NOT LISTED FOR SALE

7030 Palamar Terrace Lanham, MD 20706

Estimated Value: $314,000 - $364,000

3 Beds
2.5 Baths
1,214 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 13, 2016

Last sale price $174,000 $143 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,250/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Cooling Available
  • Traditional Floor Plan
  • Bay Window
  • Sliding Doors

About This Home

As of September 2016

This sun-filled town home is located in the well sought-after community of Woodstream Village. Add your charm and charisma to this 3BR/2.5BA home with little effort. In close proximity to B/W Parkway, I-495 and NASA. THIS IS A FANNIE MAE HOMEPATH PROPERTY. First Time Buyers complete the HomePath Ready Buyer homeownership course and request up to 3% closing costs assistance (restrictions apply).

Last Agent to Sell the Property

Sonya Abney

(301) 335-8380 sabney@cpreb.com Cosmopolitan Properties Real Estate Brokerage Listed on: 05/17/2016

Last Buyer's Agent

Chris Brown

(202) 251-2851 renext4ever@gmail.com CattaWood Spring Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,269

Year Built

  • Built in 1980

Lot Details

  • 1,550 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Bay Window
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Rear Basement Entry

Schools

  • Gaywood Elementary School
  • Thomas Johnson Middle School
  • Du Val High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Community Details

  • Woodstream Village Plat Subdivision

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 17141572015

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,269

Year Built

Built in 1980

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1980
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Floor Plan - Traditional
  • Window Features: Bay/Bow
  • Fireplace Features: Equipment
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 1
  • Basement: Yes
  • Basement Type: Rear Entrance, Partial, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 1214
  • Living Area Sq Ft: 1214
  • Price Per Sq Ft: 130.89
  • Above Grade Finished Sq Ft: 1214
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 80.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: GAYWOOD
  • High School: DU VAL
  • Middle Or Junior School: THOMAS JOHNSON

Lot Info

  • Fencing: Rear, Partially
  • Improvement Assessed Value: 99700.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1550
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Property Attached Yn: Yes
  • Zoning: RT

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14586686
  • Tax Annual Amount: 3269.31
  • Assessor Parcel Number: 17141572015
  • Tax Lot: 164
  • Tax Page Number: 192
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Sep 13, 2016
Sold by
Fannie Mae
Bought by
Williams Kayon
Seller's Agent
Sonya Abney
Cosmopolitan Properties Real Estate Brokerage
Buyer's Agent
Chris Brown
CattaWood Spring Realty LLC
List Price
$158,900
Sold Price
$174,000
Premium/Discount to List
$15,100
9.5%
Current Estimated Value
$340,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,926
Avg. Annual Appreciation
7.57%
Original Mortgage
$235,745
Outstanding Balance
$192,366
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$148,560

Purchase Details

Closed on
Jun 25, 2001
Sold by
Dell Mary P O
Bought by
Kanu Andrew S

Purchase Details

Closed on
Mar 31, 1987
Sold by
Smale James R
Bought by
Dell Mary P O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Kayon $174,000 Gemini Title And Escrow Llc
Kanu Andrew S $135,000 --
Dell Mary P O $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kayon $235,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2016 09/13/16 Sold $174,000 +9.5% $143 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $158,900 0.0% $131 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $158,900 -- $131 / Sq Ft
Source: Bright MLS

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
2025 $4,494 $291,200 $75,000 $216,200
2024 $4,494 $276,133 $0 $0
2023 $2,903 $261,067 $0 $0
2022 $4,045 $246,000 $75,000 $171,000
2021 $3,833 $231,733 $0 $0
2020 $3,621 $217,467 $0 $0
2019 $3,409 $203,200 $100,000 $103,200
2018 $3,392 $202,033 $0 $0
2017 $3,374 $200,867 $0 $0
2016 -- $199,700 $0 $0
2015 $2,850 $193,800 $0 $0
2014 $2,850 $187,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sonya Abney

    Seller's Agent in 2016

    Sonya Abney

    Cosmopolitan Properties Real Estate Brokerage

    (301) 335-8380

    40 Total Sales

    Sonya Abney
    Section Image

  • C

    Buyer's Agent in 2016

    Chris Brown

    CattaWood Spring Realty LLC

    (202) 251-2851

    11 Total Sales

    Chris Brown
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001071995

Bright MLS

APN: 14-1572015

Maryland Prince George's County Lanham 20706

7030 Palamar Terrace, Lanham, MD

Not Listed for Sale

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