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205 Somerset Street #B106 Ocean City, MD 21842

$270,725
LOW
$318,500 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$366,300
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$318,500Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
--
AC
Yes
Payment Estimate
--
Baths Full
2
Fireplaces
1
Rent Estimate
$1,740Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Parking
Garage
Tax Estimate
$4,387Estimated property taxes paid on an annual basis.
Sq Ft
1,037
 HomeScore
69A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
60A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
04/11/2000
Style
--
Last Sale Price
$150,000
Year Built
1987

205 Somerset Street #B106 is located in Ocean City, MD. At this time, the property has an estimated value of $318,500 and yearly taxes of $4,387. This condo has 2 bathrooms and approximately 1,037 sqft of living space. The property was built in 1987. Similar condos nearby have 2 baths and sell for around $325,000.

Property History

DateEventSourcePrice
11/14/2016Sign InMRISSign In
2/14/2015Sign InMRISSign In

Ocean City Market Trends

Check out Ocean City homes for sale, read the Ocean City real estate news or review the Ocean City real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
55
Not Healthy

983

$289,900

234

10.9

Median Sales Price
$223,450
-2.0%
Sales (30 Days)
90
-14.3%

Ocean City Public Schools

A child living at 205 Somerset Street #B106, Ocean City, MD would typically attend one of the following public schools: Ocean City Elementary School, Berlin Intermediate, Stephen Decatur Middle School, or Stephen Decatur High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Ocean City REAL ESTATE NEWS

Hitting a record low dating back to August, 80 homes were sold in the Ocean City market over the last 30 days. This represents a 12.1% decrease in sales activity. During the same time frame, Ocean Pin... Read More »

In this week's report, the number of homes sold in the Ocean City market slid to 88 over the past 30 days. It marked a decrease of 11.1% from last week's report and a fall below the monthly average. I... Read More »

Ocean City is much younger than the rest of Maryland, with a median age of 54. It's much less affluent than average as well, with a median income of $43,711 per household. The Ocean City market is alm... Read More »

205 Somerset Street #B106 Map

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205 Somerset St #B106, Ocean City, MD 21842US
205 Somerset St #B106 is located in Ocean City, MD. At this time, the property has an estimated value of $318,500 and yearly taxes of $4,387. This condo has 2 bathrooms and approximately 1,037 sqft of living space. The property was built in 1987. Similar condos nearby have 2 baths and sell for around $325,000. Bob Kimball, Patricia Jugler, and Steve Marriner are Homesnap Local Experts in and around Ocean City.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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