A better way to keep track of magic items

I have been designing a magic item card template to use with my D&D group. Eventually the template will be part of a suite of useful tools for DM's and players alike. There were quite a few problems with my first version which I have posted below:

The main issue I had with it was there not enough space to display all the information I needed to. My next attempt was a large improvement.

 I'm sure I will have to make more revisions in the future, but for now this will do.

~James