Taxes
- Assessed Value: $1,580,700
- Assessed Year: 2026
- Assessed County: Norfolk City
- APN: 15274600
- Assessed Land Value: 507500
- Market Land Value: 507500
- Tax Amount: 22287.87
- Tax Year: 2026
- Market Value: 1580700
- Market Year: 2026
120 W Bute St; Norfolk, VA Property Details
Off market
118 W Bute St Norfolk, VA 23510
$1,580,700 Estimated Value
9,712 SqFt
Property Type
Office Bldg (General)Property Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1943
- Purchase Price: $1,650,000
- APN: 15274600
- Situs County: Norfolk City
- Length Of Ownership: 4 years, 2 months
Structure
- Stories: 2
- Building Condition: Average
- Building Quality: B
Measurements
- Total: 9,712/SqFt
- Lot: 7,928/SqFt
- Gross: 9,712/SqFt
- Building: 9,712/SqFt
- Price Per Square Foot: $169.89
Legal Description
- Description: 41.66 FT 119 W YORK ST &
Building Insights
Land Information
- Property Type: Office Bldg (General)
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Norfolk City Public Schools
- Lat / Lon: 36.853172 / -76.28967
- Subdivision: Survey For Natiinal Bank Of Commerce
- Property Class: Office
- Zoning: D3
- County Use Code: 447
Amenities
- Plus Four: 1906
- Cooling: Yes
- Heating: Forced air unit
Ownership Info
118 W Bute St has no associated ownership info
118 W Bute St has no associated ownership info.
Taxes
118 W Bute St has 10 associated Taxes items
120 W Bute St, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $1,580,700. The APN we've located for 120 W Bute St is 15274600.
Unlock the full reportTax History
118 W Bute St has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $1,580,700 | Land Value $507,500 | Improvement Value $1,073,200 | Tax Amount $22,287.87 | Change Rate +0.02463% | Assessed CR | Tax Rate +0.0141% |
| Year 2025 | Assessed Value $1,564,900 | Land Value $507,500 | Improvement Value $1,057,400 | Tax Amount $21,752.12 | Change Rate -0.014184% | Assessed CR | Tax Rate +0.0139% |
| Year 2024 | Assessed Value $1,564,900 | Land Value $507,500 | Improvement Value $1,057,400 | Tax Amount $22,065.09 | Change Rate | Assessed CR | Tax Rate +0.0141% |
| Year 2023 | Assessed Value $1,564,900 | Land Value $507,500 | Improvement Value $1,057,400 | Tax Amount $22,065.08 | Change Rate +0.429652% | Assessed CR | Tax Rate +0.0141% |
| Year 2022 | Assessed Value $1,094,600 | Land Value $507,500 | Improvement Value $587,100 | Tax Amount $15,433.88 | Change Rate +0.563938% | Assessed CR | Tax Rate +0.0141% |
| Year 2021 | Assessed Value $699,900 | Land Value $507,500 | Improvement Value $192,400 | Tax Amount $9,868.6 | Change Rate +0.00043% | Assessed CR | Tax Rate +0.0141% |
| Year 2020 | Assessed Value $699,600 | Land Value $507,500 | Improvement Value $192,100 | Tax Amount $9,864.36 | Change Rate +0.065514% | Assessed CR | Tax Rate +0.0141% |
| Year 2019 | Assessed Value $689,200 | Land Value $507,500 | Improvement Value $181,700 | Tax Amount $9,257.84 | Change Rate -0.047324% | Assessed CR | Tax Rate +0.013433% |
| Year 2018 | Assessed Value $689,200 | Land Value $390,400 | Improvement Value $298,800 | Tax Amount $9,717.72 | Change Rate +0.104542% | Assessed CR | Tax Rate +0.0141% |
| Year 2017 | Assessed Value $671,600 | Land Value $390,400 | Improvement Value $281,200 | Tax Amount $8,797.96 | Change Rate +0.027837% | Assessed CR | Tax Rate +0.0131% |
| Year 2016 | Assessed Value $646,100 | Land Value $390,400 | Improvement Value $255,700 | Tax Amount $8,559.68 | Change Rate | Assessed CR | Tax Rate +0.013248% |
| Year 2015 | Assessed Value $646,100 | Land Value $390,400 | Improvement Value $255,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $646,100 | Land Value $390,400 | Improvement Value $255,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,403.64 | Change Rate | Assessed CR | Tax Rate |