NOT LISTED FOR SALE

7430 Race Rd Hanover, MD 21076

Estimated Value: $265,610 - $493,000

1.06 Acres
$335,758 Price per Acre
46,174 Sq Ft Lot

Last Sold April 21, 2022

Last sale price $250,000 $139 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,200/month

71 Days on Market

About This Lot

As of April 2022

Large lot in Hanover. Public water and sewer available. Existing home to be torn down to make way for new construction single family home or daycare or veterinarian, group home, etc. No sign on property. Lot is to the right of the 3 single family homes already under construction. Get reduced impact fees for new construction bc of existing home. Use our builder and plans or bring your own.

Last Agent to Sell the Property

Timothy Hogan

Hogan Companies Residential Listed on: 12/27/2021

Last Buyer's Agent

Marc Robinson

ExecuHome Realty License #589574

ExecuHome Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,073

Lot Details

  • 1.06 Acre Lot
  • Property is zoned R1

Schools

  • Jessup Elementary School
  • Meade Middle School
  • Meade High School

Utilities

  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020400006086300

Property Details

Property Type

Land

Est. Annual Taxes

$2,073

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Remarks Public: Large lot in Hanover. Public water and sewer available. Existing home to be torn down to make way for new construction single family home or daycare or veterinarian, group home, etc. No sign on property. Lot is to the right of the 3 single family homes already under construction. Get reduced impact fees for new construction bc of existing home. Use our builder and plans or bring your own.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.42
  • Street Number Modifier: 7430

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: JESSUP
  • Middle School: MEADE
  • High School: MEADE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: JESSUP
  • High School: MEADE
  • Middle Or Junior School: MEADE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 200.00
  • Land Use Code: R
  • Lot Size Acres: 1.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 46130.00
  • Year Assessed: 2022
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15266649
  • Tax Annual Amount: 2073.00
  • Assessor Parcel Number: 020400006086300
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/21/2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Apr 21, 2022
Sold by
Hogan Realty Company Llc
Bought by
Martinez Alvarez Rutilo and Martinez Elizabeth Espinoza
Seller's Agent
Timothy Hogan
Hogan Companies Residential
Buyer's Agent
Marc Robinson
ExecuHome Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$355,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,903
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
Nov 28, 2014
Closed on
Jun 22, 2015
Sold by
Warren Curtis R and Warren Emma L
Bought by
Hogan Realty Company Llc
Seller's Agent
Laura Merson
Douglas Realty, LLC
Buyer's Agent
Laura Merson
Douglas Realty, LLC
List Price
$389,888
Sold Price
$320,000
Premium/Discount to List
-$69,888
-17.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.54%
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Martinez Alvarez Rutilo $250,000 --
Hogan Realty Company Llc $320,000 Eagle Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hogan Realty Co Llc $120,000
Previous Owner Hogan Realty Company Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $250,000 0.0% $139 / Sq Ft
01/07/2022 01/07/22 Price Changed $249,900 0.0% $139 / Sq Ft
12/27/2021 12/27/21 For Sale $250,000 -21.9% $139 / Sq Ft
06/22/2015 06/22/15 Sold $320,000 -17.9% $178 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
11/28/2014 11/28/14 For Sale $389,888 -- $217 / 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 $2,608 $192,300 $0 $0
2023 $2,809 $179,033 $0 $0
2022 $2,503 $165,700 $165,500 $200
2021 $2,503 $165,700 $165,500 $200
2020 $2,418 $165,700 $165,500 $200
2019 $3,497 $268,600 $205,500 $63,100
2018 $2,535 $250,033 $0 $0
2017 $4,967 $231,467 $0 $0
2016 -- $417,300 $0 $0
2015 -- $410,967 $0 $0
2014 -- $404,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Hogan

    Seller's Agent in 2022

    Timothy Hogan

    Hogan Companies Residential

    (443) 223-4719

    25 Total Sales

    Timothy Hogan
    Section Image

  • M

    Buyer's Agent in 2022

    Marc Robinson

    ExecuHome Realty

    (443) 386-6223

    51 Total Sales

    Marc Robinson
    Section Image
  • Laura Merson

    Seller's Agent in 2015

    Laura Merson

    Douglas Realty, LLC

    (443) 889-4216

    72 Total Sales

    Laura Merson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA2018278

Bright MLS

APN: 04-000-06086300

Maryland Anne Arundel County Hanover 21076

7430 Race Rd, Hanover, MD

This home is located at 7430 Race Rd, Hanover, MD 21076 since 27 December 2021 and is currently estimated at $355,903, approximately $197 per square foot. 7430 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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