Residences at Park Place 5 Park Place Unit 727 Annapolis, MD 21401
Forest Villa Neighborhood
2
Beds
2
Baths
1,270
Sq Ft
$788/mo
HOA Fee
Highlights
- Concierge
- Taxi Service
- Beaux Arts Architecture
- Fitness Center
- Gated Community
- Community Indoor Pool
About This Home
As of August 2023This home is located at 5 Park Place Unit 727, Annapolis, MD 21401 and is currently priced at $535,000, approximately $421 per square foot. This property was built in 2007. 5 Park Place Unit 727 is a home located in Anne Arundel County with nearby schools including Germantown Elementary School, Wiley H. Bates Middle School, and Annapolis High School.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,244
Year Built
- Built in 2007
HOA Fees
- $788 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Basement Garage
- Lighted Parking
- Garage Door Opener
- Secure Parking
Home Design
- Beaux Arts Architecture
- Brick Exterior Construction
Interior Spaces
- 1,270 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
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
- Doors with lever handles
- Low Pile Carpeting
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 020666790227082
Community Details
Overview
- Association fees include alarm system, common area maintenance, custodial services maintenance, exterior building maintenance, gas, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
- Mid-Rise Condominium
- Park Place Subdivision
Amenities
- Concierge
- Fax or Copying Available
- Taxi Service
- Transportation Service
- Newspaper Service
- Picnic Area
- Common Area
- Billiard Room
- Meeting Room
- Party Room
- Community Library
Recreation
- Community Spa
- Jogging Path
- Bike Trail
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
0.48%
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
Similar Homes in Annapolis, MD
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 | $746,000 | Allied Title | |
| Deed | $535,200 | Title Nation Llc | |
| Deed | $589,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,001 | New Conventional | |
| Previous Owner | $401,250 | New Conventional | |
| Previous Owner | $406,390 | New Conventional | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
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
Seller's Agent in 2023
Mark A. Ritter
Creig Northrop Team of Long & Foster
(443) 487-3073
2 in this area
299 Total Sales
-
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: MDAA405756
APN: 06-667-90227082
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