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Sold on 10/22/2024
  • Other
  • Exterior
  • Living
  • Entry Way
  • Kitchen
  • Dining
  • Bedroom
  • Bath

111 Somerset St #2 B 1, Ocean City, MD 21842

  • $530,000

    Last sold 10/22/2024 after 164 Days

  • 3

    bed

  • 2

    bath

  • 1,198

    Sqft ($442/Sqft)

Townhouse not for sale
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About 111 Somerset St #2 B 1

Property type Townhouse
Year built 2000
HOA fee $333/month
Parking 2 garage spaces
Property description
Great downtown location. 1 block to bay, 2 blocks to Ocean. Walk to boardwalk, amusements, inlet, beach, bay water sports, restaurants, pubs, shops, festivals and more. This large 3 bedroom 2 bath townhouse was built in 2002 and has been upgraded throughout. The building has balconies, under building assigned parking for two autos, roof approximately 4 years old, and is meticulously maintained. This is a small self- managed condominium with only 6 total townhouses. This unit would be great for investors with strong rental income. 2022 gross income $36,707, 2023 gross income $35,380 and YTD bookings for 2024 $34,395. 2024 bookings must be honored. This would also make a great family property for personal use. Owners may have pets, tenants may not. Beautiful Smartcore vinyl wood plank flooring.
Listed by
Listing Agent - Joyce A Melbourne Husman
Listing Office - Berkshire Hathaway HomeServices PenFed Realty - OP
Source: Bright MLS mls logo
MLS#MDWO2020874 • last updated 1 year ago
Movoto checked Bright MLS for data 1 minute ago
Overview
Cooling/AC Central A/C, Heat Pump(s), Electric
Heating Electric
Levels/Style Traditional
Type Residential
Status Closed
SqFt 1198
County Tax 1893, Annually
City/ Town Tax 1013
Tax: Assessed Value 224000
Annual Property Tax 3158
Year Built 2000
Condition Very Good
Municipality Ocean City
New Construction (Y/N) N
Condo/ Co-Op Fee 1000, Quarterly
Foreclosure (Y/N) N
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 3
Laundry Main Floor
Appliances Built-In Microwave, Dishwasher, Disposal, Cooktop - Down Draft, Dryer - Electric, Freezer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer, Water Heater
Walls/ Ceilings Dry Wall
Accessibility Features None
Exterior
Roof Asphalt
Foundation Pilings
Assigned Parking Spaces 2
Garage Desc Covered Parking
Parking Desc Parking Garage
# Garage Spaces 2, 2
# Parking Spaces 2
Exterior Features Exterior Lighting, Gutter System, Sidewalks, Extensive Hardscape, Outside Shower
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Inclusions All Furnishings Included
HOA Amenities Other
Location
Subdivision NONE AVAILABLE
Water Source Public
Senior Community (Y/N) N
School District WORCESTER COUNTY PUBLIC SCHOOLS
Location Oceanside
Directions Cross Rt 50 Bridge Into OC Turn Right On Philadelphia Turn Left On Somerset To Condo On Right
Zoning C-1
We are not permitted to show value estimates for this property.
  • Sep 2024
    mls logo MLS # MDWO2020874
  • Sep 9, 2024 Active
    —
  • May 11, 2024 Listed
    $549,000
  • 111 Somerset St #2 B 1
    $530K
  • —
  • 21842
    $450K 0% y/y
  • Ocean City
    $450K 0% y/y
No chart available
Statistics calculated by Movoto

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10/10
Ocean City Elementary School
public Grades PK, K-4
Worcester County Public Schools
8/10
Berlin Intermediate School
public Grades 5-6
Worcester County Public Schools
10/10
Stephen Decatur Middle School
public Grades 7-8
Worcester County Public Schools
5/10
Stephen Decatur High School
public Grades 9-12
Worcester County Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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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 Movoto 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. Data last updated: 6/25/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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