NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 705 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $392,138 - $423,000

1 Bed
1 Bath
704 Sq Ft
$447/mo HOA Fee

Last Sold May 31, 2024

Last sale price $395,000 $561 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,856/month

21 Days on Market

Highlights

  • Ocean View
  • 4-minute walk to Wonderland Station
  • Medical Services
  • Fitness Center
  • Heated Indoor Pool
  • Waterfront

About This Home

As of May 2024

BACK ON THE MARKET! Welcome to Unit 705 of the Ocean Gate Tower on Revere Beach! This beautifully renovated, oceanfront condo underwent a full transformation in 2019, including the electrical, plumbing, kitchen, bathroom, windows, closets, and more. Starting with the view, the private balcony of this top floor unit offers a full 180 degree view of the beach and ocean. The new hurricane proof slider and windows were installed in 2021 and the roof was completed in 2022. The kitchen is complete with stainless steel appliances, custom Martha Stewart cabinets, upgraded countertops and opens up the spacious dining and living room. Wake up to another ocean view in the main bedroom that comes with a custom built-in closet and second closet for ample storage. The bathroom renovation included a new custom tile walk-in shower and new vanity. There is truly nothing left to do but move in and enjoy all that this unit and Revere Beach have to offer.

Last Agent to Sell the Property

Timothy Borders

Coldwell Banker Realty - Lynnfield Listed on: 03/26/2024

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Steve Binder

Binder Residential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,028

Year Built

  • Built in 1987

HOA Fees

  • $447 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 7th floor
  • Rubber Roof
  • Stone

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • Ceramic Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Custom Closet System
  • 1 Full Bathroom
  • Separate Shower
  • Linen Closet In Bathroom

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Internet Available

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number M:9 B:161 L:1A U:705,1369080

Community Details

Overview

  • Association fees include heat, water, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 114 Units
  • High-Rise Condominium
  • Ocean Gate Tower Community

Amenities

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

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,028

Year Built

Built in 1987

Lot Details

0

HOA Fees

$447 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1987
  • Entry Level: 7
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Interior Amenities: Internet Available - Unknown, Elevator
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range, Oven, Dishwasher, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Stone/Ceramic Tile
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Stone/Ceramic Tile, Balcony - Exterior, Open Floorplan, Slider
  • Basement: N
  • Living Area: 704
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • MAIN SO: AN8252

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: Corner
  • Construction Materials: Stone
  • Home Warranty YN: No
  • Pool Features: Association, In Ground, Indoor, Heated
  • Roof: Rubber
  • 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, Assigned, Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Elevator(s), Fitness Center, Sauna/Steam, Clubroom, Storage
  • Association Fee: 447
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site, Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:9 B:161 L:1A U:705,1369080
  • Zoning: RC2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3028

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2006
Sold by
Dicarlo Daryll and Dicarlo Peter F
Bought by
Watts Daryll P and Dicarlo Daryll
Current Estimated Value
$408,035

Purchase Details

Closed on
Dec 6, 1991
Sold by
Fnma
Bought by
Dicarlo Daryl P and Dicarlo Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
8.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1987
Sold by
Carabetta Entpr Inc
Bought by
Maher James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
10.27%
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
Watts Daryll P -- --
Watts Daryll P -- --
Dicarlo Daryl P $42,900 --
Dicarlo Daryl P $42,900 --
Maher James P $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maher James P $38,600
Previous Owner Maher James P $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $395,000 -1.3% $561 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $400,000 0.0% $568 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $400,000 0.0% $568 / Sq Ft
08/17/2012 08/17/12 Rented $1,100 0.0% --
08/17/2012 08/17/12 For Rent $1,100 -- --
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 $3,222 $355,200 $0 $355,200
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

  • Timothy Borders

    Seller's Agent in 2024

    Timothy Borders

    Coldwell Banker Realty - Lynnfield

    (781) 706-1690

    1 in this area

    25 Total Sales

    Timothy Borders
    Section Image
  • Steve Binder

    Buyer's Agent in 2024

    Steve Binder

    Binder Residential

    (617) 531-9079

    4 in this area

    84 Total Sales

    Steve Binder
    Section Image

  • N

    Seller's Agent in 2012

    Nancy Deleon

    Leading Edge Real Estate

See All Agents

About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73216329

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000705

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 705, Revere, MA

Not Listed for Sale

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