NOT LISTED FOR SALE

7002 Palamar Turn Lanham, MD 20706

Estimated Value: $346,132 - $373,000

2 Beds
2.5 Baths
-- Sq Ft
$74/mo HOA Fee

Last Sold December 22, 2014

Last sale price $159,000

Est. 127% increase in value since last sale

Current estimated payment $2,328/month

Highlights

  • Colonial Architecture
  • Living Room
  • Central Air
  • 1 Fireplace
  • En-Suite Primary Bedroom
  • Dining Room

About This Home

As of December 2014

Lovely 3 level, 2 bedroom, 2.5 bath townhome in sought after Woodstream Village neighborhood close to shops, restaurants, major transportation routes! New laminate flooring and carpeting throughout main and upper floors. Large bedrooms with plenty of storage! Wood burning fireplace for those chilly Winter days. Home is in good condition but sold strictly AS-IS.

Last Agent to Sell the Property

Tina Cheung

(240) 463-8979 tina@thegoldstandardgroup.com EXP Realty, LLC License #601422 Listed on: 11/18/2014

EXP Realty, LLC

Last Buyer's Agent

Tina Cheung

(240) 463-8979 tina@thegoldstandardgroup.com EXP Realty, LLC License #601422 Listed on: 11/18/2014

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,053

Year Built

  • Built in 1980

Lot Details

  • 1,550 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • $30 Other Monthly Fees
  • Woodstream Village Plat Subdivision

Listing and Financial Details

  • Tax Lot 199
  • Assessor Parcel Number 17141572379

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,053

Year Built

Built in 1980

Lot Details

0

HOA Fees

$74 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1980
  • Remarks Public: Lovely 3 level, 2 bedroom, 2.5 bath townhome in sought after Woodstream Village neighborhood close to shops, restaurants, major transportation routes! New laminate flooring and carpeting throughout main and upper floors. Large bedrooms with plenty of storage! Wood burning fireplace for those chilly Winter days. Home is in good condition but sold strictly AS-IS.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 7002

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: 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

Utilities

  • Refuse: 356.32
  • 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: 74.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 89.50
  • Other Fees Frequency: Quarterly

Lot Info

  • Improvement Assessed Value: 103500.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1550
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Year Assessed: 2014
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14680549
  • Tax Annual Amount: 3052.53
  • Assessor Parcel Number: 17141572379
  • Tax Lot: 199
  • Tax Page Number: 151
  • Tax Total Finished Sq Ft: 1214
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/22/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Dec 19, 2014
Sold by
Lin Kun
Bought by
Eniola Olufunmilola A
Seller's Agent
Tina Cheung
EXP Realty, LLC
Buyer's Agent
Tina Cheung
EXP Realty, LLC
List Price
$150,000
Sold Price
$159,000
Premium/Discount to List
$9,000
6%
Current Estimated Value
$360,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,283
Avg. Annual Appreciation
7.84%
Original Mortgage
$151,050
Outstanding Balance
$116,001
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$244,282

Purchase Details

Listed on
Feb 8, 2013
Closed on
Apr 11, 2013
Sold by
Pierson Richard E and Pierson Lisa J
Bought by
Lin Kun
Seller's Agent
Michelle Willis
RE/MAX Professionals
Buyer's Agent
Tina Cheung
EXP Realty, LLC
List Price
$132,000
Sold Price
$135,000
Premium/Discount to List
$3,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
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:

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Average Value
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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2014 12/22/14 Sold $159,000 +6.0% --
12/03/2014 12/03/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $150,000 +11.1% --
04/11/2013 04/11/13 Sold $135,000 +2.3% -- View Prior Sale
02/20/2013 02/20/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $132,000 -- --
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
2025 $4,194 $299,600 $75,000 $224,600
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

Agents Affiliated with this Home

  • Tina Cheung

    Seller's Agent in 2014

    Tina Cheung

    EXP Realty, LLC

    (240) 463-8979

    200 Total Sales

    Tina Cheung
    Section Image
  • Michelle Willis

    Seller's Agent in 2013

    Michelle Willis

    RE/MAX

    (301) 520-0303

    118 Total Sales

    Michelle Willis
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003263134

Bright MLS

APN: 14-1572379

Maryland Prince George's County Lanham 20706

7002 Palamar Turn, Lanham, MD

This home is located at 7002 Palamar Turn, Lanham, MD 20706 since 18 November 2014 and is currently estimated at $360,283. This property was built in 1980. 7002 Palamar Turn 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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