See Home Value
$425,000
● House - Off Market

3 PARK LANE

ANNAPOLIS, MD 21403
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,235 Ft²
$4,403
Est. Monthly

About This Property

Don't miss this incredible opportunity to own a charming 5 bedroom (3 in main house, 2 in apartment) ranch-style home in the highly sought-after Parkwood community in Annapolis. Tucked away at the end of a private road and backing to the serene woods and Back Creek, this property offers a unique sense of privacy and tranquility with rental opportunity. The Parkwood community is a water-privileged haven, featuring a marina with a pier, multiple docks, and a convenient waitlist system for boat slips. You'll have front-row seats to exciting events like the Blue Angels and fireworks shows, all while being just steps away from the vibrant Eastport neighborhood and a short distance to the historic Downtown Annapolis, offering shopping, dining, entertainment, and the renowned Naval Academy. This sprawling home provides main-level living at its finest, with two well-designed additions that add extra space and versatility. The attached garage is a dream, accommodating up to four vehicles and boasting a recently updated apartment on the upper level. This apartment includes a great room, 2 bedrooms, a kitchen, and a full bath, making it an ideal in-law/guest suite, a haven for midshipmen, or a rental. Inside the main home, you'll find a cozy living room with crown molding and a brick-accented fireplace, creating the perfect gathering spot. The kitchen offers upgraded stone counters, a tile backsplash, slate flooring, and a convenient breakfast table space. The adjacent dining room features a built-in cabinet and buffet, adding convenience to your dining experiences. A wonderful family room addition is flooded with natural light through its beautiful windows, creating an inviting area for entertaining and hosting holiday gatherings. The primary bedroom boasts an en-suite bath, while two additional bedrooms and a full bath round out the living quarters. The breezeway between the house and garage is a versatile space that can serve as a recreation room or provide extra storage. This house is also equipped with a storage shed and Generac generator. With the perfect blend of comfort, convenience, and opportunity in one of Annapolis's most desirable communities, don't miss this opportunity to make this house your home. Property Updates: Carpet, paint, HVAC, baths upgraded, electric panel box, family room windows, kitchen backsplash, apartment updates, and more!
Unit Size
3,235 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$232
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
1957

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Last updated: 11 months ago (Bright MLS #MDAA2128958)

Price History

Date / Event Date Event Price
Nov 12, 2025 Sold
Sold
Oct 22, 2025 In contract -
In contract
Oct 16, 2025 Listed by Northrop Realty $750,000
Listed by Northrop Realty
May 12, 2025 Price Decreased $750,000
↓ $100K (11.8%)
Price Decreased
Oct 30, 2024 Listed $850,000
Listed
Don't miss this incredible opportunity to own a charming 5 bedroom (3 in main house, 2 in apartment) ranch-style home in the highly sought-after Parkwood community in Annapolis. Tucked away at the end of a private road and backing to the serene woods and Back Creek, this property offers a unique sense of privacy and tranquility with rental opportunity. The Parkwood community is a water-privileged haven, featuring a marina with a pier, multiple docks, and a convenient waitlist system for boat slips. You'll have front-row seats to exciting events like the Blue Angels and fireworks shows, all while being just steps away from the vibrant Eastport neighborhood and a short distance to the historic Downtown Annapolis, offering shopping, dining, entertainment, and the renowned Naval Academy. This sprawling home provides main-level living at its finest, with two well-designed additions that add extra space and versatility. The attached garage is a dream, accommodating up to four vehicles and boasting a recently updated apartment on the upper level. This apartment includes a great room, 2 bedrooms, a kitchen, and a full bath, making it an ideal in-law/guest suite, a haven for midshipmen, or a rental. Inside the main home, you'll find a cozy living room with crown molding and a brick-accented fireplace, creating the perfect gathering spot. The kitchen offers upgraded stone counters, a tile backsplash, slate flooring, and a convenient breakfast table space. The adjacent dining room features a built-in cabinet and buffet, adding convenience to your dining experiences. A wonderful family room addition is flooded with natural light through its beautiful windows, creating an inviting area for entertaining and hosting holiday gatherings. The primary bedroom boasts an en-suite bath, while two additional bedrooms and a full bath round out the living quarters. The breezeway between the house and garage is a versatile space that can serve as a recreation room or provide extra storage. This house is also equipped with a storage shed and Generac generator. With the perfect blend of comfort, convenience, and opportunity in one of Annapolis's most desirable communities, don’t miss this opportunity to make this house your home. Property Updates: Carpet, paint, HVAC, baths upgraded, electric panel box, family room windows, kitchen backsplash, apartment updates, and more!

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 1,422
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,542
  • Total Building Area: 3,235
  • Gross Building Area: 3,235
  • Building Area: 3,235
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 3,235
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKWOOD
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: LT B RESIDUE 3 PARK LN PARKWOOD

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 706302

Geography

  • Assessors Map Reference: 52G 8 128
  • Account Number: 00000089074
  • District: 06
  • Parcel: 06-000-00089074
  • Lot: B
  • Municipality: ANNAPOLIS
  • Latitude: 38.96
  • Longitude: -76.4888

    Address

  • Full Address: 3 Park Ln
  • Address - House Number: 3
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Annapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 2915
  • Zip Code: 21403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $776,302
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0823
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 93
  • Final Value: 752,134
  • High Value: 814,044
  • Low Value: 690,223

    Market Valuation

  • Market Total Value: $540,600
  • Market Land Value: $273,300
  • Market Improvement Value: $267,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,600
  • Assessed Land Value: $273,300
  • Assessed Improvements Value: $267,300

    Sales

  • Current Sale Contract Date: Mar 14, 1980
  • Current Sale Recording Date: Aug 03, 2007
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8754
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Annapolis


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Frequently Asked Questions

When was property at 3 Park Lane built and last sold?
The property at 3 Park Lane was built in 1957 and last sold on Mar 14, 1980 for $0.
How much is this home worth?
The estimated value of the home located at 3 Park Lane is $757,500.
What are some comparable homes to 3 Park Lane?
There are currently no comparable homes to 3 Park Lane.