7002 Palamar Terrace Lanham, MD 20706
Estimated Value: $330,299 - $377,000
3
Beds
3
Baths
1,200
Sq Ft
$298/Sq Ft
Est. Value
About This Home
This home is located at 7002 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $357,825, approximately $298 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
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
$114,656
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$243,169
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
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Home Values in the Area
Average Home Value in this Area
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 |
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 |
|---|---|---|---|---|
| 2025 | $4,194 | $299,600 | $75,000 | $224,600 |
| 2024 | $4,194 | $283,933 | -- | -- |
| 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
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