NOT LISTED FOR SALE

12907 Assawoman Dr Unit 2S Ocean City, MD 21842

Estimated Value: $347,162 - $390,000

2 Beds
1.5 Baths
800 Sq Ft
$200/mo HOA Fee

Last Sold September 25, 2019

Last sale price $205,000 $256 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,427/month

Highlights

  • Ocean View
  • Coastal Architecture
  • Furnished
  • Ocean City Elementary School Rated A
  • Deck
  • Doors swing in

About This Home

As of September 2019

Enjoy this North OC 2 Bedroom 1 and 1/2 bath condo in a quiet neighborhood that is just 1 block back from the ocean. Southern exposure gives you warmth in the Winter and sunshine year-round. Nice, bright, open floor plan with 1 1/2 bathrooms. New flooring and paint. Plenty of storage space in the parking area and more street parking available without problems during the season. 1 owner space per unit and 2 "shared" guest spaces. These 2 guest spaces are shared amongst the owners on a first come first serve basis. Beaches are not crowded and parking is not a problem. Self-managed with no upcoming assessments. Bring your family, dogs and enjoy the beach life!

Last Agent to Sell the Property

Cynthia Jester

(410) 251-1299 cindybysea@gmail.com Beach Real Estate Inc Listed on: 11/02/2018

Co-Listed By

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Last Buyer's Agent

Kevin McDermott

(410) 294-9800 kmcdermott0702@gmail.com The KW Collective

The KW Collective

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1973

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Flat Roof Shape
  • Frame Construction

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Electric Baseboard Heater
  • 120/240V
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Doors swing in
  • East Facing Home
  • Flood Risk

Community Details

  • Low-Rise Condominium
  • Valkyrie Community

Listing and Financial Details

  • Tax Lot 6511A
  • Assessor Parcel Number 10-157471

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,814

Year Built

Built in 1973

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: some furniture that will be replaced in Nov
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Remarks Public: Enjoy this North OC 2 Bedroom 1 and 1/2 bath condo in a quiet neighborhood that is just 1 block back from the ocean. Southern exposure gives you warmth in the Winter and sunshine year-round. Nice, bright, open floor plan with 1 1/2 bathrooms. New flooring and paint. Plenty of storage space in the parking area and more street parking available without problems during the season. 1 owner space per unit and 2 "shared" guest spaces. These 2 guest spaces are shared amongst the owners on a first come first serve basis. Beaches are not crowded and parking is not a problem. Self-managed with no upcoming assessments. Bring your family, dogs and enjoy the beach life!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 268.75
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12907

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Secure Storage
  • Roof: Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2400.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: self
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2017
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5410201
  • Tax Annual Amount: 2814.00
  • Assessor Parcel Number: 10-157471
  • Tax Lot: 6511A
  • Tax Total Finished Sq Ft: 800
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 09/25/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Sep 25, 2019
Sold by
Pickett Rickey W and Pickett Jeanine M
Bought by
Reagan Kyle T and Reagan Sarah E
Seller's Agent
Cynthia Jester
Beach Real Estate Inc
Buyer's Agent
Kevin McDermott
The KW Collective
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$375,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,541
Avg. Annual Appreciation
10.49%
Original Mortgage
$184,500
Outstanding Balance
$161,299
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$214,242

Purchase Details

Closed on
Oct 1, 2002
Sold by
Mccowan John K
Bought by
Pickett Rickey W and Pickett Jeanine M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reagan Kyle T $205,000 Universal Title
Pickett Rickey W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reagan Kyle T $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $205,000 -4.7% $256 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $215,000 -4.4% $269 / Sq Ft
11/02/2018 11/02/18 For Sale $225,000 -- $281 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $2,802 $202,400 $0 $0
2024 $2,802 $200,800 $0 $0
2023 $2,800 $199,200 $99,600 $99,600
2022 $2,800 $199,200 $99,600 $99,600
2021 $2,815 $199,200 $99,600 $99,600
2020 $2,814 $199,200 $99,600 $99,600
2019 $2,834 $199,200 $99,600 $99,600
2018 $2,806 $199,200 $99,600 $99,600
2017 $2,707 $199,200 $0 $0
2016 -- $190,667 $0 $0
2015 $2,573 $182,133 $0 $0
2014 $2,573 $173,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO100138

Bright MLS

APN: 10-157471