5 Norwood Ct Gloucester, MA 01930
East Gloucester NeighborhoodEstimated Value: $525,000 - $674,000
2
Beds
2
Baths
1,262
Sq Ft
$472/Sq Ft
Est. Value
About This Home
This home is located at 5 Norwood Ct, Gloucester, MA 01930 and is currently estimated at $595,870, approximately $472 per square foot. 5 Norwood Ct is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 2023
Sold by
East Gloucester Marine Rt and Jimary Land Tllc Tr
Bought by
Eastside Marina Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,840,000
Outstanding Balance
$3,688,946
Interest Rate
6.31%
Mortgage Type
Commercial
Estimated Equity
-$3,093,076
Purchase Details
Closed on
Jun 25, 2013
Sold by
E Gloucester Marine Ll
Bought by
Marine East and Jimary Land Trust Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,690,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2006
Sold by
Jensen Norwood Court N and Jensen
Bought by
True World Foods Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eastside Marina Llc | $5,100,000 | None Available | |
| Marine East | $4,100,000 | -- | |
| Marine East | $4,100,000 | -- | |
| Marine East Gloucester | $4,100,000 | -- | |
| East Gloucester Marine | $4,100,000 | -- | |
| True World Foods Inc | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eastside Marina Llc | $3,840,000 | |
| Previous Owner | Marine East Gloucester | $3,690,000 | |
| Previous Owner | True World Foods Inc | $15,000 |
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 | $4,287 | $441,000 | $150,200 | $290,800 |
| 2024 | $4,424 | $454,700 | $143,100 | $311,600 |
| 2023 | $4,235 | $399,900 | $127,800 | $272,100 |
| 2022 | $4,100 | $349,500 | $111,100 | $238,400 |
| 2021 | $3,956 | $318,000 | $101,000 | $217,000 |
| 2020 | $3,868 | $313,700 | $101,000 | $212,700 |
| 2019 | $3,674 | $289,500 | $101,000 | $188,500 |
| 2018 | $3,512 | $271,600 | $101,000 | $170,600 |
| 2017 | $3,403 | $258,000 | $96,200 | $161,800 |
| 2016 | $3,317 | $243,700 | $100,400 | $143,300 |
| 2015 | $3,176 | $232,700 | $100,400 | $132,300 |
Source: Public Records
Map
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