NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 1207 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $496,000 - $512,033

2 Beds
2 Baths
1,001 Sq Ft
$501/Sq Ft Est. Value

Last Sold October 12, 2020

Last sale price $400,000 $400 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,128/month

About This Home

As of October 2020

Have you considered what it would be like to wake up overlooking the ocean for every sunrise & sunset? With this 12th floor apartment with beach facing balcony and windows, you will be more than impressed with what you can experience when you have the perfect location! Situated on Revere Beach just minutes from the Blue line and downtown, this wonderful 2 bedroom 2 bath apartment is a perfect way to get away from it all without being too far away from it! This unit comes with a private balcony, great layout with a large living, kitchen & dining space. Huge main bedroom with en suite, as well as a large second bedroom that could also be used as a great-sized office. You get a full concierge, 1 garage parking space, and a pool and gym on site all included in the rent. Heat and hot water as well as A/C included in the rent. Laundry located just down the hall past the elevators. Walls freshly painted, deep clean, and new floors installed prior to move-in. Not pets will be permitted.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
Oct 2, 2020
Sold by
Zimbovsky Ft
Bought by
Burra Arun and Burra Ratnabala
Seller's Agent
Jeffery Wallace
Coldwell Banker Realty - Boston
Buyer's Agent
Jeffery Wallace
Coldwell Banker Realty - Boston
Sold Price
$2,000
Current Estimated Value
$501,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,758
Avg. Annual Appreciation
4.86%
Original Mortgage
$300,000
Outstanding Balance
$270,427
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$229,473

Purchase Details

Closed on
Mar 15, 2012
Sold by
Zimbovsky Yefim S
Bought by
Zimbovsky Ft

Purchase Details

Closed on
Jun 30, 2005
Sold by
Delory Joan M
Bought by
Zimbovsky Yefim S

Purchase Details

Closed on
Oct 1, 2003
Sold by
Sateriale Maureen A
Bought by
Delory Joan M

Purchase Details

Closed on
Sep 3, 1997
Sold by
Anastasi Peter J
Bought by
Sateriale Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1990
Sold by
Wesley Dev Rt
Bought by
Anastasi Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
10.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1987
Sold by
Carabetta Entpr Inc
Bought by
Wesley Dev Rt
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Burra Arun $400,000 None Available
Zimbovsky Ft -- --
Zimbovsky Yefim S $307,750 --
Delory Joan M $250,000 --
Sateriale Maureen A $119,000 --
Anastasi Peter J $115,000 --
Wesley Dev Rt $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burra Arun $300,000
Previous Owner Wesley Dev Rt $108,000
Previous Owner Wesley Dev Rt $95,200
Previous Owner Wesley Dev Rt $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Rented $2,000 0.0% --
10/12/2020 10/12/20 Sold $400,000 0.0% $377 / Sq Ft
10/11/2020 10/11/20 For Rent $2,000 0.0% --
08/24/2020 08/24/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $425,000 -- $401 / Sq Ft

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 $3,987 $439,600 $0 $439,600
2024 $3,841 $421,600 $0 $421,600
2023 $3,861 $406,000 $0 $406,000
2022 $4,038 $388,300 $0 $388,300
2021 $4,110 $371,600 $0 $371,600
2020 $3,903 $346,600 $0 $346,600
2019 $3,541 $292,400 $0 $292,400
2018 $3,664 $282,700 $0 $282,700
2017 $3,612 $258,200 $0 $258,200
2016 $2,972 $205,700 $0 $205,700
2015 $3,044 $205,700 $0 $205,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeffery Wallace

    Coldwell Banker Realty - Boston

  • M

    Seller's Agent in 2020

    Mark Giuliano

    Premier Property Solutions

    (617) 821-4519

    1 in this area

    3 Total Sales

    Mark Giuliano
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About Ocean Gate Tower

Map

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 1207, Revere, MA

This home is located at 382 Ocean Ave Unit 1207, Revere, MA 02151 and is currently estimated at $501,758, approximately $501 per square foot. 382 Ocean Ave Unit 1207 is a home located in Suffolk County with nearby schools including Garfield Elementary School, Garfield Middle School, and Rumney Marsh Academy.

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.

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