Seller's Agent in 2025
George Gorayeb
Anne Arundel Properties, Inc.
(410) 903-9026
8 in this area
10 Total Sales
Residences at Park Place 5 Park Place Unit 431 Annapolis, MD 21401
Forest Villa Neighborhood
1
Bed
1
Bath
839
Sq Ft
$530/mo
HOA Fee
Highlights
- Concierge
- 24-Hour Security
- Gourmet Kitchen
- Fitness Center
- Taxi Service
- Gated Community
About This Home
As of April 2022PLEASE TAKE A LOOK AT EVERY CONDO IN THE BUILDING SOLD IN THE LAST YEAR AND THEN MAKE AN APPOINTMENT TO SEE THIS IMMEDIATELY!!! HUGE PRICE REDUCTION!!! Live the luxury lifestyle in Annapolis without the luxury price tag! Park Place is perfectly located on West St. with access by foot to everything downtown Annapolis has to offer. The most amenity rich location in Annapolis, please don't leave until you see everything there is to offer. This unit is also in a very highly desired location within the building. Nestled into a nook of the building which creates a nice space away from the road and down a quiet hallway on the fourth floor. The interior is spotless with all of the upgrades that one desires, PLUS it can come fully furnished if desired. 1 premier parking space included - 2 spaces away from the entry door and on the first level!! You will be in your new place just in time to enjoy Springtime in Annapolis!!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 01/14/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 01/14/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,432
Year Built
- Built in 2007
Lot Details
- Property is in excellent condition
HOA Fees
- $530 Monthly HOA Fees
Parking
- Assigned parking located at #N113
- Basement Garage
Home Design
- Entry on the 4th floor
Interior Spaces
- 839 Sq Ft Home
- Open Floorplan
- Partially Furnished
- Crown Molding
- Recessed Lighting
- Window Treatments
- Family Room Off Kitchen
- Combination Kitchen and Living
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Stacked Washer and Dryer
Home Security
- Exterior Cameras
- Monitored
Accessible Home Design
- Accessible Elevator Installed
- No Interior Steps
- Level Entry For Accessibility
Schools
- Germantown Elementary School
- Bates Middle School
- Annapolis High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 020666790226996
Community Details
Overview
- Association fees include alarm system, common area maintenance, custodial services maintenance, exterior building maintenance, health club, lawn maintenance, management, pool(s), recreation facility, reserve funds, security gate, sewer, snow removal, trash
- $500 Other One-Time Fees
- Mid-Rise Condominium
- Park Place Condos
- Park Place Subdivision
- Property has 7 Levels
Amenities
- Concierge
- Taxi Service
- Newspaper Service
- Picnic Area
- Common Area
- Game Room
- Billiard Room
- Community Center
- Meeting Room
- Party Room
- Community Library
- Recreation Room
- Community Storage Space
- 4 Elevators
Recreation
- Jogging Path
- Bike Trail
Pet Policy
- Limit on the number of pets
- Pet Deposit Required
Security
- 24-Hour Security
- Front Desk in Lobby
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2019
Closed on
Oct 7, 2019
Sold by
Buss Mark
Bought by
Simpson Justin C
Seller's Agent
Mary Beth Paganelli
Long & Foster Real Estate, Inc.
Buyer's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$352,417
Outstanding Balance
$309,415
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$168,496
Purchase Details
Listed on
Feb 10, 2016
Closed on
Dec 1, 2016
Sold by
Stright Victoria Ann
Bought by
Buss Mark
Seller's Agent
George Gorayeb
Anne Arundel Properties, Inc.
Buyer's Agent
Mary Beth Paganelli
Long & Foster Real Estate, Inc.
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$248,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2012
Sold by
Stright Robert Leonard and Stright Victoria Ann
Bought by
Stright Victoria Ann
Purchase Details
Closed on
Jun 4, 2010
Sold by
Park Place Residential
Bought by
Stright Robert L and Stright Victoria A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $345,000 | Liberty T&E Of Md Llc | |
| Deed | $310,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,417 | VA | |
| Previous Owner | $248,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $489,900 | +30.6% | $584 / Sq Ft |
| 04/08/2022 04/08/22 | Sold | $375,000 | 0.0% | $447 / Sq Ft |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | Price Changed | $375,000 | -6.3% | $447 / Sq Ft |
| 02/10/2022 02/10/22 | Price Changed | $400,000 | -3.6% | $477 / Sq Ft |
| 01/31/2022 01/31/22 | Price Changed | $415,000 | -2.4% | $495 / Sq Ft |
| 01/14/2022 01/14/22 | For Sale | $425,000 | +23.2% | $507 / Sq Ft |
| 10/07/2019 10/07/19 | Sold | $345,000 | -1.1% | $424 / Sq Ft |
| 07/02/2019 07/02/19 | For Sale | $349,000 | +12.6% | $429 / Sq Ft |
| 12/01/2016 12/01/16 | Sold | $310,000 | -3.1% | $381 / Sq Ft |
| 10/16/2016 10/16/16 | Pending | -- | -- | -- |
| 09/29/2016 09/29/16 | Price Changed | $319,900 | -3.0% | $393 / Sq Ft |
| 09/03/2016 09/03/16 | Price Changed | $329,900 | -2.9% | $406 / Sq Ft |
| 08/18/2016 08/18/16 | Price Changed | $339,900 | -2.9% | $418 / Sq Ft |
| 07/01/2016 07/01/16 | For Sale | $349,900 | +12.9% | $430 / Sq Ft |
| 06/23/2016 06/23/16 | Off Market | $310,000 | -- | -- |
| 02/10/2016 02/10/16 | For Sale | $349,900 | -- | $430 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,641 | $331,333 | -- | -- |
| 2024 | $4,641 | $322,967 | $0 | $0 |
| 2023 | $4,518 | $314,600 | $157,300 | $157,300 |
| 2022 | $4,433 | $314,600 | $157,300 | $157,300 |
| 2021 | $8,865 | $314,600 | $157,300 | $157,300 |
| 2020 | $4,436 | $314,600 | $157,300 | $157,300 |
| 2019 | $7,685 | $293,633 | $0 | $0 |
| 2018 | $3,793 | $272,667 | $0 | $0 |
| 2017 | $3,295 | $251,700 | $0 | $0 |
| 2016 | -- | $251,700 | $0 | $0 |
| 2015 | -- | $251,700 | $0 | $0 |
| 2014 | -- | $270,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
George Gorayeb
-
Scott Schuetter
Seller's Agent in 2022
Scott Schuetter
BHHS PenFed (actual)
(410) 900-7668
10 in this area
333 Total Sales
-
Mary Beth Paganelli
Seller's Agent in 2019
Mary Beth Paganelli
Long & Foster
(410) 980-5812
4 in this area
126 Total Sales
About Residences at Park Place
Map
Source: Bright MLS
MLS Number: MDAA2019106
APN: 06-667-90226996
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