$526,000
SOLD SEP 19, 2025

40 Rader St Unit 206 Norfolk, VA 23510

Ghent Neighborhood
2 Beds
2 Baths
1,430 Sq Ft
902 Sq Ft Lot

Recently Sold

$368 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

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

About This Home

As of September 2025

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!

Last Agent to Sell the Property

Katie Howlett

BHHS RW Towne Realty Listed on: 08/28/2025

BHHS RW Towne Realty

Last Buyer's Agent

Non-Member Selling Agent

Non-Member Selling Firm

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 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

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2025
Closed on
Sep 18, 2025
Sold by
Stine Katherine B and Stine Charles J
Bought by
Tophoff Vincent
Seller's Agent
Katie Howlett
BHHS RW Towne Realty
Buyer's Agent
Non-Member Selling Agent
Non-Member Selling Firm
List Price
$550,000
Sold Price
$526,000
Premium/Discount to List
-$24,000
-4.36%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.98%

Purchase Details

Closed on
Aug 18, 2020
Sold by
White Elizabeth P and Cameron George F
Bought by
Stine Katherine B and Stine Charles J

Purchase Details

Closed on
Nov 19, 2018
Sold by
Jomoto Justin
Bought by
White Elizabeth P and Cameron George F

Purchase Details

Closed on
Dec 17, 2012
Sold by
Santos Manuel Dos
Bought by
Jomoto Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,475
Interest Rate
3.25%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $526,000 Fidelity National Title
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
Previous Owner $304,475 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 Sold $526,000 -4.4% $368 / Sq Ft
09/18/2025 09/18/25 Pending -- -- --
08/28/2025 08/28/25 For Sale $550,000 -- $385 / 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
2025 $6,216 $497,300 $71,400 $425,900
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

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10599521

Real Estate Information Network (REIN)

APN: 34077739