NOT LISTED FOR SALE

7007 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $340,000 - $387,000

-- Bed
3 Baths
1,200 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 7007 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $374,007, approximately $311 per square foot. 7007 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
Oct 12, 2022
Sold by
Urban Vantage Llc
Bought by
Davis Melissa Amanda and Davis Gina Loraine
Current Estimated Value
$377,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Outstanding Balance
$335,647
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$38,018

Purchase Details

Closed on
Apr 26, 2022
Sold by
Edwards Roberta N
Bought by
Urban Vantage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1997
Sold by
Allen Sharon B
Bought by
Bussey Pamela E and Bussey Allen S

Purchase Details

Closed on
Sep 23, 1988
Sold by
Marier Donald W
Bought by
Allen Sharon B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Davis Melissa Amanda $365,000 First American Title
Urban Vantage Llc $240,000 New Title Company Name
Bussey Pamela E $120,000 --
Allen Sharon B $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Melissa Amanda $346,750
Previous Owner Urban Vantage Llc $240,000
Source: Public Records

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 $4,498 $281,500 $0 $0
2023 $4,342 $266,000 $0 $0
2022 $6,071 $250,500 $75,000 $175,500
2021 $4,112 $237,500 $0 $0
2020 $3,726 $224,500 $0 $0
2019 $3,029 $211,500 $100,000 $111,500
2018 $3,422 $206,567 $0 $0
2017 $3,312 $201,633 $0 $0
2016 -- $196,700 $0 $0
2015 $2,797 $190,200 $0 $0
2014 $2,797 $183,700 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706 Seabrook

7007 Palamar Terrace, Lanham, MD

This home is located at 7007 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $374,007, approximately $311 per square foot. 7007 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.

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