What is 306 E 40th St estimated to be worth?

Trulia's estimated value for 306 E 40th St in Norfolk, VA is $390,500 .

What is the price history for 306 E 40th St?

306 E 40th St in Norfolk, VA last sold for $115,000 in May 2016.

Is Norfolk a buyer's or seller's market?

Norfolk is currently a buyer's market, based on recent for-sale activity.

What's the median sale price in Norfolk?

The median sale price in Norfolk is $322K. That is down $2.8K from the prior month.

Does 306 E 40th St have air conditioning?

Yes, 306 E 40th St in Norfolk, VA has air conditioning.

Does 306 E 40th St have a pool?

Yes, 306 E 40th St in Norfolk, VA has a pool.

OFF MARKET

$390,500

Trulia Estimate

3 Beds
1.5 Baths
1,268 sqft

306 E 40th St, Norfolk, VA 23504

Riverview

Est. Refi. Payment $2,478/mo*

Refinance Your Home

Currently Off Market - Sold May 9, 2016 for $115,000

Home Value

Trulia Estimate

$391K

Since last month

$1K (-0.3%)

Since last year

$3K (-0.7%)

Since last sale

$276K (+240.1%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +99% in the last 10 years

Month	Estimated value
2026
October 2026	$391K
October 2026	$391K
September 2026	$392K
August 2026	$390K
July 2026	$390K
June 2026	$398K
May 2026	$396K
April 2026	$396K
March 2026	$395K
February 2026	$392K
January 2026	$383K
2025
December 2025	$382K
November 2025	$395K
October 2025	$394K
September 2025	$391K
August 2025	$391K
July 2025	$402K
June 2025	$392K
May 2025	$391K
April 2025	$389K
March 2025	$377K
February 2025	$377K
January 2025	$372K
2024
December 2024	$374K
November 2024	$379K
October 2024	$382K
September 2024	$379K
August 2024	$375K
July 2024	$371K
June 2024	$372K
May 2024	$368K
April 2024	$368K
March 2024	$365K
February 2024	$368K
January 2024	$357K
2023
December 2023	$357K
November 2023	$360K
October 2023	$368K
September 2023	$365K
August 2023	$362K
July 2023	$368K
June 2023	$351K
May 2023	$348K
April 2023	$334K
March 2023	$321K
February 2023	$309K
January 2023	$305K
2022
December 2022	$305K
November 2022	$308K
October 2022	$315K
September 2022	$314K
August 2022	$314K
July 2022	$321K
June 2022	$328K
May 2022	$326K
April 2022	$320K
March 2022	$317K
February 2022	$316K
January 2022	$315K
2021
December 2021	$306K
November 2021	$310K
October 2021	$307K
September 2021	$310K
August 2021	$312K
July 2021	$319K
June 2021	$322K
May 2021	$331K
April 2021	$319K
March 2021	$311K
February 2021	$303K
January 2021	$302K
2020
December 2020	$302K
November 2020	$300K
October 2020	$298K
September 2020	$317K
August 2020	$292K
July 2020	$291K
June 2020	$288K
May 2020	$281K
April 2020	$272K
March 2020	$268K
February 2020	$273K
January 2020	$276K
2019
December 2019	$274K
November 2019	$281K
October 2019	$275K
September 2019	$276K
August 2019	$277K
July 2019	$270K
June 2019	$272K
May 2019	$276K
April 2019	$276K
March 2019	$273K
February 2019	$270K
January 2019	$261K
2018
December 2018	$256K
November 2018	$254K
October 2018	$255K
September 2018	$250K
August 2018	$252K
July 2018	$251K
June 2018	$250K
May 2018	$256K
April 2018	$265K
March 2018	$266K
February 2018	$260K
January 2018	$255K
2017
December 2017	$263K
November 2017	$271K
October 2017	$271K
September 2017	$214K
August 2017	$214K
July 2017	$210K
June 2017	$211K
May 2017	$213K
April 2017	$215K
March 2017	$212K
February 2017	$203K
January 2017	$196K
2016
December 2016	$199K
November 2016	$197K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
304 Lucile Ave, Norfolk, VA	0.12	Single-Family Home	$410,000	11/25/25	3	2.5	1,500
3939 Omohundro Ave, Norfolk, VA	0.35	Single-Family Home	$269,000	12/01/25	3	2	1,521
221 E 40th St, Norfolk, VA	0.15	Single-Family Home	$375,000	02/27/26	4	2.5	2,128
434 New York Ave, Norfolk, VA	0.46	Single-Family Home	$354,000	06/04/26	3	1	1,396
202 Lucile Ave, Norfolk, VA	0.26	Single-Family Home	$335,000	12/16/25	3	2.5	1,600
285 Lucile Ave, Norfolk, VA	0.15	Single-Family Home	$440,000	10/09/26	4	2.5	2,326
1464 Ashland Cir, Norfolk, VA	0.40	Single-Family Home	$424,900	07/27/26	3	2.5	1,700
4400 Colonial Ave, Norfolk, VA	0.54	Single-Family Home	$359,000	04/24/26	3	1.5	1,184
2522 Druid Cir, Norfolk, VA	0.87	Single-Family Home	$150,000	08/24/26	3	2	1,232
1536 Ashland Ave, Norfolk, VA	0.55	Single-Family Home	$230,000	09/14/26	2	1	1,176

