tomo logo

$303,500

Beds
3
Baths
1.5
sq ft
1,141

406 Cathay Road, Wilmington, NC 28412

406 Cathay Road

Wilmington, NC 28412

  • Pending
Welcome home to this beautifully updated 3 bed brick ranch centrally located and across the street from serene Monterey Heights Park. The open concept floor plan offers neutral colors throughout, stainless steel appliances and updated fixtures. There's plenty of storage with laundry room and pantry. Have peace of mind knowing the roof and HVAC were replaced in 2018 and hot water heater in 2021. Enjoy the spacious backyard complete with privacy fence and covered porch. Minutes from Carolina Beach, shopping, parks and restaurants!

Details

Property type

Single Family Residence

Est. home value

$287,185

Lot size

0.25 acres

Price per sq ft

$266

Year built

1977

Annual property taxes

$824.51

Price History

09/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100463293

Pending
$303,500
09/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100463293

Listed
$303,500
+12.45%
04/14/2022
NorthCarolinaRegional

NorthCarolinaRegional #100317596

Sold
$269,900
+82.36%

Schools & Community

Elementary school: 

Blair

Middle school: 

Murray

High school: 

Ashley

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$39,571
Asking price
$303,500
Closing costs (~8% of asking)
-$24,280
Est. remaining loan balance
-$239,649
Cash to seller
$39,571

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2022

Original loan amount

$251,230

Est. remaining balance

$239,649

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Elizabeth Eesley and Eddie Summerlin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
Price drop
NorthCarolinaRegional
$324,900
3 bd
|
2 ba
|
1,559 sq ft
|
House

906 Arnold Road, Wilmington, NC 28412

A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
Price drop
NorthCarolinaRegional
$340,000
3 bd
|
1.5 ba
|
1,410 sq ft
|
House

506 Manet Road, Wilmington, NC 28412

A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
A home in Wilmington
Price drop
NorthCarolinaRegional
$295,000
3 bd
|
2 ba
|
1,378 sq ft
|
House

330 Cathay Road, Wilmington, NC 28412

Status: Pending/Under Contract

Tomo last checked: 09/19/2024 at 11:45 PM

Listing updated: 09/15/2024 at 7:17 PM

Listed by: Liz Summerlin, Salt and Stone Property Group Phone #: (910) 231-7377

MLS: NorthCarolinaRegional #100463293

NorthCarolinaRegional logo

Recently listed in Wilmington

$527,000|4 bd|3.0 ba|House
$11,900,000|5 bd|7.5 ba|House
$1,099,000|4 bd|3.5 ba|House

Explore top cities in North Carolina