NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 403 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $390,456 - $581,000

1 Bed
1 Bath
704 Sq Ft
$376/mo HOA Fee

Last Sold October 30, 2017

Last sale price $242,000 $344 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,980/month

8 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Wonderland Station
  • Landscaped Professionally
  • Indoor Pool
  • Waterfront
  • Property is near public transit

About This Home

As of October 2017

Beautifully situated, large, open concept unit at Ocean Gate Towers! This 4th floor unit offers the tranquility of gorgeous ocean views from its own private balcony! Corner kitchen with large dining and living areas. Ceramic tile floor throughout. The studio-style, open concept of this unit makes it one of the uniquest in the building and offers a wonderful opportunity for endless possibilities. This beautifully maintained complex offers side garage parking, in-ground swimming pool, fitness room, private function room, on-site management and security! Enjoy care free condo life while being just steps from Revere Beach! Just a short walk to the MBTA Blue Line for a commute to Boston taking only minutes! OFFERS DUE MON., SEPT 18TH BY 5 PM.

Last Agent to Sell the Property

Michelle Kelley

Michelle Kelley Realty, LLC Listed on: 09/11/2017

Last Buyer's Agent

Gene Hashkes

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $376 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 4th floor
  • Rubber Roof
  • Stone

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

Outdoor Features

  • Walking Distance to Water
  • Balcony

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number M:9 B:161 L:1A U:403,1369107

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, air conditioning
  • 126 Units
  • High-Rise Condominium
  • Ocean Gate Tower Community

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,841

Year Built

Built in 1987

Lot Details

0

HOA Fees

$376 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1987
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Living Area: 704
  • Stories Total: 1
  • MAIN LO: NB4126
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Balcony, Professional Landscaping
  • Construction Materials: Stone
  • Pool Features: Association, In Ground, Indoor
  • Roof: Rubber
  • Waterfront Features: Waterfront, Beach Front, Ocean, Ocean, Walk to, 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, Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s), Fitness Center
  • Association Fee: 376
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Pool, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:9 B:161 L:1A U:403,1369107
  • Zoning: RC2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2841

Multi Family

  • Number Of Units Total: 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Oct 30, 2017
Sold by
Wenger Ethan R
Bought by
Chapel Juan R
Seller's Agent
Michelle Kelley
Michelle Kelley Realty, LLC
Buyer's Agent
Gene Hashkes
William Raveis R.E. & Home Services
List Price
$234,999
Sold Price
$242,000
Premium/Discount to List
$7,001
2.98%
Current Estimated Value
$446,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,114
Avg. Annual Appreciation
7.83%
Original Mortgage
$193,600
Outstanding Balance
$161,927
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$284,187

Purchase Details

Closed on
Jun 29, 2004
Sold by
Giardina Michael
Bought by
Wenger Ethan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,850
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Gharibian Yevgine
Bought by
Giardina Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Hart Peter F
Bought by
York Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
6.39%
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
Chapel Juan R $242,000 --
Wenger Ethan R $241,000 --
Giardina Michael $165,000 --
York Marilyn $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapel Juan R $193,600
Previous Owner York Marilyn $204,850
Previous Owner York Marilyn $132,000
Previous Owner York Marilyn $154,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $242,000 +3.0% $344 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $234,999 -- $334 / 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 $3,172 $349,700 $0 $349,700
2024 $3,066 $336,500 $0 $336,500
2023 $3,079 $323,800 $0 $323,800
2022 $3,246 $312,100 $0 $312,100
2021 $3,301 $298,500 $0 $298,500
2020 $3,131 $278,100 $0 $278,100
2019 $2,836 $234,200 $0 $234,200
2018 $2,934 $226,400 $0 $226,400
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

  • Michelle Kelley

    Seller's Agent in 2017

    Michelle Kelley

    Michelle Kelley Realty, LLC

    (781) 854-1717

    18 Total Sales

    Michelle Kelley
    Section Image
  • Gene Hashkes

    Buyer's Agent in 2017

    Gene Hashkes

    William Raveis R.E. & Home Services

    (617) 270-9040

    80 Total Sales

    Gene Hashkes
    Section Image
See All Agents

About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72226460

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000403

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 403, Revere, MA

Not Listed for Sale

Condos

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