NOT LISTED FOR SALE

318 Cathay Rd Wilmington, NC 28412

Arrondale Neighborhood

Estimated Value: $263,000 - $303,000

4 Beds
2 Baths
1,357 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $215,000 $158 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,555/month

32 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Property is Fully Fenced
  • Heyward C. Bellamy Elementary School Rated A-
  • Combination Dining and Living Room
  • 3-minute walk to Monterey Heights Park

About This Home

As of December 2021

318 Cathay Road boasts 4 bedrooms 2 full bathrooms with 1400 sq ft of spacious home ideal for any investor with an eye for renovation! Investors special, as home is being sold AS IS!! With endless potential, let your dreams soar as 318 Cathay Road is anxiously awaiting it's new owner! With a little TLC this home would be anyone's ideal dream home!

Last Agent to Sell the Property

Jennifer Bullock Team

RE/MAX Executive Listed on: 10/01/2021

Last Buyer's Agent

Karen Spruill

Intracoastal Realty Corp License #322952

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $762

Year Built

  • Built in 1975

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 86x141x87x154
  • Property is Fully Fenced
  • 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

  • 1,357 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Monterey Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07913-002-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$762

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 168.75
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1357.00
  • Total Heated Primary Separate Sq Ft: 1357.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: Chain Link, Full
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 27052707.00
  • Lot Acres: 0.29
  • Lot Dimensions: 86x141x87x154
  • Lot Sq Ft: 12632.00
  • Plat Book: 15
  • Plat Page: 23
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07913-002-010-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 761.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 30, 2021
Sold by
Chavis Jackie
Bought by
Barlow Kevin Lee and Barlow Shawn Michele
Seller's Agent
Jennifer Bullock Team
RE/MAX Executive
Buyer's Agent
Karen Spruill
Intracoastal Realty Corp
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$279,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,350
Avg. Annual Appreciation
6.81%
Original Mortgage
$219,945
Outstanding Balance
$204,308
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$72,204

Purchase Details

Closed on
Nov 8, 2010
Sold by
Federal National Mortgage Association
Bought by
Chavis Jackie

Purchase Details

Closed on
Jun 29, 2010
Sold by
Wood Wesley T and Wood Erin R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 12, 2007
Sold by
Fisher Lyle H
Bought by
Wood Wesley T and Wood Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Pledged Property Ii Llc
Bought by
Fisher Lyle H

Purchase Details

Closed on
Jan 27, 2003
Sold by
Hutchens H Terry Sub Trustee
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Jul 28, 1999
Sold by
Blue Therman Life Estate
Bought by
Hankins Shirley B

Purchase Details

Closed on
Feb 3, 1998
Sold by
Hankins Shirley B
Bought by
Blue Therman Life Estate

Purchase Details

Closed on
Sep 12, 1996
Sold by
Hankins Sr Harry L
Bought by
Hankins Shirley B

Purchase Details

Closed on
May 17, 1990
Sold by
Dick Lawrence A Jr Claudia
Bought by
Hankins Harry L Shirley B

Purchase Details

Closed on
Jun 1, 1975
Bought by
Dick Lawrence A Jr Claudia
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
Barlow Kevin Lee $215,000 None Available
Chavis Jackie -- None Available
Federal National Mortgage Association $180,271 None Available
Wood Wesley T $164,500 None Available
Fisher Lyle H $54,000 --
Pledged Property Ii Llc $45,000 --
Hankins Shirley B -- --
Blue Therman Life Estate -- --
Hankins Shirley B -- --
Hankins Harry L Shirley B $43,000 --
Dick Lawrence A Jr Claudia $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barlow Kevin Lee $219,945
Previous Owner Wood Wesley T $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $215,000 -6.1% $158 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $229,000 -- $169 / 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 $889 $156,100 $66,300 $89,800
2022 $891 $156,100 $66,300 $89,800
2021 $867 $156,100 $66,300 $89,800
2020 $762 $120,400 $31,000 $89,400
2019 $762 $120,400 $31,000 $89,400
2018 $762 $120,400 $31,000 $89,400
2017 $780 $120,400 $31,000 $89,400
2016 $688 $99,300 $31,000 $68,300
2015 $639 $99,300 $31,000 $68,300
2014 $629 $99,300 $31,000 $68,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennifer Bullock Team

    RE/MAX

  • K

    Buyer's Agent in 2021

    Karen Spruill

    Intracoastal Realty Corp

    (252) 347-4244

    1 in this area

    17 Total Sales

    Karen Spruill
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Map

Source: Hive MLS

MLS Number: 100293176

Hive MLS

APN: R07913-002-010-000

North Carolina New Hanover County Wilmington 28412 Arrondale

318 Cathay Rd, Wilmington, NC

This home is located at 318 Cathay Rd, Wilmington, NC 28412 since 01 October 2021 and is currently estimated at $279,350, approximately $205 per square foot. This property was built in 1975. 318 Cathay Rd is a home located in New Hanover County with nearby schools including Heyward C. Bellamy 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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