332 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Welcome to 332 Glenn Ellen Dr, a stunning patio home nestled in the desirable Village at Motts Landing, Wilmington, NC. Built in 2020, this like-new residence offers 2,429 square feet of beautifully designed living space. With 3 comfortable bedrooms and 2.5 bathrooms, it provides ample room for relaxation and entertaining. The home boasts a charming brick veneer exterior and features modern amenities including central air conditioning, a cozy fireplace, and an efficient heat pump for heating. You'll love the convenience of the attached 696 sq ft garage and the serene enclosed porch, perfect for enjoying your morning coffee or unwinding after a long day. Situated on a generous 0.245-acre lot, this property offers both space and privacy. Discover more about the vibrant community of Village at Motts Landing and its exceptional lifestyle. For unparalleled insight into the Wilmington market, trust the local expertise of Buddy Blake. Ready to make this dream home yours or explore other opportunities? Buddy Blake Real Estate is here to guide you.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $306,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $56,500
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 22.7% 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 $525,230 equity in the S&P 500, in 10 years it could grow to $1,362,311 — compared to an estimated $914,699 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 $3,053/month to hold — including $2,188/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>Located in Wilmington, NC, 332 Glenn Ellen Dr is situated within the desirable Federal Point area. This well-established community offers residents a peaceful setting while maintaining convenient access to local amenities and the vibrant coastal lifestyle of Wilmington.</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.
