Google street view image for 720 Rusty Anchor Rd Unit 40C, Ocean City, MD 21842

Off Market Feb 1986 for $58K

$306,163

Est. refi paymentEst. refi $386/mo

—

•

1 ba

•

624

sq ft

720 Rusty Anchor Rd Unit 40C, Ocean City, MD 21842

About this home

720 Rusty Anchor Rd Unit 40C is a 624 square foot condo with 1 bathroom. - it last sold on February 26, 1986 for $58,800. Based on Redfin's Ocean City data, we estimate the home's value is $306,163.

CondoProperty Type

1980Year Built

$491Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$306,163

$247K since sold in February 1986$23K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.3% higher than the average sale price ($288K) of 6 comparable homes.

SOLD JUN 26, 2026
$270,000
A
1 bed1.5 baths624 sq ft
720 Rusty Anchor Rd Unit 39C, Ocean City, MD 21842
SOLD AUG 14, 2026
$325,000
B
1 bed1 bath606 sq ft
778 94th St #205, Ocean City, MD 21842
SOLD JUL 17, 2026
$322,000
C
1 bed1 bath606 sq ft
778 94th St #215, Ocean City, MD 21842
SOLD DEC 12, 2025
$263,000
D
1 bed1 bath624 sq ft
720 Rusty Anchor Rd Unit 41C, Ocean City, MD 21842
SOLD MAY 20, 2026
$309,000
E
1 bed1.5 baths812 sq ft
616 Salt Spray Rd #6, Ocean City, MD 21842
SOLD OCT 14, 2025
$239,000
F
1 bed1.5 baths624 sq ft
720 Rusty Anchor Rd Unit 36C RUSTY ANCHOR, Ocean City, MD 21842

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Earn from this home

Sell

$286,505

Est. take-home

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Refinance

Est. cash available

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Market trends in 21842, MD

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.3%

0.1% MoM

Median sale price

$420K

$345 MoM

Avg. days on market

72d

2 days MoM

Recently sold homes

324

26 MoM

New listings for sale

$439,000
1 bed1 bath874 sq ft
3001 Atlantic Ave #506, Ocean City, MD 21842
(410) 723-7070
COMING SOON
$500,000
3 beds3 baths1,890 sq ft
8901 Rusty Anchor Rd Unit C, Ocean City, MD 21842
(410) 524-6400
NEW 28 HRS AGO
$489,900
3 beds2 baths1,297 sq ft
901 Philadelphia Ave #303, Ocean City, MD 21842
(410) 524-7000
NEW 31 HRS AGO
$999,900
5 beds4.5 baths2,378 sq ft
25 Beach Walk Ln Unit 25Q, Ocean City, MD 21842
(301) 252-6385
VIDEO TOUR
$749,900
3 beds2 baths1,292 sq ft
6401 Atlantic Ave #404, Ocean City, MD 21842
(410) 723-3600
COMING SOON
$419,900
2 beds2 baths945 sq ft
302 32nd St #406, Ocean City, MD 21842
(443) 856-2211
COMING SOON
$299,000
1 bed1 bath698 sq ft
103 123rd St Unit 314A1, Ocean City, MD 21842
(410) 723-7070
$524,900
2 beds2 baths1,090 sq ft
11000 Coastal Hwy #1705, Ocean City, MD 21842
(410) 723-7070
$295,000
1 bed1 bath525 sq ft
8 36th St #102, Ocean City, MD 21842
(410) 524-6400
$549,000
2 beds2 baths825 sq ft
10900 Coastal Hwy #1615, Ocean City, MD 21842
(410) 524-8111
See all

Provided by Redfin

Sale history for 720 Rusty Anchor Rd Unit 40C

Year

Property tax

Land + Additions

Assessment*

2026

$3,890 (+18.9%)

$143,500 + $143,500

$287,000

2025

$3,271 (+22.0%)

$143,500 + $143,500

$287,000

2024

$2,681 (+31.8%)

2023

$2,034

$72,300 + $72,400

$144,700

2022

$2,034 (−0.5%)

$72,300 + $72,400

$144,700

2021

$2,045

$72,300 + $72,400

$144,700

2020

$2,044 (−0.4%)

$72,300 + $72,400

$144,700

2019

$2,053 (+1.0%)

$72,300 + $72,400

$144,700

2018

$2,033 (+0.3%)

2017

$2,027 (+8.6%)

$71,700 + $71,800

$143,500

2016

$1,867 (+10.7%)

2015

$1,687 (−0.2%)

$62,400 + $62,400

$124,800

2014

$1,690 (+1.0%)

2013

$1,673 (−33.9%)

2012

$2,531

2011

$2,531 (+49.1%)

2010

$1,698 (−39.3%)

2009

$2,797

Tax history for 720 Rusty Anchor Rd Unit 40C

Year

Property tax

Land + Additions

Assessment*

2026

$3,890 (+18.9%)

$143,500 + $143,500

$287,000

2025

$3,271 (+22.0%)

$143,500 + $143,500

$287,000

2024

$2,681 (+31.8%)

2023

$2,034

$72,300 + $72,400

$144,700

2022

$2,034 (−0.5%)

$72,300 + $72,400

$144,700

2021

$2,045

$72,300 + $72,400

$144,700

2020

$2,044 (−0.4%)

