51 Cato Ave Pawtucket, RI 02860
Beverage Hill-The Plains Neighborhood
4
Beds
2
Baths
1,740
Sq Ft
2,553
Sq Ft Lot
Highlights
- Attic
- Laundry Room
- Public Transportation
- Bathtub with Shower
- Storage Room
- Shops
About This Home
As of January 2025Charming updated two-family home in prime location! McCoy side of Pawtucket! Perfectly situated on a desirable corner lot. This property features two spacious 2-bedroom, 1-bath units, ideal for both investors and owner-occupants. The second floor has been tastefully remodeled, offering modern finishes and a fresh, inviting atmosphere. The first-floor unit currently houses a long-term tenant, providing immediate rental income. Each unit boasts ample living space and natural light, making it a comfortable home for residents. Enjoy the convenience of a large driveway, providing plenty of parking for you and your guests as well as a small side yard space for outdoor relaxation or gardening. Recent updates include newer roof, updated electrical, and efficient water tanks, ensuring peace of mind for years to come. The basement features laundry hookups for both units and additional storage, adding to the property's functionality. Located just minutes from the Massachusetts line this home is close to all amenities, including shopping, dining and public transportation. Don't miss out on this fantastic opportunity to own a well-maintained two-family house in a sought-after area.
This home is eligible for a unique financing community lending program at 5.5% int w/ 3% down, ZERO points, no pmi, 30-year fixed mortgage for qualified first-time home buyer's w/ a minimum credit score of 660. Save hundreds per month in mortgage payment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,099
Year Built
- Built in 1920
Lot Details
- 2,553 Sq Ft Lot
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,740 Sq Ft Home
- 2-Story Property
- Storage Room
- Laundry Room
- Utility Room
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
- Driveway
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 572
- Assessor Parcel Number 51CATOAVPAWT
Community Details
Overview
- 2 Units
- Mccoy Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2024
Closed on
Jan 3, 2025
Sold by
Camiliano Llc
Bought by
Francois Jeff A and Williams Gerlikka
Seller's Agent
Scott McGee
RE/MAX Properties
Buyer's Agent
Marcus Randolph
eXp Realty
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,713
Avg. Annual Appreciation
0.05%
Original Mortgage
$451,668
Outstanding Balance
$450,515
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$9,588
Purchase Details
Closed on
Aug 15, 2024
Sold by
Correia Christopher
Bought by
Camiliano Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 2004
Sold by
Pavao Victor M
Bought by
Correira Christopher
Purchase Details
Closed on
Jan 28, 2003
Sold by
Ramirez Jose R
Bought by
Pavao Victor M
Purchase Details
Closed on
Nov 4, 2002
Sold by
Parfitt Brian M
Bought by
Ramirez Jose R
Purchase Details
Closed on
Mar 9, 1990
Sold by
Damico Richard P
Bought by
Parfitt Brian M
Similar Homes in Pawtucket, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $280,000 | None Available | |
| Warranty Deed | $280,000 | None Available | |
| Warranty Deed | $280,000 | None Available | |
| Deed | $219,000 | -- | |
| Deed | $219,000 | -- | |
| Deed | $160,000 | -- | |
| Deed | $160,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- | |
| Warranty Deed | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $451,668 | FHA | |
| Closed | $451,668 | FHA | |
| Closed | $15,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $310,000 | Purchase Money Mortgage | |
| Previous Owner | $228,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | Sold | $460,000 | +2.2% | $264 / Sq Ft |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | For Sale | $450,000 | 0.0% | $259 / Sq Ft |
| 08/30/2017 08/30/17 | For Rent | $725 | -3.3% | -- |
| 08/30/2017 08/30/17 | Rented | $750 | +7.1% | -- |
| 02/03/2015 02/03/15 | For Rent | $700 | 0.0% | -- |
| 02/03/2015 02/03/15 | Rented | $700 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,099 | $332,200 | $117,700 | $214,500 |
| 2023 | $3,786 | $223,500 | $71,500 | $152,000 |
| 2022 | $3,706 | $223,500 | $71,500 | $152,000 |
| 2021 | $3,706 | $223,500 | $71,500 | $152,000 |
| 2020 | $3,242 | $155,200 | $54,100 | $101,100 |
| 2019 | $3,242 | $155,200 | $54,100 | $101,100 |
| 2018 | $3,124 | $155,200 | $54,100 | $101,100 |
| 2017 | $2,756 | $121,300 | $43,500 | $77,800 |
| 2016 | $2,655 | $121,300 | $43,500 | $77,800 |
| 2015 | $2,655 | $121,300 | $43,500 | $77,800 |
| 2014 | $2,643 | $114,600 | $43,500 | $71,100 |
Source: Public Records
Agents Affiliated with this Home
-
Scott McGee
Seller's Agent in 2025
Scott McGee
RE/MAX Properties
(401) 639-2906
5 in this area
1,094 Total Sales
-
Rachel Baptista Da Moeda
Seller Co-Listing Agent in 2025
Rachel Baptista Da Moeda
RE/MAX Properties
(401) 692-1796
3 in this area
124 Total Sales
-
Marcus Randolph
Buyer's Agent in 2025
Marcus Randolph
eXp Realty
(401) 419-5142
2 in this area
103 Total Sales
-
Sarah Fournier
Seller's Agent in 2017
Sarah Fournier
J. Christopher Real Estate Grp
(401) 692-1986
5 Total Sales
-
Spectrum Real Estate Consultants T
Seller's Agent in 2015
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
(401) 333-4900
2 in this area
401 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1373281
APN: PAWT-000026-000000-000572
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