OFF MARKET

Off Market Jul 2020 for $168K

$364,217

Est. refi paymentEst. refi $1,103/mo

•

1,184

sq ft

701 Rusty Anchor Rd #23, Ocean City, MD 21842

About this home

TownhomeProperty Type

1981Year Built

$308Est. Price/Sq.Ft.

2 spacesParking

Listed by Lee Eder • RE/MAX American Dream

•410-638-0200 (broker)

Bought with Jessica Lynch • Coldwell Banker Realty

•443-856-2211 (broker)

Redfin checked: a few seconds ago

•Source:BRIGHT MLS #MDWO112490

Redfin Estimate

$364,217

$196K since sold in July 2020$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21.9% lower than the average sale price ($467K) of 6 comparable homes.

SOLD JAN 16, 2026
$405,000
A
2 beds2 baths1,184 sq ft
701 Rusty Anchor Rd #17, Ocean City, MD 21842
SOLD JUN 15, 2026
$389,000
B
2 beds2 baths1,132 sq ft
731 Mooring Rd Unit 210 BARBADOS SUN, Ocean City, MD 21842
SOLD JUL 21, 2026
$505,000
C
2 beds2 baths1,078 sq ft
7901 Coastal Hwy Unit A40401, Ocean City, MD 21842
SOLD APR 9, 2026
$555,500
D
2 beds2 baths1,130 sq ft
772 94th St Unit A, Ocean City, MD 21842
SOLD MAR 12, 2026
$480,000
E
2 beds2 baths1,039 sq ft
8 89th St #203, Ocean City, MD 21842
SOLD MAY 31, 2026
$465,000
F
2 beds2.5 baths1,120 sq ft
9307 Chesapeake Dr Unit A1301, Ocean City, MD 21842

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Earn from this home

Sell

$223,226

Est. take-home

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Refinance

Est. cash available

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Rent

$2,172/mo

Redfin rental estimate

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Market trends in 21842, MD

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.2%

0.1% MoM

Median sale price

$425K

$5K MoM

Avg. days on market

78d

7 days MoM

Recently sold homes

306

11 MoM

New listings for sale

$574,900
2 beds2 baths888 sq ft
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2815 Tern Dr #21602, Ocean City, MD 21842
(410) 520-2600
OPEN SUN, 10AM TO 12PM
$1,295,000
6 beds3 baths2,128 sq ft
13 79th St, Ocean City, MD 21842
(302) 539-0800
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2 beds2 baths1,276 sq ft
8105 Atlantic Ave #604, Ocean City, MD 21842
(443) 552-7579
COMING SOON
$529,900
3 beds2 baths1,064 sq ft
10 84th St #3, Ocean City, MD 21842
(443) 992-4990
NEW 13 HRS AGO
$629,990
3 beds3 baths1,706 sq ft
4601-A Coastal Hwy #202, Ocean City, MD 21842
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COMING SOON
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8800 Coastal Hwy #607, Ocean City, MD 21842
(443) 552-7579
OPEN SUN, 11AM TO 1PM
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2 beds2 baths936 sq ft
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(302) 539-2900
COMING SOON
$435,000
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12 63rd St #205, Ocean City, MD 21842
(302) 360-0300
COMING SOON
$375,000
2 beds2 baths840 sq ft
4711 Coastal Hwy #243, Ocean City, MD 21842
(443) 552-7579
See all

Provided by Redfin

Sale history for 701 Rusty Anchor Rd #23

Date

Event

Price

BRIGHT MLS #MDWO112490

Jul 2, 2020

Sold

$168,000

$142/sq ft

Jun 15, 2020

Pending

—

Jun 14, 2020

Price Changed

$177,000

$149/sq ft

Feb 28, 2020

Listed

$189,900

$160/sq ft

BRIGHT MLS #1000798244

May 28, 2009

Listing Removed

—

May 27, 2009

Listed

$239,000

$202/sq ft

BRIGHT MLS #1000577372

May 17, 1997

Sold

$79,500

$67/sq ft

Jan 4, 1997

Listed

$79,500

$67/sq ft

Public Records

Jan 30, 1990

Sold

$73,000

$62/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$3,530 (+10.5%)

$130,200 + $130,200

$260,400

2025

$3,195 (+10.3%)

$130,200 + $130,200

$260,400

2024

$2,896 (+13.8%)

2023

$2,545

$90,500 + $90,600

$181,100

2022

$2,545 (−0.5%)

$90,500 + $90,600

$181,100

2021

$2,559

$90,500 + $90,600

$181,100

2020

$2,559 (+3.1%)

$90,500 + $90,600

$181,100

2019

$2,481 (+4.7%)

$90,500 + $90,600

$181,100

2018

$2,369 (+4.2%)

2017

$2,274 (−0.9%)

$80,500 + $80,500

$161,000

2016

$2,294 (+5.4%)

$80,500 + $80,500

$161,000

2015

$2,177 (−0.1%)

$80,500 + $80,500

$161,000

2014

$2,180 (+1.0%)

2013

$2,158 (−3.2%)

2012

$2,231

2011

$2,231 (+49.1%)

2010

$1,496 (−36.1%)

2009

$2,343

Tax history for 701 Rusty Anchor Rd #23

Year

Property tax

Land + Additions

Assessment*

2026

$3,530 (+10.5%)

$130,200 + $130,200

$260,400

2025

$3,195 (+10.3%)

$130,200 + $130,200

$260,400

2024

$2,896 (+13.8%)

