OFF MARKET

Off market aug 2021 for $218K

$304,628

Est. refi paymentEst. refi $1,988/mo

•

1,381

sq ft

431 Cathay Rd, Wilmington, NC 28412

About this home

Looking for a three bedroom, bath and a half home without a HOA? No city taxes either! This home offers a bonus room that is perfect for a den or tv room and a sunroom, A large laundry room, wood floors, privacy fence in back yard, dog door with a separate run from the rest of the yard , beautiful tile backsplash , recently purchased appliances that will convey with the home, located near the neighborhood park and conveniently situated on a high lot are only a few of the added features of this ready to move into home. Monterey Heights is located near Monkey Junction, which offers shopping, dining, Wal-Mart, Lowe's, Home Depot, medical and dental facilities , schools, and the very best attraction of all- the beach. Carolina and Kure Beaches are just minutes away from this home. Enjoy fireworks, music, restaurants, Sunday family movies night at the Carolina Beach Lake, the North Carolina Aquarium, Fort Fisher Historic Battlefield, and of course- you must have a donut or two from the best donut shop in the world- Britt's Donut! After a day at the beach, you can return home for cookouts with family and friends in your private backyard. ! This home is perfect for the first time home buyer, a beach getaway, or someone looking to downsize from a large home. Take a look!!

Single-familyProperty Type

1978Year Built

8,464 sq ftLot Size

$221Est. Price/Sq.Ft.

2 spacesParking

Listed by Sherri Pridgen • Coldwell Banker Sea Coast Advantage-CB

Bought with Heather O'Sullivan OSullivan • Coldwell Banker Sea Coast Advantage

Bought with Paul Allsup • Coldwell Banker Sea Coast Advantage-Midtown

Redfin checked: 2 minutes ago

•Source:Hive MLS #100267426

Redfin Estimate

$304,628

$87K since sold in August 2021$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.8% higher than the average sale price ($280K) of 5 comparable homes.

SOLD AUG 21, 2026
$320,000
A
3 beds1.5 baths1,399 sq ft
329 Cathay Rd, Wilmington, NC 28412
SOLD MAR 13, 2026
$230,000
B
3 beds1.5 baths1,386 sq ft
446 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 JUL 14, 2026
$305,000
D
3 beds1.5 baths1,102 sq ft
438 Sausalito Dr, Wilmington, NC 28412
SOLD SEP 2, 2026
$275,000
E
3 beds1.5 baths1,035 sq ft
214 Santa Ana Dr, Wilmington, NC 28412

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Earn from this home

Sell

$128,058

Est. take-home

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Refinance

Est. cash available

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Rent

$2,348/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

NEW 52 MINS AGO
$594,000
3 beds3.5 baths2,388 sq ft
708 Trisail Ter, Wilmington, NC 28412
NEW 7 HRS AGO
$559,900
4 beds3 baths2,021 sq ft
620 The Cape Blvd, Wilmington, NC 28412
OPEN SAT, 12PM TO 2PM
$515,000
4 beds3.5 baths2,439 sq ft
3751 Spicetree Dr, Wilmington, NC 28412
VIDEO TOUR
110 Pitch Pine Ct, Wilmington, NC 28412
$479,900
3 beds2.5 baths1,934 sq ft
110 Pitch Pine Ct, Wilmington, NC 28412
$274,500
3 beds2 baths1,146 sq ft
1248 Shipyard Blvd, Wilmington, NC 28412
VIDEO TOUR
$2,499,000
4 beds4.5 baths9,430 sq ft
137 Trombay Dr, Wilmington, NC 28412
$382,000
3 beds2 baths1,988 sq ft
3202 College Rd, Wilmington, NC 28412
$242,000
2 beds2 baths973 sq ft
210 Hibiscus Way, Wilmington, NC 28412
$525,000
3 beds2 baths2,098 sq ft
620 Mcginnis Ln, Wilmington, NC 28412
$370,000
3 beds2 baths1,313 sq ft
3801 Habberline St, Wilmington, NC 28412
See all

Provided by Redfin

Sale history for 431 Cathay Rd

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Year

Property tax

Land + Additions

Assessment*

2025

$685 (−27.6%)

$125,100 + $162,800

$287,900

2024

$947 (+0.6%)

$125,100 + $162,800

$287,900

2023

$941 (−0.9%)

$66,100 + $101,000

$167,100

2022

$949 (+14.4%)

$66,100 + $101,000

$167,100

2020

$830

$66,100 + $101,000

$167,100

2019

$830

$31,000 + $100,200

$131,200

2018

$830 (−2.3%)

