NOT LISTED FOR SALE

7491 New Ridge Rd Hanover, MD 21076

Estimated Value: $46,154,876

-- Bed
-- Bath
194,274 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 7491 New Ridge Rd, Hanover, MD 21076 and is currently estimated at $46,154,876, approximately $237 per square foot. 7491 New Ridge Rd is a home located in Anne Arundel County with nearby schools including Linthicum Elementary School, Lindale Middle School, and North County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
Am Hotel Llc
Bought by
Heritage Inn & Suites Of Hanover Llc
Current Estimated Value
$46,154,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,970,000
Outstanding Balance
$20,373,130
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$25,781,746

Purchase Details

Closed on
Sep 20, 2016
Sold by
Bpg Hotel Xiii Owner Llc
Bought by
Am Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2007
Sold by
Bpg Hotel Partners Xiii Llc
Bought by
Bpg Hotel Xiii Owner Llc

Purchase Details

Closed on
Dec 31, 1986
Sold by
Klein Elmer F
Bought by
Btr New Ridge Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heritage Inn & Suites Of Hanover Llc $33,160,000 First American Title Ins Co
Am Hotel Llc $36,110,428 First American Title Ins Co
Bpg Hotel Xiii Owner Llc -- --
Btr New Ridge Inc $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heritage Inn & Suites Of Hanover Llc $26,970,000
Previous Owner Am Hotel Llc $30,000,000
Source: Public Records

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
2025 $300,290 $28,158,200 $2,761,200 $25,397,000
2024 $300,290 $26,958,800 $0 $0
2023 $286,141 $25,759,400 $0 $0
2022 $373,973 $35,345,000 $2,761,200 $32,583,800
2021 $357,098 $33,730,167 $0 $0
2020 $340,416 $32,115,333 $0 $0
2019 $323,932 $30,500,500 $2,886,000 $27,614,500
2018 $297,920 $29,380,667 $0 $0
2017 $283,111 $28,260,833 $0 $0
2016 -- $27,141,000 $0 $0
2015 -- $26,694,733 $0 $0
2014 -- $27,628,300 $0 $0
Source: Public Records

Map

Maryland Anne Arundel County Hanover 21076

7491 New Ridge Rd, Hanover, MD

This home is located at 7491 New Ridge Rd, Hanover, MD 21076 and is currently estimated at $46,154,876, approximately $237 per square foot. 7491 New Ridge Rd is a home located in Anne Arundel County with nearby schools including Linthicum Elementary School, Lindale Middle School, and North County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes