34 days on market
$200,000
5944 Margate Ave
Virginia Beach, Virginia 23462
MLS# 10621287 · LAKE EDWARD WEST · Virginia Beach VA
Updated Apr 30, 2026 · Source: REIN MLS
Est. payment
$1,235/mo
Edit below
Price / sq ft
$159
1,260 sq ft
Days on market
34
HOA
None
Year built
1977
49 yrs old
Beds
3
Full Baths
1
Half Baths
1
Sq Ft
1,260
Garage
No
Schools
- ElementaryWilliams Elementary School4/10
- MiddleBayside Middle School4/10
- 5/10
Info provided by GreatSchools
About this home
Well-maintained townhome in the heart of Virginia Beach offering flexibility for owner-occupants or investors. 2025 updates include new HVAC, fresh interior paint, LVP flooring first floor only, updated lower cabinetry, lighting, and ceiling fans. Currently tenant-occupied at $1,700/month with lease transitioning to month-to-month May 1, providing immediate income or future occupancy options. Centrally located with c…
Listed by Cara Allen · BHHS RW Towne Realty
Location & Neighborhood
Location & Street View
5944 Margate AVE, Virginia Beach
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
3
Full Baths
1
Half Baths
1
Approx Sq Ft
1,260
Stories
2
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Heat Pump
Cooling
Central Air
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$200,000
Price / Sq Ft
$159
Annual Taxes
$1,669
Monthly Tax
$139
HOA
None
Tax Rate (effective)
0.83%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 5, 2026 | $200,000 | — |
| Currently listed | — | $200,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$172,100
Land
$63,000
Improvement
$109,100
Parcel ID: 14680134930000 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Virginia Beach
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$1,235/moPrincipal & interest
$1,038
Property tax
$139
Home insurance
$58
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10621287
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$200,000
5944 Margate AVE, VIRGINIABEACH VA 23462
Virginia Beach, Virginia 23462
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