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209 Cathay Rd; Wilmington, NC Property Details

209 Cathay Rd, Wilmington, NC is a Single Family that was built in 1971. This property is currently a cash purchase and is for sale. Our records show that 209 Cathay Rd has 3 bedrooms, and 1.5 bathrooms, and a total of 1,336 square feet. The lot size of 209 Cathay Rd is 13,112 square feet.

On Market for 98 days
209 Cathay Rd Wilmington, NC 28412
$299,000 Listing Price
3 Beds
1.5 Baths
1,336 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1971
  • Purchase Price: $280,000
  • Est. Equity / %: $295,000 / 100%
  • Gross Yield: 7.621%
  • APN: R07913-006-018-000
  • Situs County: New Hanover
  • Length Of Ownership: 2 years, 2 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Good
  • Building Quality: C
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,336/SqFt
  • Lot: 13,112/SqFt
  • Living: 1,336/SqFt
  • Basement: 1,056/SqFt
  • Building: 1,336/SqFt
  • Ground: 1,336/SqFt
  • Basement Finished: 1,056/SqFt
  • Price Per Square Foot: $209.58

Legal Description

  • Description: LOT 85 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: 34.11103 / -77.903465
  • Subdivision: Monterey Heights Sec 1
  • Property Class: Residential
  • Zoning: R-10,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2913
  • Bathroom Fixtures: 9
  • Cooling: Yes
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

209 Cathay Rd has 10 associated Taxes items

209 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 $271,900. The APN we've located for 209 Cathay Rd is R07913-006-018-000.

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Taxes
  • Assessed Value:  $271,900
  • Assessed Year:  2025
  • Assessed County:  New Hanover
  • APN:  R07913-006-018-000
  • Assessed Land Value:  126600
  • Market Land Value:  126600
  • Tax Amount:  1102.83
  • Tax Year:  2025
  • Market Value:  271900
  • Market Year:  2025

Tax History

209 Cathay Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $271,900 Land Value $126,600 Improvement Value $145,300 Tax Amount $1,102.83 Change Rate +0.285425% Assessed CR Tax Rate +0.004056%
Year 2024 Assessed Value $150,100 Land Value $66,900 Improvement Value $83,200 Tax Amount $857.95 Change Rate +0.006901% Assessed CR Tax Rate +0.005716%
Year 2023 Assessed Value $150,100 Land Value $66,900 Improvement Value $83,200 Tax Amount $852.07 Change Rate Assessed CR Tax Rate +0.005677%
Year 2022 Assessed Value $150,100 Land Value $66,900 Improvement Value $83,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $150,100 Land Value $66,900 Improvement Value $83,200 Tax Amount $422.9 Change Rate +0.162835% Assessed CR Tax Rate +0.002817%
Year 2020 Assessed Value $115,000 Land Value $31,000 Improvement Value $84,000 Tax Amount $363.68 Change Rate Assessed CR Tax Rate +0.003162%
Year 2019 Assessed Value $115,000 Land Value $31,000 Improvement Value $84,000 Tax Amount $363.68 Change Rate Assessed CR Tax Rate +0.003162%
Year 2018 Assessed Value $115,000 Land Value $31,000 Improvement Value $84,000 Tax Amount $363.68 Change Rate -0.02318% Assessed CR Tax Rate +0.003162%
Year 2017 Assessed Value $115,000 Land Value $31,000 Improvement Value $84,000 Tax Amount $372.31 Change Rate +0.196523% Assessed CR Tax Rate +0.003237%
Year 2016 Assessed Value $89,800 Land Value $31,000 Improvement Value $58,800 Tax Amount $311.16 Change Rate +0.076082% Assessed CR Tax Rate +0.003465%
Year 2015 Assessed Value $89,800 Land Value $31,000 Improvement Value $58,800 Tax Amount $289.16 Change Rate +0.017381% Assessed CR Tax Rate +0.00322%
Year 2014 Assessed Value $89,800 Land Value $31,000 Improvement Value $58,800 Tax Amount $284.22 Change Rate Assessed CR Tax Rate +0.003165%