NOT LISTED FOR SALE

609 Cathay Rd Wilmington, NC 28412

Arrondale Neighborhood

Estimated Value: $316,000 - $331,000

3 Beds
1.5 Baths
1,372 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2018

Last sale price $172,500 $126 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,830 / mo

11 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Central Air
  • Edwin A. Anderson Elementary School Rated A-
  • Community Playground
  • 1-Story Property

About This Home

As of April 2018

Charming 3 bedroom 1.5 bath in Monterey Heights has been a family home for almost 30 years and has been lovingly restored for it's next family. This single story ranch has 3 bedrooms, 1.5 baths and many updates you won't typically see at this price point. You and your family will love the renovated kitchen with NEW stainless steel appliances, recessed lighting and tile floor. New carpet in living room, fresh paint throughout, new interior and exterior doors PLUS updated bathrooms make this home fully move in ready. Monterey Heights is conveniently located less than 10 minutes away from Carolina Beach and offers a community playground and park. This truly is a great home at a great price! Schedule your showing today.

Last Agent to Sell the Property

Matthew Costin

Coldwell Banker Sea Coast Advantage-Midtown Listed on: 03/15/2018

Last Buyer's Agent

Jay Stokley

Stokley Property Management Inc License #239831

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 14,375 Sq Ft Lot
  • Fenced Yard
  • 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

  • 1,372 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R07816-005-005-000

Community Details

Overview

  • No Home Owners Association
  • Monterey Heights Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 126.82
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1372.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1372.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 18711874.00
  • Lot Acres: 0.33
  • Lot Dimensions: irregular
  • Lot Sq Ft: 14375.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07816-005-005-000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 17, 2018
Sold by
Michael Rose Properties Llc
Bought by
Mangin Katelin E and Mangin Steven B
Seller's Agent
Matthew Costin
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Jay Stokley
Stokley Property Management Inc
List Price
$174,000
Sold Price
$172,500
Premium/Discount to List
-$1,500
-0.86%
Current Estimated Value
$322,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,590
Avg. Annual Appreciation
8.25%
Original Mortgage
$163,875
Outstanding Balance
$140,995
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$183,510

Purchase Details

Listed on
Mar 15, 2018
Closed on
Feb 23, 2018
Sold by
Tootoo Melvin E and Tootoo Jill W
Bought by
Michael Rose Properties Llc
Seller's Agent
Matthew Costin
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Jay Stokley
Stokley Property Management Inc
List Price
$174,000
Sold Price
$172,500
Premium/Discount to List
-$1,500
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,875
Outstanding Balance
$140,995
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$183,510

Purchase Details

Closed on
Nov 1, 1985
Sold by
Casey Kathy P Stump
Bought by
Tootoo Melvin E Jill W

Purchase Details

Closed on
Oct 1, 1977
Bought by
Stump Kathy P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mangin Katelin E $172,500 None Available
Michael Rose Properties Llc $112,000 None Available
Tootoo Melvin E Jill W $46,500 --
Stump Kathy P $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangin Katelin E $163,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $172,500 -0.9% $126 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $174,000 -- $127 / Sq Ft
Source: Hive MLS

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
2025 $1,321 $329,600 $128,900 $200,700
2024 $1,000 $177,200 $68,600 $108,600
2023 $994 $177,200 $68,600 $108,600
2022 $1,003 $177,200 $68,600 $108,600
2021 $0 $177,200 $68,600 $108,600
2020 $861 $136,200 $33,000 $103,200
2019 $861 $136,200 $33,000 $103,200
2018 $861 $136,200 $33,000 $103,200
2017 $882 $136,200 $33,000 $103,200
2016 $763 $110,100 $33,000 $77,100
2015 $709 $110,100 $33,000 $77,100
2014 $697 $110,100 $33,000 $77,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Matthew Costin

    Coldwell Banker Sea Coast Advantage-Midtown

  • J

    Buyer's Agent in 2018

    Jay Stokley

    Stokley Property Management Inc

    (910) 232-1964

    2 in this area

    37 Total Sales

    Jay Stokley
    Section Image

  • J

    Buyer's Agent in 2018

    Jerry Stokley

    RE/MAX

    (910) 777-2751

    10 Total Sales

    Jerry Stokley
    Section Image
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Map

Source: Hive MLS

MLS Number: 100105643

Hive MLS

APN: R07816-005-005-000

North Carolina New Hanover County Wilmington 28412 Arrondale

609 Cathay Rd, Wilmington, NC

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. ©2026 Hive MLS LLC

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