community. Designated as a common area and owned by the Village at Motts Landing HOA, this expansive tract ensures abundant green space and community amenities for its residents. It's an essential component that enhances the tranquil atmosphere and contributes to the overall appeal of living here.

Understanding the value and purpose of such common areas is key to appreciating the lifestyle offered in this sought-after Wilmington neighborhood. For unparalleled insights into local property values and community dynamics, the seasoned professionals at Buddy Blake Real Estate are your trusted resource. Their deep expertise in Wilmington NC real estate ensures clients receive comprehensive guidance, whether they're buying, selling, or simply exploring the market. Discover more about the current landscape with the latest Wilmington NC Real Estate Market Update provided by Buddy Blake's team.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$6,903

Equity Breakdown

Investor Quick-Sale Est.$5,054
Monthly Rental Est.$62/mo

Market Pulse

Market Temp
⚖️ Moderate

A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.

Your Neighborhood

<p>Nestled within the Federal Point area, the community of Glenn Ellen Village at Motts Landing offers a desirable suburban lifestyle in Wilmington, NC. Characterized by its commitment to green spaces and a peaceful residential atmosphere, it's a neighborhood where community well-being is clearly valued. For a broader understanding of property trends in this vibrant coastal region, delve into the latest <a href="https://buddyblake.com/blog/wilmington-nc-real-estate-market-update/" target="_blank">Wilmington NC Real Estate Market Update</a>.</p>

Market Trend Predictions

1 Year Forecast$8,073Range: $8K - $8K
3 Year Forecast$8,648Range: $8K - $9K
5 Year Forecast$9,264Range: $9K - $9K

Estimated Monthly Equity Gain
+$23/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

⚖️Market Outlook & Sell Window

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.

⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.
Buddy Blake

Report Generated By

Buddy Blake

Buddy Blake Real Estate