5 Park Pl, Unit 702

$640,000
Last Sold Price
2
Beds
1,335 Sq. Ft.
$479 / Sq. Ft.
1,335
Sq. Ft.
$479
per Sq. Ft.

Description

Welcome to luxury condo living in the heart of downtown Annapolis. Set on the coveted penthouse level of The Residences at Park Place, this elegant 2-bed, 2-bath home overlooks the tranquil courtyard and fountain and offers a sunlit, generously sized floor plan. An open layout blends living and dining with a gourmet kitchen, creating a comfortable, functional main living area that’s perfect for everyday living and effortless entertaining. Beautiful hardwood floors, stainless steel appliances, and...Welcome to luxury condo living in the heart of downtown Annapolis. Set on the coveted penthouse level of The Residences at Park Place, this elegant 2-bed, 2-bath home overlooks the tranquil courtyard and fountain and offers a sunlit, generously sized floor plan. An open layout blends living and dining with a gourmet kitchen, creating a comfortable, functional main living area that’s perfect for everyday living and effortless entertaining. Beautiful hardwood floors, stainless steel appliances, and ample storage complete the interior, while large windows frame serene courtyard views.

Enjoy first-class building amenities and true lock-and-leave convenience. Park Place offers a 24-hour staffed front desk, secured lobby with controlled access, on-site concierge, fitness center, club room, library, and a party room with a billiard table. Step outside to the landscaped garden courtyard with outdoor kitchens and grills, plus a seasonal outdoor pool and hot tub. A private dog park and an active social committee enhance the community experience. The residence comes with two deeded parking spaces in the secure underground garage.

From this premier in-town location, you’re just blocks from City Dock, acclaimed restaurants, boutique shopping, and year-round waterfront events. Experience the historic charm of Annapolis combined with modern luxury and exceptional amenities at Park Place.

Property Details for 5 Park Place, Unit 702

Tax ID Number
020666790227059
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
7
Structure Type
Penthouse Unit/Flat/Apartment
Style
Beaux Arts
Levels/Stories
1
LISTING UPDATED: 12/10/2025 05:10 PM

Property Details for 5 Park Place, Unit 702

StatusClosed
MLS #MDAA2126130
Days on Market5
Taxes$6,525 / year
HOA Fees-
Condo/Co-op Fees$1,032 / month
Compass TypeCo-op
MLS TypeResidential / Condo
Year Built2007
CountyAnne Arundel County
Buyer's Agent Compensation2.5%

Location

Sold By Taylor Properties

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Building Information for 5 Park Place, Unit 702

Building/ComplexPark PlaceFloor-Stories7Residences1Pet PolicyAllowedPet Policy DetailsCase by Case BasisYear Built2007

Payment Calculator

$4,738 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,162

Property Taxes

$544

HOA Dues

$1,032

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Park Place, Unit 702

Location
Location
  • In City Limits: Yes
  • School District Name: Anne Arundel County Public Schools
  • School District County ID: 301834872894
  • Elementary School: CALL SCHOOL BOARD (ANNE ARUNDEL MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: CALL SCHOOL BOARD (ANNE ARUNDEL MD)
  • MiddleSchoolSource: Listing Agent
  • High School: CALL SCHOOL BOARD (ANNE ARUNDEL MD)
  • HighSchoolSource: Listing Agent
  • County: ANNE ARUNDEL
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Mgmt Type: Professional - On-site
  • HOA Condo Coop Fee Includes: Ext Bldg Maint, Management, Pool(s), Recreation Facility, Sewer, Snow Removal, Trash, Water
  • HOA Condo Coop Amenities: Billiard Room, Concierge, Elevator, Fitness Center, Library, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking, Security
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $454,100
  • County Tax: $3,174
  • Improvement Assessed Value: $227,100
  • City Town Tax: $3,351
  • Land Assessed Value: $227,000
  • Land Use Code: 011
  • Agricultural Tax Due: No
  • Zoning: R
  • School Tax: $0
  • Tax Page Number: 6
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Breed Restrictions, Cats OK, Dogs OK
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 0
Rooms
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bathroom 2, Primary Bathroom
  • Stories: Main
Rooms Information
Room 1
  • Room Type: Kitchen
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Kitchen - Gas Cooking
Room 2
  • Room Type: Living Room
  • Room Length: 17.0
  • Room Width: 19.0
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Dining Room
  • Room Length: 9.0
  • Room Width: 10.0
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Primary Bedroom
  • Room Length: 19.0
  • Room Width: 14.0
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Primary Bathroom
  • Room Length: 9.0
  • Room Width: 9.0
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Bedroom 2
  • Room Length: 21.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Bathroom 2
  • Room Length: 11.0
  • Room Width: 6.0
  • Room Level: Main
  • Room Exists: Yes
Room 8
  • Room Type: Foyer
  • Room Length: 9.0
  • Room Width: 9.0
  • Room Level: Main
  • Room Exists: Yes
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,335.00
Lot / Land Information
Lot / Land Information
  • Parcel ID: 15454710
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Number of Assigned Spaces: 2
  • Parking Features: Assigned, Private
  • Garage Features: Covered Parking, Garage Door Opener, Underground
Interior Features
Interior Features
  • Interior Features: Bar, Carpet, Combination Dining/Living, Crown Moldings, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Walk-in Closet(s), Window Treatments
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Accessibility Features: None
  • Security Features: 24 hour security, Desk in Lobby, Resident Manager
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Pool: Yes - Community
  • Community Pool Features: In Ground
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Anne Arundel County Association of REALTORS
  • List Agent URL: jenniferholden.com

Property History for 5 Park Place, Unit 702

DateEvent & SourcePriceAppreciation
Oct 23, 2025

Closed

BRIGHT #MDAA2126130

$640,000
Sep 17, 2025

Pending

BRIGHT #MDAA2126130

Sep 17, 2025

Active Under Contract

BRIGHT #MDAA2126130

Sep 13, 2025

Listed (Active)

BRIGHT #MDAA2126130

$640,000
Aug 10, 2020

Closed

BRIGHT #MDAA396046

$462,500
Aug 7, 2020

Closed (Public Record)

Public Record #677865220

$462,500
Jun 28, 2020

Pending

BRIGHT #MDAA396046

Apr 21, 2019

Listed (Active)

BRIGHT #MDAA396046

$565,000
DateEvent & SourcePrice
10/23/2025

Closed

BRIGHT #MDAA2126130

$640,000
09/17/2025

Pending

BRIGHT #MDAA2126130

09/17/2025

Active Under Contract

BRIGHT #MDAA2126130

09/13/2025

Listed (Active)

BRIGHT #MDAA2126130

$640,000
08/10/2020

Closed

BRIGHT #MDAA396046

$462,500
08/07/2020

Closed (Public Record)

Public Record #677865220

$462,500
06/28/2020

Pending

BRIGHT #MDAA396046

04/21/2019

Listed (Active)

BRIGHT #MDAA396046

$565,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Park Place, Unit 702

Taxable ValueLand$227,000Additions$227,100Total$454,100
Tax Record2025$6,507 ($542 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,211 SqFtAbove Grade Finished SqFt1,211 SqFtLot Size1,211 SqFtStyleCondominiumYear Built2007ZoningMXCountyANNE ARUNDELAPN06-667-90227059

Schools near 5 Park Place, Unit 702

This home is within Anne Arundel County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 9
Rating
School
Distance
Germantown Elementary School
PublicPK to 5

Wiley H. Bates Middle School
Public6 to 8

Annapolis High School
Public9 to 12

Mary Moss at Adams Academy
Public6 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/10/2025 05:10 PM