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Norfolk › LAMBERTS POINT › 1437 W 40th St✓ Source: REIN MLS #10649259 · record updated Sep 8, 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
4beds
2.1baths
2,800sqft
10days 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

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

A 2,800-square-foot, four-bedroom home built in 2008 puts you half a mile from Old Dominion University, five minutes from Naval Medical Center Portsmouth, and steps from 37th Street Park — all inside one of Norfolk's most walkable, amenity-rich zip codes.

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

Most homes in this part of Norfolk trade age for location or location for space — 1437 W 40th St sidesteps that compromise. Built in 2008, it delivers a modern floor plan with 2,800 square feet, four bedrooms, and 2.1 baths in a corridor where walkable coffee shops, grocers, and green space are genuinely part of daily life, not a marketing footnote.

LAMBERTS POINT and the Norfolk real estate market

West 40th Street sits in a pocket of Norfolk that feels like a small city within a city. You're close enough to Old Dominion University to feel the energy of a college neighborhood — weekend farmers' markets, independent cafés, and a density of parks — without being in the middle of campus noise. Lambert's Point and the surrounding streets have a lived-in, community-first character: neighbors who wave, sidewalks that actually get used, and green corridors that break up the urban grid in all the right places. Norfolk itself is a city that rewards people who lean into it. The waterfront, the Ghent arts district, JANAF, and the medical corridor along Colley Avenue are all within a short drive. Families comparing Norfolk homes for sale in this zip code often find that 23508 punches above its weight — the infrastructure of a larger city with the feel of a genuine neighborhood. Norfolk is also one of the most VA-loan-active markets in Virginia, which matters when you're weighing your financing options.

What's nearby

Daily errands are genuinely walkable from 1437 W 40th St. Serina Cafe is just 0.3 miles away for a sit-down breakfast, and both Dunkin' and FR8 House Coffee Co. are within 0.4 miles when you need coffee on the move. Miller's Neighborhood Market and The Fresh Market cover grocery runs at under a mile. For fitness, the ODU Student Recreation & Well-Being Center, StretchLab, and Club Pilates are all within half a mile. Best of all, 37th Street Park is a 0.1-mile walk — a genuine backyard extension — and Lambert's Point Open Space and Weyanoke round out the green space within easy reach.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is five minutes away, and USCG Base Portsmouth is seven — making 1437 W 40th St one of the more strategically located addresses for dual-military households or medical personnel. The VA loan is widely used in this market, and the home's 2008 construction means fewer of the deferred-maintenance surprises that older Norfolk stock can carry.

For first-time buyers

If you're sorting through homes for sale in 23508 for the first time, this address checks boxes that are hard to find together: post-2000 construction, four bedrooms, walkable amenities, and proximity to two military installations. The neighborhood has real roots — it's not a transitional block — and the park at 37th Street is a genuine community anchor.

More buyer questions

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

Naval Medical Center Portsmouth is approximately five minutes by car — a commute that holds up well even during peak morning traffic on the Hampton Roads Bridge-Tunnel corridor.

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

Flood zone determinations for this address are covered in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the 23508 zip code.

What schools serve 1437 W 40th St?

Families researching homes for sale zoned for Larchmont Elementary School and homes for sale zoned for Kings Daughters Hosp. Ep. will find this address falls within those attendance zones — the Schools tile on this page has current boundary and rating details.

Is there a park within walking distance of 1437 W 40th St?

Yes — 37th Street Park is just 0.1 miles away, and Lambert's Point Open Space and Weyanoke are both within half a mile, giving the block an unusually strong green-space footprint for an urban Norfolk address.

Does 1437 W 40th St have a garage?

Garage and parking details for this property are best confirmed through the current listing data or a walkthrough — contact Tom and Dariya Milan at LPT Realty for the most accurate specifics.

Ready to walk 1437 W 40th St in person? Tom and Dariya Milan know this Norfolk corridor well — reach out and they'll set it up.

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

6

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

$495,000 – $590,000

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.

915 Colley AVE #A · 1.2 mi · 2,710 sqft$523,000 sold 2026-07
734 Shirley AVE · 1.1 mi · 3,096 sqft$590,000 sold 2026-05
1106 Redgate AVE · 1 mi · 2,409 sqft$567,000 sold 2026-06

Own a home nearby? See what it is worth today — What's your Norfolk home worth?

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
Price reducedAug 18, 2026$399,900−$15,100
ListedAug 29, 2026$399,900—
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

Brokered by 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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