$8,074 Closing Credit¹
#MDAA2104016, H. Scott Carr, Listing Office: Monument Sotheby's International Realty
$675,000 List price
5 Park Pl Unit 507 Annapolis, MD 21401
$8,016
Closing credit¹
2 beds
2 full
1,277 sqft
$529 / sqft
Condo
Property details
About 5 Park Pl Unit 507
Experience luxury and convenience at The Residence at Park Place!! This two-bedroom, two-bathroom condo has been used as a second residence so lightly used! It remains in pristince condition. The open floor plan seamlessly integrates living and dining room areas creating a spacious and bright cheerful setting/home environment. The gourmet kitchen offers granite countertops, breakfast bar, stainless steel applicances, a gas range and plenty of oak cabinetry in addition to a separate pantry. The primary suite feautres a walk-in closet and a serene ensuite bath with a double vanity and tub/shower with an additional entrance to the bath for guest access. The second bedroom offers a spacious walk-in closet, ensuite bath and a upscale Murphy bed which includes a sofa and coffee table professionally installed. Enjoy the convenience of in-unit laundry and the rarity of two assigned garge parking spaces. The community's resort-style amenities include a secure lobby with concierge service, indoor and outdoor pools, hot tub, a fitness center, a party room, a library, a garden area, outdoor dining and a dog park. With dining, shopping, entertainment and historic downtown just minutes away, this is a premier Annapolis living at its finest!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air, Ceiling Fan(s)
Size1,277 sqft
Year built2007
ParkingCovered Parking,Garage - Front Entry,Garage Door Opener, Assigned,Parking Space Conveys, Attached Garage
MLS #MDAA2113228
Garage2 spaces
Summary
- Full Bathrooms: 2
- Appliances: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Oven, Refrigerator
- Basement: No
- Flooring Type: Ceramic Tile, Carpet, Engineered Wood, Hardwood, Luxury Vinyl Tile, Partially Carpeted
- Interior: Bathroom - Stall Shower, Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Bathroom - Tub Shower, Combination Dining/Living, Crown Moldings, Dining Area, Elevator, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Window Treatments
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Parking: Covered Parking,Garage - Front Entry,Garage Door Opener, Assigned,Parking Space Conveys, Attached Garage
- Architectural Style: Unit/Flat
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $675,000
- Price/SqFt: $528
- Annual Tax Amount: $6,875
- Tax Year: 2024
- Directions: From 50 East, take exit 24 towards Rowe Blvd/Annapolis, turn right onto Taylor Avenue, turn left onto Park Place, make a left and park in circle around the water fountain.
- Year Built: 2007
- Stories: 1
- Living Area: 1,277 SqFt
- Municipality: Annapolis
- MLS Number: MDAA2113228
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (410) 263-8686
- Office Email: khylah.settle@cbmove.com
- Listing Agent: Kathryn A Chumney
- Agent Phone: (410) 693-4880
- Agent Email: kchumney@cbmove.com
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: 4/29/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
5 Park Pl Unit 507
$8,016
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 21, 2021 | Home Sold | $525,000 |
| Sep 18, 2007 | Home Sold | $683,637 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $478,800 | $6,875 |
| 2023 | $478,800 | $6,875 |
| 2022 | $478,800 | $6,746 |
| 2021 | $478,800 | $6,068 |
| 2020 | $478,800 | $6,477 |
| 2018 | $436,267 | $5,944 |
| 2017 | $415,000 | $5,362 |
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.
Neighborhood
The neighbors living near this home have an average income of $130,000. Residents of Annapolis, MD typically earn between $100k-200k each year. Residents typically live in single, no kids family. Most 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 Tennis
Skiing/snowboarding
Soccer
Where do the neighbors shop?
Bloomingdales
Nordstrom
The Container Store
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Starbucks
What do the neighbors drive?
Lexus
BMW
Acura
What do the neighbors listen to?
News
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
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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 507
The listing price of 5 Park Pl Unit 507 property is $675,000.
The property 5 Park Pl Unit 507 is a condo located in Annapolis, Maryland, 21401.
Active Listing: 5 Park Pl Unit 507 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5 Park Pl Unit 507 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 $6,875 (source: MLS/based on county public records data).
The last sale was on December 21, 2021 for $525,000 (source: MLS/tax record).
The property at 5 Park Pl Unit 507 has 2 bedrooms and 2 bathrooms.
The property 5 Park Pl Unit 507 is 1,277 SqFt (source: MLS/tax record).
The year of construction for 5 Park Pl Unit 507 is 2007.
This home is located at 5 Park Pl Unit 507 in Annapolis, MD and zip code 21401. This 1,277 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $675,000.
In March 2025 more than 24 listings in Annapolis, MD were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 22 were sold below. The number of listings in Annapolis, MD increased by 58.8% between February and March 2025. The median list price of listings available in March 2025 was $623,687, while the average time on the real estate market was 21 days.
From Rocket Homes Real Estate and based on county public records data.