Patterson-Schwartz Real Estate13304 Assawoman Drive #103, Ocean City, MD 21842 $465,000
Interior Sq. Ft: 967
Acreage: 0
Age:50 years
Style:
Unit/Flat
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
Here's one you've been waiting for! Recently Updated 2 Bedroom, 2 Full Bath condo in North OC, just one building off the ocean and only 88 steps from the back deck directly to the beach! This turn-key, Furnished, 1st Floor unit has been lovingly cared for and meticulously maintained - and is now ready for Spring/Summer 2024! Some recent updates include complete Remodels on both bathrooms in 2022, New LVP in 2023, fresh Paint, Tile Backsplash in kitchen and all new Furniture in January 2024. Park your beach gear in the Storage Locker just outside condo door. Assigned Parking right outside the slider doors makes this location a no-hassle getaway while offering easy walking distance to a multitude of restaurants and shopping! Only 4 blocks away is North Side Park, featuring 58 acres of public recreation area with walking paths, expansive playground area, exercise park, fishing/crabbing pier and sports fields. Condo has been fully Pre-Inspected. This building is managed by Legum & Norman and has a strong, proactive condo association. Completed Exterior improvements in the last several years include: Roof, Stairwells, Elevator and repainting Balconies. Reserve Study has been ordered and is in progress. Condo Association has anticipated the projected expenses and already built those into the 2024 Budget. Condo Fees are $1,394 Quarterly. Owners rented to family/friends but projected Gross Income as a Rental is around $30k for in-season.
Home Assoc: No
Condo Assoc: $1,393/Quarterly
Buyer Agency Comp*: 2.5 % Of Gross
Basement: N
Pool: No Pool
Elem. School: Ocean CityHigh School: Stephen Decatur
Features
Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit, Cable TV
Garage/Parking
Off Street
Interior
Ceiling Fan(s), Entry Level Bedroom, Window Treatments, Luxury Vinyl Plank Flooring, Accessibility - Level Entry - Main, Accessibility - Ramp - Main Level, Insulated Windows, Window Screens, Storm Doors
Exterior
Block Foundation, Flat Roof, Concrete Exterior, Outside Shower
Lot
Cleared Lot, Corner Lot
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
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Contact Information
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Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 4/29/2024.
