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Off market
  • $544,000

    205 Somerset St Unit B407, Ocean City, MD 21842

    2beds
    1,037sqft
    Apartment
    Built in 1987
    -- sqft lot
    $544,000 Zestimate®
    $525/sqft
    $2,139 Estimated rent

    Home value

    $544,000

    $506,000 - $582,000

    $2,139/mo

    Zestimate® history
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    $3,859/mo

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    $3,859/mo

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    What's special

    Top floor center unit with absolutely incredible open bay and marina views looking straight down the center of the canal. Convenient and much sought after downtown location, and south of the Rt. 50 bridge. Just a couple blocks from the beach, boardwalk, Ocean City Inlet, restaurants and more. Unit conveys with a protected and desirable 35 ft + boat slip located inside of the basin of the marina. This two bedroom two bath updated condo is in pristine condition and offers many upgrades to enjoy such as granite kitchen countertops, built-in wine cooler, planked ceilings, wainscoting, custom window treatments, security camera directed at boat slip, custom tile flooring and electric awning on balcony and access additional space in the attic. Two assigned parking spaces, secure building and levered parking lot, in-ground community pool. This is a rare opportunity, don't miss out. Schedule your showing today. Tax ID for Slip #33 is10-398118. 2018 Property tax for slip #33 is $141.26. Annual Slip fee is $1,200. boat lift does not convey,it is no longer in the slip.

    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: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Refrigerator, Washer
    Features
    • Dining Area, Open Floorplan, Wainscotting, Master Bath(s), Combination Dining/Living, Upgraded Countertops, Combination Kitchen/Dining, Combination Kitchen/Living, Flat
    • Flooring: Carpet
    • Windows: Window Treatments
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,037 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: block
    • Pool features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10309611
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Other
    Materials
    • Roof: Metal
    Condition
    • Year built: 1987

    Community & HOA

    Community
    • Features: On Site Laundry Available
    • Security: Sprinkler System
    HOA
    • Has HOA: Yes
    • HOA fee: $545 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $525/sqft
    • Tax assessed value: $395,767
    • Annual tax amount: $5,420

    Price history

    DateEventPrice
    4/8/2020Sold$359,900$347/sqft
    Source: Public Record Report a problem
    2/19/2020Pending sale$359,900$347/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1009636030 Report a problem
    1/15/2020Listed for sale$359,900$347/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1009636030 Report a problem
    12/16/2019Pending sale$359,900$347/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1009636030 Report a problem
    8/15/2019Listed for sale$359,900$347/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1009636030 Report a problem
    7/25/2019Pending sale$359,900$347/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1009636030 Report a problem
    7/25/2019Listed for sale$359,900$347/sqft
    Source: Berkshire Hathaway HomeService PenFed Realty - WOC #1009636030 Report a problem
    1/5/2019Listing removed$359,900$347/sqft
    Source: Condominium Realty LTD #1009636030 Report a problem
    10/13/2018Listed for sale$359,900-15.3%$347/sqft
    Source: Condominium Realty LTD #1009636030 Report a problem
    5/13/2011Listing removed$424,900$410/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-104th #470415 Report a problem
    5/11/2011Listed for sale$424,900$410/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-104th #470415 Report a problem
    3/16/2011Listing removed$424,900$410/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-104th #470415 Report a problem
    2/5/2011Listed for sale$424,900+15.9%$410/sqft
    Source: NRT MidAtlantic #470415 Report a problem
    12/20/2006Sold$366,500+129.5%$353/sqft
    Source: Public Record Report a problem
    12/8/1999Sold$159,706$154/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,420 +12.1%$395,767 +14.5%
    2024$4,837 +16.1%$345,633 +17%
    2023$4,165 +1.2%$295,500
    2022$4,117 +1%$295,500 +2.4%
    2021$4,077 +1.2%$288,567 +1.2%
    2020$4,028 -0.7%$285,100
    2019$4,056 +0.7%$285,100
    2018$4,027 -7.7%$285,100 -7.7%
    2017$4,363 -0.4%$309,000
    2016$4,380 $309,000
    2015$4,380 $309,000 -2%
    2014$4,380 $315,200
    2013-- $315,200
    2012-- $315,200 -13.6%
    2011-- $365,000 0%
    2010-- $365,020
    2009-- $365,020 -20%
    2008-- $456,280 +20.5%
    2007-- $378,502 +25.9%
    2006-- $300,726 +34.9%
    2005-- $222,950 +16.7%
    2004-- $190,966 +20.1%
    2003-- $158,983 -1.9%
    2002-- $162,000
    2001-- $162,000
    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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    $544,000
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    With Zillow Showcase(estimated)
    $554,880