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4505 Patent Rd; Norfolk, VA Property Details

4505 Patent Rd, Norfolk, VA is a City/municipal Owned that was built in 1980. This property is currently a cash purchase and is not for sale. The lot size of 4505 Patent Rd is 86,292 square feet.

Off market
4505 Patent Rd Norfolk, VA 23502
$2,246,400 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1980
  • Purchase Price: $10,800
  • APN: 80385610
  • Situs County: Norfolk City
  • Length Of Ownership: 15 years, 8 months

Structure

  • Building Condition: Fair
  • Building Quality: C

Measurements

  • Lot: 86,292/SqFt

Legal Description

  • Description: PARCEL W, BROAD CREEK VILLAGE, 1.982 AC
Building Insights

Land Information

  • Property Type: City/Municipal Owned
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.85724 / -76.231606
  • Property Class: Exempt
  • Zoning: BC2
  • County Use Code: 611

Amenities

  • Plus Four: 5604

Ownership Info

4505 Patent Rd has no associated ownership info
4505 Patent Rd has no associated ownership info.

Taxes

4505 Patent Rd has 10 associated Taxes items

4505 Patent Rd, 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 $2,246,400. The APN we've located for 4505 Patent Rd is 80385610.

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Taxes
  • Assessed Value:  $2,246,400
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  80385610
  • Assessed Land Value:  690700
  • Market Land Value:  690500
  • Tax Amount:  28080
  • Tax Year:  2025
  • Market Value:  2316700
  • Market Year:  2026

Tax History

4505 Patent Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $2,316,700 Land Value $690,500 Improvement Value $1,626,200 Tax Amount $28,958.75 Change Rate +0.031295% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $2,246,400 Land Value $690,700 Improvement Value $1,555,700 Tax Amount $28,080 Change Rate +0.465075% Assessed CR Tax Rate +0.0125%
Year 2024 Assessed Value $1,533,300 Land Value $690,700 Improvement Value $842,600 Tax Amount $19,166.25 Change Rate Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $1,533,300 Land Value $690,700 Improvement Value $842,600 Tax Amount $19,166.25 Change Rate +0.028991% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $1,490,100 Land Value $647,500 Improvement Value $842,600 Tax Amount $18,626.25 Change Rate Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $1,317,400 Land Value $474,800 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $1,317,400 Land Value $474,800 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $1,317,400 Land Value $474,800 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $1,317,400 Land Value $474,800 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $1,317,400 Land Value $474,800 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,295,900 Land Value $453,300 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $1,295,900 Land Value $453,300 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,295,900 Land Value $453,300 Improvement Value $842,600 Tax Amount Change Rate Assessed CR Tax Rate