Seller's Agent in 2025
Christopher Castle
Iron Valley Real Est. Prestige
(540) 631-6462
2 in this area
203 Total Sales
1228 W 40th St Norfolk, VA 23508
Lambert's Point Neighborhood
3
Beds
2
Baths
913
Sq Ft
2,470
Sq Ft Lot
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 1-Story Property
- Bungalow
- Carpet
About This Home
As of April 2025Tucked into this commuter neighborhood a mere 2 blocks from ODU and 5 min drive to EVMS, find yourself a cozy little spot of your own in this cute-as-a-bugs-ear bungalow in this burgeoning community cuddled by Ghent and Larchmont. It's modest, clean, crisp, and has new flooring, paint, roof, newer replacement window, new appliances, and will make you feel like a King/Queen in this budget-friendly mini castle. Nice concrete driveway with enough for 2 cars or 24 Lime scooters. It's efficient and easy to emerge into the world of home ownership. Easily commute to anywhere in downtown Norfolk. 21st St with its great restaurants, Fresh Market, Aldi, Panera, 5 Guys, and so much more are a stone's throw away. And heck, it's 200 ft to Taco Bell!
Last Agent to Sell the Property
Iron Valley Real Est. Prestige Listed on: 03/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,075
Year Built
- Built in 1988
Lot Details
- 2,470 Sq Ft Lot
- Back Yard Fenced
- Property is zoned R-8
Parking
- 2 Car Parking Spaces
Home Design
- Bungalow
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 913 Sq Ft Home
- 1-Story Property
- Electric Range
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Larchmont Elementary School
- Blair Middle School
- Maury High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Electric Water Heater
Community Details
- No Home Owners Association
- Lamberts Point Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2025
Closed on
Apr 3, 2025
Sold by
Talbot Park Associates Ii Llc
Bought by
Fuller Ean
Seller's Agent
Christopher Castle
Iron Valley Real Est. Prestige
Buyer's Agent
Andy Nelson
Iron Valley Real Estate HR
List Price
$250,000
Sold Price
$250,000
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,623
Avg. Annual Appreciation
-0.02%
Original Mortgage
$255,375
Outstanding Balance
$254,285
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
-$4,338
Purchase Details
Closed on
May 24, 2018
Sold by
Rilada Llc A Virginia Limited Liability
Bought by
Talbot Park Associates Ii Llc A Virginia
Purchase Details
Closed on
Jul 7, 2010
Sold by
Zeno Allan S
Bought by
Rilada Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $250,000 | Noble Title | |
| Deed | -- | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,375 | VA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $250,000 | 0.0% | $274 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 03/03/2025 03/03/25 | For Sale | $250,000 | -- | $274 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,420 | $193,600 | $32,000 | $161,600 |
| 2024 | $2,075 | $168,700 | $32,000 | $136,700 |
| 2023 | $1,890 | $151,200 | $27,000 | $124,200 |
| 2022 | $1,743 | $139,400 | $22,500 | $116,900 |
| 2021 | $1,559 | $124,700 | $22,500 | $102,200 |
| 2020 | $1,419 | $113,500 | $18,000 | $95,500 |
| 2019 | $1,419 | $113,500 | $18,000 | $95,500 |
| 2018 | $1,333 | $106,600 | $18,000 | $88,600 |
| 2017 | $1,168 | $101,600 | $16,500 | $85,100 |
| 2016 | $1,117 | $97,100 | $15,000 | $82,100 |
| 2015 | $1,117 | $97,100 | $15,000 | $82,100 |
| 2014 | $1,117 | $97,100 | $15,000 | $82,100 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Castle
-
Andy Nelson
Buyer's Agent in 2025
Andy Nelson
Iron Valley Real Estate HR
(336) 327-6492
1 in this area
273 Total Sales
-
Jasmine Young
Buyer Co-Listing Agent in 2025
Jasmine Young
Iron Valley Real Estate HR
(757) 915-7987
1 in this area
25 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10572007
APN: 78479410
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