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  • $645,800

    205 Somerset St Unit B311, Ocean City, MD 21842

    3beds
    1,276sqft
    Condo
    Built in 1987
    -- sqft lot
    $645,800 Zestimate®
    $506/sqft
    $2,502 Estimated rent

    Home value

    $645,800

    $594,000 - $704,000

    $2,502/mo

    Zestimate® history
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    What's special

    Outstanding downtown Ocean City location! DIRECT Bayfront/Ocean City Inlet 3-bedroom end unit overlooking open bay with both a front and side deck. Comes complete with a full service Marina. The sunsets are absolutely breathtaking! This condo has an outdoor pool and available outside storage. Coming soon renovations to the marina including boat slips and bulkheads and improvements to the pool. The unit has two large balconies and many interior upgrades. New windows, sliders, heat pump and balcony doors. The only unit with 4 reserved parking spaces in premium Ocean City. Close to the boardwalk, attractions, restaurants, fishing, shopping, Berlin. Building has new pool, bulkhead and elevator . This is the only unit with 4 parking spots. Would make a great rental property with projected rents of 34K. Can Rent a slip through the Association.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Trash compactor, Washer
    Features
    • Window Treatments, Entry Level Bedroom, CeilngFan(s)
    • Flooring: Tile, Carpet
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,276 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Other
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10309530

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Unit/Flat
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1987

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $683 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $506/sqft
    • Tax assessed value: $540,167
    • Annual tax amount: $7,398

    Price history

    DateEventPrice
    9/7/2018Sold$340,000-8.8%$266/sqft
    Source: Public Record Report a problem
    8/1/2018Pending sale$373,000$292/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1001560894 Report a problem
    7/28/2018Price change$373,000-0.5%$292/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1001560894 Report a problem
    7/26/2018Price change$374,9000%$294/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1001560894 Report a problem
    7/15/2018Price change$375,000-2.5%$294/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1001560894 Report a problem
    6/26/2018Price change$384,8000%$302/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1001560894 Report a problem
    6/13/2018Price change$384,900-1%$302/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1001560894 Report a problem
    3/30/2018Price change$388,9000%$305/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #514343 Report a problem
    1/19/2018Listed for sale$389,000-8.5%$305/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #514343 Report a problem
    12/1/2017Listing removed$425,000$333/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #511789 Report a problem
    10/8/2017Price change$425,000-1.2%$333/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #511789 Report a problem
    8/6/2017Listed for sale$430,000+134.3%$337/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #511789 Report a problem
    2/29/2000Sold$183,500$144/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,398 +19.5%$540,167 +22.1%
    2024$6,191 +27.5%$442,333 +28.4%
    2023$4,856 $344,500
    2022$4,856 -0.2%$344,500
    2021$4,867 -5.3%$344,500 -5.3%
    2020$5,137 -0.7%$363,600
    2019$5,173 +0.7%$363,600
    2018$5,136 +0%$363,600
    2017$5,134 -2.5%$363,600
    2016$5,267 $363,600
    2015$5,267 $363,600 -1.7%
    2014$5,267 $370,000
    2013-- $370,000
    2012-- $370,000 -15.7%
    2011-- $438,940
    2010-- $438,940
    2009-- $438,940 -20%
    2008-- $548,680 +20.6%
    2007-- $455,106 +25.9%
    2006-- $361,533 +34.9%
    2005-- $267,960 +15.5%
    2004-- $231,972 +18.4%
    2003-- $195,986 +22.5%
    2002-- $160,000
    2001-- $160,000
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ocean City
    • Middle: Stephen Decatur
    • High: Stephen Decatur
    • District: Worcester County Public Schools

    Source: The 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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    $645,800
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    With Zillow Showcase(estimated)
    $658,716