20 days on rocket

Sale Pending

5 Park Pl Unit 522, Annapolis, MD, 21401

$750,000

Home List Price

$8,906*

Closing Credit

2 Bedrooms
2 Full Baths
1,263 SqFt
$594/SqFt
Condo
Schools Nearby

Location

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5 Park Pl Unit 522, Annapolis$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground, Inside Access, Covered Parking, Basement Garage, Assigned, Electric Vehicle Charging Station(s), General Common Elements, Lighted Parking, Parking Space Conveys, Secure Parking, Attached Garage
Garage2 spaces
Year Built2007
HeatingOther
CoolingCentral Air
ViewCity, Other, Garden
MLS #MDAA2084150
StatusSale Pending
(PENDING)

About 5 Park Pl Unit 522

Experience the epitome of lock-and-leave luxury at The Residence at Park Place Annapolis. Nestled in the heart of Downtown Annapolis, this premier location offers a short walk to vibrant eateries, galleries & boutiques in the famed West Street Arts District. Enjoy the convenience and ease of urban living with top-notch amenities including a fully equipped gym, beautiful pool, dog park, and outdoor kitchen/grill areas. Additional perks include the beautiful patio, a club room, party room, and 24/7 Concierge. This elegant 5th floor unit overlooks the Courtyard and Fountain. The condominium will convey with two (2) assigned parking spaces. Everything you need for relaxed and sophisticated city living is right here.

Property Details

Property Features

Property Information:

  • Architectural Style: Beaux Arts
  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,263 SqFt

Listing Office:

  • Office Name: Engel & Volkers Annapolis
  • Office Phone: (443) 292-6767
  • Listing Agent: Deborah L Kennedy

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, Other, Garden
  • Exterior: BBQ Grill, Extensive Hardscape, Exterior Lighting, Sidewalks, Street Lights, Water Fountains, Other

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Underground, Inside Access, Covered Parking, Basement Garage, Assigned, Electric Vehicle Charging Station(s), General Common Elements, Lighted Parking, Parking Space Conveys, Secure Parking, Attached Garage

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Annapolis High School, Public District Grades 9-12
  • Wiley H. Bates Middle School, Public District Grades 6-8
  • Germantown Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Directions: From Rt 50. Take Rowe Blvd to right on Taylor Ave past the Navy Stadium. Park Place in on the left just before Westgate Circle. Next to the Westin Hotel. Welcome Home!

Municipality:

  • Annapolis

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $594/SqFt

Tax Information:

  • Annual Amount: $6,002
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Annapolis, MD.

Med. Sold Price

$597K

Med. Price/SqFt

$300

Avg. Days On Market

24

# of Sold Homes

105

5 Park Pl Unit 522 vs Annapolis

20 DAYS ON ROCKET

-4 Days

$750,000

+$153K More

$594/SqFt

+$294 More

KEY TAKEAWAY

This property is $153K more than the Median Sold Price and $294/SqFt more than other homes in Annapolis, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAA2084150

Listing Office:

  • Office Name: Engel & Volkers Annapolis
  • Office Phone: (443) 292-6767
  • Listing Agent: Deborah L Kennedy

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 10:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2019Home Sold
$470,000
May 15, 2008Home Sold
$560,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,002$473,600
2020$6,610$473,600
2018$6,001$431,467
2017$5,356$410,400

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4446298
3
/10
  • Germantown Elementary School

  • 200 Windell Ave

  • 0.77 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4446299
5
/10
  • Wiley H. Bates Middle School

  • 701 Chase St

  • 0.41 miles

  • Public District Grades 6-8

High School

school-card-donut-4446300
3
/10
  • Annapolis High School

  • 2700 Riva Rd

  • 3.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,000. Most Annapolis, MD residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Park Pl Unit 522

What is the listing price of this property?

The listing price of 5 Park Pl Unit 522 property is $750,000.

What type of property is this?

The property 5 Park Pl Unit 522 is a condo located in Annapolis, Maryland, 21401.

Is this property for sale now?

Sale Pending: 5 Park Pl Unit 522 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5 Park Pl Unit 522 are:
Germantown Elementary School: GreatSchools Rating 3/10
Wiley H. Bates Middle School: GreatSchools Rating 5/10
Annapolis High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,002 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 5, 2019 for $470,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Park Pl Unit 522 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5 Park Pl Unit 522 is 1,263 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Park Pl Unit 522 is 2007.

Rocket Homes›Maryland›Anne Arundel County›Annapolis›21401›5 Park Pl Unit 522

This home is located at 5 Park Pl Unit 522 in Annapolis, MD and zip code 21401. This 1,263 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $750,000.

Over 55 listings were sold over their listed price in April 2024 in Annapolis, MD. In the same period over 29 listings were sold below the listed price and 21 listings were sold for the listed price. The inventory of homes for sale in Annapolis, MD between March 2024 and April 2024 increased by 19.7%. In April 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $597,000.

From Rocket Homes Real Estate and based on county public records data.

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