7031 Storch Ln Lanham, MD 20706
Estimated Value: $385,559 - $421,000
--
Bed
3
Baths
1,648
Sq Ft
$247/Sq Ft
Est. Value
About This Home
This home is located at 7031 Storch Ln, Lanham, MD 20706 and is currently estimated at $406,640, approximately $246 per square foot. 7031 Storch Ln is a home located in Prince George's County with nearby schools including Catherine T. Reed Elementary School, Thomas Johnson Middle School, and Duval High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2007
Sold by
Parness Leonard
Bought by
Alemanji Folefac
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
$359,522
Outstanding Balance
$226,690
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,950
Purchase Details
Closed on
Sep 28, 2007
Sold by
Parness Leonard
Bought by
Alemanji Folefac
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,522
Outstanding Balance
$226,690
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,950
Purchase Details
Closed on
Feb 5, 1988
Sold by
Shields Norman R
Bought by
Parness Leonard and Parness Elizabeth J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alemanji Folefac | $359,522 | -- | |
| Alemanji Folefac | $359,522 | -- | |
| Parness Leonard | $41,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alemanji Folefac | $359,522 | |
| Closed | Alemanji Folefac | $359,522 |
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 | $5,040 | $334,100 | $75,000 | $259,100 |
| 2024 | $5,040 | $312,867 | $0 | $0 |
| 2023 | $4,723 | $291,633 | $0 | $0 |
| 2022 | $4,408 | $270,400 | $75,000 | $195,400 |
| 2021 | $4,288 | $262,333 | $0 | $0 |
| 2020 | $4,168 | $254,267 | $0 | $0 |
| 2019 | $4,048 | $246,200 | $100,000 | $146,200 |
| 2018 | $3,786 | $228,567 | $0 | $0 |
| 2017 | $3,524 | $210,933 | $0 | $0 |
| 2016 | -- | $193,300 | $0 | $0 |
| 2015 | $3,238 | $193,300 | $0 | $0 |
| 2014 | $3,238 | $193,300 | $0 | $0 |
Source: Public Records
Map
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