109 Somerset Street, Unit 5 B 2
109 Somerset Street, Unit 5 B 2
Ocean City, MD 21842
$549,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,360 Sq. Ft.
$404 / Sq. Ft.
1,360
Sq. Ft.
$404
per Sq. Ft.
Active Under Contract
Active Under Contract
Description
Very large townhouse with 2 bedroom 2.5 baths in desirable downtown location. Walk to beach, boardwalk, amusements, inlet, bayside water sports, festivals, restaurants, pubs, shops and more. Just 2 blocks to boardwalk and 1 block to bay, you will not need to move your car once you arrive. There is under unit 2 car assigned parking, outside shower and outside storage unit. This is a small 6 unit condominium which is self managed. Unit has newly installed Smartcore vinyl plank engineered wood flooring...Very large townhouse with 2 bedroom 2.5 baths in desirable downtown location. Walk to beach, boardwalk, amusements, inlet, bayside water sports, festivals, restaurants, pubs, shops and more. Just 2 blocks to boardwalk and 1 block to bay, you will not need to move your car once you arrive. There is under unit 2 car assigned parking, outside shower and outside storage unit. This is a small 6 unit condominium which is self managed. Unit has newly installed Smartcore vinyl plank engineered wood flooring on the 1st floor. All furnishings convey. This could be a turnkey rental property with strong rental history. 2022 $41,191 gross income, 2023 $35,357 gross income and YTD bookings 2024 $27,417. 2024 rentals must be honored. Roof is approximately 4 years old and building exterior is very well maintained.
- Listed by Joyce A Melbourne Husman • Berkshire Hathaway HomeServices PenFed Realty - OPP: 4104900948 joycemelbourne@comcast.net
Property Details for 109 Somerset Street, Unit 5 B 2
Tax ID Number
2410410118
OwnershipCondominium
Condo Coop AssociationYes
HOANo
Entry Floor Number1
Structure TypeInterior Row/Townhouse
StyleTraditional
Levels/Stories2
Location
Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
Add your commute
LISTING UPDATED: 05/20/2024 12:19 AM
Property Details for 109 Somerset Street, Unit 5 B 2
| Status | Active Under Contract |
|---|---|
| MLS # | MDWO2020890 |
| Days on Market | 10 |
| Taxes | $3,239 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $1,000 / quarter |
| Compass Type | Condo |
| MLS Type | Residential / Condo |
| Year Built | 2002 |
| County | Worcester County |
Location
Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
Add your commute
Building Information for 109 Somerset Street, Unit 5 B 2
Building/ComplexNowalk To The BoardwalkFloor-Stories2Residences-Pet Policy-Year Built2002
Payment Calculator
$3,599 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,996
Property Taxes
$270
HOA Dues
$333
The Payment Calculator is for illustrative purposes only.
Property Information for 109 Somerset Street, Unit 5 B 2
Location
Location
- In City Limits: Yes
- School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
- School District County ID: 121138066543
- SchoolDistrictSource: Listing Agent
- County: WORCESTER
- MLS Area: Bayside Interior (83)
- OC Cross Street: 0
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
- Condo Coop Name: Nowalk to the Boardwalk
- HOA Condo Coop Mgmt Type: Owner/Self-Management
- HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Reserve Funds
- HOA Condo Coop Amenities: Extra Storage, Reserved/Assigned Parking, Storage Bin
- Property Manager Y/N: No
- Senior Community: No
- Association Recreation Fee Y/N: No
- Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $229,800
- Year Assessed: 2023
- County Tax: $1,942
- Improvement Assessed Value: $0
- City Town Tax: $1,040
- Land Assessed Value: $0
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: U
- Zoning: C-1
- Tax Lot: 5
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
- Pets Allowed: No
Rooms
Main
- # Bedrooms Count Main Level: 3
- # Bathrooms Count Main Level: 3
- # Bathrooms Full Main Level: 2
- # Bathrooms Half Main Level: 1
Rooms
- Stories: Main
Building Info
Building Info
- Total Finished SQFT: 1,360.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,360.00
- Total SQFT: 1,360.00
- Total SQFT Source: Assessor
- Floors In Unit Count: 2
- Construction Materials: Frame, Masonry, Vinyl Siding
- Roof: Asphalt
- Wall and Ceiling Types: Dry Wall
- Flooring Type: Engineered Wood, Carpet
- Foundation Details: Pilings
- Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Half-Main Level-1
- # Bathrooms Full: 2
- # Bathrooms Half: 1
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Location Type: Oceanside
- Parcel ID: 5431108
- Ground Rent Exists: No
Parking
Parking
- Type Of Parking: Parking Garage
- Parking Garage - # of Spaces: 2
- Total Garage Spaces: 2
- Parking Features: Paved Parking, Private, Under Home Parking
- Garage Features: Covered Parking
Interior Features
Interior Features
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Fireplaces Count: 1
- Fireplace Features: Electric
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stove, Washer
- Accessibility Features: None
- Laundry Type: Main Floor
Exterior Features
Exterior Features
- Exterior Features: Exterior Lighting, Extensive Hardscape, Gutter System, Outside Shower, Secure Storage
- Pool: No Pool
- Horse: No
Utilities
Utilities
- Utilities: Cable TV, Electric Available, Phone Available
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump(s)
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Coastal Association of REALTORS (MD)
Property History for 109 Somerset Street, Unit 5 B 2
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 109 Somerset Street, Unit 5 B 2
Taxable ValueLand$114,900Additions$114,900Total$229,800
Tax Record2023$3,239 ($270 / month)
Home Facts
Beds0Baths1.5Total Finished SqFt1,360 SqFtAbove Grade Finished SqFt1,360 SqFtLot Size2,425 SqFtStyleCondominiumYear Built2002ZoningC-1CountyWORCESTERAPN10-410118
Schools near 109 Somerset Street, Unit 5 B 2
This home is within Worcester County Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ocean City Elementary School PublicPK to 4 | ||
Berlin Intermediate School Public5 to 6 | ||
Stephen Decatur Middle School Public7 to 8 | ||
Stephen Decatur High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
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