$689,000
- 4 Beds
- 2.5 Baths
- 2,384 Sq Ft
11523 Red Rock Ln, Bumpass, VA 23024
Elizabeth Wilson
Long & Foster REALTORS
(540) 215-8247
Frequently Asked Questions
Is Margo a good place to live?
Margo is a good place to live. Margo is considered very car-dependent and somewhat bikeable. Margo has 6 parks for recreational activities. It is sparse in population with 0.1 people per acre and a median age of 45. The average household income is $120,434 which is above the national average. College graduates make up 25.3% of residents. A majority of residents in Margo are home owners, with 12.4% of residents renting and 87.6% of residents owning their home. A local real estate agent serving Margo can help you decide if this neighborhood is the right one for you. Learn more on our Margo neighborhood guide.
How much do you need to make to afford a house in Margo?
The median home price in Margo is $510,000. If you put a 20% down payment of $102,000 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $2,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $111K a year to afford the median home price in Margo. The average household income in Margo is $120K.
What are the best public schools in Margo?
The best public schools that serve Margo are:
- Riverbend High School has an A- Niche grade, a student teacher ratio of 17:1 and an average review score of 3.7.
- Berkeley Elementary School has a B+ Niche grade and a student teacher ratio of 13:1.
- Ni River Middle School has a B+ Niche grade and a student teacher ratio of 14:1.
What are the most popular zip codes in Margo, Spotsylvania, VA?
What are the most popular neighborhoods near Margo, Spotsylvania, VA?
The most popular neighborhoods near Margo, Spotsylvania, VA are Thornburg, Spotsylvania Courthouse, Fawn Lake, Chancellorsville and Lake Wilderness.
