7143 Wright Rd Hanover, MD 21076
Estimated payment $5,332/month
Highlights
- 1.5 Acre Lot
- No HOA
- Open Space
- Partially Wooded Lot
- Additional Land
About This Lot
ALL EIGHT PROPERTIES IN THE WRIGHT ROAD GROUP HAVE NOW BEEN OFFICIALLY REZONED TO R-15, AS THE ANNE ARUNDEL COUNTI COUNCIL VOTED ON BILLS 6-24-REGION 2 GENERAL DEVELOPMENT PLAN AND 7-24-REGION 2 COMPREHENSIVE REZONING AND BOTH BILLS PASSED on MYA 6, 2024!
This parcel is a part of the Wright Road Group (WRG) assemblage of eight properties. The WRG properties contain one of the few remaining parcels of undeveloped land in northern Anne Arundel County. There are a total of eight contiguous parcels being sold totaling over 10.3 acres. The eight parcels included in the WRG are as follows: 252, 260, 261, 265, 271, 316, 325, and 326. The WRG properties are right around the corner from Arundel Mills/Maryland Live Casino and Fort Meade. A developer's and builder's dream- tucked away in Hanover, MD, surrounded by protected lands, trees, and existing residential communities.
The property owners have done their homework by hiring prominent law and engineering firms to assist them in rezoning the properties to R-15, to survey the properties, and to determine the utility capacity for new development. Downtown Baltimore is just 20 minutes by car and Washington DC is a 40-minute commute. This location has easy access to commuter routes that include Rt. 100, I-95, and I-295 that will take you to areas with major employers such as Fort Meade, National Business Park, and NSA. Residents will enjoy stress-free travel with quick and easy access to MARC train stations and the BWI airport.
Note that the total listing price for all eight properties is $7,500,000.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,734
Lot Details
- 1.5 Acre Lot
- Open Space
- Rural Setting
- Partially Wooded Lot
- Backs to Trees or Woods
- Additional Land
- Includes seven other contiguous parcels for a total of 10.7 acres. Other parcels are : Parcel 260, 261,265,271, 316, 325, 326.
- Subdivision Possible
- Property is zoned R15, ALL EIGHT PROPERTIES IN THE WRIGHT ROAD GROUP HAVE NOW BEEN OFFICIALLY REZONED TO R-15!!
Additional Features
- Landlocked Lot
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 020500011947600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,426 | $504,000 | $390,000 | $114,000 |
| 2024 | $6,426 | $497,133 | $0 | $0 |
| 2023 | $5,354 | $490,267 | $0 | $0 |
| 2022 | $5,923 | $483,400 | $390,000 | $93,400 |
| 2021 | $11,846 | $483,400 | $390,000 | $93,400 |
| 2020 | $5,956 | $483,400 | $390,000 | $93,400 |
| 2019 | $4,585 | $536,000 | $450,000 | $86,000 |
| 2018 | $5,190 | $511,833 | $0 | $0 |
| 2017 | $5,848 | $487,667 | $0 | $0 |
| 2016 | -- | $463,500 | $0 | $0 |
| 2015 | -- | $424,167 | $0 | $0 |
| 2014 | -- | $384,833 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 05/26/2024 05/26/24 | Price Changed | $892,668 | -14.6% | -- |
| 08/27/2023 08/27/23 | For Sale | $1,045,549 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | -- | |
| Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $92,800 | No Value Available |
Source: Bright MLS
MLS Number: MDAA2064074
APN: 05-000-11947600
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