NOT LISTED FOR SALE

7029 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $342,000 - $393,000

-- Bed
3 Baths
1,214 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 7029 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $368,036, approximately $303 per square foot. 7029 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
Dec 3, 2020
Sold by
Miller Ian Richard
Bought by
Miller Ian Richard and Ian Miller Living Trust
Current Estimated Value
$365,291

Purchase Details

Closed on
May 12, 2005
Sold by
Mansfield Margaret R Etal
Bought by
Otieno Rosalyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2005
Sold by
Mansfield Margaret R Etal
Bought by
Otieno Rosalyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,157
Interest Rate
5.67%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1997
Sold by
Salvatore Peter C
Bought by
Mansfield Margaret R Etal

Purchase Details

Closed on
Sep 2, 1988
Sold by
Hobbs Ira L
Bought by
Salvatore Peter C
Source: Public Records

Range of Values:

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.

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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.

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First American

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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.

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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
Miller Ian Richard -- None Available
Otieno Rosalyn $235,000 --
Otieno Rosalyn $235,000 --
Mansfield Margaret R Etal $121,000 --
Salvatore Peter C $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otieno Rosalyn $215,505
Closed Otieno Rosalyn $32,000
Closed Otieno Rosalyn $236,000
Closed Otieno Rosalyn $233,157
Previous Owner Otieno Rosalyn $233,157
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
2024 $4,641 $293,867 $0 $0
2023 $4,478 $277,433 $0 $0
2022 $4,268 $261,000 $75,000 $186,000
2021 $4,052 $246,467 $0 $0
2020 $7,672 $231,933 $0 $0
2019 $3,113 $217,400 $100,000 $117,400
2018 $3,511 $212,500 $0 $0
2017 $3,208 $207,600 $0 $0
2016 -- $202,700 $0 $0
2015 $3,110 $196,200 $0 $0
2014 $3,110 $189,700 $0 $0
Source: Public Records

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