NOT LISTED FOR SALE

Estimated Value: $474,743 - $556,000

2 Beds
2 Baths
1,057 Sq Ft
$545/mo HOA Fee

Last Sold June 14, 2019

Last sale price $375,000 $355 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,465/month

4 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Wonderland Station
  • Open Floorplan
  • In Ground Pool
  • Waterfront
  • Clubhouse

About This Home

As of June 2019

Enjoy gorgeous, panoramic views of the ocean in this two bedroom condo only steps from Revere Beach! This lovely unit at Ocean Gate Towers offers many amenities including an in-ground indoor pool, elevator, sauna/ steam room, concierge, security at desk, on-site manager, security camera system, deeded underground parking all conveniently located only steps to the beach, shopping and public transportation. This unit features central AC and gleaming hardwood floors in the open concept living/ dining area and a tidy kitchen. The two spacious bedrooms are carpeted and both have huge picture windows offering more views of the ocean. The master bedroom has its own private bath. Off of the living room is a private balcony where you can enjoy summer dining and cool ocean breezes. Shared laundry is available on each level of the building. Get in this home before summer is over! OPEN HOUSES CANCELLED DUE TO ACCEPTED OFFER.

Last Agent to Sell the Property

francesca driscoll

Redfin Corp. Listed on: 04/22/2019

Redfin Corp.

Last Buyer's Agent

The Matskevich Group

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $545 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 6th floor
  • Frame Construction

Interior Spaces

  • 1,057 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sliding Doors
  • Entrance Foyer
  • Exterior Basement Entry

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:9 B:161 L:1A U:607,1369135

Community Details

Overview

  • Association fees include water, insurance, security, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 111 Units
  • High-Rise Condominium
  • Ocean Gate Tower Condominiums Community
  • Near Conservation Area

Amenities

  • Shops
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,537

Year Built

Built in 1987

Lot Details

0

HOA Fees

$545 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: 6
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Closet, Entrance Foyer
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Range Hood, Utility Connections for Electric Range
  • 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, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Closet, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl, Open Floorplan
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Balcony / Deck, Exterior Access, Open Floorplan, Slider
  • Living Area: 1057
  • Stories Total: 1
  • MAIN LO: NB3534
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Pool Features: Association, In Ground
  • Waterfront Features: Waterfront, Beach Front, Ocean, Ocean, 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, Common, 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: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s), Fitness Center, Sauna/Steam, Clubroom
  • Association Fee: 545
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Bike Path, Conservation Area, T-Station
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:9 B:161 L:1A U:607,1369135
  • Zoning: RC2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3537

Multi Family

  • Number Of Units Total: 111

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 31, 2019
Sold by
Woo Jeffrey C
Bought by
Patel Ketan
Seller's Agent
francesca driscoll
Redfin Corp.
Buyer's Agent
The Matskevich Group
William Raveis R.E. & Home Services
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$493,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,480
Avg. Annual Appreciation
4.52%
Original Mortgage
$281,250
Outstanding Balance
$247,288
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$252,398

Purchase Details

Closed on
Aug 4, 1998
Sold by
George Colonna Ft
Bought by
Woo Frances B and Reve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
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
Patel Ketan $375,000 --
Woo Frances B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Ketan $281,250
Previous Owner Woo Frances B $95,000
Previous Owner Woo Frances B $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $375,000 0.0% $355 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $375,000 -- $355 / 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 $3,984 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72485481

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000607