Taxes
- Assessed Value: $198,900
- Assessed Year: 2026
- Assessed County: Norfolk City
- APN: 16207321
- Assessed Land Value: 73100
- Market Land Value: 73100
- Tax Amount: 2486.25
- Tax Year: 2026
- Market Value: 198900
- Market Year: 2026
1262 W 40th St; Norfolk, VA Property Details
For Rent
1262 W 40th St Norfolk, VA 23508
$1,595 Listing Price
2 Beds
1 Baths
996 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1920
- Est. Equity / %: $223,000 / 100%
- Gross Yield: 8.583%
- APN: 16207321
- Situs County: Norfolk City
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Siding (Alum/Vinyl)
- Interior Wall Type: Plaster
- Building Condition: Average
- Building Quality: C-
- Roof Type: Gable
- Roof Cover Type: Asphalt
Measurements
- Total: 996/SqFt
- Lot: 5,275/SqFt
- Garage: 440/SqFt
- Living: 996/SqFt
- Building: 996/SqFt
Legal Description
- Description: LOTS 13 & 14, BLK 1, LAMBERTS POINT
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Norfolk City Public Schools
- Lat / Lon: 36.88137 / -76.30522
- Subdivision: Town Of Lamberts Point
- Property Class: Residential
- County Use Code: 510
Amenities
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Central
- Parking: 2
Ownership Info
1262 W 40th St has no associated ownership info
1262 W 40th St has no associated ownership info.
Taxes
1262 W 40th St has 10 associated Taxes items
1262 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 $198,900. The APN we've located for 1262 W 40th St is 16207321.
Unlock the full reportTax History
1262 W 40th St has 9 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $198,900 | Land Value $73,100 | Improvement Value $125,800 | Tax Amount $2,486.25 | Change Rate +0.061067% | Assessed CR | Tax Rate +0.0125% |
| Year 2025 | Assessed Value $190,500 | Land Value $64,700 | Improvement Value $125,800 | Tax Amount $2,343.16 | Change Rate +0.046128% | Assessed CR | Tax Rate +0.0123% |
| Year 2024 | Assessed Value $182,100 | Land Value $64,700 | Improvement Value $117,400 | Tax Amount $2,239.84 | Change Rate +0.108832% | Assessed CR | Tax Rate +0.0123% |
| Year 2023 | Assessed Value $161,600 | Land Value $54,600 | Improvement Value $107,000 | Tax Amount $2,020 | Change Rate +0.100817% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $146,800 | Land Value $45,600 | Improvement Value $101,200 | Tax Amount $1,835 | Change Rate +0.063768% | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $138,000 | Land Value $45,600 | Improvement Value $92,400 | Tax Amount $1,725 | Change Rate | Assessed CR | Tax Rate +0.0125% |
| Year 2020 | Assessed Value $119,400 | Land Value $36,000 | Improvement Value $83,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $119,400 | Land Value $36,000 | Improvement Value $83,400 | Tax Amount $1,007.82 | Change Rate +1.826509% | Assessed CR | Tax Rate +0.008441% |
| Year 2018 | Assessed Value $114,100 | Land Value $36,000 | Improvement Value $78,100 | Tax Amount $356.56 | Change Rate | Assessed CR | Tax Rate +0.003125% |