NOT LISTED FOR SALE

7040 Palamar Terrace Lanham, MD 20706

Estimated Value: $342,923 - $384,000

Studio
3 Baths
1,212 Sq Ft
$300/Sq Ft Est. Value

About This Home

This home is located at 7040 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $363,231, approximately $299 per square foot. 7040 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
Oct 31, 2014
Sold by
Harris Patricia T
Bought by
Harris Patricia T
Current Estimated Value
$363,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Outstanding Balance
$92,695
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$270,536

Purchase Details

Closed on
Jan 14, 1987
Sold by
Massie Steven M
Bought by
Harris Patricia T
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
Harris Patricia T -- None Available
Harris Patricia T $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Patricia T $120,600
Source: Public Records

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 $4,825 $315,200 $75,000 $240,200
2024 $4,825 $298,400 -- --
2023 $3,131 $281,600 $0 $0
2022 $4,324 $264,800 $75,000 $189,800
2021 $3,316 $249,367 $0 $0
2020 $6,448 $233,933 $0 $0
2019 $3,129 $218,500 $100,000 $118,500
2018 $3,013 $213,233 $0 $0
2017 $2,943 $207,967 $0 $0
2016 -- $202,700 $0 $0
2015 $2,880 $196,233 $0 $0
2014 $2,880 $189,767 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7040 Palamar Terrace, Lanham, MD

Not Listed for Sale

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