538 Cathay Road

Closed 5/1/23
Closed 5/1/23
A Front View 1
Kitchen
Kitchen View 2
Dining Room
Living Room
Primary Bathroom View 1
Primary Bedroom View 1
Bathroom
Bedroom 2
Bedroom 3
Attached Garage
A Rear View 1
Sold
Last Sold Price
$160,000
3 beds1,041 sqft$154/sqft
538 Cathay Rd, Wilmington, NC 28412
Single FamilyProperty Type
0.3 acresLot Size
1977Year Built
$154/sq ftPrice per sq ft
1 carParking Spaces

Description

Three bedroom, one and half bath ranch style home located in Monterey Heights. Kitchen features peninsula and opened to breakfast/dining room. Dining Area with sliding doors leading to fenced back yard. Attached one car garage. Conveniently located close to beaches, restaurants, shopping and beautiful downtown Wilmington. Equal Housing Opportunity. Property owned by US Dept. of HUD [381-789160]. FHA UI (uninsured). Seller makes no representations or warranties as to property condition. Sold as is....Three bedroom, one and half bath ranch style home located in Monterey Heights. Kitchen features peninsula and opened to breakfast/dining room. Dining Area with sliding doors leading to fenced back yard. Attached one car garage. Conveniently located close to beaches, restaurants, shopping and beautiful downtown Wilmington. Equal Housing Opportunity. Property owned by US Dept. of HUD [381-789160]. FHA UI (uninsured). Seller makes no representations or warranties as to property condition. Sold as is. Seller may contribute up to 3% for buyer's closing costs, upon buyer request. Properties to Include LBP Pre-1978 Notice.
  • Listed by: TRIPP BLANDFORD 252.633.9060 careast@coastalnet.com Brokerage DRE #C25416 • CAROLINA EAST REALTY
Listing closed: 05/01/2023 12:00 AM • Source: NCRMLS, MLS#: 100377006

Recent comparable sales

Median sold price

$292,000

Avg days on market

49

Sale-to-list ratio

91.5%

Wilmington, NC

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$305,000 | 406 Cathay Road, Wilmington, NC 28412
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$286,000 | 326 Cathay Road, Wilmington, NC 28412
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Location

Listing Courtesy of CAROLINA EAST REALTY

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Principal and Interest

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Property Taxes

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Property Information for 538 Cathay Road

Property Details
  • Taxes: $843 / year
  • MLS Type: Residential / Single Family Residence
  • County: New Hanover County
  • Subdivision Name: Monterey Heights
  • Waterfront: No
  • Zoning: R-10
Building Information
  • Stories: 1
  • Year Built: 1977
  • Lot Size: 0.30 AC / 13,068 SF
Summary
Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: No
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • Directions: Follow Carolina Beach Road South, make right onto Cathey. Home on left.
  • Latitude: 34
  • Longitude: -78
  • Road Frontage Type: Paved
Taxes and HOA
  • Tax Other Assessment Amount Frequency: NONE KNOWN
  • Association Amenities: None
  • Association: No
  • Parcel Number: R07816-003-018-000
  • Tax Book Number: 0
  • Tax Legal Description: LOT 162 SEC 3 MONTEREY HGTS
  • Tax Map Number: 0
  • Tax Assessed Value: $159,900
  • Tax Year: 2022
Parking
  • Attached Garage: No
  • Parking Total: 1.0
  • Parking Features: Concrete, Off Street
Property
Lot Information
  • Building Area Total: 1041.0
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Square Feet: 13068.0
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Living Area: 1041.0
  • Living Area Units: Square Feet
  • Structure Type: Wood Frame
Property and Assessments
  • Deed Book: 9902
  • Deed Page: 1000.0
  • New Construction: No
  • Possession: At Closing
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Road Surface Type: Paved
  • Year Built: 1977
  • Permitted Use: Public
Utilities
  • Sewer Provider: Municipal Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Brick
  • Construction Materials: Brick
  • Fencing: Back Yard, Chain Link
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle
  • Stories: 1
Interior Features
  • Bathrooms Total Source: Computed
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 1.1
  • Attic Features: Scuttle
  • Heating System Fuel Source: Electric
  • Water Heater: Electric
  • Dining Room Type: Formal
  • Master Bedroom Level: Primary Living Area
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: None
  • Cooling: No
  • Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • Heating: Yes
  • Heating: Forced Air
  • Interior Features: Master Downstairs
  • Laundry Features: In Garage
  • Levels: One
  • Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3
  • Rooms Total: 6
Room Information
Room 1
  • Room Level: Main
  • Room Length: 10.8
  • Room Width: 10.5
  • Room Type: Bedroom 2
Room 2
  • Room Level: Main
  • Room Length: 11.6
  • Room Width: 15.1
  • Room Type: Living Room
Room 3
  • Room Level: Main
  • Room Length: 10.8
  • Room Width: 10.2
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Length: 9.5
  • Room Width: 11.1
  • Room Type: Dining Room
Room 5
  • Room Level: Main
  • Room Length: 10.1
  • Room Width: 12.0
  • Room Type: Bedroom 1
Room 6
  • Room Level: Main
  • Room Length: 9.3
  • Room Width: 11.2
  • Room Type: Kitchen
Agent
Sale and Listing
  • Sold Exclusive: No

Property History for 538 Cathay Road

DateEvent & SourcePriceAppreciation
May 1, 2023

Sold

NCRMLS #100377006

$160,000—
Apr 27, 2023

Sold (Public Record)

Public Record #1510063815

$160,000—
Apr 5, 2023

Pending

NCRMLS #100377006

—
DateEvent & SourcePrice
05/01/2023

Sold

NCRMLS #100377006

$160,000
04/27/2023

Sold (Public Record)

Public Record #1510063815

$160,000
04/05/2023

Pending

NCRMLS #100377006

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 538 Cathay Road

Taxable ValueLand$126,700Additions$75,700Total$202,400
Tax Record2025$840 ($70 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,372 SqFtAbove Grade Finished SqFt1,372 SqFtStories1Lot Size13,155 SqFtStyleSingle Family ResidenceYear Built1977ZoningR-10,RESIDENTCountyNEW HANOVERAPNR07816-003-018-000

Schools near 538 Cathay Road

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Heyward C Bellamy Elementary
Public - K to 5
Charles P Murray Middle
Public - 6 to 8
Eugene Ashley High
Public - 9 to 12
Dr John Codington Elementary
Public - K to 5
Rating
School
Distance
Heyward C Bellamy Elementary
PublicK to 5

Charles P Murray Middle
Public6 to 8

Eugene Ashley High
Public9 to 12

Dr John Codington Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 538 Cathay Road, Wilmington, NC 28412
$160,000
3
1,041
13,068
542 Cathay Road, Wilmington, NC 28412
$170,000
3
1,150
16,988
534 Cathay Road, Wilmington, NC 28412
$262,500
3
1,330
15,507
5 Point Reyes Drive, Wilmington, NC 28412
$49,000
3
1,045
–
530 Cathay Road, Wilmington, NC 28412
$88,000
3
1,201
–
101 Point Reyes Drive, Wilmington, NC 28412
–
3
1,413
13,504

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CAROLINA EAST REALTY

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 10/01/2025 07:23 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS