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451 Cathay Rd; Wilmington, NC Property Details

451 Cathay Rd, Wilmington, NC is a Single Family that was built in 1977. This property is currently a cash purchase and is not for sale. Our records show that 451 Cathay Rd has 3 bedrooms, and 1.5 bathrooms, and a total of 1,404 square feet. The lot size of 451 Cathay Rd is 10,019 square feet.

Off market
451 Cathay Rd Wilmington, NC 28412
$308,300 Estimated Value
3 Beds
1.5 Baths
1,404 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Purchase Price: $128,000
  • Est. Equity / %: $303,000 / 100%
  • Gross Yield: 7.909%
  • APN: R07816-001-009-000
  • Situs County: New Hanover
  • Length Of Ownership: 8 years

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: Yes
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,404/SqFt
  • Lot: 10,019/SqFt
  • Living: 1,404/SqFt
  • Basement: 1,404/SqFt
  • Building: 1,404/SqFt
  • Ground: 1,404/SqFt
  • Basement Finished: 1,404/SqFt
  • Price Per Square Foot: $91.17

Legal Description

  • Description: LOT 123 SEC 3 MONTEREY HGTS
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: 34.109665 / -77.911804
  • Subdivision: Monterey Heights Sec 3
  • Property Class: Residential
  • Zoning: R-10,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2919
  • Bathroom Fixtures: 7
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Central

Ownership Info

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

Taxes

451 Cathay Rd has 10 associated Taxes items

451 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 $308,300. The APN we've located for 451 Cathay Rd is R07816-001-009-000.

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Taxes
  • Assessed Value:  $308,300
  • Assessed Year:  2025
  • Assessed County:  New Hanover
  • APN:  R07816-001-009-000
  • Assessed Land Value:  118400
  • Market Land Value:  118400
  • Tax Amount:  1240.6
  • Tax Year:  2025
  • Market Value:  308300
  • Market Year:  2025

Tax History

451 Cathay Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $308,300 Land Value $118,400 Improvement Value $189,900 Tax Amount $1,240.6 Change Rate +0.262273% Assessed CR Tax Rate +0.004024%
Year 2024 Assessed Value $174,000 Land Value $62,300 Improvement Value $111,700 Tax Amount $982.83 Change Rate +0.006019% Assessed CR Tax Rate +0.005648%
Year 2023 Assessed Value $174,000 Land Value $62,300 Improvement Value $111,700 Tax Amount $976.95 Change Rate -0.008827% Assessed CR Tax Rate +0.005615%
Year 2022 Assessed Value $174,000 Land Value $62,300 Improvement Value $111,700 Tax Amount $985.65 Change Rate +0.02177% Assessed CR Tax Rate +0.005665%
Year 2021 Assessed Value $174,000 Land Value $62,300 Improvement Value $111,700 Tax Amount $964.65 Change Rate +0.109201% Assessed CR Tax Rate +0.005544%
Year 2020 Assessed Value $137,500 Land Value $31,000 Improvement Value $106,500 Tax Amount $869.68 Change Rate Assessed CR Tax Rate +0.006325%
Year 2019 Assessed Value $143,600 Land Value $31,000 Improvement Value $112,600 Tax Amount $869.68 Change Rate -0.042487% Assessed CR Tax Rate +0.006056%
Year 2018 Assessed Value $143,600 Land Value $31,000 Improvement Value $112,600 Tax Amount $908.27 Change Rate -0.023166% Assessed CR Tax Rate +0.006325%
Year 2017 Assessed Value $143,600 Land Value $31,000 Improvement Value $112,600 Tax Amount $929.81 Change Rate +0.171798% Assessed CR Tax Rate +0.006475%
Year 2016 Assessed Value $114,500 Land Value $31,000 Improvement Value $83,500 Tax Amount $793.49 Change Rate +0.076094% Assessed CR Tax Rate +0.00693%
Year 2015 Assessed Value $114,500 Land Value $31,000 Improvement Value $83,500 Tax Amount $737.38 Change Rate +0.017371% Assessed CR Tax Rate +0.00644%
Year 2014 Assessed Value $114,500 Land Value $31,000 Improvement Value $83,500 Tax Amount $724.79 Change Rate Assessed CR Tax Rate +0.00633%