Taxes
- Assessed Value: $616,200
- Assessed Year: 2025
- Assessed County: Norfolk City
- APN: 09471600
- Assessed Land Value: 72900
- Market Land Value: 72900
- Tax Amount: 7579.28
- Tax Year: 2025
- Market Value: 616200
- Market Year: 2025
241 E 40th St; Norfolk, VA Property Details
Off market
241 E 40th St Norfolk, VA 23504
$616,200 Estimated Value
12,196 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1950
- APN: 09471600
- Situs County: Norfolk City
Structure
- Stories: 4
- Building Condition: Average
- Building Quality: C
Measurements
- Total: 12,196/SqFt
- Lot: 5,606/SqFt
- Gross: 12,196/SqFt
- Building: 12,196/SqFt
Legal Description
- Description: 26 BLK B
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: 36.88352 / -76.27831
- Property Class: Residential
- Zoning: R8
- County Use Code: 401
Amenities
- Plus Four: 1049
- Cooling: Yes
- Heating: Forced air unit
HOA
- H O A One Type: Planned Unit Development
Ownership Info
241 E 40th St has no associated ownership info
241 E 40th St has no associated ownership info.
Taxes
241 E 40th St has 10 associated Taxes items
241 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 $616,200. The APN we've located for 241 E 40th St is 09471600.
Unlock the full reportTax History
241 E 40th St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $616,200 | Land Value $72,900 | Improvement Value $543,300 | Tax Amount $7,579.28 | Change Rate +0.149414% | Assessed CR | Tax Rate +0.0123% |
| Year 2024 | Assessed Value $536,100 | Land Value $72,900 | Improvement Value $463,200 | Tax Amount $6,594.04 | Change Rate +0.067861% | Assessed CR | Tax Rate +0.0123% |
| Year 2023 | Assessed Value $494,000 | Land Value $72,900 | Improvement Value $421,100 | Tax Amount $6,175 | Change Rate +0.111107% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $444,600 | Land Value $72,900 | Improvement Value $371,700 | Tax Amount $5,557.52 | Change Rate +0.033719% | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $430,100 | Land Value $72,900 | Improvement Value $357,200 | Tax Amount $5,376.24 | Change Rate +0.065125% | Assessed CR | Tax Rate +0.0125% |
| Year 2020 | Assessed Value $403,800 | Land Value $72,900 | Improvement Value $330,900 | Tax Amount $5,047.52 | Change Rate +0.286759% | Assessed CR | Tax Rate +0.0125% |
| Year 2019 | Assessed Value $368,800 | Land Value $72,900 | Improvement Value $295,900 | Tax Amount $3,922.66 | Change Rate -0.047028% | Assessed CR | Tax Rate +0.010636% |
| Year 2018 | Assessed Value $329,300 | Land Value $61,700 | Improvement Value $267,600 | Tax Amount $4,116.24 | Change Rate +0.18208% | Assessed CR | Tax Rate +0.0125% |
| Year 2017 | Assessed Value $302,800 | Land Value $61,700 | Improvement Value $241,100 | Tax Amount $3,482.2 | Change Rate | Assessed CR | Tax Rate +0.0115% |
| Year 2016 | Assessed Value $258,200 | Land Value $61,700 | Improvement Value $196,500 | Tax Amount $3,482.2 | Change Rate | Assessed CR | Tax Rate +0.013486% |
| Year 2015 | Assessed Value $258,200 | Land Value $61,700 | Improvement Value $196,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $258,200 | Land Value $61,700 | Improvement Value $196,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,461.52 | Change Rate | Assessed CR | Tax Rate |