NOT LISTED FOR SALE

7002 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $352,000 - $388,000

1 Bed
2 Baths
-- Sq Ft
1,568 Sq Ft Lot

About This Home

This home is located at 7002 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $375,244. 7002 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Tucker Devan Danielle and Malawi Emanuel
Bought by
Nneji Adleen Chinma
Current Estimated Value
$375,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$318,837
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$56,407

Purchase Details

Closed on
Nov 10, 2010
Sold by
Woodruff Lorie P
Bought by
Tucker Devan D and Tucker Malawi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,015
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2006
Sold by
Adesina Abimbola A
Bought by
Oluborode Tito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 13, 2006
Sold by
Adesina Abimbola A
Bought by
Oluborode Tito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 20, 2002
Sold by
Braimah Ahmed O
Bought by
Adesina Abimbola A

Purchase Details

Closed on
Jul 31, 1997
Sold by
Harper Mary C
Bought by
Braimah Ahmed O and Abrah Abimbola A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
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
Nneji Adleen Chinma $350,000 Advantage Title
Tucker Devan D $214,900 --
Oluborode Tito $320,000 --
Oluborode Tito $320,000 --
Adesina Abimbola A -- --
Braimah Ahmed O $112,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nneji Adleen Chinma $332,500
Previous Owner Tucker Malawi Emanuel $5,000
Previous Owner Tucker Devan D $212,015
Previous Owner Tucker Devan Danielle $5,000
Previous Owner Oluborode Tito $64,000
Previous Owner Oluborode Tito $64,000
Previous Owner Adesina Abimbola A $252,000
Source: Public Records

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 $4,569 $281,200 $0 $0
2023 $4,338 $265,700 $0 $0
2022 $4,107 $250,200 $75,000 $175,200
2021 $7,995 $235,400 $0 $0
2020 $3,668 $220,600 $0 $0
2019 $2,947 $205,800 $100,000 $105,800
2018 $3,417 $204,433 $0 $0
2017 $3,387 $203,067 $0 $0
2016 -- $201,700 $0 $0
2015 $3,273 $195,500 $0 $0
2014 $3,273 $189,300 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706 Seabrook

7002 Palamar Terrace, Lanham, MD

This home is located at 7002 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $375,244. 7002 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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