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538 Cathay Road

538 Cathay Road, Wilmington, NC 28412
538 Cathay Road has been categorized by the local assessors in Wilmington, NC as a type of property. The building on the property was first built in 1977 and is 49 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 538 Cathay Road has 1,372 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a that is 1,008 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,155 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The roof of the building is made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 538 Cathay Road sold most recently in Apr 27, 2023 for a total of $160,000. If you work out the math, that's approximately a cost of $116.62 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $90,328 in taxes each year. 538 Cathay Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $159,900. If we break it down further, the land itself was valued at $67,000. Improvements to the property, however, were assessed at a total of $92,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230401
04/01/2023
3 Bed
1.5 Bath
1041 ft²
$130,000
bedrooms
3 Bed
bathrooms
1.5 Bath
square feet
1041 ft²
-
-
TRIPP BLANDFORD
CAROLINA EAST REALTY


Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 1,008
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,155
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONTEREY HEIGHTS SEC 3
  • Land Acres: 0000000302
  • Standard Land Use Code: 1001
  • County Land Use Code: 10
  • Legal Description 1: LOT 162 SEC 3 MONTEREY HGTS

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012106

Zoning

  • Zoning: R-10,RESID

Geography

  • Assessors Map Reference: MAP 7816
  • District: FD
  • Section: 3
  • Parcel: R07816-003-018-000
  • Block: 3
  • Lot: 162
  • Municipality: FIRE DISTRICT
  • Latitude: 34.11
  • Longitude: -77.9151

    Address

  • Full Address: 538 Cathay Rd
  • Address - House Number: 538
  • Address - Street Name: Cathay
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R002
  • 4-Digit Zip Code: 2920
  • Zip Code: 28412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $90,328
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 73
  • Final Value: 254,576
  • High Value: 304,580
  • Low Value: 204,573

    Market Valuation

  • Market Total Value: $159,900
  • Market Land Value: $67,000
  • Market Improvement Value: $92,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,900
  • Assessed Land Value: $67,000
  • Assessed Improvements Value: $92,900

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 10393
  • Previous Sale Recording Date: Feb 10, 2000
  • Previous Sale Contract Date: Feb 10, 2000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Monterey Heights



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Frequently Asked Questions

What neighborhood is 538 Cathay Road located in?
The 538 Cathay Road is a house located in the neighborhood of Monterey Heights in Monterey Heights, Wilmington.
What is the average sales price for listings in 538 Cathay Road?
The average sales price for units in 538 Cathay Road is $0 currently.