Annapolis · Commercial sale
144 Washington Road buys 144 Washington Rd in Edgewater for $22.28 million
A nursing home at 144 Washington Rd, Edgewater sold for $22,282,024 on July 14, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $22,282,024
- Sold
- July 14, 2026
- Property type
- Nursing home
- Building area
- 36,200 sq ft
- Price per sq ft
- $616
- Year built
- 1982
A nursing home at 144 Washington Rd in Edgewater sold for $22,282,024 on July 14, 2026, according to the Maryland Department of Assessments and Taxation's property records. The price is 2.7 times the Assessor's recorded market value of $8,360,100.
The 36,200-square-foot building, constructed in 1982, sits on a 9.47-acre lot. At that size, the sale price works out to $616 per square foot, according to the Assessor's records.
Ohi Asset MD Edgewater LLC sold the property to 144 Washington Road LLC. The price also represents a 2.7-fold jump from the most recent earlier sale on record of $8,316,068 in 2021.
What this sale costs to close
What does closing cost at this price? Under Anne Arundel County custom the seller's larger charges are $167,115.18 for the county transfer tax (Anne Arundel County) and $77,988.75 for the recordation tax (Anne Arundel County). The seller's estimated net is $21,755,828 before brokerage commissions and any loan payoff. A cash buyer would need about $22,859,565 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 42531-0289. 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.
