NOT LISTED FOR SALE

Ocean Gate Tower 382 Ocean Ave Unit 605 Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $395,676 - $435,000

1 Bed
1 Bath
716 Sq Ft
$434/mo HOA Fee

Last Sold May 21, 2024

Last sale price $400,000 $559 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,877/month

Highlights

  • Concierge
  • 4-minute walk to Wonderland Station
  • Community Stables
  • Marina
  • Ocean View
  • Medical Services

About This Home

As of May 2024

Welcome to 382 Ocean Avenue, Unit 605, Revere, MA! As you step inside, you'll be greeted by a private balcony where you can savor breathtaking ocean views. The open concept living area features hardwood floors throughout. This unit offers a den, perfect for a home office or additional relaxation space, and plenty of storage to keep your belongings organized. The building features amenities including an elevator and concierge for your convenience and peace of mind. You'll appreciate the ease of laundry facilities right in the building, along with air conditioning and forced air for year-round comfort. With assigned parking in the underground garage, you'll never have to worry about finding a spot. Residents also have access to a well-equipped gym, pool, sauna and outdoor space for leisure and entertainment. This beachfront property provides a serene retreat with gas heat and the luxury of waterfront living. Don't miss the opportunity to make this your own slice of paradise.

Last Agent to Sell the Property

Alpha Group

Compass Listed on: 03/13/2024

Compass

Co-Listed By

Yuki Wang

Compass

Last Buyer's Agent

Lou Markakis

Lynnway Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $434 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Assigned Parking

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 716 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • Picture Window
  • Sliding Doors
  • Den
  • Ocean Views
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Home Security

  • Security Gate
  • Intercom
  • Door Monitored By TV

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Balcony
  • Deck

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 91611A605,1369080

Community Details

Overview

  • Association fees include heat
  • 111 Units
  • High-Rise Condominium
  • Ocean Gate Tower Community

Amenities

  • Concierge
  • Medical Services
  • Shops
  • Sauna
  • Coin Laundry
  • Elevator

Recreation

  • Marina
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,084

Year Built

Built in 1987

Lot Details

0

HOA Fees

$434 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
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Flooring - Hardwood
  • Interior Amenities: Den
  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood, Window(s) - Picture
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Lighting - Pendant
  • Room Dining Room Features: Flooring - Hardwood
  • Room Kitchen Features: Countertops - Stone/Granite/Solid
  • Laundry Features: Common Area, In Building
  • Room Living Room Features: Flooring - Hardwood, Balcony - Interior, Slider
  • Basement: N
  • Living Area: 716
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2383
  • MAIN SO: AN7887

Exterior Features

  • Exterior Features: Deck - Roof + Access Rights, Balcony
  • Common Walls: End Unit, Corner
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof + Access Rights
  • Pool Features: Association, In Ground
  • Waterfront Features: Waterfront, Beach Front, Ocean, Beach Access, Walk to, 0 to 1/10 Mile To Beach
  • 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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor, Security Gate, Concierge
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s), Sauna/Steam
  • Association Fee: 434
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat

Lot Info

  • Parcel Number: 91611A605,1369080
  • Zoning: RC2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3083.74

Multi Family

  • Number Of Units Total: 111
  • Basement Included Sq Ft: No
  • Waterview: Ocean, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Oct 11, 2022
Sold by
Peter Morrione Je Ret and Morrione
Bought by
Xiao Song
Seller's Agent
Jessica Sebastian
Lyv Realty
Buyer's Agent
Yuki Wang
Compass
List Price
$399,999
Sold Price
$390,000
Premium/Discount to List
-$9,999
-2.5%
Views
37
Current Estimated Value
$415,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,919
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Sep 2, 2021
Sold by
Morrione Peter
Bought by
Peter Morrione Jr Irt and Morrione

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 9, 2014
Sold by
709 Rt
Bought by
Morrione Peter
Seller's Agent
Larisa Kalish
Keller Williams Coastal Realty
Buyer's Agent
Kenny Celano
Turn Key Realty
List Price
$219,950
Sold Price
$219,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$124,950
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2013
Sold by
Helsin Mary S Est
Bought by
709 Rt

Purchase Details

Closed on
Oct 2, 2000
Sold by
Collins John J
Bought by
Heslin Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1988
Sold by
Carabetta Entpr Inc
Bought by
Collins John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,150
Interest Rate
10.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Xiao Song $390,000 None Available
Xiao Song $390,000 None Available
Peter Morrione Jr Irt -- None Available
Peter Morrione Jr Irt -- None Available
Morrione Peter $219,950 --
709 Rt $155,000 --
Heslin Mary S $135,000 --
Heslin Mary S $135,000 --
Collins John J $102,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrione Peter $124,950
Previous Owner Collins John J $65,000
Previous Owner Collins John J $77,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $400,000 0.0% $559 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $400,000 +2.6% $559 / Sq Ft
10/14/2022 10/14/22 Sold $390,000 -2.5% $554 / Sq Ft View Prior Sale
09/08/2022 09/08/22 Pending -- -- --
09/03/2022 09/03/22 For Sale $399,999 +81.9% $568 / Sq Ft
10/10/2014 10/10/14 Sold $219,950 0.0% $312 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Off Market $219,950 -- --
09/08/2014 09/08/14 For Sale $219,950 -- $312 / 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 $3,195 $352,300 $0 $352,300
2024 $3,084 $338,500 $0 $338,500
2023 $3,099 $325,900 $0 $325,900
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

  • A

    Seller's Agent in 2024

    Alpha Group

    Compass

    (617) 997-5325

    1 in this area

    89 Total Sales

    Alpha Group
    Section Image
  • Yuki Wang

    Seller Co-Listing Agent in 2024

    Yuki Wang

    Compass

    (978) 328-8753

    2 in this area

    53 Total Sales

    Yuki Wang
    Section Image
  • Lou Markakis

    Buyer's Agent in 2024

    Lou Markakis

    Lynnway Associates

    (781) 558-8518

    3 in this area

    41 Total Sales

    Lou Markakis
    Section Image

  • J

    Seller's Agent in 2022

    Jessica Sebastian

    Lyv Realty

    Section Image

  • L

    Seller's Agent in 2014

    Larisa Kalish

    Keller Williams Coastal Realty

  • Kenny Celano

    Buyer's Agent in 2014

    Kenny Celano

    Turn Key Realty

    (781) 264-3992

    13 in this area

    96 Total Sales

    Kenny Celano
    Section Image
See All Agents

About Ocean Gate Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73211321

MLS Property Information Network (MLS PIN)

APN: REVE-000009-000161-000001A-000605

Massachusetts Suffolk County Revere 02151 Crescent Beach

382 Ocean Ave Unit 605, Revere, MA

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