$550,000

40 Rader St Unit 206 Norfolk, VA 23510

Ghent Neighborhood

Estimated payment $4,531/month

Total Views 403
2 Beds
2 Baths
1,430 Sq Ft
$385 Price per Sq Ft

Highlights

  • Boat Dock
  • Harbor Views
  • Clubhouse
  • Deep Water Access
  • Waterfront
  • 1-minute walk to Bea Arthur Dog Park

About This Home

Welcome to your waterfront dream! This rare corner unit at The Pier offers the best views in the building—floor-to-ceiling windows frame sweeping panoramas of the Elizabeth River, Hospital Point, and downtown Norfolk. Enjoy an updated kitchen with granite, stainless appliances, and water views. A custom built-in bar with added storage anchors the foyer, and the expansive living room offers flexibility—part could easily be converted into a 3rd bedroom. The primary suite features a private balcony, updated ensuite bath, and walk-in closet. The building offers a tastefully decorated lobby and club room, secure entry, onsite manager (M–F), and pet-friendly living. Includes deeded 40’ boat slip, off-street parking, storage, and condo fees covering water/sewer, trash, basic cable, insurance, and more. This immaculate unit is a must-see!

Listing Agent

Katie Howlett

BHHS RW Towne Realty Listed on: 06/20/2025

BHHS RW Towne Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,632

Year Built

  • Built in 1918

Lot Details

  • 902 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Fenced
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $998 Monthly HOA Fees

Home Design

  • Property Attached
  • Pile Dwellings

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Entrance Foyer
  • Utility Closet
  • Storage Room
  • Harbor Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • 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
  • Assigned Parking

Outdoor Features

  • Deep Water Access
  • Bulkhead
  • Docks
  • Balcony
  • Deck

Location

  • Property is near public transit

Schools

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

Utilities

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

Community Details

Overview

  • The Select Group Association
  • Mid-Rise Condominium
  • Downtown Area Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,632

Year Built

Built in 1918

Lot Details

0

HOA Fees

$998 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Mid Rise
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl, Corner Unit
  • Miscellaneous: Pet Restrictions
  • LP/ Sq Ft: 384.62
  • Estimated Year Built: 1918
  • Association Legal Name: The Pier Association
  • Management Company: The Select Group
  • Address Street Name Website: Rader
  • Address Street Num Website: 40
  • Address Website: 40 Rader ST
  • Fees Condo Monthly: 155
  • Fees H O A P O A Monthly: 843
  • Fence: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1918

Interior Features

  • Interior Amenities: Walk-In Closet, Window Treatments
  • Equipment: Cable Hookup
  • Flooring Type: Carpet, Ceramic, Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor Primary BR, Assigned Storage, Balcony, Foyer, PBR with Bath, Pantry, Utility Closet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1430

Exterior Features

  • Exterior Features: Corner, Cul-De-Sac, Deck, Inground Sprinkler
  • Exterior Siding: Other
  • Fence Description: Other
  • Foundation Type: Pile
  • Pool: No Pool
  • Roof: Other
  • View: Harbor, Water
  • Waterfront Description: Bulkhead, Deep Water, Dock

Garage/Parking

  • Parking: 1 Space, Assigned/Reserved, Close to Mass Transit, Street

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Waterfront YN: Yes
  • Zoning: AE
  • Estimated Acres: 0.0207

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 5632

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,724 $457,900 $71,400 $386,500
2023 $5,599 $447,900 $71,400 $376,500
2022 $4,468 $357,400 $57,100 $300,300
2021 $3,845 $307,600 $40,000 $267,600
2020 $3,636 $290,900 $34,200 $256,700
2019 $3,904 $312,300 $34,200 $278,100
2018 $3,895 $311,600 $34,200 $277,400
2017 $3,616 $314,400 $34,200 $280,200
2016 $3,616 $341,900 $34,300 $307,600
2015 $3,682 $341,900 $34,300 $307,600
2014 $3,682 $341,900 $34,300 $307,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $550,000 -- $385 / Sq Ft
Source: Real Estate Information Network (REIN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $389,000 Bridgetrust Title Group
Warranty Deed $369,000 Attorney
Quit Claim Deed $320,500 Advance Title & Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,500 Credit Line Revolving
Previous Owner $297,681 VA
Previous Owner $304,475 VA
Source: Public Records

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Source: Real Estate Information Network (REIN)

MLS Number: 10589326

Real Estate Information Network (REIN)

APN: 34077739