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Norfolk › LAMBERTS POINT › 1437 W 40th St✓ Source: REIN MLS #10649259 · record updated Aug 25, 2026 · synced every 2 min · your inquiry is never resold
1437 W 40TH ST, NORFOLK VA 23508 - Main photo
1437 W 40TH ST, NORFOLK VA 23508 - Photo 2
1437 W 40TH ST, NORFOLK VA 23508 - Photo 3
1437 W 40TH ST, NORFOLK VA 23508 - Photo 4
1437 W 40TH ST, NORFOLK VA 23508 - Photo 5
$399,900
$143 / sqft · est. $2,620/mo →
4beds
2.1baths
2,800sqft
11days on market

1437 W 40th St, Norfolk, VA 23508

Under ContractResidential · built 2008 · LAMBERTS POINT

Facts & features

Type

Residential

Year built

2008

Price / sqft

$143

HOA

None

Taxes

$5,139/yr

County

Norfolk VA

MLS #

10649259

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,800
Stories
1
Flooring
Carpet, Concrete, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
8
Other rooms
Attic, PBR with Bath, Pantry, Porch, Utility Closet
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener, Jetted Tub, Security Sys

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Privacy,Wood Fence

Utilities & systems

Heating
Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
LAMBERTS POINT
Zoning
R-8
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, 2 Space, Driveway Spc, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement, Owner Agent

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Beautiful two-story transitional home featuring an inviting first-floor open floor plan with a spacious living and dining area, family room, and open kitchen with center island. Upstairs, the generously sized primary suite offers a jetted tub, separate shower, and walk-in closet, along with three additional bedrooms and a shared full bath. A convenient laundry closet is also located on the second floor. The home includes a two-car garage and plenty of outdoor space to enjoy, with a welcoming front porch and private back deck overlooking a large, fully fenced yard. A new HVAC system was installed in April 2026. Refreshed with fresh paint and new carpet. Conveniently located near ODU, EVMS, NSU, TCC, and the Navy base, with easy access to the vibrant NEON District and all it has to offer.

Listing courtesy of Patricia Zuraw · Howard Hanna Real Estate Svcs. · REIN MLS #10649259

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

A 2008-built, four-bedroom, 2.1-bath single-family home in Norfolk spanning 2,800 square feet — just five minutes from Naval Medical Center Portsmouth and seven from USCG Base Portsmouth, putting two major installations well within reach of daily life.

Keep searching in Norfolk

See all Norfolk homes for sale, including homes for sale in 23508, homes for sale zoned for Kings Daughters Hosp. Ep., and homes for sale zoned for Larchmont Elementary School. Browse every listing among homes for sale in Norfolk — updated from the REIN MLS every few minutes. Nearby, look at Lamberts Point homes for sale, Norfolk waterfront homes for sale, Norfolk condos and townhomes for sale, and new construction homes in Norfolk.

Read the full overview ↓

Why this home stands out

Built in 2008, this home sits in a part of Norfolk where newer construction is genuinely rare — most of the surrounding blocks date back decades earlier. You get the character of an established neighborhood alongside the structural confidence of a home that's less than two decades old. Four bedrooms and 2,800 square feet give you real room to spread out, and the half bath means guests never have to wander upstairs.

LAMBERTS POINT and the Norfolk real estate market

The 23508 zip code covers a stretch of Norfolk that feels settled and purposeful — tree-lined streets, a mix of longtime owners and newer arrivals, and a strong sense of place that newer subdivisions rarely replicate. This particular block sits in a part of the city where walkable errands and quick commutes coexist comfortably. Norfolk itself is one of Hampton Roads' most layered cities: a working waterfront, a genuine arts scene, world-class medical infrastructure, and two of the region's most significant military installations all sharing the same zip codes. Families comparing homes for sale in 23508 often discover that this corridor punches above its weight — the proximity to Naval Medical Center Portsmouth alone makes it a natural landing spot for medical corps personnel and their families. Whether you're drawn by the commute math or the neighborhood feel, the address tends to hold its own.

