$625,000

5 Park Pl Unit 303 Annapolis, MD 21401

$7,422
Closing credit¹
2 beds
2 full
1,185 sqft
$527 / sqft
Condo

Property details

About 5 Park Pl Unit 303

Experience the best of Annapolis living in this beautifully updated two-bedroom condo at The Residences at Park Place. Situated in a prime location, this secure, elevator building offers an array of upscale amenities and unparalleled convenience with on-site management at the front desk. Enjoy walking to restaurants and shops. Step inside to an inviting open-concept layout, where the dining area flows seamlessly into the living room and remodeled kitchen. Hardwood floors, neutral paint tones, and bright interiors create an elegant and welcoming atmosphere. Custom blinds enhance natural light, while crown molding adds a touch of sophistication throughout much of the home. The remodeled kitchen boasts white cabinetry with undermount lighting, sleek quartz countertops, stainless steel appliances, and a breakfast bar—perfect for casual dining or entertaining. The primary suite is a private retreat, featuring dual closets and an en-suite bath with a double vanity, a soaking tub/shower combination, and a luxurious rain shower head with a wand attachment. The second bedroom also includes an attached full bath, offering comfort and privacy for guests or family members. A laundry closet with modern front-loading washer and dryer adds to the home’s convenience. Enjoy peaceful views overlooking the front courtyard and fountain from your living space and take advantage of the incredible amenities Park Place has to offer. Residents have access to a fitness center, fenced dog park, beautifully furnished rear courtyard, swimming pool, hot tub, party room, club room, and library—where you can sip coffee and enjoy conversation with neighbors. The party and club rooms are available for private functions at no cost to residents, and the community also hosts engaging lectures and festive holiday events throughout the year. Beyond the building, Park Place offers an unbeatable lifestyle. With five restaurants just steps away, residents can dine out without ever stepping outside in inclement weather, thanks to underground garage access. The Varuna Salon & Spa is conveniently located at the front entrance, and most Park Place establishments offer resident discounts, including guest stays at the Westin. Explore the best of Annapolis with ease—local restaurants, shops, and attractions are within walking distance, and a free trolley runs every 20 minutes, providing effortless access to the waterfront via West Street. This home includes two deeded garage parking spaces and a private storage unit. The condo fee covers water, gas, and insurance, ensuring maintenance-free living. Recent updates include a full kitchen remodel, fresh interior paint, added shelving in the utility closet, upgraded shower faucets, and a new washer and dryer. With luxurious features, outstanding amenities, and an unbeatable location, this exceptional home offers the perfect blend of style and convenience.

Highlights

Home typeCondominium
HeatingHeat Pump
StatusSale Pending
(PENDING)
CoolingCentral Air
Size1,185 sqft
Year built2007
ParkingInside Access,Covered Parking,Underground, Secure Parking, Parking Garage
MLS #MDAA2105896
Garage2 spaces
ViewOther

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Dishwasher, Exhaust Fan, Disposal, Refrigerator, Ice Maker, Microwave, Oven, Oven, Gas Range, Stainless Steel Appliances
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Ceiling Fan(s), Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wood Floors
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Parking: Inside Access,Covered Parking,Underground, Secure Parking, Parking Garage
  • View: Other
  • Architectural Style: Traditional
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $625,000
  • Price/SqFt: $527
  • Annual Tax Amount: $6,380
  • Tax Year: 2024
  • Directions: From Annapolis Mall - Head east toward Industrial Dr, Turn right toward Industrial Dr, Turn right onto Industrial Dr, Turn left onto Bestgate Rd, Continue onto Rowe Blvd, Turn right onto Taylor Ave, Turn left onto Park Pl, Destination will be on the left. Arrive at 5 Park Pl Annapolis, MD 21401. Welcome Home!
  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,185 SqFt
  • Municipality: Annapolis
  • MLS Number: MDAA2105896
  • MLS Name: BRIGHT
  • Office Name: Northrop Realty
  • Office Phone: (410) 295-6579
  • Listing Agent: Renee Durakis
  • Agent Phone: (410) 409-3977
  • Agent Email: reneedurakis@northroprealty.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 12:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$625,000

