12408 Assawoman Dr
Ocean City, MD 21842
1 bd 1 ba 626 sqft Built 1972 condos
Most recent sale
$285,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $285,000 | MLS #MDWO2007180 |
| Apr 18, 2022 | Listed | $259,900 | MLS #MDWO2007180 |
| Jul 16, 1996 | Sold | $66,000 | Public Record |
| Jun 29, 1996 | Sold | $66,000 | BrightMLS |
| Aug 31, 1988 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $218,633 | $2,985 |
| 2024 | — | — | $218,633 | $2,520 |
| 2022 | $71,400 | $71,300 | $142,700 | $2,005 |
| 2021 | $71,400 | $71,300 | $142,700 | $2,016 |
| 2020 | $71,400 | $71,300 | $142,700 | $2,016 |
| 2019 | — | — | $138,100 | $1,964 |
| 2018 | — | — | $133,500 | $1,885 |
| 2017 | $64,500 | $64,400 | $128,900 | $1,820 |
| 2016 | $64,500 | $64,400 | $128,900 | $1,830 |
| 2015 | $64,500 | $64,400 | $128,900 | $1,836 |
| 2014 | $64,500 | $64,400 | $128,900 | $1,743 |
| 2013 | — | — | $128,900 | $1,745 |
| 2012 | — | — | $128,900 | $1,727 |
| 2011 | — | — | $172,150 | $2,065 |
| 2010 | — | — | $172,150 | $2,065 |
| 2009 | — | — | $172,150 | $1,385 |
| 2008 | — | — | $209,710 | $2,499 |
Property facts
Year built
1972
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
626 sqft
Lot size
—
ZIP code
21842
City
Ocean City
Street
Assawoman Dr
Coordinates
38.42989, -75.05386
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$939
Gross rental yield
3.95%
Implied cap rate
2.57%
Trend-extrapolated value
—
Frequently asked questions
When did 12408 Assawoman Dr last sell?
12408 Assawoman Dr most recently sold on May 23, 2022 for $285,000.
What is the current tax assessment for 12408 Assawoman Dr?
The most recent total assessment for 12408 Assawoman Dr (year 2025) is $218,633 with $2,985 in property tax.
How does 12408 Assawoman Dr's assessment compare to its last sale price?
The current assessment is 23.3% below the last sale price of $285,000.
When was 12408 Assawoman Dr built?
12408 Assawoman Dr was built in 1972.
How does 12408 Assawoman Dr compare to others on Assawoman Dr?
We track 8 other properties on Assawoman Dr. Browse the list under "Other properties on Assawoman Dr" to compare beds, baths, and sale history.
What are the property facts for 12408 Assawoman Dr?
12408 Assawoman Dr is a 1 bed, 1 bath, 626 sqft condos.
Is 12408 Assawoman Dr a flip candidate?
No — 12408 Assawoman Dr does not appear in our flips dataset.
Is 12408 Assawoman Dr a tax-appeal candidate?
No — 12408 Assawoman Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast
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Geography
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