NOT LISTED FOR SALE

7001 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $358,000 - $410,000

3 Beds
3.5 Baths
1,812 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $390,000 $215 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,647/month

8 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Central Air

About This Home

As of July 2024

Nice home in a good community. End Unit,Fully Finished Walk Out Basement, Fenced Yard, granite Counter Tops, Hardwood Floors. Fire Place on Main Level.

Last Agent to Sell the Property

Shawn Cathey

RE/MAX Advantage Realty License #0225056710 Listed on: 05/04/2024

RE/MAX Advantage Realty

Last Buyer's Agent

Mark Onwuka

American International Realty, LLC License #BR40000068

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 1980

Lot Details

  • 2,176 Sq Ft Lot
  • Property is Fully Fenced

HOA Fees

  • $84 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 194
  • Assessor Parcel Number 17141572312

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility
  • $40 Other Monthly Fees
  • Woodstream Village Homeowners Association
  • Woodstream Village Plat Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,253

Year Built

Built in 1980

Lot Details

0

HOA Fees

$84 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-04
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: Nice home in a good community. End Unit,Fully Finished Walk Out Basement, Fenced Yard, granite Counter Tops, Hardwood Floors. Fire Place on Main Level.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Improved, Outside Entrance
  • Laundry Type: Hookup, Basement
  • Total Sq Ft: 1812
  • Living Area Sq Ft: 1812
  • Price Per Sq Ft: 313.45
  • Above Grade Finished Sq Ft: 1212
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7001

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 84.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility
  • HOA Name: WOODSTREAM VILLAGE HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 120.00
  • Other Fees Frequency: Quarterly

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Fully
  • Land Use Code: TH
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2176.00
  • Year Assessed: 2024
  • Zoning: RSFA
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3253.00
  • Assessor Parcel Number: 17141572312
  • Tax Lot: 194
  • Tax Total Finished Sq Ft: 1212
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 07/26/2024

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jul 26, 2024
Sold by
Dorsaint Elie
Bought by
Farley Joyce and Mcgarrell Nigel
Seller's Agent
Shawn Cathey
RE/MAX Advantage Realty
Buyer's Agent
Mark Onwuka
American International Realty, LLC
List Price
$379,900
Sold Price
$390,000
Premium/Discount to List
$10,100
2.66%
Views
57
Current Estimated Value
$391,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,981
Avg. Annual Appreciation
0.49%
Original Mortgage
$382,936
Outstanding Balance
$376,855
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$15,126

Purchase Details

Listed on
Oct 23, 2015
Closed on
Jan 29, 2016
Sold by
Bdd Holding 2 Llc
Bought by
Dorsaint Elie
Seller's Agent
Jason Greenwald
Independent Realty, Inc
Buyer's Agent
Emmanuel Content
Fairfax Realty Premier
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$220,924
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2015
Sold by
Residential Value Llc
Bought by
Bdd Holding 2 Llc

Purchase Details

Closed on
Jun 18, 2013
Sold by
Ucheya Chima and Ucheya Priscilla
Bought by
Residential Value Llc

Purchase Details

Closed on
Jun 30, 1999
Sold by
Gervis Steven
Bought by
Smith Nicole

Purchase Details

Closed on
Jan 31, 1995
Sold by
Long Catherine A
Bought by
Gervis Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,475
Interest Rate
9.24%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farley Joyce $390,000 Allied Title
Dorsaint Elie $225,000 Attorney
Bdd Holding 2 Llc $130,500 Attorney
Residential Value Llc $130,500 None Available
Smith Nicole $121,500 --
Gervis Steven $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farley Joyce $382,936
Previous Owner Dorsaint Elie $14,569
Previous Owner Dorsaint Elie $220,924
Previous Owner Ucheya Priscilla $25,000
Previous Owner Ucheya Priscilla $266,400
Previous Owner Ucheya Priscilla $33,300
Previous Owner Ucheya Priscilla $256,500
Previous Owner Ucheya Chima $178,400
Previous Owner Ucheya Chima $44,600
Previous Owner Gervis Steven $112,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $390,000 +2.7% $215 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $379,900 +68.8% $210 / Sq Ft
01/28/2016 01/28/16 Sold $225,000 -1.7% $186 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
11/08/2015 11/08/15 For Sale $229,000 +1.8% $189 / Sq Ft
10/23/2015 10/23/15 Off Market $225,000 -- --
10/23/2015 10/23/15 For Sale $229,000 -- $189 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $5,000 $310,167 $0 $0
2023 $4,736 $292,533 $0 $0
2022 $4,474 $274,900 $75,000 $199,900
2021 $4,237 $258,933 $0 $0
2020 $4,000 $242,967 $0 $0
2019 $3,763 $227,000 $100,000 $127,000
2018 $3,672 $220,867 $0 $0
2017 $3,580 $214,733 $0 $0
2016 -- $208,600 $0 $0
2015 $3,356 $202,033 $0 $0
2014 $3,356 $195,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Cathey

    Seller's Agent in 2024

    Shawn Cathey

    RE/MAX

    (240) 295-6000

    3 in this area

    107 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Mark Onwuka

    American International Realty, LLC

    (240) 398-8064

    2 in this area

    23 Total Sales

    Section Image
  • Jason Greenwald

    Seller's Agent in 2016

    Jason Greenwald

    Independent Realty, Inc

    3 Total Sales

    Section Image

  • E

    Buyer's Agent in 2016

    Emmanuel Content

    Fairfax Realty Premier

    (240) 350-9275

    4 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDPG2111814

Bright MLS

APN: 14-1572312

Maryland Prince George's County Lanham 20706 Seabrook

7001 Palamar Terrace, Lanham, MD

This home is located at 7001 Palamar Terrace, Lanham, MD 20706 since 04 May 2024 and is currently estimated at $391,981, approximately $216 per square foot. This property was built in 1980. 7001 Palamar Terrace is a home located in Prince George's County with nearby schools including Gaywood Elementary School, Thomas Johnson Middle School, and Duval High School.

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