Seller's Agent in 2020
Michael Nolen
Coldwell Banker Realty
(410) 390-2032
24 in this area
30 Total Sales
12907 Assawoman Dr Unit 3S, VALKYRIE Ocean City, MD 21842
Estimated Value: $380,537 - $401,000
2
Beds
1.5
Baths
800
Sq Ft
$200/mo
HOA Fee
Highlights
- Ocean View
- Building is oceanfront but unit may not have water views
- Coastal Architecture
- Ocean City Elementary School Rated A
- Open Floorplan
- Bathtub with Shower
About This Home
As of November 2020Don't miss your chance to own this amazing unique & renovated 2 bedroom oceanblock condo with open concept floor plan boosts bright living spaces with southern exposure and views of the ocean. VACATION RENTAL INVESTMENT: Your opportunity for vacation rental investing is here and it generated $28,000+/- in 2020/2019 as a self managed VRBO, Expedia vacation rental! The STEPS TO THE BEACH: Valkyrie 3S is located in North Ocean City, MD just steps to the beach! Drone photos show you where the building is positioned and the beach access is located directly across the street. SPACIOUS BALCONY WITH OCEAN AND CITYSCAPE VIEWS: Enjoy the large spacious balcony while view the ocean and beach and straight down Assawoman Drive. The views provide a relaxing space for outdoor entertainment. Functional spacious bedrooms give you plenty of sleeping arrangements! The bedrooms have been redesigned for guest comfort and with coastal inspired designs. MASTER BEDROOM: The Master Bedroom has space for a queen sized bed and a 1/2 bathroom. Enjoy natural sunlight from the southern and western exposure and fireworks over northside park located just 2 blocks away. 2ND GUEST BEDROOM: 2nd bedroom has space for two queen sized beds and has natural sunlight from western exposure. RENOVATED KITCHEN: The renovated kitchen features granite countertops and updated stainless appliances. Enjoy relaxing in the spacious living room that flows into the kitchen and dining area. 180 DEGREE VIEWS IN THE LIVING, DINING, KITCHEN: The natural sunlight from southern and eastern exposure brightens the room. At night, lights from the town glow into the condo creating a relaxing unique atmosphere. NEW FLOORINGThe luxury vinyl plank floor is easy to maintain and great for the beach lifestyle. This unit has a newer HVAC, spacious laundry closet, and outside storage for beach gear under the building..
Last Agent to Sell the Property
(410) 390-2032 michael@myrealestatespot.com Coldwell Banker Realty License #642353 Listed on: 10/14/2020
Last Buyer's Agent
(301) 514-4995 kate@thebrittsteam.com Keller Williams Realty Delmarva License #669114
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,814
Year Built
- Built in 1973 | Remodeled in 2019
Lot Details
- Building is oceanfront but unit may not have water views
- East Facing Home
- Property is in excellent condition
HOA Fees
- $200 Monthly HOA Fees
Parking
- 2 Off-Street Spaces
Property Views
- Ocean
- City
Home Design
- Coastal Architecture
- Entry on the 3rd floor
- Flat Roof Shape
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 800 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Double Hung Windows
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Heat Pump System
- Back Up Electric Heat Pump System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 3S
- Assessor Parcel Number 10-157706
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds
- Low-Rise Condominium
- Valkyrie Condo Association Condos
- Valkyrie Community
Amenities
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 10, 2024
Sold by
Jordan Mark Alan and Gould Robin Lynn
Bought by
Koliopoulos Family Revocable Trust and Koliopoulos
Current Estimated Value
Purchase Details
Listed on
Oct 14, 2020
Closed on
Nov 13, 2020
Sold by
Liu Vanessa S and Liu Jui Chieh
Bought by
Jordan Mark Alan and Gould Robin Lynn
Seller's Agent
Michael Nolen
Coldwell Banker Realty
Buyer's Agent
Katherine Deckenback
Keller Williams Realty Delmarva
List Price
$298,000
Sold Price
$302,500
Premium/Discount to List
$4,500
1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Purchase Details
Closed on
Jan 2, 2018
Sold by
Borg Edward
Bought by
Liu Jui Chieh and Liu Vanesssa S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2008
Sold by
Wheelock Herbert C and Wheelock Pamela L
Bought by
Edward Borg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 11, 2008
Sold by
Wheelock Herbert C and Wheelock Pamela L
Bought by
Edward Borg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 1984
Sold by
Rummelt Bruce J
Bought by
Wheelock Herbert C and Wheelock Pamela L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
13.67%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koliopoulos Family Revocable Trust | $401,900 | Capitol Title | |
| Jordan Mark Alan | $302,500 | Community Settlements & Escr | |
| Liu Jui Chieh | $230,000 | None Available | |
| Edward Borg | $260,000 | -- | |
| Edward Borg | $260,000 | -- | |
| Wheelock Herbert C | $57,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Liu Jui Chieh | $184,000 | |
| Previous Owner | Edward Borg | $160,000 | |
| Previous Owner | Edward Borg | $160,000 | |
| Previous Owner | Wheelock Herbert C | $51,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2020 11/13/20 | Sold | $302,500 | +1.5% | $378 / Sq Ft |
| 10/25/2020 10/25/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | For Sale | $298,000 | 0.0% | $373 / Sq Ft |
| 10/15/2020 10/15/20 | Pending | -- | -- | -- |
| 10/14/2020 10/14/20 | For Sale | $298,000 | -- | $373 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2025 | $2,802 | $202,400 | $0 | $0 |
| 2024 | $2,802 | $200,800 | $0 | $0 |
| 2023 | $2,808 | $199,200 | $99,600 | $99,600 |
| 2022 | $2,799 | $199,200 | $99,600 | $99,600 |
| 2021 | $2,815 | $199,200 | $99,600 | $99,600 |
| 2020 | $2,834 | $199,200 | $99,600 | $99,600 |
| 2019 | $2,834 | $199,200 | $99,600 | $99,600 |
| 2018 | $2,813 | $199,200 | $99,600 | $99,600 |
| 2017 | $2,707 | $199,200 | $0 | $0 |
| 2016 | -- | $190,667 | $0 | $0 |
| 2015 | -- | $182,133 | $0 | $0 |
| 2014 | $2,573 | $173,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Nolen
-
Katherine Deckenback
Buyer's Agent in 2020
Katherine Deckenback
Keller Williams Realty Delmarva
(301) 514-4995
18 in this area
101 Total Sales
-
Lauren Hudson
Buyer Co-Listing Agent in 2020
Lauren Hudson
Keller Williams Realty Delmarva
(302) 524-2006
46 in this area
116 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO117638
APN: 10-157706
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