SOLD NOV 6, 2025

Off market nov 2025 for $290K

$338,571

Est. refi paymentEst. refi $649/mo

•

1,406

sq ft

206 Cathay Rd, Wilmington, NC 28412

About this home

* * Back on market due to buyer financing - No inspections performed and No fault of seller * * Welcome to this charming brick rancher, perfectly located just outside city limits with no HOA! Only 10 minutes from Carolina Beach and just 5 minutes from local parks, shopping, and dining, this home offers the ideal blend of convenience and relaxed coastal living. Enjoy easy, one-level living with a spacious family room, three comfortable bedrooms, and 1.5 baths. Recent landscaping enhances the curb appeal, while the expansive fully fenced backyard is perfect for gatherings, pets, or play. A brand-new deck invites you to unwind and soak in those crisp fall evenings. Car enthusiasts, hobbyists, or DIYers will love the oversized detached wired garage/workshop—providing endless possibilities for projects, storage, or creative space. Don't miss your chance to own this move-in ready home complete with conveying appliances, a deep freezer, and workbench. With incredible value and location, this home is ready for its new owner—schedule your showing today before it's gone!

Single-familyProperty Type

1971Year Built

0.28 acresLot Size

$241Est. Price/Sq.Ft.

1 car garageParking

Listed by Tidal Realty Partners • REAL Broker LLC

Listed by Ryan Mills • REAL Broker LLC

Bought with Marcia Merkle • Barber Realty Group Inc.

Redfin checked: 2 minutes ago

•Source:Hive MLS #100531229

Redfin Estimate

$338,571

$49K since sold in November 2025$19K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.7% higher than the average sale price ($314K) of 6 comparable homes.

SOLD MAY 11, 2026
$478,000
A
3 beds2 baths1,834 sq ft
912 Rivage Promenade, Wilmington, NC 28412
SOLD AUG 21, 2026
$320,000
B
3 beds1.5 baths1,399 sq ft
329 Cathay Rd, Wilmington, NC 28412
SOLD MAY 26, 2026
$270,500
C
3 beds1.5 baths1,408 sq ft
514 Cathay Rd, Wilmington, NC 28412
SOLD APR 28, 2026
$282,000
D
3 beds1.5 baths1,285 sq ft
210 Cathay Rd, Wilmington, NC 28412
SOLD MAR 13, 2026
$230,000
E
3 beds1.5 baths1,386 sq ft
446 Cathay Rd, Wilmington, NC 28412
SOLD JUL 14, 2026
$305,000
F
3 beds1.5 baths1,102 sq ft
438 Sausalito Dr, Wilmington, NC 28412

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Earn from this home

Sell

$88,052

Est. take-home

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Refinance

Est. cash available

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Rent

$2,345/mo

Redfin rental estimate

List your home for rent

Market trends in 28412, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.2%

+0.1% MoM

Median sale price

$425K

$20K MoM

Avg. days on market

64d

1 days MoM

Recently sold homes

260

12 MoM

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See all

Provided by Redfin

Sale history for 206 Cathay Rd

Date

Event

Price

Hive MLS #100531229

Nov 6, 2025

Sold

$290,000

$206/sq ft

Oct 10, 2025

Pending

—

Oct 8, 2025

Relisted

—

Sep 26, 2025

Pending

—

Sep 18, 2025

Listed

$295,000

$210/sq ft

Hive MLS #30259533

Jul 10, 2002

Sold

$84,000

$60/sq ft

Nov 28, 2001

Listed

$87,900

$63/sq ft

Hive MLS #30253805

Nov 8, 2001

Listing Removed

—

May 6, 2001

Listed

$89,900

$64/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$675 (−30.5%)

$124,800 + $165,800

$290,600

2024

$971 (+0.6%)

$124,800 + $165,800

$290,600

2023

$965 (−0.9%)

$65,900 + $105,900

$171,800

2022

$974 (+2.3%)

$65,900 + $105,900

$171,800

2021

$953 (+16.3%)

$65,900 + $105,900

$171,800

2020

$819

$65,900 + $105,900

$171,800

2019

$819

$31,000 + $98,500

$129,500

2018

$819 (−2.3%)

$31,000 + $98,500

$129,500

2017

$839 (+15.5%)

$31,000 + $98,500

$129,500

2016

$726 (+7.7%)

$31,000 + $98,500

$129,500

2015

$674 (+1.7%)

$31,000 + $73,800

$104,800

2014

$663

$31,000 + $73,800

$104,800

Tax history for 206 Cathay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$675 (−30.5%)

$124,800 + $165,800

$290,600

2024

$971 (+0.6%)

