NOT LISTED FOR SALE

7051 Palamar Terrace Lanham, MD 20706

Estimated Value: $324,000 - $372,000

-- Bed
2 Baths
1,214 Sq Ft
$294/Sq Ft Est. Value

About This Home

This home is located at 7051 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $356,600, approximately $293 per square foot. 7051 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
Jun 21, 2022
Sold by
Layla Aly
Bought by
Tola Amare
Current Estimated Value
$356,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Outstanding Balance
$311,390
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$45,210

Purchase Details

Closed on
Oct 22, 2021
Sold by
Spellman Reed and Estate Of Alice Biebel
Bought by
Aly Layla

Purchase Details

Closed on
Jun 18, 1981
Sold by
Artery
Bought by
Biebel Alice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Tola Amare $350,000 Wfg National Title
Aly Layla $217,111 Sheridan Title Inc
Biebel Alice $72,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tola Amare $327,750
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
2025 $4,958 $335,900 $75,000 $260,900
2024 $4,958 $307,400 $0 $0
2023 $4,534 $278,900 $0 $0
2022 $4,110 $250,400 $75,000 $175,400
2021 $3,245 $235,567 $0 $0
2020 $3,156 $220,733 $0 $0
2019 $2,948 $205,900 $100,000 $105,900
2018 $3,041 $204,633 $0 $0
2017 $2,937 $203,367 $0 $0
2016 -- $202,100 $0 $0
2015 $2,882 $196,167 $0 $0
2014 $2,882 $190,233 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7051 Palamar Terrace, Lanham, MD

Not Listed for Sale

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