Google street view image for 40 Rader St #513, Norfolk, VA 23510

Off market jul 2021 for $424K

$435,848

Est. refi paymentEst. refi $2,911/mo

•

2.5 ba

•

1,774

sq ft

40 Rader St #513, Norfolk, VA 23510

About this home

40 Rader St #513 is a 1,774 square foot condo with 2 bedrooms and 2.5 bathrooms. - it last sold on July 19, 2021 for $424,900. Based on Redfin's Norfolk data, we estimate the home's value is $435,848.

CondoProperty Type

1918Year Built

$246Est. Price/Sq.Ft.

1 spaceParking

Source:Public Records

Redfin Estimate

$435,848

$11K since sold in July 2021$32K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.2% higher than the average sale price ($410K) of 6 comparable homes.

SOLD AUG 10, 2026
$367,000
A
2 beds2 baths1,541 sq ft
429 W York St Unit 3-D, Norfolk, VA 23510
SOLD AUG 10, 2026
$350,000
B
2 beds3 baths1,655 sq ft
111 W Tazewell St #304, Norfolk, VA 23510
SOLD JUN 12, 2026
$350,000
C
2 beds2 baths1,276 sq ft
429 York St Unit 4B, Norfolk, VA 23510
SOLD JUN 23, 2026
$400,000
D
2 beds2 baths1,899 sq ft
641 Redgate Ave #301, Norfolk, VA 23507
SOLD MAY 4, 2026
$510,000
E
2 beds3 baths1,750 sq ft
313 W Freemason St #3, Norfolk, VA 23510
SOLD AUG 21, 2026
$485,800
F
2 beds2 baths1,496 sq ft
215 Brooke Ave #510, Norfolk, VA 23510

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Earn from this home

Sell

$106,670

Est. take-home

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Refinance

Est. cash available

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Rent

$3,055/mo

Redfin rental estimate

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Market trends in 23510, VA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

+0.2% MoM

Median sale price

$350K

$70K MoM

Avg. days on market

39d

25 days MoM

Recently sold homes

1 MoM

New listings for sale

$639,000
3 beds3.5 baths2,200 sq ft
301 Brooke Ave #405, Norfolk, VA 23510
$275,000
2 beds2 baths1,021 sq ft
300 Yarmouth St #321, Norfolk, VA 23510
SHORT SALE
$195,000
1 bed1 bath991 sq ft
500 Granby St Unit 4A, Norfolk, VA 23510
3D WALKTHROUGH
$149,900
1 bed1 bath400 sq ft
215 Brooke Ave #311, Norfolk, VA 23510
3D WALKTHROUGH
$400,000
2 beds2 baths1,525 sq ft
388 Boush St #406, Norfolk, VA 23510
See all

Provided by Redfin

Sale history for 40 Rader St #513

Year

Property tax

Land + Additions

Assessment*

2025

$5,122 (+7.6%)

$88,700 + $296,100

$384,800

2024

$4,759 (+7.8%)

$88,700 + $327,700

$416,400

2023

$4,414 (+23.9%)

$88,700 + $298,200

$386,900

2022

$3,564 (+22.3%)

$88,700 + $264,400

$353,100

2021

$2,915

$71,000 + $214,100

$285,100

2020

$2,915

$49,700 + $183,500

$233,200

2019

$2,915 (+0.8%)

$42,600 + $190,600

$233,200

2018

$2,893 (−1.4%)

$42,600 + $190,600

$233,200

2017

$2,934 (−9.7%)

$42,600 + $212,500

$255,100

2016

$3,247 (−9.9%)

$42,600 + $212,500

$255,100

2015

$3,604 (−7.3%)

$42,600 + $239,800

$282,400

2014

$3,888

$42,600 + $295,500

$338,100

2013

$3,888 (+2.7%)

$42,600 + $295,500

$338,100

2012

$3,787

$42,600 + $295,500

$338,100

Tax history for 40 Rader St #513

Year

Property tax

Land + Additions

Assessment*

2025

$5,122 (+7.6%)

$88,700 + $296,100

$384,800

2024

$4,759 (+7.8%)

$88,700 + $327,700

$416,400

2023

$4,414 (+23.9%)

$88,700 + $298,200

$386,900

2022

$3,564 (+22.3%)

$88,700 + $264,400

$353,100

2021

$2,915

$71,000 + $214,100

$285,100

2020

$2,915

$49,700 + $183,500

$233,200

2019

$2,915 (+0.8%)

$42,600 + $190,600

$233,200

2018

$2,893 (−1.4%)

