505 UNIVERSITY AV
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Location
505 UNIVERSITY AV
Mblu
22/ 14/ 22/ /
Acct#
Owner
NORWOOD UNIVERSITY AVE LLC
Assessment
$5,140,400
Appraisal
$5,140,400
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$3,328,700$1,811,700$5,140,400
Assessment
Valuation YearImprovementsLandTotal
2026$3,328,700$1,811,700$5,140,400

Owner of Record
OwnerNORWOOD UNIVERSITY AVE LLC
Co-Owner
Address505 UNIVERSITY AV
NORWOOD, MA 02062
Sale Price$1,600,000
Certificate
Book & Page 17768/0245
Sale Date12/05/2002
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NORWOOD UNIVERSITY AVE LLC$1,600,000 17768/02451B12/05/2002
AKERS, JAMES J ET AL TRS$100 15763/05241B11/15/2001
KATZ DAVID A ET AL TRS$1 9753/01411B02/24/1993

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 71,420
Replacement Cost: $4,862,827
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$3,258,100
Building Attributes
FieldDescription
Style:Industrial
ModelInd/Lg UnfnCom
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseIND WHSES
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4010
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height22.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 63,842 63,842
AOFOffice, (Average) 4,200 4,200
SDAStore/Fin Typ Area 3,378 3,378
   71,420 71,420

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET70280.00 S.F.$47,1001
LDL1LOAD LEVELERS10.00 UNITS$23,5001

Land
Land Use
Use Code4010
DescriptionIND WHSES  
ZoneLM
NeighborhoodUNI
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.61
Frontage0
Depth0
Assessed Value$1,811,700
Appraised Value$1,811,700

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$3,328,700$1,811,700$5,140,400
2025$3,188,700$1,742,000$4,930,700
2024$3,049,300$1,742,000$4,791,300

Assessment
Valuation YearImprovementsLandTotal
2026$3,328,700$1,811,700$5,140,400
2025$3,188,700$1,742,000$4,930,700
2024$3,049,300$1,742,000$4,791,300

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