OFF MARKET

Off Market May 2023 for $290K

$296,421

Est. refi paymentEst. refi $1,999/mo

•

624

sq ft

720 Rusty Anchor Rd #42, Ocean City, MD 21842

About this home

Rusty Anchor Condo Community very rarely has condos available as they are directly on a canal. Bring your boat. Community lateral boat dock-age!! Plenty of fishing & crabbing to do here. This condo has two levels and the primary bedroom has a loft area along with a deck that overlooks the area in front of the condo. The lower level is nicely done with a kitchen, bathroom and the living area. The living area has a fire place and a deck that over looks the water. This area provides beautiful views of the Assawoman Bay. The condo has a newer washer & dryer along with a newer microwave. Natures wildlife come to visit on some occasions. This condo is enjoyed as a full time condo but it has enormous rental potential as it is on the water, close to popular restaurants and entertainment. Please call at your earliest convenience to view and enjoy this condo for yourself or for excellent rental income.

TownhomeProperty Type

1980Year Built

$475Est. Price/Sq.Ft.

Listed by Anna Montgomery • Long & Foster Real Estate, Inc.

•410-524-1700 (broker)

•stan.zaremba@longandfoster.com (broker)

Bought with Debbie Zyskowski • Keller Williams Realty

•302-360-0300 (broker)

•steve@srarealty.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #MDWO2009910

Redfin Estimate

$296,421

$6,421 since sold in May 2023$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.8% higher than the average sale price ($286K) 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 DEC 12, 2025
$263,000
B
1 bed1 bath624 sq ft
720 Rusty Anchor Rd Unit 41C, Ocean City, MD 21842
SOLD AUG 14, 2026
$325,000
C
1 bed1 bath606 sq ft
778 94th St #205, Ocean City, MD 21842
SOLD OCT 14, 2025
$239,000
D
1 bed1.5 baths624 sq ft
720 Rusty Anchor Rd Unit 36C RUSTY ANCHOR, Ocean City, MD 21842
SOLD JUL 17, 2026
$322,000
E
1 bed1 bath606 sq ft
778 94th St #215, Ocean City, MD 21842
SOLD DEC 5, 2025
$295,000
F
1 bed1 bath666 sq ft
735 Bradley Rd #107, Ocean City, MD 21842

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Earn from this home

Sell

$59,322

Est. take-home

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Refinance

Est. cash available

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Rent

$1,490/mo

Redfin rental estimate

List your home for rent

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

NEW 46 MINS AGO
$540,000
2 beds2 baths1,020 sq ft
8500 Coastal Hwy #602, Ocean City, MD 21842
(302) 539-9040
COMING SOON
$249,900
1 bed1 bath546 sq ft
204 33rd St #20101, Ocean City, MD 21842
(443) 856-2211
COMING SOON
$447,900
1 bed1 bath756 sq ft
7301 Atlantic Ave, Ocean City, MD 21842
(410) 524-0919
VIDEO TOUR
$689,000
3 beds3 baths1,532 sq ft
5901 Atlantic Ave #408, Ocean City, MD 21842
(443) 856-2211
OPEN FRI, 4PM TO 6PM
$799,900
2 beds2 baths1,220 sq ft
8105 Atlantic Ave #205, Ocean City, MD 21842
(443) 292-6767
NEW 15 HRS AGO
$375,000
3 beds1 bath896 sq ft
13601 Wight St Unit 1SB, Ocean City, MD 21842
(410) 524-6400
COMING SOON
$1,675,000
5 beds3 baths2,798 sq ft
12101 Assawoman Dr #410, Ocean City, MD 21842
(302) 360-0300
NEW 21 HRS AGO
$395,000
2 beds2 baths960 sq ft
17 72nd St #19, Ocean City, MD 21842
(240) 219-2422
COMING SOON
$179,000
— beds1 bath274 sq ft
11 62nd St #308, Ocean City, MD 21842
(443) 757-3400
NEW 21 HRS AGO
$285,000
2 beds2 baths864 sq ft
239 Mallard Ln, Ocean City, MD 21842
(443) 552-7579
See all

