NOT LISTED FOR SALE

The Pier Condominium 40 Rader St Unit 507 Norfolk, VA 23510

Ghent Neighborhood

Estimated Value: $543,000 - $679,000

2 Beds
3 Baths
1,856 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 40 Rader St Unit 507, Norfolk, VA 23510 and is currently estimated at $599,112, approximately $322 per square foot. 40 Rader St Unit 507 is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury High School.

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Bought by
Current Estimated Value
$599,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$596,893
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$2,219
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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

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 Buyer Sale Price Title Company
$600,000 Fidelity National Title
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 Borrower Loan Amount
Open $600,000
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 $7,311 $594,400 $86,500 $507,900
2024 $6,861 $548,900 $86,500 $462,400
2023 $6,716 $537,300 $86,500 $450,800
2022 $5,235 $418,800 $69,200 $349,600
2021 $4,504 $360,300 $48,400 $311,900
2020 $4,418 $353,400 $41,500 $311,900
2019 $4,418 $353,400 $41,500 $311,900
2018 $4,416 $353,300 $41,500 $311,800
2017 $4,100 $356,500 $41,500 $315,000
2016 $4,100 $389,000 $41,600 $347,400
2015 $4,432 $389,000 $41,600 $347,400
2014 $4,432 $389,000 $41,600 $347,400
Source: Public Records

About The Pier Condominium

Map

Virginia Norfolk City County Norfolk 23510 Ghent

40 Rader St Unit 507, Norfolk, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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