NOT LISTED FOR SALE

252 Oliphant Ln Middletown, RI 02842

Estimated Value: $914,000 - $1,534,000

8 Beds
3 Baths
3,948 Sq Ft
$289/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $355,000 $90 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $7,362/month

78 Days on Market

Highlights

  • Spa
  • Deck
  • Thermal Windows
  • 1 Acre Lot
  • Private Lot
  • 2 Car Attached Garage

About This Home

As of February 2016

A UNIQUE 2 FAMILY HOME WITH 2 APARTMENTS, 2 OVERSIZED GARAGE BAYS AND A BONUS FINISHED SPACE OVER THE GARAGE . ALL OF THIS ON AN ACRE OF LAND. ONE 3 BEDROOM UNIT AND A 5 BEDROOM WITH 2 FULL BATH. FULLY RENTED. GOOD INVESTMENT OPPORTUNITY

Last Listed By

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615 Listed on: 11/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,112

Year Built

  • Built in 1954

Lot Details

  • 1 Acre Lot
  • Private Lot
  • Secluded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Siding
  • Masonry

Interior Spaces

  • 3,948 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storm Doors
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Breezeway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 44B
  • Assessor Parcel Number 252OLIPHANTLANE.MDLT

Community Details

Overview

  • 2 Units
  • Oliphant Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,112

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Subdivision Name: OLIPHANT
  • Above Grade Finished Sq Ft: 3948.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1954
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 3948.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Construction Type: Drywall, Masonry, Wood Siding
  • Exterior Features: Breezeway, Deck, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 252OLIPHANTLANE.MDLT
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8112.0
  • Tax Lot: 44B
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Feb 26, 2016
Sold by
Huda Kathryn V
Bought by
Bell Eric S
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$479,000
Sold Price
$355,000
Premium/Discount to List
-$124,000
-25.89%
Total Days on Market
78
Current Estimated Value
$1,142,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,263
Avg. Annual Appreciation
12.10%
Original Mortgage
$248,500
Outstanding Balance
$202,073
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$819,281

Purchase Details

Closed on
Aug 15, 2006
Sold by
Younce Leslie
Bought by
Huda Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1989
Sold by
Medeiros Floriano
Bought by
Heimann Richard

Range of Values:

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Average Value
Not Available
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
Bell Eric S $355,000 --
Huda Kathryn $450,000 --
Heimann Richard $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Eric S $248,500
Previous Owner Heimann Richard $360,000
Previous Owner Heimann Richard $40,005
Previous Owner Heimann Richard $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $355,000 -25.9% $90 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $479,000 -- $121 / 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 $11,621 $1,032,100 $354,100 $678,000
2023 $7,869 $625,000 $231,300 $393,700
2022 $7,513 $625,000 $231,300 $393,700
2021 $7,513 $625,000 $231,300 $393,700
2020 $7,496 $544,800 $171,800 $373,000
2018 $7,491 $544,800 $171,800 $373,000
2016 $7,978 $517,400 $144,400 $373,000
2015 $7,782 $517,400 $144,400 $373,000
2014 $8,112 $504,800 $131,800 $373,000
2013 $7,930 $504,800 $131,800 $373,000
Source: Public Records

Agents Affiliated with this Home

  • Teri Degnan

    Seller's Agent in 2016

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    3 in this area

    143 Total Sales

    Teri Degnan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1112189

State-Wide MLS

APN: MIDD-000111-000000-000044B

Rhode Island Newport County Middletown 02842

252 Oliphant Ln, Middletown, RI

Homes for Sale in Middletown, RI

This home is located at 252 Oliphant Ln, Middletown, RI 02842 since 09 November 2015 and is currently estimated at $1,142,263, approximately $289 per square foot. This property was built in 1954. 252 Oliphant Ln is a home located in Newport County with nearby schools including Middletown High School, All Saints STEAM Academy, and The Pennfield School.

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