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$564,000
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Property Description
Picture this for your next home in historic Annapolis: a bright, open, two-bedroom, two-bath condo in the Residences at Park Place. Conveniently located near Rt. 50 and Rt. 97, with easy access to Washington, D.C., Baltimore, and BWI Airport, this home is just a short walk from Annapolis fine restaurants, unique boutiques, live entertainment, and the iconic U.S. Naval Academy. Surrounded by the charm of cobblestone streets, waterfront views, and the lively energy of City Dock and Ego Alley, this condo offers luxury living with amenities like a private outdoor pool, an enclosed pet park, a well-equipped exercise room, a community room, secure garage parking for two vehicles, and on-site professional property management. The furnishings in the images have been virtually staged to help you picture the home's full potential and layout possibilities. Contact your real estate professional to schedule a private tour.
Full Property Details
Full Property Details for 5 Park Pl #314
General
- Price: $564,000
- HOA FEE: $1,115/month
- Taxes: $5,690 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDAA2108870
- Updated: 2/17/2026
- Added to Site: 342 day(s) ago
Interior
- Number of Rooms: 6
- Rooms/Areas: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
- Interior Features: Floor Plan - Open
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric, Mantel(s)
- Appliances: Oven/Range - Gas, Refrigerator, Washer, Dryer, Built-In Microwave, Dishwasher, Disposal
- Flooring: Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Washer In Unit, Dryer In Unit
Additional Information
- Shared Amenities: Common Grounds, Concierge, Elevator, Fitness Center, Library, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking, Security, Swimming Pool
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: 24 hour security, Desk in Lobby, Main Entrance Lock
Exterior
- Exterior Features: BBQ Grill, Exterior Lighting
- Porch/Patio/Deck: Patio(s), Terrace
Parking
- Garage: Yes
- Garage Spaces: 2
- Assigned Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned
- Parking Type: Parking Garage
- Garage Description: Garage Door Opener, Underground
Location
- Municipality: Annapolis
- County: ANNE ARUNDEL
- Subdivision: PARK PLACE
- Building Name: RESIDENCES AT PARK PLACE
- Cross Streets: West Street
- Driving Directions: From Rt 50 exit to West St, continue east to Park Place, to Residence at circle. From Annapolis follow West St to Park Place to Residence at circle.
- Direction Faces: South
- Location Details: Downtown
- City Limits: Yes
School Information
- School District: Anne Arundel County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water, Parking Fee
- Pets Allowed: Yes
- Pets: Case by Case Basis, Cats OK, Dogs OK, Size/Weight Res
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Natural Gas Available
Structural Information
- Architectural Style: Beaux Arts
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Other
- Entry Floor Number: 3
- Elevator(s ): 4
- Stories/Levels: 7
- Stories Description: Main
- Square Feet: 1,056
- Sq. Ft. Source: Estimated
- Living Area: 1,056 Sq. Ft.
- Finished Above Grnd: 1,056 Sq. Ft.
- Year Built: 2007
- Year Built Source: Assessor
Unit Information
- Unit Floor in Bldg.: 1
Lot Features
- Zoning: RESIDENTIAL CONDOMINIUM
Financial Considerations
- Price Per Sq. Ft.: $534.09
- Condo Fee: $1,115
- Condo Fee Freq: Monthly
- Assessment Year: 2025
- City/TownTax: $2,922
- City/TownTax Freq: Annually
- County Tax: $2,768
- County Tax Freq: Annually
- Tax w/Assessment: $396,000
- Tax Amount: $5,690
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Inclusions: Two (2) adjacent secure garage parking spaces
Listed by Anne Arundel Properties, Inc., William H Hyland
Get Pre-Approved Today
Schools
Schools serving 5 Park Pl #314
School District:Anne Arundel County Public Schools
| Name | Grades | Distance |
|---|---|---|
Germantown Elementary School, Annapolis, MD 200 Windell Avenue, Annapolis, MD 21401 | PK-5 | 0.7 mi |
Wiley H. Bates Middle School 701 Chase Street, Annapolis, MD 21401 | 6-8 | 0.4 mi |
Annapolis High School 2700 Riva Road, Annapolis, MD 21401 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Park Pl #314
Date
Details
Price
Change
Source
2/17/2026
Price Increased
$564,000
1.81%
MLS
8/19/2025
Price Reduced
$554,000
-3.48%
MLS
5/02/2025
Price Reduced
$574,000
-3.53%
MLS
3/15/2025
Listed
$595,000
36.78%
MLS
3/16/2021
Sold
$435,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 Park Pl #314
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,675
—
$396,000
—
2023
$5,687
2%
$396,000
—
2022
$5,580
11%
$396,000
—
2018
$5,019
-10%
$396,000
—
2021
$5,584
5%
$396,000
5%
2020
$5,339
6%
$378,400
5%
2019
$5,019
12%
$360,800
5%
2018
$4,479
4%
$343,200
4%
2017
$4,313
4%
$329,467
4%
2016
$4,146
4%
$315,733
5%
2015
$4,002
—
$302,000
—
2014
$4,020
—
$302,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 Park Pl #314
5 Park Place #314, Annapolis, MD 21401 (MLS# MDAA2108870) is a Condo property with 2 bedrooms and 2 full bathrooms. 5 Park Place #314 is currently listed for $564,000 and was received on March 15, 2025. Want to learn more about 5 Park Place #314? Do you have questions about finding other Condo real estate for sale in Annapolis? You can browse all Annapolis real estate or contact a Coldwell Banker agent to request more information.

