Taxes
- Assessed Value: $48,451,100
- Assessed Year: 2025
- Assessed County: Virginia Beach City
- APN: 242-500-52430-000
- Assessed Land Value: 6079200
- Market Land Value: 6079200
- Market Value: 48451100
- Market Year: 2025
855 Schumann Dr; Virginia Beach, VA Property Details
Off market
881 Schumann Dr Virginia Beach, VA 23454
$48,451,100 Estimated Value
342,735 SqFt
Property Type
Public Colleges/universityProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1994
- Open Loans / Balance: 1 / $150,417
- APN: 242-500-52430-000
- Situs County: Virginia Beach City
Structure
- Building Style: Steel
- Stories: 2
- Building Condition: Average
- Building Quality: A
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 342,735/SqFt
- Lot: 2,161,347/SqFt
- Gross: 342,735/SqFt
- Living: 342,735/SqFt
- Building: 342,735/SqFt
Legal Description
- Description: OCEAN LAKES PHASE 3 PARCEL OL-1 49.6177 ACS
Building Insights
Land Information
- Property Type: Public Colleges/University
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Virginia Beach City Public Schools
- Lat / Lon: 36.77129 / -75.981705
- Subdivision: Ocean Lakes Phase 3
- Property Class: Exempt
- Zoning: PDH2
- County Use Code: 706
Amenities
- Heating Fuel Type: Electric
- Cooling: None
- Heating: Electric
Ownership Info
881 Schumann Dr has no associated ownership info
881 Schumann Dr has no associated ownership info.
Taxes
881 Schumann Dr has 8 associated Taxes items
855 Schumann Dr, 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 $48,451,100. The APN we've located for 855 Schumann Dr is 242-500-52430-000.
Unlock the full reportTax History
881 Schumann Dr 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 $48,451,100 | Land Value $6,079,200 | Improvement Value $42,371,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $50,230,800 | Land Value $6,074,200 | Improvement Value $44,156,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $50,174,800 | Land Value $6,074,200 | Improvement Value $44,100,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $52,530,400 | Land Value $6,074,200 | Improvement Value $46,456,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $49,096,900 | Land Value $6,074,200 | Improvement Value $43,022,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value $50,371,200 | Land Value $6,074,200 | Improvement Value $44,297,000 | Tax Amount $512,526.97 | Change Rate +0.017625% | Assessed CR | Tax Rate +0.010175% |
| Year 2019 | Assessed Value $50,365,000 | Land Value $6,074,200 | Improvement Value $44,290,800 | Tax Amount $503,650 | Change Rate | Assessed CR | Tax Rate +0.01% |
| Year 2018 | Assessed Value $50,365,000 | Land Value $6,074,200 | Improvement Value $44,290,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $52,202,300 | Land Value $6,074,200 | Improvement Value $46,128,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $52,097,600 | Land Value $6,074,200 | Improvement Value $46,023,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $52,253,300 | Land Value $6,074,200 | Improvement Value $46,179,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $53,191,100 | Land Value $6,300,400 | Improvement Value $46,890,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |