$6,888 Closing Credit¹
#10569806, B. Anne Davis, Listing Office: BHHS RW Towne Realty
$625,000 List price
40 Rader St Unit 507 Norfolk, VA 23510
$7,422
Closing credit¹
3 beds
2 full, 1 partial
1,856 sqft
$337 / sqft
Condo
Property details
About 40 Rader St Unit 507
Sophisticated waterfront condo enjoys bold river and city views. This two story penthouse unit has two waterfront balconies plus a private patio, offering outdoor space for dining Al fresco, or just watching the always changing river traffic go by. Totally renovated, from floor to ceiling, this pleasing open floor plan features a contemporary custom kitchen with amazing built-ins and storage. Extensive use of natural stone adds to the rich, custom feel throughout. Floor to ceiling windows in most rooms allow you to enjoy river views and a sunny southern exposure. All three bedrooms have custom wall cabinetry. The primary bedroom has an en-suite bathroom and walk-in closet with an additional work station. Two assigned off-street parking spaces and an assigned storage space convey. Two boat slips convey, each one is $155/mo.
Highlights
Home typeCondominium
HeatingHeat Pump, Other
StatusActive
CoolingCentral Air
Size1,856 sqft
Year built1918
Parking2 Space, Assigned/Reserved, Off Street, Street
MLS #10554560
WaterfrontWaterfront, Dock, Navigable Water, River
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring Type: Laminate/LVP
- Interior: Walk-In Closet
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: 2 Space, Assigned/Reserved, Off Street, Street
- Waterfront: Waterfront, Dock, Navigable Water, River
- Exterior: Cul-De-Sac, Deck, Inground Sprinkler, Patio
- Architectural Style: Mid Rise
- Heating: Heat Pump, Other
- Cooling: Central Air
- List Price: $625,000
- Price/SqFt: $336
- Year Built: 1918
- Stories: 2
- Living Area: 1,856 SqFt
- MLS Number: 10554560
- Office Name: BHHS RW Towne Realty
- Listing Agent: Claudia Mackintosh
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$625,000
40 Rader St Unit 507
$7,422
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
W. H. Taylor Elementary School
Public District PK-5
1.1 mi
•1122 W Princess Anne Rd
4
Park View Elementary School
Public District KG-6
1.2 mi
•260 Elm Ave
2
Tidewater Park Elementary School
Public District 3-5
1.3 mi
•1045 E Brambleton Ave
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 $74,728. Most Norfolk, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
23%
<35k
32%
35k-100k
18%
100k-200k
27%
200k+
What level of education do the neighbors have?
Post Secondary Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
0%
Single, with Kids
34%
Married, No Kids
0%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
0%
12-17 yrs old
5%
18-34 yrs old
25%
35-64 yrs old
68%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Norfolk, VA
Norfolk's transportation infrastructure supports both private and public transit options, with a network of roads and highways facilitating travel within and beyond the city. Public transportation is available, with bus services operating on a set schedule, providing residents with reliable means of commuting. The city also accommodates ride-sharing services, enhancing mobility options for residents. Certain areas of Norfolk are known for their walkability, offering pedestrian-friendly environments, while bike paths are also available for cycling enthusiasts.
The city is served by a comprehensive educational system, including a variety of public and private schools that cater to different educational needs, some with religious affiliations. Norfolk's healthcare infrastructure is well-established, with several hospitals offering a range of services from emergency care to specialized treatments. The public library system is extensive, supporting the community's educational and informational needs. Retail and dining options are plentiful, reflecting the local culture and cuisine, with ongoing initiatives to enhance these services to meet the evolving demands of the community.
Norfolk prides itself on its rich maritime history and strong military presence, given its strategic coastal location. The community's character is further defined by its vibrant arts scene, with numerous galleries and theaters contributing to the cultural fabric of the city. Annual events, such as the Norfolk Waterfront Jazz Festival, highlight the city's love for music and community gatherings.
Norfolk's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to suit various preferences. The architectural styles in Norfolk are eclectic, with a significant number of properties reflecting historical charm alongside modern and contemporary designs. The city's homeownership rate is robust, with a substantial portion of residents owning their homes, while the remainder of the population opts for rental opportunities.
About 40 Rader St Unit 507
The listing price of 40 Rader St Unit 507 property is $625,000.
The property 40 Rader St Unit 507 is a condo located in Norfolk, Virginia, 23510.
Active Listing: 40 Rader St Unit 507 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40 Rader St Unit 507 are: W. H. Taylor Elementary School (GreatSchools Rating 8/10), Park View Elementary School (GreatSchools Rating 4/10), Tidewater Park Elementary School (GreatSchools Rating 2/10), Ghent School (GreatSchools Rating 6/10), Blair Middle School (GreatSchools Rating 3/10), Ruffner Academy (GreatSchools Rating 2/10), Maury High School (GreatSchools Rating 3/10), I. C. Norcom High School (GreatSchools Rating 2/10), Booker T. Washington High School (GreatSchools Rating 3/10).
The property at 40 Rader St Unit 507 has 3 bedrooms and 2 full and 1 half bathrooms.
The property 40 Rader St Unit 507 is 1,856 SqFt (source: MLS/tax record).
The year of construction for 40 Rader St Unit 507 is 1918.
This home is located at 40 Rader St Unit 507 in Norfolk, VA and zip code 23510. This 1,856 square foot home was built in 1918. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $625,000.
Between March and April 2025, Norfolk, VA real estate market has seen increase in the number of listings by 11.9%. While the average time on the market in April 2025 was 78 days, the median list price was $324,979.
From Rocket Homes Real Estate and based on county public records data.