7041 Palamar Terrace Lanham, MD 20706
Estimated Value: $339,304 - $390,000
Studio
3
Baths
1,214
Sq Ft
$303/Sq Ft
Est. Value
About This Home
This home is located at 7041 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $367,826, approximately $302 per square foot. 7041 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
Aug 22, 2006
Sold by
Gleason Amy M
Bought by
Williamson Lesli
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
$66,000
Outstanding Balance
$39,291
Interest Rate
6.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$328,535
Purchase Details
Closed on
Jul 20, 2006
Sold by
Gleason Amy M
Bought by
Williamson Lesli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Outstanding Balance
$39,291
Interest Rate
6.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$328,535
Purchase Details
Closed on
Nov 10, 2003
Sold by
Hoskins Margaret A
Bought by
Gleason Amy M and Gleason Andrew M
Purchase Details
Closed on
Oct 4, 1989
Sold by
Blaine William W
Bought by
Hoskins Margaret A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williamson Lesli | $330,000 | -- | |
| Williamson Lesli | $330,000 | -- | |
| Gleason Amy M | $177,500 | -- | |
| Hoskins Margaret A | $122,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williamson Lesli | $66,000 | |
| Open | Williamson Lesli | $264,000 | |
| Closed | Williamson Lesli | $66,000 | |
| Closed | Williamson Lesli | $264,000 |
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 | $4,143 | $305,300 | $75,000 | $230,300 |
| 2024 | $4,143 | $289,200 | -- | -- |
| 2023 | $3,995 | $273,100 | $0 | $0 |
| 2022 | $3,808 | $257,000 | $75,000 | $182,000 |
| 2021 | $3,638 | $243,233 | $0 | $0 |
| 2020 | $3,551 | $229,467 | $0 | $0 |
| 2019 | $3,089 | $215,700 | $100,000 | $115,700 |
| 2018 | $3,328 | $210,533 | $0 | $0 |
| 2017 | $3,253 | $205,367 | $0 | $0 |
| 2016 | -- | $200,200 | $0 | $0 |
| 2015 | $3,252 | $194,033 | $0 | $0 |
| 2014 | $3,252 | $187,867 | $0 | $0 |
Source: Public Records
Map
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