NOT LISTED FOR SALE

7049 Palamar Terrace Lanham, MD 20706

Estimated Value: $318,000 - $356,000

3 Beds
4 Baths
1,210 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $255,000 $211 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,258/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Jogging Path
  • 1 Fireplace
  • Tennis Courts
  • Cooling Available

About This Home

As of July 2017

SUPER END UNIT TOWNHOME IN WOODSTREAM! BACKS TO WOODED AREA! 3BR, 2 F.BATHS, LRG.LIVING ROOM. FULL FIN.BSMT. REC.ROOM W/ F/P. NEAR BUS LINE,METRO, MD BELTWAY.

Last Agent to Sell the Property

Dolores Jones

(301) 934-9985 drjones910@gmail.com Residential Plus Real Estate Services Listed on: 05/30/2017

Last Buyer's Agent

Temitope Akinwumi

(240) 432-5914 findtemi@yahoo.com Samson Properties

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 1980

Lot Details

  • 2,199 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Partially Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Gaywood Elementary School
  • Thomas Johnson Middle School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 173
  • Assessor Parcel Number 17141572106

Community Details

Overview

  • Woodstream Village Plat Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,381

Year Built

Built in 1980

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1
  • Year Built: 1980
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Lower Levels Bathrooms: 4.00

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 90.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: GAYWOOD
  • Middle Or Junior School: THOMAS JOHNSON

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 2199
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2199.00
  • Property Attached Yn: Yes
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14699256
  • Tax Annual Amount: 3380.76
  • Assessor Parcel Number: 17141572106
  • Tax Lot: 173
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2022
Sold by
Wilkins David S
Bought by
Wilkins Danielle N
Current Estimated Value
$339,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Outstanding Balance
$248,292
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$91,515

Purchase Details

Closed on
Jan 25, 2022
Sold by
Washington Kevin B
Bought by
Wilkins David S

Purchase Details

Closed on
Jul 26, 2007
Sold by
Byron Teemul
Bought by
Washington Kevin B Etal and Powell Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2007
Sold by
Byron Teemul
Bought by
Washington Kevin B Etal and Powell Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Mccool Judith C
Bought by
Byron Teemul and Byron Ramdai

Purchase Details

Closed on
Sep 24, 1992
Sold by
Mabry Judith E
Bought by
Mccool Judith C and Mccool Valerie C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilkins Danielle N $275,000 None Listed On Document
Wilkins David S $250,000 Kase & Associates Pc
Washington Kevin B Etal $290,000 --
Washington Kevin B Etal $290,000 --
Byron Teemul $163,500 --
Mccool Judith C $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Danielle N $261,250
Previous Owner Washington Kevin B Etal $80,000
Previous Owner Washington Kevin B Etal $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $255,000 +2.0% $211 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $250,000 -- $207 / 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 $4,553 $296,700 $75,000 $221,700
2024 $4,553 $280,100 $0 $0
2023 $4,305 $263,500 $0 $0
2022 $4,058 $246,900 $75,000 $171,900
2021 $3,586 $232,533 $0 $0
2020 $6,991 $218,167 $0 $0
2019 $2,918 $203,800 $100,000 $103,800
2018 $3,299 $202,567 $0 $0
2017 $3,252 $201,333 $0 $0
2016 -- $200,100 $0 $0
2015 $3,252 $193,967 $0 $0
2014 $3,252 $187,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001099395

Bright MLS

APN: 14-1572809