New Hanover County property record for 514 Cathay Rd, Wilmington, NC 28412
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 1.5 ba · 1,386 sqft · built 1977 |
| Lot Size | 0.304 acres (13,242 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $270,500 (May 2026) |
| Tax Bill | $671 (2025) |
| Deeds & Mortgages | May 2026 Sale & Mortgage Sep 2020 Transfer |
| Flood Zone | Zone X (minimal risk) |
| APN | R07816-003-024-000 |
| Primary APN | R07816-003-024-000 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1.5 Baths |
| Half Baths | 1 Half Bath |
| Stories | 1 Story |
| Building Area | 1,386 sqft Living Area |
| 1st Floor Area | 1,386 sqft |
| Basement Area | 1,386 sqft |
| Finished Basement | 1,386 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1977 |
|---|---|
| Effective Year Built | Effective 1977 |
| Architectural Style | Raised Ranch |
| Exterior Material | Brick Veneer |
| Foundation Type | Footing |
| Roof Material | Composition Shingle |
| Lot Area | 13,242 sqft (0.304 acres) |
| Terrain | Above Road/Slope |
| Garage Type | Basement |
| Parking Spaces | 1 Parking Space |
| Porch | Slab |
|---|---|
| Porch Area | 60 sqft |
| Gazebo | 100 sqft |
| Utility Building | 48 sqft |
| Cooling System | HVAC |
|---|---|
| Heating System | Central |
| Heating Fuel | Electric |
| Street Address | 514 CATHAY RD |
|---|---|
| City | WILMINGTON |
| State | NC |
| Zip | 28412-2920 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R-10,RESID |
| Legal Description | LOT 168 SEC 3 MONTEREY HGTS |
| Legal Subdivision | MONTEREY HEIGHTS SEC 3 |
| Legal Block | 3 |
| Legal Lot Number | 168 |
| Jurisdiction | NEW HANOVER NC |
| Township / Civil Division | FEDERAL POINT |
| Census Block Group | 1 |
| Census Block | 1018 |
| Census Tract | 12106 |
514 Cathay Rd is owned and occupied by two individuals who bought it in May 2026.
Source: New Hanover County records, as of October 20, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 514 CATHAY RD, WILMINGTON, NC 28412-2920 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Married Couple |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| May 26, 2026 | Warranty Deed, Transfer · Conventional Mortgage ROCKET MORTGAGE LLC |
| Sep 23, 2020 | Quit Claim Deed, Transfer ATTORNEY ONLY |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | May 26, 2026 · Amount on File |
| Deed Sale | May 26, 2026 · Amount on File |
| Prior Sale | Apr 17, 1989 · Amount on File |
| Deed Document Number | 202614147 |
| Deed Book / Page | 6851 / 983 |
| Prior Transfer Date | Nov 1, 1981 |
| Prior Transfer Doc | 1194001374 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | NEW HANOVER NC |
| Recording Date | May 26, 2026 |
| Property Address | 514 CATHAY RD, WILMINGTON, NC 28412-2920 |
| Document Number | 00685100983 |
| Book / Page | 6851 / 983 |
| Instrument Date | May 22, 2026 |
| Instrument | 202614147 |
| Transaction Type | Transfer |
| Record Updated | Jun 4, 2026 |
| Title Company | CLEAR COAST TITLE LLC, CLEAR COAST TITLE |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $54,641.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 514 CATHAY RD, WILMINGTON, NC 28412-2920 |
| Document Number | 0000014148, |
|---|---|
| Date | May 26, 2026 |
| Instrument | 202614148 |
| Name | ROCKET MORTGAGE LLC |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Jun 1, 2056 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 6.37% |
| Initial Type | Fixed Rate |
| Max Rate | -1% |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | NEW HANOVER NC |
| Recording Date | Sep 23, 2020 |
| Property Address | 514 CATHAY RD, WILMINGTON, NC 28412-2920 |
| Document Number | 0063581987 |
| Book / Page | 006358 / 001987 |
| Instrument Date | Sep 11, 2020 |
| Instrument | 39027 |
| Transaction Type | Transfer |
| Record Updated | Sep 29, 2020 |
| Title Company | ATTORNEY ONLY |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants with Right of Survivorship |
| Address | 514 CATHAY RD WILMINGTON NC 284122920, WILMINGTON, NC 28412-2920 |
The 2025 property tax bill for 514 Cathay Rd was $671 with a senior citizen's exemption, up 24% from the year before.
Source: New Hanover County assessment roll, as of October 10, 2025
| Type | Name |
|---|---|
| State | North Carolina |
| County | New Hanover County |
| Unified School District | New Hanover County Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $315,700 (-) Land $126,900 Building $188,800 | $315,700 (-) Land $126,900 Building $188,800 | |
| 2025 | $671.00 (+24.03%) Senior Citizen's exemption | $315,700 Land $126,900 Building $188,800 | $315,700 Land $126,900 Building $188,800 |
| 2024 | $541.00 (+1.12%) | ||
| 2023 | $535.00 (-0.93%) Senior Citizen's exemption | $179,200 Land $67,100 Building $112,100 | $179,200 Land $67,100 Building $112,100 |
| 2022 | $540.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 514 Cathay Rd in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 2018.
Source: FEMA National Flood Hazard Layer, effective January 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 55 policies |
| Community Rating System | Class 7 (15% premium discount) |
| Nearby Flood Policies | 55 in force |
| Nearby Flood Claims | 6 (2018–2024) |
| Claims Outside the SFHA | 6 of 6 |
| Most Recent Claim | Sep 2024 · Potential Tropical Cyclone Eight |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 514 Cathay Rd is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 76% of North Carolina |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Indirect within ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 424 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Metronet Fiber | 5,120 / 5,120 |
| Spectrum Cable | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T DSL · Fiber in parts of the area | 100 / 20 |
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