Off market sep 2021 for $165K

$271,054

Est. refi paymentEst. refi $1,251/mo

•

1,035

sq ft

306 Cathay Rd, Wilmington, NC 28412

About this home

Single-familyProperty Type

1971Year Built

10,454 sq ftLot Size

$262Est. Price/Sq.Ft.

2 spacesParking

Listed by Nathan Pelsh • Bryant Real Estate

Bought with Nathan Pelsh • Bryant Real Estate

Redfin checked: a few seconds ago

•Source:Hive MLS #100276374

Redfin Estimate

$271,054

$106K since sold in September 2021$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.7% lower than the average sale price ($304K) 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 JUL 14, 2026
$305,000
B
3 beds1.5 baths1,102 sq ft
438 Sausalito Dr, Wilmington, NC 28412
SOLD APR 28, 2026
$282,000
C
3 beds1.5 baths1,285 sq ft
210 Cathay Rd, Wilmington, NC 28412
SOLD OCT 14, 2026
$359,000
D
3 beds2 baths1,278 sq ft
6309 Iverstone Ct, Wilmington, NC 28409
SOLD MAR 5, 2026
$325,000
E
3 beds1.5 baths1,100 sq ft
146 Presidio Dr, Wilmington, NC 28412
SOLD MAR 13, 2026
$230,000
F
3 beds1.5 baths1,386 sq ft
446 Cathay Rd, Wilmington, NC 28412

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Earn from this home

Sell

$134,411

Est. take-home

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Est. cash available

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Rent

$2,157/mo

Redfin rental estimate

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Market trends in 28412, NC

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.2%

0.1% MoM

Median sale price

$420K

$10K MoM

Avg. days on market

65d

2 days MoM

Recently sold homes

196

23 MoM

New listings for sale

NEW 3 HRS AGO
$789,000
3 beds3 baths2,745 sq ft
6214 Motts Village Rd, Wilmington, NC 28412
NEW 20 HRS AGO
$269,000
2 beds2 baths1,355 sq ft
202 Fullford Ln Unit 201, Wilmington, NC 28412
OPEN SUN, 11AM TO 2PM
$420,000
2 beds2 baths1,365 sq ft
3934 Floating Bridge Trl, Wilmington, NC 28412
$330,000
3 beds2 baths1,565 sq ft
425 Capeside Dr, Wilmington, NC 28412
OPEN SUN, 12PM TO 2PM
$425,000
3 beds2 baths2,057 sq ft
7810 Trap Way, Wilmington, NC 28412
3D WALKTHROUGH
$237,000
2 beds2 baths950 sq ft
127 Longstreet Dr Apt 104, Wilmington, NC 28412
$195,000
3 beds2 baths1,048 sq ft
2732 S 17th St Unit C, Wilmington, NC 28412
$280,000
3 beds2 baths1,352 sq ft
6474 Bradbury Ct, Wilmington, NC 28412
OPEN SUN, 11AM TO 1PM
$495,000
3 beds2 baths1,667 sq ft
3158 Laughing Gull Ter, Wilmington, NC 28412
$437,000
2 beds2 baths1,345 sq ft
5980 Moonshell Loop, Wilmington, NC 28412
See all

Provided by Redfin

Sale history for 306 Cathay Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,007 (+64.7%)

$119,400 + $127,100

$246,500

2025

$611 (−26.7%)

$119,400 + $127,100

$246,500

2024

$834 (+3.1%)

$119,400 + $127,100

$246,500

2021

$809 (+10.8%)

$62,800 + $82,700

$145,500

2020

$730

$62,800 + $82,700

$145,500

2019

$730

$31,000 + $84,400

$115,400

2018

$730 (−2.3%)

$31,000 + $84,400

$115,400

2017

$747 (+13.7%)

$31,000 + $84,400

$115,400

2016

$657 (+7.5%)

$31,000 + $84,400

$115,400

2015

$611 (+1.8%)

$31,000 + $63,900

$94,900

2014

$600

$31,000 + $63,900

$94,900

Tax history for 306 Cathay Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,007 (+64.7%)

$119,400 + $127,100

$246,500

2025

$611 (−26.7%)

$119,400 + $127,100

$246,500

2024

$834 (+3.1%)

$119,400 + $127,100

$246,500

2021

$809 (+10.8%)

$62,800 + $82,700

$145,500

2020

$730

$62,800 + $82,700

$145,500

2019

$730

$31,000 + $84,400

$115,400

2018

$730 (−2.3%)

$31,000 + $84,400

$115,400

2017

$747 (+13.7%)

$31,000 + $84,400

$115,400

2016

$657 (+7.5%)

$31,000 + $84,400

$115,400

2015

$611 (+1.8%)

$31,000 + $63,900

$94,900

2014

$600

$31,000 + $63,900

$94,900

*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

10,385 Sq. Ft.

Year renovated

—

Sq. Ft.