Provided by Redfin

Sale history for 720 Rusty Anchor Rd #42

Date

Event

Price

BRIGHTMLS #MDWO2033970

Nov 30, 2025

Rental Removed

$1,250

$2/sq ft

Nov 9, 2025

Price Changed

$1,250

$2/sq ft

Oct 14, 2025

Listed for Rent

$1,500

$2/sq ft

BRIGHT MLS #MDWO2009910

May 5, 2023

Sold

$290,000

$465/sq ft

Apr 3, 2023

Contingent

—

Mar 30, 2023

Relisted

—

Oct 27, 2022

Listing Removed

—

Oct 4, 2022

Price Changed

$289,000

$463/sq ft

Sep 26, 2022

Price Changed

$299,000

$479/sq ft

Sep 8, 2022

Listed

$325,000

$521/sq ft

Aug 26, 2022

Coming Soon

$325,000

$521/sq ft

BRIGHT MLS #MDWO118572

Feb 19, 2021

Sold

$210,000

$337/sq ft

Nov 25, 2020

Pending

—

Nov 21, 2020

Listed

$210,000

$337/sq ft

+23

BRIGHT MLS #1000521608

May 27, 2016

Sold

$125,000

$200/sq ft

Mar 17, 2016

Listed

$129,900

$208/sq ft

This is your opportunity to purchase a Waterfront Condo, priced under market and in need of some TLC. Being sold As-is with a 1 year HMS home warranty perfect for your beach get-away. This home is within walking distance to the beach, Restaurant's, shopping, entertainment and Little Salisbury Park. Boat docks are Community Association Owned and considered a Common Element. Owner of Condo Unit 42 is allowed to use dockage area directly behind unit 42 (15'lateral in front of Condo). Call me for more information and a private showing.

Public Records

Oct 27, 1988

Sold

$70,000

$112/sq ft

Public Records

Jan 29, 1985

Sold

$55,000

$88/sq ft

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

$2,033 (−0.6%)

$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 (+239.5%)

$71,700 + $71,800

$143,500

2016

$597 (−54.7%)

2015

$1,317 (+141.4%)

$62,400 + $62,400

$124,800

2014

$546 (+10.6%)

2013

$493 (+1.2%)

2012

$488 (+1.2%)

2011

$482 (+423.8%)

2010

$92 (−90.6%)

2009

$978

Tax history for 720 Rusty Anchor Rd #42

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

$2,033 (−0.6%)

$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 (+239.5%)

$71,700 + $71,800

$143,500

2016

$597 (−54.7%)

2015

$1,317 (+141.4%)

$62,400 + $62,400

$124,800

2014

$546 (+10.6%)

2013

$493 (+1.2%)

2012

$488 (+1.2%)

2011

$482 (+423.8%)

2010

$92 (−90.6%)

2009

$978

*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.

624

Year built

1980

Style

Condo/Co-op

County

Worcester County

APN

10 094119

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
Parking Lot

Interior

Bedroom Information
# of Bedrooms On Main Level: 1

Bathroom Information
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full): 1

Interior Information
Furnished
Living Area Sq.Ft. Source: Assessor

Room Information
Laundry Type: Has Laundry

Fireplace Information
Has Fireplace
# of Fireplaces: 1

Basement Information
Basement: No

Exterior

Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Ownership Interest: Condominium
Year Built Source: Assessor

Building Information
Building Name: Rusty Anchor
Construction Materials: Combination
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Pets Allowed: Yes
Pet Restrictions: Dogs OK, Cats OK
Structure Type: Interior Townhouse/Rowhouse

Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Navigable Water
Water Frontage In Feet: 75

