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$570,000   Price Analysis
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107 Somerset St Unit 102
Ocean 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

A rare find to be a part of the magic and excitement of the downtown boardwalk area

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

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Carpet
Ceiling Fan(s)
Combination Dining/Living
Flat
Floor Plan - Open
Walk-in Closet(s)

Built-In Microwave
Built-In Range
Dishwasher
Dryer
Icemaker
Oven - Self Cleaning
Refrigerator
Washer
Water Heater
Washer Dryer Hookup: Yes

Cooling Features: Heat Pump(s)
Heating Features: Heat Pump(s)
Heating: Yes

Off Street Parking: 2
Parking Features: Off Street
Parking Total: 2

Association: No
Association Fee: 802
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 802

Elementary School: OCEAN CITY
High School: STEPHEN DECATUR
Middle School: STEPHEN DECATUR
School District: WORCESTER COUNTY PUBLIC SCHOOLS

Ocean City Elementary School is a public elementary school located approximately 1.6 miles away.
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Stephen Decatur Middle School is a public middle school located approximately 5.6 miles away.
directions icon Map directions

Stephen Decatur High School is a public high school located approximately 5.6 miles away.
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Seaside Christian Academy is a private elementary and middle school located approximately 0.8 miles away.
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Municipality: Ocean City
Annual Tax Amount: 5018.0
Source Listing Status: Active
County: WORCESTER
Disclaimer: Standard
Ownership: Condominium
Source Property Type: Residential
Area: WORCESTER
Property Subtype: condo
Postal Code Plus 4: 4136
Source System Name: C2C

YearAssessments
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

Listed 2024-04-30
$570,000
BrightMLS
Sold 2007-01-30
$469,900
Public Record

Total Square Feet Living: 1548
Year Built: 2006
Above Grade Finished Area: 1548
Building Name: Bel Mare
Construction Materials: Masonry, Stick Built, Vinyl Siding
Property Age: 18
Levels or Stories: 1
Structure Type: Unit/Flat/Apartment
House Style: Unit/Flat
Total Area Sqft: 1548

32"+ wide Doors
Click Thumbnail Images To View Full Size
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kitchendining_roomkitchenkitchenlaundry_room
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bathroombedroombedroombedroombathroom
bedroombedroombedroomunknownhouse_view
unknownroad_viewpoolhouse_viewhouse_view

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.