$172,724
SOLD SEP 20, 2016

731 Anchor Chain Rd Ocean City, MD 21842

3 Beds
1.5 Baths
1,332 Sq Ft
4,500 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

9% Above List Price

Highlights

  • Contemporary Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Ocean City Elementary School Rated A
  • Living Room

About This Home

As of April 2023

Auction property. 4.5% Buyer Premium charged buyer at closing. No inspection contingency accepted. REO Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional, 203k offers only. No water activation allowed. Buyer pays entire transfer tax.

Last Agent to Sell the Property

David Sweeney

david.sweeney@rhss.com RealHome Services and Solutions, Inc. Listed on: 08/11/2016

Last Buyer's Agent

Jana Meredith

(443) 235-3404 jana@goeaston.net Meredith Fine Properties License #631316

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,402

Year Built

  • Built in 1982

Lot Details

  • 4,500 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Shingle Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • Property has 2 Levels
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Schools

  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 2410187346

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,402

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1982
  • Remarks Public: Auction property. 4.5% Buyer Premium charged buyer at closing. No inspection contingency accepted. REO Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional, 203k offers only. No water activation allowed. Buyer pays entire transfer tax.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1332
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 119.37
  • Above Grade Finished Sq Ft: 1332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 731

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shingle Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • School District Key: 121138066543
  • High School: STEPHEN DECATUR

Lot Info

  • Improvement Assessed Value: 100900.00
  • Land Assessed Value: 150700.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412622
  • Tax Annual Amount: 3401.95
  • Assessor Parcel Number: 2410187346
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 09/20/2016

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 21, 2022
Sold by
Zucco Marc D
Bought by
Payan Michael and Payan Maria Ann
Seller's Agent
Catherine Watson - Bye
RE/MAX Executive
Buyer's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
List Price
$399,900
Sold Price
$426,000
Premium/Discount to List
$26,100
6.53%
Current Estimated Value
$525,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,292
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
Jan 3, 2019
Closed on
Apr 5, 2019
Sold by
Landay Properties Llc
Bought by
Zucco Marc D and Zucco Julia A
Seller's Agent
Lois Alberti
Alberti Realty, LLC
Buyer's Agent
Kathy Opatka
RE/MAX Advantage Realty
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.80%
Original Mortgage
$161,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 9, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Landay Properties Llc
Seller's Agent
David Sweeney
RealHome Services and Solutions, Inc.
Buyer's Agent
Jana Meredith
Meredith Fine Properties
List Price
$159,000
Sold Price
$172,724
Premium/Discount to List
$13,724
8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Jun 23, 2016
Sold by
Dabrowski Sylwester W and Dabrowski Sylvester W
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 24, 2005
Sold by
Huseman Harry B
Bought by
Dabrowski Sylvester W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2003
Sold by
Pittenger Duane A and Pittenger Wanda M
Bought by
Huseman Harry B and Huseman Sharon A

Purchase Details

Closed on
Mar 15, 1996
Sold by
Hodge Christopher B and Hodge Michael G
Bought by
Pittenger Duane A and Pittenger Wanda M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $426,000 First American Title
Deed $215,000 United Title & Escrow Inc
Special Warranty Deed $172,724 None Available
Trustee Deed $191,701 Attorney
Deed $339,000 --
Deed $245,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $161,250 New Conventional
Previous Owner $271,200 Adjustable Rate Mortgage/ARM
Previous Owner $67,800 Stand Alone Second
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2025 09/24/25 Price Changed $514,900 +20.0% $330 / Sq Ft
04/14/2023 04/14/23 Sold $429,000 0.0% $275 / Sq Ft
03/03/2023 03/03/23 For Sale $429,000 +0.7% $275 / Sq Ft
02/21/2022 02/21/22 Sold $426,000 +6.5% $341 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $399,900 +86.0% $320 / Sq Ft
04/05/2019 04/05/19 Sold $215,000 0.0% $172 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $215,000 0.0% $172 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $215,000 +24.5% $172 / Sq Ft
09/20/2016 09/20/16 Sold $172,724 +8.6% $130 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $159,000 -- $119 / 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 $4,359 $362,733 $0 $0
2024 $4,359 $312,367 $0 $0
2023 $3,682 $262,000 $142,700 $119,300
2022 $3,630 $258,300 $0 $0
2021 $3,598 $254,600 $0 $0
2020 $3,559 $250,900 $142,700 $108,200
2019 $3,569 $250,900 $142,700 $108,200
2018 $3,534 $250,900 $142,700 $108,200
2017 $3,481 $251,600 $0 $0
2016 -- $245,167 $0 $0
2015 $3,243 $238,733 $0 $0
2014 $3,243 $232,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003752479

Bright MLS

APN: 10-187346