NOT LISTED FOR SALE

5 Rustic Way Coventry, RI 02816

Estimated Value: $587,000 - $638,000

4 Beds
2.5 Baths
1,798 Sq Ft
$343/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2021

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

Est. 32% increase in value since last sale

Current estimated payment $3,918 / mo

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

  • 21,344 Sq Ft 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

0.49 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 10, 2021
Sold by
Bought by
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
$616,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,191
Avg. Annual Appreciation
5.52%
Original Mortgage
$370,400
Outstanding Balance
$332,806
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,385

Purchase Details

Closed on
Aug 24, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1992
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$468,000 None Available
-- None Available
$142,500 --
$144,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,064 $439,000 $167,400 $271,600
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

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Map

Source: State-Wide MLS

MLS Number: 1276543

State-Wide MLS

APN: COVE-000018-000000-000058

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