$124,800 + $165,800

$290,600

2023

$965 (−0.9%)

$65,900 + $105,900

$171,800

2022

$974 (+2.3%)

$65,900 + $105,900

$171,800

2021

$953 (+16.3%)

$65,900 + $105,900

$171,800

2020

$819

$65,900 + $105,900

$171,800

2019

$819

$31,000 + $98,500

$129,500

2018

$819 (−2.3%)

$31,000 + $98,500

$129,500

2017

$839 (+15.5%)

$31,000 + $98,500

$129,500

2016

$726 (+7.7%)

$31,000 + $98,500

$129,500

2015

$674 (+1.7%)

$31,000 + $73,800

$104,800

2014

$663

$31,000 + $73,800

$104,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

0.29 Acres

Year renovated

1977

Sq. Ft.

1,407

Year built

1971

Style

Single Family Residential

County

New Hanover County

APN

R07913-004-004-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 23, 2026.

R-10

Residential-10 District

The purpose of the Residential-10 (R-10) District is to provide lands that accommodate new residential neighborhoods and encourage the conservation of existing residential lots and neighborhoods. Neighborhoods in the R-10 District are relatively low density in character and include a limited mix of single family and duplex housing types. If public water is not available, the water system infrastructure must be installed in accordance with County standards and connected when a public supply becomes available. R-10 district lands may be established in proximity to neighborhood or community commercial districts to encourage the establishment of walkable development patterns.

Property details

Parking

Parking/Garage Information
# of Parking Spaces Total: 1
Has Garage
# of Garage Spaces: 1
# of Open Parking Spaces: 3
Parking Features: Gravel, Concrete, Off Street

Interior

Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Electric, Heat Pump

Interior Features
Interior Features: Ceiling Fan(s)
Window Features: Window Coverings
Furnished: Unfurnished
Appliances: Electric Oven, Washer, Refrigerator, Dryer, Electric Water Heater
Flooring: Laminate, Tile
Fireplace Features: None

Room Information
# of Rooms Total: 9
Laundry Features: Washer Hookup, Laundry Room
Basement Details: None

Exterior

Exterior Features
Exterior Features: None
Patio And Porch Features: Deck
Fencing: Full, Back Yard, Wood
Roof: Metal, Shingle

Pool Information
Pool Features: None

Building Information
Sq. Ft.: 1406
Levels: One
Construction Materials: Brick Veneer, Vinyl Siding
Has Home Warranty
Foundation Details: Slab

Property Features
Other Structures: See Remarks, Workshop

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence

Lot Information
Lot Features: Interior Lot
Road Frontage Type: City Street, State Road
Lot Size : 0.28
Lot Size Dimensions: 70 x 146 x 92 x 167
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Zoning: R-10

Financial

Tax Information
Tax Annual Amount: $1,099.93

Utilities

Utility Information
Water Source: Public
Utilities: Water Connected
Sewer: Septic Tank

Location

HOA Information
Association Amenities: None

Schools Information
Elementary School: Anderson
Middle Or Junior School: Murray
High School District: New Hanover
High School: Ashley

Location Information
Directions: 132 South to Monkey Junction, Continue on Carolina Beach Road South, Make a right on Cathay Road, House on right
Subdivision Name: Monterey Heights

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,407
Stories: 1.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1977
County: New Hanover County
APN: R07913-004-004-000

Home facts updated by county records on Sep 23, 2026

Other

Listing Information
List AOR: Cape Fear Realtors MLS, Inc.

Around this home

Schools

Heyward C Bellamy Elementary

Public K-5 • Assigned • 0.9mi

10/10

Charles P Murray Middle

Public 6-8 • Assigned • 0.8mi

7/10

Eugene Ashley High

Public 9-12 • Assigned • 0.9mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 106° expected this year, 19 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Wilmington, NC • 28412

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 5.7 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$322,000 – $390,000

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Home values near 206 Cathay Rd

Data from public records.

Address	Redfin Estimate
126 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1386 Sq. Ft.	$340,143
210 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1285 Sq. Ft.	$327,423

Address	Redfin Estimate
122 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1289 Sq. Ft.	$296,237
218 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1395 Sq. Ft.	$332,659

Address	Redfin Estimate
214 Cathay Road, Wilmington, NC 4 Beds \| 1.5 Baths \| 1320 Sq. Ft.	$303,358
202 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1353 Sq. Ft.	$281,064

Property information provided by Hive MLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28412, NC

Sale history for 206 Cathay Rd

Tax history for 206 Cathay Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28412

Home values near 206 Cathay Rd

More real estate resources