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7320 Race Rd, Hanover, MD, 21076

$2,812,000

7.58 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #MDAA2000034
Lot Size7.58 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 7320 Race Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty Centre
  • Office Phone: (410) 312-0000
  • Listing Agent: Helen L Dellheim

Lot Features

Lot Information:

  • Lot Size: 7.58 Acres

Other

Directions Information:

  • Directions: Route 100 to Race Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,812,000

Tax Information:

  • Annual Amount: $2,977
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hanover, MD.

Med. Sold Price

$531.7K

Med. Price/SqFt

$231

Avg. Days On Market

21

# of Sold Homes

22

7320 Race Rd vs Hanover

1365 DAYS ON ROCKET

+1344 Days

$2,812,000

+$2.2M More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price in Hanover, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAA2000034

Listing Office:

  • Office Name: Keller Williams Realty Centre
  • Office Phone: (410) 312-0000
  • Listing Agent: Helen L Dellheim

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2021Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,977$363,400
2020$2,540$310,567
2018$2,387$293,633
2017$2,453$287,067

History based on county public records data.

Payment Calculator

$14.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,497

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-229393
3
/10
  • Hanover Hills Elementary School

  • 7030 Banbury Dr

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-229394
3
/10
  • Ducketts Lane Elementary School

  • 6501 Ducketts Ln

  • 1.78 miles

  • Public District Grades PK-5

school-card-donut-229395
4
/10
  • Hebron - Harman Elementary School

  • 7660 Ridge Chapel Rd

  • 2.30 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,083. Residents of Hanover, MD typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7320 Race Rd

What is the listing price of this property?

The listing price of 7320 Race Rd property is $2,812,000.

What type of property is this?

The property 7320 Race Rd is land located in Hanover, Maryland, 21076.

Is this property for sale now?

Accepting Backup Offers: 7320 Race Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,977 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 23, 2021 for $300,000. (source: MLS/tax record).

How much acreage is this property?

The property 7320 Race Rd is 7.58 acres.
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Rocket HomesMarylandAnne Arundel CountyHanover210767320 Race Rd

This home is located at 7320 Race Rd in Hanover, MD and zip code 21076. This home sits on a 7.58 acre lot. It has been listed on Rocket Homes since February 25, 2021 and is currently priced at $2,812,000.

In October 2024 more than 7 listings in Hanover, MD were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 8 were sold below. Between September 2024 and October 2024, Hanover, MD real estate market has seen decrease in the number of listings by 2.8%. In October 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $531,750.

From Rocket Homes Real Estate and based on county public records data.

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