337 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Discover sophisticated single-level living at this charming patio home located at 337 Glenn Ellen Dr in Wilmington, NC. Built in 2019, this meticulously designed residence offers 2,815 square feet of living space, featuring 3 spacious bedrooms and 3 full bathrooms. The brick veneer exterior provides classic curb appeal, while inside, you'll find modern comforts including central air conditioning and an efficient electric heat pump system. Enjoy cozy evenings by one of two fireplaces or relax outdoors on the inviting open porch. The home also boasts a two-car garage, providing ample storage and parking.
Situated in the desirable Glenn Ellen section of the renowned Village at Motts Landing, this property combines modern convenience with a sought-after community atmosphere. Whether you're looking for insights into the local market or expert guidance, Buddy Blake Real Estate is your trusted partner for Wilmington real estate expertise. This home is a prime example of comfortable, contemporary living in one of Wilmington's most appealing neighborhoods. For the latest trends, you might also be interested in the Wilmington NC Real Estate Market Update.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $334,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $84,500
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 21.8% 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 $551,924 equity in the S&P 500, in 10 years it could grow to $1,431,548 — compared to an estimated $958,737 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 $3,203/month to hold — including $2,300/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>Nestled in the charming Glenn Ellen subdivision within the highly desirable Village at Motts Landing, this home is located in Wilmington, NC 28412. This area is known for its residential appeal, falling within the New Hanover County Schools district. Wilmington offers a vibrant coastal lifestyle with convenient access to amenities and attractions. For more information on the local real estate landscape, consider exploring resources from <a href="https://buddyblake.com">Wilmington NC Real Estate experts</a>.</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.
