NOT LISTED FOR SALE

Estimated Value: $495,000 - $651,423

2 Beds
2 Baths
1,262 Sq Ft
1,263 Sq Ft Lot

Sale Details

Date Sold: October 5, 2021

Last sale price $525,000 $416 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,715 / mo

12 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Open Floorplan
  • 24-Hour Security
  • City View
  • Clubhouse

About This Home

As of October 2021

5 Park Place, #504 is a conveniently located 2-bedroom condo in the heart of Annapolis.  Walk to downtown, local restaurants, and shopping or stay home and enjoy the many amenities the Park Place community has to offer. The lower level of the building has a Party Room with billiards, full kitchen, seating, television, a club room, reading room, fitness center, and access to the outside facilities.  Join friends in the spacious courtyard, grill out on one of the many built-in outdoor grills, take a dip in the pool or hot tub, play in the open space, or take your furry friend to “bark-place” -- the private dog park. All of this is just steps from your home!

This 2-bedroom, 2-bathroom unit is located on the fifth floor of the secure building. There is elevator access to all levels including the parking garages where there are two designated spots for #504. This condo overlooks the courtyard and is filled with tons of natural light throughout. The living/dining area enjoys a gas fireplace. The kitchen has beautiful cherry cabinets, granite counters, and stainless steel appliances. On either side of the living room is a bedroom and bathroom. Both bedrooms have ample closet space, and one of the bathrooms includes a stacking washer & dryer. Gorgeous crown molding in the unit. Use it as a weekend get-away spot or as an investment opportunity – the current tenant would love to stay! A desirable location and excellent condition make this the condo for those looking to enjoy all that Annapolis has to offer under the lock-it and leave it lifestyle.

Last Agent to Sell the Property

Charlie Buckley

(410) 260-2800 charlie@waterfronthomes.org Long & Foster Real Estate, Inc. Listed on: 08/19/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Julie Katcef

(443) 292-6767 julie.katcef@engelvoelkers.com Engel & Völkers Annapolis License #641296

Engel & Völkers Annapolis

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,672

Year Built

  • Built in 2007

Lot Details

  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $796 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Parking Space Conveys

Property Views

  • Scenic Vista
  • Courtyard

Home Design

  • Traditional Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,262 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Gas Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Monitored

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Playground

Schools

  • Annapolis Elementary School
  • Bates Middle School
  • Annapolis High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 020666790227001

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, lawn maintenance, management, parking fee, pool(s), security gate, snow removal, trash, water
  • Mid-Rise Community
  • The Residence At Park Place Condos
  • Park Place Subdivision
  • Property Manager
  • Property has 6 Levels

Amenities

  • Picnic Area
  • Common Area
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Library

Recreation

  • Community Spa

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,672

Year Built

Built in 2007

Lot Details

1,263 Sq Ft Lot

HOA Fees

$796 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-08-19
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Disposal, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Primary Bath(s), Upgraded Countertops, Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1262
  • Living Area Sq Ft: 1262
  • Price Per Sq Ft: 419.18
  • Above Grade Finished Sq Ft: 1262
  • Above Grade Finished Area Units: Square Feet

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: Glass, Brick, Mixed
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Hot Tub, Play Area, Sidewalks
  • View: Courtyard, City, Scenic Vista
  • 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, Parking Space Conveys
  • Garage Features: Covered Parking, Basement Garage, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby, Main Entrance Lock, Monitored, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 795.88
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Residence at Park Place
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Hot Tub, Library, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Parking Fee, Pool(s), Security Gate, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ANNAPOLIS
  • High School: ANNAPOLIS
  • Middle Or Junior School: BATES

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 236600.00
  • Land Assessed Value: 236600.00
  • Outdoor Living Structures: Patio(s), Roof
  • Property Condition: Very Good
  • Zoning: RC
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15454936
  • Tax Annual Amount: 6672.00
  • Assessor Parcel Number: 020666790227001
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

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
Aug 19, 2021
Closed on
Oct 5, 2021
Sold by
Bought by
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
Buyer's Agent
Julie Katcef
Engel & Völkers Annapolis
List Price
$529,000
Sold Price
$525,000
Premium/Discount to List
-$4,000
-0.76%
Current Estimated Value
$609,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,856
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
Sep 24, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$525,000 Atg Title Inc
$687,312 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $300,000
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
10/05/2021 10/05/21 Sold $525,000 -0.8% $416 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $529,000 0.0% $419 / Sq Ft
10/22/2015 10/22/15 Rented $2,700 -5.3% --
09/26/2015 09/26/15 Under Contract -- -- --
09/04/2015 09/04/15 For Rent $2,850 -- --
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 $6,800 $473,200 $236,600 $236,600
2024 $6,800 $473,200 $236,600 $236,600
2023 $6,795 $473,200 $236,600 $236,600
2022 $6,667 $473,200 $236,600 $236,600
2020 $6,672 $473,200 $236,600 $236,600
2019 $6,380 $452,167 $0 $0
2018 $5,997 $431,133 $0 $0
2017 $5,225 $410,100 $0 $0
2016 -- $399,167 $0 $0
2015 -- $388,233 $0 $0
2014 -- $377,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2006936

Bright MLS

APN: 06-667-90227001

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