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309 E 40th St; Norfolk, VA Property Details

309 E 40th St, Norfolk, VA is a Single Family that was built in 1941. This property is currently Financed and is not for sale. Our records show that 309 E 40th St has 5 bedrooms, and 3 bathrooms, and a total of 3,531 square feet. The lot size of 309 E 40th St is 4,866 square feet.

Off market
309 E 40th St Norfolk, VA 23504
$869,000 Listing Price
5 Beds
3 Baths
3,531 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1941
  • Purchase Price: $869,000
  • Open Loans: 1
  • Gross Yield: 8.521%
  • APN: 48482600
  • Situs County: Norfolk City
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 12

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Rock, Stone
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true
  • Deck: true

Measurements

  • Total: 3,531/SqFt
  • Lot: 4,866/SqFt
  • Attic: 675/SqFt
  • Garage: 399/SqFt
  • Living: 3,531/SqFt
  • Building: 3,531/SqFt
  • Price Per Square Foot: $246.11

Legal Description

  • Description: 6 BLK EYE RIVERVIEW PK
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: 36.88442 / -76.27657
  • Subdivision: Riverview Park Sd
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 513

Amenities

  • Plus Four: 1009
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

309 E 40th St has 10 associated Taxes items

309 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 $958,800. The APN we've located for 309 E 40th St is 48482600.

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Taxes
  • Assessed Value:  $958,800
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  48482600
  • Assessed Land Value:  261500
  • Market Land Value:  261500
  • Tax Amount:  11793.24
  • Tax Year:  2025
  • Market Value:  958800
  • Market Year:  2025

Tax History

309 E 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $958,800 Land Value $261,500 Improvement Value $697,300 Tax Amount $11,793.24 Change Rate +0.041382% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $920,700 Land Value $261,500 Improvement Value $659,200 Tax Amount $11,324.6 Change Rate +0.051737% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $861,400 Land Value $261,500 Improvement Value $599,900 Tax Amount $10,767.52 Change Rate +0.053186% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $817,900 Land Value $218,000 Improvement Value $599,900 Tax Amount $10,223.76 Change Rate +0.158745% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $682,400 Land Value $218,000 Improvement Value $464,400 Tax Amount $8,823.13 Change Rate +0.107009% Assessed CR Tax Rate +0.01293%
Year 2020 Assessed Value $682,400 Land Value $218,000 Improvement Value $464,400 Tax Amount $7,970.24 Change Rate +0.311018% Assessed CR Tax Rate +0.01168%
Year 2019 Assessed Value $664,600 Land Value $218,000 Improvement Value $446,600 Tax Amount $6,079.43 Change Rate -0.095931% Assessed CR Tax Rate +0.009148%
Year 2018 Assessed Value $672,300 Land Value $218,000 Improvement Value $454,300 Tax Amount $6,724.52 Change Rate +0.176117% Assessed CR Tax Rate +0.010002%
Year 2017 Assessed Value $676,300 Land Value $218,000 Improvement Value $458,300 Tax Amount $5,717.56 Change Rate +0.098981% Assessed CR Tax Rate +0.008454%
Year 2016 Assessed Value $682,600 Land Value $218,000 Improvement Value $464,600 Tax Amount $5,202.6 Change Rate Assessed CR Tax Rate +0.007622%
Year 2015 Assessed Value $682,600 Land Value $218,000 Improvement Value $464,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $682,600 Land Value $218,000 Improvement Value $464,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $5,185.36 Change Rate Assessed CR Tax Rate