$579,900

Estimated payment $4,980/month

Total Views 8,610
3 Beds
2.5 Baths
2,010 Sq Ft
$289 Price per Sq Ft

Highlights

  • Community Boat Dock
  • River Front
  • Clubhouse
  • Deep Water Access
  • Harbor Views
  • 2-minute walk to Bea Arthur Dog Park

About This Home

SELLER OFFERING UP TO $14,000 BUYER CREDIT! Use it toward an interest-rate buydown, eligible closing costs, or condo fees—giving buyers flexibility to make this luxury waterfront home more affordable.

Major updates include a new HVAC system, water heater, and washer/dryer combination, providing additional peace of mind for the next owner.

Two Levels. Waterfront Views. More Than a Century of Norfolk History.

Welcome to 40 Rader St, Unit 504, where waterfront living places you within easy reach of some of Norfolk's best entertainment, dining and experiences.

Spend an evening enjoying Waterside District, waterfront restaurants and live music, or experience signature Norfolk events including Harborfest, the Norfolk Waterfront Jazz Festival and seasonal festivals at Town Point Park. Watch yachts and boats travel the Elizabeth River, enjoy the energy of Downtown Norfolk, or turn vacation mode on with Carnival cruises departing right from Norfolk.

And when the festivities are over, come home to your own two-level waterfront retreat with panoramic views.

Historic character. Waterfront scenery. Dining. Festivals. Yachts. Cruises. Entertainment.

And don't forget the $14,000 seller credit! Buy down your interest rate, apply it toward allowable closing costs, or use it toward condo fees. You choose how to make the incentive work best for you, subject to lender and association requirements.

The condo association includes water, trash, cable, flood liability coverage, and building insurance, along with access to a fitness center, clubhouse, private storage, and two dedicated parking spaces.

Come see the views, experience the lifestyle, and discover why Unit 504 may be the waterfront home you've been waiting for.

This isn't simply a place to live — it's a Norfolk waterfront lifestyle. Schedule your private tour today.

Listing Agent

Roger Lee

Creed Realty Listed on: 09/02/2026

Creed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,561

Year Built

  • Built in 1918

HOA Fees

  • $1,150 Monthly HOA Fees

Property Views

Home Design

  • Pre-Cast Concrete Construction
  • Pile Dwellings

Interior Spaces

  • 2,010 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Utility Closet
  • Storage Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deep Water Access
  • Docks
  • Patio
  • Storage Shed

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

Additional Features

  • Accessible Elevator Installed

Community Details

Overview

  • The Select Group/Roin Jopp/Rjopp@Theselectgroup.Us Association
  • Mid-Rise Community
  • Downtown Area Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Boat Dock

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,561

Year Built

Built in 1918

Lot Details

1,268 Sq Ft Lot

HOA Fees

$1,150 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
  • LP/ Sq Ft: 288.51
  • Neighborhood Name: DOWNTOWN
  • Ownership Type: Condo
  • Estimated Year Built: 1918
  • Association Legal Name: The Pier Condominium Association
  • Management Company: The Select Group/Roin Jopp/RJopp@TheSelectGroup.US
  • Address Street Name Website: Rader
  • Address Website: 40 Rader ST
  • Fees Condo Monthly: 1150
  • Fence: No
  • Contingency Exists: Non Contingent
  • Additional Structures: Storage Shed
  • AddressLine: 40 Rader ST #504, NORFOLK VA 23510
  • Special Features: None
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Accessibility: Elevator
  • Equipment: Ceiling Fan
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Assigned Storage, Foyer, PBR with Bath, Pantry, Utility Closet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 2.0000
  • Estimated Sq Ft: 2010

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Other
  • Fence Description: None
  • Foundation Type: Pile
  • Pool: No Pool
  • Roof: Other
  • View: Harbor, River
  • Waterfront Description: Deep Water, Deep Water Access, Dock, River

Garage/Parking

  • Parking: Assigned/Reserved, Off 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: Cable, Clubhouse, Dock, Elevator, Ground Maint, Security, Sewer, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Waterfront YN: Yes
  • Sustainable: Concrete Construction
  • Estimated Acres: 0.0291

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 7561

MLS Schools

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

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,561 $614,700 $100,500 $514,200
2024 $6,958 $565,700 $100,500 $465,200
2023 $6,403 $512,200 $100,500 $411,700
2022 $5,075 $406,000 $80,400 $325,600
2021 $4,323 $345,800 $56,300 $289,500
2020 $4,535 $362,800 $48,200 $314,600
2019 $4,535 $362,800 $48,200 $314,600
2018 $5,279 $422,300 $48,200 $374,100
2017 $5,353 $465,500 $48,200 $417,300
2016 $5,353 $495,400 $48,400 $447,000
2015 $5,643 $495,400 $48,400 $447,000
2014 $5,643 $495,400 $48,400 $447,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/02/2026 09/02/26 For Sale $579,900 -- $289 / Sq Ft
Source: Real Estate Information Network (REIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $580,000 Clear Title & Escrow Settlemen
Interfamily Deed Transfer -- None Available
Quit Claim Deed $412,000 None Available
Bargain Sale Deed $639,000 Fidelity National Title
Deed $575,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $69,000 New Conventional
Open $380,000 New Conventional
Previous Owner $417,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $325,000 Purchase Money Mortgage
Previous Owner $340,000 New Conventional
Source: Public Records

Source: Real Estate Information Network (REIN)

MLS Number: 10651611

Real Estate Information Network (REIN)

APN: 34077776

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