NOT LISTED FOR SALE

7023 Palamar Turn Lanham, MD 20706

Estimated Value: $381,000 - $399,309

3 Beds
4 Baths
1,200 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $320,000 $267 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,493/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Central Air
  • Wood Flooring
  • Tennis Courts
  • Property is in very good condition

About This Home

As of November 2021

MUST SEE THE INSIDE! THIS BEAUTIFUL TOWNHOUSE LOCATED IN WOODSTREAM VILLAGE COMMUNITY HAS 3 BEDROOM AND 2 FULL BATHROOM AND 2 HALF BATHROOM, SPACIOUS LIVING ROOM AND DINING ROOM, COZY KITCHEN, LARGE MASTER BEDROOM WITH BATHROOM, AND NICE DECK TO ENJOY NICE WEATHER. THIS HOME IS CONVENIENTLY LOCATED NEAR SHOPPING CENTER, RESTAURANTS, PUBLIC TRANSPORTATION, BW PARKWAY AND BELTWAY. THE COMMUNITY HAS AMENITIES INCLUDING POOL, TENNIS COURT, PLAYGROUND AND MANY MORE. PLEASE FOLLOW ALL COVID-19 GUIDELINES WHEN TOURING THIS HOME. NO MORE THAN 3 PEOPLE IN THE HOME AT A TIME, INCLUDING THE AGENT. PLEASE REMOVE SHOES OR USE SHOE COVERS. SOLD AS-IS AND SELLER NEEDS HOME OF CHOICE CONTINGENCY.

Last Agent to Sell the Property

Carl Reid

(240) 388-4931 carlreidrealestate@gmail.com HomeSmart Listed on: 09/18/2021

HomeSmart

Last Buyer's Agent

Emmanuel Ukwandu

(301) 928-8518 drsoldservices@gmail.com Independent Realty, Inc License #BR101653

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1981

Lot Details

  • 1,550 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Laundry in unit
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 255
  • Assessor Parcel Number 17141572932

Community Details

Overview

  • Association fees include pool(s)
  • $35 Other Monthly Fees
  • Woodstream East Plat One Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,686

Year Built

Built in 1981

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Bathroom 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 266.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 354.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 77.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor, Tot Lots/Playground, Basketball Courts
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 105.00
  • Other Fees Frequency: Quarterly

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 176600.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Property Condition: Very Good
  • Zoning: RT
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14586751
  • Tax Annual Amount: 3686.00
  • Assessor Parcel Number: 17141572932
  • Tax Lot: 255
  • Tax Page Number: 42
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Nov 12, 2021
Sold by
Musac Pierre G and Musac Nathalie L
Bought by
Baker Katherine K
Seller's Agent
Carl Reid
HomeSmart
Buyer's Agent
Emmanuel Ukwandu
Independent Realty, Inc
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$391,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,827
Avg. Annual Appreciation
4.99%
Original Mortgage
$314,204
Outstanding Balance
$287,320
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$104,507

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 26, 2016
Sold by
Hudgens Suzanne M
Bought by
Musac Pierre G and Musac Anthalie L
Seller's Agent
Roberson Lapierre
Heymann Realty, LLC
Buyer's Agent
Fenol Cadet
MS Chris Realty LLC
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$240,562
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1993
Sold by
Kramer J T
Bought by
Hudgens Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,950
Interest Rate
6.86%

Purchase Details

Closed on
Aug 10, 1989
Sold by
Wyche Audrey D
Bought by
Kramer Jeffery T and Kramer Lois D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baker Katherine K $320,000 Sheridan Title Inc
Musac Pierre G $245,000 Preferred Title & Escrow Inc
Hudgens Suzanne M $108,400 --
Kramer Jeffery T $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Katherine K $314,204
Previous Owner Musac Pierre G $240,562
Previous Owner Hudgens Suzanne M $102,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $320,000 0.0% $267 / Sq Ft
09/18/2021 09/18/21 For Sale $320,000 +30.6% $267 / Sq Ft
10/26/2016 10/26/16 Sold $245,000 0.0% -- View Prior Sale
09/12/2016 09/12/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $245,000 -- --
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 $4,659 $305,100 $75,000 $230,100
2024 $4,659 $287,267 -- --
2023 $4,393 $269,433 $0 $0
2022 $4,128 $251,600 $75,000 $176,600
2021 $3,907 $236,733 $0 $0
2020 $7,373 $221,867 $0 $0
2019 $2,964 $207,000 $100,000 $107,000
2018 $3,437 $205,733 $0 $0
2017 $2,946 $204,467 $0 $0
2016 -- $203,200 $0 $0
2015 $2,886 $196,933 $0 $0
2014 $2,886 $190,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG2012036

Bright MLS

APN: 14-1572932