NOT LISTED FOR SALE

Puritan Arms 50 Follen St Unit 514 Cambridge, MA 02138

Neighborhood Nine Neighborhood

Estimated Value: $693,000 - $834,562

1 Bed
1 Bath
720 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $659,000 $915 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,694/month

About This Home

As of August 2020

Top-floor, beautiful 1 BR, 1 BD unit in the heart of Harvard Sq. Across the street from Cambridge Commons and Harvard Law School. 5 min walk to T stop and all the shops and restaurants in the area. HEAT, hot/cold water included in rent. The unit has recessed, adjustable lighting in all rooms, gleaming hardwood floors throughout, lots of closet space, and a large, open floor plan living/dining room combination with breakfast/dining area overlooking the quiet side view. The kitchen has hardwood cabinets, granite countertops, stainless steel appliances, a built-in wine rack, gas cooking, and dishwasher/disposal. The bathroom is updated with an enclosed jacuzzi bathtub.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Aug 22, 2020
Sold by
Kamal V Gandhi Irt
Bought by
Liu Manway and Liu Yichen
Seller's Agent
Sam Resnick
Town Property Group
Buyer's Agent
Fred Meyer
University Real Estate, Harvard Square
List Price
$745,000
Sold Price
$659,000
Premium/Discount to List
-$86,000
-11.54%
Current Estimated Value
$771,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,891
Avg. Annual Appreciation
3.35%
Original Mortgage
$296,550
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2013
Sold by
Gandhi Ft and Gandhi Kamal V
Bought by
Kamal V Gandhi Irt and Gandhi Kamal V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2013
Sold by
Gandhi Shama K
Bought by
Kamal V Gandhi Irt and Gandhi Kamal V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2013
Sold by
Gandhi Ft
Bought by
Gandhi Shama K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2010
Sold by
Gandhi Kamal V and Gandhi Shama K
Bought by
Gandhi Tr Kamal V and Gandhi Shama K

Purchase Details

Closed on
Aug 18, 2006
Sold by
Huk Motria N
Bought by
Ghandi Kamal and Ghandi Shama K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,200
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1999
Sold by
Kim Helen
Bought by
Huk Motria N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1995
Sold by
Schimmel Paul R and Schimmel Judith R
Bought by
Kim Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1990
Sold by
Casa Rt
Bought by
Schimmel Paul R

Purchase Details

Closed on
Apr 27, 1989
Sold by
Potter Maxwell G
Bought by
Casa Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,800
Interest Rate
10.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Liu Manway $659,000 None Available
Kamal V Gandhi Irt -- --
Kamal V Gandhi Irt -- --
Gandhi Shama K -- --
Gandhi Tr Kamal V -- --
Ghandi Kamal $369,000 --
Huk Motria N $220,000 --
Kim Helen $115,000 --
Schimmel Paul R $105,000 --
Casa Rt $117,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Manway $250,000
Closed Liu Manway $296,550
Previous Owner Kamal V Gandhi Irt $260,000
Previous Owner Ghandi Kamal $283,200
Previous Owner Gandhi Kamal $35,000
Previous Owner Huk Motria N $95,000
Previous Owner Casa Rt $175,200
Previous Owner Casa Rt $86,250
Previous Owner Casa Rt $105,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Rented $2,500 0.0% --
08/03/2021 08/03/21 Price Changed $2,500 -7.4% $3 / Sq Ft
06/14/2021 06/14/21 For Rent $2,700 0.0% --
08/31/2020 08/31/20 Sold $659,000 0.0% $915 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $659,000 -5.7% $915 / Sq Ft
01/25/2020 01/25/20 Price Changed $699,000 -6.2% $971 / Sq Ft
12/10/2019 12/10/19 For Sale $745,000 -- $1,035 / Sq Ft

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 $4,589 $722,700 $0 $722,700
2024 $4,093 $691,400 $0 $691,400
2023 $4,125 $704,000 $0 $704,000
2022 $4,180 $706,100 $0 $706,100
2021 $4,091 $699,400 $0 $699,400
2020 $3,971 $690,600 $0 $690,600
2019 $3,801 $639,900 $0 $639,900
2018 $3,780 $586,400 $0 $586,400
2017 $3,460 $533,200 $0 $533,200
2016 $3,244 $464,100 $0 $464,100
2015 $3,208 $410,200 $0 $410,200
2014 $3,153 $376,300 $0 $376,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Yang

    Boston Luxury Real Estate, LLC

    (617) 475-0139

    David Yang
    Section Image
  • Sam Resnick

    Seller's Agent in 2020

    Sam Resnick

    Town Property Group

    (617) 512-5712

    1 in this area

    9 Total Sales

    Sam Resnick
    Section Image
  • Adriana Resnick

    Seller Co-Listing Agent in 2020

    Adriana Resnick

    Town Property Group

    Section Image

  • F

    Buyer's Agent in 2020

    Fred Meyer

    University Real Estate, Harvard Square

    Section Image
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About Puritan Arms

Map

Massachusetts Middlesex County Cambridge 02116 Neighborhood Nine

50 Follen St Unit 514, Cambridge, MA

This home is located at 50 Follen St Unit 514, Cambridge, MA 02138 and is currently estimated at $771,891, approximately $1,072 per square foot. 50 Follen St Unit 514 is a home with nearby schools including St Peter School, Cambridge Montessori School, and Saint Paul's Choir School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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