CondominiumResidential
40 Rader St
NORFOLK, VA 23510
867 ft²
Lot SizeThe size of the land the home sits on, from county records.
1918
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19186 floors67 units806–2,042 ft²
$26M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$359K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$266
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.
+10.3%vs the Norfolk ZIP median sale $/ft² ($241)
Sales Performance
$526K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+38.1%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
4
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
6.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+3.0%per yeartypical hold 5.0 yrsfrom 41 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20052008201220152017202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20052008201220152017202020232026
96 arms-length sales on record for this building.
Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
1 bd2 bd3 bd
1 bed
34 units$301K · $252/ft²
2 bed
26 units$456K · $290/ft²
3 bed
7 units$509K · $277/ft²
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
1 bd · 1 ba · 891 ft²
4 units$273K · $306/ft²
1 bd · 2 ba · 1,275 ft²
4 units$327K · $256/ft²
1 bd · 1 ba · 884 ft²
3 units$235K · $266/ft²
1 bd · 2 ba · 1,280 ft²
3 units$331K · $259/ft²
1 bd · 2 ba · 1,312 ft²
3 units$330K · $251/ft²
1 bd · 2 ba · 1,314 ft²
3 units$289K · $220/ft²
1 bd · 2 ba · 1,379 ft²
3 units$289K · $210/ft²
2 bd · 2 ba · 1,407 ft²
3 units$359K · $255/ft²
2 bd · 2 ba · 1,427 ft²
3 units$477K · $334/ft²
2 bd · 2 ba · 1,540 ft²
3 units$512K · $332/ft²
3 bd · 2 ba · 1,791 ft²
3 units$509K · $284/ft²
1 bd · 2 ba · 1,320 ft²
2 units$318K · $241/ft²
1 bd · 2 ba · 1,734 ft²
2 units$360K · $208/ft²
One-off layouts
28 units
Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.
$194K–$239K
5 units
$248K–$293K
14 units
$308K–$345K
13 units
$355K–$387K
7 units
$402K–$449K
8 units
$463K–$505K
6 units
$509K–$546K
11 units
$558K–$610K
3 units
Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.
Floors 1–2
$272/ft²22 units · +2%
Floor 3
$250/ft²13 units · -6%
Floor 4
$260/ft²13 units · -2%
Floor 5
$276/ft²13 units · +4%
Floor 6
$278/ft²6 units · +4%
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·06
$329/ft²6 units · +24%
Line ·10
$326/ft²5 units · +23%
Line ·07
$297/ft²5 units · +12%
Line ·03
$278/ft²6 units · +5%
Line ·08
$271/ft²5 units · +2%
Line ·09
$267/ft²4 units · +1%
Line ·04
$263/ft²5 units · -1%
Line ·05
$261/ft²5 units · -2%
Line ·11
$256/ft²5 units · -4%
Line ·12
$250/ft²6 units · -6%
Line ·13
$230/ft²4 units · -13%
Line ·02
$229/ft²6 units · -14%
Ownership & Financing
Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.79%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.18%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.8.3 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.35%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.38%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$369,850
Median tax billThe middle annual property tax bill among the building's units.$4,853
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0
Recent SalesThe latest recorded arms-length sales in the building, newest first.
Unit 403Mar 17, 2026$499,000$279/ft²Unit 203Oct 8, 2025$570,000$318/ft²Unit 206Sep 23, 2025$526,000$369/ft²Unit 410Aug 29, 2025$525,000$341/ft²Unit 507Jun 10, 2025$600,000$347/ft²Unit 312Mar 28, 2025$416,000$296/ft²Unit 204Dec 20, 2024$345,000$271/ft²Unit 305Oct 28, 2024$290,000$227/ft²Unit 105May 31, 2024$350,000$287/ft²Unit 212Jun 30, 2023$350,000$249/ft²
Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.
Climate Risk
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.60 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.94%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone
Scores 0–100; higher = greater projected risk.
Property Facts
Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Two Family
CountyNorfolk City
Lot (acres)The size of the land the home sits on, from county records.0.02
ConstructionThe main material the home's frame and walls are built from.Steel Frame
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Boat access
Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.
HME
Maury High SchoolD
High · Grades 9–12 · 1.1 mi
Blair Middle SchoolD+
Middle · Grades 6–8 · 1.1 mi
W. H. Taylor Elementary SchoolA-
Elementary · Grades PK–5 · 1.1 mi
District: Norfolk City Public Schools
Neighborhood · ZIP 23510These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.
CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.150
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.30
Index scale: 100 = US average (tick). Lower is better.
Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.24%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.7%
PopulationHow many people live in this area.9,236
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,886 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,457
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,415
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%
All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.
