NOT LISTED FOR SALE

7020 Palamar Terrace Lanham, MD 20706

Estimated Value: $341,349 - $386,000

3 Beds
2.5 Baths
1,212 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $240,000 $198 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,421/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Game Room
  • Tennis Courts
  • Traditional Floor Plan
  • Community Pool
  • Patio

About This Home

As of July 2017

End-unit townhome ready for your touch! Spacious kitchen with a separate dining room. Master Bedroom with an attached full bath and walk-in closet. Rec Room on LL with wood-burning fireplace and sliding doors to a patio. Separate laundry room with generous storage space. Automatic membership in Woodstream Rec Assoc - Pool, Tennis, Trails.

Last Agent to Sell the Property

Ryan Verey

(703) 625-9958 ryan@optimalpropertysolutions.com Real Broker, LLC License #0225215282 Listed on: 06/22/2017

Real Broker, LLC

Last Buyer's Agent

Anthony Thomas

(202) 780-5601 realestategophur@gmail.com Redfin Corp License #631019

Redfin Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 1980

Lot Details

  • 2,186 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Fireplace With Glass Doors
  • Sliding Doors
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Side Exterior Basement Entry

Outdoor Features

  • Patio

Schools

  • Gaywood Elementary School
  • Thomas Johnson Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 17141571967

Community Details

Overview

  • $33 Other Monthly Fees
  • Woodstream Village Community
  • Woodstream Village Plat Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,381

Year Built

Built in 1980

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 100.00
  • Other Fees Frequency: Quarterly

Schools

  • Elementary School: GAYWOOD
  • Middle Or Junior School: THOMAS JOHNSON

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 2186
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2186.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3380.76
  • Assessor Parcel Number: 17141571967
  • Tax Lot: 159
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jul 26, 2017
Sold by
Johnson Monique D
Bought by
Washington Danaya T
Seller's Agent
Ryan Verey
Real Broker, LLC
Buyer's Agent
Anthony Thomas
Redfin Corp
List Price
$234,900
Sold Price
$240,000
Premium/Discount to List
$5,100
2.17%
Current Estimated Value
$369,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,837
Avg. Annual Appreciation
5.32%
Original Mortgage
$244,200
Outstanding Balance
$202,833
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$167,004

Purchase Details

Closed on
May 10, 2016
Sold by
Johnson Monique D
Bought by
Monique D Johnson Living Trust and Johnson Monique D

Purchase Details

Closed on
May 2, 1996
Sold by
Lewoc Beverly A
Bought by
Johnson Michele D

Purchase Details

Closed on
Feb 26, 1985
Sold by
Weiler Edward J
Bought by
Lewoc Beverly A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Washington Danaya T $240,000 Dream Title & Escrow Llc
Monique D Johnson Living Trust -- Attorney
Johnson Michele D $122,000 --
Lewoc Beverly A $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Danaya T $244,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $240,000 +2.2% $198 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $234,900 -- $194 / 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
2025 $4,785 $312,300 $75,000 $237,300
2024 $4,785 $295,733 $0 $0
2023 $4,538 $279,167 $0 $0
2022 $4,292 $262,600 $75,000 $187,600
2021 $4,065 $247,333 $0 $0
2020 $3,838 $232,067 $0 $0
2019 $3,611 $216,800 $100,000 $116,800
2018 $3,534 $211,633 $0 $0
2017 $2,968 $206,467 $0 $0
2016 -- $201,300 $0 $0
2015 $2,871 $195,200 $0 $0
2014 $2,871 $189,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Verey

    Seller's Agent in 2017

    Ryan Verey

    Real Broker, LLC

    (703) 625-9958

    15 Total Sales

    Ryan Verey
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Map

Source: Bright MLS

MLS Number: 1001100805

Bright MLS

APN: 14-1571967

Maryland Prince George's County Lanham 20706

7020 Palamar Terrace, Lanham, MD

Not Listed for Sale

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