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500 Posey Ln; Norfolk, VA Property Details

500 Posey Ln, Norfolk, VA is a Apt House 5+ Units that was built in 2018. This property is not for sale. Our records show that 500 Posey Ln has a total of 7,902 square feet. The lot size of 500 Posey Ln is 80,281 square feet.

Off market
500 Posey Ln Norfolk, VA 23510
$2,070,100 Estimated Value
7,902 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2018
  • Open Loans / Balance: 1 / $7,865,085
  • APN: 21120119
  • Situs County: Norfolk City

Structure

  • Stories: 2
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 7,902/SqFt
  • Lot: 80,281/SqFt
  • Gross: 7,902/SqFt
  • Building: 7,902/SqFt

Legal Description

  • Description: LOT DE
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.85174 / -76.28251
  • Property Class: Residential
  • County Use Code: 405

Amenities

  • Plus Four: 2417
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

500 Posey Ln has no associated ownership info
500 Posey Ln has no associated ownership info.

Taxes

500 Posey Ln has 10 associated Taxes items

500 Posey Ln, 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 $2,070,100. The APN we've located for 500 Posey Ln is 21120119.

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Taxes
  • Assessed Value:  $2,070,100
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  21120119
  • Assessed Land Value:  802600
  • Market Land Value:  802600
  • Tax Amount:  25462.24
  • Tax Year:  2025
  • Market Value:  2070100
  • Market Year:  2025

Tax History

500 Posey Ln has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,070,100 Land Value $802,600 Improvement Value $1,267,500 Tax Amount $25,462.24 Change Rate -0.027277% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $2,094,100 Land Value $802,600 Improvement Value $1,291,500 Tax Amount $26,176.25 Change Rate +0.358659% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $1,541,300 Land Value $802,600 Improvement Value $738,700 Tax Amount $19,266.24 Change Rate +0.008638% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $1,528,100 Land Value $802,600 Improvement Value $725,500 Tax Amount $19,101.24 Change Rate +0.034246% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $1,477,500 Land Value $401,300 Improvement Value $1,076,200 Tax Amount $18,468.76 Change Rate +0.033867% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $1,429,100 Land Value $401,300 Improvement Value $1,027,800 Tax Amount $17,863.76 Change Rate +0.646191% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $1,162,200 Land Value $361,100 Improvement Value $801,100 Tax Amount $10,851.57 Change Rate +0.150635% Assessed CR Tax Rate +0.009337%
Year 2018 Assessed Value $707,600 Land Value $361,100 Improvement Value $346,500 Tax Amount $9,430.94 Change Rate Assessed CR Tax Rate +0.013328%