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122 Cathay Rd

Wilmington, NC 28412

3 bd 2 ba 1,289 sqft Built 1971 Lot 13,068 sqft single_family
Most recent sale
$281,500
May 31, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2023 Sold $281,500 NCRMLS
Apr 24, 2023 Listed $275,000 NCRCapeFear
Jul 29, 2022 Listing removed NCRCapeFear
May 21, 2022 Listed $265,000 MLS #100329284
May 16, 2022 Listing removed NCRCapeFear
May 13, 2022 Price changed $262,000 MLS #100320825
Apr 25, 2022 Price changed $267,000 MLS #100320825
Apr 22, 2022 Price changed $275,000 MLS #100320825
Apr 6, 2022 Listed $279,000 MLS #100320825
Jan 18, 2017 Sold $118,000 MLS #30517241
Apr 30, 2015 Sold $118,000 Public Record
Apr 30, 2015 Listed $119,900 MLS #30517241
Mar 27, 2015 Listing removed $119,900 NCRCapeFear
Mar 25, 2015 Relisted $119,900 MLS #517241
Feb 20, 2015 Listing removed $119,900 NCRCapeFear
Feb 8, 2015 Price changed $119,900 MLS #517241
Feb 6, 2015 Listing removed $124,900 NCRCapeFear
Feb 5, 2015 Listed $124,900 MLS #517241
Sep 23, 2014 Listed $124,900 MLS #512137
Jun 1, 2000 Sold $49,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $149,100 $124,900 $274,000 $676
2024 $149,100 $124,900 $274,000 $859
2023 $94,300 $66,000 $160,300 $905
2022 $94,300 $66,000 $160,300 $913
2021 $94,300 $66,000 $160,300 $889
2020 $92,400 $31,000 $123,400 $781
2019 $92,400 $31,000 $123,400 $781
2018 $92,400 $31,000 $123,400 $781
2017 $92,400 $31,000 $123,400 $799
2016 $74,100 $31,000 $105,100 $728
2015 $74,100 $31,000 $105,100 $677
2014 $74,100 $31,000 $105,100 $665
2013 $74,100 $31,000 $105,100 $665
2012 $74,100 $31,000 $105,100 $665
2011 $47,090 $47,090 $717
2010 $105,154 $29,400 $134,554 $707
2008 $105,154 $29,400 $134,554 $676

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,289 sqft
Lot size
13,068 sqft
ZIP code
28412
City
Wilmington
Street
Cathay Rd
Coordinates
34.11154, -77.90217

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,740
Gross rental yield
7.42%
Implied cap rate
4.82%
Trend-extrapolated value

Frequently asked questions

When did 122 Cathay Rd last sell?
122 Cathay Rd most recently sold on May 31, 2023 for $281,500.
What is the current tax assessment for 122 Cathay Rd?
The most recent total assessment for 122 Cathay Rd (year 2025) is $274,000 with $676 in property tax.
How does 122 Cathay Rd's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $281,500.
When was 122 Cathay Rd built?
122 Cathay Rd was built in 1971.
How does 122 Cathay Rd compare to others on Cathay Rd?
We track 8 other properties on Cathay Rd. Browse the list under "Other properties on Cathay Rd" to compare beds, baths, and sale history.
What are the property facts for 122 Cathay Rd?
122 Cathay Rd is a 3 bed, 2 bath, 1,289 sqft, 13,068 sqft lot single_family.
Is 122 Cathay Rd a flip candidate?
No — 122 Cathay Rd does not appear in our flips dataset.
Is 122 Cathay Rd a tax-appeal candidate?
No — 122 Cathay Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$534.2K
2026 Q4
$543.6K
ZIP 28412 — Median Price History + Forecast

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