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Off market
  • $544,600

    205 Somerset St Unit B410, Ocean City, MD 21842

    2beds
    1,098sqft
    Condo
    Built in 1987
    -- sqft lot
    $544,600 Zestimate®
    $496/sqft
    $2,101 Estimated rent

    Home value

    $544,600

    $506,000 - $588,000

    $2,101/mo

    Zestimate® history
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    $2,101/mo

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    $2,101/mo

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    $4,007/mo

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    $4,007/mo

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    What's special

    Amazing views await you in this fully furnished top floor, 2 bedroom 2 full bathroom condo with elevator access. Roomy kitchen with bar seating and a large dining room which is great for eating-in or playing games. Walk out to your private balcony right from the living room or relax on the couch and take in the views. Conveniently centered at the White Marlin Marina, there are many boats to watch as they come and go. The primary bedroom has an en-suite bathroom with a tub/shower combo. Hall bathroom has a nicely tiled walk-in shower. The beach, the boardwalk and many restaurants & bars are all within walking distance, so why hassle with paid parking! Nicely decorated and ready for your personal use or do what these owners did and rent it out. Sellers netted around $20k and it was only a part-time rental, imagine what you can make on a full-time rental! Opportunity is knocking, are you ready to answer it?

    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
    • Heat pump
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,098 sqft

    Property

    Features
    • On waterfront: Yes
    Details
    • Parcel number: 10309654

    Construction

    Type & style
    • Home type: Condo
    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: $496/sqft
    • Tax assessed value: $387,933
    • Annual tax amount: $5,313

    Price history

    DateEventPrice
    12/23/2022Sold$460,000-8%$419/sqft
    Source: Bright MLS #MDWO2010732 Report a problem
    11/23/2022Pending sale$499,999$455/sqft
    Source: Bright MLS #MDWO2010732 Report a problem
    10/11/2022Listed for sale$499,999+257.1%$455/sqft
    Source: Bright MLS #MDWO2010732 Report a problem
    3/2/1999Sold$140,000$128/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,313 +12.8%$387,933 +15.2%
    2024$4,712 +17.1%$336,667 +18%
    2023$4,023 $285,400
    2022$4,023 -0.2%$285,400
    2021$4,032 $285,400
    2020$4,032 +11%$285,400
    2019$3,633 +14.1%$285,400 +26.6%
    2018$3,184 +15.4%$225,400 +15.4%
    2017$2,759 -40.5%$195,400
    2016$4,638 $195,400
    2015$4,638 $195,400 -2.2%
    2014$4,638 $199,800
    2013-- $199,800
    2012-- $199,800 -48.3%
    2011-- $386,490
    2010-- $386,490
    2009-- $386,490 -20%
    2008-- $483,120 +20.5%
    2007-- $400,770 +25.9%
    2006-- $318,420 +34.9%
    2005-- $236,070 +18.2%
    2004-- $199,712 +22.3%
    2003-- $163,356 +0.8%
    2002-- $162,000
    2001-- $162,000
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $544,600
    2% more
    +$10,892
    With Zillow Showcase(estimated)
    $555,492