$650,000

5 Park Pl Unit 514 Annapolis, MD 21401

$7,719
Closing credit¹
2 beds
2 full
1,056 sqft
$616 / sqft
Condo

Property details

About 5 Park Pl Unit 514

Pay no attention to the days on the market; this spectacular condo has been completely refreshed with new paint and a new price, and you will not be disappointed!!! Move right in and enjoy the fabulous downtown Annapolis lifestyle in this meticulously maintained 2bdr/2bath unit in the amenity-rich upscale community of Park Place! As you walk through the unit's front door, you will quickly realize how turnkey this home is - high-end countertops and appliances, breakfast bar/kitchen-island seating, moldings, plantation shutters, and beautiful and immaculate wood floors immediately greet you. The open-concept kitchen/living area with tons of beautiful natural light is inviting and the perfect place to relax and enjoy. As you continue through the unit, you will be blown away by the detail that went into all the updates. Both bedrooms offer fresh carpet, fresh paint, tasteful wallpaper, and newly added plantation shutters. Not to mention BOTH the primary and secondary full bathrooms have been totally and tastefully renovated. Other updates include a new washer/dryer and a newer HVAC (2019). The owners have spared no expense and have taken exquisite care of this beautiful home -- 514 is truly ready for you to MOVE RIGHT IN! The icing on the cake is the 2-PRIVATELY OWNED PARKING SPACES convey!!! The parking is ideally located immediately inside the garage entrance and steps from the elevator. Community amenities include an in-ground swimming pool, hot tub, front concierge desk & security, dog park, and so much more! Come look at all this unit offers - you will not be disappointed!!!!

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,056 sqft
Year built2007
ParkingGarage Door Opener,Inside Access,Underground, Assigned,Parking Space Conveys, Off Street,Parking Garage
MLS #MDAA2094974
Garage2 spaces

Summary

  • MLS Number: MDAA2094974
  • MLS Name: BRIGHT
  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (410) 266-0600
  • Office Email: annapoliswest@penfedrealty.com
  • Listing Agent: Scott M. Schuetter

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: 2/21/2025, 4:20:56 PM 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 outdoor building at dusk

$650,000

5 Park Pl Unit 514

$7,719

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 04, 2021
Home Sold
$489,000
Apr 07, 2017
Home Sold
$460,000
Dec 22, 2010
Home Sold
$399,000

Tax history

YearAssessmentProperty Tax
2024$396,000$5,686
2023$396,000$5,686
2022$396,000$5,579
2021$396,000$5,018
2020$396,000$5,405
2018$360,800$4,960
2017$343,200$4,478

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. Most Annapolis, MD residents have annual incomes between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

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

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Frequently asked questions

Living in Annapolis, MD

About 5 Park Pl Unit 514

This home is located at 5 Park Pl Unit 514 in Annapolis, MD and zip code 21401. This 1,056 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $650,000.

Over 18 listings were sold over their listed price in January 2025 in Annapolis, MD. In the same period over 32 listings were sold below the listed price and 17 listings were sold for the listed price. In January 2025 in Annapolis, MD there were 9.8% less homes for sale than in December. The median list price of listings available in January 2025 was $600,241, while the average time on the real estate market was 41 days.

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

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