NOT LISTED FOR SALE

Residences at Park Place 5 Park Place Unit 131 Annapolis, MD 21401

Forest Villa Neighborhood

Estimated Value: $386,000 - $554,000

1 Bed
1 Bath
883 Sq Ft
871 Sq Ft Lot Lot

Sale Details

Date Sold: March 6, 2023

Last sale price $399,900 $453 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,473 / mo

Highlights

  • Concierge
  • Taxi Service
  • Beaux Arts Architecture
  • Fitness Center
  • Gated Community
  • Community Pool

About This Home

As of March 2023

This home is located at 5 Park Place Unit 131, Annapolis, MD 21401 since 13 February 2023 and is currently estimated at $463,959, approximately $525 per square foot. This property was built in 2007. 5 Park Place Unit 131 is a home located in Anne Arundel County with nearby schools including Germantown Elementary School, Wiley H. Bates Middle School, and Annapolis High School.

Last Agent to Sell the Property

Phil Gerdes

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Annapolis License #0225261065 Listed on: 02/13/2023

Real Broker, LLC - Annapolis

Last Buyer's Agent

Carol Tinnin

(410) 224-3200 ctinnin2003@yahoo.com RE/MAX Leading Edge License #95095

RE/MAX Leading Edge

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 871

HOA Fees

  • $565 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Beaux Arts Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 883 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Low Bathroom Mirrors
  • Halls are 48 inches wide or more
  • Garage doors are at least 85 inches wide
  • Doors swing in
  • Doors with lever handles

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020666790226906

Community Details

Overview

  • Association fees include alarm system, common area maintenance, custodial services maintenance, exterior building maintenance, fiber optics available, gas, insurance, lawn maintenance, management, pool(s), security gate, road maintenance, reserve funds, recreation facility, sewer, snow removal, trash, water
  • Mid-Rise Community
  • Park Place Subdivision
  • Property Manager

Amenities

  • Concierge
  • Fax or Copying Available
  • Taxi Service
  • Transportation Service
  • Newspaper Service
  • Picnic Area
  • Common Area
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Community Storage Space

Recreation

  • Community Spa
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

871 Sq Ft Lot

HOA Fees

$565 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Beaux Arts
  • Accessibility Features: >84" Garage Door, 48"+ Halls, Doors - Lever Handle(s), Doors - Swing In, Elevator, Low Bathroom Mirrors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-23
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 883
  • Living Area Sq Ft: 883
  • Price Per Sq Ft: 452.89
  • Above Grade Finished Sq Ft: 883
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Basement Garage, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 565.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Billiard Room, Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Extra Storage, Fax/Copying, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Library, Meeting Room, Newspaper Service, Party Room, Picnic Area, Reserved/Assigned Parking, Security, Taxi Service, Transportation Service
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Fiber Optics Available, Gas, Insurance, Lawn Maintenance, Management, Pool(s), Security Gate, Road Maintenance, Reserve Funds, Recreation Facility, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 165600.00
  • Land Assessed Value: 165500.00
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15455032
  • Tax Annual Amount: 1.00
  • Assessor Parcel Number: 020666790226906
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 6, 2023
Sold by
Bought by
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Carol Tinnin
RE/MAX Leading Edge
Sold Price
$399,900
Current Estimated Value
$463,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,059
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 15, 2022
Sold by
Bought by
Seller's Agent
George Gorayeb
Anne Arundel Properties, Inc.
Buyer's Agent
Michelle Labanowski
Cummings & Co. Realtors
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$399,900 Liberty Title
$379,000 None Listed On Document
$369,000 --
$369,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2023 03/06/23 Sold $399,900 +5.5% $453 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
04/15/2022 04/15/22 Sold $379,000 0.0% $466 / Sq Ft View Prior Sale
03/31/2022 03/31/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $379,000 0.0% $466 / Sq Ft
12/17/2019 12/17/19 Rented $2,200 0.0% --
11/18/2019 11/18/19 For Rent $2,200 0.0% --
04/12/2017 04/12/17 Sold $345,000 -10.4% $424 / Sq Ft View Prior Sale
03/26/2017 03/26/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $384,900 0.0% $473 / Sq Ft
01/26/2014 01/26/14 Rented $2,200 -4.3% --
01/26/2014 01/26/14 Under Contract -- -- --
10/01/2013 10/01/13 For Rent $2,300 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,885 $348,767 -- --
2024 $4,885 $339,933 $0 $0
2023 $4,755 $331,100 $165,500 $165,600
2022 $4,665 $331,100 $165,500 $165,600
2020 $4,669 $331,100 $165,500 $165,600
2019 $4,360 $309,033 $0 $0
2018 $3,992 $286,967 $0 $0
2017 $3,390 $264,900 $0 $0
2016 -- $259,000 $0 $0
2015 -- $253,100 $0 $0
2014 -- $247,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Gerdes

    Seller's Agent in 2023

    Phil Gerdes

    Real Broker, LLC - Annapolis

    (443) 694-7366

    11 in this area

    481 Total Sales

    Phil Gerdes
    Section Image
  • Carol Tinnin

    Buyer's Agent in 2023

    Carol Tinnin

    RE/MAX

    (410) 808-1838

    8 in this area

    193 Total Sales

    Carol Tinnin
    Section Image
  • George Gorayeb

    Seller's Agent in 2022

    George Gorayeb

    Anne Arundel Properties, Inc.

    (410) 903-9026

    6 in this area

    8 Total Sales

    George Gorayeb
    Section Image
  • Michelle Labanowski

    Buyer's Agent in 2022

    Michelle Labanowski

    Cummings & Co Realtors

    (443) 617-3688

    1 in this area

    65 Total Sales

    Michelle Labanowski
    Section Image
  • Jane Jing

    Buyer's Agent in 2019

    Jane Jing

    Havarest Realty

    (202) 498-5808

    17 Total Sales

    Jane Jing
    Section Image
  • William Hyland

    Buyer's Agent in 2017

    William Hyland

    Anne Arundel Properties, Inc.

    (410) 570-9111

    3 in this area

    12 Total Sales

    William Hyland
    Section Image
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About Residences at Park Place

Map

Source: Bright MLS

MLS Number: MDAA2053538

Bright MLS

APN: 06-667-90226906

Maryland Anne Arundel County Annapolis 21401 Forest Villa

5 Park Place Unit 131, Annapolis, MD

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