NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 1602 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $497,000 - $548,000

2 Beds
2 Baths
1,060 Sq Ft
$713/mo HOA Fee

Last Sold June 13, 2023

Last sale price $479,900 $453 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,759/month

3 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Wonderland Station
  • Waterfront
  • Heated Indoor Pool
  • Medical Services
  • Property is near public transit

About This Home

As of June 2023

Come see this Revere Beach condo with non obstructed beach views. This sixteenth floor corner unit faces the ocean and boast 1060 square feet of living area with an open floor plan. It has 5 rooms, 2 beds, 2 full baths, ample closet space and a deeded garage parking spot. The amenities of the building include heated indoor pool, a gym, and saunas. This prime location is minutes to MBTA Blue line for easy access to Boston and Logan Airport. The condo fee includes heat, gas, central air condition, hot water and master insurance as well. The unit also has newer stainless steel appliances such as the stove, microwave, and dishwasher. First showings begin at open houses May 6 from 1 pm to 2:30 pm and May 7 from 3 pm to 4:30 pm. Offers due Monday May 8 @ 5 pm.

Last Agent to Sell the Property

Anthony Verdone

Century 21 North East Listed on: 05/04/2023

Century 21 North East

Last Buyer's Agent

Alexandra Baillargeon

Chinatti Realty Group, Inc.

Chinatti Realty Group, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1987

HOA Fees

  • $713 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Guest Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 1369152

Community Details

Overview

  • Association fees include heat, gas, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, air conditioning, reserve funds
  • 114 Units
  • High-Rise Condominium
  • Ocean Gate Community

Amenities

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

Recreation

  • Fitness Center
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,861

Year Built

Built in 1987

Lot Details

0

HOA Fees

$713 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1987
  • Entry Level: 16
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: Common Area, In Building
  • Basement: N
  • Living Area: 1060
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4339
  • MAIN SO: AN7396

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty YN: No
  • Pool Features: Association, In Ground, Indoor, Heated
  • Waterfront Features: Waterfront, Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Deeded, Off Street, Guest

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s), Fitness Center, Sauna/Steam, Storage
  • Association Fee: 713
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds

Lot Info

  • Parcel Number: 1369152
  • Zoning: RC2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3861

Multi Family

  • Number Of Units Total: 114
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 13, 2023
Sold by
Wallace Ft and Hizer
Bought by
Oliveira Ronald C
Seller's Agent
Anthony Verdone
Century 21 North East
Buyer's Agent
Alexandra Baillargeon
Chinatti Realty Group, Inc.
List Price
$479,900
Sold Price
$479,900
Views
96
Current Estimated Value
$513,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,415
Avg. Annual Appreciation
2.74%
Original Mortgage
$229,900
Outstanding Balance
$222,999
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,316

Purchase Details

Closed on
Aug 22, 2018
Sold by
Wallace Adrienne E
Bought by
Wallace Ft and Wallace

Purchase Details

Closed on
Jun 7, 1994
Sold by
Badolato Richard A and Badolato Sheila A
Bought by
Wallace Adrienne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1987
Sold by
Carabetta Entp Inc
Bought by
Badolato Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oliveira Ronald C $479,900 None Available
Wallace Ft -- --
Wallace Adrienne E $100,000 --
Badolato Richard A $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Ronald C $229,900
Previous Owner Badolato Richard A $95,000
Previous Owner Badolato Richard A $149,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $479,900 0.0% $453 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $479,900 -- $453 / 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 $4,252 $468,800 $0 $468,800
2024 $4,089 $448,800 $0 $448,800
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

  • Anthony Verdone

    Seller's Agent in 2023

    Anthony Verdone

    Century 21 North East

    (617) 605-9508

    1 in this area

    25 Total Sales

    Anthony Verdone
    Section Image

  • A

    Buyer's Agent in 2023

    Alexandra Baillargeon

    Chinatti Realty Group, Inc.

    Section Image
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About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73107495

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-001602

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 1602, Revere, MA

Not Listed for Sale

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