Seller's Agent in 2024
Katherine Deckenback
Keller Williams Realty Delmarva
(301) 514-4995
18 in this area
101 Total Sales
12907 Assawoman Dr Unit 3S Ocean City, MD 21842
Estimated Value: $380,537 - $401,000
2
Beds
1.5
Baths
800
Sq Ft
$233/mo
HOA Fee
Highlights
- Ocean View
- Coastal Architecture
- Central Air
- Ocean City Elementary School Rated A
- Furnished
- Dogs and Cats Allowed
About This Home
As of September 2024Don't miss the opportunity to own this exceptional 2-bedroom ocean-block condo at 12907 Assawoman Dr Unit 3S, Ocean City, MD 21842. Boasting an open concept layout and 800 sq ft of living space, this unit features bright living areas with ocean views.
Perfect for a vacation home or rental investment, this property has been successfully managed through Benchmark, bringing in over $29k in rental income in 2023. Sale of this condo is contingent upon the buyer honoring scheduled 2024 rentals, totaling over $20k in rental income. Located just steps from the beach in North Ocean City, MD, Valkyrie 3S provides convenient beach access.
Enjoy the expansive balcony with views of the ocean and cityscape along Assawoman Drive, ideal for outdoor gatherings. The bedrooms are generously sized and designed with coastal themes, ensuring comfortable accommodations.
The Master Bedroom includes a queen-sized bed and a half bathroom, bathing in natural sunlight from southern and western exposures, with views of fireworks over Northside Park just two blocks away. The second guest bedroom features two queen-sized beds and benefits from western exposure, filling the space with natural light.
The kitchen showcases granite countertops and modern stainless steel appliances. The living room seamlessly connects to the kitchen and dining area, offering easy entertaining. At night, enjoy the serene ambiance illuminated by town lights streaming into the condo.
Additional highlights include new luxury vinyl plank flooring, an updated HVAC system, a spacious laundry closet, and convenient outdoor storage for beach essentials.
This property blends comfort with a prime location, making it an ideal choice for personal enjoyment and investment in Ocean City, MD.
Last Agent to Sell the Property
(301) 514-4995 kate@thebrittsteam.com Keller Williams Realty Delmarva License #669114 Listed on: 06/14/2024
Last Buyer's Agent
(443) 386-3177 kimberly.heaney@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #641088
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,808
Year Built
- Built in 1973 | Remodeled in 2018
HOA Fees
- $233 Monthly HOA Fees
Home Design
- Coastal Architecture
- Entry on the 3rd floor
- Flat Roof Shape
- Stick Built Home
Interior Spaces
- 800 Sq Ft Home
- Property has 3 Levels
- Furnished
- Ocean Views
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 1 Parking Space
- On-Street Parking
- Parking Lot
Schools
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- 110 Volts
- Electric Water Heater
- Municipal Trash
Additional Features
- East Facing Home
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 2410157706
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds
- Low-Rise Condominium
- Valkyrie Community
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Sep 10, 2024
Sold by
Jordan Mark Alan and Gould Robin Lynn
Bought by
Koliopoulos Family Revocable Trust and Koliopoulos
Seller's Agent
Katherine Deckenback
Keller Williams Realty Delmarva
Buyer's Agent
Kimberly Heaney
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$419,900
Sold Price
$401,900
Premium/Discount to List
-$18,000
-4.29%
Views
193
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
-$12,016
Avg. Annual Appreciation
-2.72%
Purchase Details
Closed on
Nov 13, 2020
Sold by
Liu Vanessa S and Liu Jui Chieh
Bought by
Jordan Mark Alan and Gould Robin Lynn
Purchase Details
Listed on
Oct 12, 2017
Closed on
Jan 2, 2018
Sold by
Borg Edward
Bought by
Liu Jui Chieh and Liu Vanesssa S
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Michael Nolen
Coldwell Banker Realty
List Price
$239,990
Sold Price
$230,000
Premium/Discount to List
-$9,990
-4.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2024 09/10/24 | Sold | $401,900 | +0.5% | $502 / Sq Ft | |
| 08/17/2024 08/17/24 | Pending | -- | -- | -- | |
| 08/12/2024 08/12/24 | Price Changed | $399,900 | -4.8% | $500 / Sq Ft | |
| 06/14/2024 06/14/24 | For Sale | $419,900 | +82.6% | $525 / Sq Ft | |
| 01/02/2018 01/02/18 | Sold | $230,000 | -6.1% | $288 / Sq Ft | View Prior Sale |
| 11/25/2017 11/25/17 | Pending | -- | -- | -- | |
| 11/22/2017 11/22/17 | Price Changed | $244,900 | +2.0% | $306 / Sq Ft | |
| 10/13/2017 10/13/17 | For Sale | $239,990 | -- | $300 / 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
-
Katherine Deckenback
-
Kimberly Heaney
Buyer's Agent in 2024
Kimberly Heaney
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 386-3177
59 in this area
202 Total Sales
-
Jamie Caine
Seller's Agent in 2018
Jamie Caine
Coldwell Banker Realty
(410) 726-0725
172 in this area
255 Total Sales
-
Michael Nolen
Buyer's Agent in 2018
Michael Nolen
Coldwell Banker Realty
(410) 390-2032
24 in this area
30 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2021442
APN: 10-157706
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