T
Seller's Agent in 2025
Taina Rodriguez
Iron Valley Real Estate Hampton Roads
(757) 645-9700
54 Total Sales
5903 Margate Ave Virginia Beach, VA 23462
3
Beds
2
Baths
1,512
Sq Ft
2,004
Sq Ft Lot
Highlights
- No HOA
- Forced Air Heating and Cooling System
- Storage Shed
- Diamond Springs Elementary School Rated A-
About This Home
As of April 2025Welcome to this well maintained, updated townhouse in Virginia Beach, boasting pride of ownership throughout! Enjoy peace of mind with a 3 year old roof, a 6 year old HVAC system and a beautifully updated kitchen perfect for modern living. This move - in ready home offers comfort and convenience. Show this one first !
Last Agent to Sell the Property
Iron Valley Real Estate Hampton Roads Listed on: 02/27/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,212
Year Built
- Built in 1976
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,512 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Assigned Parking
Schools
- Williams Elementary School
- Bayside Middle School
- Bayside High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Storage Shed
- Back Yard Fenced
Community Details
- No Home Owners Association
- Lake Edward West Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
Apr 2, 2025
Sold by
Rodriguez Echevarria Josue
Bought by
Bratcher Chekhia
Seller's Agent
Taina Rodriguez
Iron Valley Real Estate Hampton Roads
Buyer's Agent
Richard Crowe
Howard Hanna Real Estate Services
List Price
$249,900
Sold Price
$253,000
Premium/Discount to List
$3,100
1.24%
Views
89
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,062
Avg. Annual Appreciation
-1.83%
Original Mortgage
$258,439
Outstanding Balance
$257,559
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
-$6,750
Purchase Details
Closed on
Aug 16, 2022
Sold by
Al & L Development Corp
Bought by
Echevarria Josue Rodriguez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,060
Interest Rate
5.3%
Mortgage Type
VA
Purchase Details
Closed on
Jun 2, 2022
Sold by
Matzke Michael R
Bought by
All Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2003
Sold by
Prof'L Foreclosure Corp O
Bought by
Fed'L National Mtg Assoc
Purchase Details
Closed on
Jan 28, 2003
Sold by
Adamski Dandrick
Bought by
Riggs Nadine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
6.11%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $253,000 | Fidelity National Title | |
| Bargain Sale Deed | $220,000 | Chicago Title | |
| Bargain Sale Deed | $106,000 | Chicago Title | |
| Deed | $57,880 | -- | |
| Deed | $64,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $258,439 | VA | |
| Previous Owner | $225,060 | VA | |
| Previous Owner | $106,000 | New Conventional | |
| Previous Owner | $106,000 | New Conventional | |
| Previous Owner | $110,531 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $64,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Sold | $253,000 | +1.2% | $167 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $249,900 | -- | $165 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,212 | $228,000 | $60,000 | $168,000 |
| 2023 | $1,851 | $187,000 | $47,200 | $139,800 |
| 2022 | $1,472 | $148,700 | $47,200 | $101,500 |
| 2021 | $1,303 | $131,600 | $40,000 | $91,600 |
| 2020 | $1,236 | $121,500 | $37,000 | $84,500 |
| 2019 | $1,171 | $110,300 | $35,000 | $75,300 |
| 2018 | $1,106 | $110,300 | $35,000 | $75,300 |
| 2017 | $1,032 | $102,900 | $32,200 | $70,700 |
| 2016 | $1,038 | $104,800 | $32,200 | $72,600 |
| 2015 | $1,029 | $103,900 | $31,300 | $72,600 |
| 2014 | $869 | $99,100 | $33,300 | $65,800 |
Source: Public Records
Agents Affiliated with this Home
-
Taina Rodriguez
-
Edwin Rodriguez
Seller Co-Listing Agent in 2025
Edwin Rodriguez
Iron Valley Real Estate Hampton Roads
(757) 708-6231
175 Total Sales
-
Richard Crowe
Buyer's Agent in 2025
Richard Crowe
Howard Hanna Real Estate Services
(757) 524-1242
18 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10571608
APN: 1468-01-7842
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