For sale

$524,900

5 Park Pl APT 732, Annapolis, MD 21401

1beds

926sqft

$4,433/mo

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Condominium

Built in 2007

-- sqft lot

$517,500 Zestimate^®

$567/sqft

$813/mo HOA

What's special

Updated beautifully remodeled showerGreat sunset viewsWood floors throughoutPenthouse levelNatural lightAsko dishwasherHot tub

HUGE PRICE REDUCTION. Motivated Seller offers GREAT VALUE PRICING !!! Beautiful 1 BR /1.5 Bath condo, penthouse level w/many extras in the most luxurious, secure building in downtown Annapolis. Great sunset views, natural light, large custom BUILT-IN walk-in closet, plus 2 additional closets. sliding glass doors with luxury electric blinds system, wood floors throughout, gourmet kitchen w/Sub Zero refrigerator, Washer/Dryer inside the guest bathroom, Asko dishwasher, stainless appliances & granite counters. Updated, beautifully remodeled shower. Many building amenities: Pool, Hot Tub, Fitness Center, large Party Room, 24/7 live Concierge/Security Person in lobby. One deeded Underground Garage Parking Space with remote door opener. Washer/Dryer inside the guest bathroom. Note; Light fixture above dining table excluded. Extra Garage Storage unit may be available separately. Luxury living in the heart of Annapolis, just blocks to Downtown City Dock attractions and restaurants.

130 days
146
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 1

Basement

Area: 0

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Gas Water Heater
Laundry: In Unit

Features

Has basement: No
Number of fireplaces: 1

Interior area

Total structure area: 926
Total interior livable area: 926 sqft
Finished area above ground: 926
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Basement, Garage Door Opener, Attached
Attached garage spaces: 1

Accessibility

Accessibility features: Accessible Hallway(s), >84" Garage Door, Doors - Lever Handle(s), Doors - Swing In, Accessible Elevator Installed, Low Bathroom Mirrors, Low Pile Carpeting

Features

Levels: One
Stories: 1
Pool features: Community

Details

Additional structures: Above Grade, Below Grade
Parcel number: 020666790227086
Zoning: RESIDENTIAL
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Beaux Arts
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick

Condition

New construction: No
Year built: 2007

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Condo and coop fee: $813 monthly
Subdivision: Park Place

HOA

Has HOA: No
Amenities included: Bike Trail, Billiard Room, Common Grounds, Concierge, Elevator(s), Fitness Center, Fax/Copying, Gated, Spa/Hot Tub, Jogging Path, Library, Meeting Room, Newspaper Service, Party Room, Picnic Area, Indoor Pool, Pool, Reserved/Assigned Parking, Security, Taxi Service, Transportation Service, Other
Services included: Alarm System, All Ground Fee, Common Area Maintenance, Maintenance Structure, Fiber Optics Available, Gas, Maintenance Grounds, Management, Parking Fee, Reserve Funds, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water

Location

Region: Annapolis
Municipality: Annapolis

Financial & listing details

Price per square foot: $567/sqft
Tax assessed value: $1
Annual tax amount: $1
Date on market: 4/25/2026
Listing agreement: Exclusive Right To Sell
Inclusions: One Deeded Garage Parking Space
Ownership: Condominium

Estimated market value

$517,500

$492,000 - $543,000

$2,196/mo

Price history

Date	Event	Price
5/22/2026	Price change	$524,900-7.6%$567/sqft
Source: Bright MLS #MDAA2143430 Report a problem
4/25/2026	Listed for sale	$567,900+4.2%$613/sqft
Source: Bright MLS #MDAA2143430 Report a problem
4/4/2025	Sold	$545,000-5.9%$589/sqft
Source: Bright MLS #MDAA2109172 Report a problem
3/30/2025	Contingent	$579,000$625/sqft
Source: Bright MLS #MDAA2109172 Report a problem
3/18/2025	Listed for sale	$579,000+51.4%$625/sqft
Source: Bright MLS #MDAA2109172 Report a problem
7/29/2020	Listing removed	$2,400$3/sqft
Source: Anne Arundel Properties, Inc. #MDAA430272 Report a problem
2/14/2020	Listed for rent	$2,400$3/sqft
Source: Anne Arundel Properties, Inc. #MDAA425208 Report a problem
8/22/2015	Listing removed	$2,400$3/sqft
Source: Anne Arundel Properties Inc. #AA8692915 Report a problem
7/21/2015	Listed for rent	$2,400$3/sqft
Source: Anne Arundel Properties Inc. #AA8692915 Report a problem
1/14/2014	Listing removed	$2,400$3/sqft
Source: Anne Arundel Properties, Inc. #AA8232062 Report a problem
11/28/2013	Listed for rent	$2,400$3/sqft
Source: Anne Arundel Properties, Inc. #AA8232062 Report a problem
12/28/2009	Sold	$382,500$413/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,241 +2.3%	$365,733 +2.6%
2024	$5,122 +2.7%	$356,467 +2.7%
2023	$4,986 +1.9%	$347,200
2022	$4,892	$347,200
2021	$4,892 -0.1%	$347,200
2020	$4,896 +7.1%	$347,200
2019	$4,573 +9.2%	$347,200 +15.4%
2018	$4,186 +15.5%	$300,933 +8.3%
2017	$3,625	$277,800
2016	--	$277,800
2015	--	$277,800 -6.8%
2014	--	$298,100
2013	--	$298,100
2012	--	$298,100 -9.3%
2011	--	$328,600 -25.6%
2010	--	$441,390 +6.8%
2009	--	$413,300 +7.3%
2008	--	$385,210