5 Rustic Way Coventry, RI 02816
Estimated Value: $601,000 - $680,000
4
Beds
2.5
Baths
1,798
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Colonial Architecture
- Corner Lot
- Solar Power System
- Wood Flooring
- Tennis Courts
About This Home
As of May 2021Contemporary 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
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,483
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
Similar Homes in Coventry, 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 | 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
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
-
Spectrum Real Estate Consultants T
Seller's Agent in 2021
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
(401) 333-4900
17 in this area
404 Total Sales
-
Tracey Colucci
T
Buyer's Agent in 2021
Tracey Colucci
Century 21 Guardian Realty
(401) 480-4484
22 in this area
57 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1276543
APN: COVE-000018-000000-000058
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