NOT LISTED FOR SALE

419 Cathay Rd Wilmington, NC 28412

Arrondale Neighborhood

Estimated Value: $229,000 - $305,000

3 Beds
1.5 Baths
1,325 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $90,000 $68 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,560/month

26 Days on Market

Highlights

  • Corner Lot
  • Mud Room
  • Workshop
  • Edwin A. Anderson Elementary School Rated A-
  • No HOA
  • 4-minute walk to Monterey Heights Park

About This Home

As of September 2016

Brick ranch home perfect for investors in Monterey Heights, ideally located on a .25 acre corner lot. Some renovations have been done including the garage has been closed in as an indoor workshop w/ a large tool bench. The spacious kitchen boasts lots of cabinet space, an over the sink window for overlooking backyard activities & a pantry. French doors lead to the large & open backyard which is private & fully fenced. Home to be sold as is.

Last Agent to Sell the Property

Buddy Blake

RE/MAX Essential Listed on: 03/17/2016

Last Buyer's Agent

MLS NON

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 101x114x142x72
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Corner Lot
  • Property is zoned R-10

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mud Room
  • Combination Dining and Living Room
  • Workshop
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Monterey Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07816-001-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1977

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: 1977
  • 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, Pantry, Workshop, Wash/Dry Connect, Mud Room, Ceiling Fan(s)
  • List Price per Sq Ft: 85.66
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 1325.00
  • Total Heated Primary Separate Sq Ft: 1325.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Exterior Structures: Storage
  • Fencing: Back Yard, Wood, Full
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 67.00
  • Lot Acres: 0.25
  • Lot Description: Corner Lot
  • Lot Dimensions: 101X114X142X72
  • Lot Sq Ft: 10890.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07816-001-001-000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2016
Closed on
Sep 19, 2016
Sold by
Cannon Barbara W
Bought by
Neshat Khosro Mark and Neshat Mahasti M
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
MLS NON
NON-MLS OFFICE
List Price
$113,500
Sold Price
$90,000
Premium/Discount to List
-$23,500
-20.7%
Current Estimated Value
$271,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,404
Avg. Annual Appreciation
12.58%
Original Mortgage
$67,500
Outstanding Balance
$32,671
Interest Rate
2.74%
Mortgage Type
New Conventional
Estimated Equity
$226,725

Purchase Details

Closed on
Apr 1, 1977
Bought by
Cannon Larry O Barbara
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
Neshat Khosro Mark $90,000 None Available
Cannon Larry O Barbara $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neshat Khosro Mark $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $90,000 -20.7% $68 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $113,500 -- $86 / 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 $970 $171,600 $63,300 $108,300
2022 $973 $171,600 $63,300 $108,300
2021 $952 $171,600 $63,300 $108,300
2020 $856 $135,400 $31,000 $104,400
2019 $856 $135,400 $31,000 $104,400
2018 $856 $135,400 $31,000 $104,400
2017 $877 $135,400 $31,000 $104,400
2016 $414 $119,600 $31,000 $88,600
2015 $385 $119,600 $31,000 $88,600
2014 $379 $119,600 $31,000 $88,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Buddy Blake

    RE/MAX Essential

  • M

    Buyer's Agent in 2016

    MLS NON

    NON-MLS OFFICE

See All Agents

Map

Source: Hive MLS

MLS Number: 100005840

Hive MLS

APN: R07816-001-001-000

North Carolina New Hanover County Wilmington 28412 Arrondale

419 Cathay Rd, Wilmington, NC

This home is located at 419 Cathay Rd, Wilmington, NC 28412 since 17 March 2016 and is currently estimated at $271,404, approximately $204 per square foot. This property was built in 1977. 419 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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