$624,900

3500 Margate Dr Richmond, VA 23235

$7,421
Closing credit¹
4 beds
3 full
3,038 sqft
0.9 acres
$206 / sqft
House

Property details

About 3500 Margate Dr

Welcome to 3500 Margate Dr., spacious with over 3000 square feet and a versatile home in the heart of Bon Air! Located 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, there’s ample space for a garden, playset, or outdoor entertaining. The 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. The 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 bath—ideal for guests or in-laws—a generous 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.With its expansive layout, thoughtful updates, and unbeatable location, 3500 Margate Dr. is ready to welcome you home! Home will be ready for showings at the beginning of March. Dont skip this one!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size3,038 sqft
BasementYes
Lot size0.9001 Acres
Year built1967
ParkingAttached, Basement, Direct Access, Driveway, Garage, Oversized, Paved, Workshop in Garage
MLS #2502790
Attached garage2 spaces
FireplaceWood Burning

Summary

  • MLS Number: 2502790
  • MLS Name: CVR
  • Office Name: Shaheen Ruth Martin & Fonville
  • Office Email: info@srmfre.com
  • Listing Agent: Greer Jones

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$624,900

3500 Margate Dr

$7,421

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$435,000$5,220
2023$424,000$3,564
2022$348,000$3,564
2021$300,000$3,564
2020$297,000$3,564
2019$270,000$3,012
2018$251,000$3,012

History based on county public records data.

Nearby schools

2

J.B. Fisher Elementary School

Public District PK-5

0.2 mi

3701 Garden Rd

3

Bon Air Elementary School

Public District PK-5

1.7 mi

8701 Polk St

5

Robious Elementary School

Public District PK-5

1.8 mi

2801 Robious Crossing Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $136,333. The most common annual income of people living in Richmond, VA is $200k+. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
23%
35k-100k
31%
100k-200k
33%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
3%
Single, with Kids
42%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3500 Margate Dr

This home is located at 3500 Margate Dr in Richmond, VA and zip code 23235 in the South Side neighborhood. This 3,038 square foot home, which was built in 1967, sits on a 0.90 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $624,900.

In February 2025, from all listings sold in Richmond, VA there were more than 94 sold above asking price, over 92 sold below and more than 68 were sold right at the asked price. The number of listings in Richmond, VA increased by 9.1% between January and February 2025. In February 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $365,089.

From Rocket Homes Real Estate and based on county public records data.

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