245 E 40th St Norfolk, VA 23504
Colonial Place-Riverview NeighborhoodEstimated payment $3,646/month
Highlights
- Deck
- Main Floor Bedroom
- 2 Fireplaces
- Transitional Architecture
- Attic
- No HOA
About This Home
Located just moments from stunning views of the Lafayette River and Downtown Norfolk, this spacious home offers comfort, style, and versatility. The home was completely remodeled in 2021 providing many spectacular updates including stainless steel appliances, granite countertops, and updated flooring throughout. The home features four generously sized bedrooms and three full bathrooms. Multiple living spaces include a formal living area with a gas fireplace and an additional informal living space with a second gas fireplace, perfect for entertaining or relaxing. The expansive primary suite is a true retreat, showcasing a huge en-suite bath with jetted tub and dual vanity. This home combines thoughtful design with an unbeatable location in this historic Riverview neighborhood.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,928
Year Built
- Built in 2002
Lot Details
- Partially Fenced Property
- Privacy Fence
Home Design
- Transitional Architecture
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,778 Sq Ft Home
- 2-Story Property
- Bar
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Utility Room
- Washer and Dryer Hookup
- Crawl Space
- Permanent Attic Stairs
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Jack-and-Jill Bathroom
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Parking
- 1 Car Detached Garage
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Schools
- Granby Elementary School
- Blair Middle School
- Maury High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Riverview 202 Subdivision
Map
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 |
|---|---|---|---|---|
| 2025 | $7,041 | $563,300 | $105,000 | $458,300 |
| 2024 | $6,685 | $543,500 | $105,000 | $438,500 |
| 2023 | $6,329 | $506,300 | $105,000 | $401,300 |
| 2022 | $5,954 | $476,300 | $75,000 | $401,300 |
| 2021 | $5,713 | $457,000 | $75,000 | $382,000 |
| 2020 | $5,713 | $457,000 | $75,000 | $382,000 |
| 2019 | $5,469 | $437,500 | $65,500 | $372,000 |
| 2018 | $5,105 | $408,400 | $65,500 | $342,900 |
| 2017 | $4,557 | $396,300 | $65,500 | $330,800 |
| 2016 | $4,379 | $379,100 | $62,000 | $317,100 |
| 2015 | $4,360 | $379,100 | $62,000 | $317,100 |
| 2014 | $4,360 | $379,100 | $62,000 | $317,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2026 01/22/26 | For Sale | $589,900 | -- | $212 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $495,000 | 1St Choice Title Solns Llc | |
| Bargain Sale Deed | $419,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $470,250 | New Conventional | |
| Previous Owner | $62,985 | Credit Line Revolving | |
| Previous Owner | $335,920 | New Conventional |
Source: Real Estate Information Network (REIN)
MLS Number: 10617344
APN: 14110170
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