7042 Palamar Terrace Lanham, MD 20706
Estimated Value: $324,454 - $402,000
--
Bed
3
Baths
1,212
Sq Ft
$296/Sq Ft
Est. Value
About This Home
This home is located at 7042 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $358,364, approximately $295 per square foot. 7042 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
May 27, 2010
Sold by
Citimortgage Inc
Bought by
Osa-Edokpolor Donald and Osa-Edokpolor Olaitan
Current Estimated Value
Purchase Details
Closed on
Apr 3, 2009
Sold by
Dickerson Cordelia L Etal
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Jun 27, 2007
Sold by
Khan Tahira N
Bought by
Dickerson Cordelia L Etal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 21, 2007
Sold by
Khan Tahira N
Bought by
Dickerson Cordelia L Etal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 2007
Sold by
Khan Hamayun A
Bought by
Khan Tahira N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 5, 2006
Sold by
Khan Hamayun A
Bought by
Khan Tahira N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osa-Edokpolor Donald | $135,000 | -- | |
| Citimortgage Inc | -- | -- | |
| Federal Home Loan Mortgage Corp | $286,989 | -- | |
| Dickerson Cordelia L Etal | $340,000 | -- | |
| Dickerson Cordelia L Etal | $340,000 | -- | |
| Khan Tahira N | $334,000 | -- | |
| Khan Tahira N | $334,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dickerson Cordelia L Etal | $340,000 | |
| Previous Owner | Dickerson Cordelia L Etal | $340,000 | |
| Previous Owner | Khan Tahira N | $267,200 | |
| Previous Owner | Khan Tahira N | $267,200 |
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 | $4,760 | $310,500 | $75,000 | $235,500 |
| 2024 | $4,760 | $294,067 | $0 | $0 |
| 2023 | $4,515 | $277,633 | $0 | $0 |
| 2022 | $4,271 | $261,200 | $75,000 | $186,200 |
| 2021 | $4,058 | $246,900 | $0 | $0 |
| 2020 | $3,846 | $232,600 | $0 | $0 |
| 2019 | $3,633 | $218,300 | $100,000 | $118,300 |
| 2018 | $3,555 | $213,033 | $0 | $0 |
| 2017 | $3,477 | $207,767 | $0 | $0 |
| 2016 | -- | $202,500 | $0 | $0 |
| 2015 | $3,274 | $196,067 | $0 | $0 |
| 2014 | $3,274 | $189,633 | $0 | $0 |
Source: Public Records
Map
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