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107 Somerset Street #102, Ocean City, MD 21842
$570,000
107 Somerset Street #102, Ocean City, MD 21842View this property at 107 Somerset Street #102, Ocean City, MD 21842
107 Somerset Street #102Ocean CityMD21842
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Property Description
A rare find to be a part of the magic and excitement of the downtown boardwalk area, inlet, and vast open beach area. This beautiful large 1548 sf 3br/2ba unit has secured entry to the building as well as convenient access to the outdoor pool. Ceramic tiled entry leads to 2 of 3 carpeted bedrooms and tiled laundry room with full sized washer & dryer. Entering the updated kitchen area has recessed lighting, stainless steel appliances, granite counter tops and adjacent eating counter seating 4. The adjacent dining area also seats 4. The spacious carpeted living room allows for comfortable seating for 7 with 2 sofas (1 that is a sleep sofa) and an additional chair and cozy fireplace for chilly evenings. Glass sliders open to the spacious balcony. Large carpeted master bedroom has a walk-in closet and sliders accessing the large balcony. Spacious master bath features 2 sink vanity, glass enclosed shower and soaking tub. This property is a block from the boardwalk and beach, with outdoor pool, and very close to numerous restaurants and entertainment. Original owners, unit has never been rented. Rental potential in Bel Mare of $30,000. Two car assigned parking and storage locker.
Full Property Details
Full Property Details for 107 Somerset St #102
General
- Price: $570,000
- HOA FEE: $802/month
- HOA FEE FREQ.: Quarterly
- Taxes: $5,018 (2023)
- Status: Active
- Type: Condo
- MLS ID: MDWO2020594
- Updated: 5/18/2024
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Flat, Floor Plan - Open, Walk-in Closet(s)
- Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Icemaker, Oven - Self Cleaning, Refrigerator, Washer, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Beauty Salon, Elevator, Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
Parking
- Total Spaces: 2
- Parking Type: Off Street
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Bel Mare
- Driving Directions: Route 50 to right in Ocean City on Philadelphia Ave to left on Somerset St. Building is on the right
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Community
- Assoc. Fees Include: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Pool(s)
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Septic
- Water: Public
Structural Information
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Construction: Masonry, Stick Built, Vinyl Siding
- Roof: Metal
- Entry Floor Number: 1
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,548
- Sq. Ft. Source: Assessor
- Living Area: 1,548 Sq. Ft.
- Year Built: 2006
- Year Built Source: Assessor
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $368.22
- Condo Fee: $2,405
- Condo Fee Freq: Quarterly
- Assessment Year: 2023
- City/TownTax: $1,611
- City/TownTax Freq: Annually
- County Tax: $3,008
- County Tax Freq: Annually
- Tax w/Assessment: $356,000
- Tax Amount: $5,018
- Tax Year: 2023
- Tax Total Finished Sq. Ft.: 1548
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Condominium
- Condo: Yes
- Exclusions: personal items
- Lot Number: 102
Listed by Beach Real Estate Inc, Joanna Laslo
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Schools
Schools serving 107 Somerset St #102
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 1.6 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 6.7 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 5.5 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 5.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 Somerset St #102
Date
Details
Price
Change
Source
4/30/2024
Listed
$570,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 Somerset St #102
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,018
—
$356,000
—
2021
$5,031
—
$356,000
—
2021
$5,030
-1%
$356,000
—
2020
$5,064
1%
$356,000
—
2019
$5,029
—
$356,000
—
2018
$5,029
—
$356,000
—
2017
$5,054
—
$356,000
—
2016
$5,073
-3%
$356,000
-8%
2015
$5,234
—
$387,000
—
2014
$5,240
—
$387,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 Somerset St #102
107 Somerset Street #102, Ocean City, MD 21842 (MLS# MDWO2020594) is a Condo property with 3 bedrooms and 2 full bathrooms. 107 Somerset Street #102 is currently listed for $570,000 and was received on April 30, 2024. Want to learn more about 107 Somerset Street #102? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.