#2517905, Tammy Lacey, Listing office: Hometown Realty
$619,000 List price
3500 Margate Dr Richmond, VA 23235
5 beds
3 full
3,038 sqft
0.9 acres
$204 / sqft
House
Property details
About 3500 Margate Dr
Welcome to 3500 Margate Drive, a spacious and versatile mid-century home boasting over 3000 square feet 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 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!
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 #2518693
Attached garage2 spaces
FireplaceMasonry, Wood Burning
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator
- Basement: Yes
- Flooring Type: Partially Carpeted, Tile, Wood
- Interior: Dining Area, Granite Counters, Bath in Primary Bedroom, Cable TV, Walk-In Closet(s)
- Fireplace: Masonry, Wood Burning
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Basement, Direct Access, Driveway, Garage, Oversized, Paved, Workshop in Garage
- Exterior: Paved Driveway
- Architectural Style: Tri-Level
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $619,000
- Price/SqFt: $203
- Annual Tax Amount: $5,220
- Tax Year: 2024
- Lot: Corner Lot
- Year Built: 1967
- Stories: 2
- Living Area: 3,038 SqFt
- Lot Size: 0.9001 Acres
- MLS Number: 2518693
- MLS Name: CVR
- Office Name: NextHome Advantage
- Office Email: info@srmfre.com
- Listing Agent: Greer Jones
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: 7/30/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $136,333. Most Richmond, VA residents have annual incomes $200k+. Typical family type is 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 Tennis
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Bloomingdales
Nordstrom
Chico's
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Lexus
BMW
Cadillac
What do the neighbors listen to?
News
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3500 Margate Dr
The listing price of 3500 Margate Dr property is $619,000.
The property 3500 Margate Dr is a house located in Richmond, Virginia, 23235.
Active Listing: 3500 Margate Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3500 Margate Dr are: J.B. Fisher Elementary School (GreatSchools Rating 2/10), Bon Air Elementary School (GreatSchools Rating 3/10), Robious Elementary School (GreatSchools Rating 5/10), Robious Middle School (GreatSchools Rating 6/10), River City Middle School (GreatSchools Rating 1/10), Lucille M. Brown Middle School (GreatSchools Rating 2/10), Huguenot High School (GreatSchools Rating 2/10), James River High School (GreatSchools Rating 5/10), Freeman High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $5,220 (source: MLS/based on county public records data).
The property at 3500 Margate Dr has 5 bedrooms and 3 bathrooms.
The property 3500 Margate Dr is 3,038 SqFt (source: MLS/tax record).
The year of construction for 3500 Margate Dr is 1967.
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: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 4, 2025 and is currently priced at $619,000.
Richmond, VA housing market in June 2025 saw over 210 listings sold above listed price, more than 99 sold at listed price and over 112 sold below. Between May and June 2025, Richmond, VA real estate market has seen increase in the number of listings by 0.6%. The median list price of listings available in June 2025 was $373,965, while the average time on the real estate market was 18 days.
From Rocket Homes Real Estate and based on county public records data.