NOT LISTED FOR SALE

7054 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $368,000 - $402,000

-- Bed
3 Baths
1,212 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 7054 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $385,958, approximately $318 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
$385,958

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
$352,128
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$22,399

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:

Collateral Analytics

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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.

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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
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
Previous Owner Blow Jessica $253,396
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 $252,000
Previous Owner Bruce Sonja M $109,000
Previous Owner Bruce Sonja M $114,124
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 $4,660 $287,333 $0 $0
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

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