NOT LISTED FOR SALE

7054 Palamar Terrace Lanham, MD 20706

Estimated Value: $334,000 - $384,000

Studio
3 Baths
1,212 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 7054 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $367,956, approximately $303 per square foot. 7054 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
Jul 26, 2023
Sold by
Quarshie Jessica
Bought by
Egyir Oppong Vida Ekua
Current Estimated Value
$367,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Outstanding Balance
$350,105
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$17,851

Purchase Details

Closed on
Jan 8, 2018
Sold by
7054 Palamar Turn Llc
Bought by
Blow Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Sep 22, 2017
Sold by
Fortune Shaina
Bought by
7054 Palamar Turn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2012
Sold by
Bruce Sonja M
Bought by
Fortune Shina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 1994
Sold by
Vondas Leo A
Bought by
Bruce Sonja M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,124
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1987
Sold by
Administrator Of
Bought by
Vondas Leo A and Vondas Anastasios G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Egyir Oppong Vida Ekua $365,000 Capitol Title
Egyir Oppong Vida Ekua $365,000 Capitol Title
Blow Jessica $257,000 Optimum Title Llc
7054 Palamar Turn Llc $126,500 Optimiun Tile Llc
Fortune Shina K $135,000 Multiple
Bruce Sonja M $113,000 --
Vondas Leo A $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egyir Oppong Vida Ekua $358,388
Closed Egyir Oppong Vida Ekua $358,388
Previous Owner Blow Jessica $257,000
Previous Owner 7054 Palamar Turn Llc $178,000
Previous Owner Fortune Shina K $5,000
Previous Owner Fortune Shina K $132,554
Previous Owner Bruce Sonja M $114,124
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 $4,660 $303,300 $75,000 $228,300
2024 $4,660 $287,333 -- --
2023 $4,422 $271,367 $0 $0
2022 $4,185 $255,400 $75,000 $180,400
2021 $3,937 $238,733 $0 $0
2020 $3,689 $222,067 $0 $0
2019 $3,442 $205,400 $100,000 $105,400
2018 $3,423 $204,167 $0 $0
2017 $3,405 $202,933 $0 $0
2016 -- $201,700 $0 $0
2015 $3,258 $195,167 $0 $0
2014 $3,258 $188,633 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7054 Palamar Terrace, Lanham, MD

Not Listed for Sale

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.

Nearby Homes