$31,000 + $100,200

$131,200

2017

$850 (+15.3%)

$31,000 + $100,200

$131,200

2016

$737 (+7.6%)

$31,000 + $100,200

$131,200

2015

$685 (+1.8%)

$31,000 + $75,400

$106,400

2014

$673

$31,000 + $75,400

$106,400

Tax history for 431 Cathay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$685 (−27.6%)

$125,100 + $162,800

$287,900

2024

$947 (+0.6%)

$125,100 + $162,800

$287,900

2023

$941 (−0.9%)

$66,100 + $101,000

$167,100

2022

$949 (+14.4%)

$66,100 + $101,000

$167,100

2020

$830

$66,100 + $101,000

$167,100

2019

$830

$31,000 + $100,200

$131,200

2018

$830 (−2.3%)

$31,000 + $100,200

$131,200

2017

$850 (+15.3%)

$31,000 + $100,200

$131,200

2016

$737 (+7.6%)

$31,000 + $100,200

$131,200

2015

$685 (+1.8%)

$31,000 + $75,400

$106,400

2014

$673

$31,000 + $75,400

$106,400

*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

—

Sq. Ft.

1,401

Year built

1978

Style

Single Family Residential

County

New Hanover County

APN

R07816-001-004-000

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 Open Parking Spaces: 2
Parking Features: Off Street, On Site, Paved

Interior

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

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Electric

Interior Features
Interior Features: Master Downstairs
Appliances: Electric Oven, Refrigerator, Dishwasher, Electric Water Heater
Fireplace Features: None

Room Information
# of Rooms Total: 9
Laundry Features: Laundry Room

Exterior

Exterior Features
Exterior Features: None
Patio And Porch Features: Covered, Enclosed, Patio, Porch
Fencing: Back Yard, Wood
Roof: Shingle

Building Information
Sq. Ft.: 1381
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
Lot Features: Cul-De-Sac
Road Surface Type: Paved
Road Frontage Type: City Street, State Road
Lot Size : 0.19
Lot Size Dimensions: 46 x 184 x 184 x 97
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Zoning: R-10

Financial

Tax Information
Tax Annual Amount: $829.84

Utilities

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

Location

HOA Information
Association Amenities: None

Location Information
Directions: Follow 421 South towards Pleasure Island. Turn right into Monterey Heights, Cathay Road, and home is on the left after the park in the small cul-de-sac.
Subdivision Name: Monterey Heights

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,401
Stories: 1.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1978
Year Renovated: —
County: New Hanover County
APN: R07816-001-004-000

Home facts updated by county records on Sep 23, 2026

Other

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

Around this home

Schools

Edwin A. Anderson Elementary

Public K-5 • Assigned • 0.8mi

10/10

Charles P Murray Middle

Public 6-8 • Assigned • 0.6mi

7/10

Eugene Ashley High

Public 9-12 • Assigned • 0.6mi

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

$290,000 – $351,000

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New listings for sale in 28412

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NEW 7 HRS AGO

$559,900

4 beds3 baths2,021 sq ft

620 The Cape Blvd, Wilmington, NC 28412

OPEN SAT, 12PM TO 2PM

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3751 Spicetree Dr, Wilmington, NC 28412

VIDEO TOUR

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VIDEO TOUR

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4 beds4.5 baths9,430 sq ft

137 Trombay Dr, Wilmington, NC 28412

$382,000

3 beds2 baths1,988 sq ft

3202 College Rd, Wilmington, NC 28412

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2 beds2 baths973 sq ft

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Home values near 431 Cathay Rd

Data from public records.

Address	Redfin Estimate
435 Cathay Rd, Wilmington, NC 4 Beds \| 1.5 Baths \| 1288 Sq. Ft.	$301,870
419 Cathay Rd, Wilmington, NC 3 Beds \| 1.5 Baths \| 1325 Sq. Ft.	$292,402

Address	Redfin Estimate
423 Cathay Rd, Wilmington, NC 3 Beds \| 1.5 Baths \| 1404 Sq. Ft.	$311,902
439 Cathay Rd, Wilmington, NC 3 Beds \| 1.5 Baths \| 1386 Sq. Ft.	$305,495

Address	Redfin Estimate
427 Cathay Rd, Wilmington, NC 3 Beds \| 1.5 Baths \| 1001 Sq. Ft.	$284,492
447 Cathay Rd, Wilmington, NC 4 Beds \| 1.5 Baths \| 1134 Sq. Ft.	$294,823

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 431 Cathay Rd

Tax history for 431 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 431 Cathay Rd

More real estate resources