NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 1609 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $496,000 - $561,000

2 Beds
2 Baths
1,212 Sq Ft
$726/mo HOA Fee

Last Sold December 19, 2018

Last sale price $344,000 $284 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,973/month

8 Days on Market

Highlights

  • Ocean View
  • 4-minute walk to Wonderland Station
  • Central Heating and Cooling System
  • Wood Flooring

About This Home

As of December 2018

Panoramic views of the Atlantic ocean highlight this gleaming sixteenth floor penthouse. This sun-splashed unit is enhanced by an open concept Living-Dining room and sliders accessing a private balcony. Two generous bedrooms including an en-suite Master bedroom with stunning views as well. An updated kitchen, second full bath, hardwood floors, central air and ample storage. Additional features include deeded garage parking, indoor swimming pool, exercise room, sauna/steam room and convenience to public transportation.

Last Agent to Sell the Property

Barbara Nolan

Coldwell Banker Realty - Belmont Listed on: 09/27/2018

Coldwell Banker Realty - Belmont

Co-Listed By

Peter Bouchie

Coldwell Banker Realty - Belmont

Last Buyer's Agent

joanne fatahi

Universal Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,160

Year Built

  • Built in 1987

HOA Fees

  • $726 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Ocean Views
  • Year Round Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,160

Year Built

Built in 1987

Lot Details

0

HOA Fees

$726 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: High-Rise
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 284.65
  • Comp Based On: Net Sale Price
  • Year Built: 1987
  • Year Round: Yes
  • Unit Building: 1609
  • Unit Level: 16
  • Unit Placement: Top/Penthouse, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 15X13, Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Picture
  • Bedroom 2: On Level: First Floor, Dimension: 13X13, Flooring - Hardwood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Dimension: 11X12, Flooring - Hardwood, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 11X10, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: First Floor, Dimension: 21X13, Flooring - Hardwood, Balcony - Exterior, Open Floor Plan, Slider
  • Other Room 1: Name: Other, Dimension: 5X10, Balcony - Exterior
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: NB2983
  • Estimated Sq Ft: 1212.00

Exterior Features

  • Beach Ownership: Public
  • Waterfront: Ocean
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Stone/Concrete
  • Exterior: Stone
  • Insulation Feature: Unknown
  • Exterior Unit Features: Balcony
  • Pool Description: Indoor, Heated

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Central Heat, Gas
  • Heat Zones: 2
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Medical Facility, T-Station
  • HOA Fees: 726.00
  • Association Fee Includes: Heat, Hot Water, Water, Master Insurance, Security, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Exercise Room, Refuse Removal
  • Condo Association: Yes
  • Association Pool: Yes
  • Management: Professional - On Site, Owner Association

Association/Amenities

  • Condominium Name: Ocean Gate Tower

Lot Info

  • Assessments: 295200.00
  • Page: 312
  • Zoning: RES

Tax Info

  • Taxes: 3825.79
  • Assessor Parcel Number: 1369166

Multi Family

  • No Units: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Dec 17, 2018
Sold by
Mathews Irene A Est
Bought by
Ocean View Rt
Seller's Agent
Barbara Nolan
Coldwell Banker Realty - Belmont
Buyer's Agent
joanne fatahi
Universal Realty
List Price
$345,000
Sold Price
$344,000
Premium/Discount to List
-$1,000
-0.29%
Current Estimated Value
$520,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,649
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Apr 26, 2000
Sold by
Eramo Rt
Bought by
Mathews Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1987
Sold by
Carabetta Entps Inc
Bought by
Eramo Aldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
10.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ocean View Rt $344,000 --
Mathews Irene $170,000 --
Eramo Aldo $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eramo Aldo $105,500
Previous Owner Eramo Aldo $104,000
Previous Owner Eramo Aldo $100,000
Previous Owner Eramo Aldo $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $344,000 -0.3% $284 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $345,000 -- $285 / 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 $4,160 $458,700 $0 $458,700
2024 $4,010 $440,200 $0 $440,200
2023 $4,031 $423,900 $0 $423,900
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

  • Barbara Nolan

    Seller's Agent in 2018

    Barbara Nolan

    Coldwell Banker Realty - Belmont

    (617) 901-6900

    85 Total Sales

    Barbara Nolan
    Section Image
  • Peter Bouchie

    Seller Co-Listing Agent in 2018

    Peter Bouchie

    Coldwell Banker Realty - Belmont

    (617) 484-5300

    68 Total Sales

    Peter Bouchie
    Section Image

  • j

    Buyer's Agent in 2018

    joanne fatahi

    Universal Realty

    (781) 859-9663

    12 Total Sales

    joanne fatahi
    Section Image
See All Agents

About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72402074

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-001609

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 1609, Revere, MA

This home is located at 382 Ocean Ave Unit 1609, Revere, MA 02151 since 27 September 2018 and is currently estimated at $520,649, approximately $429 per square foot. This property was built in 1987. 382 Ocean Ave Unit 1609 is a home located in Suffolk County with nearby schools including Garfield Elementary School, Garfield Middle School, and Rumney Marsh Academy.

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