Warehouse at 7476 Candlewood Rd in Hanover sells for $3.4 million

A warehouse at 7476 Candlewood Rd in Hanover sold for $3,400,000 on October 14, 2026, according to the Maryland Department of Assessments and Taxation's property records. Assessor's records list its market value at $2,036,400. The sale price was 67% above that value.

The property record lists S & P Ventures LLC as the seller.

Assessor's records show 12,264 square feet of building area, a build year of 1977 and a 1.99-acre lot. The price works out to $277 per square foot. The last sale on record was $1,900,000 in 2007. This sale was 79% above that price.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Anne Arundel County?

By our estimate, the seller's two largest charges, not counting prorations, were $25,500 for the county transfer tax (Anne Arundel County) and $11,900 for the recordation tax (Anne Arundel County). Who pays what follows Anne Arundel County custom.

How much did the seller net?

By our estimate, the seller netted about $3,361,329. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $3,462,789 at closing. That covers the full price and closing costs.

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