NOT LISTED FOR SALE

7002 Palamar Terrace Lanham, MD 20706

Estimated Value: $354,000 - $369,491

3 Beds
4 Baths
1,200 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2022

Last sale price $350,000 $292 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,411 / mo

12 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Heat Pump System

About This Home

As of September 2022

NO MORE SHOWINGS!!! MULTIPLE OFFERS IN HAND...The sellers are ready for you to tour their home. Meticulously kept and move-in ready. The sellers have just recently made many updates to the major components of the home such as the roof, HVAC as well a new water heater. The main level along with the upstairs boasts hardwood flooring. The sellers have installed vinyl flooring in the basement. So come and tour worry free and envision yourself in your new home.

Last Agent to Sell the Property

Felecia Cole

(703) 378-8810 feleciacole101@gmail.com Samson Properties License #605609 Listed on: 08/11/2022

Samson Properties

Last Buyer's Agent

Heather Fry

(804) 612-8542 hfry@capcenter.com Capital Center License #SP200206145

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1980

Lot Details

  • 1,550 Sq Ft Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Heated Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 17141571876

Community Details

Overview

  • $100 Recreation Fee
  • Woodstream Village Plat Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,887

Year Built

Built in 1980

Lot Details

1,550 Sq Ft Lot

HOA Fees

$79 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-08-11
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Heated
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 291.67
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

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: 79.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 100.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Zoning: RSFA
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3887.00
  • Assessor Parcel Number: 17141571876
  • Tax Lot: 150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 21, 2022
Sold by
Bought by
Seller's Agent
Felecia Cole
Samson Properties
Buyer's Agent
Heather Fry
Capital Center
List Price
$350,000
Sold Price
$350,000
Views
7
Current Estimated Value
$361,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,873
Avg. Annual Appreciation
0.89%
Original Mortgage
$332,500
Outstanding Balance
$318,413
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$43,460

Purchase Details

Closed on
Nov 10, 2010
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Jul 31, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Advantage Title
$214,900 --
$320,000 --
$320,000 --
-- --
$112,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $332,500
Previous Owner $212,015
Previous Owner $64,000
Previous Owner $64,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $350,000 0.0% $292 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/24/2022 08/24/22 Off Market $350,000 -- --
08/11/2022 08/11/22 For Sale $350,000 -- $292 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,569 $296,700 $75,000 $221,700
2024 $4,569 $281,200 -- --
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

Agents Affiliated with this Home

  • Felecia Cole

    Seller's Agent in 2022

    Felecia Cole

    Samson Properties

    (240) 508-6547

    3 in this area

    26 Total Sales

    Felecia Cole
    Section Image
  • Heather Fry

    Buyer's Agent in 2022

    Heather Fry

    Capital Center

    (214) 514-6894

    1 in this area

    118 Total Sales

    Heather Fry
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG2049934

Bright MLS

APN: 14-1571876

Maryland Prince George's County Lanham 20706

7002 Palamar Terrace, Lanham, MD

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