Seller's Agent in 2025
Scott Schuetter
BHHS PenFed (actual)
(410) 900-7668
11 in this area
329 Total Sales
Residences at Park Place 5 Park Place Unit 514 Floor 5 Annapolis, MD 21401
Forest Villa Neighborhood
2
Beds
2
Baths
1,056
Sq Ft
$1,032/mo
HOA Fee
Highlights
- Fitness Center
- Gourmet Kitchen
- Beaux Arts Architecture
- 24-Hour Security
- Open Floorplan
- Wood Flooring
About This Home
As of October 2025Priced 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!
Last Agent to Sell the Property
(410) 900-7668 scott@scottschuetter.com Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 09/04/2025
Last Buyer's Agent
(410) 266-0600 melanie@chesapeakehometeam.pro Berkshire Hathaway HomeServices PenFed Realty License #659821
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 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2021
Closed on
Jun 14, 2021
Sold by
Petterson Carleen C and Petterson Eric S
Bought by
Whately Caitlin and Wathen Jeremiah
Seller's Agent
Georgie Berkinshaw
Coldwell Banker Realty
Buyer's Agent
Scott Schuetter
Berkshire Hathaway HomeServices PenFed Realty
List Price
$489,000
Sold Price
$489,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$366,750
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2017
Sold by
Petterson Eric S and Petterson Carleen C
Bought by
Petterson Eirc C and Petterson Carleen C
Purchase Details
Listed on
Jan 10, 2017
Closed on
Mar 24, 2017
Sold by
Farren Richmond and Farren Nancy
Bought by
Petterson Eric S and Petterson Carleen C
Seller's Agent
Elizabeth Heinsohn
Long & Foster Real Estate, Inc.
Buyer's Agent
Connie Cadwell
Coldwell Banker Realty
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
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 | $489,000 | Atg Title Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $460,000 | Eagle Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $366,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | Sold | $552,500 | -2.2% | $523 / Sq Ft | |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 01/27/2017 01/27/17 | Pending | -- | -- | -- | |
| 01/10/2017 01/10/17 | For Sale | $469,900 | -- | $445 / 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 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Schuetter
-
Melanie Wood
Buyer's Agent in 2025
Melanie Wood
BHHS PenFed (actual)
(410) 266-0600
2 in this area
131 Total Sales
-
Georgie Berkinshaw
Seller's Agent in 2021
Georgie Berkinshaw
Coldwell Banker (NRT-Southeast-MidAtlantic)
(443) 994-4456
20 in this area
151 Total Sales
-
Elizabeth Heinsohn
Seller's Agent in 2017
Elizabeth Heinsohn
Long & Foster
(410) 991-8566
20 in this area
27 Total Sales
-
Connie Cadwell
Buyer's Agent in 2017
Connie Cadwell
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 693-1705
2 in this area
64 Total Sales
About Residences at Park Place
Map
Source: Bright MLS
MLS Number: MDAA2124342
APN: 06-667-90227009
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