OFF MARKET

Off market oct 2024 for $315K

$332,659

Est. refi paymentEst. refi $2,424/mo

•

1,395

sq ft

218 Cathay Rd, Wilmington, NC 28412

About this home

This spacious, cozy, well loved brick ranch is set perfectly on an expansive, private corner lot! Circular drive w/ mature landscaping provides a welcoming start upon the first visit to your new home. Interior features include bright living room plus charming den with wood paneling & fireplace. Kitchen has updated countertops and plenty of prep space for a feast. Wood & LVP flooring throughout living area and bedrooms. Separate mud room. Step outside onto the oversized covered veranda to the view of a gardeners dream and the perfect relaxation spot to spend time with family and friends. Additional exterior features include extended drive into backyard oversized 2 car carport with built in storage, 2 sheds, plus raised garden beds. Newer metal roof, low county taxes, no HOA, only minutes from the beach and shopping! Perfect for first home, retirement or long term investment. Move in ready, awaiting your own personal touches!

Single-familyProperty Type

1971Year Built

0.38 acresLot Size

$238Est. Price/Sq.Ft.

2 spacesParking

Listed by Alexis Lunsford • Keller Williams Innovate-Wilmington

Bought with Sulmy Castro • The Saltwater Agency LLC

Redfin checked: a minute ago

•Source:Hive MLS #100462781

Redfin Estimate

$332,659

$18K since sold in October 2024$8,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.5% lower than the average sale price ($334K) of 6 comparable homes.

SOLD AUG 21, 2026
$320,000
A
3 beds1.5 baths1,399 sq ft
329 Cathay Rd, Wilmington, NC 28412
SOLD AUG 17, 2026
$418,000
B
3 beds2 baths1,351 sq ft
6301 Evanston Ct, Wilmington, NC 28412
SOLD SEP 2, 2026
$275,000
C
3 beds1.5 baths1,035 sq ft
214 Santa Ana Dr, Wilmington, NC 28412
SOLD MAY 26, 2026
$270,500
D
3 beds1.5 baths1,408 sq ft
514 Cathay Rd, Wilmington, NC 28412
SOLD AUG 7, 2026
$297,000
E
3 beds1.5 baths1,162 sq ft
225 Angel Island Rd, Wilmington, NC 28412
SOLD JUL 27, 2026
$425,000
F
3 beds2 baths1,506 sq ft
6303 Welmont Dr, Wilmington, NC 28412

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Earn from this home

Sell

$68,480

Est. take-home

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Refinance

Est. cash available

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Rent

$2,372/mo

Redfin rental estimate

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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

New listings for sale

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NEW 17 HRS AGO
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3 beds3 baths2,715 sq ft
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NEW 34 HRS AGO
$645,000
3 beds2.5 baths1,739 sq ft
162 Dugger Ln, Wilmington, NC 28412
OPEN TODAY, 11AM TO 1PM
$269,500
2 beds2 baths949 sq ft
3781 Merestone Dr, Wilmington, NC 28412
OPEN TODAY, 10AM TO 12PM
$339,000
3 beds2 baths1,351 sq ft
305 Hedingham Ln, Wilmington, NC 28412
OPEN TODAY, 12PM TO 3PM
$527,000
3 beds2 baths2,421 sq ft
705 Sea Castle Ct, Wilmington, NC 28412
OPEN TODAY, 10AM TO 1PM
$569,500
4 beds2.5 baths2,655 sq ft
3506 Awendaw Ct, Wilmington, NC 28412
OPEN TODAY, 1PM TO 3PM
$549,000
2 beds2 baths1,801 sq ft
3205 Laughing Gull Ter, Wilmington, NC 28412
$279,000
2 beds2 baths1,415 sq ft
3907 Botsford Ct Unit 204, Wilmington, NC 28412
See all

Provided by Redfin

Sale history for 218 Cathay Rd

Date

Event

Price

Hive MLS #100462781

Oct 7, 2024

Sold

$315,000

$226/sq ft

Aug 29, 2024

Listed

$315,000

$226/sq ft

Hive MLS #30448522

Dec 3, 2010

Sold

$85,000

$61/sq ft

May 1, 2010

Listed

$95,000

$68/sq ft

This house is a great investment opportunity or ideal for first time home buyer. 3 bedrooms, 2 baths brick home 5 minutes ride to Carolina Beach. New vinyl windows DP-50 throughout the house, new hardwood floors in living room, master bedroom and hallway, the garage has been closed in and features a wood burning stove and laminate wood floors. Spacious kitchen and partially remodeled bathrooms. Double carport with cement floor and tin roof built in 2008.All offers are subject to lender approval.

