NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 1501 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $506,000 - $576,000

2 Beds
2 Baths
1,251 Sq Ft
22.96 Acres

Last Sold August 20, 2018

Last sale price $409,900 $328 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,181/month

Highlights

  • Indoor Pool
  • 4-minute walk to Wonderland Station
  • Property is near public transit
  • Waterfront
  • 999,999 Sq Ft lot
  • No HOA

About This Home

As of July 2024

Embrace awe-inspiring ocean views from a double balcony in this stunningly renovated 2014 residence. An open-concept layout seamlessly connects the kitchen, dining, and living areas. Revel in upgraded custom cabinets, a kitchen island with storage and wine fridge, and elegant quartz countertops with a marble backsplash. Stainless steel appliances, including an induction cooktop, are complemented by under-cabinet lighting.Luxuriate in the custom entertainment wall with an electric fireplace and Italian tile flooring throughout. Every detail is considered, from new fixtures to switches, dimmers, and outlets. The master bedroom boasts a custom-built wardrobe and entertainment cabinet, and the guest bath features an extra-deep tub.Enjoy the convenience of garage parking and custom remote-operated blinds. With balcony access from both the master bedroom and living room, relish panoramic views. Situated next to the T-Station, this residence offers easy access to Logan Airport.

Last Agent to Rent the Property

Allan Fils-Aime

Ivy Realty Group Listed on: 06/18/2024

Last Renter's Agent

Joel Floranza

MP Signature Realty LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1987

Lot Details

  • 22.96

Parking

  • 1 Car Garage

Home Design

  • 1,251 Sq Ft Home
  • Entry on the 15th floor

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Indoor Pool
  • Waterfront
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $3,500
  • Property Available on 7/1/24
  • Rent includes heat, hot water, water, sewer, snow removal, recreational facilities, swimming pool
  • Assessor Parcel Number 1369128

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,374

Year Built

Built in 1987

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-07-01
  • Lease Term: Lease Terms(Fixed),Term of Rental(6+)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1987
  • Entry Level: 15
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator
  • Fireplace YN: No
  • Appliances: Oven, Dishwasher, Microwave, Range, Refrigerator, Freezer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Common Area, In Building
  • Living Area: 1251
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AN4225
  • MAIN SO: AN4267

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Highway Access, T-Station
  • Rent Includes: Heat, Hot Water, Water, Sewer, Snow Removal, Recreational Facilities, Swimming Pool
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1369128
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 999999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 20, 2018
Sold by
Wencis Steven J and Wencis Denise M
Bought by
Motaweh Hany
Seller's Agent
Steven Petrello
Century 21 North East
Buyer's Agent
Allan Fils-Aime
Ivy Realty Group
List Price
$409,900
Sold Price
$409,900
Current Estimated Value
$535,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,533
Avg. Annual Appreciation
3.79%
Original Mortgage
$397,603
Outstanding Balance
$345,302
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$190,131

Purchase Details

Listed on
Sep 1, 2013
Closed on
Mar 21, 2014
Sold by
Szottfried Rhona J
Bought by
Wencis Steven J and Wencis Denise M
Seller's Agent
Steven Petrello
Century 21 North East
Buyer's Agent
Steven Petrello
Century 21 North East
List Price
$269,900
Sold Price
$224,000
Premium/Discount to List
-$45,900
-17.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$179,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2013
Closed on
Mar 5, 2014
Sold by
Szottfried Louis J and Szottfried Rhona J
Bought by
Szottfried Rhona J
Seller's Agent
Steven Petrello
Century 21 North East
Buyer's Agent
Steven Petrello
Century 21 North East
List Price
$269,900
Sold Price
$224,000
Premium/Discount to List
-$45,900
-17.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1995
Sold by
Wong Kin W and Yan So H
Bought by
Szottfried Rhonda J and Szottfried Louis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1992
Sold by
Carabetta Enterprises
Bought by
Wong Kin W and Yan So H
Source: Public Records

Range of Values:

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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
Motaweh Hany $409,900 --
Wencis Steven J $224,000 --
Szottfried Rhona J -- --
Szottfried Rhonda J $90,000 --
Wong Kin W $64,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motaweh Hany $397,603
Previous Owner Wencis Steven J $179,200
Previous Owner Wong Kin W $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Rented $3,300 0.0% --
07/08/2024 07/08/24 Under Contract -- -- --
06/19/2024 06/19/24 Price Changed $3,300 -5.7% $3 / Sq Ft
06/18/2024 06/18/24 For Rent $3,500 0.0% --
08/20/2018 08/20/18 Sold $409,900 0.0% $328 / Sq Ft View Prior Sale
07/10/2018 07/10/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $409,900 +83.0% $328 / Sq Ft
03/21/2014 03/21/14 Sold $224,000 -6.6% $179 / Sq Ft View Prior Sale
02/26/2014 02/26/14 Pending -- -- --
01/31/2014 01/31/14 Price Changed $239,900 -4.0% $192 / Sq Ft
12/21/2013 12/21/13 Price Changed $249,900 -3.8% $200 / Sq Ft
10/18/2013 10/18/13 Price Changed $259,900 -3.7% $208 / Sq Ft
09/25/2013 09/25/13 For Sale $269,900 +20.5% $216 / Sq Ft
09/10/2013 09/10/13 Off Market $224,000 -- --
09/01/2013 09/01/13 For Sale $269,900 -- $216 / 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 $4,374 $482,200 $0 $482,200
2024 $4,312 $473,300 $0 $473,300
2023 $4,337 $456,000 $0 $456,000
2022 $4,495 $432,200 $0 $432,200
2021 $4,576 $413,700 $0 $413,700
2020 $4,346 $386,000 $0 $386,000
2019 $3,944 $325,700 $0 $325,700
2018 $4,081 $314,900 $0 $314,900
2017 $3,874 $276,900 $0 $276,900
2016 $3,130 $216,600 $0 $216,600
2015 $3,206 $216,600 $0 $216,600
Source: Public Records

Agents Affiliated with this Home

  • Allan Fils-Aime

    Landlord's Agent in 2024

    Allan Fils-Aime

    Ivy Realty Group

    (617) 505-8321

    21 Total Sales

    Allan Fils-Aime
    Section Image

  • J

    Tenant's Agent in 2024

    Joel Floranza

    MP Signature Realty LLC

    1 Total Sale

    Joel Floranza
    Section Image
  • Steven Petrello

    Seller's Agent in 2018

    Steven Petrello

    Century 21 North East

    (781) 820-0700

    1 in this area

    77 Total Sales

    Steven Petrello
    Section Image
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About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73254067

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-001501

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 1501, Revere, MA

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