1,035

Year built

1971

Style

Single Family Residential

County

New Hanover County

APN

R07913-002-013-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 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 Open Parking Spaces: 2
Parking Features: Paved

Interior

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

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

Interior Features
Interior Features: Master Downstairs
Appliances: Refrigerator, Microwave

Room Information
# of Rooms Total: 6
Basement Details: None

Exterior

Exterior Features
Exterior Features: None
Patio And Porch Features: Covered, Porch
Fencing: Partial
Roof: Shingle

Pool Information
Pool Features: None

Building Information
Sq. Ft.: 1035
Levels: One
Construction Materials: Brick Veneer
Foundation Details: Slab

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

Lot Information
Road Surface Type: Paved
Lot Size : 0.24
Lot Size Dimensions: 124 x 89 x 74 x 129
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Zoning: R-10

Financial

Tax Information
Tax Annual Amount: $729.91

Utilities

Utility Information
Water Source: Public
Utilities: Water Available, See Remarks
Sewer: Septic Tank

Location

HOA Information
Association Amenities: None

Location Information
Directions: South on S. College Road. Turn right onto Cathay Road. House on right.
Subdivision Name: Monterey Heights

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,035
Stories: 1.0
Lot Size: 10,385 square feet
Style: Single Family Residential
Year Built: 1971
Year Renovated: —
County: New Hanover County
APN: R07913-002-013-000

Home facts updated by county records on Oct 19, 2026

Other

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

Around this home

Schools

K - 12
Preschool & daycare

Heyward C Bellamy Elementary

Public K-5 • Assigned • 0.9mi

10/10

Charles P Murray Middle

Public 6-8 • Assigned • 0.7mi

7/10

Eugene Ashley High

Public 9-12 • Assigned • 0.8mi

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)

53°

34°

58°

39°

71°

50°

77°

58°

81°

65°

89°

73°

91°

76°

85°

72°

81°

67°

73°

57°

69°

50°

59°

40°

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

$258,000 – $312,000

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New listings for sale in 28412

NEW 3 HRS AGO

$789,000

3 beds3 baths2,745 sq ft

6214 Motts Village Rd, Wilmington, NC 28412

Generously sized lot • 0.28 acre lot • 2 garage spots

NEW 20 HRS AGO

$269,000

2 beds2 baths1,355 sq ft

202 Fullford Ln Unit 201, Wilmington, NC 28412

Private bath • Double vanities • Open floor plan

OPEN SUN, 11AM TO 2PM

$420,000

2 beds2 baths1,365 sq ft

3934 Floating Bridge Trl, Wilmington, NC 28412

Screened in porch • Indoor pool • Outdoor pool

$330,000

3 beds2 baths1,565 sq ft

425 Capeside Dr, Wilmington, NC 28412

Carolina beach • Open floor plan • Sunlit living area

OPEN SUN, 12PM TO 2PM3D WALKTHROUGH

$425,000

3 beds2 baths2,057 sq ft

7810 Trap Way, Wilmington, NC 28412

Clubhouse • 6,229 sq ft lot • 2 garage spots

3D WALKTHROUGH

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2 beds2 baths950 sq ft

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Updated kitchen • Pass-through window • Split bedroom layout

$195,000

3 beds2 baths1,048 sq ft

2732 S 17th St Unit C, Wilmington, NC 28412

New hvac • Fresh interior paint • Granite countertops

$280,000

3 beds2 baths1,352 sq ft

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End unit townhome • Split bedroom layout • Delightful sunroom

OPEN SUN, 11AM TO 1PM

$495,000

3 beds2 baths1,667 sq ft

3158 Laughing Gull Ter, Wilmington, NC 28412

Hardwood floors • Open-concept layout • Natural light

Home values near 306 Cathay Rd

Data from public records.

Address	Redfin Estimate
314 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1386 Sq. Ft.	$304,431
321 Cathay Road, Wilmington, NC 4 Beds \| 1.5 Baths \| 1330 Sq. Ft.	$236,439
305 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1368 Sq. Ft.	$319,040
305 Burbank Road, Wilmington, NC 3 Beds \| 2 Baths \| 1386 Sq. Ft.	$335,775
314 Burbank Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 946 Sq. Ft.	$287,510
306 Burbank Road, Wilmington, NC 3 Beds \| 1 Baths \| 960 Sq. Ft.	$289,584
233 Burbank Road, Wilmington, NC 4 Beds \| 1.5 Baths \| 1346 Sq. Ft.	$299,592

Address	Redfin Estimate
310 Cathay Road, Wilmington, NC 3 Beds \| 2 Baths \| 1300 Sq. Ft.	$312,794
317 Cathay Road, Wilmington, NC 3 Beds \| 2.5 Baths \| 1495 Sq. Ft.	$303,308
309 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1362 Sq. Ft.	$282,749
310 Burbank Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1150 Sq. Ft.	$289,619
317 Burbank Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1375 Sq. Ft.	$295,822
313 Burbank Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1107 Sq. Ft.	$304,955
237 Burbank Road, Wilmington, NC 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$274,707

Address	Redfin Estimate
313 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1379 Sq. Ft.	$285,237
318 Cathay Road, Wilmington, NC 4 Beds \| 1 Baths \| 1400 Sq. Ft.	$241,402
317 Cathay, Wilmington, NC 5 Beds \| 2.5 Baths \| 1472 Sq. Ft.	$289,770
321 Burbank Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1075 Sq. Ft.	$279,003
309 Burbank Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1026 Sq. Ft.	$275,377
302 Burbank Road, Wilmington, NC 4 Beds \| 2 Baths \| 1725 Sq. Ft.	$358,480
322 Ventura Drive, Wilmington, NC 3 Beds \| - Baths \| 1000 Sq. Ft.	$265,386

Property information provided by Hive MLS when last listed in 2021. 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 306 Cathay Rd

Tax history for 306 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 306 Cathay Rd

More real estate resources