Norfolk  »  23508  »  Lamberts Point

1265 West 40th Street, Norfolk, VA 23508

Lamberts Point, Norfolk
Building in Lamberts Point
1 Stories
Built in 1948
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Welcome to 1265 West 40th Street, a building located in Lamberts Point, Norfolk in Norfolk, VA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1948. This is a single story building. Finally, 1265 West 40th Street was most recently sold on Jul 29, 2014 for $32,000. The market value for the land that the building sits on has been listed at $60,500. In addition, improvements upon the building have an added value of $94,000. In total, the total market value of the property as a whole is $154,500. According to local assessors, the total value of the building is currently valued at $154,500. Specifically, the value of the land that the property sits on has been assessed at $60,500. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1948
Effective Year Built
1948
Total Rooms
5
Bedroom Count
3
Bathroom Count
1
Full Bathrooms
1
Partial Bathrooms
1
Building Condition
Average
Building Quality
C-
Construction Type
Frame
Building Style
Conventional
Exterior Walls Type
Brick
Interior Walls Type
Gypsum board (drywall, sheetrock, etc.)
Roof Shape Type
Gable
Roof Cover Type
Asphalt
Floor Count
1
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
0.117
Standard Land Use Code
Single family residential
County Land Use Code
Vehicles general
Legal Description 1
2 & 3 BLK 2
Ownership
Current Owner
LHP HOLDINGS LLC A VIRGINIA LIMITED LIAB
Current Owner's Name
LHP HOLDINGS LLC
Previous Owner
ROULHAC JAMES STEWART
Owner Address - City
HYATTSVILLE
Owner Address - State
MD
Owner Address - ZIP Code
20782
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Norfolk City Public Schools
Census Tract
002500
Census Block Code
1022
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
545
Census - Combined Statistical Area - Area Name
Virginia Beach-Norfolk, VA-NC
Census - County FIPS
51710
Census - Full FIPS
517100025001022
Census - Metro Micro Statistical Area - Area Code
47260
Census - Metro Micro Statistical Area - Area Name
Virginia Beach-Norfolk-Newport News, VA-NC
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
5157000
Census Source
US Census Bureau
Census State FIPS
51
Census Tract Code
002500
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
5102670
School District - Unified - Name
Norfolk City Public Schools
Zoning
Zoning
R8
Geography
Section
505
Parcel
21748900
Block
2
Lot Code
unknown
Latitude
36.881
Longitude
-76.3053
FIPS
51710
Mailing Carrier Code
C020
Mailing Full Street Address
4801 RUSSELL AVE
Mailing House Number
4801
Mailing Street Mode
AVE
Mailing Street
RUSSELL
Mailing 4-Digit Zip Code
3314
Geo Status Code
unknown
Valuation
Timestamp
2024-02-23 21:20:22
UCID Flag
C
More About The Building
In total, the building area is listed as 988 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 1265 West 40th Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Lamberts Point area have a median price of $1,900. Those in the 25th percentile, have a price around $1,550. While those in the 75th percentile, have a price around $2,250. Typically, the buildings in this area have a median sqft of 1,173. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There is currently a single advertised two bedroom listing.
  • There are currently no three bedroom listings being advertised in the area.
  • There is currently a single advertised four bedroom listing.
About The Area
1265 West 40th Street is located in 23508. There are 21,824 people living here. There are 5,942 households. Most of these households have an average family size of 3.22 people. According to the census, 52% are currently renting while 48% own their homes. The median age of this population is around 22.5 years old. On average, most folks in the zipcode are unmarried. About 11% of folks speak a language other than English in this area. The area's employment rate is currently around 48.6%. Speaking of employment, the median income is $51,267. Most folks will commute by car for around 20.3 minutes. Finally, we know that 16% of residents in the area have graduated with their high school degree. Additionally, 23% and 25% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Norfolk city, Virginia has a population of 245,724 people. Based on census records, there are 87,367 registered households. Families in this area are on average made up of 3.22 people per household. Most folks are unmarried. They are also typically around 30.2 years old. Does diversity matter to you? Right now, 10% of folks speak a language other than English here. About 57% rent while 43% purchased their homes. Right now, the community is made up of 26% of residents who have graduated with at least a high school degree. On top of that, 16% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 51.1%. Those employed, have a median income of $45,268. If you move here, you can expect to commute mostly by car for around 21.8 minutes.

Finally, let's take a look at the stats related to Virginia Beach, VA Urban Area. The urban area is home to 1,466,616 people. A total of 543,929 households are registered here. With average family sizes being listed at 3.16 people. About 25% of residents have graduated with a high school degree. Of the rest, 19% have their Bachelor's and 11% have their Master's degree. Folks speaking a language other than English, make up about 9% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 23.4 minutes. Speaking of your commute, 57.6% of people in this area are employed. The recorded median income is currently at $58,378 per year. The median population age has been listed at 34.4 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 42% of the population while homeowners are at about 58% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
004
38TH & BLUESTONE (Under 500 ft - 3 min walk)
Hampton Roads Transit (HRT)
004
38TH & BLUESTONE (540 ft - 3 min walk)
Hampton Roads Transit (HRT)
004
38TH & BOWDENS FERRY (730 ft - 3 min walk)
Hampton Roads Transit (HRT)
004
38TH & HAMPTON (760 ft - 3 min walk)
Hampton Roads Transit (HRT)
004
ELKHORN & 39TH (770 ft - 3 min walk)
Hampton Roads Transit (HRT)

Nearby Schools

(within attendance boundary)
LARCHMONT ELEM  •  0.69 mi
1145 Bolling Ave, Norfolk, VA 23508
Public  •  Elementary  •  Grades PK to 5
Norfolk City Public Schools
BLAIR MIDDLE  •  0.99 mi
730 Spotswood Ave, Norfolk, VA 23517
Public  •  Middle School  •  Grades 6 to 8
Norfolk City Public Schools
MAURY HIGH  •  1.36 mi
322 Shirley Ave, Norfolk, VA 23517
Public  •  High School  •  Grades 9 to 12
Norfolk City Public Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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