7018 Palamar Terrace Lanham, MD 20706
Estimated Value: $338,773 - $372,000
3
Beds
3
Baths
1,214
Sq Ft
$294/Sq Ft
Est. Value
About This Home
This home is located at 7018 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $357,193, approximately $294 per square foot. 7018 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
Feb 23, 2022
Sold by
Lyn Trevor M
Bought by
Lyn Trevor M and Lyn Patrice N
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
$188,500
Outstanding Balance
$175,804
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$181,389
Purchase Details
Closed on
Oct 16, 2015
Sold by
Johnson Renee C
Bought by
Lyn Trevor M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,922
Interest Rate
3.92%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 30, 1999
Sold by
Chitre Dilip V
Bought by
Johnson Renee C
Purchase Details
Closed on
Oct 2, 1989
Sold by
Pettigrew Devon
Bought by
Chitre Dilip and Chitre Shobha D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyn Trevor M | $188,500 | None Listed On Document | |
| Lyn Trevor M | $143,768 | Attorney | |
| Johnson Renee C | $120,000 | -- | |
| Chitre Dilip | $114,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lyn Trevor M | $188,500 | |
| Previous Owner | Lyn Trevor M | $146,922 |
Source: Public Records
Tax History Compared to Growth
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 | $4,500 | $291,700 | $75,000 | $216,700 |
| 2024 | $4,500 | $276,567 | $0 | $0 |
| 2023 | $4,274 | $261,433 | $0 | $0 |
| 2022 | $4,049 | $246,300 | $75,000 | $171,300 |
| 2021 | $3,837 | $232,000 | $0 | $0 |
| 2020 | $3,624 | $217,700 | $0 | $0 |
| 2019 | $3,412 | $203,400 | $100,000 | $103,400 |
| 2018 | $3,395 | $202,233 | $0 | $0 |
| 2017 | $3,377 | $201,067 | $0 | $0 |
| 2016 | -- | $199,900 | $0 | $0 |
| 2015 | $3,257 | $193,933 | $0 | $0 |
| 2014 | $3,257 | $187,967 | $0 | $0 |
Source: Public Records
Map
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