Beautifully updated ranch with In-Law Suite addition off the rear of the home. The versatile home features 4 BR's and 2.5 baths including a 375 sqft guest suite with full bath accessible through the mudroom by the garage. Virtually nothing left to be done as the home features new LVT flooring almost throughout with plush new carpet in 2 BR's. Recently replaced roof and HVAC. New full set of Samsung Stainless appliances, washer & dryer also convey. Painted cabinets with under cabinet lighting, new Corian counters plus large butcher block bar area great for gathering with friends. Home sits on a huge lot with fenced in backyard, large deck, shed and a 1 car garage. No HOA, out of city limits and well and septic to keep your costs low. Situated at the end of Cathay Rd. right before River Rd. you have easy access to 2 local parks, shops at River Lights and just a few minutes drive to Carolina/Kure Beach.
This is a perfect opportunity to invest some time and money. This project is a rare find in New Hanover County. Whether your strategy is buy and hold as a rental, or renovate and move-in, this is an ideal market for position for the novice or the experienced. Located just south of Wilmington's corporate limits, this home is a short drive to newer shopping centers, professional offices and restaurants. The area is connected to much newer housing. As configured, this home offers 3 bedrooms, 1.5 bathrooms and the typical den/kitchen set up. An additional unfinished area under the roof would add a 4th bedroom and 2nd full bathroom. Some permits are on file. This could be an opportunity to reconfigure this house into a more modern home. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
Public Records
Sep 21, 2007
Sold
$106,000
$71/sq ft
Public Records
Apr 1, 1994
Sold
$16,500
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,479 (+63.3%)
$135,100 + $236,100
$371,200
2025
$905 (−26.6%)
$135,100 + $236,100
$371,200
2024
$1,234 (+0.5%)
$135,100 + $236,100
$371,200
2023
$1,228 (−0.9%)
$73,700 + $148,300
$222,000
2022
$1,239 (+2.3%)
$73,700 + $148,300
$222,000
2021
$1,211 (+22.7%)
$73,700 + $148,300
$222,000
2020
$987
$73,700 + $145,300
$219,000
2019
$987
$33,000 + $123,000
$156,000
2018
$987 (−2.3%)
$33,000 + $123,000
$156,000
2017
$1,010 (+4.8%)
$33,000 + $123,000
$156,000
2016
$964 (+6.5%)
$33,000 + $123,000
$156,000
2015
$905 (+10.5%)
$33,000 + $106,200
$139,200
2014
$819
$33,000 + $96,500
$129,500
Tax history for 739 Cathay Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,479 (+63.3%)
$135,100 + $236,100
$371,200
2025
$905 (−26.6%)
$135,100 + $236,100
$371,200
2024
$1,234 (+0.5%)
$135,100 + $236,100
$371,200
2023
$1,228 (−0.9%)
$73,700 + $148,300
$222,000
2022
$1,239 (+2.3%)
$73,700 + $148,300
$222,000
2021
$1,211 (+22.7%)
$73,700 + $148,300
$222,000
2020
$987
$73,700 + $145,300
$219,000
2019
$987
$33,000 + $123,000
$156,000
2018
$987 (−2.3%)
$33,000 + $123,000
$156,000
2017
$1,010 (+4.8%)
$33,000 + $123,000
$156,000
2016
$964 (+6.5%)
$33,000 + $123,000
$156,000
2015
$905 (+10.5%)
$33,000 + $106,200
$139,200
2014
$819
$33,000 + $96,500
$129,500
*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
Permits
Beds
4
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.4 Acres
Year renovated
—
Sq. Ft.
1,420
Year built
1994
Style
Single Family Residential
County
New Hanover County
APN
R07800-006-015-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
R-15
Residential-15 District
The purpose of the Residential-15 (R-15) District is established to provide lands that accommodate very low to low density residential development that can serve as a transition between very low density residential development patterns and smaller lot, more dense residential areas of the County. District regulations discourage development that substantially interferes with the quiet residential and recreational nature of the district.
Jun 20, 2018 • Final
Nhc residential equipment changeout - converted
HVAC
Jun 20, 2018 • Final
Nhc converted - converted
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Appliances: Electric Cooktop, Washer, Refrigerator, Dryer, Dishwasher, Electric Water Heater
Flooring: Carpet, Tile
Fireplace Features: None
Room Information
# of Rooms Total: 8
Laundry Features: Laundry Room
Basement Details: None
Exterior
Exterior Features
Exterior Features: None
Patio And Porch Features: Deck, Porch
Fencing: Back Yard
Roof: Shingle
Pool Information
Pool Features: None
Building Information
Sq. Ft.: 1496
Levels: One
Construction Materials: Brick
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 : 0.41
Lot Size Dimensions: 80 x 220 x 80 x 220
Lot Size Area: 0.41
Lot Size Units: Acres
Lot Size Acres: 0.41
Zoning: R15
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Location
HOA Information
Association Amenities: None
Schools Information
High School District: New Hanover
Location Information
Directions: Carolina Beach Rd. SOuth of Monkey Junction. Just past Beau Rivage entrance turn right on Cathay. follow towards end of road and home will be on the left just before you get to River Rd.
Subdivision Name: Not In Subdivision
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 1,420
Stories: 1.0
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: —
County: New Hanover County
APN: R07800-006-015-000
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
Edwin A. Anderson Elementary
Public K-5 • Assigned • 1.0mi
10/10
Charles P Murray Middle
Public 6-8 • Assigned • 1.0mi
7/10
Eugene Ashley High
Public 9-12 • Assigned • 1.0mi
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
3/10 Fire Factor
0.15% chance of being 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)
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
$351,000 – $425,000
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