Taxes
- Assessed Value: $718,100
- Assessed Year: 2025
- Assessed County: Norfolk City
- APN: 00809846
- Assessed Land Value: 264100
- Market Land Value: 264100
- Tax Amount: 8832.64
- Tax Year: 2025
- Market Value: 718100
- Market Year: 2025
305 E 40th St; Norfolk, VA Property Details
Off market
305 E 40th St Norfolk, VA 23504
$718,100 Estimated Value
4 Beds
3 Baths
2,815 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2018
- Open Loans / Balance: 1 / $189,903
- Est. Equity / %: $892,097 / 82.45%
- Gross Yield: 6.141%
- APN: 00809846
- Situs County: Norfolk City
Rooms
- Bedrooms: 4
- Bathrooms: 3
- Full Bathrooms: 3
Structure
- Building Style: Frame
- Stories: 3.5
- Exterior Wall Type: Siding (Alum/Vinyl)
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Average
- Building Quality: B
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,815/SqFt
- Lot: 6,020/SqFt
- Garage: 353/SqFt
- Living: 2,815/SqFt
- Building: 2,815/SqFt
- Garage Unfinished: 353/SqFt
Legal Description
- Description: LOT 7A, BLK EYE
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: 36.8843 / -76.276566
- Subdivision: Norfolk Circuit Court On
- Property Class: Residential
- County Use Code: 513
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1009
- Cooling: Central
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
305 E 40th St has no associated ownership info
305 E 40th St has no associated ownership info.
Taxes
305 E 40th St has 10 associated Taxes items
305 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 $718,100. The APN we've located for 305 E 40th St is 00809846.
Unlock the full reportTax History
305 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 $718,100 | Land Value $264,100 | Improvement Value $454,000 | Tax Amount $8,832.64 | Change Rate +0.034878% | Assessed CR | Tax Rate +0.0123% |
| Year 2024 | Assessed Value $693,900 | Land Value $264,100 | Improvement Value $429,800 | Tax Amount $8,534.96 | Change Rate +0.039424% | Assessed CR | Tax Rate +0.0123% |
| Year 2023 | Assessed Value $656,900 | Land Value $264,100 | Improvement Value $392,800 | Tax Amount $8,211.24 | Change Rate +0.071611% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $613,000 | Land Value $220,200 | Improvement Value $392,800 | Tax Amount $7,662.52 | Change Rate +0.069811% | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $524,400 | Land Value $220,200 | Improvement Value $304,200 | Tax Amount $7,162.5 | Change Rate +0.49102% | Assessed CR | Tax Rate +0.013658% |
| Year 2020 | Assessed Value $384,300 | Land Value $220,200 | Improvement Value $164,100 | Tax Amount $4,803.76 | Change Rate +0.511824% | Assessed CR | Tax Rate +0.0125% |
| Year 2019 | Assessed Value $301,400 | Land Value $220,200 | Improvement Value $81,200 | Tax Amount $3,177.46 | Change Rate +0.08535% | Assessed CR | Tax Rate +0.010542% |
| Year 2018 | Assessed Value $272,500 | Land Value $220,200 | Improvement Value $52,300 | Tax Amount $2,927.59 | Change Rate +0.05764% | Assessed CR | Tax Rate +0.010743% |
| Year 2017 | Assessed Value $240,700 | Land Value $220,200 | Improvement Value $20,500 | Tax Amount $2,768.04 | Change Rate | Assessed CR | Tax Rate +0.0115% |
| Year 2016 | Assessed Value $220,200 | Land Value $220,200 | Improvement Value | Tax Amount $2,768.04 | Change Rate | Assessed CR | Tax Rate +0.012571% |
| Year 2015 | Assessed Value $220,200 | Land Value $220,200 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $220,200 | Land Value $220,200 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,532.32 | Change Rate | Assessed CR | Tax Rate |