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722 Anchor Chain Rd

Ocean City, MD 21842

2 bd 2 ba 905 sqft Built 1985 condos
Most recent sale
$335,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2023 Sold $362,500 BrightMLS
Aug 1, 2022 Sold $335,000 MLS #MDWO2009156
Jul 14, 2022 Listed $339,900 MLS #MDWO2009156
Jun 5, 2015 Sold $106,000 MLS #495590
Apr 27, 2015 Price changed $104,900 MLS #495590
Mar 26, 2015 Price changed $114,900 MLS #495590
Feb 25, 2015 Listed $121,500 MLS #495590
Aug 29, 1995 Sold $63,500 Public Record
Aug 17, 1995 Sold $63,500 BrightMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $66,200 $66,100 $132,300 $1,859
2021 $66,200 $66,100 $132,300 $1,870
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 $2,055
2013 $151,800 $2,035
2012 $151,800 $1,395
2011 $176,170 $1,345
2010 $176,170 $885

Property facts

Year built
1985
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
905 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Anchor Chain Rd
Coordinates
38.45102, -75.06359

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
4.86%
Implied cap rate
3.16%
Trend-extrapolated value

Frequently asked questions

When did 722 Anchor Chain Rd last sell?
722 Anchor Chain Rd most recently sold on Aug 1, 2022 for $335,000.
What is the current tax assessment for 722 Anchor Chain Rd?
The most recent total assessment for 722 Anchor Chain Rd (year 2022) is $132,300 with $1,859 in property tax.
How does 722 Anchor Chain Rd's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $335,000.
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 condos.
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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