NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 409 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $440,000 - $532,000

2 Beds
2 Baths
1,212 Sq Ft
$518/mo HOA Fee

Last Sold September 27, 2024

Last sale price $500,000 $413 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,460/month

49 Days on Market

Highlights

  • Ocean View
  • 4-minute walk to Wonderland Station
  • Waterfront
  • Fitness Center
  • Medical Services
  • Open Floorplan

About This Home

As of September 2024

BACK ON MARKET, BUYERS UNABLE TO OBTAIN FINANCING! YOU'LL BE THE ENVY OF EVERYONE Living in this Beautiful Ocean Front Condo with its Spectacular View! Open Floor Plan allows the Amazing View to Greet you as you enter your unit. Step onto the Balcony and Breathe in the Ocean Air. Updates include New Windows, Slider and Kitchen Appliances. Mstr bathroom has Shower Enclosure. Large 2nd bedrm with WxW Carpet and plenty of closet space Wake up to Amazing Sun Rises. Great way to start your day enjoying your morning coffee on your balcony overlooking the Atlantic. Living at Ocean Gate Condominiums you'll have Heated Pool, Gym, Sauna & Banquet Room to host family gatherings. This Complex is conveniently located within walking distance to Wonderland or Revere Beach MBTA Blue line for a quick ride into Boston. No need to have a car, but garage parking if you do! Stroll to the local Eateries on the Plaza Deck of Waterfront Square and enjoy the Ambiance,.

Last Agent to Sell the Property

Jodi DiLorenzo

Century 21 North East Listed on: 06/11/2024

Century 21 North East

Last Buyer's Agent

Abdelilah Nasri

Centre Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $518 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Home Security

  • Security Gate
  • Intercom

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:9 B:161 L:1A U:409,1369071

Community Details

Overview

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

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,010

Year Built

Built in 1987

Lot Details

0

HOA Fees

$518 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1987
  • Entry Level: 4
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Entry Location: Unit Placement(Front)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub
  • Room Dining Room Features: Flooring - Wall to Wall Carpet
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Open Floorplan
  • Laundry Features: Common Area
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Balcony - Exterior, Open Floorplan
  • Basement: N
  • Living Area: 1212
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Storm Window(s)
  • MAIN LO: AN4339
  • MAIN SO: BB5200

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: 2+ Common Walls
  • Home Warranty YN: No
  • Waterfront Features: Waterfront, Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: 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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom, Security Gate
  • 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, Clubroom, Storage
  • Association Fee: 518
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:9 B:161 L:1A U:409,1369071
  • Zoning: RC2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4010

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Sep 10, 2024
Sold by
Shuman Randy M and Shuman Gary
Bought by
Amine Mustafa
Seller's Agent
Jodi DiLorenzo
Century 21 North East
Buyer's Agent
Abdelilah Nasri
Centre Realty Group
List Price
$500,000
Sold Price
$500,000
Views
45
Current Estimated Value
$494,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,114
Avg. Annual Appreciation
-0.86%

Purchase Details

Closed on
May 19, 2015
Sold by
Shuman Shirley
Bought by
Shuman Shirley and Shuman Randy M

Purchase Details

Closed on
Sep 29, 1987
Sold by
Carabetta Ent Inc
Bought by
Shuman Gerald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
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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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
Amine Mustafa $500,000 None Available
Amine Mustafa $500,000 None Available
Shuman Shirley -- --
Shuman Shirley -- --
Shuman Gerald H $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shuman Gerald H $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $500,000 0.0% $413 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $500,000 0.0% $413 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $500,000 -- $413 / 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 -- $214,300 $0 $214,300
Source: Public Records

Agents Affiliated with this Home

  • Jodi DiLorenzo

    Seller's Agent in 2024

    Jodi DiLorenzo

    Century 21 North East

    (781) 853-9506

    3 in this area

    30 Total Sales

    Jodi DiLorenzo
    Section Image

  • A

    Buyer's Agent in 2024

    Abdelilah Nasri

    Centre Realty Group

    (774) 216-0531

    1 in this area

    1 Total Sale

    Abdelilah Nasri
    Section Image
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About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250548

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000409

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 409, Revere, MA

Not Listed for Sale

Condos

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