7026 Palamar Terrace Lanham, MD 20706
Estimated Value: $341,042 - $386,000
3
Beds
4
Baths
1,214
Sq Ft
$304/Sq Ft
Est. Value
About This Home
This home is located at 7026 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $368,511, approximately $303 per square foot. 7026 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
Jan 7, 2010
Sold by
Wooten Rodney
Bought by
Prosper Lauraline T
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
$222,888
Interest Rate
5.02%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 29, 2008
Sold by
Olarinwa Israel and Olarinwa Adenike A
Bought by
Mlmi Trust Series 2006 Wmc1
Purchase Details
Closed on
Apr 1, 2008
Sold by
Olarinwa Israel and Olarinwa Adenike A
Bought by
Mlmi Trust Series 2006 Wmc1
Purchase Details
Closed on
Apr 1, 2005
Sold by
Robinson Mia S
Bought by
Israe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,236
Interest Rate
5.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 3, 1999
Sold by
Kim Yung Rok
Bought by
Robinson Mia S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prosper Lauraline T | $227,000 | -- | |
| Mlmi Trust Series 2006 Wmc1 | $180,955 | -- | |
| Mlmi Trust Series 2006 Wmc1 | $180,955 | -- | |
| Israe | $225,000 | -- | |
| Robinson Mia S | $118,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Prosper Lauraline T | $222,888 | |
| Previous Owner | Israe | $223,236 |
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 | $4,111 | $297,000 | $75,000 | $222,000 |
| 2024 | $4,111 | $280,267 | $0 | $0 |
| 2023 | $3,960 | $263,533 | $0 | $0 |
| 2022 | $3,769 | $246,800 | $75,000 | $171,800 |
| 2021 | $3,596 | $232,433 | $0 | $0 |
| 2020 | $3,505 | $218,067 | $0 | $0 |
| 2019 | $3,395 | $203,700 | $100,000 | $103,700 |
| 2018 | $3,331 | $202,533 | $0 | $0 |
| 2017 | $3,287 | $201,367 | $0 | $0 |
| 2016 | -- | $200,200 | $0 | $0 |
| 2015 | $3,265 | $194,333 | $0 | $0 |
| 2014 | $3,265 | $188,467 | $0 | $0 |
Source: Public Records
Map
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