Large Location Icon

121 Cathay Rd; Wilmington, NC Property Details

121 Cathay Rd, Wilmington, NC is a Single Family that was built in 1971. This property is currently Financed and is not for sale. Our records show that 121 Cathay Rd has 3 bedrooms, and 1.5 bathrooms, and a total of 1,479 square feet. The lot size of 121 Cathay Rd is 10,367 square feet.

Off market
121 Cathay Rd Wilmington, NC 28412
$112,000 Listing Price
3 Beds
1.5 Baths
1,479 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1971
  • Purchase Price: $133,500
  • Open Loans / Balance: 1 / $105,212
  • Est. Equity / %: $199,788 / 65.5%
  • Gross Yield: 7.401%
  • APN: R07913-005-003-000
  • Situs County: New Hanover
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Good
  • Building Quality: C
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,479/SqFt
  • Lot: 10,367/SqFt
  • Living: 1,479/SqFt
  • Basement: 1,128/SqFt
  • Building: 1,479/SqFt
  • Ground: 1,479/SqFt
  • Basement Finished: 1,128/SqFt
  • Price Per Square Foot: $90.26

Legal Description

  • Description: 7 SEC 1 MONTEREY HEIGHTS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.110977 / -77.902084
  • Subdivision: Monterey Heights Sec 1
  • Property Class: Residential
  • Zoning: R-10,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2911
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

121 Cathay Rd has no associated ownership info
121 Cathay Rd has no associated ownership info.

Taxes

121 Cathay Rd has 10 associated Taxes items

121 Cathay Rd, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $281,100. The APN we've located for 121 Cathay Rd is R07913-005-003-000.

Unlock the full report
Taxes
  • Assessed Value:  $281,100
  • Assessed Year:  2025
  • Assessed County:  New Hanover
  • APN:  R07913-005-003-000
  • Assessed Land Value:  119400
  • Market Land Value:  119400
  • Tax Amount:  1137.65
  • Tax Year:  2025
  • Market Value:  281100
  • Market Year:  2025

Tax History

121 Cathay Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $281,100 Land Value $119,400 Improvement Value $161,700 Tax Amount $1,137.65 Change Rate +0.25856% Assessed CR Tax Rate +0.004047%
Year 2024 Assessed Value $158,900 Land Value $62,800 Improvement Value $96,100 Tax Amount $903.93 Change Rate +0.006548% Assessed CR Tax Rate +0.005689%
Year 2023 Assessed Value $158,900 Land Value $62,800 Improvement Value $96,100 Tax Amount $898.05 Change Rate -0.008775% Assessed CR Tax Rate +0.005652%
Year 2022 Assessed Value $158,900 Land Value $62,800 Improvement Value $96,100 Tax Amount $906 Change Rate +0.027234% Assessed CR Tax Rate +0.005702%
Year 2021 Assessed Value $158,900 Land Value $62,800 Improvement Value $96,100 Tax Amount $881.98 Change Rate +0.067708% Assessed CR Tax Rate +0.005551%
Year 2020 Assessed Value $130,600 Land Value $31,000 Improvement Value $99,600 Tax Amount $826.05 Change Rate +0.038156% Assessed CR Tax Rate +0.006325%
Year 2019 Assessed Value $125,800 Land Value $31,000 Improvement Value $94,800 Tax Amount $795.69 Change Rate Assessed CR Tax Rate +0.006325%
Year 2018 Assessed Value $125,800 Land Value $31,000 Improvement Value $94,800 Tax Amount $795.69 Change Rate -0.023166% Assessed CR Tax Rate +0.006325%
Year 2017 Assessed Value $125,800 Land Value $31,000 Improvement Value $94,800 Tax Amount $814.56 Change Rate -0.004729% Assessed CR Tax Rate +0.006475%
Year 2016 Assessed Value $118,100 Land Value $31,000 Improvement Value $87,100 Tax Amount $818.43 Change Rate +0.076089% Assessed CR Tax Rate +0.00693%
Year 2015 Assessed Value $118,100 Land Value $31,000 Improvement Value $87,100 Tax Amount $760.56 Change Rate +0.017376% Assessed CR Tax Rate +0.00644%
Year 2014 Assessed Value $118,100 Land Value $31,000 Improvement Value $87,100 Tax Amount $747.57 Change Rate Assessed CR Tax Rate +0.00633%