221 E 40th St Norfolk, VA 23504
Colonial Place NeighborhoodEstimated payment $2,789/month
Total Views
8,729
4
Beds
2.5
Baths
2,128
Sq Ft
$207
Price per Sq Ft
Highlights
- Colonial Architecture
- Attic
- No HOA
- Wood Flooring
- 2 Fireplaces
- Screened Porch
About This Home
Charming 1921 Colonial in Sought-After Riverview. You will fall in love with this 1921 Colonial for anyone looking to move into highly sought after neighborhood. Bursting with character, this grand home features gleaming hardwood floors, original built-ins, fireplaces, and two screened-in porches; perfect for entertaining or to fill with plants. Recent updates bring modern conveniences to this historical home, including a new natural gas furnace, fresh interior paint, and a tankless water heater. The third floor's finished attic offers exciting potential for a fifth bedroom and ensuite. Additional perks include first-floor laundry and a fully fenced backyard. Near the Virginia Zoo, kayak launches, local eateries, antique shops, and a soon-to-be renovated movie theater, this home offers a peaceful charm without having to sacrifice location. This is an estate "as is" sale for cash or a 203 Renovation Loan for any required updates. Eligible for historic rehab tax credits.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,753
Year Built
- Built in 1921
Lot Details
- Split Rail Fence
- Back Yard Fenced
- Property is zoned R-8
Home Design
- Colonial Architecture
- Slate Roof
- Vinyl Siding
Interior Spaces
- 2,128 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Window Treatments
- Entrance Foyer
- Workshop
- Screened Porch
- Utility Room
- Home Security System
- Basement
Kitchen
- Breakfast Area or Nook
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Jack-and-Jill Bathroom
Laundry
- Dryer
- Washer
Attic
- Scuttle Attic Hole
- Permanent Attic Stairs
Parking
- 1 Car Detached Garage
- Driveway
- On-Street Parking
Schools
- Granby Elementary School
- Blair Middle School
- Maury High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Radiator
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Patio
Community Details
- No Home Owners Association
- Riverview 202 Subdivision
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,753 | $386,400 | $105,000 | $281,400 |
| 2023 | $4,531 | $362,500 | $105,000 | $257,500 |
| 2022 | $4,156 | $332,500 | $75,000 | $257,500 |
| 2021 | $4,085 | $326,800 | $75,000 | $251,800 |
| 2020 | $4,085 | $326,800 | $75,000 | $251,800 |
| 2019 | $3,826 | $306,100 | $65,500 | $240,600 |
| 2018 | $3,579 | $286,300 | $65,500 | $220,800 |
| 2017 | $3,177 | $276,300 | $65,500 | $210,800 |
| 2016 | $3,062 | $260,800 | $62,000 | $198,800 |
| 2015 | $2,999 | $260,800 | $62,000 | $198,800 |
| 2014 | $2,999 | $260,800 | $62,000 | $198,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Price Changed | $440,000 | -2.2% | $207 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $450,000 | -- | $211 / Sq Ft |
Source: Real Estate Information Network (REIN)
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Norfolk, VA
Source: Real Estate Information Network (REIN)
MLS Number: 10591754
APN: 41713100
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