Landlord's Agent in 2025
George Gorayeb
Anne Arundel Properties, Inc.
(410) 903-9026
8 in this area
10 Total Sales
Residences at Park Place 5 Park Place Unit 116 Annapolis, MD 21401
Forest Villa Neighborhood
2
Beds
2
Baths
1,235
Sq Ft
1,176
Sq Ft Lot
Highlights
- Concierge
- Taxi Service
- Gated Community
- Fitness Center
- Private Pool
- Open Floorplan
About This Home
As of January 2025Beautiful and bright 2 BR facing western sunsets. Open floor plan, Hardwood floors, granite counter, GE Stainless appliances, Electric fireplace. Includes 25 amenities, most utilities, W/D inside the condo, and 2 garage parking spots. 24/7 live concierge/security in lobby. Blocks to downtown Annapolis City Dock restaurants, shops, entertainment. 2 pools, fitness center, party room, Outdoor dining terrace w/ BBQ kitchens. Shuttle Trolley to City Dock. Available Sept. 1st
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $6,418
Year Built
- Built in 2007
Lot Details
- 1,176
Parking
- Assigned Parking
Home Design
- Beaux Arts Architecture
- Brick Exterior Construction
Interior Spaces
- 1,235 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Combination Dining and Living Room
- Washer and Dryer Hookup
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
- Low Pile Carpeting
Pool
- Private Pool
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Residential Lease
- Security Deposit $2,800
- Rent includes common area maintenance, community center, gas, grounds maintenance, HVAC maint, lawn service, parking, party room, pool maintenance, recreation facility, trash removal, water, sewer
- No Smoking Allowed
- 12-Month Min and 36-Month Max Lease Term
- Available 8/23/24
- $50 Application Fee
- Assessor Parcel Number 020666790226891
Community Details
Overview
- Property has a Home Owners Association
- 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
- Mid-Rise Condominium
- Residence At Park Place Community
- Park Place Subdivision
Amenities
- Concierge
- Fax or Copying Available
- Taxi Service
- Transportation Service
- Newspaper Service
- Picnic Area
- Common Area
- Billiard Room
- Community Center
- Meeting Room
- Party Room
- Community Library
- Recreation Room
Recreation
- Community Spa
- Jogging Path
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2012
Sold by
Christopher N Melling Revocable Trust
Bought by
Melling Christopher N
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,100
Outstanding Balance
$166,274
Interest Rate
4%
Mortgage Type
Stand Alone Second
Estimated Equity
$526,722
Purchase Details
Closed on
Jul 17, 2007
Sold by
Park Place Residential
Bought by
Melling Christopher N and Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 12, 2007
Sold by
Park Place Residential
Bought by
Melling Christopher N and Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
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 |
|---|---|---|---|
| Melling Christopher N | -- | None Available | |
| Melling Christopher N | $700,000 | -- | |
| Melling Christopher N | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melling Christopher N | $387,100 | |
| Closed | Christopher N Melling Revocable Trust | $417,000 | |
| Closed | Melling Christopher N | $100,000 | |
| Closed | Melling Christopher N | $417,000 | |
| Closed | Melling Christopher N | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2025 01/13/25 | Rented | $3,200 | 0.0% | -- |
| 10/16/2024 10/16/24 | Price Changed | $3,200 | -11.1% | $3 / Sq Ft |
| 09/26/2024 09/26/24 | Price Changed | $3,600 | -7.7% | $3 / Sq Ft |
| 08/20/2024 08/20/24 | For Rent | $3,900 | 0.0% | -- |
| 04/11/2024 04/11/24 | Rented | $3,900 | 0.0% | -- |
| 03/12/2024 03/12/24 | For Rent | $3,900 | +11.4% | -- |
| 09/03/2021 09/03/21 | Rented | $3,500 | 0.0% | -- |
| 08/16/2021 08/16/21 | For Rent | $3,500 | +18.6% | -- |
| 06/10/2018 06/10/18 | Rented | $2,950 | +5.4% | -- |
| 06/10/2018 06/10/18 | Under Contract | -- | -- | -- |
| 01/11/2018 01/11/18 | For Rent | $2,800 | +16.7% | -- |
| 01/05/2016 01/05/16 | Rented | $2,400 | -14.3% | -- |
| 01/05/2016 01/05/16 | Under Contract | -- | -- | -- |
| 09/12/2015 09/12/15 | For Rent | $2,800 | +27.3% | -- |
| 11/03/2014 11/03/14 | Rented | $2,200 | -8.3% | -- |
| 11/03/2014 11/03/14 | Under Contract | -- | -- | -- |
| 09/18/2014 09/18/14 | For Rent | $2,400 | -- | -- |
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 | $6,418 | $446,600 | $223,300 | $223,300 |
| 2024 | $6,418 | $446,600 | $223,300 | $223,300 |
| 2023 | $6,413 | $446,600 | $223,300 | $223,300 |
| 2022 | $6,075 | $431,133 | $0 | $0 |
| 2021 | $5,857 | $415,667 | $0 | $0 |
| 2020 | $5,643 | $400,200 | $200,100 | $200,100 |
| 2019 | $49 | $392,467 | $0 | $0 |
| 2018 | $5,352 | $384,733 | $0 | $0 |
| 2017 | $4,606 | $377,000 | $0 | $0 |
| 2016 | -- | $351,867 | $0 | $0 |
| 2015 | -- | $326,733 | $0 | $0 |
| 2014 | -- | $301,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
George Gorayeb
-
Trent Waite
Tenant's Agent in 2025
Trent Waite
Cummings & Co Realtors
(410) 627-4591
121 Total Sales
-
Sarah Garza
Buyer's Agent in 2014
Sarah Garza
Compass
(443) 717-3631
234 Total Sales
About Residences at Park Place
Map
Source: Bright MLS
MLS Number: MDAA2092542
APN: 06-667-90226891
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