NOT LISTED FOR SALE

121 Cathay Rd Wilmington, NC 28412

Arrondale Neighborhood

Estimated Value: $257,000 - $320,000

3 Beds
2.5 Baths
1,501 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $111,900 $75 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,650/month

159 Days on Market

Highlights

  • Bonus Room
  • Ground Level Unit
  • No HOA
  • Edwin A. Anderson Elementary School Rated A-
  • Great Room
  • Thermal Windows

About This Home

As of March 2013

Completely updated home at an affordable price! Home features 3 bedrooms/2.5 baths and is complete with new kitchen cabinets, counter tops, appliances and impressive kitchen island that opens to the living room that is ideal for entertaining. Also recently added is a new roof, double pane windows, water heater, crown molding, newer HVAC, wood floors, laundry room and plenty more updates. Den can be used as a 4th bedroom with a full bath. This is one you don't want to miss. Home is eligible for 100% USDA financing!!

Last Agent to Sell the Property

Nilesh Jethwa

Realty World-Cape Fear Listed on: 09/13/2012

Last Buyer's Agent

Buddy Blake

RE/MAX Essential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1971

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence
  • Property is zoned R-10

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Heating Available
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Monterey Heights Subdivision

Listing and Financial Details

  • Tax Lot 3127

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Ground, One
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 1400 - 1599
  • List Price per Sq Ft: 74.55
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bonus Room Level: First
  • Dining Room Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1501.00
  • Total Heated Primary Separate Sq Ft: 1501.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Brick
  • Fencing: Chain Link
  • Foundation: Slab
  • On Site Pool Spa: None
  • Road Type Frontage: Paved
  • Roof: Shingle

Garage/Parking

  • Garage And Parking Other See Remarks: Cmnt,Pad

Utilities

  • Appliances Equipment: Dishwasher
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2610.00
  • Lot Acres: 0.27
  • Lot Dimensions: Irregular
  • Lot Number: 3127
  • Lot Sq Ft: 11761.00
  • Zoning: R-10

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2019
Sold by
Wehner Justin S
Bought by
Wehner Justin S and Ikner Lauren Taylor
Current Estimated Value
$291,308

Purchase Details

Closed on
Jul 6, 2018
Sold by
Wehner Justin S and Wehner Rebecca A
Bought by
Wehner Justin S

Purchase Details

Closed on
Feb 2, 2017
Sold by
Wehner Courtney R
Bought by
Wehner Justin S and Wehner Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,081
Outstanding Balance
$108,484
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$171,868

Purchase Details

Listed on
Sep 13, 2012
Closed on
Mar 7, 2013
Sold by
Renova Investments Inc
Bought by
Wehner Courtney R
Seller's Agent
Nilesh Jethwa
Realty World-Cape Fear
Buyer's Agent
Buddy Blake
RE/MAX Essential
List Price
$129,900
Sold Price
$111,900
Premium/Discount to List
-$18,000
-13.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$114,183
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2012
Sold by
Ferigo Martial and Ferigo Anne Cecile
Bought by
Renova Investments Inc

Purchase Details

Closed on
Jul 19, 2012
Sold by
Hayes Chester R and Hayes Alanda M
Bought by
Ferigo Martial

Purchase Details

Closed on
Apr 1, 1977
Bought by
Hayes Chester R Alanda
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wehner Justin S -- None Available
Wehner Justin S -- None Available
Wehner Justin S $133,500 None Available
Wehner Courtney R $112,000 None Available
Renova Investments Inc -- None Available
Ferigo Martial $43,000 None Available
Hayes Chester R Alanda $26,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehner Justin S $131,081
Previous Owner Wehner Courtney R $114,183
Previous Owner Hayes Chester R $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2013 03/12/13 Sold $111,900 -13.9% $75 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
09/13/2012 09/13/12 For Sale $129,900 -- $87 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $904 $158,900 $62,800 $96,100
2022 $906 $158,900 $62,800 $96,100
2021 $882 $158,900 $62,800 $96,100
2020 $826 $130,600 $31,000 $99,600
2019 $796 $125,800 $31,000 $94,800
2018 $796 $125,800 $31,000 $94,800
2017 $815 $125,800 $31,000 $94,800
2016 $818 $118,100 $31,000 $87,100
2015 $761 $118,100 $31,000 $87,100
2014 $748 $118,100 $31,000 $87,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nilesh Jethwa

    Realty World-Cape Fear

  • B

    Buyer's Agent in 2013

    Buddy Blake

    RE/MAX

See All Agents

Map

Source: Hive MLS

MLS Number: 30481473

Hive MLS

APN: R07913-005-003-000

North Carolina New Hanover County Wilmington 28412 Arrondale

121 Cathay Rd, Wilmington, NC

This home is located at 121 Cathay Rd, Wilmington, NC 28412 since 13 September 2012 and is currently estimated at $291,308, approximately $194 per square foot. This property was built in 1971. 121 Cathay Rd is a home located in New Hanover County with nearby schools including Edwin A. Anderson Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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