NOT LISTED FOR SALE

7014 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $343,000 - $388,000

2 Beds
3.5 Baths
1,200 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $167,000 $139 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,413/month

13 Days on Market

Highlights

  • Attic
  • Game Room
  • Living Room
  • 1 Fireplace
  • Tennis Courts
  • Laundry Room

About This Home

As of August 2012

Gorgeous 2 bedroom townhouse with 3/1 baths featuring 2 master bedrooms on upper level with possible 3rd room in basement.Recently updated appliances,hvac,hardwood floors in dinning room.So many upgrades to many to list. A must see property.

Last Agent to Sell the Property

Carla Jones

Trademark Realty, Inc License #602957 Listed on: 05/09/2012

Last Buyer's Agent

Tiajuana Sizemore

Bennett Realty Solutions License #530106

Bennett Realty Solutions

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1980

Lot Details

  • 1,550 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Shingle Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Attic
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 17141571934
  • $305 Front Foot Fee per year

Community Details

Overview

  • Association fees include pool(s)
  • $27 Other Monthly Fees
  • Woodstream Village Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,215

Year Built

Built in 1980

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1980
  • Remarks Public: Gorgeous 2 bedroom townhouse with 3/1 baths featuring 2 master bedrooms on upper level with possible 3rd room in basement.Recently updated appliances,hvac,hardwood floors in dinning room.So many upgrades to many to list. A must see property.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Window Treatments, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Game Room, Foyer, Laundry, Attic
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 7014

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick Front, Shingle Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 20.94
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 73.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Recreational Center, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 81.25
  • Other Fees Frequency: Quarterly

Lot Info

  • Improvement Assessed Value: 79100.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1550
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Year Assessed: 2012
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14586677
  • Tax Annual Amount: 3215.28
  • Assessor Parcel Number: 17141571934
  • Tax Lot: 156
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 08/31/2012

Multi Family

  • Front Foot Fee: 305.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Aug 31, 2012
Sold by
Abayomi Oluwaseun A
Bought by
Queen Indian L
Seller's Agent
Carla Jones
Trademark Realty, Inc
Buyer's Agent
Tiajuana Sizemore
Bennett Realty Solutions
List Price
$180,000
Sold Price
$167,000
Premium/Discount to List
-$13,000
-7.22%
Current Estimated Value
$367,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,766
Avg. Annual Appreciation
6.36%
Original Mortgage
$163,975
Outstanding Balance
$115,103
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$256,308

Purchase Details

Closed on
Aug 9, 2005
Sold by
Chimb
Bought by
Abayomi Oluwaseun A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Sold by
Chimbanda Clarisse & Danna Labor
Bought by
Chimbanda Clarisse

Purchase Details

Closed on
Apr 10, 2002
Sold by
Clement Patrice
Bought by
Chimbanda Clarisse & Danna Labor

Purchase Details

Closed on
Sep 18, 1997
Sold by
Satterfield Cecil H
Bought by
Clement Patrice
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
Queen Indian L $167,000 Sheridan Title Inc
Abayomi Oluwaseun A $275,000 --
Chimbanda Clarisse -- --
Chimbanda Clarisse & Danna Labor $141,500 --
Clement Patrice $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Queen India L $25,000
Open Queen Indian L $163,975
Previous Owner Abayomi Oluwaseun A $80,000
Previous Owner Abayomi Oluwaseun A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $167,000 -7.2% $139 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $180,000 -- $150 / 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 $4,033 $273,500 $0 $0
2023 $3,892 $258,600 $0 $0
2022 $3,713 $243,700 $75,000 $168,700
2021 $3,543 $229,767 $0 $0
2020 $3,455 $215,833 $0 $0
2019 $3,348 $201,900 $100,000 $101,900
2018 $3,284 $200,700 $0 $0
2017 $3,241 $199,500 $0 $0
2016 -- $198,300 $0 $0
2015 $3,215 $191,900 $0 $0
2014 $3,215 $185,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carla Jones

    Trademark Realty, Inc

    (301) 379-0090

    23 Total Sales

    Section Image
  • Tiajuana Sizemore

    Buyer's Agent in 2012

    Tiajuana Sizemore

    Bennett Realty Solutions

    (240) 476-8025

    21 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003980060

Bright MLS

APN: 14-1571934

Maryland Prince George's County Lanham 20706 Seabrook

7014 Palamar Terrace, Lanham, MD

This home is located at 7014 Palamar Terrace, Lanham, MD 20706 since 09 May 2012 and is currently estimated at $367,766, approximately $306 per square foot. This property was built in 1980. 7014 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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