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$489,999

Listing Price

5beds

3baths

3,038sqft

39,204sqft lot

3500 Margate Dr, Richmond, VA 23235

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

161.07

Price / sqft

1967

Year built

Home Details

Welcome to 3500 Margate Drive, a spacious and versatile mid-century home boasting over 3000 square feet in the heart of Bon Air!nLocated within walking distance of top-rated schools and nestled behind popular shopping and dining spots, this home is perfect for multigenerational living. Situated on a large corner lot, theres ample space for a garden, playset, or outdoor entertaining.nThe main level boasts a bright and airy formal living room with a picturesque window, a formal dining room, and a beautifully renovated kitchen. The primary suite features a cozy sitting area, a walk-in closet, and an updated en-suite bathroom with a stand-up shower.nThe lower level offers incredible flexibility with a spacious family room featuring a wood-burning fireplace and a large window overlooking the backyard. Additionally, this level includes a bedroom and full bathideal for guests or in-lawsa generously sized laundry room, and a mudroom that could be customized into a stylish coat and shoe area. A standout feature is the private third-floor bonus room, which includes a closet and offers endless possibilities as a bedroom, office, or recreation space. This home also features original hardwood floors and a large attached garage with plenty of storage and shelving. With its expansive layout, thoughtful updates, and unbeatable location, 3500 Margate Dr. is ready to welcome you home!

Interior Details

Square Feet
  • 3038

Bedrooms
  • 5

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 39204

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Basement

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 3

Style
  • Other

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,564

$55,000

$245,000

--%

$300,000

2020

$3,564

$55,000

$242,000

--%

$297,000

2018

$3,012

$55,000

$215,000

--%

$270,000

2018

$3,012

$55,000

$196,000

--%

$251,000

2017

$3,000

$55,000

$195,000

--%

$250,000

2014

$2,868

$48,000

$191,000

--%

$239,000

2014

$2,868

$48,000

$191,000

--%

$239,000

2013

$3,216

$48,000

$191,000

--%

$239,000

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Average Home Price in 23235

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4 Beds

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-- Beds

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Sold 10/06/2026

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4 Beds

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Sold 10/06/2026

$586,000

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Sold 07/10/2025

$899,000

6 Beds

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
489,999
$
Down payment
97,999.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,939.99
$
HOA (Monthly)
0
$
PMI
0
$
$3,172
Your Payment
Total Monthly Payment:$3,172
Percent of Income:54%
Affordable:No

Details for 3500 MARGATE DR

Property Debt

Foreclosure Contact Details