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109 Somerset Street # 5 B 2 Ocean City, MD $ 549,000
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$ 549,000 Get more info
109 Somerset Street # 5 B 2
$ 549,000
Back to search
Share Save

109 Somerset Street # 5 B 2

Ocean City, MD, 21842
$ 549,000
Bedrooms3 Baths2.1 Sq 1,360

Monthly Estimate*

$ 3,649

109 Somerset Street # 5 B 2, Ocean City, MD 21842 - Image 1
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109 Somerset Street # 5 B 2, Ocean City, MD 21842 - Image 8
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Condo for sale in Ocean City, MD

for $549,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,360 square foot condo was built in 2002.

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.

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Condo Contingent

Price

$ 549,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 3,239

Style

Traditional

Year Built

2002

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2020890
Features
General
Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Forced Air Heat Pump(s)
Cooling Central A/C
Utilities Cable TV Electric Available Phone Available
Possession 0-30 Days CD
Roof Asphalt
Appliances Built-In Microwave Dishwasher Disposal Dryer - Electric Exhaust Fan Icemaker Oven/Range - Electric Refrigerator Stove Washer
Exterior Features Exterior Lighting Extensive Hardscape Gutter System Outside Shower Secure Storage
Zoning C-1
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance Ext Bldg Maint Insurance Lawn Maintenance Reserve Funds
Architectural Style Traditional
Construction Materials Frame Masonry Vinyl Siding
Year Built 2002
Levels 2
Unit Number 5 B 2
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name Nowalk To The Boardwalk
Accessibility None
HOA Fee 2 1000.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities Extra Storage Reserved/Assigned Parking Storage Bin
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions Enter OC on Rt 50 bridge right on Philadelphia left on Somerset. property on right
City OCEAN CITY
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area Bayside Interior (83)
Waterfront Y/N N
Street Name SOMERSET
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 3239.0
Home Warranty Y/N N
Property Condition Very Good
Structure Type Interior Row/Townhouse
Condo/Coop Association Y/N Y
Bathrooms Full Main Level 2
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total 403.68
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N Y
Days on Market 10
Location Type Oceanside
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision EQUESTRAIN SHORES
Tax Lot 5
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Flooring Engineered Wood Carpet
Total Fireplaces 1
Fireplace Features Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1360
Full Baths 2
Half Baths 1
Street Suffix STREET
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Pool No Pool
Parking Features Paved Parking Private Under Home Parking
Water Source Public
Inclusions Fully furnished
Garage Features Covered Parking
Type of Parking Parking Garage
Foundation Details Pilings
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Horse Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 109
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* Excluded Features
List By
Berkshire Hathaway Homeservices Penfed Realty - Op

Broker

joycemelbourne@comcast.net

Email

Affordability Calculator

$3,919
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,649
Monthly Property Taxes
$270
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
3534738 Elementary School
3535750 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/11/2024$549,000 Listed Price

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109 Somerset Street # 5 B 2, Ocean City, MD, 21842 is a Condo for sale at $549,000 with 1,360 sqft. 109 Somerset Street # 5 B 2 has 3 bedrooms, 2.1 baths, and was built in 2002. The property's zip code is 21842 which is in Ocean City, MD

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