Norfolk › LAMBERTS POINT › 1437 W 40th St✓ Source: REIN MLS #10649259 · record updated Sep 28, 2026 · synced every 2 min · your inquiry is never resold

1437 W 40TH ST, NORFOLK VA 23508 - Main photo

$400,000

4beds

2.1baths

2,800sqft

10days on market

1437 W 40th St, Norfolk, VA 23508

SoldResidential · 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

This four-bedroom, 2.1-bath home built in 2008 sits on a quiet Norfolk block just minutes from Naval Medical Center Portsmouth. With 2,800 square feet of living space, it's a solid foundation for anyone comparing Norfolk homes for sale in this commute-friendly area.

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

You get four bedrooms and genuine living room to spread out. The 2008 construction means updated systems without the premium price tag of newer builds. A fenced yard anchors the property, and you're walking distance to parks, coffee shops, and dining. The location cuts your commute to the medical center to five minutes—a real advantage if that's your workplace.

LAMBERTS POINT and the Norfolk real estate market

West 40th Street sits in a residential pocket of Norfolk where tree-lined blocks meet everyday convenience. The neighborhood has that lived-in, established feel—families and professionals share the same streets, and the architecture spans decades. You're close enough to Old Dominion University's campus to feel the neighborhood's energy without the student-housing chaos. Norfolk itself is a working waterfront city with roots in military and maritime heritage. Getting around is straightforward: I-64 is minutes away, and the downtown core sits about ten minutes south. Anyone exploring homes for sale in 23508 will notice the mix of affordability and accessibility that defines this zip code. The neighborhood anchors homes for sale in Norfolk by offering genuine neighborhood character without the price premium of closer-in areas.

What's nearby

Daily life centers on what's within a few blocks. Serina Cafe sits just 0.3 miles away for a quick meal, and FR8 House Coffee Co. is 0.4 miles if you want your morning ritual nearby. Grocery stops include Miller's Neighborhood Market and The Fresh Market, both under a mile. For fitness, the ODU Student Recreation & Well-Being Center is 0.4 miles, and StretchLab and Club Pilates are equally close. Parks anchor the block: 37th Street Park is steps away, with Lambert's Point Open Space and Weyanoke a short walk beyond.

For different buyers

Base commute and VA loan notes

Naval Medical Center Portsmouth is five minutes away by car—a major commute advantage if that's your workplace. VA loan financing is common in this zip code, and the four-bedroom layout with fenced yard gives you room to settle in without a long hunt. The 2008 build means systems are current and move-in timing can be quick.

Room to grow

Four bedrooms give each household member their own space or a dedicated office. The fenced yard is ready for play or garden projects. At 2,800 square feet, the floor plan offers genuine separation between living zones. Storage and garage space round out the practical side of room to grow here.

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

Norfolk$340K – $460K4+ beds

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Schools

VaHome School Score

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

ElementaryLarchmont Elementary School
6.9/10
MiddleBlair Middle School
3.5/10
HighKings Daughters Hosp. Ep.
—

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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510104

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

10.1 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone B

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

Explore this neighborhood

Lamberts Point

Lamberts Point is a neighborhood on the water in Norfolk, Virginia. It sits along the Elizabeth River, with water views and water access. The homes range from settled properties to newer developments.

$300K

Median sale · 12 mo

$193

Sold $/sq ft

43d

Days on market

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 →

Neighborhood

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

Down payment20% · $80,000

Interest rate6.75%

Loan term30 years

Principal & interest

$2,076

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.

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

1305 Armistead Bridge RD · 0.8 mi · 3,181 sqft$798,000 sold 2026-07

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

Sale & Tax History

List Price

$400,000

Price / Sq Ft

$143

Annual Taxes

$5,139

Monthly Tax

$428

HOA

None

Tax Rate (effective)

1.28%

Sale Timeline (this listing)

Event	Date	Price	Detail
Listed	Sep 18, 2026	$400,000	—
Price increased	Sep 28, 2026	$400,000	+$100
Sold	Sep 24, 2026	$400,000	—

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

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in Norfolk 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.

✆

1437 W 40th St, Norfolk, VA 23508

Facts & features

About this home

Our read on this home

Why this home stands out

LAMBERTS POINT and the Norfolk real estate market

What's nearby

For different buyers

Base commute and VA loan notes

Room to grow

More buyer questions

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

Schools

Flood & environment

🌊 Flood Risk (FEMA)

Hurricane Evacuation Zone

Lamberts Point

Minutes to real places, not a score

Location & Neighborhood

Military Commute

Run the real carrying cost

Estimate your monthly payment

Judge value on real ground

Sale & Tax History

Sale Timeline (this listing)

Public-Records Assessment

Comparable Properties

Questions buyers ask

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

This one's sold — the next one doesn't have to be.

Flood Risk (FEMA)