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248 E 40th St; Norfolk, VA Property Details

248 E 40th St, Norfolk, VA is a Single Family that was built in 2017. This property is currently Financed and is not for sale. Our records show that 248 E 40th St has 4 bedrooms, and 3.5 bathrooms, and a total of 2,757 square feet. The lot size of 248 E 40th St is 5,706 square feet.

Off market
248 E 40th St Norfolk, VA 23504
$429,900 Listing Price
4 Beds
3.5 Baths
2,757 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Purchase Price: $429,900
  • Open Loans / Balance: 1 / $363,162
  • Est. Equity / %: $284,838 / 43.96%
  • Gross Yield: 6.294%
  • APN: 19041900
  • Situs County: Norfolk City
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 18
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C+
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 2,757/SqFt
  • Lot: 5,706/SqFt
  • Garage: 424/SqFt
  • Living: 2,757/SqFt
  • Building: 2,757/SqFt
  • Price Per Square Foot: $155.93

Legal Description

  • Description: 13 BLK C RIVERVIEW PK
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: 36.88416 / -76.27816
  • Subdivision: Riverview Park
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 513

Amenities

  • Plus Four: 1008
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

248 E 40th St has 10 associated Taxes items

248 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 $500,100. The APN we've located for 248 E 40th St is 19041900.

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Taxes
  • Assessed Value:  $500,100
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  19041900
  • Assessed Land Value:  105000
  • Market Land Value:  105000
  • Tax Amount:  6151.24
  • Tax Year:  2025
  • Market Value:  500100
  • Market Year:  2025

Tax History

248 E 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $500,100 Land Value $105,000 Improvement Value $395,100 Tax Amount $6,151.24 Change Rate +0.030283% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $485,400 Land Value $105,000 Improvement Value $380,400 Tax Amount $5,970.44 Change Rate +0.052988% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $453,600 Land Value $105,000 Improvement Value $348,600 Tax Amount $5,670 Change Rate +0.070822% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $423,600 Land Value $75,000 Improvement Value $348,600 Tax Amount $5,295 Change Rate +0.023679% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $413,800 Land Value $75,000 Improvement Value $338,800 Tax Amount $5,172.52 Change Rate Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $413,800 Land Value $75,000 Improvement Value $338,800 Tax Amount $5,172.52 Change Rate +0.121231% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $395,600 Land Value $65,500 Improvement Value $330,100 Tax Amount $4,613.25 Change Rate -0.00657% Assessed CR Tax Rate +0.011661%
Year 2018 Assessed Value $371,500 Land Value $65,500 Improvement Value $306,000 Tax Amount $4,643.76 Change Rate +0.127633% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $358,100 Land Value $65,500 Improvement Value $292,600 Tax Amount $4,118.15 Change Rate +0.588376% Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $373,600 Land Value $62,000 Improvement Value $311,600 Tax Amount $2,592.68 Change Rate Assessed CR Tax Rate +0.00694%
Year 2015 Assessed Value $373,600 Land Value $62,000 Improvement Value $311,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $373,600 Land Value $62,000 Improvement Value $311,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $4,296.4 Change Rate Assessed CR Tax Rate