Seller's Agent in 2022
Kenny Celano
Turn Key Realty
(781) 264-3992
13 in this area
92 Total Sales
Ocean Gate Tower 382 Ocean Ave Unit 703 Revere, MA 02151
Crescent Beach NeighborhoodEstimated Value: $377,803 - $404,000
1
Bed
1
Bath
704
Sq Ft
1987
Built
Highlights
- Fitness Center
- 4-minute walk to Wonderland Station
- Waterfront
- Medical Services
- In Ground Pool
- Property is near public transit
About This Home
As of July 2022*****Attention investors/ First Time Homebuyers***** Newly Listed 1 Bed 1 Bath with exceptional ocean views JUST STEPS to the BLUE LINE T STATION, DRYFT, STARBUCKS, FINE LINE, MISSION BEACH HOUSE RESTAURANT AND REVERE BEACH. ****LOW CONDO FEE INCLUDES CENTRAL HEAT/AC/WATER/HOT WATER and more***** This unit boasts an OPEN FLOOR PLAN w/ ceramic tile , appliances and private balcony overlooking the Atlantic Ocean. Simply add PAINT, Carpet and Appliances and you are well on your way to building EQUITY!!! Building amenities include DEEDED garage parking, indoor pool and fitness center, GUEST parking in FRONT, private function room, On-site property manager, Dry Cleaners on Ground Level &MUCH MORE!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,190
Year Built
- Built in 1987
Lot Details
- Waterfront
- Two or More Common Walls
Parking
- 1 Car Garage
Home Design
- Entry on the 7th floor
- Rubber Roof
- Stone
Interior Spaces
- 704 Sq Ft Home
- 1-Story Property
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Pool
- In Ground Pool
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number M:9 B:161 L:1A U:703,1369066
Community Details
Overview
- Property has a Home Owners Association
- Association fees include heat, gas, water, sewer, insurance, security, maintenance structure, road maintenance, ground maintenance, trash, air conditioning, reserve funds
- 111 Units
- High-Rise Condominium
Amenities
- Medical Services
- Shops
- Laundry Facilities
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2022
Closed on
Jul 29, 2022
Sold by
Tatum Kathleen M
Bought by
Verrill David and Verrill Kenneth
Seller's Agent
Kenny Celano
Turn Key Realty
Buyer's Agent
Kenny Celano
Turn Key Realty
List Price
$379,900
Sold Price
$330,000
Premium/Discount to List
-$49,900
-13.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,201
Avg. Annual Appreciation
5.58%
Original Mortgage
$305,000
Outstanding Balance
$291,451
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,750
Purchase Details
Closed on
Jul 23, 1997
Sold by
Bablouzian Barkev and Bablouzian Salpi
Bought by
Tatum Kathleen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 1988
Sold by
Carabetta Entrprs
Bought by
Bablouzian Barkev
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
10.32%
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 |
|---|---|---|---|
| Verrill David | $330,000 | None Available | |
| Tatum Kathleen M | $70,950 | -- | |
| Bablouzian Barkev | $102,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Verrill David | $305,000 | |
| Previous Owner | Bablouzian Barkev | $54,100 | |
| Previous Owner | Bablouzian Barkev | $41,000 | |
| Previous Owner | Bablouzian Barkev | $57,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $330,000 | -8.3% | $469 / Sq Ft |
| 06/09/2022 06/09/22 | Pending | -- | -- | -- |
| 06/08/2022 06/08/22 | Price Changed | $359,900 | -2.7% | $511 / Sq Ft |
| 06/01/2022 06/01/22 | Price Changed | $369,900 | -2.6% | $525 / Sq Ft |
| 05/18/2022 05/18/22 | For Sale | $379,900 | -- | $540 / 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 | $3,120 | $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 | $2,389 | $161,400 | $0 | $161,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kenny Celano
About Ocean Gate Tower
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72983460
APN: REVE-000009-000161-000001A-000703
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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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