#10571087, Tammy Nobles, Listing office: Own Real Estate LLC
$450,000 List price
221 E 40th St Norfolk, VA 23504
4 beds
2 full, 1 partial
2,128 sqft
$211 / sqft
House
Property details
About 221 E 40th St
A unique opportunity to turn this lovely 1921 Colonial in sought after Riverview neighborhood into your dream home. This is an estate "as is" sale and only for 203 Renovation Loans or cash. Heir has had preliminary trade inspects to determine potential updates needed and has priced accordingly. Current family has recently updated the Gas furnace and installed tankless water heater. Tax record does not reflect additional space, 1/2 bath and also the third floor that has 2 spaces and can easily be renovated for 5th bedroom and en-suite with HVAC installation. Rare features include fireplaces and screened porches on first and second floors, gleaming hardwoods, glass french doors, double staircase, convenient first floor laundry addition and unique built-ins. This grand dame is just waiting for a little TLC to make truly one of a kind. Nearby Virginia Zoo, kayak launches, Riverview Village w/ restaurants, antique shops and upcoming renovated movie theatre.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Radiant
StatusActive
(New Listing)
(New Listing)
CoolingWall/Window Unit(s)
Size2,128 sqft
BasementYes
Year built1921
ParkingGarage Det 1 Car, 3 Space, Driveway Spc, Street
MLS #10591754
FireplaceWood Burning Fireplace
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Ceramic, Vinyl, Wood
- Interior: Dual Entry Bath (Br & Br), Fireplace Wood, Perm Attic Stairs, Scuttle Access, Walk-In Attic, Walk-In Closet, Window Treatments
- Fireplace: Wood Burning Fireplace
- Total Bedroom Count: 4
- Private Pool: No
- Parking: Garage Det 1 Car, 3 Space, Driveway Spc, Street
- Exterior: Patio
- Architectural Style: Colonial
- Heating: Forced Air, Radiant
- Cooling: Wall/Window Unit(s)
- List Price: $450,000
- Price/SqFt: $211
- HOA Amount: $0
- Annual Tax Amount: $4,830
- Tax Year: 2024
- Year Built: 1921
- Stories: 3
- Living Area: 2,128 SqFt
- MLS Number: 10591754
- Office Name: Howard Hanna Real Estate Svcs.
- Listing Agent: Beth Lloyd
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Last updated on: 7/14/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $386,400 | $4,830 |
| 2023 | $362,500 | $4,531 |
| 2022 | $332,500 | $4,156 |
| 2021 | $326,800 | $4,085 |
| 2020 | $326,800 | $3,826 |
| 2019 | $306,100 | $3,578 |
| 2018 | $286,300 | $3,578 |
| 2017 | $276,300 | $3,177 |
History based on county public records data.
Nearby schools
4
Willard Model Elementary School
Public District PK-5
0.8 mi
•1511 Willow Wood Dr
3
James Monroe Elementary School
Public District PK-5
0.8 mi
•520 W 29th St
5
Lindenwood Elementary School
Public District PK-5
1.1 mi
•2700 Ludlow St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $99,020. The most common annual income of people living in Norfolk, VA is between $100k-200k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
16%
<35k
35%
35k-100k
45%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
6%
Single, with Kids
25%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
23%
18-34 yrs old
48%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
H&M
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
Audi
Mercedes
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 221 E 40th St
The listing price of 221 E 40th St property is $450,000.
The property 221 E 40th St is a house located in Norfolk, Virginia, 23504.
Active Listing: 221 E 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 221 E 40th St are: Willard Model Elementary School (GreatSchools Rating 4/10), James Monroe Elementary School (GreatSchools Rating 3/10), Lindenwood Elementary School (GreatSchools Rating 5/10), Academy for Discovery at Lakewood (GreatSchools Rating 7/10), Ghent School (GreatSchools Rating 6/10), Blair Middle School (GreatSchools Rating 3/10), Maury High School (GreatSchools Rating 3/10), Granby High School (GreatSchools Rating 2/10), Booker T. Washington High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $4,830 (source: MLS/based on county public records data).
The property at 221 E 40th St has 4 bedrooms and 2 full and 1 half bathrooms.
The property 221 E 40th St is 2,128 SqFt (source: MLS/tax record).
The year of construction for 221 E 40th St is 1921.
This home is located at 221 E 40th St in Norfolk, VA and zip code 23504 in the Colonial Place neighborhood. This 2,128 square foot home was built in 1921. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $450,000.
In June 2025, from all listings sold in Norfolk, VA there were more than 1 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Norfolk, VA increased by 5.5% between May and June 2025. In June 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $214,250.
From Rocket Homes Real Estate and based on county public records data.