NOT LISTED FOR SALE

7056 Palamar Terrace Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $380,000 - $391,000

-- Bed
3 Baths
1,200 Sq Ft
$321/Sq Ft Est. Value

About This Home

This home is located at 7056 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $384,766, approximately $320 per square foot. 7056 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
Apr 29, 2022
Sold by
Tchoffo Martin C and Tchoffo Catherine C
Bought by
Deen Hunifee and Macauley Ronalda
Current Estimated Value
$384,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$9,551
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$358,443

Purchase Details

Closed on
May 23, 2018
Sold by
Onah Iniobong
Bought by
Tchoffo Martin and Tse Catherine C Magningham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2014
Sold by
Uwah Cecilia E and Uwah Patrick B
Bought by
Onah Iniobong

Purchase Details

Closed on
Dec 26, 2013
Sold by
Mccarthy Esq Robert M
Bought by
Uwah Cecilia E

Purchase Details

Closed on
Jun 1, 2005
Sold by
Swedenburg Nigel D
Bought by
Swedenburg Nigel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 12, 2003
Sold by
French Winfred
Bought by
Swedenburg Nigel D

Purchase Details

Closed on
May 5, 1999
Sold by
Rosser Heinrich M
Bought by
French Winfred
Source: Public Records

Range of Values:

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
Deen Hunifee $357,000 Capitol Title
Tchoffo Martin $250,000 Title & Escrow Inc
Onah Iniobong -- None Available
Uwah Cecilia E -- None Available
Swedenburg Nigel D -- --
Swedenburg Nigel D $111,985 --
French Winfred $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deen Hunifee $10,000
Previous Owner Deen Hunifee $334,400
Previous Owner Deen Hunifee $10,000
Previous Owner Tchoffo Martin $247,624
Previous Owner Martin Tchoffo $247,671
Previous Owner Tchoffo Martin $246,311
Previous Owner Tchoffo Martin $245,471
Previous Owner Uwah Patrick B $126,704
Previous Owner Swedenburg Nigel D $326,959
Previous Owner Swedenburg Nigel D $232,000
Previous Owner Swedenburg Nigel D $58,000
Previous Owner Swedenburg Nigel D $235,000
Previous Owner Swedenburg Nigel D $30,000
Previous Owner Swedenburg Nigel D $50,500
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 $4,766 $294,433 $0 $0
2023 $3,081 $277,067 $0 $0
2022 $4,249 $259,700 $75,000 $184,700
2021 $3,727 $242,933 $0 $0
2020 $3,624 $226,167 $0 $0
2019 $2,999 $209,400 $100,000 $109,400
2018 $3,473 $208,133 $0 $0
2017 $3,445 $206,867 $0 $0
2016 -- $205,600 $0 $0
2015 $2,948 $199,333 $0 $0
2014 $2,948 $193,067 $0 $0
Source: Public Records

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