NOT LISTED FOR SALE

7002 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $342,000 - $382,000

3 Beds
3 Baths
1,200 Sq Ft
$301/Sq Ft Est. Value

About This Home

This home is located at 7002 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $361,162, approximately $300 per square foot. 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
Dec 19, 2014
Sold by
Lin Kun
Bought by
Eniola Olufunmilola A
Current Estimated Value
$363,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,050
Outstanding Balance
$117,986
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$245,839

Purchase Details

Closed on
Apr 11, 2013
Sold by
Pierson Richard E and Pierson Lisa J
Bought by
Lin Kun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1996
Sold by
Pierson Richard E
Bought by
Pierson Richard E and Pierson Lisa J
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
Eniola Olufunmilola A $159,000 Preferred Title & Escrow Inc
Lin Kun $135,000 Dunns Title & Escrow Inc
Pierson Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eniola Olufunmilola A $151,050
Previous Owner Lin Kun $108,000
Previous Owner Pierson Richard E $190,450
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 $4,194 $283,933 $0 $0
2023 $4,047 $268,267 $0 $0
2022 $3,858 $252,600 $75,000 $177,600
2021 $3,678 $237,467 $0 $0
2020 $3,583 $222,333 $0 $0
2019 $2,967 $207,200 $100,000 $107,200
2018 $3,441 $205,967 $0 $0
2017 $3,413 $204,733 $0 $0
2016 -- $203,500 $0 $0
2015 $3,191 $194,800 $0 $0
2014 $3,191 $186,100 $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 $361,162, approximately $300 per square foot. 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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