$570,000 Price Analysis 107 Somerset St Unit 102Ocean City, MD 21842 3 bed 2 bath 1,548 SqFt ($368/SqFt) Built 2006 Listed 2024-04-30, HOA $802, Taxes $5,003 | Ⓧ USDA Ineligible due to location near Ocean City |
Inlet and vast open beach area. This charming 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 and 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 vast 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 close to numerous resturants and entertainment. Original owners, unit has never been rented. Rental potential in Bel Mare of $30, 000. Two car assigned parking and storage locker. Police Substation being construct ed opposite Bel Mare. Depiction of new building included in photos
Presented by JOANNA LASLO at
Beach Real Estate Inc.
Property MLS #MDWO2020594 from BrightMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $178,000 + $178,000 $356,000 | $5,003 |
2021 | $178,000 + $178,000 $356,000 | $5,030 |
2020 | $178,000 + $178,000 $356,000 | $5,029 |
2019 | $178,000 + $178,000 $356,000 | $5,064 |
2018 | $178,000 + $178,000 $356,000 | $5,028 |
2017 | $178,000 + $178,000 $356,000 | $5,028 |
2016 | $178,000 + $178,000 $356,000 | $5,054 |
2015 | $178,000 + $178,000 $356,000 | $5,073 |
2014 | $193,500 + $193,500 $387,000 | $5,233 |
2013 | $unknown + $unknown $387,000 | $5,239 |
2012 | $unknown + $unknown $387,000 | $5,187 |
2011 | $unknown + $unknown $428,790 | $5,145 |
2010 | $unknown + $unknown $428,790 | $5,145 |
2009 | $unknown + $unknown $428,790 | $3,451 |
2008 | $unknown + $unknown $428,790 | $5,111 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.