What's nearby

Day-to-day life runs smoothly from here. The Ghent neighborhood — Norfolk's most walkable commercial district — is a short drive away, putting independent coffee shops, restaurants, and boutiques within easy reach. Whole Foods and a full slate of grocery options are close by, and Sentara Norfolk General Hospital anchors the medical corridor nearby. Larchmont Park and the Lafayette River greenway give you outdoor breathing room without a long drive. USCG Base Portsmouth is seven minutes out, Naval Medical Center Portsmouth is five, and Interstate 264 puts downtown Norfolk and the broader Hampton Roads highway network within comfortable range.

For different buyers

For military families relocating

Five minutes to Naval Medical Center Portsmouth and seven to USCG Base Portsmouth — the commute math here is hard to argue with. A VA loan fits this property type cleanly, and four bedrooms give you the flexibility most military families need: a home office, a guest room for visiting family, or space for a growing household. The 23508 zip code has long been a reliable address for medical corps and Coast Guard personnel.

For families upgrading

At 2,800 square feet across four bedrooms, this home gives an upgrading family genuine room to grow without the sprawl of a far-flung suburb. The 2008 build year means the bones are solid and the systems are relatively young. Families comparing homes for sale zoned for Larchmont Elementary School and homes for sale zoned for Kings Daughters Hosp. Ep. will find this address sits in a neighborhood with the kind of stability that makes an upgrade feel like a long-term decision, not just a short-term move.

More buyer questions

How far is 1437 W 40th St from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately five minutes away by car — one of the shortest base commutes you'll find among Norfolk homes for sale in this price tier and size range.

How far is 1437 W 40th St from USCG Base Portsmouth?

USCG Base Portsmouth is about seven minutes by car, making this address a practical choice for Coast Guard personnel stationed there.

What is the flood zone status for 1437 W 40th St?

Flood zone information for this address is displayed in the FloodRisk tile on this page — check there for the current FEMA designation and what it means for insurance.

Is there an HOA at 1437 W 40th St?

HOA status for this property is listed in the details section of this page; if applicable, governing documents are typically available through the listing.

Can a VA loan be used to purchase homes for sale in Norfolk like this one?

Yes — single-family residential properties in Norfolk are generally eligible for VA loan financing, and this property type fits the standard VA appraisal criteria; a VA-approved lender can confirm specifics for your situation.

Tom and Dariya Milan at LPT Realty know this part of Norfolk well — reach out to get your questions answered and schedule a walkthrough of 1437 W 40th St.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Norfolk$335K – $460K4+ beds

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Lamberts Point

Lamberts Point is a waterfront neighborhood in Norfolk, Virginia, situated along the Elizabeth River with views and access to the water.

$293K

Median sale · 12 mo

$192

Sold $/sq ft

45d

Days on market

7

For sale now

$60K

HH income

36.2%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Lamberts Point →
Map of Lamberts Point with neighborhood boundaryNeighborhood

Norfolk real estate →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$2,620/mo

Principal & interest

$2,075

Property tax

$428

Home insurance

$117

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Asking vs. assessment

98% of $408,300

City assessment record · taxes $5,139/yr

Land share of assessed value

18% — $71,500

Improvements $336,800 · assessor record ✓

Price context — similar nearby homes

$537,500 – $798,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

1534 Bolling AVE · 0.8 mi · 2,800 sqft$725,000 sold 2026-08
5231 Powhatan AVE · 0.7 mi · 2,650 sqft$663,000 sold 2026-06
1117 Buckingham AVE · 0.9 mi · 2,520 sqft$537,500 sold 2026-06

Sale & Tax History

List Price

$399,900

Price / Sq Ft

$143

Annual Taxes

$5,139

Monthly Tax

$428

HOA

None

Tax Rate (effective)

1.29%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 14, 2026$399,900—
Price reducedAug 18, 2026$399,900−$15,100
Currently listed—$399,900—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

Asking near assessment

Total Assessed

$408,300

Land

$71,500

Improvement

$336,800

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Norfolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Questions buyers ask

Is 1437 W 40th St in a good school zone?+
The assigned zones on the listing record are Larchmont Elementary (VaHome School Score 6.9/10), Blair Middle (VaHome School Score 3.5/10), Maury (VaHome School Score 3.8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1437 W 40th St in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Does 1437 W 40th St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1437 W 40th St built?+
It was built in 2008, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Patricia Zuraw · Howard Hanna Real Estate Svcs. · REIN MLS #10649259

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

1437 W 40th St, Norfolk — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

1437 W 40th St, Norfolk, Virginia 23508 · MLS #10649259 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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