NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 1109 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $528,000 - $581,000

2 Beds
2 Baths
1,212 Sq Ft
$633/mo HOA Fee

Last Sold May 27, 2022

Last sale price $520,000 $429 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,857/month

4 Days on Market

Highlights

  • Ocean View
  • 4-minute walk to Wonderland Station
  • Waterfront
  • Fitness Center
  • Medical Services
  • Clubhouse

About This Home

As of May 2022

With a spectacular ocean view and steps to the Revere Beach T station is this beautiful 2 BED, 2 BATH condo. This unit features amazing open living and dinning area, large kitchen, beautiful 2 bedrooms with stunning views from 11th floor, and 2 full bathrooms. Stainless steel appliances, granite countertops and ample closets throughout. 1 deeded garage parking. Amenities include exercise room, swimming pool, sauna, concierge, on-site manager, function room and more. MGH medical center is only one block away. Malls and hotels are under construction just next the door. Close to Revere Beach, Starbucks, shops, MBTA Blue line, Route 16, 60, 1A. Come and see, don't let this rare opportunity slip away from your fingers!

Last Agent to Sell the Property

Michelle Chen

Coldwell Banker Realty - Cambridge Listed on: 05/04/2022

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Charles Vallis

Upright Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1987

Lot Details

  • Waterfront

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Ocean Views

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:9 B:161 L:1A U:1109,1369072

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, security, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 115 Units
  • High-Rise Condominium
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Sauna
  • Clubhouse
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,223

Year Built

Built in 1987

Lot Details

0

HOA Fees

$633 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1987
  • Entry Level: 11
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: N
  • Living Area: 1212
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2056
  • MAIN SO: AN4027

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Waterfront, Beach Front, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s), Fitness Center, Sauna/Steam, Clubroom, Storage
  • Association Fee: 633
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Medical Facility, Laundromat, Conservation Area, Highway Access, Private School, Public School, T-Station, University, Other
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:9 B:161 L:1A U:1109,1369072
  • Zoning: RC2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4223

Multi Family

  • Number Of Units Total: 115
  • Basement Included Sq Ft: No
  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 24, 2022
Sold by
Guo Song
Bought by
Lee Jimmy and Liu Yifan
Seller's Agent
Michelle Chen
Coldwell Banker Realty - Cambridge
Buyer's Agent
Charles Vallis
Upright Realty Group LLC
List Price
$479,900
Sold Price
$520,000
Premium/Discount to List
$40,100
8.36%
Current Estimated Value
$544,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,378
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 24, 2019
Sold by
Li Bohan
Bought by
Guo Song
Seller's Agent
Michelle Chen
Coldwell Banker Realty - Cambridge
Buyer's Agent
Ling Huang
Greatland Real Estate LLC
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 15, 2015
Sold by
Yang Dennis W and Yang Lija
Bought by
Li Bohan
Seller's Agent
Ed Deveau
Century 21 Mario Real Estate
Buyer's Agent
Ed Deveau
Century 21 Mario Real Estate
List Price
$309,900
Sold Price
$309,000
Premium/Discount to List
-$900
-0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Rybkin Vyacgeskav R
Bought by
Yang Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1995
Sold by
Casoli Jennifer M and Lawson Jennifer M
Bought by
Rybkin Vyacheslav R

Purchase Details

Closed on
Sep 27, 1989
Sold by
Somerset Sb
Bought by
Casoli Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
9.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1989
Sold by
Hibbard Lillian
Bought by
Somerset Sb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
9.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lee Jimmy $520,000 None Available
Guo Song $390,000 --
Li Bohan $309,000 --
Yang Dennis W $129,900 --
Rybkin Vyacheslav R $110,000 --
Casoli Jennifer M $142,500 --
Somerset Sb $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Somerset Sb $115,000
Previous Owner Somerset Sb $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $520,000 +8.4% $429 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $479,900 0.0% $396 / Sq Ft
07/21/2021 07/21/21 Rented $2,200 0.0% --
06/27/2021 06/27/21 For Rent $2,200 0.0% --
06/27/2021 06/27/21 Off Market $2,200 -- --
06/17/2021 06/17/21 For Rent $2,200 0.0% --
11/25/2019 11/25/19 Rented $2,200 0.0% --
11/25/2019 11/25/19 Under Contract -- -- --
10/27/2019 10/27/19 For Rent $2,200 0.0% --
10/07/2019 10/07/19 Sold $390,000 -2.3% $322 / Sq Ft View Prior Sale
09/15/2019 09/15/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $399,000 -3.9% $329 / Sq Ft
08/07/2019 08/07/19 Price Changed $415,000 -2.4% $342 / Sq Ft
07/31/2019 07/31/19 For Sale $425,000 +37.5% $351 / Sq Ft
10/15/2015 10/15/15 Sold $309,000 -0.3% $255 / Sq Ft View Prior Sale
09/04/2015 09/04/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $309,900 -- $256 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,433 $488,700 $0 $488,700
2024 $4,266 $468,300 $0 $468,300
2023 $4,096 $430,700 $0 $430,700
2022 $4,223 $406,100 $0 $406,100
2021 $4,297 $388,500 $0 $388,500
2020 $4,078 $362,200 $0 $362,200
2019 $3,698 $305,400 $0 $305,400
2018 $3,826 $295,200 $0 $295,200
2017 $3,769 $269,400 $0 $269,400
2016 $3,097 $214,300 $0 $214,300
2015 $3,172 $214,300 $0 $214,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle Chen

    Coldwell Banker Realty - Cambridge

    (617) 642-2898

    3 in this area

    13 Total Sales

    Michelle Chen
    Section Image
  • Charles Vallis

    Buyer's Agent in 2022

    Charles Vallis

    Upright Realty Group LLC

    (781) 462-5317

    1 in this area

    5 Total Sales

    Charles Vallis
    Section Image
  • Rose Hall

    Buyer's Agent in 2019

    Rose Hall

    Blue Ocean Realty, LLC

    (857) 207-7579

    2 in this area

    336 Total Sales

    Rose Hall
    Section Image
  • Ling Huang

    Buyer's Agent in 2019

    Ling Huang

    Greatland Real Estate LLC

    (978) 496-5613

    22 Total Sales

    Ling Huang
    Section Image
  • Ed Deveau

    Seller's Agent in 2015

    Ed Deveau

    Century 21 Mario Real Estate

    (617) 828-0048

    79 Total Sales

    Ed Deveau
    Section Image
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About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72976430

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-001109

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 1109, Revere, MA

Not Listed for Sale

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