1340 Charwood Rd #1340-1342, Hanover — tax account 020503390054747
Industrial built in 1988, 134,045 ft² on 10.87 acres in Hanover, Anne Arundel County, assessed at $9,993,700; last transfer December 23, 2025 for $25,128,500.
From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.
Account
| Tax account number | 020503390054747 |
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| Map, grid, parcel | Map 8 Grid 10 Parcel 466 · Lot 1 |
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| Location | 1340 Charwood Rd #1340-1342, Hanover MD 21076 |
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| Jurisdiction | Anne Arundel County |
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| Subdivision | Balt Commons Business Park |
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Land
| Land use | Industrial (I) |
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| Zoning | W1 |
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| Acreage | 10.870 acres (473,497 ft²) |
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Structure
| Year built | 1988 |
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| Above-grade area | 134,045 ft² |
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| Style | INDUSTRY Loft |
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| Building type | INDUSTRY Loft |
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| Quality grade | 3 (on a scale of 1 to 9) |
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| Stories | 1 |
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| Units | 2 |
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Assessment — October 2025
| Land | $3,391,400 |
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| Improvements | $6,602,300 |
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| Total | $9,993,700 |
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Last transfer
| Date | December 23, 2025 |
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| Consideration | $25,128,500 |
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| Deed reference | liber 39684, folio 0454 |
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What this means
- Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
- Assessed 1371% above the median industrial account in Anne Arundel County ($679,200, 956 accounts).
- The last transfer price is 151% above the current assessment.
Parcel point of the Maryland Department of Planning — not a survey.
Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.
The report for account 020503390054747
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