This home's estimate is 0.2% lower than the average sale price ($288K) of 6 comparable homes.
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720 Rusty Anchor Rd #47, Ocean City, MD 21842
About this home
WATERFRONT END UNIT - REDUCED - 624 SF on 2 levels. 1 Bedroom, 1 Bath, with wood burning fireplace. All new kitchen appliances 2/2013 (range, refrigerator, dishwasher, range hood, microwave). All new flooring (carpet and tile), painted, storm door, window treatments, lighting, and HVAC serviced 2/2013. Boat tie up off the spacious north-side deck. Large 2nd level deck off the bedroom offers southern exposure. 2 additional end unit windows allow for extra light. Water views from the living and bedroom areas. Ample parking. Exterior improvements have been made by the association. Generous condo reserve, over $200K. Ideal opportunity to live mid-town on the waterfront at a lower cost.
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Market trends in 21842, MD
Last updated July 2026
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Provided by Redfin
Sale history for 720 Rusty Anchor Rd #47
$244/sq ft
$248/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
- Public record
- 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.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 Assigned Spaces: 1
- Off Street
- Off Street
Interior
- Bathroom Information
- # of Bathrooms (Full): 1
- Interior Information
- Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
- Door Features: Storm
- Not Furnished
- Interior Features: Window Treatments
- Living Area Sq.Ft. Source: Estimated
- Wall & Ceiling Types: Cathedral Ceilings
- Room Information
- Living Room, Kitchen, Bedroom 1
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Wood
- Basement Information
- Basement: No
Exterior
- Property Information
- Federal Flood Zone
- Federal Flood Insurance: Yes
- # of Floors In Unit: 2
- Ownership Interest: Condominium
- Year Built Source: Estimated
- Building Information
- Unit Building Type: Garden 1 - 4 Floors
- Building Name: Rusty Anchor
- # of Levels (Total): 2
- # of Units (Total): 47
- # of Buildings: 3
- Construction Not Completed
- Construction Materials: Frame, Vinyl Siding, Stick Built
- Foundation Details: Block, Crawl Space
- Main Entrance Orientation: North
- Other Structures: Above Grade
- Outdoor Living Structures: Balcony, Deck(s)
- Roof: Asphalt, Built-Up
- Structure Type: Unit/Flat
- Window Features: Insulated, Screens
- Exterior Information
- Other
- Lot Information
- Lot Features: Bulkheaded, Cleared, Corner
- Navigable Water
- Has Water View
- Dock Information
- Dock Type and Features: Against Bulkhead Only
- Above Grade Information
- Finished Sq.Ft.: 624
- Finished Sq.Ft. Source: Estimated
Financial
- Tax Information
- City/Town Tax: $800
- County Tax: $1,700
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Heat Pump(s)
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Cable TV
- Water Sewer Expense: $430
- Water Source: Public
Location
- Homeowners Association Information
- Condo/Coop Fee: $2,160
- Condo/Coop Fee Frequency: Annually
- HOA/Condo/Coop Amenities: Pier/Dock
- School Information
- Elementary School: OCEAN CITY
- Middle Or Junior School: STEPHEN DECATUR
- High School: STEPHEN DECATUR
- School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
- Elementary School Source: Listing Agent
- Middle School Source: Listing Agent
- High School Source: Listing Agent
- Location Information
- In City Limits
- OC Cross Street: 94
- Directions: 94th St. West. Left on Rusty Anchor to end, then follow to the right. #47 is the 1st unit on right.
- Municipality: OCEAN CITY
- Road Responsibility: Public
- Waterfrontage Information
- Water Access
- On Waterfront
- Water Oriented
- Water Body Type: Canal
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Condo/Co-op
- Year Built: —
- Year Renovated: —
- County: Worcester County
- APN: 100313
Around this home
Schools
Public PreK-4 • Assigned • 4.7mi
Public 7-8 • Assigned • 8.2mi
Public 9-12 • Assigned • 8.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 80%+ chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 100° expected this year, 17 days in 30 years
80% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
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.
Nearby similar homes
New listings for sale in 21842
Home values near 720 Rusty Anchor Rd #47
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 1228 Sq. Ft. | $516,618 |
3 Beds | 2 Baths | 1228 Sq. Ft. | $590,663 |
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 1456 Sq. Ft. | $609,292 |
3 Beds | 2 Baths | 1456 Sq. Ft. | $645,270 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1228 Sq. Ft. | $565,730 |
- Beds | 2 Baths | 1456 Sq. Ft. | $628,256 |
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