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
300 E 40th St, Norfolk, VA 23504	0.01	$484,300	3	2	2,560	Off Market
308 E 40th St, Norfolk, VA 23504	0.02	$716,000	3	2.5	2,487	Off Market
4010 Holly Ave, Norfolk, VA 23504	0.02	$439,700	6	3	3,000	Off Market
4010 Holly Ave #2, Norfolk, VA 23504	0.02	-	3	1	1,400	Off Market
4010 Holly Ave #1, Norfolk, VA 23504	0.02	$423,900	3	2	1,600	Off Market
4015 Beach Ave, Norfolk, VA 23504	0.03	$519,300	3	3	1,800	Off Market
4014 Holly Ave, Norfolk, VA 23504	0.03	$590,100	4	2.5	3,218	Off Market
3920 Holly Ave, Norfolk, VA 23504	0.03	$579,600	4	2.5	2,300	Off Market
309 E 40th St, Norfolk, VA 23504	0.03	$950,600	4	3	3,562	Off Market
268 E 40th St, Norfolk, VA 23504	0.03	$445,000	5	1.5	2,408	For Sale
305 E 40th St, Norfolk, VA 23504	0.04	$636,200	4	3	2,815	Off Market
259 E 41st St, Norfolk, VA 23504	0.04	$339,500	3	1	1,307	Off Market
3916 Holly Ave, Norfolk, VA 23504	0.04	$751,200	5	4	2,889	Off Market
265 E 40th St, Norfolk, VA 23504	0.05	$353,300	4	2	1,914	Off Market
264 E 40th St, Norfolk, VA 23504	0.05	$468,200	3	2.5	1,800	Off Market
255 E 41st St, Norfolk, VA 23504	0.05	$620,000	4	2.5	3,761	Recently Sold
3912 Holly Ave, Norfolk, VA 23504	0.05	$692,000	6	3	2,900	Off Market
263 E 40th St, Norfolk, VA 23504	0.05	$330,200	3	2	1,914	Off Market
320 E 41st St, Norfolk, VA 23504	0.06	-	-	-	-	Off Market
3904 Holly Ave, Norfolk, VA 23504	0.06	$312,400	3	2	1,386	Off Market

Local Information

Map ViewExplore the area around 306 E 40th St.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1905

1,268 sqft

$308/sqft

Garage

About this House

Two story traditional with spacious fenced backyard. Water view from deck and front porch. Updated kitchen. Hardwood floors in dining room, family room and living room with fireplace. Terrific Riverview location near shops and dining. Close to downtown, Wards Corner and ODU.

