NOT LISTED FOR SALE

7033 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $346,000 - $391,000

4 Beds
2.5 Baths
1,200 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $207,500 $173 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,429/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Breakfast Area or Nook
  • Combination Kitchen and Dining Room
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of May 2012

Beautiful renovation by AMT Homes. Complete renovation w/gourmet kitchen w/SS appliances; granite; breakfast bar; baths w/custom tile and lighting; hardwood floors; deck and more

Last Agent to Sell the Property

Michael Taylor

Cummings & Co. Realtors Listed on: 03/27/2012

Cummings & Co. Realtors

Last Buyer's Agent

Karen Coakley

Cummings & Co. Realtors License #69088

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,308

Year Built

  • Built in 1980

Lot Details

  • 2,186 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Connecting Stairway
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Woodstream Village Subdivision

Listing and Financial Details

  • Tax Lot 181
  • Assessor Parcel Number 17141572189
  • $305 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,308

Year Built

Built in 1980

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1980
  • Remarks Public: Beautiful renovation by AMT Homes. Complete renovation w/gourmet kitchen w/SS appliances; granite; breakfast bar; baths w/custom tile and lighting; hardwood floors; deck and more
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 7033

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 20.94
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 2186
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2186.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3308.29
  • Assessor Parcel Number: 17141572189
  • Tax Lot: 181
  • Tax Total Finished Sq Ft: 1212
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 05/03/2012

Multi Family

  • Front Foot Fee: 305.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2020
Sold by
Davis Tamekia Shanelle
Bought by
Mcdowell Myren and Reece Kimberly
Current Estimated Value
$370,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Outstanding Balance
$259,575
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$114,150

Purchase Details

Closed on
Apr 8, 2013
Sold by
Mahmoud Amjad
Bought by
Davis Tamekia Shanelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2012
Sold by
Smith Gregory I and Smith Gregory I
Bought by
Mahmood Amiad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2006
Sold by
Nwaihesie Charles
Bought by
Smith Gregory I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2006
Sold by
Nwaihesie Charles
Bought by
Smith Gregory I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Khoroushi Fred
Bought by
Nwaihesie Charles and Nwaihesie Juliet
Source: Public Records

Range of Values:

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Average Value
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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
Mcdowell Myren $295,000 Universal Title
Davis Tamekia Shanelle $212,000 Advantage Title Company
Mahmood Amiad $110,555 None Available
Smith Gregory I $315,000 --
Smith Gregory I $315,000 --
Nwaihesie Charles $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdowell Myren $45,000
Open Mcdowell Myren $289,656
Previous Owner Davis Tamekia Shanelle $5,000
Previous Owner Mahmood Amiad $107,000
Previous Owner Smith Gregory $340,367
Previous Owner Smith Gregory I $335,337
Previous Owner Smith Gregory I $330,382
Previous Owner Smith Gregory I $63,000
Previous Owner Smith Gregory I $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2012 05/03/12 Sold $207,500 -3.0% $173 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $214,000 0.0% $178 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $214,000 -- $178 / 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
2024 $4,778 $295,267 $0 $0
2023 $4,531 $278,733 $0 $0
2022 $4,286 $262,200 $75,000 $187,200
2021 $4,042 $245,800 $0 $0
2020 $3,573 $229,400 $0 $0
2019 $3,050 $213,000 $100,000 $113,000
2018 $3,365 $211,700 $0 $0
2017 $3,317 $210,400 $0 $0
2016 -- $209,100 $0 $0
2015 $3,281 $200,633 $0 $0
2014 $3,281 $192,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003913230

Bright MLS

APN: 14-1572882