705 Anchor Chain Rd Ocean City, MD 21842
Estimated Value: $502,381 - $549,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,275
                Sq Ft
            
            
                
                    $409/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 705 Anchor Chain Rd, Ocean City, MD 21842 and is currently estimated at $522,095, approximately $409 per square foot. 705 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
            
            
                Dec 8, 2023
            
        
                Sold by
            
            
                Butta Maria T and Butta Anthony C
            
        
                Bought by
            
            
                Butta Family Trust and Butta
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Jul 26, 2018
            
        
                Sold by
            
            
                Keck Michael M and Keck Brenda S
            
        
                Bought by
            
            
                Butta Anthony C and Butta Maria T
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $260,500
            
        
                Interest Rate
            
            
                4.5%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Feb 6, 2017
            
        
                Sold by
            
            
                Rodriguez James J and Rodriguez Joanie D
            
        
                Bought by
            
            
                Keck Michael M and Keck Brenda S
            
        Purchase Details
                Closed on
            
            
                Feb 19, 2008
            
        
                Sold by
            
            
                Daniel Clayl and Daniel E
            
        
                Bought by
            
            
                Rodriguez James J and Rodriguez Joanie D
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $284,905
            
        
                Interest Rate
            
            
                5.8%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Feb 15, 2008
            
        
                Sold by
            
            
                Daniel Clayl and Daniel E
            
        
                Bought by
            
            
                Rodriguez James J and Rodriguez Joanie D
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $284,905
            
        
                Interest Rate
            
            
                5.8%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Mar 15, 1988
            
        
                Sold by
            
            
                Purnell Nancy Michele
            
        
                Bought by
            
            
                Clayland Daniel E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $85,950
            
        
                Interest Rate
            
            
                9.96%
            
        Purchase Details
                Closed on
            
            
                May 26, 1986
            
        
                Sold by
            
            
                Purnell Troy
            
        
                Bought by
            
            
                Purnell Nancy Michele
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $60,000
            
        
                Interest Rate
            
            
                10.36%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Butta Family Trust | -- | None Listed On Document | |
| Butta Anthony C | $260,500 | None Available | |
| Keck Michael M | $264,500 | None Available | |
| Rodriguez James J | $299,900 | -- | |
| Rodriguez James J | $299,900 | -- | |
| Clayland Daniel E | $95,500 | -- | |
| Purnell Nancy Michele | $80,000 | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Butta Anthony C | $260,500 | |
| Previous Owner | Rodriguez James J | $284,905 | |
| Previous Owner | Rodriguez James J | $284,905 | |
| Previous Owner | Clayland Daniel E | $85,950 | |
| Previous Owner | Purnell Nancy Michele | $60,000 | 
                Source: Public Records
            
        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 | $4,486 | $371,733 | $0 | $0 | 
| 2024 | $4,467 | $320,167 | $0 | $0 | 
| 2023 | $3,775 | $268,600 | $142,700 | $125,900 | 
| 2022 | $3,661 | $260,467 | $0 | $0 | 
| 2021 | $3,566 | $252,333 | $0 | $0 | 
| 2020 | $3,450 | $244,200 | $142,700 | $101,500 | 
| 2019 | $3,464 | $243,500 | $0 | $0 | 
| 2018 | $3,420 | $242,800 | $0 | $0 | 
| 2017 | $3,303 | $242,100 | $0 | $0 | 
| 2016 | $3,303 | $236,433 | $0 | $0 | 
| 2015 | $3,237 | $230,767 | $0 | $0 | 
| 2014 | $3,237 | $225,100 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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