$345,000
SOLD DEC 20, 2024
2 Beds
2 Baths
1,275 Sq Ft
828 Sq Ft Lot

Recently Sold

$271 Per Sq Ft

1% Below List Price

37 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Clubhouse
  • Home fronts navigable water
  • River View
  • 1-minute walk to Bea Arthur Dog Park

About This Home

As of December 2024

Discover your dream waterfront condo, offering stunning views of the Elizabeth River and the downtown Norfolk skyline right from your own private balcony. Both bathrooms tout upgrades including quartz countertops, fixtures, tile & refinished cabinets. This exceptional unit includes a separately titled boat slip, great for a 40-foot vessel, with a monthly assessment of 155. Ideally situated near EVMS, light rail, downtown Norfolk, and Ghent, this condo is a prime location for city living. The condo fee encompasses water and sewer, trash removal, recycling, basic cable, monthly pest control, grounds maintenance, and the services of an on-site building manager Monday through Friday, all managed by The Select Group. Additional amenities include bike, kayak, and stand-up paddleboard storage, enhancing your living experience at The Pier. Nestled away from the main road, this tranquil retreat offers easy access to all urban conveniences. Make this Norfolk property yours today!

Last Agent to Sell the Property

Matthew Kantro

Iron Valley Real Estate Hampton Roads Listed on: 10/14/2024

Iron Valley Real Estate Hampton Roads

Last Buyer's Agent

Claudia Mackintosh

BHHS RW Towne Realty

BHHS RW Towne Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 1918

Lot Details

  • Home fronts navigable water
  • River Front

HOA Fees

  • $664 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • Utility Closet
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Walter Herron Taylor Elementary School
  • Blair Middle School
  • Maury High School

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater
  • Sewer Paid
  • Cable TV Available

Community Details

Overview

  • The Select Group, Inc 757 486 6000 Association
  • Mid-Rise Condominium
  • Downtown Area Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,685

Year Built

Built in 1918

Lot Details

0

HOA Fees

$664 per month

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Contemp, Mid Rise, Other
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • Miscellaneous: Pet Restrictions
  • LP/ Sq Ft: 274.51
  • Neighborhood Name: DOWNTOWN
  • Estimated Year Built: 1918
  • Association Legal Name: The Pier Condominiums
  • Management Company: The Select Group, Inc 757-486-6000
  • Address Street Name Website: Rader
  • Address Street Num Website: 40
  • Address Website: 40 Rader ST
  • Fees Condo Monthly: 664
  • Fence: No
  • Market Time: 13
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1918

Interior Features

  • Interior Amenities: Walk-In Closet
  • Equipment: Cable Hookup
  • Flooring Type: Carpet, Ceramic
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: Breakfast Area, PBR with Bath, Utility Closet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1275

Exterior Features

  • Exterior Siding: Other
  • Fence Description: None
  • Foundation Type: Pile
  • Pool: No Pool
  • Roof: Metal
  • View: River, Water
  • Waterfront Description: Navigable, River

Garage/Parking

  • Parking: 1 Space, Assigned/Reserved, Off Street, Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Electric, Forced Hot Air, Programmable Thermostat

Condo/Co-op/Association

  • Condo Level: 1
  • Amenities COA/POA: Boat Slip, Cable, Clubhouse, Dock, Elevator, Exercise Rm, Ground Maint, Sewer, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Walter Herron Taylor Elementary
  • Middle School: Blair Middle
  • High School: Maury

Lot Info

  • Waterfront YN: Yes

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 3685

MLS Schools

  • Elementary School: Walter Herron Taylor Elementary
  • School High School: Maury
  • Middle School: Blair Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Dec 12, 2024
Sold by
Fuller Gary and Fuller Mary
Bought by
Crawford Sedgwick and Crawford Alethea
Seller's Agent
Matthew Kantro
Iron Valley Real Estate Hampton Roads
Buyer's Agent
Claudia Mackintosh
BHHS RW Towne Realty
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Views
134
Current Estimated Value
$337,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,178
Avg. Annual Appreciation
-4.09%
Original Mortgage
$245,000
Outstanding Balance
$244,156
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$92,023

Purchase Details

Closed on
Apr 28, 2022
Sold by
Wilburn Iv Charles A
Bought by
Fuller Gary and Fuller Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $345,000 Fidelity National Title
Bargain Sale Deed $259,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 VA
Previous Owner $194,250 New Conventional
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $345,000 -1.4% $271 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $350,000 -- $275 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

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 $3,760 $300,800 $63,800 $237,000
2023 $3,685 $294,800 $63,800 $231,000
2022 $2,770 $221,600 $51,000 $170,600
2021 $2,336 $186,900 $35,700 $151,200
2020 $2,761 $220,900 $30,600 $190,300
2019 $2,761 $220,900 $30,600 $190,300
2018 $2,764 $221,100 $30,600 $190,500
2017 $2,786 $242,300 $30,600 $211,700
2016 $2,786 $238,600 $30,700 $207,900
2015 $2,720 $238,600 $30,700 $207,900
2014 $2,720 $238,600 $30,700 $207,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10555070

Real Estate Information Network (REIN)

APN: 34077737