NOT LISTED FOR SALE

714 Anchor Chain Rd Ocean City, MD 21842

Estimated Value: $430,000 - $582,000

3 Beds
2 Baths
1,430 Sq Ft
$368/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $244,000 $171 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,119/month

Highlights

  • Rambler Architecture
  • Main Floor Bedroom
  • 1 Fireplace
  • Ocean City Elementary School Rated A
  • Attic
  • No HOA

About This Home

As of August 2019

Coming Soon in Caine Woods * Recently renovated 3 Bedrooms * 2 Bathrooms * Cute as can be * Wood burning fireplace in living room * Large family room in rear of house leading to workshop and then back yard... this would be an ideal home for someone needing an art studio * Privacy fence * Covered porch * Heat Pump replaced 2.5 years ago * New Siding *

Last Agent to Sell the Property

Grace Masten

(443) 614-3901 grace@northbeachrealtors.com Sea Grace @ North Beach Realtors Listed on: 05/29/2019

Co-Listed By

Erik Dowell

erik@northbeachrealtors.com Sea Grace @ North Beach Realtors

Last Buyer's Agent

Bernice Flax

(410) 629-9070 bernie@bernieflax.com Coastal Life Realty Group LLC License #613711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 1981

Lot Details

  • 4,500 Sq Ft Lot
  • South Facing Home
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Entry on the 1st floor
  • Aluminum Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • Property has 1 Level
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Family Room
  • Living Room
  • Open Floorplan
  • Crawl Space
  • Attic

Kitchen

  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Accessible Home Design

  • Level Entry For Accessibility

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 9949A
  • Assessor Parcel Number 10-186870

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,088

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-05-29
  • Federal Flood Zone: No
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Attic, Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Efficiency, Primary Bath(s), Recessed Lighting
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1430
  • Living Area Sq Ft: 1430
  • Price Per Sq Ft: 171.33
  • Above Grade Finished Sq Ft: 1430
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric, Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412580
  • Tax Annual Amount: 3088.00
  • Assessor Parcel Number: 10-186870
  • Tax Lot: 9949A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Aug 6, 2019
Sold by
Maruzo Hope
Bought by
Lutz Lori L and Gilbert Travis M
Seller's Agent
Grace Masten
Sea Grace @ North Beach Realtors
Buyer's Agent
Bernice Flax
Coastal Life Realty Group LLC
List Price
$249,000
Sold Price
$244,000
Premium/Discount to List
-$5,000
-2.01%
Current Estimated Value
$526,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,774
Avg. Annual Appreciation
13.15%
Original Mortgage
$231,800
Outstanding Balance
$203,139
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$323,635

Purchase Details

Closed on
Aug 15, 2017
Sold by
Maruzo Hope and The Joseph J Maruzo Jr Revocab
Bought by
Maruzo Hope

Purchase Details

Closed on
Mar 9, 1981
Sold by
Linde John W
Bought by
Joseph J Maruzo Jr Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
15.4%
Source: Public Records

Range of Values:

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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
Lutz Lori L $244,000 Bright Title Setmnt Svcs Llc
Maruzo Hope -- None Available
Maruzo Joseph J -- None Available
Maruzo Hope -- None Available
Joseph J Maruzo Jr Revocable $10,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Lori L $231,800
Previous Owner Joseph J Maruzo Jr Revocable $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2019 08/07/19 Sold $244,000 -0.4% $171 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/04/2019 07/04/19 Price Changed $245,000 -1.6% $171 / Sq Ft
05/29/2019 05/29/19 For Sale $249,000 -- $174 / Sq Ft
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 $4,348 $373,433 $0 $0
2024 $4,331 $310,367 $0 $0
2023 $3,475 $247,300 $142,700 $104,600
2022 $3,334 $237,233 $0 $0
2021 $3,210 $227,167 $0 $0
2020 $3,067 $217,100 $142,700 $74,400
2019 $2,673 $217,100 $142,700 $74,400
2018 $3,068 $217,100 $142,700 $74,400
2017 $2,521 $217,300 $0 $0
2016 -- $211,000 $0 $0
2015 -- $204,700 $0 $0
2014 $1,934 $198,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Grace Masten

    Seller's Agent in 2019

    Grace Masten

    Sea Grace @ North Beach Realtors

    (443) 614-3901

    47 in this area

    77 Total Sales

    Grace Masten
    Section Image
  • Erik Dowell

    Seller Co-Listing Agent in 2019

    Erik Dowell

    Sea Grace @ North Beach Realtors

    37 in this area

    53 Total Sales

    Erik Dowell
    Section Image

  • B

    Buyer's Agent in 2019

    Bernice Flax

    Coastal Life Realty Group LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO106174

Bright MLS

APN: 10-186870

Maryland Worcester County Ocean City 21842

714 Anchor Chain Rd, Ocean City, MD

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