NOT LISTED FOR SALE

7008 Palamar Terrace Lanham, MD 20706

Estimated Value: $341,703 - $386,000

Studio
3 Baths
1,212 Sq Ft
$306/Sq Ft Est. Value

About This Home

This home is located at 7008 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $370,676, approximately $305 per square foot. 7008 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
Jul 19, 2022
Sold by
Fatou Thiam Mame
Bought by
Thiam Mame Fatou and Thiam Ndeye Adja
Current Estimated Value
$368,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,594
Outstanding Balance
$272,370
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$98,306

Purchase Details

Closed on
Aug 1, 2017
Sold by
Chess Cassandra and Carter Cassandra M
Bought by
Thiam Mame Fatou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 1996
Sold by
Probst Walter
Bought by
Carter Cassandra M

Purchase Details

Closed on
Aug 18, 1980
Sold by
Artery
Bought by
Probst Walter and Probst Joyce A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Thiam Mame Fatou $1,651,670 None Listed On Document
Thiam Mame Fatou $255,000 Kvs Title Llc
Carter Cassandra M $117,500 --
Probst Walter $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiam Mame Fatou $284,594
Previous Owner Thiam Mame Fatou $250,381
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
2025 $4,828 $315,400 $75,000 $240,400
2024 $4,828 $298,600 -- --
2023 $4,577 $281,800 $0 $0
2022 $4,327 $265,000 $75,000 $190,000
2021 $4,108 $250,267 $0 $0
2020 $3,889 $235,533 $0 $0
2019 $3,671 $220,800 $100,000 $120,800
2018 $3,591 $215,433 $0 $0
2017 $3,014 $210,067 $0 $0
2016 -- $204,700 $0 $0
2015 $2,907 $198,333 $0 $0
2014 $2,907 $191,967 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7008 Palamar Terrace, Lanham, MD

Not Listed for Sale

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