NOT LISTED FOR SALE

Residences at Park Place 5 Park Place Unit 530 Annapolis, MD 21401

Forest Villa Neighborhood

Estimated Value: $659,000 - $786,967

2 Beds
2 Baths
1,292 Sq Ft
$869/mo HOA Fee

Last Sold September 29, 2023

Last sale price $755,000 $584 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,215/month

4 Days on Market

Highlights

  • Concierge
  • Taxi Service
  • Gated Community
  • Fitness Center
  • Panoramic View
  • Open Floorplan

About This Home

As of September 2023

ACCEPTING BACK UP OFFERS.

Discover urban luxury at its finest in this exquisite 2-bed, 2-bath condo at 5 Park Place, Annapolis. Boasting beautiful hardwood floors, plush bedroom carpets, and an abundance of natural light, this unit is a true delight.

Experience the epitome of convenience with two rare premium parking spaces located steps away from the garage entrance. Indulge in a range of amenities including a private residence pool, hot tub, full fitness center, movie room, and party room with a full kitchen. For your furry friend, there's a dedicated dog park.

Entertain outdoors using the community's well-equipped outdoor kitchens or take a leisurely stroll to downtown Annapolis, where al fresco dining and live music await. Enjoy 24/7 front desk attendants ensuring seamless living in this prime location. Live the lifestyle you've dreamed of – contact us today!

Last Agent to Sell the Property

Phil Gerdes

(443) 694-7366 philgerdes@thegerdesteam.com Real Broker, LLC - Annapolis License #0225261065 Listed on: 08/24/2023

Real Broker, LLC - Annapolis

Last Buyer's Agent

Sandra K. Libby

(410) 647-8305 sandra@sandraklibby.com Long & Foster Real Estate, Inc. License #28240

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,826

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $869 Monthly HOA Fees

Parking

  • Basement Garage
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Side Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Property Views

  • Panoramic
  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Beaux Arts Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,292 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • Six Panel Doors
  • Combination Dining and Living Room
  • Monitored

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

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
  • Low Pile Carpeting

Outdoor Features

  • Patio
  • Water Fountains
  • Exterior Lighting
  • Outdoor Grill

Location

  • Urban Location

Schools

  • Annapolis High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 020666790227025

Community Details

Overview

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

Amenities

  • Concierge
  • Doorman
  • Fax or Copying Available
  • Taxi Service
  • Transportation Service
  • Newspaper Service
  • Picnic Area
  • Common Area
  • Game Room
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Recreation Room
  • Community Storage Space
  • Elevator

Recreation

  • Dog Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Security

  • Security Service
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,826

Year Built

Built in 2007

Lot Details

0

HOA Fees

$869 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Beaux Arts
  • Accessibility Features: 48"+ Halls, >84" Garage Door, Doors - Swing In, Elevator, Low Bathroom Mirrors, Low Pile Carpeting
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-24
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Oven - Self Cleaning, Oven - Single, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Carpet, Crown Moldings, Dining Area, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors, Elevator
  • Window Features: Sliding
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Tray Ceilings
  • Floors In Unit Count: 7
  • Levels Count: 1
  • 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: 1292
  • Living Area Sq Ft: 1292
  • Price Per Sq Ft: 592.11
  • Above Grade Finished Sq Ft: 1292
  • 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
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Water Fountains
  • Spa: No
  • View: Garden/Lawn, Panoramic, Scenic Vista, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Electric Vehicle Charging Station(s), Lighted Parking, Parking Space Conveys, Private, Secure Parking, Under Home Parking
  • Garage Features: Additional Storage Area, Basement Garage, Garage - Side Entry, Garage Door Opener, Inside Access, Underground
  • 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: Desk In Lobby, Doorman, Fire Detection System, Main Entrance Lock, Monitored, Resident Manager, Security System, Smoke Detector, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Under Ground
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 869.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Residences at Park Place
  • HOA Condo Co-Op Amenities: Bike Trail, Billiard Room, Common Grounds, Concierge, Elevator, Exercise Room, Fax/Copying, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Library, Meeting Room, Newspaper Service, Party Room, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Taxi Service, Transportation Service, Community Center, Security, Dog Park, Extra Storage, Game Room, Picnic Area, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Alarm System, Security Gate, Health Club
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor, Fenced, Gunite, Heated, In Ground, Pool/Spa Combo

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: U
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1292.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: MX
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6826.00
  • Assessor Parcel Number: 020666790227025
  • Tax Total Finished Sq Ft: 1292
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 29, 2023
Sold by
Robert G Depew Living Trust and Depew Robert G
Bought by
Levisee Jerry L
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Sandra K. Libby
Long & Foster Real Estate, Inc.
List Price
$765,000
Sold Price
$755,000
Premium/Discount to List
-$10,000
-1.31%
Views
83
Current Estimated Value
$712,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,508
Avg. Annual Appreciation
-2.81%
Original Mortgage
$604,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Park Place Residential Condo
Bought by
Robert G Depew

Purchase Details

Closed on
Dec 28, 2010
Sold by
Park Place Residential Condo
Bought by
Robert G Depew
Source: Public Records

Range of Values:

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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
Levisee Jerry L $755,000 Eagle Title
Robert G Depew $470,000 --
Robert G Depew $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levisee Jerry L $604,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $755,000 -1.3% $584 / Sq Ft
08/24/2023 08/24/23 For Sale $765,000 0.0% $592 / Sq Ft
01/20/2018 01/20/18 Rented $3,000 -3.2% --
01/20/2018 01/20/18 Under Contract -- -- --
10/05/2017 10/05/17 For Rent $3,100 -- --
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 $6,962 $484,500 $242,200 $242,300
2024 $6,962 $484,500 $242,200 $242,300
2023 $6,957 $484,500 $242,200 $242,300
2022 $6,827 $484,500 $242,200 $242,300
2021 $6,827 $484,500 $242,200 $242,300
2020 $6,831 $484,500 $242,200 $242,300
2019 $141 $462,967 $0 $0
2018 $6,140 $441,433 $0 $0
2017 $5,350 $419,900 $0 $0
2016 -- $408,700 $0 $0
2015 -- $397,500 $0 $0
2014 -- $386,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Gerdes

    Seller's Agent in 2023

    Phil Gerdes

    Real Broker, LLC - Annapolis

    (443) 694-7366

    16 in this area

    585 Total Sales

    Phil Gerdes
    Section Image
  • Sandra K. Libby

    Buyer's Agent in 2023

    Sandra K. Libby

    Long & Foster

    (410) 647-8305

    8 in this area

    137 Total Sales

    Sandra K. Libby
    Section Image
  • George Gorayeb

    Seller's Agent in 2018

    George Gorayeb

    Anne Arundel Properties, Inc.

    (410) 903-9026

    9 in this area

    11 Total Sales

    George Gorayeb
    Section Image
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About Residences at Park Place

Map

Source: Bright MLS

MLS Number: MDAA2067274

Bright MLS

APN: 06-667-90227025

Maryland Anne Arundel County Annapolis 21401 Forest Villa

5 Park Place Unit 530, Annapolis, MD

This home is located at 5 Park Place Unit 530, Annapolis, MD 21401 since 24 August 2023 and is currently estimated at $712,492, approximately $551 per square foot. This property was built in 2007. 5 Park Place Unit 530 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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