14 days on rocket

40 Rader St Unit 312, Norfolk, VA, 23510

$422,000

Home List Price

$5,011*

Closing Credit

2 Bedrooms
2 Full Baths
1,445 SqFt
$292/SqFt
Condo

Location

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40 Rader St Unit 312, Norfolk$422,000

Buyer Closing Credits

$5,011*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Space, Lot, Close to Mass Transit, Street
Year Built1918
HeatingForced Air, Heat Pump
CoolingHeat Pump
BasementYes
WaterfrontWater Access, Dock, River
MLS #10564061
StatusActive

About 40 Rader St Unit 312

Enjoy downtown living on the Elizabeth River in this renovated two-bedroom, two-bath condo with boat slip (electric and water included). Updates include new flooring, a remodeled kitchen, primary bath, a new AC/heating unit (2023), fresh paint, and updated interior doors. The open layout features three balconies—two with water views. Condo fees cover the boat slip, clubhouse, gym, dock, security, cable, water, sewer, trash, and exterior insurance. Additional storage for bikes, kayaks, and paddleboards is available. Conveniently located near SNGH, EVMS, ODU, Light Rail, and Harbor Park, and a dog park.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1918
  • Stories: 1
  • Living Area: 1,445 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Marcella Truitt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer, Washer Connection
  • Basement: Yes
  • Flooring Type: Laminate/LVP
  • Interior: Walk-In Closet, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Water Access, Dock, River
  • Exterior: Deck

Parking Information:

  • Parking: 1 Space, Lot, Close to Mass Transit, Street

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $422,000
  • Price Per SqFt: $292/SqFt
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Housing Market Comparison

See how this home compares to others in Norfolk, VA.

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Norfolk, VA

City

Med. List Price

$324.9K

Med. Price/SqFt

$204

Avg. Days On Market

90

# of Sold Homes

218

40 Rader St Unit 312 vs Norfolk

14 DAYS ON ROCKET

-76 Days

$422,000

+$97K More

$292/SqFt

+$88 More

KEY TAKEAWAY

This property is $97K more than the Median List Price and $88/SqFt more than other homes in Norfolk, VA.

Based on homes listed in December 2024

MLS Details

MLS Information:

  • MLS Number: #10564061

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Marcella Truitt

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,174

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,332

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-692955
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-692956
4
/10

  • Park View Elementary School

  • 260 Elm Ave

  • 1.21 miles

  • Public District Grades KG-6

school-card-donut-692957
2
/10

  • Tidewater Park Elementary School

  • 1045 E Brambleton Ave

  • 1.26 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,728. The most common annual income of people living in Norfolk, VA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Norfolk, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Norfolk, VA.

Norfolk's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to suit various preferences. The architectural styles in Norfolk are eclectic, with a significant number of properties reflecting historical charm alongside modern and contemporary designs. The city's homeownership rate is robust, with a substantial portion of residents owning their homes, while the remainder of the population opts for rental opportunities.

What is it like to live in Norfolk, VA?

Norfolk prides itself on its rich maritime history and strong military presence, given its strategic coastal location. The community's character is further defined by its vibrant arts scene, with numerous galleries and theaters contributing to the cultural fabric of the city. Annual events, such as the Norfolk Waterfront Jazz Festival, highlight the city's love for music and community gatherings.

Is it easy to get around Norfolk, VA without a car?

The city is served by a comprehensive educational system, including a variety of public and private schools that cater to different educational needs, some with religious affiliations. Norfolk's healthcare infrastructure is well-established, with several hospitals offering a range of services from emergency care to specialized treatments. The public library system is extensive, supporting the community's educational and informational needs. Retail and dining options are plentiful, reflecting the local culture and cuisine, with ongoing initiatives to enhance these services to meet the evolving demands of the community.

Transportation in Norfolk, VA.

Norfolk's transportation infrastructure supports both private and public transit options, with a network of roads and highways facilitating travel within and beyond the city. Public transportation is available, with bus services operating on a set schedule, providing residents with reliable means of commuting. The city also accommodates ride-sharing services, enhancing mobility options for residents. Certain areas of Norfolk are known for their walkability, offering pedestrian-friendly environments, while bike paths are also available for cycling enthusiasts.

Frequently Asked Questions About 40 Rader St Unit 312

What is the listing price of this property?

The listing price of 40 Rader St Unit 312 property is $422,000.

What type of property is this?

The property 40 Rader St Unit 312 is a condo located in Norfolk, Virginia, 23510.

Is this property for sale now?

Active Listing: 40 Rader St Unit 312 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 40 Rader St Unit 312 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40 Rader St Unit 312 is 1,445 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Rader St Unit 312 is 1918.

Rocket Homes›Virginia›Norfolk›23510›40 Rader St Unit 312

This home is located at 40 Rader St Unit 312 in Norfolk, VA and zip code 23510. This 1,445 square foot home was built in 1918. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $422,000.

In December 2024 in Norfolk, VA there were 1.5% more homes for sale than in November 2024. While the average time on the market in December 2024 was 90 days, the median list price was $324,982.

From Rocket Homes Real Estate and based on county public records data.

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