5 Park Place #508, Annapolis, MD 21401 - Photo 1

1/1

$625,000

Sold
Closed
Condo
2 Beds
2 Full Baths
1,336 Sq. Ft.
1 Car Garage
Updated 5 days ago

1/1

Property Description

Experience luxury, comfort, and convenience at The Residence at Park Place! This beautifully maintained two-bedroom, two-bath condominium offers an exceptional blend of elegance and modern living in one of Annapolis' premier communities. The open-concept floor plan seamlessly connects the living and dining areas, creating a bright and inviting space perfect for everyday living and entertaining. Freshly painted and truly move-in ready, the gourmet kitchen features updated stainless steel appliances (2021-2023), a gas range, recessed LED lighting, granite countertops, and abundant cabinetry for both style and functionality. Retreat to the spacious primary bedroom suite complete with a walk-in closet and a serene ensuite bath featuring a double vanity, updated fixtures, and a beautifully tiled tub/shower combination. The second bedroom is equally impressive with its own large walk-in closet. Both bedrooms feature custom remote-operated room-darkening window treatments for added comfort and privacy. Additional highlights include luxury vinyl plank flooring throughout with no carpet anywhere, a newer HVAC system (2023), in-unit laundry (2022), and a premium assigned garage parking space (S255). Residents of Park Place enjoy resort-style amenities including a secure lobby with concierge service, outdoor pool, hot tub, fitness center, party room, library, beautifully landscaped garden areas, outdoor dining spaces, and a dog park. Ideally located just minutes from dining, shopping, and entertainment, and within walking distance to historic downtown Annapolis, the US Naval Academy, and Navy-Marine Corps Memorial Stadium, this exceptional residence offers upscale Annapolis living at its finest.

Full Property Details

Full Property Details for 5 Park Pl #508

General

Sold For: $625,000
HOA FEE: $1,115/month
Taxes: $7,179 (2025)
Status: Closed
Type: Condo
Source: BrightMLSMidAtlantic
MLS ID: MDAA2145690
Added to Site: 50 day(s) ago

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: Club House, Community Center, Common Grounds, Concierge, Dog Park, Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Security, Swimming Pool
Shared Pool: Yes
Pool: Yes

Parking

Garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Type: Parking Garage
Garage Description: Garage Door Opener, Underground, Basement Garage

Location

Municipality: Annapolis
County: ANNE ARUNDEL
Subdivision: RESIDENCES AT PARK PLACE
Building Name: PARK PLACE CONDOMINIUMS
Driving Directions: GPS to 5 Park Place, Annapolis, MD
City Limits: Yes

School Information

School District: Anne Arundel County Public Schools

Community

Assoc. Fees Include: Common Area Maintenance, Gas, Heat, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water
Pets Allowed: Yes
Pets: Case by Case Basis

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Central
Heating Fuel: Other
Water Heater: Other

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available, Cable TV, Electric Available, Natural Gas Available, Phone, Phone Available, Sewer Available, Water Available

Structural Information

Architectural Style: Beaux Arts, French, Transitional, Unit/Flat
Structure Type: Mid-Rise 5 - 8 Floors
Construction: Concrete, Stone
Entry Floor Number: 5
Elevator(s ): 4
Stories/Levels: 7
Stories Description: Main
Square Feet: 1,336
Sq. Ft. Source: Assessor
Living Area: 1,336 Sq. Ft.
Finished Above Grnd: 1,336 Sq. Ft.
Year Built: 2007
Year Built Source: Assessor

Lot Features

Zoning: RESIDENTIAL

Financial Considerations

Price Per Sq. Ft.: $473.05
Condo Fee: $1,115
Condo Fee Freq: Monthly
Assessment Year: 2026
City/TownTax: $3,697
City/TownTax Freq: Annually
County Tax: $3,482
County Tax Freq: Annually
Tax w/Assessment: $501,000
Tax Amount: $7,179
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1336

Disclosures and Reports

Ownership: Condominium
Condo: Yes

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Meet the listing agents

— 5 Park Pl #508 —

David Yee

Email Me

(410) 487-5980 mobile
(410) 263-8686 office
Deborah Osman

Email Me

(443) 995-7142 mobile
(410) 263-8686 office

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Schools

Schools serving 5 Park Pl #508

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 #508

Date

Details

Price

Change

Source

6/25/2026

Sold

$625,000

-1.11%

MLS

5/19/2026

Listed

$632,000

—

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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Beds
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Total Baths
3,384
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Beds
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Total Baths
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Sq. Ft.

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5 Park Place #508, Annapolis, MD 21401 (MLS# MDAA2145690) is a Condo property that was sold at $625,000 on June 25, 2026. This property was listed by David Yee from our Annapolis Church Circle Office.Want to learn more about 5 Park Place #508? 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 #508 Annapolis, MD 21401