NOT LISTED FOR SALE

318 Cathay Rd Wilmington, NC 28412

Arrondale Neighborhood

Estimated Value: $237,000 - $302,000

4 Beds
2 Baths
1,357 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2021

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

Est. 31% increase in value since last sale

Current estimated payment $1,651 / mo

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 Corporation License #322952

Intracoastal Realty Corporation

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $762

Year Built

  • Built in 1975

Lot Details

  • 12,632 Sq Ft 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

0.29 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 168.75
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 761.53
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Interior Amenities: 1st Floor Master
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1357.00
  • Stories: 1.0
  • Stories Levels: One
  • 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
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Forced Air
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Lot Info

  • Cobra Zone: No
  • Deed Page: 27052707.00
  • Lot Acres: 0.29
  • Lot Dimensions: 86x141x87x154
  • Lot Sq Ft: 12632.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07913-002-010-000
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 30, 2021
Sold by
Chavis Jackie
Bought by
Seller's Agent
Jennifer Bullock Team
RE/MAX Executive
Buyer's Agent
Karen Spruill
Intracoastal Realty Corporation
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$281,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,084
Avg. Annual Appreciation
5.77%
Original Mortgage
$219,945
Outstanding Balance
$198,016
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$83,068

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Arrondale, NC

  • Team Gale Real Estate Agent - Coldwell Banker Sea Coast Advantage

    Team Gale

    Coldwell Banker Sea Coast Advantage

    (910) 765-8761

    202 Total Sales

    1 in Arrondale

    $385,000 Price

    Team Gale
     Section Image
  • Morgan Beatty Group Real Estate Agent - RE/MAX Essential

    Morgan Beatty Group

    Responds Quickly

    RE/MAX Essential

    (910) 312-2757

    190 Total Sales

    1 in Arrondale

    $340,000 Price

    Morgan Beatty Group
     Section Image
  • Atlantic Edge Partners Real Estate Agent - Intracoastal Realty Corporation

    Atlantic Edge Partners

    Responds Quickly

    Intracoastal Realty Corporation

    (833) 626-1316

    166 Total Sales

    2 in Arrondale

    $275K - $349K Price Range

    Atlantic Edge Partners
     Section Image
  • Rainey Wallace Real Estate Agent - Intracoastal Realty Corporation

    Rainey Wallace

    Intracoastal Realty Corporation

    (910) 807-8637

    321 Total Sales

    1 in Arrondale

    $375,000 Price

    Rainey Wallace
     Section Image
  • Rob Warwick Real Estate Agent - Coldwell Banker Sea Coast Advantage

    Rob Warwick

    Coldwell Banker Sea Coast Advantage

    (910) 807-7356

    368 Total Sales

    3 in Arrondale

    $290K - $333K Price Range

    Rob Warwick
     Section Image
  • Jaclyn McCoy Real Estate Agent - NorthGroup

    Jaclyn McCoy

    NorthGroup

    (520) 523-8077

    67 Total Sales

    1 in Arrondale

    $390,000 Price

    Jaclyn McCoy
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,113 $274,600 $125,400 $149,200
2023 $883 $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

  • JB

    Seller's Agent in 2021

    Jennifer Bullock Team

    RE/MAX

    (910) 408-4802

    8 in this area

    677 Total Sales

    Jennifer Bullock Team
    Section Image

  • KS

    Buyer's Agent in 2021

    Karen Spruill

    Intracoastal Realty Corporation

    (252) 347-4244

    1 in this area

    20 Total Sales

    Karen Spruill
    Section Image
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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

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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. ©2026 Hive MLS LLC

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