$333,000 - $530,000
RENTED MAR 26, 2025

40 Rader St Unit 308 Norfolk, VA 23510

Ghent Neighborhood
2 Beds
2 Baths
1,320 Sq Ft
828 Sq Ft Lot

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • River View
  • Traditional Architecture
  • 1-minute walk to Bea Arthur Dog Park

About This Home

As of March 2025

Two bedroom, two bath waterfront condo with an exceptional view of the Elizabeth River from the third floor with a balcony. Near Sentara Norfolk General, CHKD and Harbor towers. Great for med students, healthcare employees and military looking for relaxed casual living. A short journey to Harbor Park, Scope, Chrysler Hall, Harrison Opera House and Chrysler Museum. Key fob to parking and building entrance. 24/7 security camera coverage of the parking area and interior common areas. One assigned parking space. Water access for kayaking and paddleboarding. Interior bike storage. Bonus room that can be a study or office space.

Last Agent to Rent the Property

Marlo Wynn

BHHS RW Towne Property Management Listed on: 02/05/2025

BHHS RW Towne Property Management

Co-Listed By

Donica Johnson

BHHS RW Towne Property Management

BHHS RW Towne Property Management

Last Renter's Agent

Donica Johnson

BHHS RW Towne Property Management

BHHS RW Towne Property Management

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,559

Year Built

  • Built in 1918

Lot Details

  • 828

Home Design

  • Traditional Architecture
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 3 Levels
  • Blinds
  • Home Office
  • River Views
  • Intercom

Kitchen

  • Electric 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
  • Garage Door Opener
  • On-Street Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Type Unknown
  • Sewer Paid
  • Cable TV Available

Additional Features

  • River Front
  • Government Subsidized Program

Listing and Financial Details

  • Rent includes sewer, trash pick up, water
  • Section 8 Allowed
  • Ask Agent About Lease Term

Community Details

Overview

  • Mid-Rise Condominium
  • Downtown Area Subdivision

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,559

Year Built

Built in 1918

Lot Details

0

Rental Info

  • Rental Type: Condominium/Co-op
  • Lease Type: Multi-Year
  • Lease Conditions: Gov. Subsidized, Lease, Section 8 Eligible, Security Deposit
  • Rent Includes: Sewer, Trash Pick Up, Water

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Mid Rise, Traditional
  • GarageYN: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 1.89
  • Estimated Year Built: 1918
  • Address Street Name Website: Rader
  • Address Street Num Website: 40
  • Address Website: 40 Rader ST
  • Fence: No
  • Insurance Required Y N: Yes
  • Market Time: 40
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1918

Interior Features

  • Interior Amenities: Walk-In Closet, Window Treatments
  • Equipment: Cable Hookup, Gar Door Opener, Intercom
  • Flooring Type: Carpet, Ceramic, Wood
  • Windows Treatments: Blinds
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: PBR with Bath, Office/Study
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Floor Level: 3
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1320

Exterior Features

  • Fence Description: None
  • Foundation Type: Pile
  • Pool: No Pool
  • Roof: Metal
  • View: River
  • Waterfront Description: River

Garage/Parking

  • Parking: 1 Space, Street

Utilities

  • Sewer Type: Call
  • Water Heater Type: Electric
  • Water Type: Call
  • Cooling: Central Air
  • Heating: Heat Pump

Condo/Co-op/Association

  • Amenities COA/POA: Clubhouse, Elevator, Exercise Rm, Sewer, Trash Pickup, Water
  • Pets: Pet Deposit Addl, Pet Fee Addl, Pet Restrictions

Schools

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

Lot Info

  • Waterfront YN: Yes

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

Closed on
Nov 4, 2010
Sold by
Hanes Gary W and Hanes Linda V
Bought by
Hanes Gary W and Hanes Linda
Current Estimated Value
$413,917
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Hanes Gary W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2025 03/26/25 Rented $2,500 0.0% --
03/18/2025 03/18/25 Off Market $2,500 -- --
02/05/2025 02/05/25 For Rent $2,500 -- --
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 $5,559 $444,700 $66,000 $378,700
2024 $5,110 $408,800 $66,000 $342,800
2023 $4,996 $399,700 $66,000 $333,700
2022 $3,959 $316,700 $52,800 $263,900
2021 $3,388 $271,000 $37,000 $234,000
2020 $3,321 $265,700 $31,700 $234,000
2019 $3,321 $265,700 $31,700 $234,000
2018 $3,319 $265,500 $31,700 $233,800
2017 $3,082 $268,000 $31,700 $236,300
2016 $3,082 $292,400 $31,800 $260,600
2015 $3,330 $292,400 $31,800 $260,600
2014 $3,330 $292,400 $31,800 $260,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10569172

Real Estate Information Network (REIN)

APN: 34077754