7029 Palamar Terrace Lanham, MD 20706
Seabrook NeighborhoodEstimated 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
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
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 |
|---|---|---|---|
| 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
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
Map
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