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$632,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,336 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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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 for 5 Park Pl #508

General

  • Price: $632,000
  • HOA FEE: $1,115/month
  • Taxes: $7,179 (2025)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDAA2145690
  • Updated: 5/19/2026
  • Added to Site: 1 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
  • Tax Total Finished Sq. Ft.: 1336

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 5 Park Pl #508 —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 5 Park Pl #508

School District:Anne Arundel County Public Schools
NameGradesDistance
Annapolis Elementary School
180 Green Street, Annapolis, MD 21401
PK-50.9 mi
Wiley H. Bates Middle School
701 Chase Street, Annapolis, MD 21401
6-80.4 mi
Annapolis High School
2700 Riva Road, Annapolis, MD 21401
9-123.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$632,000
30.31%
MLS
9/24/2021
Sold
$485,000
—
Public Record
Get Price Alerts and Save Property
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 for 5 Park Pl #508

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,179
—
$501,000
—
2023
$7,194
2%
$501,000
—
2022
$7,059
11%
$501,000
—
2018
$6,349
-10%
$501,000
—
2021
$7,064
5%
$501,000
5%
2020
$6,755
6%
$478,733
5%
2019
$6,349
12%
$456,467
5%
2018
$5,666
2%
$434,200
3%
2017
$5,532
3%
$422,600
3%
2016
$5,396
2%
$411,000
3%
2015
$5,292
—
$399,400
—
2014
$5,316
—
$399,400
—
View All
Disclaimer: Historical tax 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 #508, Annapolis, MD 21401 (MLS# MDAA2145690) is a Condo property with 2 bedrooms and 2 full bathrooms. 5 Park Place #508 is currently listed for $632,000 and was received on May 19, 2026. This property is 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.

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