7029 Palamar Terrace Lanham, MD 20706
Estimated Value: $347,975 - $388,000
Studio
3
Baths
1,214
Sq Ft
$306/Sq Ft
Est. Value
About This Home
This home is located at 7029 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $371,744, approximately $306 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
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
$233,157
Outstanding Balance
$119,458
Interest Rate
5.67%
Mortgage Type
FHA
Estimated Equity
$252,286
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
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Home Values in the Area
Average Home Value in this Area
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 | $233,157 | |
| Previous Owner | Otieno Rosalyn | $233,157 |
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 | $4,641 | $310,300 | $75,000 | $235,300 |
| 2024 | $4,641 | $293,867 | -- | -- |
| 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
Map
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