Taxes
- Assessed Value: $448,200
- Assessed Year: 2026
- Assessed County: Norfolk City
- APN: 47342423
- Assessed Land Value: 61000
- Market Land Value: 69000
- Tax Amount: 5512.88
- Tax Year: 2025
- Market Value: 458300
- Market Year: 2026
1234 W 40th St; Norfolk, VA Property Details
For Rent
1234 W 40th St Norfolk, VA 23508
$3,500 Listing Price
5 Beds
3 Baths
2,232 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2020
- Purchase Price: $362,000
- Open Loans / Balance: 1 / $301,974
- Est. Equity / %: $164,026 / 35.2%
- Gross Yield: 7.697%
- APN: 47342423
- Situs County: Norfolk City
- Length Of Ownership: 5 years, 7 months
Rooms
- Bedrooms: 5
- Bathrooms: 3
- Full Bathrooms: 3
Structure
- Building Style: Frame
- Stories: 2
- Interior Wall Type: Plaster
- Building Condition: Average
- Building Quality: C+
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
- Attic: true
- Patio Type: Patio
Measurements
- Total: 2,232/SqFt
- Lot: 4,661/SqFt
- Attic: 992/SqFt
- Garage: 240/SqFt
- Living: 2,232/SqFt
- Building: 2,232/SqFt
- Price Per Square Foot: $162.19
Legal Description
- Description: LOT 11 & LOT 10 JIB, BLK 180, LAMBERTS PT CO
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Norfolk City Public Schools
- Lat / Lon: 36.88145 / -76.30374
- Subdivision: Lamberts Point Land
- Property Class: Residential
- County Use Code: 513
Amenities
- Plus Four: 2361
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Heat Pump
- Parking: 1
Ownership Info
1234 W 40th St has no associated ownership info
1234 W 40th St has no associated ownership info.
Taxes
1234 W 40th St has 10 associated Taxes items
1234 W 40th St, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $448,200. The APN we've located for 1234 W 40th St is 47342423.
Unlock the full reportTax History
1234 W 40th St has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $458,300 | Land Value $69,000 | Improvement Value $389,300 | Tax Amount $5,728.75 | Change Rate +0.039157% | Assessed CR | Tax Rate +0.0125% |
| Year 2025 | Assessed Value $448,200 | Land Value $61,000 | Improvement Value $387,200 | Tax Amount $5,512.88 | Change Rate +0.026103% | Assessed CR | Tax Rate +0.0123% |
| Year 2024 | Assessed Value $436,800 | Land Value $61,000 | Improvement Value $375,800 | Tax Amount $5,372.64 | Change Rate +0.092551% | Assessed CR | Tax Rate +0.0123% |
| Year 2023 | Assessed Value $393,400 | Land Value $51,500 | Improvement Value $341,900 | Tax Amount $4,917.52 | Change Rate +0.076628% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $365,400 | Land Value $43,000 | Improvement Value $322,400 | Tax Amount $4,567.52 | Change Rate +0.106602% | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $330,200 | Land Value $43,000 | Improvement Value $287,200 | Tax Amount $4,127.52 | Change Rate | Assessed CR | Tax Rate +0.0125% |
| Year 2020 | Assessed Value $34,000 | Land Value $34,000 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |