356 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Nestled at 356 Glenn Ellen Dr, Wilmington, NC, this exceptional patio home offers sophisticated single-level living in the highly sought-after Village at Motts Landing community. Built in 2019, this residence boasts a generous 2,490 square feet of meticulously designed living space, featuring 3 spacious bedrooms and 3 full bathrooms. You'll appreciate the timeless elegance of a brick veneer exterior, a cozy fireplace perfect for cooler evenings, and the convenience of central air conditioning and a heat pump for year-round comfort. The attached garage provides ample parking and storage, while the inviting open porch offers a tranquil spot for morning coffee or evening relaxation. This home, much like the like-new single-level home at 144 Windy Woods Way, truly embodies comfortable luxury with modern amenities and a prime location. Discover more about homes like this and gain Wilmington real estate insights from Buddy Blake, a trusted local expert. For personalized guidance on your next property, reach out to Buddy Blake Real Estate and leverage their extensive local market expertise.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $327,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $77,500
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 21.6% 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 $545,729 equity in the S&P 500, in 10 years it could grow to $1,415,480 — compared to an estimated $948,863 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 $3,169/month to hold — including $2,274/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>This charming patio home is ideally situated in Wilmington, NC, within the desirable Glenn at The Village at Motts Landing subdivision. Residents here enjoy the vibrant coastal lifestyle and convenient access to all that Wilmington has to offer, from beautiful beaches to diverse dining and entertainment. To explore more about the appeal of living in this dynamic region, visit <a href="https://buddyblake.com">Buddy Blake's Wilmington real estate guide</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.
