Residences at Park Place 5 Park Place Unit 514 Annapolis, MD 21401
Forest Villa NeighborhoodEstimated payment $4,490/month
Highlights
- Fitness Center
- Gourmet Kitchen
- Beaux Arts Architecture
- 24-Hour Security
- Open Floorplan
- Wood Flooring
About This Home
Priced to sell! Do not hesitate!!! Move right in and enjoy the fabulous downtown Annapolis lifestyle in this meticulously maintained 2bdr/2bath unit in the amenity-rich upscale community of Park Place! As you walk through the unit's front door, you will quickly realize how turnkey this home is - high-end countertops and appliances, breakfast bar/kitchen-island seating, moldings, plantation shutters, and beautiful and immaculate wood floors immediately greet you. The open-concept kitchen/living area with tons of beautiful natural light is inviting and the perfect place to relax and enjoy. As you continue through the unit, you will be blown away by the detail that went into all the updates. Both bedrooms offer fresh carpet, fresh paint, tasteful wallpaper, and newly added plantation shutters. Not to mention BOTH the primary and secondary full bathrooms have been totally and tastefully renovated. Other updates include a new washer/dryer and a newer HVAC (2019). The owners have spared no expense and have taken exquisite care of this beautiful home -- 514 is truly ready for you to MOVE RIGHT IN. The icing on the cake is the 2-PRIVATELY OWNED PARKING SPACES that convey!!! The parking is ideally located immediately inside the garage entrance and steps from the elevator. Community amenities include an in-ground swimming pool, hot tub, front concierge desk & security, dog park, and so much more! Come look at all this unit offers - you will not be disappointed!
Listing Agent
(410) 900-7668 scott@scottschuetter.com Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 09/04/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,690
Year Built
- Built in 2007
HOA Fees
- $1,032 Monthly HOA Fees
Parking
- Garage Door Opener
- Off-Street Parking
- Parking Space Conveys
Home Design
- Beaux Arts Architecture
- Entry on the 5th floor
- Brick Exterior Construction
- Composite Building Materials
Interior Spaces
- 1,056 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- 1 Fireplace
- Living Room
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Home Security
- Exterior Cameras
- Surveillance System
Accessible Home Design
- Accessible Elevator Installed
Schools
- Germantown Elementary School
- Bates Middle School
- Annapolis High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 020666790227009
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, gas, management, pool(s), sewer, snow removal, taxes, water
- $956 Other One-Time Fees
- Mid-Rise Condominium
- Residences At Park Place Condos
- Residence At Park Place Community
- Park Place Subdivision
- Property Manager
Amenities
- Common Area
- Meeting Room
- Party Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- 24-Hour Security
- Front Desk in Lobby
Map
About Residences at Park Place
Home Values in the Area
Average Home Value in this Area
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 | $5,691 | $396,000 | $198,000 | $198,000 |
2024 | $5,691 | $396,000 | $198,000 | $198,000 |
2023 | $5,687 | $396,000 | $198,000 | $198,000 |
2022 | $5,580 | $396,000 | $198,000 | $198,000 |
2021 | $5,406 | $396,000 | $198,000 | $198,000 |
2020 | $5,406 | $396,000 | $198,000 | $198,000 |
2019 | $10,439 | $378,400 | $0 | $0 |
2018 | $5,019 | $360,800 | $0 | $0 |
2017 | $4,372 | $343,200 | $0 | $0 |
2016 | -- | $334,033 | $0 | $0 |
2015 | -- | $324,867 | $0 | $0 |
2014 | -- | $315,700 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/15/2025 09/15/25 | Pending | -- | -- | -- |
09/04/2025 09/04/25 | For Sale | $565,000 | +15.5% | $535 / Sq Ft |
06/14/2021 06/14/21 | Sold | $489,000 | 0.0% | $463 / Sq Ft |
04/27/2021 04/27/21 | Pending | -- | -- | -- |
04/08/2021 04/08/21 | For Sale | $489,000 | +6.3% | $463 / Sq Ft |
03/24/2017 03/24/17 | Sold | $460,000 | -2.1% | $436 / Sq Ft |
01/27/2017 01/27/17 | Pending | -- | -- | -- |
01/10/2017 01/10/17 | For Sale | $469,900 | -- | $445 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $489,000 | Atg Title Inc | |
Interfamily Deed Transfer | -- | None Available | |
Deed | $460,000 | Eagle Title Llc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $400,000 | New Conventional | |
Closed | $366,000 | New Conventional | |
Previous Owner | $366,750 | New Conventional | |
Previous Owner | $319,200 | New Conventional |
Source: Bright MLS
MLS Number: MDAA2124342

APN: 06-667-90227009
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