107 Somerset Street #102, Ocean City, MD 21842-4136 $545,000

Beds/Baths: 3/2
Interior Sq. Ft: 1,548
Acreage:
Age:18 years
Style:
Unit/Flat
MLS#: MDWO2020594
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment

Description

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. Police Substation being constructed opposite Bel Mare. Depiction of new building included in photos

Taxes: $5,741
Home Assoc: No
Condo Assoc: $2,525/Quarterly
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools
Elem. School: Ocean City Mid. School: Stephen Decatur High School: Stephen Decatur

Features

Utilities
Heat Pump(s), Electric, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Septic

Garage/Parking
Off Street

Interior
Carpet, Ceiling Fan(s), Combination Dining/Living, Flat, Floor Plan - Open, Walk-in Closet(s), Accessibility - 32"+ wide Doors

Exterior
Metal Roof, Masonry, Stick Built Exterior, Vinyl Siding

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Ocean City Elementary Worcester County Public Schools Preschool–4 Ocean City 1.63 mi

Private (1 schools)

School Grades Place Distance
Seaside Christian Academy Christian (no specific denomination) Preschool–12 Ocean City 1.45 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $46,876

Community Summary

  • Population Density (ppl / mile): 683
  • Household Size (ppl): 2.04
  • Households w/ Children: 22%

Housing Inventory

  • Owned: 3,625 (11.1%)
  • Rented: 1,559 (4.8%)
  • Vacant: 27,482 (84.1%)
  • Total: 32,666

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,655
Households: 5,184
Median Age: 52.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 2.8%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 22.0%
  • Associate Degree: 8.5%
  • Bachelor's Degree: 21.3%
  • Graduate Degree: 10.9%

Income by dollar range

Median Income: $55,064

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $713
  • One Bedroom: $830
  • Two Bedroom: $1,105
  • Three Bedroom: $1,412
  • Four Bedroom: $3,501

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Beach Real Estate Inc , (410) 629-0224, joanna@oceancitybeachproperties.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/23/2024.

107 Somerset Street #102, Ocean City, MD 21842-4136

Share on Facebook
Share on X
Pin It
Copy Link
Email It

Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.