RENTED AUG 30, 2025

480 Oliphant Ln Middletown, RI 02842

Estimated Value: $561,000 - $807,000

2 Beds
1 Bath
900 Sq Ft
$773/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • Cape Cod Architecture
  • Balcony
  • 2.25 Acre Lot
  • No HOA
  • Porch

About This Home

As of August 2025

This Beautifully remodeled 2-bedroom home is a perfect blend of comfort and convenience in the heart of Middletown.Centrally located, you are minutes away from shopping, restaurants, beaches and the Navy base. Set on over 2 acres of land you will enjoy this oversize yard ideal for entertaining or simply enjoying the peace and quiet. The inside features fresh paint, new kitchen cabinets, granite counters and stainless steel appliances, new bathroom, new flooring and big new windows. Plenty of storage with walk-up attic and laundry hook-ups in the basement.

Last Agent to Rent the Property

Timothy Smith

RE/MAX Profnl. Newport, Inc. License #RES.0049265 Listed on: 06/25/2025

RE/MAX Profnl. Newport, Inc.

Last Renter's Agent

Timothy Smith

RE/MAX Profnl. Newport, Inc. License #RES.0049265 Listed on: 06/25/2025

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1974

Lot Details

  • 2.25

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Additional Features

  • 2.25 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 7/1/25
  • 12 Month Lease Term
  • Assessor Parcel Number 480OLIPHANTLANEMDLT

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

1974

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-07-01
  • Security Deposit: 2900.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 2.25
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Pets No Pets Comments: Small Dogs (under 25 lbs.)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Exhaust Fan, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: None
  • Flooring: Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 900.0
  • Stories: 1

Exterior Features

  • Construction Type: Drywall, Shingle Siding, Vinyl Siding
  • Exterior Features: Balcony, Porch
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 480OLIPHANTLANEMDLT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2009
Sold by
Chase Frederick J
Bought by
Chase Mary C
Current Estimated Value
$695,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,800
Outstanding Balance
$120,660
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$575,088
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chase Mary C $274,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Mary C $191,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2025 08/30/25 Rented $2,700 0.0% --
08/21/2025 08/21/25 Price Changed $2,700 -6.9% $3 / Sq Ft
06/25/2025 06/25/25 For Rent $2,900 -- --
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
2025 $6,341 $537,800 $317,200 $220,600
2024 $6,056 $537,800 $317,200 $220,600
2023 $4,493 $356,900 $187,800 $169,100
2022 $4,290 $356,900 $187,800 $169,100
2021 $4,290 $356,900 $187,800 $169,100
2020 $4,098 $297,800 $165,900 $131,900
2018 $4,095 $297,800 $165,900 $131,900
2016 $4,114 $266,800 $126,900 $139,900
2015 $4,013 $266,800 $126,900 $139,900
2014 $4,251 $264,500 $116,900 $147,600
2013 $4,155 $264,500 $116,900 $147,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2025

    Timothy Smith

    RE/MAX Profnl. Newport, Inc.

    (401) 662-2442

    Timothy Smith
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1388626

State-Wide MLS

APN: MIDD-000117-000000-000012

Rhode Island Newport County Middletown 02842

480 Oliphant Ln, Middletown, RI

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.

Nearby Homes