NOT LISTED FOR SALE

7016 Palamar Terrace Lanham, MD 20706

Estimated Value: $366,638 - $380,000

-- Bed
2 Baths
1,212 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 7016 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $375,160, approximately $309 per square foot. 7016 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
Aug 16, 2022
Sold by
Higdon James S
Bought by
Fagbenro Lanrewaju Faidat and Fagbenro Omolabake G
Current Estimated Value
$375,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,055
Outstanding Balance
$336,662
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$38,498

Purchase Details

Closed on
Oct 25, 2006
Sold by
Gleason Francis X
Bought by
Higdon James S

Purchase Details

Closed on
Oct 16, 2006
Sold by
Gleason Francis X
Bought by
Higdon James S

Purchase Details

Closed on
Dec 11, 1996
Sold by
Gleason Francis X
Bought by
Gleason Francis X

Purchase Details

Closed on
Jul 19, 1990
Sold by
Davidson Harold E
Bought by
Gleason Francis X and Gleason Gloria N
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
Fagbenro Lanrewaju Faidat $358,550 New Title Company Name
Higdon James S $280,000 --
Higdon James S $280,000 --
Gleason Francis X -- --
Gleason Francis X $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagbenro Lanrewaju Faidat $352,055
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 $4,526 $293,500 $75,000 $218,500
2024 $4,526 $278,267 $0 $0
2023 $4,298 $263,033 $0 $0
2022 $3,804 $247,800 $75,000 $172,800
2021 $3,628 $233,300 $0 $0
2020 $7,073 $218,800 $0 $0
2019 $2,926 $204,300 $100,000 $104,300
2018 $3,399 $203,133 $0 $0
2017 $3,373 $201,967 $0 $0
2016 -- $200,800 $0 $0
2015 $3,265 $194,733 $0 $0
2014 $3,265 $188,667 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7016 Palamar Terrace, Lanham, MD

Not Listed for Sale

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