5 Park Pl Unit 303

$7,422

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 28, 2022
Home Sold
$560,000
Sep 25, 2008
Home Sold
$504,900

Tax history

YearAssessmentProperty Tax
2024$444,300$6,380
2023$444,300$6,380
2022$444,300$6,260
2021$444,300$5,631
2020$444,300$6,264
2018$404,833$5,631
2017$385,100$5,025

History based on county public records data.

Nearby schools

4

Germantown Elementary School

Public District PK-5

0.7 mi

200 Windell Ave

6

Annapolis Elementary School

Public District PK-5

0.9 mi

180 Green St

9

West Annapolis Elementary School

Public District KG-5

0.9 mi

505 Melvin Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $130,000. The most common annual income of people living in Annapolis, MD is between $100k-200k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

8%
<35k
26%
35k-100k
43%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
4%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
49%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • SoccerSoccer

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AcuraAcura

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Annapolis, MD

Transportation in Annapolis includes a variety of options for residents and visitors. The city's public transit system provides connections to key areas, and the presence of ride-sharing services offers additional flexibility. Annapolis is known for its walkable downtown, while other areas are more car-dependent. Major roads and highways facilitate travel in and out of the city, and ongoing infrastructure projects aim to improve traffic flow and accessibility.

The community benefits from a robust educational system, with a number of public and private schools serving the area, as well as higher education institutions like St. John's College. Annapolis is equipped with several healthcare facilities, offering a range of services from routine care to specialized medical treatments. The city also hosts a public library system that serves as a resource for residents. Retail and dining options are plentiful, with establishments ranging from boutique shops to nationally recognized chains, many of which reflect the local seafood cuisine.

Annapolis is celebrated for its historic charm and maritime heritage. The city prides itself on being the state capital and the home of the United States Naval Academy. Community events such as the Annapolis Boat Shows and the Maryland Seafood Festival showcase the city's connection to the Chesapeake Bay. The area's character is further defined by its walkable downtown area, which features a blend of antique shops, art galleries, and waterfront dining.

Annapolis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from colonial to contemporary, reflecting the city's rich history and modern growth. The housing market is dynamic, with a mix of historic homes and newer developments. While the majority of residents own their homes, a substantial portion of the population opts for rental properties, including apartments and townhouses.

About 5 Park Pl Unit 303

The listing price of 5 Park Pl Unit 303 property is $625,000.

The property 5 Park Pl Unit 303 is a condo located in Annapolis, Maryland, 21401.

Sale Pending: 5 Park Pl Unit 303 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 5 Park Pl Unit 303 are: Germantown Elementary School (GreatSchools Rating 4/10), Annapolis Elementary School (GreatSchools Rating 6/10), West Annapolis Elementary School (GreatSchools Rating 9/10), Wiley H. Bates Middle School (GreatSchools Rating 5/10), Annapolis Middle School (GreatSchools Rating 2/10), Central Middle School (GreatSchools Rating 8/10), Annapolis High School (GreatSchools Rating 3/10), South River High School (GreatSchools Rating 9/10), Broadneck High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $6,380 (source: MLS/based on county public records data).

The last sale was on July 28, 2022 for $560,000 (source: MLS/tax record).

The property at 5 Park Pl Unit 303 has 2 bedrooms and 2 bathrooms.

The property 5 Park Pl Unit 303 is 1,185 SqFt (source: MLS/tax record).

The year of construction for 5 Park Pl Unit 303 is 2007.

This home is located at 5 Park Pl Unit 303 in Annapolis, MD and zip code 21401. This 1,185 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $625,000.

The number of homes for sale in Annapolis, MD increased by 114.8% between March and April 2025. The median list price of listings available in April 2025 was $677,633, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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