40 Rader St Apt 101
1 bd · 1 ba · 1,376 ft²
40 Rader St Apt 102
2 bd · 3 ba · 1,314 ft²
40 Rader St # 103
3 bd · 2 ba · 1,801 ft²
40 Rader St Apt 104
1 bd · 2 ba · 1,275 ft²
40 Rader St Apt 105
1 bd · 2 ba · 1,220 ft²
40 Rader St Apt 106
2 bd · 2 ba · 1,397 ft²
40 Rader St Apt 107
1 bd · 1 ba · 891 ft²
40 Rader St Apt 108
1 bd · 1 ba · 1,071 ft²
40 Rader St Apt 112
1 bd · 1 ba · 806 ft²
40 Rader St Apt 201
1 bd · 2 ba · 1,734 ft²
40 Rader St Apt 202
1 bd · 2 ba · 1,314 ft²
40 Rader St Apt 203
3 bd · 2 ba · 1,791 ft²
40 Rader St Apt 204
1 bd · 2 ba · 1,275 ft²
40 Rader St Apt 205
1 bd · 2 ba · 1,280 ft²
40 Rader St Apt 206
2 bd · 2 ba · 1,427 ft²
40 Rader St # 207
1 bd · 1 ba · 891 ft²
40 Rader St Apt 208
1 bd · 2 ba · 1,333 ft²
40 Rader St Apt 209
1 bd · 2 ba · 1,312 ft²
40 Rader St Apt 210
2 bd · 2 ba · 1,540 ft²
40 Rader St Apt 211
1 bd · 1 ba · 884 ft²
40 Rader St # 212
2 bd · 2 ba · 1,407 ft²
40 Rader St Apt 213
1 bd · 2 ba · 1,379 ft²
40 Rader St Apt 301
2 bd · 2 ba · 1,734 ft²
40 Rader St Apt 302
1 bd · 2 ba · 1,314 ft²
40 Rader St Apt 303
3 bd · 2 ba · 1,791 ft²
40 Rader St Apt 304
1 bd · 2 ba · 1,275 ft²
40 Rader St Apt 305
1 bd · 2 ba · 1,280 ft²
40 Rader St Apt 306
2 bd · 2 ba · 1,427 ft²
40 Rader St Apt 307
1 bd · 1 ba · 891 ft²
40 Rader St Apt 308
1 bd · 2 ba · 1,320 ft²
40 Rader St Apt 309
1 bd · 2 ba · 1,312 ft²
40 Rader St # 310
2 bd · 2 ba · 1,540 ft²
40 Rader St Apt 311
1 bd · 1 ba · 884 ft²
40 Rader St Apt 312
2 bd · 2 ba · 1,407 ft²
40 Rader St Apt 313
1 bd · 2 ba · 1,379 ft²
40 Rader St Apt 401
1 bd · 2 ba · 1,734 ft²
40 Rader St Apt 402
1 bd · 2 ba · 1,314 ft²
40 Rader St # 403
3 bd · 2 ba · 1,791 ft²
40 Rader St Apt 404
1 bd · 2 ba · 1,275 ft²
40 Rader St Apt 405
1 bd · 2 ba · 1,280 ft²
40 Rader St Apt 406
2 bd · 2 ba · 1,427 ft²
40 Rader St Apt 407
1 bd · 1 ba · 891 ft²
40 Rader St Apt 408
1 bd · 2 ba · 1,320 ft²
40 Rader St Apt 409
1 bd · 2 ba · 1,312 ft²
40 Rader St Apt 410
2 bd · 2 ba · 1,540 ft²
40 Rader St Apt 411
1 bd · 1 ba · 884 ft²
40 Rader St # 412
2 bd · 2 ba · 1,407 ft²
40 Rader St # 413
1 bd · 2 ba · 1,379 ft²
40 Rader St Apt 501
2 bd · 3 ba · 1,808 ft²
40 Rader St Apt 502
1 bd · 1 ba · 1,121 ft²
40 Rader St Apt 503
3 bd · 2 ba · 2,014 ft²
40 Rader St # 504
2 bd · 2.5 ba · 2,010 ft²
40 Rader St # 505
2 bd · 2.5 ba · 1,848 ft²
40 Rader St Apt 506
2 bd · 2 ba · 1,561 ft²
40 Rader St Apt 507
2 bd · 3 ba · 1,730 ft²
40 Rader St Apt 508
2 bd · 3 ba · 1,618 ft²
40 Rader St Apt 509
3 bd · 3 ba · 1,902 ft²
40 Rader St Apt 510
2 bd · 2 ba · 1,490 ft²
40 Rader St Apt 511
2 bd · 2 ba · 1,610 ft²
40 Rader St Apt 512
2 bd · 2 ba · 1,519 ft²
40 Rader St Apt 513
2 bd · 3 ba · 1,774 ft²
40 Rader St Apt 602
1 bd · 1 ba · 1,231 ft²
40 Rader St Apt 603
3 bd · 2 ba · 2,042 ft²
40 Rader St Apt 606
2 bd · 2 ba · 1,579 ft²
40 Rader St Apt 610
2 bd · 2 ba · 1,648 ft²
40 Rader St Apt 611
2 bd · 2 ba · 1,670 ft²
40 Rader St Apt 612
2 bd · 2 ba · 1,623 ft²
Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.
