$5,752,571
SOLD MAR 18, 2025

7320 Race Rd Hanover, MD 21076

8 Acres
$758,914 Price per Acre
330,185 Sq Ft Lot

Recently Sold

$4,466 Per Sq Ft

105% Above List Price

980 Days on Market

About This Lot

As of March 2025

Opportunity to build to suit. Zoned W1-Business Local with over 50 categories of approved uses including office, daycare, retail, warehouse, and much more. Situated within heavily populated business district Easy access to MD-100, Baltimore-Washington Pkwy (I-295) and I-95.

Last Agent to Sell the Property

Helen Dellheim

Keller Williams Realty Centre Listed on: 02/24/2021

Keller Williams Realty Centre

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,546

Year Built

  • 1957

Lot Details

  • 7.58 Acre Lot
  • 2.58 additional acres for a total of 10 acres
  • Property is zoned W1, Opportunity to build to suit. Zoned W1-Business Local with over 50 categories of approved uses

Utilities

  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020500016949100

Property Details

Property Type

Land

Est. Annual Taxes

$3,546

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Opportunity to build to suit. Zoned W1-Business Local with over 50 categories of approved uses including office, daycare, retail, warehouse, and much more. Situated within heavily populated business district Easy access to MD-100, Baltimore-Washington Pkwy (I-295) and I-95.
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Price Per Sq Ft: 8.52
  • Street Number Modifier: 7320

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2.58 additional acres for a total of 10 acres
  • Land Use Code: 011
  • Lot Size Acres: 7.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 330184.80
  • Year Assessed: 2020
  • Zoning: W1
  • Zoning Description: Opportunity to build to suit. Zoned W1-Business Local with over 50 categories of approved uses
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3546.00
  • Assessor Parcel Number: 020500016949100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/18/2025

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Ta Race Road Llc
Bought by
Ta Race Road Llc
Total Days on Market
980

Purchase Details

Closed on
Feb 26, 2021
Sold by
Warren Curtis Rodell and Warren Emma Louise
Bought by
Ta Race Road Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed $300,000 Commonwealth Land Ttl Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $5,752,571 +104.6% $4,466 / Sq Ft
02/24/2021 02/24/21 For Sale $2,812,000 -- $2,183 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $3,968 $363,400 $362,400 $1,000
2023 $3,968 $363,400 $362,400 $1,000
2022 $3,798 $363,400 $362,400 $1,000
2021 $2,540 $363,400 $362,400 $1,000
2020 $2,540 $310,567 $0 $0
2019 $2,495 $300,200 $176,400 $123,800
2018 $2,977 $293,633 $0 $0
2017 $2,453 $287,067 $0 $0
2016 -- $280,500 $0 $0
2015 -- $280,500 $0 $0
2014 -- $280,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Helen Dellheim

    Seller's Agent in 2025

    Helen Dellheim

    Keller Williams Realty Centre

    (443) 538-0462

    19 Total Sales

    Helen Dellheim
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Map

Source: Bright MLS

MLS Number: MDAA2000034

Bright MLS

APN: 05-000-16949100

Maryland Anne Arundel County Hanover 21076

7320 Race Rd, Hanover, MD

This home is located at 7320 Race Rd, Hanover, MD 21076 and is currently priced at $5,752,571, approximately $4,466 per square foot. This property was built in 1957. 7320 Race Rd is a home located in Anne Arundel County with nearby schools including Jessup Elementary School, Meade Middle School, and Meade High School.

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