$14,500,000
SOLD SEP 16, 2025

390 Ocean Rd Narragansett, RI 02882

4 Beds
4.5 Baths
9,154 Sq Ft
1.99 Acres

Recently Sold

$1,584 Per Sq Ft

0 Day on Market

Highlights

  • 1.99 Acre Lot
  • Colonial Architecture
  • Attic
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • 3 Fireplaces

About This Home

As of September 2025

Sold Before Print

Last Agent to Sell the Property

Kimberly Marion

Engel & Volkers Oceanside License #RES.0042828 Listed on: 09/16/2025

Engel & Volkers Oceanside

Last Buyer's Agent

Kimberly Marion

Engel & Volkers Oceanside License #RES.0042828 Listed on: 09/16/2025

Engel & Volkers Oceanside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,640

Year Built

  • Built in 1986

Lot Details

  • 1.99 Acre Lot
  • Property is zoned R-80

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot B3
  • Assessor Parcel Number 390OCEANRDNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,640

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.99
  • Above Grade Finished Sq Ft: 6533.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2621.0
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic
  • Living Area: 9154.0
  • Stories: 2

Exterior Features

  • Construction Type: Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 86684.0
  • Parcel #: 390OCEANRDNARR
  • Zoning: R-80

Tax Info

  • Tax Annual Amount: 44640.0
  • Tax Lot: B3
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2025
Closed on
Sep 11, 2025
Sold by
Mark B Decof Ret and Decof
Bought by
390 Ocean Rd Llc
Seller's Agent
Kimberly Marion
Engel & Volkers Oceanside
Buyer's Agent
Kimberly Marion
Engel & Volkers Oceanside
List Price
$14,500,000
Sold Price
$14,500,000
Views
2
Current Estimated Value
$8,292,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,207,592
Avg. Annual Appreciation
-82.56%

Purchase Details

Closed on
Sep 3, 2024
Sold by
Decof Mark B and Decof Erica M
Bought by
Mark B Decof Ret 2004 and Decof

Purchase Details

Closed on
Nov 8, 1991
Sold by
Higgins Margaret J
Bought by
Decoff Mark B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
8.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $14,500,000 --
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $1,000,000 --
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $975,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2025 09/16/25 Sold $14,500,000 0.0% $1,584 / Sq Ft
09/16/2025 09/16/25 For Sale $14,500,000 -- $1,584 / 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
2025 $46,275 $6,815,200 $3,947,300 $2,867,900
2024 $44,640 $6,815,200 $3,947,300 $2,867,900
2023 $44,768 $4,808,600 $3,000,700 $1,807,900
2022 $43,277 $4,808,600 $3,000,700 $1,807,900
2021 $42,604 $4,808,600 $3,000,700 $1,807,900
2020 $47,309 $4,514,200 $2,588,200 $1,926,000
2019 $46,180 $4,514,200 $2,588,200 $1,926,000
2018 $44,916 $4,514,200 $2,588,200 $1,926,000
2017 $47,794 $4,525,900 $2,539,500 $1,986,400
2016 $45,621 $4,525,900 $2,539,500 $1,986,400
2015 $44,987 $4,525,900 $2,539,500 $1,986,400
2014 $46,115 $4,593,100 $2,539,500 $2,053,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1395073

State-Wide MLS

APN: NARR-000026-F000000-B000003