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12503 Assawoman Drive

12503 Assawoman Drive, Ocean City, MD 21842
Property in Worcester
12503 Assawoman Drive has been categorized by the local assessors in Ocean City, MD as a vacant type of property. The area measurement of the land has been determined as 5,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12503 Assawoman Drive was last sold in Oct 21, 2019 for $769,900. Prior to that sales transaction, the property was sold for $879,900 in Jul 16, 2019. Current property owners are expected to pay $7,035 in taxes per year. The property on 12503 Assawoman Drive was last assessed in 2019. As a result of that assessment, the total value of the property was placed at $496,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.115
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: LOT 25 BLK 5 W SIDE ASSAWOMAN DRIVE PL FENWICK

Ownership

  • Current Owner : KEPES POMERANTZ STEPHEN MICHAEL
  • Current Owner 2: KEPES POMERANTZ LESLIE
  • Previous Owner : 125TH STREET DEV OF OCEAN CITY LLC
  • Owner Before Previous Owner: 125TH ST DEVELOPMENT OF OCEAN CITY LLC

Neighborhood

  • School District Name: Worcester County Public Schools
  • Census Tract: 950300

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 117 24 6105A
  • Account Number: 349265
  • District: 10
  • Parcel: 10-349265
  • Block: 5
  • Lot: 25
  • Municipality: OCEAN CITY
  • Latitude: 38.4308
  • Longitude: -75.054

    Address

  • Full Address: 12503 Assawoman Dr
  • Address - House Number: 12503
  • Address - Street Name: Assawoman
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Ocean City
  • Carrier Code: C013
  • 4-Digit Zip Code: 2231
  • Zip Code: 21842

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $7,035
  • Tax Rate Code Area: 010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $577,425
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU OF MARYLAND
  • First Open Lien Mortgage Recording Date: Oct 24, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $577,425
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $520,000

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $496,000

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 24, 2019
  • Current Sale Transaction ID: 11670728587
  • Current Sale Price: $769,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 17, 2019
  • Previous Sale Contract Date: Jul 16, 2019
  • Previous Sale Amount: $879,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU OF MARYLAND
  • First Mortgage Transaction Date: Oct 24, 2019
  • First Mortgage Loan Amount: $577,425
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Ocean City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12503 Assawoman Drive located in?
The 12503 Assawoman Drive is a located in the neighborhood of Worcester in Ocean City, Ocean City.
What is the average sales price for listings in 12503 Assawoman Drive?
The average sales price for units in 12503 Assawoman Drive is $0 currently.

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