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505 Light St; Norfolk, VA Property Details

505 Light St, Norfolk, VA is a Residential Vacant Land. This property is currently a cash purchase and is not for sale. The lot size of 505 Light St is 7,144 square feet.

Off market
505 Light St Norfolk, VA 23523
$48,000 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Purchase Price: $340,000
  • Est. Equity / %: $429,000 / 100%
  • APN: 48175300
  • Situs County: Norfolk City

Measurements

  • Lot: 7,144/SqFt

Legal Description

  • Description: 16 & 1/2 14 BLK U
Building Insights

Land Information

  • Property Type: Residential Vacant Land
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.835453 / -76.2568
  • Subdivision: Campostella Realty Corporation
  • Property Class: Vacant
  • Zoning: R8
  • County Use Code: 500

Amenities

  • Plus Four: 2315

Ownership Info

505 Light St has no associated ownership info
505 Light St has no associated ownership info.

Taxes

505 Light St has 10 associated Taxes items

505 Light 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 $48,000. The APN we've located for 505 Light St is 48175300.

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Taxes
  • Assessed Value:  $48,000
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  48175300
  • Assessed Land Value:  48000
  • Market Land Value:  48000
  • Tax Amount:  590.4
  • Tax Year:  2025
  • Market Value:  48000
  • Market Year:  2025

Tax History

505 Light St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $590.4 Change Rate -0.016% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $600 Change Rate Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $600 Change Rate Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $600 Change Rate Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $600 Change Rate +0.2% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $500 Change Rate +0.041667% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $480 Change Rate -0.04% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $500 Change Rate +0.086957% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $460 Change Rate +0.152767% Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $399.04 Change Rate Assessed CR Tax Rate +0.009976%
Year 2015 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $460 Change Rate Assessed CR Tax Rate