NOT LISTED FOR SALE

706 Anchor Chain Rd Ocean City, MD 21842

Estimated Value: $622,000 - $874,000

3 Beds
2.5 Baths
2,017 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $742,500 $368 Per Sq Ft

Current estimated payment $4,454/month

34 Days on Market

Highlights

  • New Construction
  • Gourmet Kitchen
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • Panoramic View
  • Craftsman Architecture

About This Home

As of February 2024

Just Built! Schedule your showing today. Impeccable 3 bedroom 2 1/2 bath home with coastal style and charm nestled in the popular North Ocean City community of Caine Woods. Custom home created by local builder who is known for unique coastal design and attention to detail. The interior is filled with modern yet simple and comfortable amenities that include custom choices for the best of beach living. The unique floor plan includes a long list of upgrades...LVP flooring on 1st level, quartz counters & island top, upgraded kitchen cabinetry, high efficient stainless appliances, upgraded trim package with solid shaker doors & nickel hinges, custom tiled baths, large pantry & utility room, DPF 50 double hung windows, vinyl cedar impressions with bat & board siding, front porch & back patio. This home comfortably sleeps 8 with 3 bedrooms and a loft or den option as well as a large walk in attic for additional storage. The mechanicals feature a hybrid dual fuel setup for heating and cooling, Rinnai tankless water heater, gas stove and hook up for exterior amenities. Walk to the beach, local park, or marina with boat rentals/tiki/bar and restaurant, or drive onto the DE state beaches just a few miles away. If you have been looking for that escape at the beach, this will be the home for you! Photos of similar home are for representation only of the builders previous projects but are comparable. Please see attached documents for the homes features & specifications.

Last Agent to Sell the Property

Ann Buxbaum

(443) 235-0878 anniebuxbaum1@gmail.com Northrop Realty Listed on: 11/30/2023

Northrop Realty

Last Buyer's Agent

Mary Jo Cole

(443) 615-4986 maryjo516@yahoo.com Keller Williams Realty License #642245

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,500 Sq Ft Lot
  • Southwest Facing Home
  • Landscaped
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R-2

Property Views

  • Panoramic
  • Garden

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • Shake Siding
  • Stick Built Home

Interior Spaces

  • 2,017 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Double Hung Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Dispenser
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2410187559

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,814

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-23
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Dispenser, Water Heater, Water Heater - Tankless
  • Flooring Type: Luxury Vinyl Plank, Partially Carpeted
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Double Hung, Insulated, Energy Efficient
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2017
  • Living Area Sq Ft: 2017
  • Price Per Sq Ft: 371.84
  • Above Grade Finished Sq Ft: 2017
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shake Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Architectural Shingle, Pitched
  • View: Garden/Lawn, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Main Entrance Lock, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Landscaping, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Outdoor Living Structures: Patio(s), Porch(es), Roof
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1814.00
  • Assessor Parcel Number: 2410187559
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Feb 16, 2024
Sold by
Louies Enterprises Llc
Bought by
Mirarchi Joseph R and Mirarchi Tricia M
Seller's Agent
Ann Buxbaum
Northrop Realty
Buyer's Agent
Mary Jo Cole
Keller Williams Realty
List Price
$750,000
Sold Price
$742,500
Premium/Discount to List
-$7,500
-1%
Views
185
Current Estimated Value
$742,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49
Avg. Annual Appreciation
-0.00%
Original Mortgage
$699,200
Outstanding Balance
$686,959
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$55,492

Purchase Details

Listed on
Jan 23, 2023
Closed on
May 25, 2023
Sold by
Raymond Robert J
Bought by
Louies Enterprises Llc
Seller's Agent
Daniel Demers
Sell Your Home Services
Buyer's Agent
Ann Buxbaum
Northrop Realty
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
684.90%
Original Mortgage
$500,000
Interest Rate
6.27%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Mirarchi Joseph R $742,500 Maryland Title
Louies Enterprises Llc $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirarchi Joseph R $699,200
Previous Owner Louies Enterprises Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $742,500 -1.0% $368 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $750,000 +354.5% $372 / Sq Ft
05/25/2023 05/25/23 Sold $165,000 -7.8% -- View Prior Sale
01/23/2023 01/23/23 For Sale $179,000 -- --
Source: Bright MLS

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 $6,817 $562,267 $0 $0
2024 $6,789 $486,533 $0 $0
2023 $1,809 $128,700 $128,700 $0
2022 $1,809 $128,700 $128,700 $0
2021 $1,819 $128,700 $128,700 $0
2020 $1,825 $128,700 $128,700 $0
2019 $1,825 $128,700 $128,700 $0
2018 $1,813 $128,700 $128,700 $0
2017 $1,941 $136,700 $0 $0
2016 -- $136,700 $0 $0
2015 $1,833 $136,700 $0 $0
2014 $1,833 $144,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2016636

Bright MLS

APN: 10-187559