NOT LISTED FOR SALE

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
$341,589

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
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

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 $4,020 $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

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