514 Cathay Road, Wilmington, NC 28412

$265,000
  • 514 Cathay Road, Wilmington, NC 28412 Main Photo

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New to the Market Active
BEDS3 BATHS1 full 1 partial SQUARE FEET1,408 MLS#100569025
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMonterey Heights SCHOOLNew Hanover

Property Description

Attention investors and handy people! Solid brick ranch outside city limits with no HOA, ready for your vision. This property needs primarily cosmetic updates, making it a great candidate for a quick flip or a value-add project with strong sweat equity potential.This charming 3-bedroom, 1.5-bath home sits on a spacious 0.30-acre lot and is just a short drive to Carolina Beach, giving you the perfect blend of everyday comfort and coastal convenience. Major updates include a roof approximately 5-6 years old and an HVAC system replaced in 2019.Enjoy outdoor living with a screened-in patio, storage shed, and a well-maintained yard featuring mature azalea bushes. The property also includes two koi ponds (fish removed), offering a unique landscaping feature or a great opportunity to customize the space to your vision.Additional highlights include a brand-new well pump connected to the sprinkler system.Being sold as-is, this home is full of potential and ready for its next owner to make it their own.

514 Cathay Road | MLS# 100569025

This single family home located at 514 Cathay Road, Wilmington, NC 28412 is currently listed for sale with an asking price of $265,000. This property was built in 1977 and has 3 bedrooms and 1 full and 1 partial baths with 1408 sq. ft. Cathay Road is located in the Monterey Heights subdivision within the New Hanover school district. Search Monterey Heights real estate on www.century21thomas.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Electric, Heat Pump
Lot Size: 0.30 Acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1977

Amenities

Entrance Foyer
Ceiling Fan(s)
See Remarks61

Feature Descriptions

Days on Site: 5
Exterior: Brick Veneer, Wood Frame
Lot Dimensions: Irregular
Parcel#: R07816-003-024-000
Parking: On Site, Paved
Parking Notes: On Site, Paved
Sewer: Municipal Sewer
Special View Info: See Remarks
Utilities: Water Available
Water: County Water

Room Sizes

Primary Bedroom: 101 X 129
Bedroom 2: 101 X 101
Kitchen: 99 X 101
Other: 100 X 93
Laundry: 72 X 59
Living Room: 19 X 123
Dining Room: 10 X 101
Bedroom 3: 84 X 101
Family Room: 117 X 258

Local Schools

High School: Ashley
Middle School: Murray
Elementary School: Bellamy
School District: New Hanover

Listed By / Shown By

Listed By

Agency Name: Keller Williams Innovate-Wilmington
Agency Phone: 910-777-2200

Shown By

Agency Title: CENTURY 21 Thomas
Agency Phone: 888-249-2100

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Estimated Payment

$ 667.07 per month $589.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $77.29 Homeowner's Insurance

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