NOT LISTED FOR SALE

7050 Palamar Turn Lanham, MD 20706

Estimated Value: $360,573 - $387,000

3 Beds
2.5 Baths
1,212 Sq Ft
$306/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $280,000 $231 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,377/month

72 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Built-In Features
  • Colonial Architecture
  • Upgraded Countertops
  • Cooling Available

About This Home

As of November 2018

Contract fell through. Conv. /VA financing only. Quality renovation on this beautiful end unit town home: All new windows, recess lights, crown moldings and hardwood floors; New kitchen with high end appliances and granite counter tops; New Roof and gutters; Fully finished basement with access to a nice yard with new fences; New hot water heater and HVAC system. Close to everything. Welcome home!

Last Agent to Sell the Property

Derek Eisenberg

(877) 996-5728 PropertyInquiry@ContinentalRealEstate.com Continental Real Estate Group License #611425 Listed on: 08/08/2018

Last Buyer's Agent

Monica Fuentes

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC License #611246

Smart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1981

Lot Details

  • 2,212 Sq Ft Lot
  • 1 Common Wall
  • Property is Fully Fenced
  • Property is in very good condition

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,212 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Rear Basement Entry
  • Sump Pump

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Woodstream Village Plat Subdivision

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 17141572619

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,410

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1981
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, Built-Ins, Upgraded Countertops, Primary Bath(s), Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1212
  • Living Area Sq Ft: 1212
  • Price Per Sq Ft: 235.15
  • Above Grade Finished Sq Ft: 1212
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shingle Siding, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • 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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 113400.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2212
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2212.00
  • Property Condition: Very Good
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14586726
  • Tax Annual Amount: 3410.00
  • Assessor Parcel Number: 17141572619
  • Tax Lot: 223
  • Tax Page Number: 193
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Nov 27, 2018
Sold by
Value Plus Realty Llc
Bought by
Gomez Garcia Johnny Josue and Parada De Gomez Ana Ahymee Parada
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
Monica Fuentes
Smart Realty, LLC
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$376,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,749
Avg. Annual Appreciation
4.00%
Original Mortgage
$271,600
Outstanding Balance
$238,818
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$132,075

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 5, 2018
Sold by
Wilmington Trust National Association
Bought by
Value Plus Realty Llc
Seller's Agent
Hanifatu Kamara
Shamms Properties, LLC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$179,000
Sold Price
$158,975
Premium/Discount to List
-$20,025
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.87%

Purchase Details

Closed on
Jun 27, 2017
Sold by
Martinez Carmen Milagro and Martinez Angel E
Bought by
Wilmington Trust Na

Purchase Details

Closed on
Aug 2, 2007
Sold by
James Wesley K
Bought by
Martinez Angel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2007
Sold by
James Wesley K
Bought by
Martinez Angel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1998
Sold by
Mccombs James T
Bought by
James Wesley K

Purchase Details

Closed on
Jan 2, 1987
Sold by
Towson Charles H
Bought by
Mccombs James T
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
Gomez Garcia Johnny Josue $280,000 Realty Title Services Inc
Value Plus Realty Llc $158,975 Premium Title Services
Wilmington Trust Na $155,730 None Available
Martinez Angel E $280,000 --
Martinez Angel E $280,000 --
James Wesley K $121,000 --
Mccombs James T $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Garcia Johnny Josue $271,600
Closed Gomez Garcia Johnny Josue $8,148
Previous Owner Martinez Angel E $280,000
Previous Owner Martinez Angel E $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2018 11/28/18 Sold $280,000 -1.8% $231 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/12/2018 10/12/18 Price Changed $285,000 0.0% $235 / Sq Ft
10/12/2018 10/12/18 For Sale $285,000 -1.4% $235 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $289,000 +81.8% $238 / Sq Ft
04/24/2018 04/24/18 Sold $158,975 -11.2% -- View Prior Sale
03/07/2018 03/07/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $179,000 -- --
Source: Bright MLS

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 $5,044 $331,200 $75,000 $256,200
2024 $5,044 $313,167 -- --
2023 $4,775 $295,133 $0 $0
2022 $4,507 $277,100 $75,000 $202,100
2021 $4,192 $255,867 $0 $0
2020 $7,752 $234,633 $0 $0
2019 $3,056 $213,400 $100,000 $113,400
2018 $3,485 $208,333 $0 $0
2017 $3,335 $203,267 $0 $0
2016 -- $198,200 $0 $0
2015 $2,085 $192,067 $0 $0
2014 $2,085 $185,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002165246

Bright MLS

APN: 14-1572619