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Sold for $625,000
  • $625,000

    5 Park Pl APT 508, Annapolis, MD 21401

    2beds
    1,336sqft
    Condominium
    Built in 2007
    -- sqft lot
    $625,300 Zestimate®
    $468/sqft
    $2,831 Estimated rent

    Home value

    $625,300

    $588,000 - $663,000

    $2,831/mo

    Zestimate® history
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    What's special

    Walk-in closetUpdated fixturesDouble vanityIn-unit laundryBeautifully landscaped garden areasOutdoor dining spacesBright and inviting space
    Experience luxury, comfort, and convenience at The Residence at Park Place! This beautifully maintained two-bedroom, two-bath condominium offers an exceptional blend of elegance and modern living in one of Annapolis’ premier communities. The open-concept floor plan seamlessly connects the living and dining areas, creating a bright and inviting space perfect for everyday living and entertaining. Freshly painted and truly move-in ready, the gourmet kitchen features updated stainless steel appliances (2021–2023), a gas range, recessed LED lighting, granite countertops, and abundant cabinetry for both style and functionality. Retreat to the spacious primary bedroom suite complete with a walk-in closet and a serene ensuite bath featuring a double vanity, updated fixtures, and a beautifully tiled tub/shower combination. The second bedroom is equally impressive with its own large walk-in closet. Both bedrooms feature custom remote-operated room-darkening window treatments for added comfort and privacy. Additional highlights include luxury vinyl plank flooring throughout with no carpet anywhere, a newer HVAC system (2023), in-unit laundry (2022), and a premium assigned garage parking space (S255). Residents of Park Place enjoy resort-style amenities including a secure lobby with concierge service, outdoor pool, hot tub, fitness center, party room, library, beautifully landscaped garden areas, outdoor dining spaces, and a dog park. Ideally located just minutes from dining, shopping, and entertainment, and within walking distance to historic downtown Annapolis, the US Naval Academy, and Navy-Marine Corps Memorial Stadium, this exceptional residence offers upscale Annapolis living at its finest.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Yee 410-487-5980,

    Coldwell Banker Realty,

    Co-Listing Agent: Deborah Osman 443-995-7142,

    Coldwell Banker Realty

    Bought with:

    Brian Schilling, 531128

    EXP Realty, LLC

    Source: Bright MLS,MLS#: MDAA2145690MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Central, Other
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,336
    • Total interior livable area: 1,336 sqft
    • Finished area above ground: 1,336
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Underground, Basement, Garage
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Entrance
    Features
    • Levels: Seven
    • Stories: 7
    • Pool features: Community
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 020666790227005
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Beaux Arts,French,Transitional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stone
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Natural Gas Available, Phone, Phone Available, Sewer Available, Water Available, Broadband, Cable, Fiber Optic

    Community & HOA

    Community
    • Condo and coop fee: $1,115 monthly
    • Subdivision: Residences At Park Place
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Community Center, Common Grounds, Concierge, Dog Park, Elevator(s), Fitness Center, Meeting Room, Party Room, Pool, Security
    • Services included: Common Area Maintenance, Gas, Heat, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water
    • HOA name: Residences At Park Place
    Location
    • Region: Annapolis
    • Municipality: Annapolis

    Financial & listing details

    • Price per square foot: $468/sqft
    • Tax assessed value: $501,000
    • Annual tax amount: $7,179
    • Date on market: 5/19/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/25/2026Sold$625,000-1.1%$468/sqft
    Source: Bright MLS #MDAA2145690 Report a problem
    6/3/2026Contingent$632,000$473/sqft
    Source: Bright MLS #MDAA2145690 Report a problem
    5/19/2026Listed for sale$632,000+30.3%$473/sqft
    Source: Bright MLS #MDAA2145690 Report a problem
    9/24/2021Sold$485,000-2.8%$363/sqft
    Source: Bright MLS #MDAA459956 Report a problem
    8/23/2021Pending sale$499,000$374/sqft
    Source: Bright MLS #MDAA459956 Report a problem
    8/11/2021Price change$499,000-3.9%$374/sqft
    Source: Bright MLS #MDAA459956 Report a problem
    7/6/2021Price change$519,000-3.7%$388/sqft
    Source: Bright MLS #MDAA459956 Report a problem
    3/26/2021Listed for sale$539,000-21.4%$403/sqft
    Source: Bright MLS #MDAA459956 Report a problem
    5/25/2018Listing removed$2,450$2/sqft
    Source: EKB Realty #1000238134 Report a problem
    4/9/2018Price change$2,450-5.8%$2/sqft
    Source: Ekb Realty #1000238134 Report a problem
    3/6/2018Listed for rent$2,600$2/sqft
    Source: Ekb Realty #1000238134 Report a problem
    10/16/2007Sold$685,909$513/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,179 -0.3%$501,000
    2024$7,199 +0.1%$501,000
    2023$7,194 +1.9%$501,000
    2022$7,059 $501,000
    2021$7,059 -0.1%$501,000
    2020$7,064 +4.6%$501,000
    2019$6,755 +6.4%$501,000 +9.8%
    2018$6,349 +12.1%$456,467 +5.1%
    2017$5,666 $434,200 +2.7%
    2016-- $422,600 +2.8%
    2015-- $411,000 +2.9%
    2014-- $399,400
    2013-- $399,400
    2012-- $399,400 -24.5%
    2011-- $529,040
    2010-- $529,040
    2009-- $529,040 -16.7%
    2008-- $634,860
    Find assessor info on the county website

    Neighborhood: 21401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Anne Arundel County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $625,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $625,300