357 Glenn Ellen Dr, Wilmington, NC 28412-1632
Estimated Market Value
AI Property Analysis
Discover modern elegance and comfortable living at 357 Glenn Ellen Dr, a charming patio home in Wilmington, NC. Built in 2019, this immaculate single-story residence boasts 3 bedrooms and 3 full bathrooms across a spacious 3,002 square feet of living space. Imagine relaxing in your sunroom, enjoying cozy evenings by the fireplace, or unwinding on the open porch – perfect for savoring those beautiful North Carolina days. The home features a durable brick veneer exterior and includes a convenient garage, central air conditioning, and an efficient heat pump system.
This exceptional property is nestled within the highly sought-after Village at Motts Landing community. To explore more about this vibrant neighborhood and other available homes, visit the Village at Motts Landing expert real estate guide. With its low-maintenance lifestyle and prime location, this home offers an ideal blend of style and convenience. For unparalleled local insights and expert guidance on finding your perfect Wilmington area home, trust the local real estate expertise of Buddy Blake. Get a deeper understanding of current trends with the latest Wilmington NC Real Estate Market Update.
Ready to make this dream home yours? Contact Buddy Blake Real Estate for a private showing and experience the difference of working with a team dedicated to your home-buying journey.
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 21.4% 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 $545,988 equity in the S&P 500, in 10 years it could grow to $1,416,152 — compared to an estimated $949,122 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 $3,170/month to hold — including $2,275/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 the desirable 28412 zip code of Wilmington, NC, this home offers the best of coastal living. The property is part of the established Village at Motts Landing, a community known for its inviting atmosphere and convenient access to local amenities, including top-rated schools within the New Hanover County Schools district. Residents enjoy proximity to Wilmington's vibrant downtown, beautiful beaches, and a variety of shopping and dining options, all contributing to a relaxed yet engaging lifestyle.</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.
