111 Somerset St, Unit 2 B 1
Closed 10/22/24
Closed 10/22/24
Description
was built in 2002 and has been upgraded throughout. The building has balconies, under building assigned parking for two autos, roof approximately 4 years old, and is meticulously maintained. This is a small self- managed condominium with only 6 total townhouses. This unit would be great for investors...Great downtown location. 1 block to bay, 2 blocks to Ocean. Walk to boardwalk, amusements, inlet, beach, bay water sports, restaurants, pubs, shops, festivals and more. This large 3 bedroom 2 bath townhouse
was built in 2002 and has been upgraded throughout. The building has balconies, under building assigned parking for two autos, roof approximately 4 years old, and is meticulously maintained. This is a small self- managed condominium with only 6 total townhouses. This unit would be great for investors with strong rental income. 2022 gross income $36,707, 2023 gross income $35,380 and YTD bookings for 2024 $34,395. 2024 bookings must be honored. This would also make a great family property for personal use. Owners may have pets, tenants may not. Beautiful Smartcore vinyl wood plank flooring.
- Listed by Joyce A Melbourne Husman • Berkshire Hathaway HomeServices PenFed Realty - OPP: (410)-490-0948 joycemelbourne@comcast.net
Property Details for 111 Somerset Street, Unit 2 B 1
Property Details for 111 Somerset Street, Unit 2 B 1
| Status | Closed |
|---|---|
| MLS # | MDWO2020874 |
| Days on Market | 122 |
| Taxes | $3,158 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $1,000 / quarter |
| Compass Type | Condo |
| MLS Type | Residential / Condo |
| Year Built | 2000 |
| County | Worcester County |
Location
Sold By Berkshire Hathaway HomeServices PenFed Realty
Building Information for 111 Somerset Street, Unit 2 B 1
Payment Calculator
$3,373 per month
30 year fixed, 6.845% Interest
$2,777
$263
$333
Property Information for 111 Somerset Street, Unit 2 B 1
- In City Limits: Yes
- School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
- School District County ID: 121138066543
- SchoolDistrictSource: Listing Agent
- County: WORCESTER
- MLS Area: Bayside Interior (83)
- OC Cross Street: 0
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Condo Coop Name: Nowalk to the Boardwalk
- HOA Condo Coop Mgmt Type: Owner/Self-Management
- HOA Condo Coop Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds
- HOA Condo Coop Amenities: Other
- Property Manager Y/N: No
- Senior Community: No
- Association Recreation Fee Y/N: No
- Type of Condo: Condo/Coop Association
- Tax Year: 2023
- Tax Assessed Value: $224,000
- Year Assessed: 2023
- County Tax: $1,893
- Improvement Assessed Value: $0
- City Town Tax: $1,013
- Land Assessed Value: $0
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: U
- Zoning: C-1
- Tax Lot: 2
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Pets Allowed: No
- # Bedrooms Count Main Level: 3
- # Bathrooms Count Main Level: 2
- # Bathrooms Full Main Level: 2
- Stories: Main
- Total Finished SQFT: 1,198.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,198.00
- Total SQFT: 1,198.00
- Total SQFT Source: Assessor
- Floors In Unit Count: 2
- Construction Materials: Frame, Masonry, Vinyl Siding
- Roof: Asphalt
- Wall and Ceiling Types: Dry Wall
- Foundation Details: Pilings
- Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2
- # Bathrooms Full: 2
- Other Structure: Above Grade, Below Grade
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Location Type: Oceanside
- Parcel ID: 5431105
- Ground Rent Exists: No
- Type Of Parking: Parking Garage
- Parking Garage - # of Spaces: 2
- Total Garage Spaces: 2
- Number of Assigned Spaces: 2
- Parking Features: Assigned, Paved Parking, Private, Under Home Parking
- Garage Features: Covered Parking
- Fireplace: No
- Appliances: Built-In Microwave, Dishwasher, Disposal, Cooktop - Down Draft, Dryer - Electric, Freezer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer, Water Heater
- Accessibility Features: None
- Laundry Type: Main Floor
- Exterior Features: Exterior Lighting, Gutter System, Sidewalks, Extensive Hardscape, Outside Shower
- Pool: No Pool
- Horse: No
- Utilities: Cable TV Available, Phone Available, Electric Available
- Heating: Yes
- Cooling Type: Central A/C, Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump(s), Central
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Internet Services: Broadband, Cable
- List Agent AOR: Coastal Association of REALTORS (MD)
Property History for 111 Somerset Street, Unit 2 B 1
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 22, 2024 | Closed (Public Record) Public Record #1546941394 | $530,000 | +9.4% / yr |
| Oct 22, 2024 | Closed BRIGHT #MDWO2020874 | $530,000 | — |
| Sep 9, 2024 | Pending BRIGHT #MDWO2020874 | — | |
| Sep 9, 2024 | Active Under Contract BRIGHT #MDWO2020874 | — | |
| May 11, 2024 | Listed (Active) BRIGHT #MDWO2020874 | $549,000 | — |
| Feb 4, 2011 | Closed (Public Record) Public Record #304522174 | $155,000 | -5.1% / yr |
| Jun 29, 2010 | Closed (Public Record) Public Record #299007970 | $160,000 | -11.8% / yr |
| Jul 2, 2004 | Closed (Public Record) Public Record #143837663 | $340,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/22/2024 | Closed (Public Record) Public Record #1546941394 | $530,000 +9.4% / yr |
| 10/22/2024 | Closed BRIGHT #MDWO2020874 | $530,000 |
| 09/09/2024 | Pending BRIGHT #MDWO2020874 | — |
| 09/09/2024 | Active Under Contract BRIGHT #MDWO2020874 | — |
| 05/11/2024 | Listed (Active) BRIGHT #MDWO2020874 | $549,000 |
| 02/04/2011 | Closed (Public Record) Public Record #304522174 | $155,000 -5.1% / yr |
| 06/29/2010 | Closed (Public Record) Public Record #299007970 | $160,000 -11.8% / yr |
| 07/02/2004 | Closed (Public Record) Public Record #143837663 | $340,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 111 Somerset Street, Unit 2 B 1
Schools near 111 Somerset Street, Unit 2 B 1
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ocean City Elementary School PublicPK to 4 | ||
Berlin Intermediate School Public5 to 6 | ||
Stephen Decatur Middle School Public7 to 8 | ||
Stephen Decatur High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
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