Annapolis · Commercial sale
Commercial property at 14 Ridgely Ave in Annapolis sells for $2.65 million
A commercial property at 14 Ridgely Ave, Annapolis sold for $2,650,000 on July 8, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $2,650,000
- Sold
- July 8, 2026
- Property type
- Commercial property
- Building area
- 7,438 sq ft
- Price per sq ft
- $356
- Year built
- 1965
A commercial property at 14 Ridgely Ave in Annapolis sold for $2,650,000 on July 8, 2026, according to the Maryland Department of Assessments and Taxation's property records. The sale price is 53% above the market value of $1,730,500 shown on the Assessor's records.
The 7,438-square-foot building, constructed in 1965, sits on a 0.71-acre lot. At that size, the price works out to $356 per square foot, according to the Assessor's records.
Eric P. Grevin, Trustee sold the property, according to the Maryland Department of Assessments and Taxation's property records.
What this sale costs to close
What does closing cost at this price? Under Anne Arundel County custom the seller's larger charges are $19,875 for the county transfer tax (Anne Arundel County) and $9,275 for the recordation tax (Anne Arundel County). The seller's estimated net is $2,586,610 before brokerage commissions and any loan payoff. A cash buyer would need about $2,720,563 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 42515-0319. Property details: Anne Arundel County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
