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Sold for $625,000
  • $625,000

    107 Somerset St Unit 301, Ocean City, MD 21842

    3beds
    1,598sqft
    Condominium
    Built in 2006
    -- sqft lot
    $628,300 Zestimate®
    $391/sqft
    $2,668 Estimated rent

    Home value

    $628,300

    $559,000 - $710,000

    $2,668/mo

    Zestimate® history
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    What's special

    Community poolModern kitchenLuxury vinyl planOwn balconiesSleek appliancesBreakfast barTile floors
    Welcome to this stunning 3-bedroom, 2-bathroom one story condo unit located in the desirable Ocean City, MD in walking distance to the boardwalk. This meticulously maintained and exceptionally updated property offers ample space and comfort as well as for you and your guests. As you enter, there is a mud room/laundry for conveniently dropping your beach items and then as you continue down the hallway you are greeted by a spacious living area flooded with natural light, perfect for relaxing or entertaining guests equipped with a frieplace when the weather isn't beach weather. The modern kitchen features sleek appliances, plenty of counter space, and a breakfast bar for casual dining. The three well-appointed bedrooms provide privacy and tranquility all with their own balconies, while the two full bathrooms offer convenience and functionality. Recently freshly painted, tile floors in the bathrooms and luxury vinyl plan sprwaling through the living room, kitchen and bedrooms. One of the highlights of this property is the community pool, perfect for enjoying those warm summer days and creating lasting memories with family and friends. Conveniently located in Ocean City, MD, this home offers easy access to the beach, restaurants, shopping, and entertainment options. 2 parking spaces included at street level. Elevator offered for conveincve of getting to this premium 3rd floor condo. Don't miss the opportunity to make this beautiful property your own and experience coastal living at its finest. Offset your cost of ownership with solid rental boookings already confirmed with a gross income just over $30,000! Schedule your showing today! Unit is booked from 6/28-9/14 with the exception of 2 weeks in August.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dave Watlington 302-753-8124,

    Patterson-Schwartz-Middletown

    Bought with:

    Katie Quinn, 656189

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    Source: Bright MLS,MLS#: MDWO2030398MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 1, Bathroom 2
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bathroom 1
    • Level: Main
    Bathroom 2
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Lower
    Living room
    • Level: Main
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, Laundry Room, In Unit
    Features
    • Flooring: Ceramic Tile, Luxury Vinyl
    • Has basement: No
    • Has fireplace: No
    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, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: Community
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410750709
    • Zoning: R2
    • Special conditions: Standard

    Construction

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

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Main Entrance Lock
    • Condo and coop fee: $2,875 quarterly
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Beauty Salon, Elevator(s), Pool
    • HOA name: Mann Properties
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $391/sqft
    • Tax assessed value: $492,700
    • Annual tax amount: $6,076
    • Date on market: 4/25/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/25/2025Sold$625,000-3.8%$391/sqft
    Source: Bright MLS #MDWO2030398 Report a problem
    6/25/2025Contingent$650,000$407/sqft
    Source: Bright MLS #MDWO2030398 Report a problem
    5/10/2025Price change$650,000-6.5%$407/sqft
    Source: Bright MLS #MDWO2030398 Report a problem
    4/25/2025Listed for sale$695,000-4.1%$435/sqft
    Source: Bright MLS #MDWO2030398 Report a problem
    12/18/2024Listing removed$725,000$454/sqft
    Source: Bright MLS #MDWO2020764 Report a problem
    5/10/2024Listed for sale$725,000+26.1%$454/sqft
    Source: Bright MLS #MDWO2020764 Report a problem
    4/12/2023Sold$575,000+4.5%$360/sqft
    Source: Bright MLS #MDWO2012690 Report a problem
    3/9/2023Pending sale$550,000$344/sqft
    Source: Bright MLS #MDWO2012690 Report a problem
    3/8/2023Listed for sale$550,000+7251%$344/sqft
    Source: Bright MLS #MDWO2012690 Report a problem
    6/29/2018Sold$7,482-98.7%$5/sqft
    Source: Public Record Report a problem
    2/23/2007Sold$595,000$372/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
    • High: Stephen Decatur
    • 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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