OFF MARKET

Off market oct 2024 for $305K

$318,541

Est. refi paymentEst. refi $2,308/mo

•

1,141

sq ft

406 Cathay Rd, Wilmington, NC 28412

About this home

Welcome home to this beautifully updated 3 bed brick ranch centrally located and across the street from serene Monterey Heights Park. The open concept floor plan offers neutral colors throughout, stainless steel appliances and updated fixtures. There's plenty of storage with laundry room and pantry. Have peace of mind knowing the roof and HVAC were replaced in 2018 and hot water heater in 2021. Enjoy the spacious backyard complete with privacy fence and covered porch. Minutes from Carolina Beach, shopping, parks and restaurants!

Single-familyProperty Type

1977Year Built

0.25 acresLot Size

$279Est. Price/Sq.Ft.

1 car garageParking

Listed by Liz Summerlin • Salt and Stone Property Group

Bought with Tyler Broughton • Prosper Real Estate

Redfin checked: a minute ago

•Source:Hive MLS #100463293

Redfin Estimate

$318,541

$14K since sold in October 2024$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.3% higher than the average sale price ($289K) of 6 comparable homes.

SOLD JUL 14, 2026
$305,000
A
3 beds1.5 baths1,102 sq ft
438 Sausalito Dr, Wilmington, NC 28412
SOLD AUG 21, 2026
$320,000
B
3 beds1.5 baths1,399 sq ft
329 Cathay Rd, Wilmington, NC 28412
SOLD MAR 5, 2026
$325,000
C
3 beds1.5 baths1,100 sq ft
146 Presidio Dr, Wilmington, NC 28412
SOLD MAR 13, 2026
$230,000
D
3 beds1.5 baths1,386 sq ft
446 Cathay Rd, Wilmington, NC 28412
SOLD APR 28, 2026
$282,000
E
3 beds1.5 baths1,285 sq ft
210 Cathay Rd, Wilmington, NC 28412
SOLD MAY 26, 2026
$270,500
F
3 beds1.5 baths1,408 sq ft
514 Cathay Rd, Wilmington, NC 28412

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Earn from this home

Sell

$63,172

Est. take-home

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Refinance

Est. cash available

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Rent

$2,188/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

98.3%

+0.1% MoM

Median sale price

$430K

$5K MoM

Avg. days on market

63d

0 days MoM

Recently sold homes

221

33 MoM

New listings for sale

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5 beds3 baths4,262 sq ft
8012 Yellow Daisy Dr, Wilmington, NC 28412
$250,000
2 beds2 baths1,251 sq ft
1620 Honeybee Ln, Wilmington, NC 28412
$815,000
2 beds2.5 baths3,421 sq ft
4040 Passerine Ave, Wilmington, NC 28412
OPEN TODAY, 10AM TO 12PM
$1,287,900
5 beds5 baths5,724 sq ft
208 Dartridge Ct, Wilmington, NC 28412
$269,500
2 beds2 baths1,308 sq ft
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3D WALKTHROUGH
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3 beds2 baths1,876 sq ft
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3D WALKTHROUGH
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3 beds2.5 baths1,982 sq ft
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$530,000
4 beds3.5 baths2,460 sq ft
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See all

Provided by Redfin

Sale history for 406 Cathay Rd

Date

Event

Price

Hive MLS #100463293

Oct 16, 2024

Sold

$305,000

$267/sq ft

Sep 11, 2024

Listed

$303,500

$266/sq ft

Hive MLS #100317596

Mar 20, 2022

Listing Removed

—

Mar 18, 2022

Listed

$255,000

$223/sq ft

Hive MLS #100076842

Sep 15, 2017

Sold

$148,000

$130/sq ft

Aug 10, 2017

Listed

$148,000

$130/sq ft

+15

Take note first time home buyers! Don't miss out on the opportunity to own this 3 bedroom, 2 bath brick, ranch style home. Conveniently located just south of Monkey Junction in the Anderson, Murray, and Ashley school district. This gem boasts an open floor plan with newer counter tops/appliances in the kitchen, and a dining area that leads out to a covered patio surrounded by a fenced in back yard. The owners have recently added a fresh coat of paint and new carpet in all bedrooms. Tile floors in both bathrooms and a solid 'wood look' vinyl floor in the living room, and hallway. It has a 5-ton HVAC unit that has been regularly serviced and energy star double hung vinyl windows throughout. There is also a one car garage! A nice park is located just a short walk away. More pics coming soon.