306 E 40th St, Norfolk, VA 23504 is a 3 bedroom, 2 bathroom, 1,268 sqft single-family home in Riverview, built in 1905. It last sold for $115,000 on May 9, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $390,500, with a rent estimate of $2,242/month.

Home Details for 306 E 40th St

Interior Features
Interior Details BasementAtticNumber of Rooms: 6
Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility Stories: 1.75Floors: Carpet, Hardwood
Fireplace & Spa Fireplace

Exterior Features
Exterior Home Features Roof: AsphaltDeckExterior: VinylFoundation Type: Crawl Raised
Pool Pool
Parking & Garage GarageParking: Garage Detached

Property Information
Year Built Year Built: 1905
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional

Lot Information
Lot Area: 4791 sqft

Price and Tax history

Date	Event	Price
May 9, 2016 Source: N/A	Sold	$115,000
Mar 15, 2016 Source: Agent Provided	Listed For Sale	$101,900

Year	Property tax	Tax assessment
2025	$5,007	$407,100

Additional Cost

Market trends in Norfolk

Last updated September 2026

Avg. sale price

$322K

$2.8KMoM

Sale-to-List Price

100.0%

Price per sq ft

$214

$1MoM

Available listings

930

39MoM

Sourced by Trulia Market Trends

Around this home

Granby Elementary School
PK-5
Public
464 Students
Norfolk City Public Schools
2/10
GreatSchools Rating
Parent Rating Average
This school is not for me at all. The kids there were rude and make fun of anyone and everyone for simply living at that point. The teachers never talked things out ever. One teacher even pulled in my ear. They made me feel unsafe and trapped by saying “even if you switch classes you’ll still see me” like a threat.Don’t go here it’s not safe or healthy
Other Review
1y ago
13 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Riverview

5 Homes For You
Buy: $275k - $750k

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Riverview

terrell parker
Resident
1y ago
"Im not from here so icant say, only thing ican say is its big, somewhat okay and the people seem chill but most time igo to work and come home"
0
Flag
Erik G.
Prev. Resident
4y ago
"Great places to walk to from a quiet and safe neighborhood. Friendly people and lots of access to the water."
0
Flag
Ashlyn K.
Resident
6y ago
"Tons of dogs in the area. Some friendly, some not. There is a dog park in walking distance that is super fun to walk to on nice days!"
0
Flag
Ann T. F. M.
Resident
6y ago
"It seems like dog owners are happy here. I always see people out with their puppies in the neighborhood!"
2
Flag
Laura L.
12y ago
"Small town feel with friendly neighbors and neighborly feeling in local shops. Riverview has no through streets and is wrapped by the river."
2
Flag
Melissa H.
13y ago
"From relaxing in your back yard to walking the streets to see beautiful homes and wonderful neighbors, this neighborhood is great. With easy to walk to restaurants, shops, parks, festivals, and even a zoo, you will never be without something to do. Super fast 10 minute drive to NOB, EVMS, and Downtown Norfolk makes getting around easy."
1
Flag
lindaschooley
13y ago
"Crime is everywhere these days. Anyone who seriously thinks that this area in unsafe needs to get out more. Diligence is the key. Security systems should be used and activated. Valuable items should not be left in the car. I live in Riverview and walk a lot around my neighborhood and Colonial Place. I have never felt unsafe. These are great neighborhoods for families and dogs."
2
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 306 E 40th St

What is 306 E 40th St estimated to be worth?
Trulia's estimated value for 306 E 40th St in Norfolk, VA is $390,500.
What is the price history for 306 E 40th St?
306 E 40th St in Norfolk, VA last sold for $115,000 in May 2016.
Is Norfolk a buyer's or seller's market?
Norfolk is currently a buyer's market, based on recent for-sale activity.
What's the median sale price in Norfolk?
The median sale price in Norfolk is $322K. That is down $2.8K from the prior month.
Does 306 E 40th St have air conditioning?
Yes, 306 E 40th St in Norfolk, VA has air conditioning.
Does 306 E 40th St have a pool?
Yes, 306 E 40th St in Norfolk, VA has a pool.