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NorfolkDOWNTOWN AREA40 Rader St #413✓ Source: REIN MLS #10612637 · record updated May 6, 2026 · synced every 2 min · your inquiry is never resold
40 Rader ST #413, NORFOLK VA 23510 - Main photo
$355,000
$257 / sqft · est. $2,984/mo →
2beds
2baths
1,379sqft
151days on market

40 Rader St #413, Norfolk, VA 23510

Off MarketResidential · built 1918 · DOWNTOWN AREA

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bulkhead, Deep Water, Dock.

Frontage

Waterfront ✓ VERIFIED

Dock

Dock

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Exquisite waterfront condo, enjoy harbor and city views, with floor to ceiling windows in the primary and common space enhancing this experience. The open floor plan features a contemporary custom kitchen with amazing storage and pantry. The primary bedroom has an en-suite bathroom, a walk-in closet, and an additional storage closet. The secondary bedroom is spacious with a walk-in closet. An additional storage space is also included. One designated parking spot. Mass transit station nearby as well as ferries plying the Elizabeth to historic Portsmouth. Minutes from fine dining, museums, parks, and the interstate, convenient to explore all of Hampton Roads.

Listing courtesy of John Emry · EXIT Realty Central · REIN MLS #10612637

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1918

Price / sqft

$257

Condo fee

$747/mo

Taxes

$3,492/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10612637

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,379
Stories
1
Flooring
Carpet, Ceramic
First-floor bed & full bath
Yes
Total rooms
4
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, Balcony
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Refrigerator, Washer, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Mid Rise
Subtype
Attached
Foundation
Other
Roof
Other
Exterior
Other
Pool
No Pool
Waterfront
Bulkhead,Deep Water,Dock
Deep-water access
Yes

Utilities & systems

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

Lot, parking & ownership

Subdivision
DOWNTOWN AREA
Unit / floor
1
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved, Lot, Off Street
Possession
CLOSING
Disclosures
Disclosure Statement, Related to Seller

See more Norfolk waterfront homes.

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

Flood & environment

FEMA flood zone AE · base flood elevation 9 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone A

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

In the Downtown Newport News neighborhood of Norfolk. 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

$2,237/mo

Principal & interest

$1,842

Property tax

$291

Home insurance

$104

PMI

None

HOA/Condo (paid separately)

$747

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

72% of $492,300

City assessment record · taxes $3,492/yr

Land share of assessed value

16% — $77,000

Improvements $415,300 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$255,000$350,000

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.

255 College Cross · 0.3 mi · 1,390 sqft$312,000 sold 2026-05
429 York ST #4B · 0.2 mi · 1,276 sqft$350,000 sold 2026-06
401 College PL #13 · 0.3 mi · 1,234 sqft$295,000 sold 2026-06

Sale & Tax History

List Price

$355,000

Price / Sq Ft

$257

Annual Taxes

$3,492

Monthly Tax

$291

Condo fee

$747 / mo

Tax Rate (effective)

0.98%

Sale Timeline (this listing)

EventDatePriceDetail
ListedDec 10, 2025$355,000
Currently listed$355,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

28% below assessment

Total Assessed

$492,300

Land

$77,000

Improvement

$415,300

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

Real questions, answered from the record

Is 40 Rader St #413 in a good school zone?+
The assigned zones on the listing record are Walter Herron Taylor Elementary, Blair Middle (GreatSchools 4/10), Maury (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 40 Rader St #413 in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 9 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 40 Rader St #413?+
Yes — Blocker Norfolk Family YMCA is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 40 Rader St #413?+
Ben White Dog Park is about 0 miles away.
Where is the nearest grocery store to 40 Rader St #413?+
Mercato Di Grazia is about 0.6 miles away. The closest dining on record is The Restaurant at Four Eleven York (0.2 mi).
Is 40 Rader St #413 a waterfront property?+
Yes. The listing record shows: Bulkhead,Deep Water,Dock.
Does 40 Rader St #413 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is The Pier Association.
When was 40 Rader St #413 built?+
It was built in 1918, 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 John Emry · EXIT Realty Central · REIN MLS #10612637

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.

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

Call or text (757) 777-7577

40 Rader St #413, Norfolk, Virginia 23510 · MLS #10612637 · 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.