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$499,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 792 Sq. Ft.
  • 1 Car Garage
  • Updated 7 days ago
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Downtown living at its finest! A Naval Academy family dream location! An open layout combines living and dining areas with a modern kitchen, creating a comfortable, functional main living space that's ideal for everyday living and easy entertaining. Beautiful hardwood floors, stainless steel appliances, in-unit laundry, and plenty of storage enhance the interior, while large windows bring in abundant natural light, making the space feel bright and inviting. An open layout combines living and dining areas with a modern kitchen, creating a comfortable, functional main living space that's ideal for everyday living and easy entertaining. Beautiful hardwood floors, stainless steel appliances, in-unit laundry, and plenty of storage enhance the interior, while large windows bring in abundant natural light, making the space feel bright and inviting. Residence at Park Place is near all that Annapolis has to offer. An easy walk to restaurants, city dock, Naval Academy, Main Street, year-round waterfront events, and shopping! Your commute just got easier with direct access to Routes 50/97, Baltimore & BWI airport, Fort Meade, and the Eastern Shore! Come see your new home! (furniture negotiable)

Full Property Details for 5 Park Pl #725

General

  • Price: $499,000
  • HOA FEE: $813/month
  • Taxes: $7,088 (2026)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDAA2140048
  • Updated: 3/27/2026
  • Added to Site: 7 day(s) ago

Interior

  • Number of Rooms: 5
  • Rooms/Areas: Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 1

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Main & Up: 1

Additional Information

  • Shared Amenities: Fitness Center, Meeting Room, Library, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Dog Park, Elevator, Exercise Room
  • Shared Pool: Yes
  • Pool: Yes

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Type: Parking Garage
  • Garage Description: Basement Garage, Covered Parking, Underground

Location

  • County: ANNE ARUNDEL
  • Subdivision: RESIDENCES AT PARK PLACE
  • Driving Directions: Off or Taylor Ave or West Street (garage is off of West Street)
  • City Limits: Yes

School Information

  • School District: Anne Arundel County Public Schools

Community

  • Assoc. Fees Include: Common Area Maintenance, Gas, Ext Bldg Maint, Management, Parking Fee, Pool(s), Security Gate, Snow Removal
  • Pets Allowed: Yes
  • Pets: Case by Case Basis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • 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: 7
  • Stories Description: Main
  • Square Feet: 792
  • Sq. Ft. Source: Estimated
  • Living Area: 792 Sq. Ft.
  • Finished Above Grnd: 792 Sq. Ft.
  • Year Built: 2007
  • Year Built Source: Estimated
  • Property Condition: Excellent

Lot Features

  • Zoning: MX

Financial Considerations

  • Price Per Sq. Ft.: $630.05
  • Condo Fee: $813
  • Condo Fee Freq: Monthly
  • Assessment Year: 2026
  • City/TownTax: $3,575
  • City/TownTax Freq: Annually
  • County Tax: $3,438
  • County Tax Freq: Annually
  • Tax w/Assessment: $494,700
  • Tax Amount: $7,088
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes

Listed by Compass, Megan Koppe

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Listing agent

— 5 Park Pl #725 —

  • Megan Koppe

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5 Park Pl #725

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 #725 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$499,000
29.61%
MLS
9/07/2022
Sold
$385,000
—
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 #725

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,696
3%
$335,300
3%
2023
$4,571
—
$326,800
3%
2023
$4,571
2%
$318,300
—
2022
$4,485
17%
$318,300
—
2018
$3,838
-14%
$318,300
—
2021
$4,488
7%
$318,300
7%
2020
$4,192
9%
$297,100
8%
2019
$3,838
15%
$275,900
8%
2018
$3,324
—
$254,700
—
2017
$3,334
—
$254,700
—
2016
$3,344
-8%
$254,700
-7%
2015
$3,621
—
$273,300
—
2014
$3,638
—
$273,300
—
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.

Estimate the Cost for 5 Park Pl #725

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Megan Koppe

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5 Park Place #725, Annapolis, MD 21401 (MLS# MDAA2140048) is a Condo property with 1 bedroom and 1 full bathroom. 5 Park Place #725 is currently listed for $499,000 and was received on March 27, 2026. Want to learn more about 5 Park Place #725? 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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