Robert Ramey
Howard Hanna Real Estate Svcs.
(757) 280-3256
75 Total Sales
1 in Lambert's Point
$335,000 Price
1536 W 40th St Norfolk, VA 23508
Lambert's Point NeighborhoodEstimated Value: $502,092 - $512,000
8
Beds
5
Baths
3,500
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Government Subsidized Program
- Ceiling Fan
- Bar
- Central Air
- 1 Car Attached Garage
About This Home
As of June 2026STUDENT HOUSING. House features 8 bedrooms and 5 full bathrooms. Each tenant will have a private room and share a bathroom with only 1 other tenant. All groups, including sports teams and student organizations are welcome. The first floor has a large kitchen and living room which can be used as a common meeting room. Washer and Dryer is at the house, and heating and cooling are served by a dual level HVAC system. This place is near the South West corner of the ODU campus. Lease includes monthly maintenance visits, HVAC filter replacement, light bulb replacements, lawn care, and general maintenance as needed. Lease will start 8/1/2026. Please contact agent directly for showings. Check out the video tour, or email to have it sent to you.
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Home Details
Home Type
- Single Family
Year Built
- Built in 1987
Lot Details
- 3,920
Home Design
- Contemporary Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,500 Sq Ft Home
- Property has 3 Levels
- Bar
- Ceiling Fan
- Blinds
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Driveway
- On-Street Parking
Schools
- Larchmont Elementary School
- Blair Middle School
- Maury High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Back Yard Fenced
- Government Subsidized Program
Community Details
- Lamberts Point Subdivision
Listing and Financial Details
- Rent includes ground maint
- Section 8 Allowed
- 12 Month Lease Term
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2021
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Sep 26, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 26, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,880
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2010
Sold by
Bought by
Purchase Details
Closed on
Apr 30, 2008
Sold by
Bought by
Purchase Details
Closed on
Jan 26, 2007
Sold by
Bought by
Purchase Details
Closed on
Sep 7, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 27, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.15%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lambert's Point, VA
-
Robert Ramey
-
Andy Nelson
Andy Nelson
Responds QuicklyIron Valley Real Estate HR
(743) 222-3323
291 Total Sales
1 in Lambert's Point
$250,000 Price
-
Matthew Salway
Matthew Salway
Iron Valley Real Estate HR
(585) 627-0720
495 Total Sales
2 in Lambert's Point
$290K - $300K Price Range
-
Mary Barclay
Mary Barclay
Swell Realty Co.
(757) 982-8776
90 Total Sales
1 in Lambert's Point
$300,000 Price
-
Sudan Weng
Sudan Weng
Green Tree Real Estate Inc
(757) 859-8524
148 Total Sales
1 in Lambert's Point
$422,999 Price
-
Micah Lee
Micah Lee
Seaside Realty
(757) 760-3831
255 Total Sales
1 in Lambert's Point
$335,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Equity Title | ||
| $285,000 | Attorney | ||
| $262,350 | Priority Title & Escrow Llc | ||
| -- | -- | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $130,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $216,468 | ||
| Previous Owner | $213,750 | ||
| Previous Owner | $209,880 | ||
| Previous Owner | $52,500 | ||
| Previous Owner | $226,800 | ||
| Previous Owner | $15,000 | ||
| Previous Owner | $185,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2026 06/03/26 | Rented | $3,600 | -30.8% | -- |
| 05/26/2026 05/26/26 | Off Market | $5,200 | -- | -- |
| 02/16/2026 02/16/26 | For Rent | $5,200 | -- | -- |
Source: Real Estate Information Network (REIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,508 | $447,800 | $48,500 | $399,300 |
| 2024 | $5,494 | $446,700 | $48,500 | $398,200 |
| 2023 | $5,034 | $402,700 | $41,000 | $361,700 |
| 2022 | $4,681 | $374,500 | $34,000 | $340,500 |
| 2021 | $4,113 | $329,000 | $34,000 | $295,000 |
| 2020 | $3,784 | $302,700 | $27,000 | $275,700 |
| 2019 | $3,784 | $302,700 | $27,000 | $275,700 |
| 2018 | $3,541 | $283,300 | $27,000 | $256,300 |
| 2017 | $3,113 | $270,700 | $24,500 | $246,200 |
| 2016 | $2,964 | $263,100 | $24,300 | $238,800 |
| 2015 | $2,996 | $263,100 | $24,300 | $238,800 |
| 2014 | $2,996 | $263,100 | $24,300 | $238,800 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Mangold
Landlord's Agent in 2026
Chris Mangold
Abrams Realty
(757) 390-0350
89 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10620406
APN: 32480204
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