7024 Palamar Terrace Lanham, MD 20706
Estimated Value: $340,753 - $380,000
--
Bed
2
Baths
1,212
Sq Ft
$303/Sq Ft
Est. Value
About This Home
This home is located at 7024 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $366,688, approximately $302 per square foot. 7024 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 25, 2006
Sold by
Vig Virendra K
Bought by
Barber Penny and Barber Ronald Hunt
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
$65,000
Outstanding Balance
$38,651
Interest Rate
6.49%
Mortgage Type
Stand Alone Second
Estimated Equity
$328,037
Purchase Details
Closed on
Oct 5, 2006
Sold by
Vig Virendra K
Bought by
Barber Penny and Barber Ronald Hunt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$38,651
Interest Rate
6.49%
Mortgage Type
Stand Alone Second
Estimated Equity
$328,037
Purchase Details
Closed on
Sep 15, 2003
Sold by
Vig Virendra K
Bought by
Vig Virendra K and Vig Paul
Purchase Details
Closed on
Nov 18, 1997
Sold by
Vig Virendra K
Bought by
Vig Virendra K and Vig Pawan
Purchase Details
Closed on
Aug 11, 1997
Sold by
Vajani Sharad
Bought by
Vig Virendra K and Vig Pawan
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 |
|---|---|---|---|
| Barber Penny | $325,000 | -- | |
| Barber Penny | $325,000 | -- | |
| Vig Virendra K | -- | -- | |
| Vig Virendra K | -- | -- | |
| Vig Virendra K | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barber Penny | $65,000 | |
| Open | Barber Penny | $260,000 | |
| Closed | Barber Penny | $65,000 | |
| Closed | Barber Penny | $260,000 |
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 | $4,526 | $293,500 | $75,000 | $218,500 |
| 2024 | $4,526 | $278,267 | $0 | $0 |
| 2023 | $4,298 | $263,033 | $0 | $0 |
| 2022 | $4,072 | $247,800 | $75,000 | $172,800 |
| 2021 | $3,856 | $233,300 | $0 | $0 |
| 2020 | $3,641 | $218,800 | $0 | $0 |
| 2019 | $2,926 | $204,300 | $100,000 | $104,300 |
| 2018 | $3,399 | $203,100 | $0 | $0 |
| 2017 | $3,372 | $201,900 | $0 | $0 |
| 2016 | -- | $200,700 | $0 | $0 |
| 2015 | $3,264 | $194,633 | $0 | $0 |
| 2014 | $3,264 | $188,567 | $0 | $0 |
Source: Public Records
Map
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