NOT LISTED FOR SALE

7030 Palamar Terrace Lanham, MD 20706

Estimated Value: $350,000 - $373,000

Studio
3 Baths
1,212 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 7030 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $361,365, approximately $298 per square foot. 7030 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
Jun 28, 2022
Sold by
Shah Mulehand V
Bought by
Martin Michael K and Williams-Martin Kim M
Current Estimated Value
$361,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Outstanding Balance
$302,337
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$59,028

Purchase Details

Closed on
Dec 31, 1991
Sold by
Suresh
Bought by
Shah Mulchand and Shah Ratan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Martin Michael K $335,000 New Title Company Name
Shah Mulchand $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Michael K $318,250
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 $4,850 $317,000 $75,000 $242,000
2024 $4,850 $300,100 -- --
2023 $4,598 $283,200 $0 $0
2022 $3,511 $266,300 $75,000 $191,300
2021 $3,351 $251,400 $0 $0
2020 $6,523 $236,500 $0 $0
2019 $3,173 $221,600 $100,000 $121,600
2018 $3,212 $216,167 $0 $0
2017 $2,979 $210,733 $0 $0
2016 -- $205,300 $0 $0
2015 $2,911 $198,733 $0 $0
2014 $2,911 $192,167 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7030 Palamar Terrace, Lanham, MD

Not Listed for Sale

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