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Sold on 07/12/2017
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248 e 40th St, Norfolk, VA 23504

$559,000

Last sold 07/12/2017 for $429K

  • 4

    bed

  • 3

    bath

  • 2,757

    Sqft ($156/Sqft)

House not for sale
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About 248 e 40th St

Property type House
Neighborhood
Year built 2017
HOA fee $0/month
Lot size 5,706 Sqft
Movoto estimate
Rental estimate
Property description
This 4-bedroom, 3-bathroom single-family home is located at 248 e 40th St, Norfolk, VA, 23504, in the Colonial Place-Riverview neighborhood in Norfolk City County and was built in 2017. This home offers 2,757 square feet of living space on a 5,706 sq ft lot. The estimated market value is $559,000, approximately $203 per square foot.
$559K
Range: $463K-$654K
Last 30 days 
Rental est.: $680/month
Gross rent multiplier: 52.7
  • — Off Market
    —
  • Jul 2017
    Public Records
  • Jul 12, 2017 Sold
    $429,900
  • Sep 2016
    Public Records
  • Sep 1, 2016 Sold
    $115,000
  • Year Property taxes Tax assessment
  • 2024
    $6,068 +7.0%
    $485,400 +7.01%
  • 2023
    $5,670 +7.1%
    $453,600 +7.08%
  • 2022
    $5,295 +2.4%
    $423,600 +2.37%
  • 2021
    $5,173
    $413,800
  • 2020
    $5,173 +4.6%
    $413,800
  • 2019
    $4,945 +6.5%
    $413,800 +4.6%
  • 2018
    $4,644 +79.1%
    $395,600 +5.89%
  • 2016
    $2,593 -39.7%
    $373,600
  • 2013
    $4,296
    —
  • 248 e 40th St
    $429K
  • Colonial Place-Riverview
    $452K +13% y/y
  • 23504
    $345K +16% y/y
  • Norfolk
    $345K +6% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
252 E 40th St, Norfolk, VA 23504 $573,000 5/3 3,538 0.01
264 E 40th St, Norfolk, VA 23504 $391,000 2/2 1,708 0.02
241 E 41st St, Norfolk, VA 23504 $421,000 3/1 2,079 0.02
245 E 41st St, Norfolk, VA 23504 $574,000 4/3 3,285 0.02
239 E 41st St, Norfolk, VA 23504 $468,000 5/1 2,951 0.02
235 E 41st St, Norfolk, VA 23504 $405,000 4/2 1,945 0.03
240 E 40th St, Norfolk, VA 23504 $385,000 3/2 1,665 0.03
257 E 40th St, Norfolk, VA 23504 $469,000 4/2 2,468 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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2/10
Granby Elementary School
public Grades PK, K-5
Norfolk City Public Schools
4/10
Blair Middle School
public Grades 6-8
Norfolk City Public Schools
3/10
Maury High School
public Grades 9-12
Norfolk City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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