Taxes
- Assessed Value: $312,500
- Assessed Year: 2025
- Assessed County: New Hanover
- APN: R07816-003-023-000
- Assessed Land Value: 123300
- Market Land Value: 123300
- Tax Amount: 1256.5
- Tax Year: 2025
- Market Value: 312500
- Market Year: 2025
518 Cathay Rd; Wilmington, NC Property Details
Off market
518 Cathay Rd Wilmington, NC 28412
$312,500 Estimated Value
4 Beds
1.5 Baths
1,404 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1977
- Purchase Price: $117,500
- Open Loans / Balance: 1 / $116,732
- Est. Equity / %: $196,268 / 62.71%
- Gross Yield: 7.016%
- APN: R07816-003-023-000
- Situs County: New Hanover
- Length Of Ownership: 15 years, 1 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
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,404/SqFt
- Lot: 11,892/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: $83.69
Legal Description
- Description: LOT 167 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: 34.109913 / -77.913574
- Subdivision: Monterey Heights Sec 3
- Property Class: Residential
- Zoning: R-10,RESID
- County Use Code: 10
Amenities
- Heating Fuel Type: Electric
- Plus Four: 2920
- Bathroom Fixtures: 9
- Cooling: Yes
- Fireplaces: 1
- Garage: Underground/Basement
- Heating: Central
- Parking: 1
Ownership Info
518 Cathay Rd has no associated ownership info
518 Cathay Rd has no associated ownership info.
Taxes
518 Cathay Rd has 10 associated Taxes items
518 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 $312,500. The APN we've located for 518 Cathay Rd is R07816-003-023-000.
Unlock the full reportTax History
518 Cathay Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $312,500 | Land Value $123,300 | Improvement Value $189,200 | Tax Amount $1,256.5 | Change Rate +0.262345% | Assessed CR | Tax Rate +0.004021% |
| Year 2024 | Assessed Value $176,400 | Land Value $65,100 | Improvement Value $111,300 | Tax Amount $995.37 | Change Rate +0.005942% | Assessed CR | Tax Rate +0.005643% |
| Year 2023 | Assessed Value $176,400 | Land Value $65,100 | Improvement Value $111,300 | Tax Amount $989.49 | Change Rate -0.008835% | Assessed CR | Tax Rate +0.005609% |
| Year 2022 | Assessed Value $176,400 | Land Value $65,100 | Improvement Value $111,300 | Tax Amount $998.31 | Change Rate +0.020986% | Assessed CR | Tax Rate +0.005659% |
| Year 2021 | Assessed Value $176,400 | Land Value $65,100 | Improvement Value $111,300 | Tax Amount $977.79 | Change Rate +0.128397% | Assessed CR | Tax Rate +0.005543% |
| Year 2020 | Assessed Value $137,000 | Land Value $31,000 | Improvement Value $106,000 | Tax Amount $866.53 | Change Rate | Assessed CR | Tax Rate +0.006325% |
| Year 2019 | Assessed Value $137,000 | Land Value $31,000 | Improvement Value $106,000 | Tax Amount $866.53 | Change Rate | Assessed CR | Tax Rate +0.006325% |
| Year 2018 | Assessed Value $137,000 | Land Value $31,000 | Improvement Value $106,000 | Tax Amount $866.53 | Change Rate -0.023166% | Assessed CR | Tax Rate +0.006325% |
| Year 2017 | Assessed Value $137,000 | Land Value $31,000 | Improvement Value $106,000 | Tax Amount $887.08 | Change Rate +0.081119% | Assessed CR | Tax Rate +0.006475% |
| Year 2016 | Assessed Value $118,400 | Land Value $31,000 | Improvement Value $87,400 | Tax Amount $820.52 | Change Rate +0.076092% | Assessed CR | Tax Rate +0.00693% |
| Year 2015 | Assessed Value $118,400 | Land Value $31,000 | Improvement Value $87,400 | Tax Amount $762.5 | Change Rate +0.017372% | Assessed CR | Tax Rate +0.00644% |
| Year 2014 | Assessed Value $118,400 | Land Value $31,000 | Improvement Value $87,400 | Tax Amount $749.48 | Change Rate | Assessed CR | Tax Rate +0.00633% |