107 Somerset Street # 102 Ocean City, MD $ 570,000
107 Somerset Street # 102
$ 570,000
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107 Somerset Street # 102

Ocean City, MD, 21842
$ 570,000
Bedrooms3 Baths2.0 Sq 1,548

Monthly Estimate*

$ 3,788

107 Somerset Street # 102, Ocean City, MD 21842 - Image 1
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Condo for sale in Ocean City, MD

for $570,000 with 3 bedrooms and 2 full baths. This 1,548 square foot condo was built in 2006.

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.

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Condo Active

Price

$ 570,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 5,018

Style

Unit/Flat

Year Built

2006

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2020594

Features
General
Interior Features Carpet Ceiling Fan(s) Combination Dining/Living Flat Floor Plan - Open Walk-in Closet(s)
Sewer Public Septic
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Settlement
Roof Metal
Appliances Built-In Microwave Built-In Range Dishwasher Dryer Icemaker Oven - Self Cleaning Refrigerator Washer Water Heater
Zoning R2
Association Fee Includes All Ground Fee Common Area Maintenance Ext Bldg Maint Pool(s)
Architectural Style Unit/Flat
Construction Materials Masonry Stick Built Vinyl Siding
Exclusions personal items
Year Built 2006
Levels 1
Unit Number 102
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name Bel Mare
Accessibility 32 + wide Doors
HOA Fee 2 2405.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities Beauty Salon Elevator Pool - Outdoor
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Route 50 to right in Ocean City on Philadelphia Ave to left on Somerset St. Building is on the right
City OCEAN CITY
Buyer Agent Compensation 2
Disclosures Prop Disclaimer Subject to Condo/HOA Docs
Senior Community Y/N N
MLS Area Ocean Block (82)
Waterfront Y/N N
Street Name SOMERSET
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 5018.0
Home Warranty Y/N N
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Y
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total 368.22
Acceptable Financing Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 13
Standard Status Active
Year Built Source Assessor
Tax Lot 102
Buyer Agent Compensation Type % Of Gross
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1548
Full Baths 2
Street Suffix STREET
Central Air Y/N N
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool Yes - Community
Water Source Public
Type of Parking Off Street
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 107
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* Excluded Features
List By
Beach Real Estate Inc

Broker

joanna@oceancitybeachproperties.com

Email

Affordability Calculator

$4,207
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$418
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3536051 Elementary School
3533416 Middle School
Stephen Decatur High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$570,000 Listed Price

Map


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107 Somerset Street # 102, Ocean City, MD, 21842 is a Condo for sale at $570,000 with 1,548 sqft. 107 Somerset Street # 102 has 3 bedrooms, 2.0 baths, and was built in 2006. The property's zip code is 21842 which is in Ocean City, MD