2023

$2,545

$90,500 + $90,600

$181,100

2022

$2,545 (−0.5%)

$90,500 + $90,600

$181,100

2021

$2,559

$90,500 + $90,600

$181,100

2020

$2,559 (+3.1%)

$90,500 + $90,600

$181,100

2019

$2,481 (+4.7%)

$90,500 + $90,600

$181,100

2018

$2,369 (+4.2%)

2017

$2,274 (−0.9%)

$80,500 + $80,500

$161,000

2016

$2,294 (+5.4%)

$80,500 + $80,500

$161,000

2015

$2,177 (−0.1%)

$80,500 + $80,500

$161,000

2014

$2,180 (+1.0%)

2013

$2,158 (−3.2%)

2012

$2,231

2011

$2,231 (+49.1%)

2010

$1,496 (−36.1%)

2009

$2,343

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,184

Year built

1981

Style

Condo/Co-op

County

Worcester County

APN

10 202841

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 21, 2026.

R-2

Medium Residential District

The purpose of this district is to encourage a durable and attractive vacation-living environment which includes variety in housing types but constructed in a relatively spacious form without the tall buildings, intense use of land and commercial services permitted in the R-3 general residential district. Detached cottages, townhouses, and other vacation-residential accommodations are permitted, while height is limited to five stories, density of living units is medium and commercial facilities are limited to a few needed accessory uses.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Student
Hotel / motel
Fire house
Police station

Property details

Parking

Parking Information
# of Open Parking Spaces: 2
Parking Lot

Interior

Bedroom Information
# of Bedrooms On 1st Upper Level: 2

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 2

Interior Information
Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Exhaust Fan, Refrigerator, Stove, Washer/Dryer Stacked
Living Area Sq.Ft. Source: Assessor

Room Information
Living Room, Dining Room, Kitchen, Bathroom 1, Bathroom 2

Basement Information
Basement: No

Exterior

Property Information
Not Federal Flood Zone
Property Manager Present
Total Below Grade Sq. Ft.: 0
Accessibility Features: Other
Irrigation Water Rights
Horse: No
Ownership Interest: Condominium
Year Built Source: Assessor

Building Information
Building Name: Sunset Cove
Construction Materials: Aluminum Siding
Other Structures: Above Grade, Below Grade
Pets Allowed: Yes
Pet Restrictions: Size/Weight Restriction
Roof: Asbestos Shingle
Structure Type: Interior Townhouse/Rowhouse

Pool Information
Community Pool

Lot Information
Lot Size Dimensions: 0.00 x 0.00
Tidal Water: No

Above Grade Information
Finished Sq.Ft.: 1,184
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
City/Town Tax: $843
County Tax: $1,530
Tax Assessed Value: $181,100
Tax Year: 2019
Tax Annual Amount: $2,576

Assessments Information
Year Assessed: 2020

Lease Information
Lease Considered: No

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Cooling Fuel: Electric
200+ Amp Service
Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public

Location

Homeowners Association Information
Condo/Coop Fee: $350
Condo/Coop Fee Frequency: Monthly
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Management
HOA/Condo/Coop Amenities: Pool - Outdoor

School Information
School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent

Location Information
In City Limits
OC Cross Street: 94
Directions: Take 94th Street to Bayside to Rusty Anchor. Sunset Cove
Location Type: Bayside
Municipality: Ocean City

Waterfrontage Information
Water Oriented
Water Body Type: Bay
Water Body Name: bay

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,184
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1981
Year Renovated: —
County: Worcester County
APN: 10 202841

Home facts updated by county records on Aug 21, 2026

About this building

Sorry, but there are no photos available for the building.

No units for sale

701 Rusty Anchor Rd, Ocean City, MD 21842

See photos & sale trends

Photo not available

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

Ocean City Elementary School

Public PreK-4 • Assigned • 4.7mi

10/10

Stephen Decatur Middle School

Public 7-8 • Assigned • 8.3mi

10/10

Stephen Decatur High School

Public 9-12 • Assigned • 8.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 100° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Ocean City, MD • 21842

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 5.5 hours in December, which is comparable to the U.S. average for solar exposure.

9.2 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$347,000 – $419,000

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Home values near 701 Rusty Anchor Rd #23

Data from public records.

Address	Redfin Estimate
700 Rusty Anchor Road Unit 700D, Ocean City, MD - Beds \| 2 Baths \| 1164 Sq. Ft.	$410,566
700 Rusty Anchor Road Unit 700B, Ocean City, MD 3 Beds \| 2 Baths \| 1164 Sq. Ft.	$596,793

Address	Redfin Estimate
700 Rusty Anchor Road Unit 700E, Ocean City, MD 3 Beds \| 2 Baths \| 1164 Sq. Ft.	$474,468
700 Rusty Anchor Road Unit 700A, Ocean City, MD - Beds \| 2 Baths \| 1164 Sq. Ft.	$412,829

Address	Redfin Estimate
700 Rusty Anchor Road Unit 700C, Ocean City, MD - Beds \| 2 Baths \| 1164 Sq. Ft.	$425,639
701 Rusty Anchor Road Unit 21, Ocean City, MD 2 Beds \| 2 Baths \| 1184 Sq. Ft.	$389,370

Property information provided by BRIGHT MLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 21842, MD

Sale history for 701 Rusty Anchor Rd #23

Tax history for 701 Rusty Anchor Rd #23

Public record

Property details

About this building

Unit Information Not Available

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 21842

Home values near 701 Rusty Anchor Rd #23

More real estate resources