Attention investors and handypeople looking for a great brick ranch out of the city limits and no HOA needing primarily cosmetic updates for a quick flip or potential for some considerable sweat equity! This home features a roof from 2025, HVAC from 2023, vinyl replacement windows from a previous owner and a nearly half acre lot. It was originally built as a 3/1 but a previous owner removed the wall between the primary and secondary bedrooms to create a 2/1 with a large primary bedroom, so it should be easy to convert back to a 3 bedroom home if desired. This home is priced for a quick as-is sale, schedule your tour ASAP!
Under contract
$240,000
539 Cathay Road, Wilmington, NC 28412
2beds
1,319sqft
Est.:
Single Family Residence
Built in 1977
0.47 Acres Lot
$238,900 Zestimate®
$182/sqft
$-- HOA
What's special
- 48 days |
- 195 |
- 1 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 11, 2026 at 03:37pm
Listed by:
Eric G Knight 910-367-2253,
Nest Realty
Source: Hive MLS,MLS#: 100547847
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Master Bedroom, Bedroom 2, Living Room, Den, Dining Room, Laundry
Primary bedroom
- Level: First
- Dimensions: 22 x 11
Bedroom 2
- Level: First
- Dimensions: 11 x 9
Den
- Level: First
- Dimensions: 18 x 11
Dining room
- Level: First
- Dimensions: 11 x 8
Kitchen
- Level: First
- Dimensions: 12 x 11
Laundry
- Level: First
- Dimensions: 11 x 5
Living room
- Level: First
- Dimensions: 15 x 11
Heating
- Heat Pump, Electric, Forced Air
Cooling
- Central Air, Heat Pump
Appliances
- Included: Electric Oven, Built-In Microwave, Refrigerator, Dishwasher
- Laundry: Laundry Room
Features
- None
- Flooring: Concrete, Vinyl
- Attic: Pull Down Stairs
Interior area
- Total structure area: 1,319
- Total interior livable area: 1,319 sqft
Property
Parking
- Parking features: Paved
Features
- Levels: One
- Patio & porch: Patio
- Fencing: Chain Link,Back Yard
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 0.47 Acres
- Dimensions: 210.3 x 147.66 x 132.4 x 93.3
Details
- Parcel number: R07816006008000
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Monterey Heights
HOA
- Has HOA: No
- Amenities included: Park
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $316,800
- Annual tax amount: $1,273
- Date on market: 1/7/2026
- Cumulative days on market: 48 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$238,900
$227,000 - $251,000
$1,862/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2026 | Contingent | $240,000$182/sqft |
Source:  Hive MLS #100547847 Report a problem | ||
| 1/7/2026 | Listed for sale | $240,000+50.1%$182/sqft |
Source: Hive MLS #100547847 Report a problem | ||
| 12/6/2019 | Sold | $159,900$121/sqft |
Source: Hive MLS #100180252 Report a problem | ||
| 10/31/2019 | Pending sale | $159,900$121/sqft |
Source: Spot Real Estate, LLC #100180252 Report a problem | ||
| 10/4/2019 | Price change | $159,900-3%$121/sqft |
Source: Spot Real Estate, LLC #100180252 Report a problem | ||
| 8/15/2019 | Listed for sale | $164,900+18.6%$125/sqft |
Source: Spot Real Estate, LLC #100180252 Report a problem | ||
| 2/15/2018 | Sold | $139,000-0.7%$105/sqft |
Source: Hive MLS #100073382 Report a problem | ||
| 12/31/2017 | Pending sale | $140,000$106/sqft |
Source: CENTURY 21 Sweyer & Associates #100073382 Report a problem | ||
| 11/29/2017 | Price change | $140,000-3.4%$106/sqft |
Source: CENTURY 21 Sweyer & Associates #100073382 Report a problem | ||
| 10/4/2017 | Price change | $145,000-3.3%$110/sqft |
Source: CENTURY 21 Sweyer & Associates #100073382 Report a problem | ||
| 8/10/2017 | Listed for sale | $149,900$114/sqft |
Source: Century 21 Sweyer & Associates #100073382 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,273 +24% | $316,800 +73.8% |
| 2024 | $1,026 +0.6% | $182,300 |
| 2023 | $1,020 -0.9% | $182,300 |
| 2022 | $1,029 +1.9% | $182,300 |
| 2021 | $1,010 +18.5% | $182,300 +35.2% |
| 2020 | $853 | $134,800 |
| 2019 | $853 | $134,800 |
| 2018 | $853 | $134,800 |
| 2017 | $853 +12.2% | $134,800 +22.9% |
| 2016 | $760 +7.6% | $109,700 |
| 2015 | $706 +1.7% | $109,700 |
| 2014 | $694 | $109,700 |
| 2013 | -- | $109,700 |
| 2012 | -- | $109,700 -20.5% |
| 2011 | -- | $137,906 |
| 2010 | -- | $137,906 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $84,304 |
| 2004 | -- | $84,304 |
| 2003 | -- | $84,304 +48.6% |
| 2002 | -- | $56,718 -31.5% |
| 2001 | -- | $82,760 |
| 2000 | -- | $82,760 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,336/mo
Principal & interest
$1238
Property taxes
$98
Climate risks
Neighborhood: 28412
Nearby schools
GreatSchools rating
- 10/10Edwin A. Anderson ElementaryGrades: K-5Distance: 0.8 mi
- 7/10Charles P Murray MiddleGrades: 6-8Distance: 0.8 mi
- 5/10Eugene Ashley HighGrades: 9-12Distance: 0.7 mi
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.
Local experts in 28412
