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720 Rusty Anchor Rd

Ocean City, MD 21842

1 bd 1 ba 624 sqft Built 1980 condos
Most recent sale
$210,000
Feb 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 8, 2025 Price changed for rent $1,250 BrightMLS
Oct 13, 2025 Listed for rent $1,500 BrightMLS
May 5, 2023 Sold $290,000 BrightMLS
Mar 30, 2023 Listed $289,000 BrightMLS
Oct 4, 2022 Price changed $289,000 MLS #MDWO2009910
Sep 26, 2022 Price changed $299,000 MLS #MDWO2009910
Sep 8, 2022 Listed $325,000 MLS #MDWO2009910
Feb 19, 2021 Sold $210,000 MLS #MDWO118572
Nov 21, 2020 Listed $210,000 MLS #MDWO118572
May 24, 2017 Sold $125,000 MLS #502696
Jun 3, 2016 Sold $125,000 Public Record
Mar 17, 2016 Listed $129,900 MLS #502696
Oct 27, 1988 Sold $70,000 Public Record
Jan 29, 1985 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $72,400 $72,300 $144,700 $2,033
2021 $72,400 $72,300 $144,700 $2,045
2020 $72,400 $72,300 $144,700 $2,044
2019 $144,300 $2,053
2018 $143,900 $2,033
2017 $71,800 $71,700 $143,500 $2,027
2016 $137,267 $1,444
2015 $131,033 $597
2014 $62,400 $62,400 $124,800 $546
2013 $124,800 $493
2012 $124,800 $488
2011 $210,910 $482
2010 $210,910 $92

Property facts

Year built
1980
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
624 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Rusty Anchor Rd
Coordinates
38.40741, -75.06945

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
$936
Gross rental yield
5.35%
Implied cap rate
3.48%
Trend-extrapolated value

Frequently asked questions

When did 720 Rusty Anchor Rd last sell?
720 Rusty Anchor Rd most recently sold on Feb 19, 2021 for $210,000.
What is the current tax assessment for 720 Rusty Anchor Rd?
The most recent total assessment for 720 Rusty Anchor Rd (year 2022) is $144,700 with $2,033 in property tax.
How does 720 Rusty Anchor Rd's assessment compare to its last sale price?
The current assessment is 31.1% below the last sale price of $210,000.
When was 720 Rusty Anchor Rd built?
720 Rusty Anchor Rd was built in 1980.
How does 720 Rusty Anchor Rd compare to others on Rusty Anchor Rd?
We track 8 other properties on Rusty Anchor Rd. Browse the list under "Other properties on Rusty Anchor Rd" to compare beds, baths, and sale history.
What are the property facts for 720 Rusty Anchor Rd?
720 Rusty Anchor Rd is a 1 bed, 1 bath, 624 sqft condos.
Is 720 Rusty Anchor Rd a flip candidate?
No — 720 Rusty Anchor Rd does not appear in our flips dataset.
Is 720 Rusty Anchor Rd a tax-appeal candidate?
No — 720 Rusty Anchor 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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