Hive MLS #30311068

Dec 31, 2003

Listing Removed

—

Dec 30, 2002

Listed

$99,000

$71/sq ft

Public Records

Oct 1, 1988

Sold

$47,500

$34/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$869 (−17.5%)

$133,400 + $199,700

$333,100

2024

$1,053 (+0.6%)

$133,400 + $199,700

$333,100

2023

$1,047 (−0.9%)

$72,200 + $115,300

$187,500

2022

$1,057 (+1.8%)

$72,200 + $115,300

$187,500

2021

$1,039 (+10.2%)

$72,200 + $115,300

$187,500

2020

$942

$72,200 + $115,300

$187,500

2019

$942

$33,000 + $116,000

$149,000

2018

$942 (−2.3%)

$33,000 + $116,000

$149,000

2017

$965 (+3.2%)

$33,000 + $116,000

$149,000

2016

$935 (+7.6%)

$33,000 + $116,000

$149,000

2015

$869 (+1.8%)

$33,000 + $102,000

$135,000

2014

$854

$33,000 + $102,000

$135,000

Tax history for 218 Cathay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$869 (−17.5%)

$133,400 + $199,700

$333,100

2024

$1,053 (+0.6%)

$133,400 + $199,700

$333,100

2023

$1,047 (−0.9%)

$72,200 + $115,300

$187,500

2022

$1,057 (+1.8%)

$72,200 + $115,300

$187,500

2021

$1,039 (+10.2%)

$72,200 + $115,300

$187,500

2020

$942

$72,200 + $115,300

$187,500

2019

$942

$33,000 + $116,000

$149,000

2018

$942 (−2.3%)

$33,000 + $116,000

$149,000

2017

$965 (+3.2%)

$33,000 + $116,000

$149,000

2016

$935 (+7.6%)

$33,000 + $116,000

$149,000

2015

$869 (+1.8%)

$33,000 + $102,000

$135,000

2014

$854

$33,000 + $102,000

$135,000

*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

0.38 Acres

Year renovated

1980

Sq. Ft.

1,458

Year built

1971

Style

Single Family Residential

County

New Hanover County

APN

R07913-004-001-000

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
Has Carport
# of Carport Spaces: 2
Parking Features: Circular Driveway, Detached, Additional Parking, Concrete, Off Street, On Site
Other Parking: Circular Drive

Interior

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

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

Interior Features
Interior Features: Master Downstairs
Furnished: Unfurnished
Appliances: Electric Oven, Washer, Refrigerator, Dryer, Electric Water Heater
Flooring: Vinyl, Wood

Room Information
# of Rooms Total: 7
Laundry Features: Laundry Room

Exterior

Exterior Features
Patio And Porch Features: Covered, Deck, Patio, Porch
Fencing: Back Yard
Roof: Metal

Building Information
Sq. Ft.: 1395
Levels: One
Construction Materials: Brick Veneer
Foundation Details: Slab

Property Features
Other Structures: Shed(s)

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

Lot Information
Lot Features: Corner Lot
Road Frontage Type: City Street, State Road
Lot Size : 0.38
Lot Size Dimensions: 76 x 106 x 33 x 146 x 173 buyer to verify
Lot Size Area: 0.38
Lot Size Units: Acres
Lot Size Acres: 0.38
Zoning: R-10

Financial

Tax Information
Tax Annual Amount: $979.69

Utilities

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

Location

HOA Information
Association Amenities: None

Schools Information
Elementary School: Bellamy
Middle Or Junior School: Murray
High School: Ashley

Location Information
Directions: S. College Road - continue S. on Carolina Beach Road, Turn right onto Cathay Road, Home will be on the right.
Subdivision Name: Monterey Heights

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,458
Stories: 1.0
Lot Size: 0.38 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1980
County: New Hanover County
APN: R07913-004-001-000

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, 20 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

$317,000 – $383,000

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Home values near 218 Cathay Rd

Data from public records.

Address	Redfin Estimate
214 Cathay Road, Wilmington, NC 4 Beds \| 1.5 Baths \| 1320 Sq. Ft.	$303,358
206 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1406 Sq. Ft.	$338,571

Address	Redfin Estimate
210 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1285 Sq. Ft.	$327,423
209 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1336 Sq. Ft.	$292,398

Address	Redfin Estimate
202 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1353 Sq. Ft.	$281,064
221 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1072 Sq. Ft.	$216,749

Property information provided by Hive MLS when last listed in 2024. 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 218 Cathay Rd

Tax history for 218 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 218 Cathay Rd

More real estate resources