NOT LISTED FOR SALE

Residences at Park Place 5 Park Place Unit 204 Annapolis, MD 21401

Forest Villa Neighborhood

Estimated Value: $656,000 - $725,613

2 Beds
2 Baths
1,265 Sq Ft
$796/mo HOA Fee

Last Sold January 26, 2021

Last sale price $520,000 $411 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,101/month

46 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Penthouse
  • Fitness Center
  • Transportation Service
  • Gated Community

About This Home

As of January 2021

Beautiful 2 BR with Front Fountain Courtyard view. Exquisitely furnished.(Interior Furnishings available separately). Hardwood floors, Stainless GE appliances, Granite counter, window treatments. Includes two underground garage parking spaces. Very quiet, secure, and enjoyable residential experience. Very near downtown City Dock Annapolis. Just blocks to many restaurants and entertainment venues. Fantastic amenities included in facilities: 24/7 live concierge/security in lobby, closed circuit security cameras, 2 pools, hot tub, outdoor gourmet BBQ kitchens, dining courtyard, fitness center, party room, TV/Media lounge library, gardening area, jogging biking path, and much more. The quintessential Annapolis lifestyle !!!

Last Agent to Sell the Property

George Gorayeb

Anne Arundel Properties, Inc. Listed on: 11/05/2020

Last Buyer's Agent

Sofia Jones

Northrop Realty

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,350

Year Built

  • Built in 2007

Lot Details

  • 1,263

HOA Fees

  • $796 Monthly HOA Fees

Parking

  • Basement Garage
  • Garage Door Opener

Home Design

  • Penthouse
  • Beaux Arts Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Alarm System
  • Security Gate
  • Intercom
  • Exterior Cameras
  • Motion Detectors

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
  • Low Pile Carpeting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020666790226911

Community Details

Overview

  • Association fees include alarm system, common area maintenance, custodial services maintenance, exterior building maintenance, gas, lawn maintenance, management, pool(s), reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Residence At Park Place Community

Amenities

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

Recreation

  • Community Spa
  • Jogging Path
  • Bike Trail

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,350

Year Built

Built in 2007

Lot Details

0

HOA Fees

$796 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Beaux Arts
  • Accessibility Features: 48"+ Halls, >84" Garage Door, Doors - Lever Handle(s), Doors - Swing In, Elevator, Low Bathroom Mirrors, Low Pile Carpeting
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful 2 BR with Front Fountain Courtyard view. Exquisitely furnished.(Interior Furnishings available separately). Hardwood floors, Stainless GE appliances, Granite counter, window treatments. Includes two underground garage parking spaces. Very quiet, secure, and enjoyable residential experience. Very near downtown City Dock Annapolis. Just blocks to many restaurants and entertainment venues. Fantastic amenities included in facilities: 24/7 live concierge/security in lobby, closed circuit security cameras, 2 pools, hot tub, outdoor gourmet BBQ kitchens, dining courtyard, fitness center, party room, TV/Media lounge library, gardening area, jogging biking path, and much more. The quintessential Annapolis lifestyle !!!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Elevators Count: 4
  • Floors In Unit Count: 7
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 418.89
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Basement Garage, Garage Door Opener
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

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
  • Security: Exterior Cameras, Electric Alarm, Desk In Lobby, Carbon Monoxide Detector(s), 24 Hour Security, Intercom, Main Entrance Lock, Motion Detectors, Resident Manager, Security Gate, Security System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 796.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Billiard Room, Common Grounds, 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, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Security, Transportation Service
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 235500.00
  • Land Assessed Value: 235500.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15455023
  • Tax Annual Amount: 6350.00
  • Assessor Parcel Number: 020666790226911
  • Tax Total Finished Sq Ft: 1256
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/26/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 25, 2021
Sold by
Holk Fred A and Holk Nancy L
Bought by
Cummings Candra
Seller's Agent
George Gorayeb
Anne Arundel Properties, Inc.
Buyer's Agent
Sofia Jones
Northrop Realty
List Price
$529,900
Sold Price
$520,000
Premium/Discount to List
-$9,900
-1.87%
Current Estimated Value
$687,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,903
Avg. Annual Appreciation
6.12%
Original Mortgage
$390,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jul 2, 2014
Sold by
Ruben Wayne and Ruben Ronna
Bought by
Holk Fred A and Holk Nancy L
Seller's Agent
George Gorayeb
Anne Arundel Properties, Inc.
Buyer's Agent
Our Maryland Home Team
ExecuHome Realty
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$322,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2010
Sold by
Federal National Mortgage Association
Bought by
Pnc Bank National Assoc

Purchase Details

Closed on
May 29, 2009
Sold by
Dresser Martin R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 17, 2007
Sold by
Park Place Res Condo Trust
Bought by
Dresser Martin R and Hoffman Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,175
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2007
Sold by
Park Place Res Condo Trust
Bought by
Dresser Martin R and Hoffman Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,175
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Cummings Candra $520,000 Universal Title
Holk Fred A $460,000 First American Title Ins Co
Pnc Bank National Assoc $360,000 --
Federal National Mortgage Association $450,000 --
Dresser Martin R $586,500 --
Dresser Martin R $586,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Candra $390,000
Previous Owner Holk Fred A $322,000
Previous Owner Dresser Martin R $140,175
Previous Owner Dresser Martin R $140,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $520,000 -1.9% $411 / Sq Ft
11/05/2020 11/05/20 For Sale $529,900 +15.2% $419 / Sq Ft
06/30/2014 06/30/14 Sold $460,000 -3.1% $364 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/22/2014 04/22/14 Price Changed $474,900 -5.0% $375 / Sq Ft
02/01/2014 02/01/14 For Sale $499,900 +8.7% $395 / Sq Ft
01/31/2014 01/31/14 Off Market $460,000 -- --
04/25/2013 04/25/13 For Sale $499,900 -- $395 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $6,768 $471,000 $235,500 $235,500
2024 $6,768 $471,000 $235,500 $235,500
2023 $6,764 $471,000 $235,500 $235,500
2022 $6,636 $471,000 $235,500 $235,500
2021 $13,273 $471,000 $235,500 $235,500
2020 $13,436 $471,000 $235,500 $235,500
2019 $13,267 $450,067 $0 $0
2018 $5,969 $429,133 $0 $0
2017 $5,058 $408,200 $0 $0
2016 -- $386,400 $0 $0
2015 -- $364,600 $0 $0
2014 -- $342,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • George Gorayeb

    Seller's Agent in 2021

    George Gorayeb

    Anne Arundel Properties, Inc.

    (410) 903-9026

    8 in this area

    10 Total Sales

    George Gorayeb
    Section Image

  • S

    Buyer's Agent in 2021

    Sofia Jones

    Creig Northrop Team of Long & Foster

    Section Image

  • O

    Buyer's Agent in 2014

    Our Maryland Home Team

    ExecuHome Realty

    Section Image
See All Agents

About Residences at Park Place

Map

Source: Bright MLS

MLS Number: MDAA451834

Bright MLS

APN: 06-667-90226911

Maryland Anne Arundel County Annapolis 21401 Forest Villa

5 Park Place Unit 204, Annapolis, MD

This home is located at 5 Park Place Unit 204, Annapolis, MD 21401 since 05 November 2020 and is currently estimated at $687,903, approximately $543 per square foot. This property was built in 2007. 5 Park Place Unit 204 is a home located in Anne Arundel County with nearby schools including Germantown Elementary School, Wiley H. Bates Middle School, and Annapolis High School.

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