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242 E 40th St, Norfolk, VA 23504 Property Records

Norfolk City property record for 242 E 40th St, Norfolk, VA 23504 · Last verified May 2026

Property Highlights

Property TypeResidential > Multi-Unit > Duplex
Bedrooms4 Beds
Bathrooms2 Baths
Year BuiltBuilt 1941
Square Footage2,090 sqft Total Area
Lot Size7,135 sqft (0.164 acres)
GarageDetached, 432 sqft
Last Sale$215,000 (2018)
Tax Bill$4,592.00 (2025)

Property Details

APN / Parcel Number

Primary APN12528600

Interior

Bedrooms4 Beds
Full Baths2 Baths
Total Rooms11 Rooms
Building Area2,090 sqft Total Area
Stories2 Stories
Interior StructurePlaster Interior Structure
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1941
Effective Year BuiltEffective 1941
Architectural StyleDuplex Single Style
Exterior MaterialAluminum/Vinyl Exterior
Construction TypeFrame Construction
Foundation TypeNo Foundation Foundation
Roof ConstructionGable Roof Construction
Roof MaterialAsbestos Roof
Lot Area7,135 sqft (0.164 acres)
Parking Spaces2 Parking Spaces
Garage TypeDetached Garage
Garage Area432 sqft Garage
Porch1 Porch
Porch Area176 sqft Porch

Utilities and HVAC

Cooling SystemNone Cooling
Heating SystemHot Water Heating

Location & Zoning

Street Address242 E 40TH ST
CityNORFOLK
StateVA
Zip23504-1008
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Duplex
Legal Description11 & PT OF 10 BLK C (62.5 FT)
Legal SubdivisionRIVERVIEW PARK
Legal BlockC
JurisdictionNORFOLK CITY VA
Minor Civil DivisionNORFOLK
Census Blockgroup1
Census Block1002
Census Tract2800

Owner

Source: Norfolk City records · APN 12528600

Assessment roll updated September 25, 2025 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address322 60TH ST, NEWPORT NEWS, VA 23607-1908
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jun 12, 2018Deed of Trust, Mortgage · Commercial Mortgage
TOWNEBANK
Aug 24, 2020Deed, Transfer
Feb 06, 2018Warranty Deed, Transfer · Conventional Mortgage
SOUTHERN TRUST MORTGAGE LLC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleFeb 06, 2018 · Amount on Record
Deed SaleFeb 06, 2018 · Amount on Record
Deed Doc Number20182347
Record RefreshedJun 08, 2026

June 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNORFOLK CITY VA
Property Address242 E 40TH ST, NORFOLK, VA 23504-1008
Transaction TypeMortgage
Record UpdatedFeb 05, 2021
Title CompanyVA HOME TITLE & SETTLEMENTS

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number180011856
DateJun 12, 2018
Instrument180011856
Lender
NameTOWNEBANK
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

August 2020: Deed, Transfer

Document TypeDeed
JurisdictionNORFOLK CITY VA
Recording DateAug 24, 2020
Property Address242 E 40TH ST, NORFOLK, VA 23504-1008
Document Number200020096
Instrument DateAug 11, 2020
Instrument200020096
Transaction TypeTransfer
Record UpdatedSep 10, 2021

Transaction

Tax$0.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address322 60TH ST, NEWPORT NEWS, VA 23607-1908

February 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionNORFOLK CITY VA
Recording DateFeb 06, 2018
Property Address242 E 40TH ST, NORFOLK, VA 23504-1008
Document Number180002347
Instrument DateFeb 05, 2018
Instrument180002347
Transaction TypeTransfer
Record UpdatedSep 10, 2021
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address242 E 40TH ST, NORFOLK, VA 23504-1008

Mortgage

Document Number180002348
DateFeb 06, 2018
Instrument180002348
Lender
NameSOUTHERN TRUST MORTGAGE LLC
Agreement
TypeConventional Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Norfolk City records · Assessment roll updated September 25, 2025 · Last verified May 2026

Property Jurisdictions

TypeName
StateVirginia
MunicipalityNorfolk City
Unified School DistrictNorfolk City Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$4,592.00 (+7.16%)$373,400 (+8.93%) Land $109,000 Building $264,400$373,400 (+8.93%) Land $109,000 Building $264,400
2023$4,285.00$342,800 Land $109,000 Building $233,800$342,800 Land $109,000 Building $233,800

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