$72,300 + $72,400

$144,700

2019

$2,053 (+1.0%)

$72,300 + $72,400

$144,700

2018

$2,033 (+0.3%)

2017

$2,027 (+8.6%)

$71,700 + $71,800

$143,500

2016

$1,867 (+10.7%)

2015

$1,687 (−0.2%)

$62,400 + $62,400

$124,800

2014

$1,690 (+1.0%)

2013

$1,673 (−33.9%)

2012

$2,531

2011

$2,531 (+49.1%)

2010

$1,698 (−39.3%)

2009

$2,797

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

Zoning

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

Interior

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Air Conditioning Type: Split System
Heating Type: Heat Pump

Fireplace Information
# of Fireplaces: 1
Fireplace Type: 2 Story Frame
Has Fireplace

Exterior

Exterior Information
Building Style Type: Condominium
Exterior Wall: Frame
Building Type: Condo Townhouse

Property Information
Subdivision Name: RUSTY ANCHOR CM
Living Sq. Ft: 624
Building Sq. Ft: 624
Legal Description: U 40 B C RUSTY ANCHOR RD RUSTY ANCHOR CM

Lot Information
# of Buildings: 1
Land Sq. Ft: 277
Legal Lot Number: 40
Legal Block Number: C
Municipality Name: OCEAN CITY
Acres: 0.0064
Zoning Code: R3
State Use Description: RESID CONDO

Location Information
Parcel Location Influence: Waterfront

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2026
Tax District County: 10

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 624
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1980
Year Renovated: —
County: Worcester County
APN: 10 098645

Home facts updated by county records on Aug 21, 2026

Around this home

Schools

Ocean City Elementary School

Public PreK-4 • Assigned • 4.7mi

10/10

Stephen Decatur Middle School

Public 7-8 • Assigned • 8.2mi

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

9/10 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

$291,000 – $353,000

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Nearby similar homes

$524,900

2 beds2 baths1,090 sq ft

11000 Coastal Hwy #1705, Ocean City, MD 21842

(410) 723-7070

$554,000

3 beds2.5 baths1,476 sq ft

11611 Windward Dr Unit E, Ocean City, MD 21842

(410) 220-5745

$320,000

— beds1 bath453 sq ft

10900 Coastal Hwy #1205, Ocean City, MD 21842

(410) 524-7000

$310,000

2 beds2 baths832 sq ft

170 Captains Quarters Rd #204, Ocean City, MD 21842

(410) 524-6400

3D WALKTHROUGH

$262,900

1 bed1 bath820 sq ft

132 Jamestown Rd #4, Ocean City, MD 21842

(443) 552-7579

VIDEO TOUR

$459,900

2 beds2 baths1,020 sq ft

8500 Coastal Hwy #1108, Ocean City, MD 21842

(410) 723-3600

New listings for sale in 21842

$439,000

1 bed1 bath874 sq ft

3001 Atlantic Ave #506, Ocean City, MD 21842

(410) 723-7070

COMING SOON

$500,000

3 beds3 baths1,890 sq ft

8901 Rusty Anchor Rd Unit C, Ocean City, MD 21842

(410) 524-6400

NEW 28 HRS AGO

$489,900

3 beds2 baths1,297 sq ft

901 Philadelphia Ave #303, Ocean City, MD 21842

(410) 524-7000

NEW 31 HRS AGO

$999,900

5 beds4.5 baths2,378 sq ft

25 Beach Walk Ln Unit 25Q, Ocean City, MD 21842

(301) 252-6385

VIDEO TOUR

$749,900

3 beds2 baths1,292 sq ft

6401 Atlantic Ave #404, Ocean City, MD 21842

(410) 723-3600

COMING SOON

$419,900

2 beds2 baths945 sq ft

302 32nd St #406, Ocean City, MD 21842

(443) 856-2211

COMING SOON

$299,000

1 bed1 bath698 sq ft

103 123rd St Unit 314A1, Ocean City, MD 21842

(410) 723-7070

$524,900

2 beds2 baths1,090 sq ft

11000 Coastal Hwy #1705, Ocean City, MD 21842

(410) 723-7070

$295,000

1 bed1 bath525 sq ft

8 36th St #102, Ocean City, MD 21842

(410) 524-6400

Home values near 720 Rusty Anchor Rd Unit 40C

Data from public records.

Address	Redfin Estimate
5 Rusty Anchor Road Unit 5, Ocean City, MD 3 Beds \| 3.5 Baths \| - Sq. Ft.	$580,802
720 Rusty Anchor Road Unit 35C, Ocean City, MD 1 Beds \| 1 Baths \| 624 Sq. Ft.	$289,528

Address	Redfin Estimate
720 Rusty Anchor Road Unit 39C, Ocean City, MD 1 Beds \| 1.5 Baths \| 624 Sq. Ft.	$327,887
720 Rusty Anchor Road Unit 46C, Ocean City, MD - Beds \| 1 Baths \| 624 Sq. Ft.	$289,311

Address	Redfin Estimate
720 Rusty Anchor Road Unit 36C, Ocean City, MD - Beds \| 1 Baths \| 624 Sq. Ft.	$319,221
720 Rusty Anchor Road Unit 41C, Ocean City, MD 1 Beds \| 1 Baths \| 624 Sq. Ft.	$317,878

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