344 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Welcome to 344 Glenn Ellen Dr, a captivating patio home nestled within the highly sought-after Village at Motts Landing, Wilmington NC. Built in 2019, this immaculate single-story residence spans a generous 3401 square feet, offering the perfect blend of modern comfort and sophisticated design. You'll find four spacious bedrooms and three and a half beautifully appointed baths, ideal for both relaxation and entertaining. The home features classic brick veneer, central air conditioning, an efficient electric heat pump, and two charming fireplaces, creating a warm and inviting atmosphere. Enjoy the best of indoor-outdoor living with both an enclosed and an open porch, offering versatile spaces to unwind or host guests on your private 0.331-acre lot. A substantial 824 sq ft two-car garage provides ample storage and parking. For unparalleled expertise in the local market and to explore more incredible properties, connect with Buddy Blake Real Estate, your trusted resource for Wilmington NC real estate.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $370,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $120,500
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 22.1% 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 $584,303 equity in the S&P 500, in 10 years it could grow to $1,515,533 — compared to an estimated $1,010,038 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 $3,380/month to hold — including $2,435/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>Situated in Wilmington, NC, 344 Glenn Ellen Dr is part of The Village at Motts Landing, a desirable community in the Federal Point area. This tranquil residential setting, zoned R-15 Residential, offers residents a peaceful lifestyle with convenient access to Wilmington's amenities and is served by the highly regarded New Hanover County Schools.</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.
