501-535 NORWEST DRIVE
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Location
501-535 NORWEST DRIVE
Mblu
13/ 6/ 15/ /
Acct#
Owner
NWW LLC
Assessment
$9,845,300
Appraisal
$9,845,300
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$7,803,100$2,042,200$9,845,300
Assessment
Valuation YearImprovementsLandTotal
2026$7,803,100$2,042,200$9,845,300

Owner of Record
OwnerNWW LLC
Co-OwnerC/O CHESTNUT HILL REALTY CORP
Address300 INDEPENDENCE DRIVE
CHESTNUT HILL, MA 02467
Sale Price$10
Certificate
Book & Page 40346/394
Sale Date02/25/2022
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NWW LLC$10 40346/3941B02/25/2022
NW LAND LLC$17,400,000 35765/01681V01/26/2018
NW LAND LLC$1 17875/05581B12/19/2002
NORWEST WOOD LLC$27,000,000 13639/04341G08/02/1999
NW LAND LLC$1 C235415/01B12/19/1992

Building Information
Building 1 : Section 1
Year Built: 1970
Living Area: 42,354
Replacement Cost: $8,774,647
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$5,966,800
Building Attributes
FieldDescription
Style:Com Apts
ModelCommercial
GradeAve/Good
Stories:2
Occupancy35.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseAPT >8 C
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 22,124 22,124
BASFirst Floor 20,230 20,230
PTOPatio 3,060 0
   45,414 42,354
Building 2 : Section 1
Year Built: 2007
Living Area: 11,164
Replacement Cost: $2,577,407
Building Percent Good: 71
Replacement Cost
Less Depreciation:
$1,830,000
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Com Apts
ModelCommercial
GradeGood
Stories:2
Occupancy12.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseAPT 4 - 8 C
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,582 5,582
FUSUpper Story, Finished 5,582 5,582
FOPPorch, Open, Finished 555 0
   11,719 11,164

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1120
DescriptionAPT >8 C  
ZoneG
NeighborhoodA4
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.23
Frontage0
Depth0
Assessed Value$2,042,200
Appraised Value$2,042,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SHD1SHED FRAME  902.00 S.F.$6,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$7,803,100$2,042,200$9,845,300
2025$7,549,400$1,964,600$9,514,000
2024$7,335,600$1,964,600$9,300,200

Assessment
Valuation YearImprovementsLandTotal
2026$7,803,100$2,042,200$9,845,300
2025$7,549,400$1,964,600$9,514,000
2024$7,335,600$1,964,600$9,300,200

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