352 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Discover the charm of coastal living at 352 Glenn Ellen Dr, a stunning patio home built in 2019, nestled in Wilmington, NC. This meticulously maintained single-story residence offers a spacious 2,426 square feet of living space, featuring 3 comfortable bedrooms and 2.5 baths, perfect for modern lifestyles. The home boasts a welcoming brick veneer exterior and comes equipped with central air conditioning and a heat pump for year-round comfort. Cozy up by one of the two fireplaces or enjoy the beautiful North Carolina weather from your enclosed or open porch. Parking is a breeze with a generous 712 square foot two-car garage.
Situated within the desirable Village at Motts Landing community, this home offers a fantastic opportunity for those seeking a vibrant and convenient lifestyle in Wilmington. The R-15 zoning ensures a peaceful residential environment on a well-sized 0.28-acre lot. When it comes to navigating the Wilmington real estate market, having a knowledgeable partner is key. Buddy Blake Real Estate provides unparalleled local expertise, helping you make informed decisions about your next home. For the latest insights into the local property landscape, explore the Wilmington NC Real Estate Market Update. For those looking for more homes like this, Buddy Blake is your go-to Wilmington NC real estate expert. Don't miss the chance to explore what makes this property truly special.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $311,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $61,500
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 21.7% 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 $531,310 equity in the S&P 500, in 10 years it could grow to $1,378,082 — compared to an estimated $926,035 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 $3,090/month to hold — including $2,214/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>The property at 352 Glenn Ellen Dr is situated in Wilmington, NC 28412, within the desirable Federal Point area of New Hanover County. This residential district is known for its well-established communities and convenient access to local amenities and the broader Wilmington area. It falls under the reputable New Hanover County Schools district, offering a peaceful residential environment.</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.
