Taxes
- Assessed Value: $14,724,800
- Assessed Year: 2025
- Assessed County: Virginia Beach City
- APN: 242-706-30010-000
- Assessed Land Value: 627800
- Market Land Value: 627800
- Market Value: 14724800
- Market Year: 2025
524 15th St; Virginia Beach, VA Property Details
Off market
1501 Mediterranean Ave Virginia Beach, VA 23451
$14,724,800 Estimated Value
86,528 SqFt
Property Type
Public Colleges/universityProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2000
- APN: 242-706-30010-000
- Situs County: Virginia Beach City
Structure
- Building Style: Steel
- Stories: 2
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: B
- Roof Cover Type: Steel
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 86,528/SqFt
- Lot: 227,875/SqFt
- Gross: 86,528/SqFt
- Living: 86,528/SqFt
- Building: 86,528/SqFt
Legal Description
- Description: LAKEWOOD LOT C-1
Building Insights
Land Information
- Property Type: Public Colleges/University
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Virginia Beach City Public Schools
- Lat / Lon: 36.842373 / -75.979935
- Subdivision: Lakewood
- Property Class: Exempt
- Zoning: R5S
- County Use Code: 706
Amenities
- Heating Fuel Type: Electric
- Plus Four: 4270
- Cooling: Central
- Heating: Electric
Ownership Info
1501 Mediterranean Ave has no associated ownership info
1501 Mediterranean Ave has no associated ownership info.
Taxes
1501 Mediterranean Ave has 8 associated Taxes items
524 15th St, Virginia Beach, VA pays taxes in Virginia Beach City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $14,724,800. The APN we've located for 524 15th St is 242-706-30010-000.
Unlock the full reportTax History
1501 Mediterranean Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $14,724,800 | Land Value $627,800 | Improvement Value $14,097,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $13,783,400 | Land Value $627,800 | Improvement Value $13,155,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $13,430,100 | Land Value $627,800 | Improvement Value $12,802,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $12,193,400 | Land Value $627,800 | Improvement Value $11,565,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $12,812,000 | Land Value $627,800 | Improvement Value $12,184,200 | Tax Amount $7,193.34 | Change Rate -0.946009% | Assessed CR | Tax Rate +0.000561% |
| Year 2020 | Assessed Value $13,094,000 | Land Value $627,800 | Improvement Value $12,466,200 | Tax Amount $133,231.45 | Change Rate +0.030884% | Assessed CR | Tax Rate +0.010175% |
| Year 2019 | Assessed Value $12,924,000 | Land Value $627,800 | Improvement Value $12,296,200 | Tax Amount $129,240 | Change Rate | Assessed CR | Tax Rate +0.01% |
| Year 2018 | Assessed Value $12,924,000 | Land Value $627,800 | Improvement Value $12,296,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $13,467,700 | Land Value $627,800 | Improvement Value $12,839,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $13,443,300 | Land Value $627,800 | Improvement Value $12,815,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $13,315,900 | Land Value $627,800 | Improvement Value $12,688,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $13,353,100 | Land Value $627,800 | Improvement Value $12,725,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |