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Street view of 328 Glenn Ellen Dr, Wilmington, NC 28412-1632

328 Glenn Ellen Dr, Wilmington, NC 28412-1632

Estimated Market Value

$0
Range: $698,000 - $787,000
3Beds
3Baths
2,469SqFt
2019Built
1Garage

AI Property Analysis

Welcome to 328 Glenn Ellen Dr, a captivating patio home nestled in the heart of Wilmington, NC! Built in 2019, this meticulously maintained single-level residence offers 2,469 square feet of comfortable living space. You'll find three spacious bedrooms and three full bathrooms, perfect for modern living. Enjoy cozy evenings by the fireplace or relax on your choice of an enclosed or open porch, ideal for enjoying the Carolina weather. The home boasts a durable brick veneer exterior and a convenient attached garage, providing ample parking and storage. This property is nestled within the highly desirable Village at Motts Landing community, known for its serene environment and excellent amenities. To discover more about the exceptional lifestyle this community offers, explore our expert real estate guide for Village at Motts Landing. For those interested in the broader area, you can also stay informed with the latest Wilmington NC Real Estate Market Update. When it comes to navigating the Wilmington market, trust the insights of a local real estate expert like Buddy Blake. For more information on this stunning home or other properties, contact Buddy Blake Real Estate.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$655,785

These projections assume a 5.5% total sales commission, approximately 6% in closing costs and concessions, and mortgage payoff estimated from public purchase records (30-year fixed, 20% down payment, 5% assumed interest rate). Actual proceeds will vary based on negotiated terms, local costs, and current mortgage balance. This is not an appraisal or guaranteed estimate of net proceeds.

Equity Breakdown

Cost to Build Today$555,525
Investor Quick-Sale Est.$502,560
Monthly Rental Est.$3,705/mo

Market Pulse

Market Temp
⚖️ Moderate

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

Your Neighborhood

<p>Situated in Wilmington, NC, 328 Glenn Ellen Dr is part of the desirable Village at Motts Landing community. Residents benefit from being in New Hanover County and served by the highly-regarded New Hanover County Schools. This location offers convenient access to local amenities and the vibrant coastal lifestyle that defines Wilmington.</p>

Market Trend Projections

1 Year Forecast$766,935Range: $754K - $767K
3 Year Forecast$821,560Range: $781K - $822K
5 Year Forecast$880,076Range: $808K - $880K

Estimated Monthly Equity Gain
+$2,161/mo

Based on moderate market appreciation projections, this property's estimated equity may increase by approximately this amount each month. Actual appreciation varies and is not guaranteed.

⚖️Market Outlook & Sell Window

Stable market — no urgency, but conditions are fair

* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 1.8%, Moderate: 3.5%, Aggressive: 3.5%. Actual results will vary. Past performance does not guarantee future results. This platform is not acting as an appraiser or investment adviser. Projection date: August 2026.

⚖️ This analysis is for informational purposes only and does not constitute an appraisal, tax advice, legal advice, or investment advice. The platform and its operators are not acting as appraisers, accountants, attorneys, investment advisers, or tax advisers. Valuations shown are estimates based on publicly available data and automated models — they are not formal appraisals. Financial projections are illustrative and not guaranteed. Always consult with qualified professionals before making any real estate, financial, or tax decisions.
Buddy Blake

Report Generated By

Buddy Blake

Buddy Blake Real Estate

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