$426,000
SOLD FEB 21, 2022

731 Anchor Chain Rd Ocean City, MD 21842

3 Beds
1.5 Baths
1,248 Sq Ft
4,500 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

7% Above List Price

5 Days on Market

Highlights

  • A-Frame Home
  • Wood Burning Stove
  • Property is in very good condition
  • Ocean City Elementary School Rated A
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of April 2023

**** Coming Soon**** Wonderful Single Family home with great rental history! This home has the open floorplan with Soaring Vaulted Ceilings and fully furnished. NO HOA FEE'S !!! This is truly a wow property!!

Last Agent to Sell the Property

Catherine Watson - Bye

(410) 375-8070 Cathie@executiveagent.net RE/MAX Executive Listed on: 11/11/2021

Last Buyer's Agent

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256

Atlantic Shores Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1982

Lot Details

  • 4,500 Sq Ft Lot
  • Property is in very good condition

Parking

  • Driveway

Home Design

  • A-Frame Home

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Stove
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 81B
  • Assessor Parcel Number 2410187346

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,544

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-11-11
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: **** Coming Soon**** Wonderful Single Family home with great rental history! This home has the open floorplan with Soaring Vaulted Ceilings and fully furnished. NO HOA FEE'S !!! This is truly a wow property!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 320.43
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 731

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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, Below Grade
  • 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: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Wood
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3544.00
  • Assessor Parcel Number: 2410187346
  • Tax Lot: 81B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/21/2022

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:

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Average Value
Not Available
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 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

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Map

Source: Bright MLS

MLS Number: MDWO2003030

Bright MLS

APN: 10-187346