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418 Cathay Rd; Wilmington, NC Property Details

418 Cathay Rd, Wilmington, NC is a Single Family that was built in 1977. This property is currently Financed and is not for sale. Our records show that 418 Cathay Rd has 4 bedrooms, and 1.5 bathrooms, and a total of 1,433 square feet. The lot size of 418 Cathay Rd is 12,458 square feet.

Off market  •   Pre Probate ✓
418 Cathay Rd Wilmington, NC 28412
$235,000 Listing Price
4 Beds
1.5 Baths
1,433 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Purchase Price: $235,000
  • Open Loans / Balance: 1 / $251,978
  • Est. Equity / %: $40,022 / 13.71%
  • Gross Yield: 7.697%
  • APN: R07816-002-002-000
  • Situs County: New Hanover
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 4
  • 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

Measurements

  • Total: 1,433/SqFt
  • Lot: 12,458/SqFt
  • Living: 1,433/SqFt
  • Basement: 1,433/SqFt
  • Building: 1,433/SqFt
  • Ground: 1,433/SqFt
  • Basement Finished: 1,433/SqFt
  • Price Per Square Foot: $163.99

Legal Description

  • Description: SEC 2 109 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: 34.110096 / -77.91001
  • Subdivision: Monterey Heights Sec 2
  • Property Class: Residential
  • Zoning: R-10,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2918
  • Bathroom Fixtures: 9
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Central

Ownership Info

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

Taxes

418 Cathay Rd has 10 associated Taxes items

418 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 $324,700. The APN we've located for 418 Cathay Rd is R07816-002-002-000.

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Taxes
  • Assessed Value:  $324,700
  • Assessed Year:  2025
  • Assessed County:  New Hanover
  • APN:  R07816-002-002-000
  • Assessed Land Value:  124900
  • Market Land Value:  124900
  • Tax Amount:  1302.68
  • Tax Year:  2025
  • Market Value:  324700
  • Market Year:  2025

Tax History

418 Cathay Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $324,700 Land Value $124,900 Improvement Value $199,800 Tax Amount $1,302.68 Change Rate +0.247826% Assessed CR Tax Rate +0.004012%
Year 2024 Assessed Value $185,700 Land Value $66,000 Improvement Value $119,700 Tax Amount $1,043.96 Change Rate +0.005664% Assessed CR Tax Rate +0.005622%
Year 2023 Assessed Value $185,700 Land Value $66,000 Improvement Value $119,700 Tax Amount $1,038.08 Change Rate -0.00887% Assessed CR Tax Rate +0.00559%
Year 2022 Assessed Value $185,700 Land Value $66,000 Improvement Value $119,700 Tax Amount $1,047.37 Change Rate +0.018149% Assessed CR Tax Rate +0.00564%
Year 2021 Assessed Value $185,700 Land Value $66,000 Improvement Value $119,700 Tax Amount $1,028.7 Change Rate +0.107904% Assessed CR Tax Rate +0.00554%
Year 2020 Assessed Value $146,800 Land Value $31,000 Improvement Value $115,800 Tax Amount $928.51 Change Rate +0.025853% Assessed CR Tax Rate +0.006325%
Year 2019 Assessed Value $143,100 Land Value $31,000 Improvement Value $112,100 Tax Amount $905.11 Change Rate Assessed CR Tax Rate +0.006325%
Year 2018 Assessed Value $143,100 Land Value $31,000 Improvement Value $112,100 Tax Amount $905.11 Change Rate -0.023161% Assessed CR Tax Rate +0.006325%
Year 2017 Assessed Value $143,100 Land Value $31,000 Improvement Value $112,100 Tax Amount $926.57 Change Rate +0.179037% Assessed CR Tax Rate +0.006475%
Year 2016 Assessed Value $113,400 Land Value $31,000 Improvement Value $82,400 Tax Amount $785.87 Change Rate +0.076092% Assessed CR Tax Rate +0.00693%
Year 2015 Assessed Value $113,400 Land Value $31,000 Improvement Value $82,400 Tax Amount $730.3 Change Rate +0.017372% Assessed CR Tax Rate +0.00644%
Year 2014 Assessed Value $113,400 Land Value $31,000 Improvement Value $82,400 Tax Amount $717.83 Change Rate Assessed CR Tax Rate +0.00633%