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$720,000
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Property Description
Nestled in the prestigious Park Place community, this exquisite mid-rise Condominium building offers a harmonious blend of luxury and comfort. Spanning 1,328 square feet, this beautifully designed residence features two spacious bedrooms and two elegantly appointed bathrooms, including a walk-in shower and a relaxing tub shower, perfect for unwinding after a long day. Step inside to discover a warm and inviting atmosphere, enhanced by rich wood floors and carpeting that create a cozy yet sophisticated ambiance.The open layout seamlessly connects the living and dining areas, ideal for entertaining or enjoying quiet evenings at home. Enjoy the convenience of an entry-level bedroom and a generous walk-in closet, providing ample storage space. Recessed lighting throughout adds a touch of elegance, illuminating the space beautifully. As part of the Park Place community, residents have access to a wealth of amenities, including a refreshing outdoor pool, a well-equipped exercise room, and beautifully maintained common grounds. With assigned underground parking for two vehicles and a dedicated dog park, this property caters to a lifestyle of ease and luxury. Walk to restaurants and shopping. Enjoy all the intown activities that Annapolis offers. Experience the perfect blend of comfort and sophistication in this remarkable home, where every detail has been thoughtfully curated for an exclusive living experience.
Full Property Details
Full Property Details for 5 Park Pl #506
General
- Price: $720,000
- HOA FEE: $1,115/month
- Taxes: $7,136 (2026)
- Status: Under Contract
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDAA2153724
- Updated: 8/15/2026
- Added to Site: 61 day(s) ago
Interior
- Interior Features: Bathroom - Walk-In Shower, Entry Level Bedroom, Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wood Floors, Carpet, Bathroom - Tub Shower
- Appliances: Built-In Microwave, Dishwasher, Disposal
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Additional Information
- Shared Amenities: Common Grounds, Dog Park, Elevator, Exercise Room, Meeting Room, Party Room, Pool - Outdoor, Security
- Shared Pool: Yes
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Assigned Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned
- Parking Type: Parking Garage
- Garage Description: Underground
Location
- County: ANNE ARUNDEL
- Subdivision: PARK PLACE
- Driving Directions: Corner of Taylor Ave and West St
- City Limits: Yes
School Information
- School District: Anne Arundel County Public Schools
Community
- Assoc. Fees Include: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Gas, Management, Pool(s), Sewer, Snow Removal, Trash, Water
- Pets Allowed: Yes
- Pets: Number Limit
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Beaux Arts
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Concrete
- Entry Floor Number: 5
- Stories Description: Main
- Square Feet: 1,328
- Sq. Ft. Source: Assessor
- Living Area: 1,328 Sq. Ft.
- Finished Above Grnd: 1,328 Sq. Ft.
- Year Built: 2007
- Year Built Source: Estimated
Lot Features
- Zoning: ANNAPOLIS
Financial Considerations
- Price Per Sq. Ft.: $542.17
- Condo Fee: $1,115
- Condo Fee Freq: Monthly
- Assessment Year: 2026
- City/TownTax: $3,675
- City/TownTax Freq: Annually
- County Tax: $3,461
- County Tax Freq: Annually
- Tax w/Assessment: $498,000
- Tax Amount: $7,136
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 1328
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Listed by Long & Foster Real Estate, Inc., Elizabeth A Heinsohn
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Schools
Schools serving 5 Park Pl #506
School District:Anne Arundel County Public Schools
| Name | Grades | Distance |
|---|---|---|
Annapolis Elementary School 180 Green Street, Annapolis, MD 21401 | PK-5 | 0.9 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Park Pl #506
Date
Details
Price
Change
Source
8/09/2026
Listed
$720,000
25.22%
MLS
6/28/2021
Sold
$575,000
—
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 #506
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,136
—
$498,000
—
2023
$7,151
2%
$498,000
—
2022
$7,017
11%
$498,000
—
2018
$6,311
-10%
$498,000
—
2021
$7,022
5%
$498,000
5%
2020
$6,714
6%
$475,867
5%
2019
$6,311
12%
$453,733
5%
2018
$5,632
2%
$431,600
3%
2017
$5,499
3%
$420,067
3%
2016
$5,364
2%
$408,533
3%
2015
$5,260
—
$397,000
—
2014
$5,284
—
$397,000
—
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 #506
5 Park Place #506, Annapolis, MD 21401 (MLS# MDAA2153724) is a Condo property with 2 bedrooms and 2 full bathrooms. 5 Park Place #506 is currently listed for $720,000 and was received on August 09, 2026. Want to learn more about 5 Park Place #506? 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.

