72 days on market
$535,000
40 Rader St #505
Norfolk, Virginia 23510
MLS# 10621603 · DOWNTOWN AREA · Norfolk VA
Updated Apr 28, 2026 · Source: REIN MLS
Est. payment
$3,486/mo
Edit below
Price / sq ft
$290
1,848 sq ft
Days on market
72
HOA
None
Year built
1918
108 yrs old
Beds
2
Full Baths
2
Half Baths
1
Sq Ft
1,848
Garage
No
Schools
- ElementaryW.H. Taylor Elementary School8/10
- MiddleBlair Middle School4/10
- —
Info provided by GreatSchools
About this home
Enjoy waterfront living at its finest in this beautifully maintained 2-bedroom, 2.5-bath luxury condo in Norfolk. Filled with natural light, expansive windows frame stunning views of the Elizabeth River. The kitchen flows seamlessly into the living area, creating an ideal layout for everyday living and entertaining. Upstairs, both bedrooms feature private en-suite baths, including a spacious primary suite with vaulte…
Listed by Erin Ward · LPT Network Realty LLC
Location & Neighborhood
Location & Street View
40 Rader ST #505, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
2
Full Baths
2
Half Baths
1
Approx Sq Ft
1,848
Stories
2
Fireplaces
0
Flooring
Ceramic, Laminate/LVP, Marble
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$535,000
Price / Sq Ft
$290
Annual Taxes
$6,650
Monthly Tax
$554
HOA
None
Tax Rate (effective)
1.24%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Feb 26, 2026 | $535,000 | — |
| Currently listed | — | $535,000 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$492,300
Land
$77,000
Improvement
$415,300
Parcel ID: 1427673405 · View on city GIS portal
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:
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.
About buying in Norfolk
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$3,486/moPrincipal & interest
$2,776
Property tax
$554
Home insurance
$156
PMI
None
HOA
None
Estimate only. 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.
Listed by LPT Network Realty LLC · MLS# 10621603
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$535,000
40 Rader ST #505, NORFOLK VA 23510
Norfolk, Virginia 23510
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