Seller's Agent in 2025
Sitota Bakalo
Fairfax Realty Select
(703) 395-1701
1 in this area
12 Total Sales
7004 Palamar Terrace Lanham, MD 20706
3
Beds
4
Baths
1,214
Sq Ft
$83/mo
HOA Fee
Highlights
- Colonial Architecture
- Central Air
- Heat Pump System
About This Home
As of January 2025Welcome to this beautiful three-bedroom, two-full-bath & two-half-bath in the charming Wood Stream Village neighborhood in Lanham Maryland.
This newly renovated property is perfect for families seeking comfort, space, and modern amenities.
The main level features a spacious living room, half bathroom, and a brand-new kitchen with a granite countertop, and stainless-steel appliances. Newly installed hardwood floor in the living room with recessed light and well-maintained deck in the backyard.
On the upper level, you will find a Master bedroom with a fully updated bathroom and two bedrooms with a newly updated bathroom. upper stairs newly installed wall-to-wall carpet.
In the basement, you will find a storage area with a washer & dryer, and a utility room with a new water heater,
Conveniently located near schools, shopping centers, and commuting routes, this home offers the convenience of living in Lanham with its community atmosphere and easy access to both Washington, D.C. and Baltimore.
Last Agent to Sell the Property
(703) 395-1701 sitotabb@yahoo.com Fairfax Realty Select Listed on: 11/09/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,373
Year Built
- Built in 1980
Lot Details
- 1,550 Sq Ft Lot
HOA Fees
- $83 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- Property has 3 Levels
- Finished Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- Association fees include trash
- $35 Other Monthly Fees
- Woodstream Village HOA
- Woodstream Village Subdivision
Listing and Financial Details
- Tax Lot 151
- Assessor Parcel Number 17141571884
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2024
Closed on
Jan 17, 2025
Sold by
Gudeta Woldesenbet and Gemeda Zewdinesh
Bought by
Philistin Chantal
Seller's Agent
Sitota Bakalo
Fairfax Realty Select
Buyer's Agent
Carl Reid
HomeSmart
List Price
$384,900
Sold Price
$384,900
Views
189
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,582
Avg. Annual Appreciation
-0.71%
Original Mortgage
$307,920
Outstanding Balance
$305,744
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$76,574
Purchase Details
Closed on
May 7, 2004
Sold by
Marshall Dale E
Bought by
Gudeta Woldesenbet Etal
Purchase Details
Closed on
Jun 3, 1999
Sold by
Leebel Dennis J and Trst Elizabeth M
Bought by
Marshall Dale E and Abigail Walcott
Purchase Details
Closed on
Jan 2, 1997
Sold by
Leebel Dennis J
Bought by
Leebel Dennis J and Trst Elizabeth M
Purchase Details
Closed on
Dec 21, 1994
Sold by
Mcquain Jeffrey
Bought by
Leebel Dennis J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,600
Interest Rate
9.19%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $384,900 | Stewart Title | |
| Deed | $384,900 | Stewart Title | |
| Deed | $199,000 | -- | |
| Deed | $122,600 | -- | |
| Deed | -- | -- | |
| Deed | $124,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $307,920 | New Conventional | |
| Closed | $307,920 | New Conventional | |
| Previous Owner | $98,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $384,900 | 0.0% | $317 / Sq Ft |
| 11/09/2024 11/09/24 | For Sale | $384,900 | -- | $317 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,764 | $310,800 | $75,000 | $235,800 |
| 2024 | $4,764 | $294,333 | $0 | $0 |
| 2023 | $4,519 | $277,867 | $0 | $0 |
| 2022 | $4,274 | $261,400 | $75,000 | $186,400 |
| 2021 | $4,032 | $245,100 | $0 | $0 |
| 2020 | $3,789 | $228,800 | $0 | $0 |
| 2019 | $3,547 | $212,500 | $100,000 | $112,500 |
| 2018 | $3,520 | $210,667 | $0 | $0 |
| 2017 | $3,493 | $208,833 | $0 | $0 |
| 2016 | -- | $207,000 | $0 | $0 |
| 2015 | $2,971 | $200,633 | $0 | $0 |
| 2014 | $2,971 | $194,267 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sitota Bakalo
-
Carl Reid
Buyer's Agent in 2025
Carl Reid
HomeSmart
(240) 388-4931
2 in this area
21 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2130658
APN: 14-1571884
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