NOT LISTED FOR SALE

703 Anchor Chain Rd Ocean City, MD 21842

Estimated Value: $479,000 - $575,000

3 Beds
2 Baths
1,428 Sq Ft
$375/Sq Ft Est. Value

About This Home

This home is located at 703 Anchor Chain Rd, Ocean City, MD 21842 and is currently estimated at $535,089, approximately $374 per square foot. 703 Anchor Chain Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Nicholas Stamos and Nicholas Yvonne Cecelia
Bought by
Stamos William N and Papagjika Maria S
Current Estimated Value
$535,089

Purchase Details

Closed on
May 16, 2015
Sold by
Steckman William Glenn and Steckman Sharon T
Bought by
Stamos Yvonne

Purchase Details

Closed on
Dec 29, 2006
Sold by
Glenn Steckman William
Bought by
Glenn Steckman William and Steckman Sharon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2006
Sold by
Glenn Steckman William
Bought by
Glenn Steckman William and Steckman Sharon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 1985
Sold by
Jarman Kenneth L and Jarman Carolyn M
Bought by
Steckman William Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,100
Interest Rate
12.83%

Purchase Details

Closed on
Jul 14, 1983
Sold by
Mailman Lloyd and Mailman Chas
Bought by
Jarman Kenneth L and Jarman Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,875
Interest Rate
13.3%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stamos William N -- Capitol Title
Stamos William N -- Capitol Title
Stamos Yvonne $247,500 Ocean Investments Title Corp
Glenn Steckman William -- --
Glenn Steckman William -- --
Steckman William Glenn $23,000 --
Jarman Kenneth L $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenn Steckman William $50,000
Previous Owner Glenn Steckman William $100,000
Previous Owner Glenn Steckman William $100,000
Previous Owner Steckman William Glenn $16,100
Previous Owner Jarman Kenneth L $10,875
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $4,944 $362,067 $0 $0
2024 $4,375 $313,533 $0 $0
2023 $3,724 $265,000 $142,700 $122,300
2022 $3,669 $261,033 $0 $0
2021 $3,633 $257,067 $0 $0
2020 $3,576 $253,100 $142,700 $110,400
2019 $3,601 $253,100 $142,700 $110,400
2018 $3,565 $253,100 $142,700 $110,400
2017 $3,637 $257,500 $0 $0
2016 -- $247,367 $0 $0
2015 $2,506 $237,233 $0 $0
2014 $2,506 $227,100 $0 $0
Source: Public Records

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