7057 Palamar Terrace Lanham, MD 20706
Estimated Value: $314,000 - $368,000
3
Beds
4
Baths
1,200
Sq Ft
$285/Sq Ft
Est. Value
About This Home
This home is located at 7057 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $341,589, approximately $284 per square foot. 7057 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
Nov 12, 2008
Sold by
Sn Commercial Llc
Bought by
Browne Beatrice B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Outstanding Balance
$121,210
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,379
Purchase Details
Closed on
Nov 1, 2007
Sold by
Sn Commercial Llc
Bought by
Browne Beatrice B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 30, 2007
Sold by
Silla Adama C
Bought by
Peoples Choice Home Loan Inc
Purchase Details
Closed on
Sep 6, 2006
Sold by
Acolatse Delasi K
Bought by
Silla Adama C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 2006
Sold by
Acolatse Delasi K
Bought by
Silla Adama C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2005
Sold by
Conteh Fatu
Bought by
Acolatse Delasi K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2005
Sold by
Conteh Fatu
Bought by
Acolatse Delasi K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2005
Sold by
Kamara Adama C
Bought by
Conteh Fatu
Purchase Details
Closed on
Aug 31, 2001
Sold by
Sojdehei Jahangir
Bought by
Kamara Adama C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Browne Beatrice B | $196,000 | -- | |
| Sn Commercial Llc | -- | -- | |
| Browne Beatrice B | $196,000 | -- | |
| Sn Commercial Llc | -- | -- | |
| Peoples Choice Home Loan Inc | $277,340 | -- | |
| Silla Adama C | $330,000 | -- | |
| Silla Adama C | $330,000 | -- | |
| Acolatse Delasi K | $286,000 | -- | |
| Acolatse Delasi K | $286,000 | -- | |
| Conteh Fatu | $220,000 | -- | |
| Kamara Adama C | $140,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sn Commercial Llc | $186,200 | |
| Closed | Browne Beatrice B | $186,200 | |
| Previous Owner | Sn Commercial Llc | $186,200 | |
| Previous Owner | Silla Adama C | $264,000 | |
| Previous Owner | Conteh Fatu | $66,000 | |
| Previous Owner | Silla Adama C | $66,000 | |
| Previous Owner | Acolatse Delasi K | $228,800 | |
| Previous Owner | Conteh Fatu | $57,200 |
Source: Public Records
Tax History Compared to Growth
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 | $4,020 | $297,800 | $75,000 | $222,800 |
| 2024 | $4,020 | $282,267 | $0 | $0 |
| 2023 | $4,029 | $266,733 | $0 | $0 |
| 2022 | $3,842 | $251,200 | $75,000 | $176,200 |
| 2021 | $3,663 | $236,233 | $0 | $0 |
| 2020 | $3,569 | $221,267 | $0 | $0 |
| 2019 | $3,455 | $206,300 | $100,000 | $106,300 |
| 2018 | $3,437 | $205,067 | $0 | $0 |
| 2017 | $3,418 | $203,833 | $0 | $0 |
| 2016 | -- | $202,600 | $0 | $0 |
| 2015 | $3,290 | $196,500 | $0 | $0 |
| 2014 | $3,290 | $190,400 | $0 | $0 |
Source: Public Records
Map
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