NOT LISTED FOR SALE

7048 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $391,000 - $399,000

-- Bed
2 Baths
1,214 Sq Ft
$325/Sq Ft Est. Value

About This Home

This home is located at 7048 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $394,730, approximately $325 per square foot. 7048 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
Apr 22, 2025
Sold by
Valu Llc
Bought by
Walker-Humphries Kevia Patrice
Current Estimated Value
$394,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,211
Outstanding Balance
$15,211
Interest Rate
6.65%
Estimated Equity
$339,703

Purchase Details

Closed on
Dec 16, 2024
Sold by
Ward Carrie M and Bierman Howard N
Bought by
Valu Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2007
Sold by
T Linda
Bought by
Tucker Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 18, 2006
Sold by
T Linda
Bought by
Tucker Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 3, 1994
Sold by
Mccoy Kevin
Bought by
Banks Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,918
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1982
Sold by
Artery
Bought by
Mccoy Kevin and Mccoy Alma
Source: Public Records

Range of Values:

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
Walker-Humphries Kevia Patrice $392,000 Stewart Title
Walker-Humphries Kevia Patrice $392,000 Stewart Title
Valu Llc $284,000 Village Settlements
Valu Llc $284,000 Village Settlements
Valu Llc $284,000 Village Settlements
Tucker Linda G -- --
Tucker Linda G -- --
Banks Linda T $110,000 --
Mccoy Kevin $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker-Humphries Kevia Patrice $15,211
Closed Walker-Humphries Kevia Patrice $15,211
Open Walker-Humphries Kevia Patrice $380,290
Closed Walker-Humphries Kevia Patrice $380,290
Previous Owner Valu Llc $213,000
Previous Owner Tucker Linda G $216,000
Previous Owner Tucker Linda G $216,000
Previous Owner Tucker Linda G $30,000
Previous Owner Tucker Linda Gayle $173,000
Previous Owner Banks Linda T $109,918
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
2024 $3,976 $263,833 $0 $0
2023 $2,776 $249,667 $0 $0
2022 $3,664 $235,500 $75,000 $160,500
2021 $3,500 $222,633 $0 $0
2020 $3,417 $209,767 $0 $0
2019 $2,820 $196,900 $100,000 $96,900
2018 $3,290 $195,767 $0 $0
2017 $3,265 $194,633 $0 $0
2016 -- $193,500 $0 $0
2015 $2,752 $187,267 $0 $0
2014 $2,752 $181,033 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706 Seabrook

7048 Palamar Terrace, Lanham, MD

This home is located at 7048 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $394,730, approximately $325 per square foot. 7048 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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