NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 603 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $373,137 - $445,000

1 Bed
1 Bath
704 Sq Ft
1987 Built

Last Sold June 14, 2015

Last sale price $211,500 $300 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,368/month

80 Days on Market

About This Home

As of June 2015

Awesome views of the ocean and Winthrop and beyond from your balcony. This mint condition condo boasts an open floor plan, and plenty of style accents. The complex includes a concierge, on site manager, indoor pool, underground parking and a community room with library. Walk two minutes to the blue line and the beach.

Last Agent to Sell the Property

Steven Betterman

Betterman Realty License #454003658 Listed on: 03/26/2015

Last Buyer's Agent

Emmanuel Scibilia

Emmanuel Scibilia

Property Details

Home Type

Condominium

Year Built

1987

Lot Details

0

Listing Details

  • Unit Level: 6
  • Unit Placement: Middle
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Has Basement: No
  • Number of Rooms: 4

Exterior Features

  • Waterfront Property: Yes

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Heat Zones: 1

Condo/Co-op/Association

  • Condominium Name: Oceangate Tower
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Security, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal
  • Management: Owner Association
  • No Units: 126
  • Unit Building: 603

Lot Info

  • Assessor Parcel Number: M:9 B:161 L:1A U:603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jun 15, 2015
Sold by
Melkeshian Hossep H and Melkeshian Rene
Bought by
Dolinchi Roman and Zheleva Teodora I
Seller's Agent
Steven Betterman
Betterman Realty
Buyer's Agent
Emmanuel Scibilia
Emmanuel Scibilia
List Price
$209,000
Sold Price
$211,500
Premium/Discount to List
$2,500
1.2%
Current Estimated Value
$401,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,418
Avg. Annual Appreciation
6.36%
Original Mortgage
$158,600
Outstanding Balance
$122,400
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$281,884

Purchase Details

Closed on
Dec 4, 1987
Sold by
Carabetta Ent Inc
Bought by
Melkeshian Hossep H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
11.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dolinchi Roman $211,500 --
Melkeshian Hossep H $99,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolinchi Roman $158,600
Previous Owner Melkeshian Hossep H $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2015 06/14/15 Sold $211,500 0.0% $300 / Sq Ft
04/01/2015 04/01/15 Off Market $211,500 -- --
03/26/2015 03/26/15 For Sale $209,000 -- $297 / 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 -- $161,400 $0 $161,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steven Betterman

    Betterman Realty

    Section Image
  • Emmanuel Scibilia

    Buyer's Agent in 2015

    Emmanuel Scibilia

    Emmanuel Scibilia

    (617) 669-6277

    27 Total Sales

    Emmanuel Scibilia
    Section Image
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About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71807054

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000603

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 603, Revere, MA

Not Listed for Sale

Condos

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