Taxes
- Assessed Value: $108,907,200
- Assessed Year: 2025
- Assessed County: Norfolk City
- APN: 29289406
- Assessed Land Value: 2499400
- Market Land Value: 2499400
- Tax Amount: 1361340
- Tax Year: 2025
- Market Value: 108907200
- Market Year: 2025
401 Gresham Dr; Norfolk, VA Property Details
Off market
401 Gresham Dr Norfolk, VA 23507
$108,907,200 Estimated Value
421,540 SqFt
Property Type
Hospital-privateProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2020
- Purchase Price: $35,501,400
- APN: 29289406
- Situs County: Norfolk City
- Length Of Ownership: 4 years, 4 months
Structure
- Stories: 14
- Building Condition: Good
- Building Quality: B
Measurements
- Total: 421,540/SqFt
- Lot: 103,411/SqFt
- Gross: 421,540/SqFt
- Building: 421,540/SqFt
- Price Per Square Foot: $84.22
Legal Description
- Description: PT OF PARCEL 2
Building Insights
Land Information
- Property Type: Hospital-PRIVATE
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Norfolk City Public Schools
- Lat / Lon: 36.8606 / -76.30556
- Property Class: Exempt
- County Use Code: 695
Amenities
- Cooling: Yes
- Heating: Forced air unit
Ownership Info
401 Gresham Dr has no associated ownership info
401 Gresham Dr has no associated ownership info.
Taxes
401 Gresham Dr has 10 associated Taxes items
401 Gresham Dr, 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 $108,907,200. The APN we've located for 401 Gresham Dr is 29289406.
Unlock the full reportTax History
401 Gresham Dr has 6 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $108,907,200 | Land Value $2,499,400 | Improvement Value $106,407,800 | Tax Amount $1,361,340 | Change Rate +0.029971% | Assessed CR | Tax Rate +0.0125% |
| Year 2024 | Assessed Value $105,738,100 | Land Value $2,499,400 | Improvement Value $103,238,700 | Tax Amount $1,321,726.25 | Change Rate +0.028697% | Assessed CR | Tax Rate +0.0125% |
| Year 2023 | Assessed Value $102,788,400 | Land Value $2,499,400 | Improvement Value $100,289,000 | Tax Amount $1,284,855 | Change Rate +0.019504% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $100,822,000 | Land Value $2,499,400 | Improvement Value $98,322,600 | Tax Amount $1,260,275 | Change Rate +0.945186% | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $35,501,400 | Land Value $2,499,400 | Improvement Value $33,002,000 | Tax Amount $647,894.38 | Change Rate +2.707682% | Assessed CR | Tax Rate +0.01825% |
| Year 2020 | Assessed Value $13,979,500 | Land Value $2,499,400 | Improvement Value $11,480,100 | Tax Amount $174,743.77 | Change Rate | Assessed CR | Tax Rate +0.0125% |