NOT LISTED FOR SALE

534 Cathay Rd Wilmington, NC 28412

Arrondale Neighborhood

Estimated Value: $302,298

3 Beds
1 Bath
1,330 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2023

Last sale price $262,500 $197 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,711 / mo

46 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Tile Flooring
  • Heyward C. Bellamy Elementary School Rated A-
  • Patio
  • Central Air

About This Home

As of December 2023

Brick ranch style house on large lot with 3 bedrooms and 1 baths. Recently lightly renovated home less than one mile from the Cape Fear River Road Park boat ramp, and 6 mi to the heart of Carolina Beach! No HOA! Plenty of room for a new homeowner to add a bathroom and make their own upgrades. New roof in great condition. New flooring.

Last Agent to Sell the Property

Eric Villeneuve

New Village Real Estate LLC License #298681 Listed on: 10/13/2023

Last Buyer's Agent

Louisa Murray

Wit Realty LLC License #316191

Range of Values:

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

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ICE

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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

  • $927

Year Built

  • Built in 1977

Lot Details

  • 15,507 Sq Ft Lot
  • Lot Dimensions are 57 x 138 x 159 x 151
  • Property fronts a state road
  • Property is zoned R-10

Parking

  • On-Site Parking

Home Design

  • Brick Veneer
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Monterey Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07816-003-019-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$927

Year Built

Built in 1977

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1977
  • Property Sub Type: Single Family Residence
  • Original List Price: 267500.00
  • Unit Levels: One
  • Living Area: 1330.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 201.13
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, LVT/LVP, Tile
  • Interior Amenities: Master Downstairs, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 7
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 1.00
  • Living Area Range: 1200 - 1399

Exterior Features

  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: None
  • Roof: Architectural Shingle
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Concrete, On Site

Utilities

  • Utilities: Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Has Cooling?: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Lot Info

  • Deed Book: 6645
  • Deed Page: 2773.00
  • Zoning: R-10
  • Lot Size Acres: 0.36
  • Lot Size: 57 x 138 x 159 x 151
  • Lot Size Sq Ft: 15507.00
  • Purchase Contract Date: 2023-11-27
  • Parcel#: R07816-003-019-000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Book Number: 17
  • Tax Map Number: 51
  • Tax Other Assessment Amount Frequency: None known
  • Tax Amount: 926.92

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 13, 2023
Closed on
Dec 18, 2023
Sold by
New Village Llc
Bought by
Seller's Agent
Eric Villeneuve
New Village Real Estate LLC
Buyer's Agent
Louisa Murray
Wit Realty LLC
List Price
$275,000
Sold Price
$262,500
Premium/Discount to List
-$12,500
-4.55%
Views
151
Current Estimated Value
$302,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,798
Avg. Annual Appreciation
5.27%
Original Mortgage
$196,875
Outstanding Balance
$191,717
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$110,581

Purchase Details

Closed on
Jun 15, 2023
Sold by
Farnham Colby J and Farnham Amanda Kelly
Bought by
New Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2005
Sold by
Brill Donny B and Brill Marion H
Bought by
Farnham Colby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1980
Sold by
Faircloth Charles V Vickie H
Bought by
Brill Donny B Marion H

Purchase Details

Closed on
Oct 18, 1977
Sold by
Rc Fowler Properties Inc
Bought by
Faircloth Charles V Vickie H
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

  • Robert Winkler Real Estate Agent - WIN Realty

    Robert Winkler

    WIN Realty

    (910) 400-0827

    53 Total Sales

    1 in Arrondale

    $399,000 Price

    Robert Winkler
     Section Image
  • Angie & Cedric Robinson Real Estate Agent - RE/MAX Executive

    Angie & Cedric Robinson

    RE/MAX Executive

    (910) 807-8425

    74 Total Sales

    2 in Arrondale

    $330K - $667K Price Range

    Angie & Cedric Robinson
     Section Image
  • John Blackmon Real Estate Agent - Better Homes and Gardens Real Estate Treasure III

    John Blackmon

    Better Homes and Gardens Real Estate Treasure III

    (984) 789-5177

    54 Total Sales

    1 in Arrondale

    $360,000 Price

    John Blackmon
     Section Image
  • Beatty Pittman Real Estate Team LLC Real Estate Agent - Intracoastal Realty Corporation

    Beatty Pittman Real Estate Team LLC

    Intracoastal Realty Corporation

    (910) 839-7831

    609 Total Sales

    2 in Arrondale

    $255K - $275K Price Range

    Beatty Pittman Real Estate Team LLC
     Section Image
  • Christina Dennis Real Estate Agent - RE/MAX Essential

    Christina Dennis

    RE/MAX Essential

    (910) 765-8521

    18 Total Sales

    1 in Arrondale

    $315,000 Price

    Christina Dennis
     Section Image
  • Christian Cardamone Real Estate Agent - Aloha Wilmington Real Estate

    Christian Cardamone

    Aloha Wilmington Real Estate

    (910) 501-2849

    113 Total Sales

    1 in Arrondale

    $269,900 Price

    Christian Cardamone
     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
$263,000 None Listed On Document
New Village Llc $190,000 None Listed On Document
Farnham Colby J $113,000 None Available
Brill Donny B Marion H -- --
Faircloth Charles V Vickie H $27,000 --
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 $196,875
Previous Owner New Village Llc $211,000
Previous Owner Farnham Colby J $101,700
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
12/20/2023 12/20/23 Sold $262,500 -1.9% $197 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $267,500 -2.7% $201 / Sq Ft
10/13/2023 10/13/23 For Sale $275,000 -- $207 / 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 $1,282 $319,200 $131,200 $188,000
2023 $995 $177,400 $70,500 $106,900
2022 $1,004 $177,400 $70,500 $106,900
2021 $983 $177,400 $70,500 $106,900
2020 $840 $132,800 $33,000 $99,800
2019 $840 $132,800 $33,000 $99,800
2018 $840 $132,800 $33,000 $99,800
2017 $860 $132,800 $33,000 $99,800
2016 $759 $109,500 $33,000 $76,500
2015 $705 $109,500 $33,000 $76,500
2014 $693 $109,500 $33,000 $76,500
Source: Public Records

Agents Affiliated with this Home

  • Eric Villeneuve Real Estate Agent - New Village Real Estate LLC

    Seller's Agent in 2023

    Eric Villeneuve

    New Village Real Estate LLC

    (919) 795-0354

    1 in this area

    117 Total Sales

    Eric Villeneuve
    Section Image

  • LM

    Buyer's Agent in 2023

    Louisa Murray

    Wit Realty LLC

    (910) 616-4377

    1 in this area

    36 Total Sales

    Louisa Murray
    Section Image
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Map

Source: Hive MLS

MLS Number: 100409676

Hive MLS

APN: R07816-003-019-000

North Carolina New Hanover County Wilmington 28412 Arrondale

534 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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