Hive MLS #30211634

Mar 8, 1999

Sold

$82,000

$72/sq ft

Feb 24, 1997

Listed

$82,590

$72/sq ft

Public Records

Feb 1, 1999

Sold

$82,000

$72/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$638 (−28.9%)

$120,700 + $159,500

$280,200

2024

$898 (+0.7%)

$120,700 + $159,500

$280,200

2023

$892 (−0.9%)

$63,600 + $94,200

$157,800

2022

$900 (+2.8%)

$63,600 + $94,200

$157,800

2021

$876 (+11.9%)

$63,600 + $94,200

$157,800

2020

$783 (+1.1%)

$63,600 + $94,200

$157,800

2019

$774

$31,000 + $92,800

$123,800

2018

$774 (−2.3%)

$31,000 + $91,400

$122,400

2017

$793 (+15.5%)

$31,000 + $91,400

$122,400

2016

$686 (+7.5%)

$31,000 + $91,400

$122,400

2015

$638 (+1.8%)

$31,000 + $68,100

$99,100

2014

$627

$31,000 + $68,100

$99,100

Tax history for 406 Cathay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$638 (−28.9%)

$120,700 + $159,500

$280,200

2024

$898 (+0.7%)

$120,700 + $159,500

$280,200

2023

$892 (−0.9%)

$63,600 + $94,200

$157,800

2022

$900 (+2.8%)

$63,600 + $94,200

$157,800

2021

$876 (+11.9%)

$63,600 + $94,200

$157,800

2020

$783 (+1.1%)

$63,600 + $94,200

$157,800

2019

$774

$31,000 + $92,800

$123,800

2018

$774 (−2.3%)

$31,000 + $91,400

$122,400

2017

$793 (+15.5%)

$31,000 + $91,400

$122,400

2016

$686 (+7.5%)

$31,000 + $91,400

$122,400

2015

$638 (+1.8%)

$31,000 + $68,100

$99,100

2014

$627

$31,000 + $68,100

$99,100

*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

10,877 Sq. Ft.

Year renovated

—

Sq. Ft.

1,073

Year built

1977

Style

Single Family Residential

County

New Hanover County

APN

R07913-002-002-000

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
Has Attached Garage
# of Garage Spaces: 1
Parking Features: Gravel, Garage Door Opener, 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, Ceiling Fan(s)
Window Features: Window Coverings
Appliances: Electric Oven, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Microwave, Electric Water Heater

Room Information
# of Rooms Total: 5
Laundry Features: Laundry Room

Exterior

Exterior Features
Patio And Porch Features: Covered, Patio, Porch
Fencing: Back Yard, Wood, Privacy
Roof: Shingle

Building Information
Sq. Ft.: 1141
Levels: One
Construction Materials: Brick
Foundation Details: Slab

Property Features
Security Features: Smoke Detector(s)
Other Equipment: Air Purifier

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
Road Frontage Type: City Street, State Road
Lot Size : 0.25
Lot Size Dimensions: irreg
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Zoning: R-10

Financial

Tax Information
Tax Annual Amount: $824.51

Utilities

Utility Information
Water Source: Public
Utilities: Sewer Available, Water Available

Location

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

Location Information
Directions: Carolina Beach Road South. Right on Cathay. House on the right across from the park.
Subdivision Name: Monterey Heights

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,073
Stories: 1.0
Lot Size: 10,877 square feet
Style: Single Family Residential
Year Built: 1977
Year Renovated: —
County: New Hanover County
APN: R07913-002-002-000

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 • 0.7mi

7/10

Eugene Ashley High

Public 9-12 • Assigned • 0.7mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 19-29% chance 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

$303,000 – $367,000

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Home values near 406 Cathay Rd

Data from public records.

Address	Redfin Estimate
419 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1325 Sq. Ft.	$292,621
422 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1073 Sq. Ft.	$305,604

Address	Redfin Estimate
410 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1387 Sq. Ft.	$302,554
418 Cathay Road, Wilmington, NC 4 Beds \| 1.5 Baths \| 1433 Sq. Ft.	$333,308

Address	Redfin Estimate
338 Cathay Road, Wilmington, NC 3 Beds \| 1.5 Baths \| 1107 Sq. Ft.	$285,485
334 Cathay Road, Wilmington, NC 3 Beds \| 2 Baths \| 1431 Sq. Ft.	$328,782

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 406 Cathay Rd

Tax history for 406 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 406 Cathay Rd

More real estate resources