7028 Palamar Terrace Lanham, MD 20706
Estimated Value: $339,864 - $381,000
--
Bed
2
Baths
1,214
Sq Ft
$300/Sq Ft
Est. Value
About This Home
This home is located at 7028 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $364,466, approximately $300 per square foot. 7028 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
Nov 16, 2020
Sold by
Kamga Fleurie
Bought by
Orishagbemi Olayinka 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
$274,928
Outstanding Balance
$243,528
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$120,938
Purchase Details
Closed on
Jan 26, 2007
Sold by
Kapoor Robert
Bought by
Kamga Fleurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
6.83%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 14, 2006
Sold by
Kapoor Robert
Bought by
Kamga Fleurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2004
Sold by
Bryant Barbara L
Bought by
Kapoor Robert
Purchase Details
Closed on
Mar 29, 1995
Sold by
Villella Charles
Bought by
Bryant Barbara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,395
Interest Rate
8.8%
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 |
|---|---|---|---|
| Orishagbemi Olayinka T | $280,000 | Brennan Title Company | |
| Kamga Fleurie | $298,000 | -- | |
| Kamga Fleurie | $298,000 | -- | |
| Kapoor Robert | $219,000 | -- | |
| Bryant Barbara L | $113,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orishagbemi Olayinka T | $274,928 | |
| Previous Owner | Kamga Fleurie | $59,600 | |
| Previous Owner | Bryant Barbara L | $238,400 | |
| Previous Owner | Kamga Fleurie | $238,400 | |
| Previous Owner | Bryant Barbara L | $113,395 |
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 | $4,689 | $307,400 | $75,000 | $232,400 |
| 2024 | $4,689 | $289,233 | $0 | $0 |
| 2023 | $4,418 | $271,067 | $0 | $0 |
| 2022 | $4,148 | $252,900 | $75,000 | $177,900 |
| 2021 | $3,922 | $237,733 | $0 | $0 |
| 2020 | $3,559 | $222,567 | $0 | $0 |
| 2019 | $2,970 | $207,400 | $100,000 | $107,400 |
| 2018 | $3,356 | $206,200 | $0 | $0 |
| 2017 | $3,309 | $205,000 | $0 | $0 |
| 2016 | -- | $203,800 | $0 | $0 |
| 2015 | $3,305 | $197,667 | $0 | $0 |
| 2014 | $3,305 | $191,533 | $0 | $0 |
Source: Public Records
Map
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