$159,900
SOLD DEC 6, 2019

539 Cathay Rd Wilmington, NC 28412

Arrondale Neighborhood
2 Beds
1 Bath
1,266 Sq Ft
0.47 Acres

Recently Sold

$126 Per Sq Ft

3% Below List Price

79 Days on Market

Highlights

  • No HOA
  • Den
  • Fenced Yard
  • Edwin A. Anderson Elementary School Rated A-
  • Covered patio or porch
  • Laundry Room

About This Home

As of December 2019

Cozy brick ranch on the hill! This home offers an open concept, large kitchen, expansive fenced yard, covered back porch, and roomy master bedroom, with ample closet space. Out of city limits, but still convenient to Carolina beach, shopping, restaurants, and the movie theatre at The Pointe at Barclay. USDA APPROVED!

Last Agent to Sell the Property

Thurston Dawson

Spot Real Estate, LLC Listed on: 08/13/2019

Last Buyer's Agent

Team Archer

Spot Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1977

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 210.3x147.66x132.4x93.3
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Monterey Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07816-006-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,026

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

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: None
  • List Price per Sq Ft: 126.30
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Sq Ft Heated: 1266.00
  • Total Heated Primary Separate Sq Ft: 1266.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Exterior Structures: Storage
  • Fencing: Back Yard, Chain Link
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

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

Association/Amenities

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

Lot Info

  • Deed Page: 2814.00
  • Lot Acres: 0.47
  • Lot Dimensions: 210.3x147.66x132.4x93.3
  • Lot Sq Ft: 20473.00
  • Plat Book: 17
  • Plat Page: 51
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07816-006-008-000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Dec 2, 2019
Sold by
Carlson Shannon L
Bought by
Cagle Della Catherine Teresa
Seller's Agent
Thurston Dawson
Spot Real Estate, LLC
Buyer's Agent
Team Archer
Spot Real Estate, LLC
List Price
$164,900
Sold Price
$159,900
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$291,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,435
Avg. Annual Appreciation
11.23%
Original Mortgage
$8,000
Outstanding Balance
$7,129
Interest Rate
3.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$284,356

Purchase Details

Listed on
Jul 15, 2017
Closed on
Feb 13, 2018
Sold by
Griffith Judy Ratliff
Bought by
Carlson Shannon L
Seller's Agent
Julie Thomas
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
The Domenico Grillo Real Estate Team
Coldwell Banker Sea Coast Advantage
List Price
$149,900
Sold Price
$139,000
Premium/Discount to List
-$10,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$140,404
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2008
Sold by
Griffith Judy Ratliff and Griffith Lowell Dwight
Bought by
Griffith Lowell Dwight and Griffith Judy Ratliff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 1, 1981
Sold by
Tyler George E Sherrie
Bought by
Ratcliff Judy Fosco

Purchase Details

Closed on
Jul 1, 1977
Bought by
Tyler George E Sherrie
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,000 None Available
Warranty Deed $139,000 None Available
Interfamily Deed Transfer -- Accommodation
Deed $36,800 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000 Stand Alone Second
Open $155,103 No Value Available
Previous Owner $140,404 New Conventional
Previous Owner $75,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $159,900 -3.0% $126 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $164,900 +18.6% $130 / Sq Ft
02/15/2018 02/15/18 Sold $139,000 -7.3% $107 / Sq Ft
12/31/2017 12/31/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $149,900 -- $115 / 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 $1,026 $182,300 $77,700 $104,600
2022 $1,029 $182,300 $77,700 $104,600
2021 $1,010 $182,300 $77,700 $104,600
2020 $853 $134,800 $33,000 $101,800
2019 $853 $134,800 $33,000 $101,800
2018 $853 $134,800 $33,000 $101,800
2017 $873 $134,800 $33,000 $101,800
2016 $760 $109,700 $33,000 $76,700
2015 $706 $109,700 $33,000 $76,700
2014 $694 $109,700 $33,000 $76,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Thurston Dawson

    Spot Real Estate, LLC

  • T

    Buyer's Agent in 2019

    Team Archer

    Spot Real Estate, LLC

  • Julie Thomas

    Seller's Agent in 2018

    Julie Thomas

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 256-0021

    2 in this area

    87 Total Sales

    Julie Thomas
    Section Image

  • T

    Buyer's Agent in 2018

    The Domenico Grillo Real Estate Team

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100180252

Hive MLS

APN: R07816-006-008-000

North Carolina New Hanover County Wilmington 28412 Arrondale

539 Cathay Rd, Wilmington, NC

This home is located at 539 Cathay Rd, Wilmington, NC 28412 and is currently priced at $159,900, approximately $126 per square foot. This property was built in 1977. 539 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.

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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. ©2025 Hive MLS LLC

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