NOT LISTED FOR SALE

708 Anchor Chain Rd Ocean City, MD 21842

Estimated Value: $715,553 - $874,000

3 Beds
2.5 Baths
2,017 Sq Ft
$384/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $725,000 $359 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,622/month

29 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of September 2023

TO BE BUILT/Delivery Date September 30th, 2023: 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 known for unique coastal design
and attention to detail. Interior will be filled with modern yet simple and comfortable
amenities to include custom choices. Unique floor plan includes luxury vinyl plank flooring, quartz counters & island top, upgraded kitchen cabinetry, large pantry, stainless steel
appliances. Upgraded trim package with solid shaker doors & nickel hinges, custom
tiled baths, utility room. DPF 50 double hung windows, vinyl cedar impressions with bat & board
siding, front & back porch with composite decking. Architectural shingles with Standing Seam Metal. Comfortably sleeps 8 with 3 bedrooms and a loft or den option as well as a large walk in attic. Home includes a 10x10 shed large enough to hold you beach gear & bikes as well as a 10 x12 paved outdoor seating area Mechanicals feature a hybrid dual fuel setup for heating and cooling,
Rinnai tankless water heater, gas stove and hook up for exterior amenities. Builder plans to install a natural shrub border in the backyard consisting of 10-12 ft giant green arborvitae. Additional landscaping package available separately. 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. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary slightly depending on the buyers selection. Upgrade options and custom changes are at an additional cost. Photos of similar home are for builder representation only and may show options or upgrades not included in this home. Taxes based on lot only.

Last Agent to Sell the Property

Ann Buxbaum

(443) 235-0878 anniebuxbaum1@gmail.com Northrop Realty Listed on: 05/12/2023

Northrop Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,524 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,017 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Area
  • Loft
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Tankless Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,814

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main
  • Expected On Market: 2023-05-19
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Engineered Wood
  • Interior Amenities: Breakfast Area, 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 - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting
  • Window Features: Double Hung, Insulated, Vinyl Clad
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Loft
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 2017
  • Living Area Sq Ft: 2017
  • Price Per Sq Ft: 359.44
  • Above Grade Finished Sq Ft: 2017
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4524.00
  • Property Condition: Excellent
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1814.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Sep 8, 2023
Sold by
Louies Enterprises Llc
Bought by
Martin Scott W and Martin Amy A
Seller's Agent
Ann Buxbaum
Northrop Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$725,000
Sold Price
$725,000
Views
147
Current Estimated Value
$774,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,888
Avg. Annual Appreciation
3.16%
Original Mortgage
$225,000
Outstanding Balance
$218,191
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$556,697

Purchase Details

Closed on
May 25, 2023
Sold by
Raymond Dennis J
Bought by
Louies Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.39%
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
Martin Scott W $255,000 None Listed On Document
Louies Enterprises Llc $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Scott W $225,000
Previous Owner Louies Enterprises Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $725,000 0.0% $359 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $725,000 0.0% $359 / Sq Ft
05/25/2023 05/25/23 For Sale $725,000 0.0% $359 / Sq Ft
05/12/2023 05/12/23 Off Market $725,000 -- --
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 $6,789 $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 $1,999 $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: MDWO2013596

Bright MLS

APN: 10-187532