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245 Grace St; Norfolk, VA Property Details

245 Grace St, Norfolk, VA is a City/municipal Owned that was built in 1979. This property is not for sale. Our records show that 245 Grace St has a total of 9,318 square feet. The lot size of 245 Grace St is 67,997 square feet.

Off market
245 Grace St Norfolk, VA 23510
$11,004,000 Estimated Value
9,318 SqFt
Property Type
City/municipal Owned
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Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1979
  • APN: 31358851
  • Situs County: Norfolk City

Structure

  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 9,318/SqFt
  • Lot: 67,997/SqFt
  • Gross: 9,318/SqFt
  • Building: 9,318/SqFt

Legal Description

  • Description: PT PARCEL 34-A, PT PARCEL 34-A-1 & 37, PT VA BEACH BLVD (CLOSED)
Building Insights

Land Information

  • Property Type: City/Municipal Owned
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.855145 / -76.29256
  • Property Class: Exempt
  • County Use Code: 611

Amenities

  • Plus Four: 1546
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

245 Grace St has no associated ownership info
245 Grace St has no associated ownership info.

Taxes

245 Grace St has 10 associated Taxes items

245 Grace St, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $11,004,000. The APN we've located for 245 Grace St is 31358851.

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Taxes
  • Assessed Value:  $11,004,000
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  31358851
  • Assessed Land Value:  2508000
  • Market Land Value:  2508000
  • Tax Amount:  137550
  • Tax Year:  2025
  • Market Value:  11004000
  • Market Year:  2025

Tax History

245 Grace St has 2 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,004,000 Land Value $2,508,000 Improvement Value $8,496,000 Tax Amount $137,550 Change Rate +0.087857% Assessed CR Tax Rate +0.0125%
Year 2024 Assessed Value $10,115,300 Land Value $2,508,000 Improvement Value $7,607,300 Tax Amount $126,441.25 Change Rate Assessed CR Tax Rate +0.0125%
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