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Sold for $520,000
  • $520,000

    107 Somerset St Unit 204, Ocean City, MD 21842

    3beds
    1,598sqft
    Condominium
    Built in 2006
    -- sqft lot
    $547,900 Zestimate®
    $325/sqft
    $2,612 Estimated rent

    Home value

    $547,900

    $521,000 - $575,000

    $2,612/mo

    Zestimate® history
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    What's special

    Gas fireplacePristine conditionPrivate balconyWalk-in laundry roomFlat screen tvJetted tub
    MOTIVATED SELLER! Highly sought after and rarely offered Bel Mare condo. It has 3 bedrooms 2 huge baths in pristine condition. This former model is luxuriously and professionally furnished. All three bedrooms have their own private balcony plus there is also a balcony off the living room. Master bedroom bath has jetted tub and separate walk-in shower. Living room has flat screen TV over beautiful gas fireplace and all 3 bedrooms also have flat screen TV's. There is a large walk-in laundry room with full size side by side washer and dryer. This a fantastic location and is 1 block to boardwalk and beach, and walk to restaurants, shops, pubs, inlet, and bayside water sports. Park your car in one of two covered parking spaces when you arrive and you will never need to move it. This second floor unit accessible by elevator overlooks pool. Watch the 4th of July fireworks from one of your balconies. Each unit has separate storage space in garage. Buy this condo for your family's personal use or as an investment with this year's gross rental income of $35,000 with Sept/Oct Owner blocked. Last year was $40K. Hurry, this gorgeous condo won't last! Turn key operation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joyce Melbourne Husman 410-490-0948,

    Berkshire Hathaway HomeServices PenFed Realty - OP

    Bought with:

    Lauren Bunting, 581537

    Keller Williams Realty Delmarva

    Source: Bright MLS,MLS#: MDWO2032680MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, In Unit
    Features
    • Ceiling Fan(s), Flat, Open Floorplan
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Glass Doors
    Interior area
    • Total structure area: 1,598
    • Total interior livable area: 1,598 sqft
    • Finished area above ground: 1,598
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Pool features: Community
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410750695
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Vinyl Siding
    • Roof: Metal
    Condition
    • Excellent
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $2,875 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Elevator(s), Storage, Pool, Storage Bin
    • Services included: All Ground Fee, Common Area Maintenance, Maintenance Structure, Insurance, Management, Pool(s), Reserve Funds
    • HOA name: Mann Properties
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $375,500
    • Annual tax amount: $6,748
    • Date on market: 8/31/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Furnished (former Model)
    • Ownership: Condominium
    • Total actual rent: 35000

    Price history

    DateEventPrice
    2/20/2026Sold$520,000-8%$325/sqft
    Source: Bright MLS #MDWO2032680 Report a problem
    1/20/2026Contingent$565,000$354/sqft
    Source: Bright MLS #MDWO2032680 Report a problem
    12/15/2025Price change$565,000-4.1%$354/sqft
    Source: Bright MLS #MDWO2032680 Report a problem
    11/10/2025Price change$589,000-5.7%$369/sqft
    Source: Bright MLS #MDWO2032680 Report a problem
    10/30/2025Price change$624,900-3.9%$391/sqft
    Source: Bright MLS #MDWO2032680 Report a problem
    9/1/2025Listed for sale$650,000+8.5%$407/sqft
    Source: Bright MLS #MDWO2032680 Report a problem
    9/6/2022Listing removed$599,000$375/sqft
    Source: Bright MLS #MDWO2006734 Report a problem
    5/2/2022Listing removed--
    Source: Bright MLS #MDWO2006734 Report a problem
    3/31/2022Listed for sale$599,000+59.7%$375/sqft
    Source: Bright MLS #MDWO2006734 Report a problem
    9/2/2009Sold$375,000$235/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,748 +11.1%$492,700 +13.5%
    2024$6,076 +14.8%$434,100 +15.6%
    2023$5,293 $375,500
    2022$5,293 -0.2%$375,500
    2021$5,305 $375,500
    2020$5,305 -0.7%$375,500
    2019$5,342 +0.7%$375,500
    2018$5,304 +0%$375,500
    2017$5,302 -10.8%$375,500
    2016$5,945 $375,500
    2015$5,945 $375,500 -16.1%
    2014$5,945 $447,400
    2013-- $447,400
    2012-- $447,400 -9.7%
    2011-- $495,380
    2010-- $495,380
    2009-- $495,380
    2008-- $495,380
    2007-- --
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Worcester County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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