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230 E 40th St; Norfolk, VA Property Details

230 E 40th St, Norfolk, VA is a Apt House 5+ Units that was built in 1918. This property is currently Financed and is not for sale. Our records show that 230 E 40th St has 2 bedrooms, and 2 bathrooms, and a total of 32,793 square feet. The lot size of 230 E 40th St is 14,340 square feet.

For Rent
230 E 40th St Norfolk, VA 23504
$1,664 Listing Price
2 Beds
2 Baths
32,793 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1918
  • Purchase Price: $2,500,000
  • Open Loans / Balance: 1 / $1,741,270
  • APN: 40455720
  • Situs County: Norfolk City
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Structure

  • Stories: 5
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 32,793/SqFt
  • Lot: 14,340/SqFt
  • Gross: 32,793/SqFt
  • Building: 32,793/SqFt
  • Price Per Square Foot: $76.24

Legal Description

  • Description: 7, 8 & PT 9 BLK C RIVERVIEW PK
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.8838 / -76.278946
  • Subdivision: Riverveiw Park
  • Property Class: Residential
  • County Use Code: 403

Amenities

  • Plus Four: 1051
  • Heating: Heat Pump

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

230 E 40th St has no associated ownership info
230 E 40th St has no associated ownership info.

Taxes

230 E 40th St has 10 associated Taxes items

230 E 40th St, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,149,800. The APN we've located for 230 E 40th St is 40455720.

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Taxes
  • Assessed Value:  $2,149,800
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  40455720
  • Assessed Land Value:  186400
  • Market Land Value:  186400
  • Tax Amount:  26442.56
  • Tax Year:  2025
  • Market Value:  2149800
  • Market Year:  2025

Tax History

230 E 40th St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,149,800 Land Value $186,400 Improvement Value $1,963,400 Tax Amount $26,442.56 Change Rate +0.148336% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $1,872,100 Land Value $186,400 Improvement Value $1,685,700 Tax Amount $23,026.84 Change Rate +0.075707% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $1,712,500 Land Value $186,400 Improvement Value $1,526,100 Tax Amount $21,406.24 Change Rate +0.125533% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $1,521,500 Land Value $186,400 Improvement Value $1,335,100 Tax Amount $19,018.76 Change Rate +0.203908% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $1,263,800 Land Value $186,400 Improvement Value $1,077,400 Tax Amount $15,797.52 Change Rate +0.111719% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $1,136,800 Land Value $186,400 Improvement Value $950,400 Tax Amount $14,210 Change Rate +0.329811% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $1,112,500 Land Value $186,400 Improvement Value $926,100 Tax Amount $10,685.73 Change Rate +0.040606% Assessed CR Tax Rate +0.009605%
Year 2018 Assessed Value $821,500 Land Value $186,400 Improvement Value $635,100 Tax Amount $10,268.76 Change Rate +0.106075% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $807,300 Land Value $186,400 Improvement Value $620,900 Tax Amount $9,283.96 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $9,283.96 Change Rate +0.909415% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $4,862.2 Change Rate Assessed CR Tax Rate