NOT LISTED FOR SALE

5 Rustic Way Coventry, RI 02816

Estimated Value: $620,000 - $650,000

4 Beds
2.5 Baths
1,798 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $468,000 $260 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,928/month

37 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Corner Lot
  • Solar Power System
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2021

Contemporary meets classic serenity in this spacious Coventry home. Set on a large corner lot, this property leaves its mark both inside and out. Enter to a double-height great room with cathedral ceilings and a brick-laid gas fireplace. The open floorplan leads you to a meticulously updated kitchen with tile backsplash and stainless steel appliances, making this the ideal place to entertain. Tucked off the high-end kitchen is a 4-season sunporch flanked by two separate backyard decks. Finishing off the 1st floor is the large master bedroom, updated bathroom, and walk-in closet. With 2.5 bathrooms, radiant floor heating, there's plenty of versatility in this unique home. Solar panels which are owned and paid in full and an attached two-car garage provide further convenience. Located close to major retail and dining establishments, this property enjoys easy access to Route 3 and I-95. This is an opportunity not to be missed.

Last Agent to Sell the Property

Spectrum Real Estate Consultants T

Keller Williams Leading Edge Listed on: 03/03/2021

Keller Williams Leading Edge

Last Buyer's Agent

Tracey Colucci

Century 21 Guardian Realty License #RES.0026450

Century 21 Guardian Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 1979

Lot Details

  • 0.49 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Utility Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Septic Tank

Additional Features

  • Solar Power System
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 058
  • Assessor Parcel Number 5RUSTICWYCVEN

Community Details

Overview

  • Wood Estates Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,992

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Subdivision Name: Wood Estates
  • Above Grade Finished Sq Ft: 1798.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Green Power: Solar
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1798.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.0
  • Parcel #: 5RUSTICWYCVEN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5992.0
  • Tax Lot: 058
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 10, 2021
Sold by
Amado Michael D and Amado Elmas
Bought by
Araujo Antonio and Dlorio Gina
Seller's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
Buyer's Agent
Tracey Colucci
Century 21 Guardian Realty
List Price
$429,900
Sold Price
$468,000
Premium/Discount to List
$38,100
8.86%
Current Estimated Value
$632,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,433
Original Mortgage
$370,400
Outstanding Balance
$343,414
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2020
Sold by
Amado Michael D
Bought by
Amado Michael D and Amado Elmas

Purchase Details

Closed on
Aug 4, 1997
Sold by
Masso Gerald J and Masso Kathleen
Bought by
Amado Michael D and Amado Valerie

Purchase Details

Closed on
Nov 2, 1992
Sold by
Jodoin April E
Bought by
Masso Gerald J and Masso Kathleen
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Araujo Antonio $468,000 None Available
Amado Michael D -- None Available
Amado Michael D $142,500 --
Masso Gerald J $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araujo Antonio $370,400
Previous Owner Masso Gerald J $100,000
Previous Owner Masso Gerald J $60,000
Previous Owner Masso Gerald J $300,000
Previous Owner Masso Gerald J $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $468,000 +8.9% $260 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $429,900 -- $239 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $7,068 $446,200 $167,400 $278,800
2023 $6,840 $446,200 $167,400 $278,800
2022 $6,182 $315,900 $157,800 $158,100
2021 $6,128 $315,900 $157,800 $158,100
2020 $7,026 $315,900 $157,800 $158,100
2019 $6,221 $279,700 $134,100 $145,600
2018 $6,044 $279,700 $134,100 $145,600
2017 $5,868 $279,700 $134,100 $145,600
2016 $5,931 $277,000 $115,100 $161,900
2015 $5,770 $277,000 $115,100 $161,900
2014 $5,466 $277,000 $115,100 $161,900
2013 $5,762 $308,800 $126,500 $182,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1276543

State-Wide MLS

APN: COVE-000018-000000-000058