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Street view of 336 Glenn Ellen Dr, Wilmington, NC 28412-1632

336 Glenn Ellen Dr, Wilmington, NC 28412-1632

Estimated Market Value

$0
Range: $732,000 - $825,000
3Beds
3Baths
2,705SqFt
2019Built
1Garage

AI Property Analysis

Discover the charm of 336 Glenn Ellen Dr, a meticulously maintained patio home nestled within the highly sought-after Village at Motts Landing. Built in 2019, this "like-new" brick veneer residence offers modern comforts and effortless single-level living. Boasting 2,705 square feet, this spacious home features 3 bedrooms and 3 full bathrooms, perfect for comfortable family living or hosting guests.

Step inside to find an inviting interior complemented by central air conditioning, a cozy fireplace, and efficient heat pump heating. The thoughtful layout includes a generous living area and a convenient 1-car garage (675 sq ft). One of the true highlights of this property is its lovely enclosed porch, offering a serene space to relax year-round, much like the desirable features found in other fantastic Wilmington single-level homes.

This home offers incredible value with an estimated value of $777,000, showcasing the enduring appeal of the area. For those interested in understanding the community more deeply, explore our expert real estate guide to homes for sale in Village at Motts Landing. With a proven track record of helping clients navigate the local market, Buddy Blake Real Estate brings unparalleled local expertise to every transaction.

If you're considering a move or simply want to stay informed about the dynamic market, trust Buddy Blake's local Wilmington real estate expertise to guide you.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$587,500
Based on estimated value of $777,000 minus purchase price of $189,500
✅ You likely qualify! You've owned this home for 6.8 years (minimum 2 years required).
⚠️ This tax benefit may not last forever. The Section 121 exclusion is frequently debated in Congress. Knowing your equity options now is crucial for long-term wealth planning.

Single Filer

Up to $250K Exclusion

Protected Amount:$250,000
Capital Gains Rate:20%
Potential Tax Savings:$50,000

Remaining taxable gain: $337,500

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$500,000
Capital Gains Rate:20%
Potential Tax Savings:$100,000

Remaining taxable gain: $87,500

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

Estimated Cash in Hand:$553,552

Equity Breakdown

Cost to Build Today$608,625
Investor Quick-Sale Est.$527,040
Monthly Rental Est.$3,885/mo

Your Appreciation Story

Your Annual Return23.1%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$537,750Growth above historical 3.5% baseline

Your home has appreciated at 23.1% 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 $553,552 equity in the S&P 500, in 10 years it could grow to $1,435,771 — compared to an estimated $961,942 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$259/mo
Maintenance (1% est)$648/mo
Opportunity Cost (5% est)$2,306/mo
Total Monthly Holding Cost$3,213/mo

* Estimates do not include county, city, or other annual property taxes.

While your home appreciates, it costs approximately $3,213/month to hold — including $2,306/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
🔥 Hot

Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.

Your Neighborhood

<p>This charming home is situated in the desirable Federal Point area of Wilmington, NC, specifically within the established Village at Motts Landing community. Residents enjoy the serene atmosphere of New Hanover County while benefiting from convenient access to Wilmington's vibrant amenities, beaches, and thriving local attractions.</p>

Market Trend Predictions

1 Year Forecast$804,195Range: $793K - $839K
3 Year Forecast$861,474Range: $825K - $979K
5 Year Forecast$922,832Range: $858K - $1.1M

Estimated Monthly Equity Gain
+$2,266/mo

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

🔥Market Outlook & Sell Window

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.

⚖️ 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

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Buddy Blake

Buddy Blake Real Estate