NOT LISTED FOR SALE

7044 Palamar Turn Lanham, MD 20706

Estimated Value: $337,723 - $404,000

4 Beds
3.5 Baths
1,212 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $245,000 $202 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,444/month

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Dining Area
  • 1 Fireplace
  • Ceiling Fan
  • Walk-Up Access

About This Home

As of October 2017

UPDATED 3 LEVELS TOWN HOMES WITH 4 BEDROOMS 3.5 BATHS, STAINLESS STEEL APPLIANCES, GRANITE COUNTER TOP WITH BACK SPLASH, REAR DECK EASY ACCESS TO HIGHWAY & SHOPPING.

Last Agent to Sell the Property

Victor Ogun

(301) 440-0801 victorrealty@aol.com Eagle Real Estate Services, LLC License #0225185928 Listed on: 09/02/2017

Last Buyer's Agent

Waleola Duyile

(301) 325-1396 Wduyile@Verizon.net CROWN HOMES REALTY LLC License #98358430

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1981

Lot Details

  • 1,550 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Basement

  • Walk-Up Access
  • Rear Basement Entry

Schools

  • Gaywood Elementary School
  • Thomas Johnson Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Woodstream Village Plat Subdivision

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 17141572585

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,384

Year Built

Built in 1981

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1981
  • Remarks Public: UPDATED 3 LEVELS TOWN HOMES WITH 4 BEDROOMS 3.5 BATHS, STAINLESS STEEL APPLIANCES, GRANITE COUNTER TOP WITH BACK SPLASH, REAR DECK EASY ACCESS TO HIGHWAY & SHOPPING.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Walkout Stairs
  • Living Area Units: Square Feet
  • Street Number Modifier: 7044

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • 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: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: GAYWOOD
  • Middle School: THOMAS JOHNSON
  • School District Key: 121137599599
  • Elementary School: GAYWOOD
  • Middle Or Junior School: THOMAS JOHNSON

Lot Info

  • Improvement Assessed Value: 105200.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1550
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14675514
  • Tax Annual Amount: 3383.73
  • Assessor Parcel Number: 17141572585
  • Tax Lot: 220
  • Tax Page Number: 315
  • Tax Total Finished Sq Ft: 1212
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 10/27/2017

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2017
Closed on
Oct 26, 2017
Sold by
First Hand Land Llc
Bought by
Aderemi Tinaude
Seller's Agent
Victor Ogun
Eagle Real Estate Services, LLC
Buyer's Agent
Waleola Duyile
CROWN HOMES REALTY LLC
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$371,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,681
Avg. Annual Appreciation
5.37%
Original Mortgage
$240,562
Outstanding Balance
$200,991
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$170,690

Purchase Details

Closed on
Jul 1, 2011
Sold by
Joseph Mahalia
Bought by
First Hand Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Rath Jane E
Bought by
Joseph Mahalia

Purchase Details

Closed on
Nov 2, 1993
Sold by
Stephens M L
Bought by
Rath Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,029
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
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
Aderemi Tinaude $245,000 Passport Title Services Llc
First Hand Land Llc $128,000 Flynn Title
Joseph Mahalia $145,000 --
Rath Jane E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aderemi Tinaude $240,562
Previous Owner First Hand Land Llc $86,000
Previous Owner Rath Jane E $116,029
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $245,000 -2.0% $202 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $249,900 -- $206 / 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
2025 $4,849 $316,900 $75,000 $241,900
2024 $4,849 $300,033 $0 $0
2023 $4,597 $283,167 $0 $0
2022 $4,347 $266,300 $75,000 $191,300
2021 $4,044 $245,933 $0 $0
2020 $3,741 $225,567 $0 $0
2019 $3,439 $205,200 $100,000 $105,200
2018 $3,420 $203,967 $0 $0
2017 $3,402 $202,733 $0 $0
2016 -- $201,500 $0 $0
2015 $3,275 $195,433 $0 $0
2014 $3,275 $189,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000037627

Bright MLS

APN: 14-1572585