2 Dorchester Street, Unit 809

Ocean City, MD 21842

$732,900
Last Sold Price
3
Beds
2
Baths
1
1/2 Bath
1,472 Sq. Ft.
$498 / Sq. Ft.
1,472
Sq. Ft.
$498
per Sq. Ft.

Description

Prime downtown location! Great investment opportunity! Ocean front building located on the boardwalk - one of the highest rental income producing buildings in town! This absolutely pristine 8th floor 3 bedroom 2.5 bath unit has it all, open floor plan, expansive ocean and bay views from every room, spacious balcony that can be accessed from the living area and all 3 bedrooms, gas fire place, gourmet kitchen with ss appliances, granite kitchen countertops. Every bedroom has access to a full bathroom....Prime downtown location! Great investment opportunity! Ocean front building located on the boardwalk - one of the highest rental income producing buildings in town! This absolutely pristine 8th floor 3 bedroom 2.5 bath unit has it all, open floor plan, expansive ocean and bay views from every room, spacious balcony that can be accessed from the living area and all 3 bedrooms, gas fire place, gourmet kitchen with ss appliances, granite kitchen countertops. Every bedroom has access to a full bathroom. Secure building with 2 elevators, gated parking garage, two assigned parking spaces, secure owners storage area, huge southern exposed outdoor community pool, community picnic area, putting green, sauna, exercise room, and owners meeting room. Very well managed condo association. Buyers must honor existing rentals. Don't wait! This one wont last long.
  1. Listed by Celeste Dodson • Berkshire Hathaway HomeService PenFed Realty - WOC
    P: 4432353834 ceyainoc@comcast.net

Property Details for 2 Dorchester Street, Unit 809

Tax ID Number
10-758068
Ownership
Fee Simple
Condo Coop Association
Yes
HOA
No
Entry Floor Number
8
Structure Type
Unit/Flat/Apartment
Style
Other
Levels/Stories
1

Location

Listing Courtesy of Berkshire Hathaway HomeService PenFed Realty - WOC

Sold By Berkshire Hathaway HomeServices PenFed Realty

Add your commute
LISTING UPDATED: 08/24/2022 09:16 PM

Property Details for 2 Dorchester Street, Unit 809

StatusClosed
MLS #MDWO119160
Days on Market145
Taxes$7,799 / year
HOA Fees-
Condo/Co-op Fees$2,066 / quarter
Compass TypeCondo
MLS TypeResidential / Fee Simple
Year Built2007
CountyWorcester County

Building

Belmont Towers

95 Units7 StoriesBuilt in 2007

Location

Listing Courtesy of Berkshire Hathaway HomeService PenFed Realty - WOC

Sold By Berkshire Hathaway HomeServices PenFed Realty

Add your commute

Building Information for 2 Dorchester Street, Unit 809

Building/ComplexBelmont TowersFloor-Stories7Residences95Pet Policy-Year Built2007

Payment Calculator

$5,338 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,000

Property Taxes

$650

HOA Dues

$689

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Dorchester Street, Unit 809

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: 3rd Party
  • Elementary School: OCEAN CITY (WORCESTER MD)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: STEPHEN DECATUR (WORCESTER MD)
  • MiddleSchoolSource: 3rd Party
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • HighSchoolSource: 3rd Party
  • County: WORCESTER
  • MLS Area: Oceanfront Indirect View (81)
  • OC Cross Street: 0
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: No
  • Water Body Type: Ocean
  • Distance To Body Of Water Units: Feet
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Water
  • HOA Condo Coop Amenities: Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Pool - Outdoor, Putting Green, Sauna, Security
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $552,000
  • Year Assessed: 2020
  • County Tax: $4,664
  • Improvement Assessed Value: $0
  • City Town Tax: $2,517
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 012
  • Loss Mitigation Fee: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RESIDENTIAL
  • Tax Lot: 809
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $12,600
  • Concession Remarks: Price reduced from $749,000 to $732,900 with $12,600 Seller Concession due to appraisal negotiations
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
  • Building Units Total: 0
  • Total Finished SQFT: 1,472.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 1,472.00
  • Total SQFT: 1,472.00
  • Total SQFT Source: Assessor
  • Elevators Count: 2
  • Main Entrance Orientation: West
  • Construction Materials: Stucco
  • Roof: Metal
  • Wall and Ceiling Types: Dry Wall
  • Common Walls: 2+ Common Walls
  • 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 Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanfront
  • Parcel ID: 5436482
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Garage
  • Parking Garage - # of Spaces: 2
  • Total Garage Spaces: 2
  • Number of Assigned Spaces: 2
  • Assigned Parking Space Number(s): 809
  • Parking Features: Attendant, Assigned
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Front Entry
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Flat, Floor Plan - Open, Kitchen - Gourmet, Tub Shower, Upgraded Countertops, Window Treatments
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater, Washer/Dryer Stacked
  • Accessibility Features: None
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Exterior Lighting, Fire Escape, Outside Shower, Secure Storage
  • Pool: Yes - Community
  • Community Pool Features: In Ground
  • Horse: No
Utilities
Utilities
  • Utilities: Cable TV, Phone Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 2 Dorchester Street, Unit 809

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Dorchester Street, Unit 809

Taxable ValueLand$276,000Additions$276,000Total$552,000
Tax Record2023$7,781 ($648 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt1,472 SqFtAbove Grade Finished SqFt1,472 SqFtStyleCondominiumYear Built2007CountyWORCESTERAPN10-758068

Schools near 2 Dorchester Street, Unit 809

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway HomeService PenFed Realty - WOC

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/24/2022 09:16 PM