Welcome to 209 Cathay Road, a charming one-story home in Wilmington's Monterey Heights neighborhood. Offering 3 bedrooms and 1.5 bathrooms, this home includes a flexible rear bonus space with new flooring that is perfect for a home office, second living area, or playroom. This additional room is not included in the home's heated square footage. The kitchen features a newer refrigerator and stove, while the fully fenced backyard offers plenty of room to relax, entertain, or let pets play. Two sheds provide additional versatility, including one screened-in space that creates a peaceful outdoor hangout for game days, movie nights, or quiet evenings at home. With no HOA, no city taxes, and a location outside the designated flood zone, this property offers added flexibility and convenience. A pre-listing inspection has already been completed and is available for review, providing buyers with helpful information upfront. Monterey Heights Park is nearby, while Carolina Beach, shopping, dining, and everyday essentials are all just a short drive away. Come see everything this inviting Wilmington home has to offer!
For sale
Price cut: $6K (9/18)
$299,000
209 Cathay Road, Wilmington, NC 28412
3beds
1,055sqft
Single Family Residence
Built in 1971
0.3 Acres Lot
$294,200 Zestimate®
$283/sqft
$-- HOA
What's special
- 40 days
- 1,189
- 107
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Liz Pyykkonen 480-272-2734,
Berkshire Hathaway HomeServices Carolina Premier Properties
Source: Hive MLS,MLS#: 100582329
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Master Bedroom, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Primary bedroom
- Level: Main
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Bathroom 1
- Level: Main
Bathroom 2
- Level: Main
Kitchen
- Level: Main
Heating
- Electric, Heat Pump
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Electric Oven, Freezer, Refrigerator, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup, Laundry Closet
Features
- Ceiling Fan(s), Blinds/Shades
- Flooring: LVT/LVP, Carpet
- Basement: None
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 1,055
- Total interior livable area: 1,055 sqft
Property
Parking
- Parking features: Concrete
Features
- Levels: One
- Patio & porch: Covered, Enclosed, Porch, Screened
- Fencing: Privacy,Full,Back Yard
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 0.3 Acres
- Dimensions: 138 x 139 x 46 x 141
Details
- Additional structures: Covered Area, Shed(s)
- Parcel number: R07913006018000
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Monterey Heights
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $271,900
- Annual tax amount: $1,029
- Date on market: 8/18/2026
- Cumulative days on market: 40 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$294,200
$279,000 - $309,000
$2,042/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Price change | $299,000-2%$283/sqft |
Source: | ||
| 8/18/2026 | Listed for sale | $305,000+8.9%$289/sqft |
Source: | ||
| 6/7/2024 | Sold | $280,000-6.5%$265/sqft |
Source: | ||
| 5/3/2024 | Contingent | $299,500$284/sqft |
Source: | ||
| 5/3/2024 | Pending sale | $299,500$284/sqft |
Source: | ||
| 4/26/2024 | Listed for sale | $299,500$284/sqft |
Source: | ||
| 4/1/2024 | Listing removed | -- |
Source: | ||
| 4/1/2024 | Listed for sale | $299,500$284/sqft |
Source: | ||
| 3/15/2024 | Pending sale | $299,500$284/sqft |
Source: | ||
| 3/13/2024 | Price change | $299,500-2.8%$284/sqft |
Source: | ||
| 3/4/2024 | Listed for sale | $308,275+31.2%$292/sqft |
Source: | ||
| 4/3/2023 | Sold | $235,000-12.9%$223/sqft |
Source: | ||
| 2/14/2023 | Pending sale | $269,900$256/sqft |
Source: | ||
| 2/8/2023 | Listed for sale | $269,900$256/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,103 +28.5% | $271,900 +81.1% |
| 2024 | $858 +0.7% | $150,100 |
| 2023 | $852 +83.8% | $150,100 |
| 2022 | $464 +9.6% | $150,100 |
| 2021 | $423 +16.3% | $150,100 +30.5% |
| 2020 | $364 | $115,000 |
| 2019 | $364 | $115,000 |
| 2018 | $364 | $115,000 |
| 2017 | $364 +16.9% | $115,000 +28.1% |
| 2016 | $311 +7.6% | $89,800 |
| 2015 | $289 +1.7% | $89,800 |
| 2014 | $284 | $89,800 |
| 2013 | -- | $89,800 |
| 2012 | -- | $89,800 -21.3% |
| 2011 | -- | $114,149 |
| 2010 | -- | $114,149 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $68,658 |
| 2004 | -- | $68,658 |
| 2003 | -- | $68,658 |
| 2002 | -- | $68,658 |
| 2001 | -- | $68,658 |
| 2000 | -- | $68,658 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28412
Nearby schools
Schools provided by the listing agent
- Elementary: Anderson
- Middle: Murray
- High: Ashley
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




