NOT LISTED FOR SALE

7020 Palamar Terrace Lanham, MD 20706

Estimated Value: $352,739 - $371,000

-- Bed
3 Baths
1,200 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 7020 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $365,935, approximately $304 per square foot. 7020 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
Oct 23, 2020
Sold by
Jackson Philip E
Bought by
Ogra Victor O and Ogra Udoka I
Current Estimated Value
$365,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Outstanding Balance
$257,634
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$108,301

Purchase Details

Closed on
Mar 15, 2013
Sold by
Mahmood Amjad
Bought by
Jackson Philip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 27, 2012
Sold by
Tetteh Felicia
Bought by
Mahmood Amjad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
3.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 9, 1994
Sold by
Greenberg Brian V
Bought by
Tetteh Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
7.7%
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
Ogra Victor O $295,000 Rgs Title Llc
Jackson Philip E $212,000 None Available
Mahmood Amjad $130,000 New Era Title Llc
Tetteh Felicia $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogra Victor O $289,656
Previous Owner Jackson Philip E $5,000
Previous Owner Mahmood Amjad $127,000
Previous Owner Tetteh Felicia $108,300
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 $4,708 $306,700 $75,000 $231,700
2024 $4,708 $290,533 $0 $0
2023 $4,467 $274,367 $0 $0
2022 $4,226 $258,200 $75,000 $183,200
2021 $3,991 $242,333 $0 $0
2020 $7,065 $226,467 $0 $0
2019 $3,016 $210,600 $100,000 $110,600
2018 $3,328 $209,267 $0 $0
2017 $3,281 $207,933 $0 $0
2016 -- $206,600 $0 $0
2015 $2,855 $198,200 $0 $0
2014 $2,855 $189,800 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7020 Palamar Terrace, Lanham, MD

Not Listed for Sale

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