Seller's Agent in 2024
Michael Bennett
Compass
(443) 858-7000
162 Total Sales
7369 Race Rd Hanover, MD 21076
Estimated Value: $193,935
2
Acres
$96,968
Price per Acre
87,120
Sq Ft Lot
About This Lot
As of September 2024Zoned W1 – Industrial Park DistrictsWelcome to this exceptional property located at 7369 Race Road, Hanover, MD. Situated on a sprawling 2-acre lot within the W1 Industrial Park District of Anne Arundel County, this vacant wooded lot presents an incredible opportunity for a variety of industrial and commercial uses.
With a total lot size of 87,120 square feet, this property offers ample space for development and expansion. The zoning designation allows for a wide range of industrial activities, making it an ideal location for businesses seeking to establish a presence in a dynamic and growing area.
The surrounding landscape, characterized by mature trees and natural beauty, provides a serene and private setting for future endeavors. Whether you're considering the construction of a warehouse, manufacturing facility, or other industrial ventures, this property offers the space and zoning to accommodate your vision.
Conveniently located in the heart of Anne Arundel County, this property provides easy access to major transportation routes, including highways and thoroughfares, enhancing connectivity to regional and national markets.
Don't miss this rare opportunity to acquire a prime industrial parcel in a strategic location. Embrace the potential of this expansive 2-acre property and bring your industrial aspirations to life. Schedule a showing today and unlock the possibilities that await at 7369 Race Road.
Last Agent to Sell the Property
(443) 858-7000 mike@bennettsalesgroup.com Compass License #17562 Listed on: 07/12/2024
Last Buyer's Agent
(443) 303-9771 susanhallre@gmail.com Long & Foster Real Estate, Inc. License #649433
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,782
Lot Details
- 2 Acre Lot
- Property is zoned W1
Utilities
- Not Applied For Permit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 020500006178200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Sep 30, 2024
Sold by
M Storch Holdings Llc
Bought by
Chung Peter and Chung Tara
Seller's Agent
Michael Bennett
Compass
Buyer's Agent
Susan Hall
Long & Foster Real Estate, Inc.
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,935
Avg. Annual Appreciation
2.05%
Purchase Details
Closed on
Jun 2, 2014
Sold by
Land Holding Llc
Bought by
M Storch Holdings Llc
Purchase Details
Closed on
Dec 3, 2013
Sold by
Contour Contracting Inc
Bought by
Land Holding Llc
Purchase Details
Closed on
Apr 4, 2008
Sold by
Keytech Communications Inc
Bought by
Contour Contracting Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.06%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 24, 2008
Sold by
Keytech Communications Inc
Bought by
Contour Contracting Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.06%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 14, 2000
Sold by
Greene Theo J
Bought by
Keytech Communications Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chung Peter | $190,000 | Universal Title | |
| Chung Peter | $190,000 | Universal Title | |
| M Storch Holdings Llc | $115,000 | Property Title & Escrow Llc | |
| Land Holding Llc | $150,000 | New World Title Company Llc | |
| Contour Contracting Inc | $200,000 | -- | |
| Contour Contracting Inc | $200,000 | -- | |
| Keytech Communications Inc | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Contour Contracting Inc | $250,000 | |
| Previous Owner | Contour Contracting Inc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $190,000 | -5.0% | -- |
| 07/12/2024 07/12/24 | For Sale | $200,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,409 | $220,000 | $220,000 | -- |
| 2024 | $2,409 | $220,000 | $220,000 | $0 |
| 2023 | $2,402 | $220,000 | $220,000 | $0 |
| 2022 | $2,299 | $220,000 | $220,000 | $0 |
| 2021 | $4,459 | $213,333 | $0 | $0 |
| 2020 | $2,162 | $206,667 | $0 | $0 |
| 2019 | $2,094 | $200,000 | $200,000 | $0 |
| 2018 | $1,825 | $180,000 | $0 | $0 |
| 2017 | $1,630 | $160,000 | $0 | $0 |
| 2016 | -- | $140,000 | $0 | $0 |
| 2015 | -- | $140,000 | $0 | $0 |
| 2014 | -- | $140,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Bennett
-
Susan Hall
Buyer's Agent in 2024
Susan Hall
Long & Foster
(443) 303-9771
6 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2089702
APN: 05-000-06178200
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