5 Park Place #507, Annapolis, MD 21401 - Photo 1

1/1

$620,000

Sold
Closed
Condo
2 Beds
2 Full Baths
1,277 Sq. Ft.
2 Car Garage
Updated 9 days ago

1/1

Property Description

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. 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!

Full Property Details

Full Property Details for 5 Park Pl #507

General

Sold For: $620,000
HOA FEE: $1,032/month
Taxes: $6,880 (2024)
Status: Closed
Type: Condo
Source: BrightMLSMidAtlantic
MLS ID: MDAA2113228
Added to Site: 263 day(s) ago

Interior

Interior Features: 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
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Single, Refrigerator
Flooring: Ceramic Tile, Carpet, Engineered Wood, Hardwood, Luxury Vinyl Tile, Partially Carpeted

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: Dryer In Unit, Washer In Unit

Additional Information

Shared Amenities: Bike Trail, Billiard Room, Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Jog/Walk Path, Library, Meeting Room, Newspaper Service, Party Room, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking, Security
Shared Pool: Yes
Pool: Yes

Exterior

Porch/Patio/Deck: Terrace

Parking

Garage: Yes
Garage Spaces: 2
Assigned Spaces: 2
Total Spaces: 2
Parking Features: Assigned, Parking Space Conveys
Parking Type: Attached Garage
Garage Description: Covered Parking, Garage - Front Entry, Garage Door Opener

Location

Municipality: Annapolis
County: ANNE ARUNDEL
Subdivision: PARK PLACE
Driving 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.
City Limits: Yes

School Information

School District: Anne Arundel County Public Schools

Community

Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Insurance, Custodial Services Maintenance, Management, Security Gate, Road Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash, Water
Pets Allowed: Yes
Pets: Pet Addendum/Deposit

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Ceiling Fan(s)
Cooling Fuel: Electric
Heating Type: Central
Heating Fuel: Electric
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Under Ground

Structural Information

Architectural Style: Unit/Flat
Structure Type: Mid-Rise 5 - 8 Floors
Construction: Concrete, Brick, Combination
Entry Floor Number: 5
Stories Description: Main
Square Feet: 1,277
Sq. Ft. Source: Assessor
Living Area: 1,277 Sq. Ft.
Finished Above Grnd: 1,277 Sq. Ft.
Year Built: 2007
Year Built Source: Assessor

Lot Features

Zoning: CITY OF ANNAPOLIS

Financial Considerations

Price Per Sq. Ft.: $531.71
Condo Fee: $1,032
Condo Fee Freq: Monthly
Assessment Year: 2025
City/TownTax: $3,533
City/TownTax Freq: Annually
County Tax: $3,347
County Tax Freq: Annually
Tax w/Assessment: $478,800
Tax Amount: $6,880
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1277

Disclosures and Reports

Ownership: Condominium
Condo: Yes
Inclusions: Custom window treatments, Sony 70" OLED TV over fireplace; electric fireplace; Murphy bed including the sofa and coffee table

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Meet the listing agent

— 5 Park Pl #507 —

K. Ann Chumney

Email Me

(410) 693-4880 mobile
(410) 263-8686 office

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Schools

Schools serving 5 Park Pl #507

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 #507

Date

Details

Price

Change

Source

11/20/2025

Sold

$620,000

-8.69%

MLS

10/19/2025

Price Increased

$679,000

0.59%

MLS

4/28/2025

Listed

$675,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5 Park Place #507, Annapolis, MD 21401 (MLS# MDAA2113228) is a Condo property that was sold at $620,000 on November 20, 2025. This property was listed by K. Ann Chumney from our Annapolis Church Circle Office.Want to learn more about 5 Park Place #507? 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.

5 Park Pl #507 Annapolis, MD 21401