$2,731 Closing Credit¹
#10580528, Drick Ward, Listing Office: Neptune Realty
$210,000 List price
5918 Margate Ave Virginia Beach, VA 23462
$2,494
Closing credit¹
3 beds
1 full, 1 partial
1,260 sqft
0.05 acres
$167 / sqft
Townhouse
Property details
About 5918 Margate Ave
Opportunity knocks! This 3-bedroom, 1.5-bath townhome is full of potential and ready for your personal touch. Freshly painted throughout, this home offers a canvas for your renovation ideas. Ideal for investors or buyers looking to build equity, the property features a functional layout, a spacious living area, and a private backyard. Conveniently located near schools, bases, shopping, and major highways, this home is being sold "as is". Don’t miss this chance to make it your own or add to your investment portfolio!
Highlights
Home typeTownhouse
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,260 sqft
BasementYes
Lot size0.0507 Acres
Year built1976
ParkingLot, Off Street
MLS #10582312
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
- Basement: Yes
- Flooring Type: Laminate/LVP
- Interior: Scuttle Access, Window Treatments
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: Lot, Off Street
- Exterior: Storage Shed
- Architectural Style: Townhouse, Traditional
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $210,000
- Price/SqFt: $166
- Annual Tax Amount: $1,616
- Tax Year: 2024
- Year Built: 1976
- Stories: 2
- Living Area: 1,260 SqFt
- Lot Size: 0.0507 Acres
- MLS Number: 10582312
- Office Name: Select Realty Inc.
- Listing Agent: Kerry Summs
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$210,000
5918 Margate Ave
$2,494
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 | $163,300 | $1,616 |
| 2023 | $133,100 | $1,317 |
| 2022 | $133,100 | $1,317 |
| 2021 | $117,500 | $1,163 |
| 2020 | $108,500 | $1,104 |
| 2019 | $99,300 | $995 |
| 2018 | $99,300 | $927 |
| 2017 | $92,500 | $927 |
History based on county public records data.
Nearby schools
3
Williams Elementary School
Public District 4-5
1.1 mi
•892 Newtown Rd
3
Newtown Elementary School
Public District 2-3
1.3 mi
•5277 Learning Cir
2
Point O'View Elementary School
Public District PK-5
1.8 mi
•5400 Parliament 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 $41,331. The majority of Virginia Beach, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
40%
<35k
52%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
36%
Single, with Kids
9%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
52%
18-34 yrs old
21%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Mexican League Soccer
Where do the neighbors shop?
Express/Express For Men
Forever 21
Books-a-Million
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Church's Chicken
What do the neighbors drive?
Pontiac
Mazda
Toyota
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5918 Margate Ave
The listing price of 5918 Margate Ave property is $210,000.
The property 5918 Margate Ave is a townhouse located in Virginia Beach, Virginia, 23462.
Active Listing: 5918 Margate Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5918 Margate Ave are: Williams Elementary School (GreatSchools Rating 3/10), Newtown Elementary School (GreatSchools Rating 3/10), Point O'View Elementary School (GreatSchools Rating 2/10), Lake Taylor School (GreatSchools Rating 3/10), Bayside Middle School (GreatSchools Rating 5/10), Bayside 6th Grade Campus (GreatSchools Rating 6/10), Lake Taylor High School (GreatSchools Rating 3/10), Bayside High School (GreatSchools Rating 5/10), Kempsville High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $1,616 (source: MLS/based on county public records data).
The property at 5918 Margate Ave has 3 bedrooms and 1 full and 1 half bathrooms.
The property 5918 Margate Ave is 1,260 SqFt (source: MLS/tax record).
The year of construction for 5918 Margate Ave is 1976.
This home is located at 5918 Margate Ave in Virginia Beach, VA and zip code 23462 in the North West neighborhood. This 1,260 square foot home, which was built in 1976, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $210,000.
While more than 2 listings in Virginia Beach, VA in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The inventory of homes for sale in Virginia Beach, VA between March and April 2025 increased by 15.6%. In April 2025 median list price was $239,850 and the average listing age was 24 days.
From Rocket Homes Real Estate and based on county public records data.