$42,600 + $190,600

$233,200

2017

$2,934 (−9.7%)

$42,600 + $212,500

$255,100

2016

$3,247 (−9.9%)

$42,600 + $212,500

$255,100

2015

$3,604 (−7.3%)

$42,600 + $239,800

$282,400

2014

$3,888

$42,600 + $295,500

$338,100

2013

$3,888 (+2.7%)

$42,600 + $295,500

$338,100

2012

$3,787

$42,600 + $295,500

$338,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

D-FN

CRO

CBPA

Downtown - Fort Norfolk District

The purpose of the Downtown - Fort Norfolk D-FN district is to promote the transition of the Fort Norfolk area, also known as Atlantic City, from a predominately heavy industrial area to a mixed-use waterfront setting that is more consistent with other downtown districts. The district provides lands for a wide range of intensive multi-family, commercial, civic, institutional, and office uses, and is also intended to protect views of the Elizabeth River and create public access to the waterfront.

Zone overlays

Coastal Resilience Overlay District
Chesapeake Bay Preservation Areas Overlay

Permitted uses

Include but are not limited to:

Bank
Day care facility
Housing-Multiple units
Housing-Senior
Infrastructure
Hotel / motel
Office
Medical office
Educational/school
Park & open space

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Multi-Family
Construction Type: Steel
Exterior Wall: Precast Concrete
Roof Shape Type: Gable
Building Type: Residential

Property Information
Subdivision Name: PIER
Living Sq. Ft: 1,774
Building Sq. Ft: 1,774
# of Stories: 1
Stories Type: 1
Legal Description: PAR 1&5 SITE 2 & PTS RADER ST CL UNIT 513

Lot Information
# of Buildings: 1
Land Sq. Ft: 1,120
Legal Lot Number: 1&5
Acres: 0.0257
County Use Description: RES 51+ CONDO CONVERTED

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,774
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1918
Year Renovated: —
County: Norfolk
APN: 34077785

Home facts updated by county records on Sep 18, 2026

About this building

4 for sale

40 Rader St Norfolk, VA, 23510

See photos & sale trends

Photo via 505 listing

Units for sale


101	$315,000	1 bed	1 bath	1376 sq ft
413	$325,000	2 beds	2 baths	1379 sq ft
505	$499,000	2 beds	2.5 baths	1848 sq ft
504	$579,900	3 beds	2.5 baths	2010 sq ft

Around this home

Schools

W.H. Taylor Elementary School

Public PreK-5 • Assigned • 1.1mi

8/10

Blair Middle School

Public 6-8 • Assigned • 1.1mi

3/10

Maury High School

Public 9-12 • Assigned • 1.1mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

5 days above 106° expected this year, 11 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Norfolk, VA • 23510

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.3 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$415,000 – $502,000

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New listings for sale in 23510

$639,000

3 beds3.5 baths2,200 sq ft

301 Brooke Ave #405, Norfolk, VA 23510

$275,000

2 beds2 baths1,021 sq ft

300 Yarmouth St #321, Norfolk, VA 23510

SHORT SALE

$195,000

1 bed1 bath991 sq ft

500 Granby St Unit 4A, Norfolk, VA 23510

3D WALKTHROUGH

$149,900

1 bed1 bath400 sq ft

215 Brooke Ave #311, Norfolk, VA 23510

3D WALKTHROUGH

$400,000

2 beds2 baths1,525 sq ft

388 Boush St #406, Norfolk, VA 23510

Home values near 40 Rader St #513

Data from public records.

Address	Redfin Estimate
40 Rader Street #508, Norfolk, VA 2 Beds \| 2.5 Baths \| 1618 Sq. Ft.	$502,293
40 Rader Street #301, Norfolk, VA 2 Beds \| 2 Baths \| 1734 Sq. Ft.	$341,273

Address	Redfin Estimate
40 Rader Street #507, Norfolk, VA 2 Beds \| 2.5 Baths \| 1730 Sq. Ft.	$613,641
40 Rader Street #302, Norfolk, VA 1 Beds \| 1.5 Baths \| 1314 Sq. Ft.	$277,677

Address	Redfin Estimate
40 Rader Street #610, Norfolk, VA 2 Beds \| 1.5 Baths \| 1648 Sq. Ft.	$600,245
40 Rader Street #213, Norfolk, VA 1 Beds \| 2 Baths \| 1379 Sq. Ft.	$289,221

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 23510, VA

Sale history for 40 Rader St #513

Tax history for 40 Rader St #513

Zoning

Property details

About this building

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 23510

Home values near 40 Rader St #513

More real estate resources