7030 Palamar Terrace Lanham, MD 20706
Estimated Value: $349,196 - $379,000
--
Bed
3
Baths
1,212
Sq Ft
$304/Sq Ft
Est. Value
About This Home
This home is located at 7030 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $368,549, approximately $304 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
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
$66,212
Purchase Details
Closed on
Dec 31, 1991
Sold by
Suresh
Bought by
Shah Mulchand and Shah Ratan M
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Home Values in the Area
Average Home Value in this Area
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 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 | $4,850 | $317,000 | $75,000 | $242,000 |
| 2024 | $4,850 | $300,100 | $0 | $0 |
| 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
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