56 days on market
$610,000
40 Rader St #504
Norfolk, Virginia 23510
MLS# 10624959 · DOWNTOWN AREA · Norfolk VA
Updated May 6, 2026 · Source: REIN MLS
Est. payment
$3,973/mo
Edit below
Price / sq ft
$270
2,257 sq ft
Days on market
56
HOA
None
Year built
1918
108 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
2,257
Garage
No
Schools
- ElementaryWillard Model Elementary School7/10
- MiddleBlair Middle School4/10
- —
Info provided by GreatSchools
About this home
*******Back on market due to no fault of the Seller. All inspections have been completed and cleared******* Penthouse condo with stunning views of the Elizabeth River and Norfolk Skyline! This spacious 2 story 3 bed, 2 bath home in Freemason Harbor features two private balconies plus a rooftop patio, and elegant built-in China Cabinet. Upstairs all bedrooms provide privacy and comfort. Built-ins throughout add charm…
Listed by Roger Lee · Creed Realty
Location & Neighborhood
Location & Street View
40 Rader ST #504, Norfolk
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Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
2,257
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$610,000
Price / Sq Ft
$270
Annual Taxes
$7,561
Monthly Tax
$630
HOA
None
Tax Rate (effective)
1.24%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 15, 2026 | $610,000 | — |
| Currently listed | — | $610,000 | — |
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
$3,973/moPrincipal & interest
$3,165
Property tax
$630
Home insurance
$178
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 Creed Realty · MLS# 10624959
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$610,000
40 Rader ST #504, NORFOLK VA 23510
Norfolk, Virginia 23510
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