$229,500
SOLD AUG 31, 2017

9203 Rusty Anchor Rd Ocean City, MD 21842

3 Beds
2 Baths
1,158 Sq Ft
$225/mo HOA Fee

Recently Sold

$198 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Primary bedroom faces the bay
  • 1 Boat Dock
  • Home fronts navigable water
  • Ocean City Elementary School Rated A
  • Pier or Dock
  • Water Access

About This Home

As of April 2019

A fantastic value for Ocean City! Bay view, top floor, 3 bedroom + loft. Several recent upgrades including carpet and paint. Exterior of the building has been well maintained and boasts recent upgrades. Coveys fully furnished! Condo Association has a boat slip that can be rented. Ask agent for more details on opportunity in the future to have a dedicated boat slip.

Last Agent to Sell the Property

Jonathan Barker

Keller Williams Realty Delmarva License #618143 Listed on: 07/18/2017

Keller Williams Realty Delmarva

Last Buyer's Agent

Melanie Shoff

Coastal Life Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Cleared Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,158 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Canal Views
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the bay
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • 1 Boat Dock
  • Balcony
  • Deck
  • Storage Shed
  • Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot A5
  • Assessor Parcel Number 098564

Community Details

Overview

  • 24 Units
  • Condominium Association
  • Low-Rise Condominium
  • Discovery One Community

Recreation

  • Pier or Dock

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,657

Year Built

Built in 1975

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Remarks Public: A fantastic value for Ocean City! Bay view, top floor, 3 bedroom + loft. Several recent upgrades including carpet and paint. Exterior of the building has been well maintained and boasts recent upgrades. Coveys fully furnished! Condo Association has a boat slip that can be rented. Ask agent for more details on opportunity in the future to have a dedicated boat slip.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 3
  • Interior Amenities: Entry Level Bedroom, Primary Bedroom - Bay Front, Ceiling Fan(s), Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Screens
  • Door Features: Storm
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Pilings, Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1158
  • Living Area Sq Ft: 1158
  • Price Per Sq Ft: 202.85
  • Above Grade Finished Sq Ft: 1158
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9203

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Fiber Cement, Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Off Street, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2700.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA Name: CONDOMINIUM ASSOCIATION
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5405172
  • Assessor Parcel Number: 098564
  • Tax Lot: A5
  • County Tax Payment Frequency: Annually
  • Close Date: 08/31/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Apr 12, 2019
Sold by
Decesaris Christopher C
Bought by
Kapp Marc Andrew and Kapp Amanda Lynn
Seller's Agent
Melanie Shoff
Coastal Life Realty Group LLC
Buyer's Agent
Katie Quinn
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$255,000
Sold Price
$248,000
Premium/Discount to List
-$7,000
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$198,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2017
Closed on
Aug 31, 2017
Sold by
Dunn Kenneth R and Dunn Mary
Bought by
Decesaris Christopher C
Seller's Agent
Jonathan Barker
Keller Williams Realty Delmarva
Buyer's Agent
Melanie Shoff
Coastal Life Realty Group LLC
List Price
$234,900
Sold Price
$229,500
Premium/Discount to List
-$5,400
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$206,550
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1991
Sold by
Collins Collins D and Collins Patricia I
Bought by
Dunn Kenneth R and Dunn Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.76%

Purchase Details

Closed on
Mar 21, 1988
Sold by
Pitman Lawrence C
Bought by
Collins Collins D and Collins Patricia I
Source: Public Records

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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 $248,000 Capitol Title Ins Agcy
Deed $229,500 Ocean Investment Title Corp
Deed $80,000 --
Deed $72,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,000 New Conventional
Closed $198,400 New Conventional
Previous Owner $206,550 New Conventional
Previous Owner $53,770 Stand Alone Second
Previous Owner $64,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $445,000 +79.4% $384 / Sq Ft
04/12/2019 04/12/19 Sold $248,000 -2.7% $214 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $255,000 +11.1% $220 / Sq Ft
08/31/2017 08/31/17 Sold $229,500 -2.3% $198 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $234,900 -- $203 / 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 $3,657 $284,433 $0 $0
2024 $3,657 $262,067 $0 $0
2023 $3,369 $239,700 $119,800 $119,900
2022 $3,276 $233,133 $0 $0
2021 $3,202 $226,567 $0 $0
2020 $3,108 $220,000 $110,000 $110,000
2019 $3,130 $220,000 $110,000 $110,000
2018 $3,099 $220,000 $110,000 $110,000
2017 $3,014 $230,400 $0 $0
2016 -- $212,267 $0 $0
2015 $2,112 $194,133 $0 $0
2014 $2,112 $176,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000516346

Bright MLS

APN: 10-098564