Belmont Towers 2 Dorchester St Unit 507 Ocean City, MD 21842
3
Beds
2.5
Baths
1,489
Sq Ft
$549/mo
HOA Fee
Highlights
- Fitness Center
- Water Oriented
- Coastal Architecture
- Ocean City Elementary School Rated A
- Waterfront
- Community Pool
About This Home
As of April 2025Ocean City's finest Boardwalk Ocean Front Building. This Corner 3 bedroom 2.5 bath has fantastic Ocean, Beach and Boardwalk Views. Catch the sunrise off the ocean from the unit with bonus Bay views and sunsets from the expansive wrap balcony. Interior features include granite counter tops with top of the line appliances and custom cabinetry. Tile floors and showers. Enjoy the 8000 square foot pool and pool deck, with outdoor putting green,fitness center and two assigned covered parking places in the 4 story secure parking garage. Once your here you won't want or need to leave. Watch the fireworks, festivals, air shows and more. Shopping and restaurants out your door. You are in the heart of it all. Excellent rental property ($55k+) or enjoy it as your personal beachfront retreat. Availability is rare!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,045
Year Built
- Built in 2007
HOA Fees
- $549 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Coastal Architecture
- Contemporary Architecture
- Stucco
Interior Spaces
- 1,489 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Outdoor Features
- Water Oriented
- Property is near an ocean
Additional Features
- Accessible Elevator Installed
- Waterfront
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 2638
- Assessor Parcel Number 10-757843
Community Details
Overview
- Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, health club, pool(s), management, recreation facility, security gate, trash
- High-Rise Condominium
- Belmont Towers Community
Recreation
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
Apr 11, 2025
Sold by
2 Dorchester St 507 Llc
Bought by
Rizer Traci Lynn
Seller's Agent
John Williams
VRA Realty
Buyer's Agent
Michelle Abplanalp
Rosendale Realty
List Price
$885,000
Sold Price
$891,000
Premium/Discount to List
$6,000
0.68%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,729
Avg. Annual Appreciation
10.12%
Original Mortgage
$668,250
Outstanding Balance
$666,518
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$253,291
Purchase Details
Listed on
Mar 18, 2022
Closed on
Apr 24, 2022
Sold by
Marshall Charles R
Bought by
2 Dorchester St 507 Llc
Seller's Agent
Steven Lasik
TTR Sotheby's International Realty
Buyer's Agent
John Williams
VRA Realty
List Price
$839,000
Sold Price
$821,500
Premium/Discount to List
-$17,500
-2.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Purchase Details
Listed on
Nov 30, 2018
Closed on
Dec 6, 2019
Sold by
Wilson Donna M
Bought by
Marshall Charles R and Marshall Phetsomboune T
Seller's Agent
Jay Phillips
Holiday Real Estate
Buyer's Agent
Steven Lasik
TTR Sotheby's International Realty
List Price
$598,000
Sold Price
$550,000
Premium/Discount to List
-$48,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.20%
Original Mortgage
$412,500
Interest Rate
3.7%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 12, 2014
Sold by
Dorchester Street Llc
Bought by
Wilson Donna M
Similar Homes in Ocean City, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $891,000 | Atlantic Title Group | |
| Deed | $891,000 | Atlantic Title Group | |
| Deed | $821,500 | Fidelity National Title | |
| Deed | $550,000 | Kvs Title Llc | |
| Deed | $533,060 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $668,250 | New Conventional | |
| Closed | $668,250 | New Conventional | |
| Previous Owner | $412,500 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Sold | $891,000 | 0.0% | $605 / Sq Ft |
| 03/24/2025 03/24/25 | Price Changed | $891,000 | +0.7% | $605 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $885,000 | +7.7% | $601 / Sq Ft |
| 04/29/2022 04/29/22 | Sold | $821,500 | -2.1% | $552 / Sq Ft |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $839,000 | +52.5% | $563 / Sq Ft |
| 12/06/2019 12/06/19 | Sold | $550,000 | -8.0% | $369 / Sq Ft |
| 11/04/2019 11/04/19 | Pending | -- | -- | -- |
| 10/19/2019 10/19/19 | For Sale | $598,000 | 0.0% | $402 / Sq Ft |
| 09/30/2019 09/30/19 | Pending | -- | -- | -- |
| 09/25/2019 09/25/19 | Price Changed | $598,000 | 0.0% | $402 / Sq Ft |
| 09/25/2019 09/25/19 | For Sale | $598,000 | +8.7% | $402 / Sq Ft |
| 04/24/2019 04/24/19 | Off Market | $550,000 | -- | -- |
| 04/15/2019 04/15/19 | Price Changed | $625,000 | -2.0% | $420 / Sq Ft |
| 03/11/2019 03/11/19 | Price Changed | $638,000 | -0.2% | $428 / Sq Ft |
| 02/25/2019 02/25/19 | Price Changed | $639,000 | -0.9% | $429 / Sq Ft |
| 02/16/2019 02/16/19 | Price Changed | $645,000 | -0.6% | $433 / Sq Ft |
| 12/29/2018 12/29/18 | Price Changed | $649,000 | -3.0% | $436 / Sq Ft |
| 11/30/2018 11/30/18 | For Sale | $669,000 | -- | $449 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,944 | $595,200 | $0 | $0 |
| 2024 | $7,944 | $569,300 | $0 | $0 |
| 2023 | $7,637 | $543,400 | $271,700 | $271,700 |
| 2022 | $7,637 | $543,400 | $271,700 | $271,700 |
| 2021 | $7,679 | $543,400 | $271,700 | $271,700 |
| 2020 | $7,074 | $543,400 | $271,700 | $271,700 |
| 2019 | $7,095 | $498,733 | $0 | $0 |
| 2018 | $6,395 | $454,067 | $0 | $0 |
| 2017 | $5,812 | $409,400 | $0 | $0 |
| 2016 | -- | $409,400 | $0 | $0 |
| 2015 | $6,397 | $409,400 | $0 | $0 |
| 2014 | $6,397 | $409,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
John Williams
VRA Realty
(610) 406-7905
2 in this area
125 Total Sales
-
Buyer's Agent in 2025
Michelle Abplanalp
Rosendale Realty
(443) 496-4255
1 in this area
82 Total Sales
-
Seller's Agent in 2022
Steven Lasik
TTR Sotheby's International Realty
(703) 371-0085
10 in this area
19 Total Sales
-
Seller's Agent in 2019
Jay Phillips
Holiday Real Estate
(410) 726-8631
31 in this area
165 Total Sales
About Belmont Towers
Map
Source: Bright MLS
MLS Number: MDWO101370
APN: 10-757843
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