7010 Palamar Terrace Lanham, MD 20706
Estimated Value: $317,519 - $375,000
Studio
3
Baths
1,214
Sq Ft
$291/Sq Ft
Est. Value
About This Home
This home is located at 7010 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $353,380, approximately $291 per square foot. 7010 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
Jan 20, 2005
Sold by
Oboh Theresa O
Bought by
Kotey Alberta D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$92,270
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$261,110
Purchase Details
Closed on
Aug 7, 2001
Sold by
Edwards Bruce D
Bought by
Oboh Theresa O
Purchase Details
Closed on
Jun 30, 1994
Sold by
Brown Kenneth E
Bought by
Edwards Bruce D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,877
Interest Rate
8.55%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kotey Alberta D | $230,000 | -- | |
| Oboh Theresa O | $119,900 | -- | |
| Edwards Bruce D | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Edwards Bruce D | $184,000 | |
| Closed | Edwards Bruce D | $46,000 | |
| Previous Owner | Edwards Bruce D | $114,877 |
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 | $4,451 | $288,100 | $75,000 | $213,100 |
| 2024 | $4,451 | $273,233 | -- | -- |
| 2023 | $4,229 | $258,367 | $0 | $0 |
| 2022 | $4,008 | $243,500 | $75,000 | $168,500 |
| 2021 | $3,801 | $229,567 | $0 | $0 |
| 2020 | $3,594 | $215,633 | $0 | $0 |
| 2019 | $3,387 | $201,700 | $100,000 | $101,700 |
| 2018 | $3,369 | $200,533 | $0 | $0 |
| 2017 | $3,352 | $199,367 | $0 | $0 |
| 2016 | -- | $198,200 | $0 | $0 |
| 2015 | $3,073 | $192,300 | $0 | $0 |
| 2014 | $3,073 | $186,400 | $0 | $0 |
Source: Public Records
Map
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