Property Overview: 47 Rosewood Place, Norwood West
Key Characteristics & Appeal
This home at 47 Rosewood Place stands out in its Norwood West neighborhood for its generous proportions and established character. Built in 1948, it offers a substantial 2,081 square feet of living space, which ranks in the top 4% on its own street and the top 9% both locally and city-wide. This means it provides significantly more room than most comparable homes. The lot size of nearly 6,000 square feet is also above average for the immediate area, offering ample outdoor space.
The appeal lies in its clear position as a larger, well-situated property within a mature community. With an assessed value of $487,000, it sits above average for its street and broader area, reflecting its size and desirability. A thoughtful perspective is that this home represents a classic, solid investment in a neighborhood of similar vintage homes, rather than a new construction. It last sold in 2016 for between $400,000-$450,000, providing a reference point for its market trajectory.
This property would ideally suit buyers looking for space and established neighborhood charm over modern finishes. It’s a fit for growing families needing room, or for those who appreciate the potential of a character home on a good-sized lot, possibly with renovation plans in mind.
Frequently Asked Questions
1. How does the home’s age affect its value and potential?
Built in 1948, the home is typical for its mature neighborhood. While its age places it below the city-wide average for newer homes, it is actually among the newer homes on its street and in Norwood West. This suggests a well-established, stable area. Buyers should budget for maintenance appropriate for a home of this era and consider the potential for updates.
2. What does the assessed value tell me about the listing price?
The assessed value of $487,000 is for municipal tax purposes and is not the market price. It is a useful benchmark, showing the home is valued above many peers. The actual listing or sale price will be determined by current market conditions, the home’s specific condition, and recent upgrades.
3. The data shows the home is "above average" in many categories. What's the practical takeaway?
This statistical ranking confirms you are looking at a property that is physically larger and on a bigger lot than most homes you’ll find on its street and in Norwood West. You are paying a premium for space and location within a sought-after area.
4. Can I see the exact price it last sold for?
The public data shows a sale in July 2016 for a broad range of $400,000-$450,000. To obtain the exact historical sale price, you must request it directly from the website via email, as they manually provide this detail due to data licensing restrictions.
5. How does the lot size compare to a typical city lot?
At 5,941 sq ft, the lot is larger than average for both its street and Norwood West. City-wide, it is slightly below the average lot size, which is typical for established inner-city neighborhoods compared to newer suburban developments. It offers substantial private outdoor space for its location.