NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 204 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $374,000 - $432,000

1 Bed
1 Bath
704 Sq Ft
1987 Built

Last Sold November 30, 2016

Last sale price $228,000 $324 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,343/month

8 Days on Market

About This Home

As of November 2016

Highly desirable location on gorgeous Revere Beach at Ocean Gate Tower, just a short walk to Wonderland T blue line! Unit 204 is a meticulously maintained corner unit on the second floor offering a bright open floor plan. The main living area features gleaming hardwood flooring, open kitchen, and lovely private balcony with ocean views and breezes. Good sized bedroom and bath, plenty of storage space. This 114 unit luxury complex is a thriving hub for the discerning first time home buyer or down sizer alike. Amenities include concierge, fitness center, sauna, year round indoor pool, community center, on site manager, elevators and a 2 story foyer to welcome you home each day. The super low condo fee includes heat, hot water, and central air. Includes one garaged parking space.

Last Agent to Sell the Property

Eileen Lorway

Redfin Corp. Listed on: 10/05/2016

Last Buyer's Agent

Connie Wu-Liang

V & E Realty

Property Details

Home Type

Condominium

Year Built

1987

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper, Corner
  • Property Type: Condominium/Co-Op
  • Handicap Access: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Tile, Hardwood
  • Kitchen: 10X7
  • Living Room: 13X14
  • Master Bedroom: 10X13
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: 9X10
  • No Living Levels: 1

Exterior Features

  • Waterfront Property: Yes
  • Construction: Stone/Concrete
  • Exterior: Stone
  • Exterior Unit Features: Balcony
  • Waterfront: Ocean
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 0

Utilities

  • Cooling: Heat Pump, Individual, Unit Control
  • Heating: Central Heat, Heat Pump, Electric, Individual, Unit Control
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Ocean Gate Tower
  • Association Fee Includes: Heat, Hot Water, Master Insurance, Security, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Exercise Room, Sauna/Steam, Clubroom, Extra Storage, Refuse Removal, Air Conditioning
  • Association Security: Intercom, Security Gate, Concierge
  • Management: Professional - On Site
  • Pets Allowed: No
  • No Units: 114
  • Unit Building: 204

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:9 B:161 L:1A U:204
  • Zoning: RC2

Multi Family

  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Nov 30, 2016
Sold by
Krieche Issam and Krieche Lynn M
Bought by
Ou Li L
Seller's Agent
Eileen Lorway
Redfin Corp.
Buyer's Agent
Connie Wu-Liang
V & E Realty
List Price
$224,900
Sold Price
$228,000
Premium/Discount to List
$3,100
1.38%
Current Estimated Value
$397,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,154
Avg. Annual Appreciation
6.31%
Original Mortgage
$130,000
Outstanding Balance
$104,973
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$291,092

Purchase Details

Closed on
Oct 1, 2012
Sold by
Krieche Fouad and Krieche Laverne R
Bought by
Krieche Issam and Krieche Lynn M

Purchase Details

Closed on
Jan 21, 2000
Sold by
Nistorenko Patricia D
Bought by
Krieche Fouad

Purchase Details

Closed on
Dec 18, 1997
Sold by
Fernandez Joseph
Bought by
Nistorenko Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,300
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1996
Sold by
Sordillo Alfred L
Bought by
Fernandez Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,375
Interest Rate
8.27%
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
Ou Li L $228,000 --
Krieche Issam $140,000 --
Krieche Fouad $105,000 --
Nistorenko Patricia D $83,500 --
Fernandez Joseph $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Li L $130,000
Previous Owner Fernandez Joseph $79,300
Previous Owner Fernandez Joseph $54,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $228,000 +1.4% $324 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $224,900 -- $319 / 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 $3,120 $344,000 $0 $344,000
2024 $3,014 $330,900 $0 $330,900
2023 $3,028 $318,400 $0 $318,400
2022 $3,190 $306,700 $0 $306,700
2021 $3,245 $293,400 $0 $293,400
2020 $3,078 $273,400 $0 $273,400
2019 $2,790 $230,400 $0 $230,400
2018 $2,886 $222,700 $0 $222,700
2017 $2,841 $203,100 $0 $203,100
2016 $2,332 $161,400 $0 $161,400
2015 $2,389 $161,400 $0 $161,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eileen Lorway

    Redfin Corp.

  • C

    Buyer's Agent in 2016

    Connie Wu-Liang

    V & E Realty

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About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72077174

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000204

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 204, Revere, MA

Not Listed for Sale

Condos

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