NOT LISTED FOR SALE

7003 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $346,000 - $388,000

3 Beds
1.5 Baths
1,214 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $300,000 $247 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,327/month

3 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Backs to Trees or Woods
  • Heated Community Pool
  • Traditional Architecture
  • Space For Rooms
  • Tennis Courts

About This Home

As of June 2021

Charming home w/recent updates. The main floor remodeled less than one year ago includes luxury vinyl flooring with the original hardwood floors preserved underneath the vinyl. Wonderful dining room lighting w/additional storage under the large bay window. Beautiful modern kitchen to include newer stainless steel appliances, marble style quartz countertops, elegant soft close cabinets, and a newly installed water filter/softener system. New windows less than two years old have also been included throughout. Separate but open & spacious living room which leads out to a large deck & fenced in backyard. Lower lvl basement includes large den/room, extra storage space under stairs & separate laundry area, a ruffend for an additional bathroom in the basement, storage, and a laundry room. Large closets in home also provide tons of additional available storage space. Includes 1 assigned parking space & 1 guest pass. Ideal location. Quiet neighborhood w/community pool, basketball court, tennis court & playground. All minutes away from 495, NASA-Goddard, University of Maryland, and both Greenbelt AND College Park Metro stations. Just a short drive from or to DC, easy commute to Baltimore or Annapolis.Schedule Your Showing Appointment. Viewings are by appointment only. Follow instructions from Showing Time.

Last Agent to Sell the Property

Larry Mark

Exit Community Realty License #679191 Listed on: 05/03/2021

Exit Community Realty

Last Buyer's Agent

Victor Dimbo

Bennett Realty Solutions License #SP200201495

Bennett Realty Solutions

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1980

Lot Details

  • 1,550 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Backs to Trees or Woods
  • Back Yard Fenced and Front Yard
  • Property is in very good condition

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 3 Levels
  • Recessed Lighting
  • Window Treatments
  • Bay Window
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Carpet
  • Monitored
  • Dryer

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Sump Pump
  • Space For Rooms
  • Laundry in Basement
  • Basement Windows

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • Parking Permit Included
  • 3 Assigned Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Water Holding Tank
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 195
  • Assessor Parcel Number 17141572320

Community Details

Overview

  • $105 Recreation Fee
  • Association fees include common area maintenance, lawn maintenance, parking fee, pool(s), snow removal, trash
  • D.H. Bader Management HOA, Phone Number (301) 953-1955
  • Woodstream Village Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Jogging Path

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,515

Year Built

Built in 1980

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1980
  • Assigned Parking Space Numbers: R
  • Automatically Close On Close Date: No
  • Remarks Public: Charming home w/recent updates. The main floor remodeled less than one year ago includes luxury vinyl flooring with the original hardwood floors preserved underneath the vinyl. Wonderful dining room lighting w/additional storage under the large bay window. Beautiful modern kitchen to include newer stainless steel appliances, marble style quartz countertops, elegant soft close cabinets, and a newly installed water filter/softener system. New windows less than two years old have also been included throughout. Separate but open & spacious living room which leads out to a large deck & fenced in backyard. Lower lvl basement includes large den/room, extra storage space under stairs & separate laundry area, a ruffend for an additional bathroom in the basement, storage, and a laundry room. Large closets in home also provide tons of additional available storage space. Includes 1 assigned parking space & 1 guest pass. Ideal location. Quiet neighborhood w/community pool, basketball court, tennis court & playground. All minutes away from 495, NASA-Goddard, University of Maryland, and both Greenbelt AND College Park Metro stations. Just a short drive from or to DC, easy commute to Baltimore or Annapolis.Schedule Your Showing Appointment. Viewings are by appointment only. Follow instructions from Showing Time.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Carpet, Dining Area, Window Treatments, Recessed Lighting, Kitchen - Table Space, Kitchen - Gourmet, Formal/Separate Dining Room, Family Room Off Kitchen
  • Window Features: Bay/Bow
  • Fireplace: No
  • Door Features: Storm, Insulated
  • Levels Count: 3
  • Room List: Living Room, Den, Bedroom 1
  • Basement: Yes
  • Basement Type: Partially Finished, Improved, Sump Pump, Windows, Space For Rooms, Daylight, Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1214
  • Living Area Sq Ft: 1214
  • Price Per Sq Ft: 247.12
  • Above Grade Finished Sq Ft: 1214
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7003

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Exterior Lighting, Street Lights
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 3
  • Garage: No
  • Parking Features: Assigned, Permit Included
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 354.00
  • 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
  • Security: Main Entrance Lock, Monitored, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available, Phone Connected, Sewer Available, Under Ground, Water Available
  • Water Source: Holding Tank, Filter
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 77.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Pool - Outdoor, Basketball Courts, Tennis Courts, Jog/Walk Path, Common Grounds, Community Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Parking Fee, Pool(s), Snow Removal, Trash
  • HOA Name: D.H. BADER MANAGEMENT
  • HOA Phone: 301-953-1955
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 105.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Heated, Lap/Exercise

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully, Privacy, Rear, Wood
  • Improvement Assessed Value: 161300.00
  • Land Assessed Value: 75000.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Front Yard
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RT
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14586705
  • Tax Annual Amount: 3515.00
  • Assessor Parcel Number: 17141572320
  • Tax Lot: 195
  • Tax Page Number: 186
  • Tax Total Finished Sq Ft: 1214
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/18/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Hay Irvin L
Bought by
Hay Irvin L and Hay Irvin L
Current Estimated Value
$354,257

Purchase Details

Closed on
Jan 3, 2020
Sold by
Felix Marilyn V
Bought by
Hay Irvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,015
Interest Rate
3.73%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 1999
Sold by
Harcum Gilbert M
Bought by
Felix Marilyn V

Purchase Details

Closed on
Feb 4, 1986
Sold by
Singh Lokesh and Singh Jai
Bought by
Harcum Gilbert M and Harcum Geraldine G
Source: Public Records

Range of Values:

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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
Hay Irvin L -- None Listed On Document
Hay Irvin $100,000 Passport Title Services Llc
Felix Marilyn V $116,900 --
Harcum Gilbert M $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hay Irvin L $160,000
Previous Owner Hay Irvin $102,015
Previous Owner Felix Marilyn $102,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $300,000 0.0% $247 / Sq Ft
06/16/2021 06/16/21 Price Changed $300,000 -9.1% $247 / Sq Ft
05/17/2021 05/17/21 Price Changed $330,000 -7.0% $272 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $355,000 +16.4% $292 / Sq Ft
05/03/2021 05/03/21 For Sale $305,000 -- $251 / Sq Ft
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
2024 $4,572 $281,400 $0 $0
2023 $4,341 $265,900 $0 $0
2022 $4,110 $250,400 $75,000 $175,400
2021 $3,890 $235,567 $0 $0
2020 $3,670 $220,733 $0 $0
2019 $2,948 $205,900 $100,000 $105,900
2018 $3,431 $204,700 $0 $0
2017 $3,396 $203,500 $0 $0
2016 -- $202,300 $0 $0
2015 $3,275 $195,967 $0 $0
2014 $3,275 $189,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG604684

Bright MLS

APN: 14-1573039