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Property profile & analytics

7 Taney St Hancock, MD 21750

  • Investment properties
  • 2,520 SF
  • 0.06 lot acres
Value Estimation
Location Intelligence
Property ID
US40-0317950
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 7 Taney St

Year built
1878
Lot size
0.06 lot acres
Property size
2,520 SF
Zone code
U
Property type
Investment properties
Property subtype
Live-work space
APN
05-026946
APU
5026946

Description

This charming 3,780 sq ft property in historic Hancock, MD, presents a unique opportunity. Previously a successful bed and breakfast, it offers five en-suite bedrooms, each with its own bathroom, ideal for continued hospitality use. The main level features three en-suite bedrooms, one with a stone fireplace, and a kitchen with a breakfast room overlooking the C&O Canal. An expansive gathering room with an attached balcony provides breathtaking canal and bike trail views. The property boasts hardwood floors throughout, laundry facilities, and secure bike storage. An ADA-certified bedroom on the main level ensures accessibility. Situated on a 0.06-acre lot, it offers direct access to the C&O Canal towpath and bike trails, with the national park running through the property. The location is convenient to Main Street and offers proximity to numerous attractions including museums, galleries, and the Western Maryland Rail Trail. The property is being sold "AS IS". This is a rare chance to own a piece of Hancock's rich history and natural beauty. The property's versatility allows for use as a single-family home or a thriving bed and breakfast.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $290,000
  • CAP approach

    CAP return
    Estimation
    6%
    $295,000
    6.5%
    $260,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $335,000
    Geo Method
    $265,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $285,000
    Retail
    $270,000
    Mixed-Use
    $325,000
    Hospitality
    $340,000
    Educational
    $320,000
    Residential Income
    $305,000
    Energy
    $265,000
    Income-Based Land
    $345,000
    Food Service
    $325,000

Location Insight

  • Map
  • Local Demand
City
Hancock
County
Washington
State
Maryland
Longitude
-78.1801
Latitude
39.6984
CBSA code
25180
CBSA name
HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,514
$20,000
$145,500
$165,500
-
$20,000
$145,500
$165,500
More about this property
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