About 40 Rader St
How many units are in 40 Rader St, Norfolk, VA?
40 Rader St, Norfolk, VA has 67 residential units across 6 floors, built in 1918, according to county assessor records.
What is a unit at 40 Rader St, Norfolk, VA worth?
The median TopHap Estimate across the 67 units at 40 Rader St, Norfolk, VA is $358,658. That works out to $266 per square foot. Units run from 806 to 2,042 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.
Is 40 Rader St, Norfolk, VA expensive for Norfolk?
Units at 40 Rader St, Norfolk, VA carry a median of $266 per square foot, 10% above the Norfolk median of $241 per square foot.
How often do units sell at 40 Rader St, Norfolk, VA?
4 units at 40 Rader St, Norfolk, VA sold in the last 12 months, out of 96 recorded arms-length sales all time. That is a turnover rate of 6.0% of the building per year. The median sale over that period was $526K.
Have units at 40 Rader St, Norfolk, VA appreciated?
Across 41 repeat sales of the same unit, 40 Rader St, Norfolk, VA returned a median 3.0% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.0 years.
What floor plans does 40 Rader St, Norfolk, VA have?
The most common plan at 40 Rader St, Norfolk, VA is a 1-bedroom of 891 square feet, repeated 4 times, with a median estimate of $273,071. TopHap identifies 13 recurring plans in the building.
Closest homes
- 40 Rader St$505K0 ft · 3 bd · 2 ba · 1,801 ft² · Sold $385K · Jun 2016
- 40 Rader St Apt 511$387K0 ft · 2 bd · 2 ba · 1,610 ft² · Sold Nov 2013
- 40 Rader St Apt 610$546K0 ft · 2 bd · 2 ba · 1,648 ft² · Sold $500K · Sep 2021
- 40 Rader St Apt 503$534K0 ft · 3 bd · 2 ba · 2,014 ft² · Sold $530K · Jul 2006
- 40 Rader St Apt 512$381K0 ft · 2 bd · 2 ba · 1,519 ft² · Sold $275K · Sep 2020
- 40 Rader St Apt 105$335K0 ft · 1 bd · 2 ba · 1,220 ft² · Sold $350K · May 2024
- 40 Rader St Apt 205$331K0 ft · 1 bd · 2 ba · 1,280 ft² · Sold $281K · Mar 2009
- 40 Rader St Apt 206$514K0 ft · 2 bd · 2 ba · 1,427 ft² · Sold $526K · Sep 2025
More homes in Norfolk 23510
- 239 Duke St$511K2 bd · 2 ba · 1,867 ft² · Sold $580K · Aug 2026
- 255 College Pl$415K2 bd · 2 ba · 1,568 ft² · Sold $415K · Aug 2026
- 305 Brooke Ave$519K3 bd · 2.5 ba · 1,783 ft² · Sold $519K · Jul 2026
- 435 E Freemason St$272K2 bd · 2 ba · 1,226 ft² · Sold $181K · Jul 2026
- 255 College Pl$245K1 bd · 1.5 ba · 1,053 ft² · Sold $259K · Jul 2026
- 401 College Pl$445K3 bd · 3 ba · 2,390 ft² · Sold $443K · Jul 2026
- 415 Saint Pauls Blvd$311K2 bd · 2 ba · 1,387 ft² · Sold $273K · Jul 2026
- 1400 Granby St$240K1 bd · 1.5 ba · 975 ft² · Sold $235K · Jul 2026
- 123 College Pl$470K2 bd · 2.5 ba · 1,443 ft² · Sold $459K · Jul 2026
- 303 W Freemason St$253K1 bd · 1 ba · 712 ft² · Sold $217K · Jul 2026
- 1400 Granby St$280K2 bd · 2 ba · 1,204 ft² · Sold $280K · Jul 2026
- 1400 Granby St$250K2 bd · 2 ba · 1,202 ft² · Sold $256K · Jul 2026
Assigned schools
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