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For sale
  • $579,900

    40 Rader St APT 504, Norfolk, VA 23510

    3beds
    2,010sqft
    : 
    $4,986/mo
    Get pre-qualified
    Condominium
    Built in 1918
    -- sqft lot
    $573,000 Zestimate®
    $289/sqft
    $1,150/mo HOA

    What's special

    Panoramic viewsHistoric characterTwo dedicated parking spacesWaterfront viewsTwo levelsNew hvac system
    SELLER OFFERING UP TO $14,000 BUYER CREDIT! Use it toward an interest-rate buydown, eligible closing costs, or condo fees—giving buyers flexibility to make this luxury waterfront home more affordable. Major updates include a new HVAC system, water heater, and washer/dryer combination, providing additional peace of mind for the next owner. Two Levels. Waterfront Views. More Than a Century of Norfolk History. Welcome to 40 Rader St, Unit 504, where waterfront living places you within easy reach of some of Norfolk's best entertainment, dining and experiences. Spend an evening enjoying Waterside District, waterfront restaurants and live music, or experience signature Norfolk events including Harborfest, the Norfolk Waterfront Jazz Festival and seasonal festivals at Town Point Park. Watch yachts and boats travel the Elizabeth River, enjoy the energy of Downtown Norfolk, or turn vacation mode on with Carnival cruises departing right from Norfolk. And when the festivities are over, come home to your own two-level waterfront retreat with panoramic views. Historic character. Waterfront scenery. Dining. Festivals. Yachts. Cruises. Entertainment. And don't forget the $14,000 seller credit! Buy down your interest rate, apply it toward allowable closing costs, or use it toward condo fees. You choose how to make the incentive work best for you, subject to lender and association requirements. The condo association includes water, trash, cable, flood liability coverage, and building insurance, along with access to a fitness center, clubhouse, private storage, and two dedicated parking spaces. Come see the views, experience the lifestyle, and discover why Unit 504 may be the waterfront home you've been waiting for. This isn't simply a place to live — it's a Norfolk waterfront lifestyle. Schedule your private tour today.
    5 hours
    76
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    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Lee,

    Creed Realty 757-502-4070

    Source: REIN Inc.,MLS#: 10651611MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Assigned Storage, PBR with Bath, Utility Closet
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
      Features
      • Ceiling Fan(s), Entrance Foyer, Pantry
      • Flooring: Carpet, Ceramic Tile, Laminate/LVP
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,010 sqft

      Property

      Parking
      • Parking features: Assigned, Off Street
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Stories: 2
      • Patio & porch: Patio
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: Harbor, River
      • Has water view: Yes
      • Water view: Harbor,River
      • Waterfront features: Deep Water, Deep Water Access, Dock, River Front
      Lot
      • Size: 1,267 Square Feet
      Details
      • Parcel number: 34077776

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Other
      • Foundation: Pile
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1918

      Utilities & green energy

      • Sewer: City/County
      • Water: City/County
      Green energy
      • Energy efficient items: Concrete Construction

      Community & HOA

      Community
      • Subdivision: Downtown Area
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Clubhouse, Dock, Elevator(s), Landscaping, Security, Sewer, Trash, Water
      • Second HOA fee: $1,150 monthly
      Location
      • Region: Norfolk

      Financial & listing details

      • Price per square foot: $289/sqft
      • Tax assessed value: $614,700
      • Annual tax amount: $7,561
      • Date on market: 9/2/2026

        Estimated market value

        $573,000

        $544,000 - $602,000

        $3,090/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$7,561 +8.7%$614,700 +8.7%
        2024$6,958 +8.7%$565,700 +10.4%
        2023$6,403 +26.2%$512,200 +26.2%
        2022$5,075 +17.4%$406,000 +17.4%
        2021$4,323 -4.7%$345,800 -4.7%
        2020$4,535 $362,800
        2019$4,535 -14.1%$362,800 -14.1%
        2018$5,279 -1.4%$422,300 -9.3%
        2017$5,353 $465,500 -6%
        2016$5,353 -5.1%$495,400
        2015$5,643 $495,400
        2014$5,643 $495,400
        2013-- $495,400
        2012-- $495,400 -8.4%
        2011-- $540,900 -1.8%
        2010-- $550,900
        2009-- $550,900 +15.4%
        2008-- $477,200 -0.5%
        2007-- $479,700 +29.5%
        2006-- $370,300 +21.4%
        2005-- $305,000 +10.9%
        2004-- $275,000 +23.5%
        2003-- $222,700 +6.4%
        2002-- $209,400 +10.7%
        2001-- $189,100 0%
        2000-- $189,110
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ghent

        Getting around

        26 / 100
        Car-Dependent
        63 / 100
        Good Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Walter Herron Taylor Elementary
        • Middle: Blair Middle
        • High: Maury

        Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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