Seller's Agent in 2021
Bryan Ruocco
LPT Realty, LLC
(781) 576-9284
1 in this area
28 Total Sales
Ocean Gate Tower 382 Ocean Ave Unit 407 Floor 4 Revere, MA 02151
Crescent Beach NeighborhoodEstimated Value: $490,000 - $533,000
2
Beds
2
Baths
1,057
Sq Ft
$500/mo
HOA Fee
About This Home
As of December 2021This is an opportunity to own your own oceanfront condo investment property! Take a short walk across the street and be on the beach in minutes! Enjoy the beautiful deck overlooking the ocean and enjoy your morning coffee. Convenient to shopping, Wonderland T Station, entertainment and dining. This lovely 2 bedroom, 2 bath condo offers 1,057 square feet of living space and several amenities such as an in-ground pool, fitness room, sauna/steam room, concierge/security and central AC. Condo fee includes heat and hot water. One deeded parking spot in the garage. TAW Will be delivered with tenant. Current Rent: $1950/month Showings start at first open house.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,984
Year Built
- 1987
HOA Fees
- $500 per month
Parking
- 1
Utilities
- 1 Cooling Zone
- 1 Heating Zone
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2022
Sold by
Qafoku Jonida and Qafoku Marenglen
Bought by
Qafoku Jonida
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,900
Outstanding Balance
$330,626
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$180,144
Purchase Details
Listed on
Sep 10, 2021
Closed on
Dec 13, 2021
Sold by
North Shore Res Llc
Bought by
Mance Bashkim and Davtian Armen
Seller's Agent
Bryan Ruocco
LPT Realty, LLC
Buyer's Agent
Bryan Ruocco
LPT Realty, LLC
List Price
$390,000
Sold Price
$360,000
Premium/Discount to List
-$30,000
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$342,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2016
Sold by
R 407 Rt and Scarpato
Bought by
North Shore Residentia
Purchase Details
Closed on
Aug 25, 1987
Sold by
Carabetta Ent Inc
Bought by
Scarpato Roy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
10.29%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qafoku Jonida | -- | None Available | |
| Qafoku Jonida | -- | None Available | |
| Mance Bashkim | $360,000 | None Available | |
| North Shore Residentia | $294,500 | -- | |
| Scarpato Roy J | $118,650 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Qafoku Jonida | $346,900 | |
| Closed | Qafoku Jonida | $346,900 | |
| Previous Owner | Mance Bashkim | $342,000 | |
| Previous Owner | Scarpato Roy J | $106,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2021 12/13/21 | Sold | $360,000 | -7.7% | $341 / Sq Ft |
| 09/15/2021 09/15/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $390,000 | -- | $369 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,984 | $439,300 | $0 | $439,300 |
| 2024 | $3,837 | $421,200 | $0 | $421,200 |
| 2023 | $3,858 | $405,700 | $0 | $405,700 |
| 2022 | $4,034 | $387,900 | $0 | $387,900 |
| 2021 | $4,107 | $371,300 | $0 | $371,300 |
| 2020 | $3,899 | $346,300 | $0 | $346,300 |
| 2019 | $3,537 | $292,100 | $0 | $292,100 |
| 2018 | $3,660 | $282,400 | $0 | $282,400 |
| 2017 | $3,609 | $258,000 | $0 | $258,000 |
| 2016 | $2,969 | $205,500 | $0 | $205,500 |
| 2015 | $3,041 | $205,500 | $0 | $205,500 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Ruocco
About Ocean Gate Tower
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72893030
APN: REVE-000009-000161-000001A-000407
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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