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CondominiumResidential
$358,658$255 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $350,000 on Jun 30, 2023

40 RADER ST

NORFOLK, VA 23510
Building report
2
Beds
2
Baths
1,407 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
889 ft²
Lot SizeThe size of the land the home sits on, from county records.
1918
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$359K
$334K low$383K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$350,000 · Jun 30, 2023
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$258,658
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$206,926
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.27%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$100,000
TRUST BANK · 6.46% · recorded May 15, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,663 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$379,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$70,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$308,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$343,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$379,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.60 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.94%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyNORFOLK CITY
Lot (acres)The size of the land the home sits on, from county records.0.02
ConstructionThe main material the home's frame and walls are built from.Steel Frame
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Maury High SchoolD
High · Grades 9–12 · 1.1 mi
M
Blair Middle SchoolD+
Middle · Grades 6–8 · 1.1 mi
E
W. H. Taylor Elementary SchoolA-
Elementary · Grades PK–5 · 1.1 mi

District: Norfolk City Public Schools

Neighborhood · ZIP 23510These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.150
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.30

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.24%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.7%
PopulationHow many people live in this area.9,236
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,886 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,457
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,415
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Rader St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 67% of homes in Norfolk city County
  • Costs more per square foot than 85% of homes in Norfolk city County
  • Has a smaller lot than 98% of homes in Norfolk city County
  • Older than 93% of homes in Norfolk city County

What homes are worth in Norfolk 23510

Each bar is how many homes fall in that price range. The marker is this home.

This home
$182K$982K

This home is worth more than 58% of homes in Norfolk 23510.

How it measures up in Norfolk 23510

The dot is this home. The mark in the middle is the typical home in Norfolk 23510.

Estimated value$358,658
CheaperTypical $320,147Pricier

Pricier than 58% of homes nearby

Price per ft²$255
CheaperTypical $264Pricier

Pricier than 42% of homes nearby

Living area1,407 ft²
SmallerTypical 1,299 ft²Bigger

Bigger than 56% of homes nearby

Lot size889 ft²
SmallerTypical 871 ft²Bigger

Bigger than 52% of homes nearby

Year built1918
OlderTypical 1988Newer

Newer than 22% of homes nearby

How 40 Rader St ranks against every home in each area.
MeasureThis homeNorfolk 23510Norfolk city County
Estimated valuepricier than$358,65858% of homes67% of homes
Price per ft²pricier than$25542% of homes85% of homes
Living areabigger than1,407 ft²56% of homes38% of homes
Lot sizebigger than889 ft²52% of homes2% of homes
Year builtnewer than191822% of homes7% of homes

About 40 Rader St

How much is 40 Rader St, Norfolk, VA worth?

The TopHap Estimate for 40 Rader St, Norfolk, VA is $358,658 as of Jul 14, 2026. The likely range is $334,309 to $383,007. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Rader St, Norfolk, VA last sell?

40 Rader St, Norfolk, VA last sold on Jun 30, 2023 for $350,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 40 Rader St, Norfolk, VA?

40 Rader St, Norfolk, VA has 2 bedrooms, 2 bathrooms, 1,407 square feet of living space and a 0.02-acre lot.

When was 40 Rader St, Norfolk, VA built?

40 Rader St, Norfolk, VA was built in 1918, making it 108 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 40 Rader St, Norfolk, VA?

40 Rader St, Norfolk, VA is assigned to Maury High School (high), rated D; Blair Middle School (middle), rated D+; W. H. Taylor Elementary School (elementary), rated A-. All sit in Norfolk City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Rader St, Norfolk, VA compare to other homes in Norfolk 23510?

Among the 1,306 homes in Norfolk 23510, it is worth more than 58% of them ($358,658 against a typical $320,147), its price per square foot is higher than 42% of them ($255 against a typical $264), it is bigger than 56% of them (1,407 ft² against a typical 1,299 ft²), its lot is bigger than 52% of them (889 ft² against a typical 871 ft²) and it is newer than 22% of them (1918 against a typical 1988). Measured against all of Norfolk city County, it is worth more than 67% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Rader St, Norfolk, VA?

The 2025 property tax bill for 40 Rader St, Norfolk, VA was $4,663. The county assessed it at $379,100.

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Closest homes

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Assigned schools

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