NOT LISTED FOR SALE

Residences at Park Place 5 Park Place Unit 717 Annapolis, MD 21401

Forest Villa Neighborhood

Estimated Value: $728,000 - $845,000

2 Beds
2 Baths
1,374 Sq Ft
$812/mo HOA Fee

Last Sold December 30, 2022

Last sale price $653,500 $476 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,493/month

4 Days on Market

Highlights

  • Concierge
  • Cabana
  • Beaux Arts Architecture
  • Fitness Center
  • City View
  • Terrace

About This Home

As of December 2022

IMMEDIATE AVAILABILITY--Welcome to The Luxury Lifestyle at The Residence at Park Place & Experience Living The Best Life--As You pull Into The Circular Driveway, The Residence Exterior is Exudes Elegance--Upon Entering The Secure Building, You Are Greeted by The Concierge and Enveloped by The Designer Decor--The Elevator Will Take You to The Penthouse Level (7th Floor), and You Will Immediately be Welcomed by The Stunning-Rich Hardwood Floors, Custom Trim & Freshly Painted Surroundings--New Carpet, HVAC Updated in 2022, Newer Washer/Dryer (In Unit), Stainless Steel Appliances, Granite Counter Tops Throughout, Plantation Shutters & Serene View Like No Other (1,374 Square Feet of Living Space)--The Superior Amenities Include a Dog Park, Fitness Center, Secure Entrance & Management On Site, Secure Garage Parking (2 Assigned Parking Spots), Club Room (For Private Parties), Library, Pool/Hot Tub, Beautifully Furnished Rear Courtyard and More--The Residence is Located in The Most Exciting Part of Annapolis, Revitalized West Street Which Features Fantastic Dining, History, Entertainment, and a Quick Walk to the Annapolis Harbor--Easy Access Out To All Major Routes--The Residence at Park Place is The Lifestyle You Deserve, Welcome Home!

Last Agent to Sell the Property

Mark A. Ritter

(443) 487-3073 mritter@markaritter.com Northrop Realty License #651283 Listed on: 12/15/2022

Northrop Realty

Last Buyer's Agent

Lynn Ikle

(410) 598-3965 lynn.ikle@redfin.com Redfin Corp License #631075

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,259

Year Built

  • Built in 2007

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $812 Monthly HOA Fees

Parking

  • Assigned parking located at ##279 & #280
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Secure Parking

Home Design

  • Beaux Arts Architecture
  • Entry on the 7th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,374 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction

Outdoor Features

  • Patio
  • Terrace
  • Outdoor Storage

Utilities

  • 90% Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020666790227072

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, management, pool(s), snow removal, trash, water
  • Mid-Rise Condominium
  • Park Place Condos
  • Built by JBJ/CARLYLE PP
  • Park Place Subdivision
  • Planned Unit Development

Amenities

  • Concierge
  • Common Area
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,259

Year Built

Built in 2007

Lot Details

0

HOA Fees

$812 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, Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Assigned Parking Space Numbers: #279 & #280
  • Automatically Close On Close Date: No
  • Remarks Public: IMMEDIATE AVAILABILITY--Welcome to The Luxury Lifestyle at The Residence at Park Place & Experience Living The Best Life--As You pull Into The Circular Driveway, The Residence Exterior is Exudes Elegance--Upon Entering The Secure Building, You Are Greeted by The Concierge and Enveloped by The Designer Decor--The Elevator Will Take You to The Penthouse Level (7th Floor), and You Will Immediately be Welcomed by The Stunning-Rich Hardwood Floors, Custom Trim & Freshly Painted Surroundings--New Carpet, HVAC Updated in 2022, Newer Washer/Dryer (In Unit), Stainless Steel Appliances, Granite Counter Tops Throughout, Plantation Shutters & Serene View Like No Other (1,374 Square Feet of Living Space)--The Superior Amenities Include a Dog Park, Fitness Center, Secure Entrance & Management On Site, Secure Garage Parking (2 Assigned Parking Spots), Club Room (For Private Parties), Library, Pool/Hot Tub, Beautifully Furnished Rear Courtyard and More--The Residence is Located in The Most Exciting Part of Annapolis, Revitalized West Street Which Features Fantastic Dining, History, Entertainment, and a Quick Walk to the Annapolis Harbor--Easy Access Out To All Major Routes--The Residence at Park Place is The Lifestyle You Deserve, Welcome Home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 7
  • Window Features: Casement, Double Pane, Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1374
  • Living Area Sq Ft: 1374
  • Price Per Sq Ft: 447.53
  • Above Grade Finished Sq Ft: 1374
  • 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
  • Other Structures List: Cabana/Pool House
  • Construction Materials: Brick Veneer, Concrete
  • Exterior Features: Underground Lawn Sprinkler, Sidewalks, Secure Storage
  • View: City
  • 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: Yes
  • Parking Features: Assigned, Lighted Parking, Private, Secure Parking
  • Garage Features: Additional Storage Area, Covered Parking, 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: 90% Forced Air, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 812.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Place
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Meeting Room, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Management, Pool(s), Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Efficiency: Construction, Appliances
  • Clean Green Assessed: No
  • Green Sustainability: Onsite Recycling Center

