NOT LISTED FOR SALE

518 Putnam Ave Unit 6 Cambridge, MA 02139

Cambridgeport Neighborhood

Estimated Value: $534,531 - $649,000

1 Bed
1 Bath
560 Sq Ft
$1,065/Sq Ft Est. Value

Last Sold October 23, 2014

Last sale price $357,500 $638 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,575/month

About This Home

As of October 2014

Perfect location!! Walk to MIT, BU, Trader Joe's, Whole Foods, restaurants, bars, shopping and entertainment. Plus, you're only a short walk to the Red Line at Central Square or the Green Line across the BU bridge. This well laid out apartment has soaring ceilings, gleaming hardwood floors and tons of windows. The bright eat-in kitchen with new appliances/cabinets comes with ample shelving and the bedroom has two generous closets. There's a unit specific storage closet and shared laundry in the basement. This apartment has a PARKING SPACE ($50 extra) With heat and hot water included in the rent, what more could you ask for?

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Longani Gulshan K and Longani Aarti G
Bought by
Longani Ret
Current Estimated Value
$596,133

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 23, 2014
Sold by
Demase Morgan K
Bought by
Longani Aarti and Longani Gulshan
Seller's Agent
Amanda VanVeen
AVV Group, LLC
Buyer's Agent
Amanda VanVeen
AVV Group, LLC
List Price
$379,000
Sold Price
$357,500
Premium/Discount to List
-$21,500
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$286,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2010
Sold by
Reichmuth Richard A
Bought by
Demase-Morgan Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Lordan John C
Bought by
Reichmuth Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1999
Sold by
Kuhn Ira and Bolsaitis Peter
Bought by
Lordan John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Longani Ret -- None Available
Longani Aarti $357,500 --
Demase-Morgan Katherine $225,000 --
Reichmuth Richard A $252,500 --
Lordan John C $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Longani Aarti $257,000
Previous Owner Longani Aarti $286,000
Previous Owner Demase Morgan K $200,000
Previous Owner Demase-Morgan Katherine $202,500
Previous Owner Reichmuth Richard A $71,700
Previous Owner Reichmuth Richard A $202,000
Previous Owner Reichmuth Richard A $37,850
Previous Owner Lordan John C $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Rented $2,400 +2.1% --
06/10/2021 06/10/21 For Rent $2,350 -2.1% --
08/14/2019 08/14/19 Rented $2,400 0.0% --
07/31/2019 07/31/19 Under Contract -- -- --
07/22/2019 07/22/19 For Rent $2,400 0.0% --
10/23/2014 10/23/14 Sold $357,500 0.0% $685 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/10/2014 09/10/14 Off Market $357,500 -- --
08/26/2014 08/26/14 For Sale $379,000 -- $726 / 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 $3,047 $479,800 $0 $479,800
2024 $2,713 $458,300 $0 $458,300
2023 $2,803 $478,300 $0 $478,300
2022 $2,819 $476,100 $0 $476,100
2021 $2,731 $466,800 $0 $466,800
2020 $2,728 $474,400 $0 $474,400
2019 $2,621 $441,200 $0 $441,200
2018 $2,613 $406,200 $0 $406,200
2017 $2,358 $363,400 $0 $363,400
2016 $2,192 $313,600 $0 $313,600
2015 $2,059 $263,300 $0 $263,300
2014 $2,038 $243,200 $0 $243,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dallin & Gollinger

    The Collaborative Companies

    (617) 236-0060

    48 Total Sales

    Dallin & Gollinger
    Section Image
  • Vahram Kessissian

    Seller Co-Listing Agent in 2021

    Vahram Kessissian

    Coldwell Banker Realty - Boston

    (781) 697-4100

    6 Total Sales

    Vahram Kessissian
    Section Image
  • Amanda VanVeen

    Seller's Agent in 2014

    Amanda VanVeen

    AVV Group, LLC

    (508) 612-8117

    Amanda VanVeen
    Section Image
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Map

Massachusetts Middlesex County Cambridge 02139 Cambridgeport

518 Putnam Ave Unit 6, Cambridge, MA

This home is located at 518 Putnam Ave Unit 6, Cambridge, MA 02139 and is currently estimated at $596,133, approximately $1,064 per square foot. 518 Putnam Ave Unit 6 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School, New England Hebrew Academy, and Boston University Academy.

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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