NOT LISTED FOR SALE

Estimated Value: $490,000 - $556,000

2 Beds
2 Baths
1,057 Sq Ft
1987 Built

Last Sold November 01, 2016

Last sale price $325,000 $307 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,978/month

10 Days on Market

About This Home

As of November 2016

Please submit offers ASAP-WOW! REVERE BEACH! Enjoy the Comfort and Security in this completely RENOVATED unit. Enjoy Amazing Ocean views. 2 bedrooms & 2 FULL baths in this immaculate condo.Unit features Open Floor Plan with balcony. All New GRANITE counter tops and STAINLESS Appliance Kitchen.Modern Bathrooms. Engineered BAMBOO hardwood flooring through out. CUSTOM Window treatments and closet systems included! Presented with American Home Shield (AHS) Buyer Warranty, covering key systems - electrical, heating, plumbing PLUS appliances. This Luxury high-rise at the Ocean Gate Towers has all the amenities. Resort Luxury living all year long with on site management, exercise room, in-ground indoor pool, Sauna, clubhouse-function room w/kitchen for gatherings, and Garage parking. Included in the condo fee - HEAT, HOT WATER, A/C, maintenance, AMENITIES and 24 HR SECURITY. 1 Assigned GARAGE Parking spot ! Close to Blue Line, Beach & Shopping and only ten minutes to Boston.

Last Agent to Sell the Property

Jason Goldfarb

United Brokers Listed on: 09/21/2016

Last Buyer's Agent

Gesiane Soares

Century 21 North East

Century 21 North East

Property Details

Home Type

Condominium

Year Built

1987

Lot Details

0

Listing Details

  • Unit Level: 9
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.25
  • Handicap Access: Yes
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Walk/Jog Trails, Medical Facility, T-Station
  • Flooring: Wood, Tile, Engineered Hardwood
  • Interior Amenities: Cable Available, Sauna/Steam/Hot Tub, Intercom, Indoor Pool
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Bathroom - 3/4, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Dining Room: First Floor
  • No Living Levels: 1

Exterior Features

  • Construction: Stone/Concrete
  • Exterior Unit Features: Balcony
  • Beach Ownership: Public
  • Waterview Flag: Yes
  • Pool Description: Inground, Indoor

Garage/Parking

  • Garage Parking: Under, Garage Door Opener
  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Oil
  • Cooling Zones: 1
  • Heat Zones: 1
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Ocean Point
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Security, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Refuse Removal
  • Association Pool: Yes
  • Association Security: Intercom, Private Guard, Security Gate
  • Management: Professional - On Site
  • Pets Allowed: No
  • No Units: 111
  • Unit Building: 908

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: res

Multi Family

  • Waterview: Ocean, Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Nov 2, 2016
Sold by
Faysal-Goldfarb Patrice
Bought by
Register Debra A and Register Jean
Seller's Agent
Jason Goldfarb
United Brokers
Buyer's Agent
Gesiane Soares
Century 21 North East
List Price
$334,900
Sold Price
$325,000
Premium/Discount to List
-$9,900
-2.96%
Current Estimated Value
$503,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,356
Avg. Annual Appreciation
5.08%

Purchase Details

Listed on
Jun 12, 2014
Closed on
Aug 29, 2014
Sold by
282 Ocean Avenue Llc
Bought by
Faysal-Goldfarb Patrice
Seller's Agent
Steven Betterman
Betterman Realty
Buyer's Agent
Denise Lake
Coldwell Banker Realty - Lynnfield
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%
Original Mortgage
$222,300
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Perry Lisa L
Bought by
382 Ocean Avenue Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Perry William A and Perry Lisa L
Bought by
382 Ocean Avenue Llc

Purchase Details

Closed on
Feb 5, 1988
Sold by
Petras Frank
Bought by
Perry William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
10.6%
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
Register Debra A $325,000 --
Faysal-Goldfarb Patrice $234,000 --
382 Ocean Avenue Llc -- --
382 Ocean Avenue Llc -- --
Perry Lisa L -- --
Perry William A $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faysal-Goldfarb Patrice $222,300
Previous Owner Perry William A $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2016 11/01/16 Sold $325,000 -3.0% $307 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $334,900 +45.6% $317 / Sq Ft
08/29/2014 08/29/14 Sold $230,000 -4.1% $218 / Sq Ft View Prior Sale
08/27/2014 08/27/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $239,900 -- $227 / 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 $4,056 $447,200 $0 $447,200
2024 $3,900 $428,100 $0 $428,100
2023 $3,924 $412,600 $0 $412,600
2022 $4,088 $393,100 $0 $393,100
2021 $4,364 $394,600 $0 $394,600
2020 $4,148 $368,400 $0 $368,400
2019 $3,767 $311,100 $0 $311,100
2018 $3,897 $300,700 $0 $300,700
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: 72070521

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000908