Sold

$200,000

5944 Margate Ave, Virginia Beach, VA 23462

3beds

1,260sqft

Townhouse

Built in 1977

2,208 Square Feet Lot

$201,600 Zestimate^®

$159/sqft

$1,937 Estimated rent

Home value

$201,600

$190,000 - $216,000

$1,937/mo

Zestimate^® history

Owner options

List your home for rent

$1,937/mo

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$1,937/mo

Rent Zestimate^®

Refinance and save

$974/mo

Est. payment

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$974/mo

Est. payment

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What's special

Updated lower cabinetryWell-maintained townhomeFresh interior paint

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 convenient access to interstates, shopping, dining, and entertainment. Excellent military accessibility, approximately 20/25 minutes to NAS Oceana and 15/20 minutes to JEB Little Creek - Fort Story. Seller is open to carpet concessions with the acceptable offer. A solid opportunity in an established area with strong rental demand an dcommuter appeal. Price reflects condition and needed repairs

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Utility room

Level: First

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Electric Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Flooring: Carpet, Laminate/LVP
Has fireplace: No

Interior area

Total interior livable area: 1,260 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Space, Driveway, On Street
Has uncovered spaces: Yes

Features

Stories: 2
Pool features: None
Fencing: Back Yard,Fenced
Waterfront features: Not Waterfront

Lot

Size: 2,208 Square Feet

Details

Parcel number: 14680134930000
Zoning: A18

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Brick, Vinyl Siding
Foundation: Slab
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1977

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Lake Edward West

HOA

Has HOA: No

Location

Region: Virginia Beach

Financial & listing details

Price per square foot: $159/sqft
Tax assessed value: $172,100
Annual tax amount: $1,669
Date on market: 2/27/2026

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$1,669 +3.3%	$172,100 +5.4%
2024	$1,617 +22.7%	$163,300 +22.7%
2023	$1,318 -2.7%	$133,100 -2.7%
2022	$1,354 +16.4%	$136,800 +16.4%
2021	$1,163 -3.2%	$117,500 +8.3%
2020	$1,202 +18.7%	$108,500 +7.4%
2019	$1,013	$101,000
2018	$1,013 +9.2%	$101,000 +9.2%
2017	$927 -2.2%	$92,500 -3.4%
2016	$948 +2.8%	$95,800 +2.8%
2015	$923	$93,200 +4.5%
2014	$923	$89,200 +6.4%
2013	--	$83,800
2012	--	$83,800 -13.9%
2011	--	$97,300 -13.7%
2010	--	$112,700 +2.5%
2007	--	$110,004 +38.1%
2006	--	$79,684 +22.3%
2005	--	$65,164 +9.7%
2004	--	$59,384 +6.3%
2003	--	$55,864 +4.7%
2002	--	$53,344 +21.1%
2001	--	$44,044