Seller's Agent in 2023
Mark A. Ritter
Creig Northrop Team of Long & Foster
(443) 487-3073
2 in this area
299 Total Sales
Residences at Park Place 5 Park Place Unit 727 Annapolis, MD 21401
Forest Villa NeighborhoodEstimated Value: $720,000 - $790,000
2
Beds
2
Baths
1,314
Sq Ft
$869/mo
HOA Fee
Highlights
- Concierge
- Newspaper Service
- Beaux Arts Architecture
- Fitness Center
- Gated Community
- Community Pool
About This Home
As of August 2023Fabulous Park Place Annapolis--IMMEDIATE AVAILABILITY--Affordable Elegant Lifestyle Awaits You at The Residence at Park Place--As You pull Into The Circular Driveway, The Residence Exterior is Exudes Elegance and Upon Entering The Secure Building (24/7), 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 & Custom Painted Surroundings, Stainless Steel Appliances, Granite Counter Tops Throughout, Plantation Shutters and More--Take in The Incredible View of the State Capital and The Gorgeous Pool Area--The Superior Amenities Include Two Premium Parking Spots Near The Elevator (#217 & #218), Dog Park, Fitness Center, Secure Entrance & Management On Site, Secure Garage Parking (2 Over-sized Assigned Parking Spots close to Elevators), Club Room (For Private Parties), Library, Pool/Hot Tub, Beautifully Furnished Rear Courtyard, an Area to Garden 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
Northrop Realty License #651283 Listed on: 04/13/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,942
Year Built
- Built in 2007
Lot Details
- 1,307
HOA Fees
- $869 Monthly HOA Fees
Parking
- Public Parking
- Basement Garage
- Oversized Parking
- Garage Door Opener
- Parking Space Conveys
Home Design
- 1,314 Sq Ft Home
- Beaux Arts Architecture
- Brick Exterior Construction
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Accessible Home Design
- Accessible Elevator Installed
- Halls are 48 inches wide or more
- Garage doors are at least 85 inches wide
Utilities
- 90% Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 020666790227082
Community Details
Overview
- Association fees include common area maintenance, custodial services maintenance, health club, management, pool(s), recreation facility, reserve funds, trash, water
- Mid-Rise Condominium
- Residences At Park Place Condos
- Park Place Subdivision
- Property Manager
- Property has 7 Levels
Amenities
- Concierge
- Newspaper Service
- Common Area
- Billiard Room
- Meeting Room
- Community Library
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
- Breed Restrictions
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2023
Closed on
Aug 24, 2023
Sold by
Collins George R and Collins Stephanie
Bought by
Glendening Frances Hughes
Seller's Agent
Mark A. Ritter
Northrop Realty
Buyer's Agent
Katherine Sheckells
Compass
List Price
$779,900
Sold Price
$746,000
Premium/Discount to List
-$33,900
-4.35%
Views
324
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,830
Avg. Annual Appreciation
0.49%
Original Mortgage
$100,001
Outstanding Balance
$98,023
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$655,360
Purchase Details
Listed on
Jul 1, 2019
Closed on
Dec 11, 2019
Sold by
Graham Timothy and Graham Joy
Bought by
Vondemhagen Collins G and Vondemhagen Stephanie
Seller's Agent
George Gorayeb
Anne Arundel Properties, Inc.
Buyer's Agent
George Gorayeb
Anne Arundel Properties, Inc.
List Price
$569,900
Sold Price
$535,000
Premium/Discount to List
-$34,900
-6.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$401,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 18, 2009
Sold by
Park Place Residential
Bought by
Graham Timothy and Graham Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glendening Frances Hughes | $746,000 | Allied Title | |
| Vondemhagen Collins G | $535,200 | Title Nation Llc | |
| Graham Timothy | $589,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glendening Frances Hughes | $100,001 | |
| Previous Owner | Vondemhagen Collins G | $401,250 | |
| Previous Owner | Graham Timothy | $406,390 | |
| Previous Owner | Graham Timothy | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2023 08/28/23 | Sold | $746,000 | -0.5% | $568 / Sq Ft |
| 05/03/2023 05/03/23 | Price Changed | $749,900 | -3.8% | $571 / Sq Ft |
| 04/13/2023 04/13/23 | For Sale | $779,900 | +45.8% | $594 / Sq Ft |
| 12/11/2019 12/11/19 | Sold | $535,000 | -6.1% | $421 / Sq Ft |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- |
| 07/01/2019 07/01/19 | For Sale | $569,900 | -- | $449 / 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 | $7,080 | $492,700 | $246,300 | $246,400 |
| 2024 | $7,080 | $492,700 | $246,300 | $246,400 |
| 2023 | $7,075 | $492,700 | $246,300 | $246,400 |
| 2022 | $6,942 | $492,700 | $246,300 | $246,400 |
| 2021 | $13,884 | $492,700 | $246,300 | $246,400 |
| 2020 | $6,947 | $492,700 | $246,300 | $246,400 |
| 2019 | $6,643 | $470,800 | $0 | $0 |
| 2018 | $6,244 | $448,900 | $0 | $0 |
| 2017 | $5,440 | $427,000 | $0 | $0 |
| 2016 | -- | $415,600 | $0 | $0 |
| 2015 | -- | $404,200 | $0 | $0 |
| 2014 | -- | $392,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark A. Ritter
-
Katherine Sheckells
Buyer's Agent in 2023
Katherine Sheckells
Compass
(301) 806-4450
1 in this area
34 Total Sales
-
George Gorayeb
Seller's Agent in 2019
George Gorayeb
Anne Arundel Properties, Inc.
(410) 903-9026
8 in this area
10 Total Sales
About Residences at Park Place
Map
Source: Bright MLS
MLS Number: MDAA2057568
APN: 06-667-90227082
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