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Sold for $600,000
  • $600,000

    40 Rader St APT 507, Norfolk, VA 23510

    3beds
    1,856sqft
    Condominium
    Built in 1918
    -- sqft lot
    $610,100 Zestimate®
    $323/sqft
    $2,674 Estimated rent

    Home value

    $610,100

    $567,000 - $659,000

    $2,674/mo

    Zestimate® history
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    What's special

    Sophisticated waterfront condo enjoys bold river and city views. This two story penthouse unit has two waterfront balconies plus a private patio, offering outdoor space for dining Al fresco, or just watching the always changing river traffic go by. Totally renovated, from floor to ceiling, this pleasing open floor plan features a contemporary custom kitchen with amazing built-ins and storage. Extensive use of natural stone adds to the rich, custom feel throughout. Floor to ceiling windows in most rooms allow you to enjoy river views and a sunny southern exposure. All three bedrooms have custom wall cabinetry. The primary bedroom has an en-suite bathroom and walk-in closet with an additional work station. Two assigned off-street parking spaces and an assigned storage space convey. Two boat slips convey, each one is $155/mo. 2025-06-09

    Zillow last checked:

    Bought with:

    Norfolk Office

    Source: Berkshire Hathaway HomeServices Towne Realty Solds,MLS#: 10554560

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Interior area
    • Total structure area: 1,856
    • Total interior livable area: 1,856 sqft

    Property

    Features
    • Waterfront features: Waterfront
    • Frontage type: Waterfront
    Details
    • Parcel number: 34077779

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1918

    Community & neighborhood

    Security
    • Security features: Gated Entry
    Location
    • Region: Norfolk

    Price history

    DateEventPrice
    6/10/2025Sold$600,000-4%$323/sqft
    Source: Public Record Report a problem
    6/5/2025Contingent$625,000$337/sqft
    Source: REIN Inc. #10554560 Report a problem
    3/26/2025Price change$625,000-3.8%$337/sqft
    Source: REIN Inc. #10554560 Report a problem
    2/18/2025Price change$650,000-4.3%$350/sqft
    Source: REIN Inc. #10554560 Report a problem
    1/24/2025Price change$679,000-2.9%$366/sqft
    Source: REIN Inc. #10554560 Report a problem
    12/6/2024Price change$699,000-8%$377/sqft
    Source: REIN Inc. #10554560 Report a problem
    10/10/2024Listed for sale$760,000+108.2%$409/sqft
    Source: REIN Inc. #10554560 Report a problem
    2/3/2020Sold$365,000-6.2%$197/sqft
    Source: Public Record Report a problem
    11/12/2019Price change$389,000-4%$210/sqft
    Source: Chandler Realty #10285316 Report a problem
    10/8/2019Listed for sale$405,000$218/sqft
    Source: Chandler Realty #10285316 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,311 +8.3%$594,400 +8.3%
    2024$6,751 +0.5%$548,900 +2.2%
    2023$6,716 +28.3%$537,300 +28.3%
    2022$5,235 +16.2%$418,800 +16.2%
    2021$4,504 +2%$360,300 +2%
    2020$4,418 $353,400
    2019$4,418 +0%$353,400 +0%
    2018$4,416 +7.7%$353,300 -0.9%
    2017$4,100 $356,500 -8.4%
    2016$4,100 -7.5%$389,000
    2015$4,432 $389,000
    2014$4,432 $389,000
    2013-- $389,000
    2012-- $389,000 -8.3%
    2011-- $424,000 -1.8%
    2010-- $431,700
    2009-- $431,700
    2008-- $431,700 -0.4%
    2007-- $433,600 +21.6%
    2006-- $356,600 +20.7%
    2005-- $295,400 +10.7%
    2004-- $266,900 +25.4%
    2003-- $212,800 +1.3%
    2002-- $210,000 +10.1%
    2001-- $190,800 0%
    2000-- $190,830

    Find assessor info on the county website

    Neighborhood: Ghent

    Nearby schools

    GreatSchools rating
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    $610,100
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    With Zillow Showcase(estimated)
    $622,302