NOT LISTED FOR SALE

7054 Palamar Turn Lanham, MD 20706

Estimated Value: $331,000 - $381,000

3 Beds
3.5 Baths
1,812 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $365,000 $201 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,364/month

5 Days on Market

About This Home

As of July 2023

Nestled in the heart of Lanham, Maryland, this stunning and spacious home at 7054 PALAMAR TURN is an absolute must-see for those seeking everything Lanham has to offer. Upon entering the home, you'll be greeted by an inviting foyer that leads into the expansive living area. The openness of the main level allows for a seamless flow between the living room, dining area, and kitchen, making it perfect for both relaxing and entertaining guests. The beautiful luxury vinyl floors, recessed lighting, and large windows provide a warm and welcoming atmosphere, while the cozy deck adds an extra touch of comfort and entertaining space. The kitchen has been completely remodeled, boasting top-of-the-line stainless steel appliances, ample counter space, and extra counter space. Upstairs, you will find the spacious primary suite, complete with 2 fully renovated bathrooms and 2 spacious bedrooms. The finished basement is a true gem, offering even more space to entertain or relax. Whether you're hosting a movie night, a game night, or simply need a place to unwind. The basement also includes a full-bathroom. This home is convenient located minutes from major highways, including the Capital Beltway and Route 50, commuting to Washington, D.C. is a breeze. The home is also located just a short drive from a variety of shops, restaurants, and entertainment options, including Woodmore Town Center and Bowie Town Center. Don't miss your chance to make it yours!

Last Agent to Sell the Property

Teairra Jones

(301) 461-7527 Teairrajones88@gmail.com Samson Properties License #0225258395 Listed on: 06/14/2023

Samson Properties

Last Buyer's Agent

Danny DeAngelo

(301) 526-9943 deangelod@msn.com Berkshire Hathaway HomeServices PenFed Realty License #37203

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,184

Year Built

  • Built in 1982

Lot Details

  • 1,550 Sq Ft Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Woodstream Village Plat O Subdivision

Listing and Financial Details

  • Tax Lot 226
  • Assessor Parcel Number 17141572643

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,184

Year Built

Built in 1982

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-15
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1812
  • Living Area Sq Ft: 1812
  • Price Per Sq Ft: 292.90
  • Above Grade Finished Sq Ft: 1212
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 80.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Zoning: RSFA
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4184.00
  • Assessor Parcel Number: 17141572643
  • Tax Lot: 226
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jul 26, 2023
Sold by
Quarshie Jessica
Bought by
Egyir Oppong Vida Ekua
Seller's Agent
Teairra Jones
Samson Properties
Buyer's Agent
Danny DeAngelo
Berkshire Hathaway HomeServices PenFed Realty
List Price
$355,000
Sold Price
$365,000
Premium/Discount to List
$10,000
2.82%
Views
193
Current Estimated Value
$360,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,958
Avg. Annual Appreciation
-0.57%
Original Mortgage
$358,388
Outstanding Balance
$350,105
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$9,937

Purchase Details

Listed on
Nov 12, 2017
Closed on
Jan 8, 2018
Sold by
7054 Palamar Turn Llc
Bought by
Blow Jessica
Seller's Agent
Patrick Joy
Bennett Realty Solutions
Buyer's Agent
Alisha Waters
Exit Flagship Realty
List Price
$254,900
Sold Price
$257,000
Premium/Discount to List
$2,100
0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$257,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Listed on
Nov 16, 2016
Closed on
Sep 22, 2017
Sold by
Fortune Shaina
Bought by
7054 Palamar Turn Llc
Seller's Agent
Al Harper
Bennett Realty Solutions
Buyer's Agent
Damien Dupree
The Realty Shoppe LLC
List Price
$100,000
Sold Price
$126,500
Premium/Discount to List
$26,500
26.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
962.04%
Original Mortgage
$178,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2012
Closed on
Dec 14, 2012
Sold by
Bruce Sonja M
Bought by
Fortune Shina K
Seller's Agent
Mark McNeill
Long & Foster Real Estate, Inc.
Buyer's Agent
Anthony Law
Trademark Realty, Inc
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.35%
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $365,000 +2.8% $201 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $355,000 +38.1% $196 / Sq Ft
01/08/2018 01/08/18 Sold $257,000 0.0% $142 / Sq Ft View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
11/14/2017 11/14/17 Off Market $257,000 -- --
11/12/2017 11/12/17 For Sale $254,900 +101.5% $141 / Sq Ft
09/22/2017 09/22/17 Sold $126,500 +26.5% $70 / Sq Ft View Prior Sale
11/27/2016 11/27/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $100,000 -20.9% $55 / Sq Ft
11/17/2016 11/17/16 Off Market $126,500 -- --
11/16/2016 11/16/16 For Sale $100,000 -25.9% $55 / Sq Ft
12/17/2012 12/17/12 Sold $135,000 0.0% $75 / Sq Ft View Prior Sale
09/05/2012 09/05/12 Pending -- -- --
09/01/2012 09/01/12 For Sale $135,000 -- $75 / 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 $4,660 $303,300 $75,000 $228,300
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

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG2081456

Bright MLS

APN: 14-1572643