NOT LISTED FOR SALE

717 Anchor Chain Rd Ocean City, MD 21842

Estimated Value: $464,000 - $575,000

3 Beds
2 Baths
1,320 Sq Ft
$401/Sq Ft Est. Value

Last Sold June 23, 2018

Last sale price $266,000 $202 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,202/month

Highlights

  • Rambler Architecture
  • Main Floor Bedroom
  • No HOA
  • Ocean City Elementary School Rated A
  • Sun or Florida Room
  • Upgraded Countertops

About This Home

As of June 2018

Meticulously maintained 3 BR 2 BATH rancher with loads of updates in desirable Caine Woods. Freshly painted and new carpet! Fenced in back yard w/ storage shed. Conditioned crawl space. New roof 2013. New HVAC 2014. Hot Water Heater 2015. Plus so much more (see documents for a complete list). Furniture negotiable. This beach home is truly a gem.

Last Agent to Sell the Property

Linda Moran

(443) 614-2261 linda.moran@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #52961 Listed on: 01/11/2018

Berkshire Hathaway HomeServices PenFed Realty-WOC

Co-Listed By

Kimberlee Deppe

(410) 520-2600 kimberleeoceancity@gmail.com Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

TIMOTHY MEADOWCROFT

timothy.meadowcroft@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 1991

Lot Details

  • 4,500 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R1

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 1 Level
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Living Room
  • Sun or Florida Room
  • Storage In Attic
  • Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 120/240V
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 186986

Community Details

Overview

  • No Home Owners Association
  • Caine Woods Subdivision

Security

  • Complex Is Fenced

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,305

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1991
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Chair Railings, Crown Moldings, Upgraded Countertops, Window Treatments
  • Window Features: Screens
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 217.80
  • Above Grade Finished Sq Ft: 1320
  • 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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • 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
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Zoning: R1
  • In City Limits: Yes

Building Info

  • Building Features: Fencing

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412590
  • Tax Annual Amount: 3305.00
  • Assessor Parcel Number: 186986
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Jun 23, 2018
Sold by
Coldiron Kerry B and Coldiron Candace E
Bought by
Ashman Lawrence F and Ashman Kimberly M
Seller's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
TIMOTHY MEADOWCROFT
Long & Foster Real Estate, Inc.
List Price
$295,000
Sold Price
$266,000
Premium/Discount to List
-$29,000
-9.83%
Current Estimated Value
$529,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,246
Avg. Annual Appreciation
9.81%
Original Mortgage
$121,800
Outstanding Balance
$105,572
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$423,674

Purchase Details

Closed on
May 16, 2013
Sold by
Coldiron Kerry B and Coldiron Candace E
Bought by
Coldiron Kerry B and Coldiron Candace E

Purchase Details

Closed on
Nov 27, 2002
Sold by
Coldiron Kerry B
Bought by
Coldiron Kerry B and Leonard Candace

Purchase Details

Closed on
Aug 31, 1998
Sold by
Herbert Schwab Jay and Seek Maria
Bought by
Goldiron Kerry B
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
Ashman Lawrence F $266,000 Sage Title Group Llc
Coldiron Kerry B -- None Available
Coldiron Kerry B -- --
Goldiron Kerry B $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashman Lawrence F $121,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2018 06/23/18 Sold $266,000 -7.5% $202 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $287,500 -2.5% $218 / Sq Ft
01/11/2018 01/11/18 For Sale $295,000 -- $223 / 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 $5,179 $379,267 $0 $0
2024 $4,418 $316,633 $0 $0
2023 $3,570 $254,000 $142,700 $111,300
2022 $3,453 $245,733 $0 $0
2021 $3,356 $237,467 $0 $0
2020 $3,238 $229,200 $142,700 $86,500
2019 $3,261 $229,200 $142,700 $86,500
2018 $3,228 $229,200 $142,700 $86,500
2017 $3,269 $234,000 $0 $0
2016 -- $230,233 $0 $0
2015 $2,919 $226,467 $0 $0
2014 $2,919 $222,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001558322

Bright MLS

APN: 10-186986