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 and storage. Includes assigned parking for 2 cars, bike, kayak and a private storage unit. Boat slips available (not included). Live the waterfront lifestyle just minutes from downtown Norfolk.
For sale
$610,000
40 Rader St APT 504, Norfolk, VA 23510
3beds
2,257sqft
Est.:
Condominium
Built in 1918
-- sqft lot
$608,500 Zestimate®
$270/sqft
$1,150/mo HOA
What's special
Two private balconiesRooftop patioElegant built-in china cabinet
- 44 days |
- 438 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Roger Lee,
Creed Realty 757-502-4070
Source: REIN Inc.,MLS#: 10624959
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Features
- Flooring: Carpet, Ceramic Tile, Laminate/LVP
- Has fireplace: No
Interior area
- Total interior livable area: 2,257 sqft
Property
Parking
- Parking features: Assigned, Off Street
Features
- Stories: 2
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Deep Water, Deep Water Access, River Front
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
Community & HOA
Community
- Subdivision: Downtown Area
HOA
- Has HOA: Yes
- Second HOA fee: $1,150 monthly
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $614,700
- Annual tax amount: $7,561
- Date on market: 3/15/2026
Estimated market value
$608,500
$578,000 - $639,000
$3,282/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax 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
$4,592/mo
Principal & interest
$2929
HOA Fees
$1150
Property taxes
$513
More affordability tools
Climate risks
Neighborhood: Ghent
Nearby schools
GreatSchools rating
- 8/10W.H. Taylor Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Blair Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Maury High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Willard Model 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Norfolk City
- Norfolk
- 23510
- Ghent
- 40 Rader St Apartment 504






