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722 Anchor Chain Rd

Ocean City, MD 21842

2 bd 2 ba 905 sqft Built 1985 townhomes
Most recent sale
$297,500
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $297,500 MLS #MDWO2006924
Apr 10, 2022 Price changed $297,500 MLS #MDWO2006924
Apr 7, 2022 Listed $275,000 MLS #MDWO2006924
Feb 28, 2019 Sold $17,100 MLS #MDWO102236
Jan 10, 2019 Listed $169,900 MLS #MDWO102236
May 24, 2017 Sold $145,000 MLS #487923
Dec 16, 2015 Sold $145,000 Public Record
Jan 2, 2014 Listed $159,900 MLS #487923
Nov 22, 2010 Sold $170,000 Public Record
Oct 22, 2010 Listing removed $175,000 Coastal
Aug 2, 2010 Price changed $189,000 MLS #461612
Jun 17, 2010 Price changed $199,999 MLS #461612
Mar 23, 2010 Price changed $219,900 MLS #461612
Oct 19, 2009 Listed $224,900 MLS #461612
Jul 7, 2006 Sold $195,000 Public Record
Aug 8, 1995 Sold $62,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,100 $3,060
2024 $224,100 $2,486
2022 $66,200 $66,100 $132,300 $1,859
2021 $66,200 $66,100 $132,300 $1,869
2020 $66,200 $66,100 $132,300 $1,869
2019 $126,900 $1,805
2018 $121,500 $1,716
2017 $58,100 $58,000 $116,100 $1,640
2016 $58,100 $58,000 $116,100 $1,648
2015 $58,100 $58,000 $116,100 $1,654
2014 $75,900 $75,900 $151,800 $2,052
2013 $151,800 $2,055
2012 $151,800 $2,034
2011 $176,170 $2,114
2010 $176,170 $2,114
2009 $176,170 $1,418
2008 $176,170 $2,099

Property facts

Year built
1985
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
905 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Anchor Chain Rd
Coordinates
38.45093, -75.06352

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,358
Gross rental yield
5.48%
Implied cap rate
3.56%
Trend-extrapolated value

Frequently asked questions

When did 722 Anchor Chain Rd last sell?
722 Anchor Chain Rd most recently sold on May 11, 2022 for $297,500.
What is the current tax assessment for 722 Anchor Chain Rd?
The most recent total assessment for 722 Anchor Chain Rd (year 2025) is $224,100 with $3,060 in property tax.
How does 722 Anchor Chain Rd's assessment compare to its last sale price?
The current assessment is 24.7% below the last sale price of $297,500.
When was 722 Anchor Chain Rd built?
722 Anchor Chain Rd was built in 1985.
How does 722 Anchor Chain Rd compare to others on Anchor Chain Rd?
We track 8 other properties on Anchor Chain Rd. Browse the list under "Other properties on Anchor Chain Rd" to compare beds, baths, and sale history.
What are the property facts for 722 Anchor Chain Rd?
722 Anchor Chain Rd is a 2 bed, 2 bath, 905 sqft townhomes.
Is 722 Anchor Chain Rd a flip candidate?
No — 722 Anchor Chain Rd does not appear in our flips dataset.
Is 722 Anchor Chain Rd a tax-appeal candidate?
No — 722 Anchor Chain Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast

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