40 Rader Street Unit 507
Norfolk, VA 23510
- 3 beds
- 2.5 baths
- 1,856 sqft
- $336 per sqft
- 1918 build
- – on site
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.
Last checked:
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Last updated Mar 26, 2025
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MLS# 10554560 —
The Building
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Year Built:1918
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Style:Mid Rise
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Roof:Other
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Exterior Siding:Other
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Foundation Type:Pile
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Condo Level:5
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# of Stories:2
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Unit Number:507
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SqFt:1,856 Sqft
Interior
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Interior Features:Walk-In Closet
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Rooms Number:7
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Rooms Other:Assigned Storage, Balcony, Foyer, PBR with Bath, Utility Closet
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Flooring Type:Laminate/LVP
Financial & Terms
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Ownership Type:Condo
Location
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Area:11 - West Norfolk
The Property
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Property Type:Residential
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Property Subtype:Attached
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View Description:City, Harbor
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Waterfront:1
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Waterfront Description:Deep Water, Dock, Navigable, River
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Exterior Features:Cul-De-Sac, Deck, Inground Sprinkler, Patio
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Fence:1
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Fence Description:Partial
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Miscellaneous:Pet Restrictions
Listing Agent
- Contact info:
- Office phone:
- (757) 217-4200
Taxes
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Tax Amount Approx:$6,716
Beds
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Beds Total:3
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# of Beds With Ensuite:1
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First Floor Bed Full Bath:No
Baths
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Total Baths:2.10
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Full Baths:2
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Half Baths:1
The Listing
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Disclosures:Disclosure Statement, Resale Certif Req
Heating & Cooling
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Heating:Heat Pump, Programmable Thermostat
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Cooling:Central Air
Utilities
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Water Type:City/County
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Sewer Type:City/County
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
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Water Heater Type:Electric
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Equipment:Cable Hookup
Schools
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Elementary School:Walter Herron Taylor Elementary
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Middle School:Blair Middle
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High School:Maury
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School Other:EVMS
The Community
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Subdivision Name:DOWNTOWN AREA
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Pool:No Pool
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Amenities Condo POA:Boat Slip, Cable, Clubhouse, Dock, Elevator, Exercise Rm, Gated Community, Ground Maint, Sewer, Trash Pickup, Water
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HOA:Yes
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Fees Condo:$903
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Association Fee 2 Frequency:Monthly
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Assoc Mgmt Co:The Select Group. Robin Joop 757-639-7311 rjopp@thesel
Parking
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Parking:2 Space, Assigned/Reserved, Off Street, Street
Extra Units
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Unit Description:2 Living Lvl, Penthouse
Monthly cost estimate
Asking price
$625,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,346
|
| Taxes | $559 |
| Insurance | $171 |
| HOA fees | $903 |
| Utilities | $178 See report |
| Total | $5,157/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/26/25
Mar 26, 2025
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Price Changed | REIN | $625,000 | -3.8% |
|
2/18/25
Feb 18, 2025
|
Price Changed | REIN | $650,000 | -4.3% |
|
1/24/25
Jan 24, 2025
|
Price Changed | REIN | $679,000 | -2.9% |
