40 Rader St Unit 312 Norfolk, VA 23510
Ghent Neighborhood
2
Beds
2
Baths
1,445
Sq Ft
871
Sq Ft Lot
Highlights
- Boat Dock
- Deep Water Access
- Clubhouse
- Fitness Center
- River View
- 1-minute walk to Bea Arthur Dog Park
About This Home
As of March 2025This waterfront Condo includes a boat slip that fits up to a 40-foot vessell, with electric and water included for the slip and offering direct access to the Elizabeth River for effortless boating adventures. Located in downtown Norfolk, this 2-bedroom, 2 bath Condo offers stunning water views, modern comforts, and the ultimate convenience of having a boat slip just steps away.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,691
Year Built
- Built in 1918
Lot Details
- River Front
- Corner Lot
HOA Fees
- $867 Monthly HOA Fees
Home Design
- Property Attached
- Tar and Gravel Roof
- Metal Roof
Interior Spaces
- 1,445 Sq Ft Home
- 1-Story Property
- Window Treatments
- Entrance Foyer
- Recreation Room
- Storage Room
- Utility Room
- Laminate Flooring
- River Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
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
- Parking Lot
Outdoor Features
- Deep Water Access
- Docks
- Balcony
- Deck
Schools
- Walter Herron Taylor Elementary School
- Blair Middle School
- Maury High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Electric Water Heater
- Sewer Paid
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Property is near public transit
Community Details
Overview
- The Select Group Robin Jopp 757 486 6000 Association
- Mid-Rise Condominium
- Downtown Area Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Clubhouse
Recreation
- Boat Dock
- Community Boat Slip
- Fitness Center
Pet Policy
- Call for details about the types of pets allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2024
Closed on
Mar 11, 2025
Sold by
Vangeijn Maria Bernadette and Van-Geijn Marian Bernadette
Bought by
Woodhouse Karen Anne
Seller's Agent
Marcella Truitt
Howard Hanna Real Estate Services
Buyer's Agent
Christopher Russell
LPT Realty LLC
List Price
$422,000
Sold Price
$416,000
Premium/Discount to List
-$6,000
-1.42%
Total Days on Market
67
Views
103
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.38%
Original Mortgage
$395,200
Outstanding Balance
$394,868
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$6,122
Purchase Details
Closed on
Sep 30, 2021
Sold by
Vande Castle Deborah and Vande Van De
Bought by
Vangeijn Maria Bernadette and Vangeijn Van Geijn
Purchase Details
Closed on
Nov 20, 2020
Sold by
Simms Matthew
Bought by
Vandecastle Deborah and Vandecastle Van Decastle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2020
Sold by
Martin David Joseph and Martin Allison Amanda
Bought by
Simms Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2014
Sold by
Federal National Mortgage Association
Bought by
Martin David Joseph and Martin Allison Amanda
Map
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Similar Homes in Norfolk, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $416,000 | Priority Title | |
| Warranty Deed | $305,000 | Attorney | |
| Warranty Deed | $275,000 | Advance Title & Abstract Inc | |
| Warranty Deed | $210,000 | Shaffer Settlements Inc | |
| Special Warranty Deed | $144,000 | Priority Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $395,200 | New Conventional | |
| Previous Owner | $220,000 | New Conventional | |
| Previous Owner | $199,500 | New Conventional | |
| Previous Owner | $101,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Sold | $416,000 | -1.4% | $288 / Sq Ft |
| 02/28/2025 02/28/25 | Pending | -- | -- | -- |
| 12/23/2024 12/23/24 | For Sale | $422,000 | -- | $292 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $5,126 | $410,100 | $70,400 | $339,700 |
| 2023 | $4,691 | $375,300 | $70,400 | $304,900 |
| 2022 | $3,749 | $299,900 | $56,300 | $243,600 |
| 2021 | $3,149 | $251,900 | $39,400 | $212,500 |
| 2020 | $2,745 | $219,600 | $33,800 | $185,800 |
| 2019 | $2,745 | $219,600 | $33,800 | $185,800 |
| 2018 | $2,735 | $218,800 | $33,800 | $185,000 |
| 2017 | $2,537 | $220,600 | $33,800 | $186,800 |
| 2016 | $2,537 | $296,800 | $33,900 | $262,900 |
| 2015 | $3,382 | $296,800 | $33,900 | $262,900 |
| 2014 | $3,382 | $296,800 | $33,900 | $262,900 |
Source: Public Records
Source: Real Estate Information Network (REIN)
MLS Number: 10564061
APN: 34077758
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