Above Grade Information
Finished Sq.Ft.: 624
Finished Sq.Ft. Source: Assessor

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

Financial

Tax Information
City/Town Tax: $654
County Tax: $1,223
Tax Assessed Value: $144,700
Tax Year: 2023
Tax Annual Amount: $2,040

Assessments Information
Year Assessed: 2023

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Heat Pump(s)
Heating Fuel: Central
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public

Location

Homeowners Association Information
Condo/Coop Fee: $231
Condo/Coop Fee Frequency: Monthly
HOA/Condo/Coop Fee Includes: Lawn Maintenance, Pier/Dock Maintenance, Lawn Care Rear, Insurance

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

Location Information
In City Limits
OC Cross Street: 94
Directions: Coastal Highway to 94th St. Turn toward the bay. Straight until 720 Rusty Anchor.
Municipality: Ocean City

Waterfrontage Information
Water Access
On Waterfront
Water Oriented
Water Body Type: Canal

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 094119

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

$282,000 – $341,000

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Nearby similar homes

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NEW CONSTRUCTION

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New listings for sale in 21842

NEW 46 MINS AGO

$540,000

2 beds2 baths1,020 sq ft

8500 Coastal Hwy #602, Ocean City, MD 21842

(302) 539-9040

COMING SOON

$249,900

1 bed1 bath546 sq ft

204 33rd St #20101, Ocean City, MD 21842

(443) 856-2211

COMING SOON

$447,900

1 bed1 bath756 sq ft

7301 Atlantic Ave, Ocean City, MD 21842

(410) 524-0919

VIDEO TOUR

$689,000

3 beds3 baths1,532 sq ft

5901 Atlantic Ave #408, Ocean City, MD 21842

(443) 856-2211

OPEN FRI, 4PM TO 6PM

$799,900

2 beds2 baths1,220 sq ft

8105 Atlantic Ave #205, Ocean City, MD 21842

(443) 292-6767

NEW 15 HRS AGO

$375,000

3 beds1 bath896 sq ft

13601 Wight St Unit 1SB, Ocean City, MD 21842

(410) 524-6400

COMING SOON

$1,675,000

5 beds3 baths2,798 sq ft

12101 Assawoman Dr #410, Ocean City, MD 21842

(302) 360-0300

NEW 21 HRS AGO

$395,000

2 beds2 baths960 sq ft

17 72nd St #19, Ocean City, MD 21842

(240) 219-2422

COMING SOON

$179,000

— beds1 bath274 sq ft

11 62nd St #308, Ocean City, MD 21842

(443) 757-3400

Home values near 720 Rusty Anchor Rd #42

Data from public records.

Address	Redfin Estimate
5 Rusty Anchor Rd Apartment 5, Ocean City, MD 3 Beds \| 3.5 Baths \| - Sq. Ft.	$498,899
720 Rusty Anchor Rd Apartment 35C, Ocean City, MD 1 Beds \| 1 Baths \| 624 Sq. Ft.	$284,245

Address	Redfin Estimate
720 Rusty Anchor Rd Apartment 39C, Ocean City, MD 1 Beds \| 1.5 Baths \| 624 Sq. Ft.	$315,818
720 Rusty Anchor Rd Apartment 46C, Ocean City, MD - Beds \| 1 Baths \| 624 Sq. Ft.	$278,266

Address	Redfin Estimate
720 Rusty Anchor Rd Apartment 36C, Ocean City, MD - Beds \| 1 Baths \| 624 Sq. Ft.	$292,205
720 Rusty Anchor Rd Apartment 41C, Ocean City, MD 1 Beds \| 1 Baths \| 624 Sq. Ft.	$316,819

Property information provided by BRIGHT MLS when last listed in 2025. 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 720 Rusty Anchor Rd #42

Tax history for 720 Rusty Anchor Rd #42

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 21842

Home values near 720 Rusty Anchor Rd #42

More real estate resources