Lot Info

  • Improvement Assessed Value: 257600.00
  • Land Assessed Value: 257600.00
  • Land Use Code: U
  • Lot Features: Landscaping, Pud
  • Outdoor Living Structures: Patio(s), Terrace
  • Year Assessed: 2022
  • Zoning: MX
  • In City Limits: Yes

Building Info

  • Builder Name: JBJ/CARLYLE PP

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15454682
  • Tax Annual Amount: 7259.00
  • Assessor Parcel Number: 020666790227072
  • Tax Lot: 0000
  • Tax Total Finished Sq Ft: 1374
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/30/2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Dec 28, 2022
Sold by
Martin V Proctor Jr Revocable Living Tru
Bought by
Young Roger A and Young Linda F
Seller's Agent
Mark A. Ritter
Northrop Realty
Buyer's Agent
Lynn Ikle
Redfin Corp
List Price
$614,900
Sold Price
$653,500
Premium/Discount to List
$38,600
6.28%
Views
15
Current Estimated Value
$769,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,094
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Jul 1, 2019
Sold by
Proctor Martin V and Proctor Charlene D
Bought by
Proctor Martin V and Proctor Charlene D Bey

Purchase Details

Listed on
Nov 16, 2015
Closed on
Feb 25, 2016
Sold by
Byrne Charles A and Byrne Susan R
Bought by
Proctor Martin V and Proctor Charlene D
Seller's Agent
Susan Millman
Long & Foster Real Estate, Inc.
Buyer's Agent
Tiffany Konegen
Berkshire Hathaway HomeServices Homesale Realty
List Price
$479,999
Sold Price
$470,000
Premium/Discount to List
-$9,999
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Source: Public Records

Range of Values:

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List Price
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
Young Roger A $653,500 Raven Title Services
Proctor Martin V -- None Available
Proctor Martin V $470,000 Railway Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $653,500 +6.3% $476 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $614,900 +30.8% $448 / Sq Ft
02/25/2016 02/25/16 Sold $470,000 -2.1% $342 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $479,999 +2.1% $349 / Sq Ft
12/03/2015 12/03/15 Off Market $470,000 -- --
11/16/2015 11/16/15 For Sale $479,999 -- $349 / Sq Ft
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 $7,403 $515,200 $257,600 $257,600
2024 $7,403 $515,200 $257,600 $257,600
2023 $7,398 $515,200 $257,600 $257,600
2022 $7,259 $515,200 $257,600 $257,600
2021 $7,259 $515,200 $257,600 $257,600
2020 $7,264 $515,200 $257,600 $257,600
2019 $141 $492,300 $0 $0
2018 $6,529 $469,400 $0 $0
2017 $5,689 $446,500 $0 $0
2016 -- $434,600 $0 $0
2015 -- $422,700 $0 $0
2014 -- $410,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark A. Ritter

    Seller's Agent in 2022

    Mark A. Ritter

    Creig Northrop Team of Long & Foster

    (443) 487-3073

    2 in this area

    300 Total Sales

    Mark A. Ritter
    Section Image

  • L

    Buyer's Agent in 2022

    Lynn Ikle

    Redfin Corp

    Lynn Ikle
    Section Image
  • Susan Millman

    Seller's Agent in 2016

    Susan Millman

    Long & Foster

    (410) 279-0285

    1 in this area

    18 Total Sales

    Susan Millman
    Section Image
  • Tiffany Konegen

    Buyer's Agent in 2016

    Tiffany Konegen

    Berkshire Hathaway HomeServices Homesale Realty

    (443) 336-5999

    25 Total Sales

    Tiffany Konegen
    Section Image
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About Residences at Park Place

Map

Source: Bright MLS

MLS Number: MDAA2050492

Bright MLS

APN: 06-667-90227072

Maryland Anne Arundel County Annapolis 21401 Forest Villa

5 Park Place Unit 717, Annapolis, MD

This home is located at 5 Park Place Unit 717, Annapolis, MD 21401 since 15 December 2022 and is currently estimated at $769,594, approximately $560 per square foot. This property was built in 2007. 5 Park Place Unit 717 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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