NOT LISTED FOR SALE

7057 Palamar Turn Lanham, MD 20706

Estimated Value: $342,035 - $388,000

3 Beds
2.5 Baths
-- Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: January 18, 2013

Last sale price $173,000

Est. 112% increase in value since last sale

Current estimated payment $2,385 / mo

113 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • En-Suite Bathroom
  • Eat-In Kitchen
  • Dining Area

About This Home

As of January 2013

This is approved FHA Short-Sale at $ 169,900 with quick turn-around. AS-IS ADDENDUM required. Short Sale is being handled by CDPE (Certified Distressed Property Expert). Seller requests buyer to use Maryland First Title for title and settlement.

Last Agent to Sell the Property

Brian Smith

(410) 266-9005 alicia.jenkins@c21nm.com CENTURY 21 New Millennium License #MRIS:125157 Listed on: 06/12/2012

CENTURY 21 New Millennium

Last Buyer's Agent

William Ibarra

(800) 518-9288 wrealtyservices@aol.com W Realty Services, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1982

Lot Details

  • 1,550 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Woodstream Village Subdivision

Listing and Financial Details

  • Tax Lot 238
  • Assessor Parcel Number 17141572767
  • $305 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,288

Year Built

Built in 1982

Lot Details

1,550 Sq Ft Lot

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1982
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Kitchen - Table Space, Primary Bath(s)
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 20.94
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.08
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 1550
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3288.26
  • Assessor Parcel Number: 17141572767
  • Tax Lot: 238
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Front Foot Fee: 305.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Jan 18, 2013
Sold by
Williams Nicole Annette
Bought by
Mari Antonio and Ruiz Odaris M
Seller's Agent
Brian Smith
CENTURY 21 New Millennium
Buyer's Agent
William Ibarra
W Realty Services, LLC
List Price
$170,000
Sold Price
$173,000
Premium/Discount to List
$3,000
1.76%
Current Estimated Value
$366,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,009
Avg. Annual Appreciation
5.81%
Original Mortgage
$169,866
Outstanding Balance
$117,721
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$248,288

Purchase Details

Closed on
Aug 10, 2006
Sold by
Haynes Lawrence G
Bought by
Williams Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,530
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2006
Sold by
Haynes Lawrence G
Bought by
Williams Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,530
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
Malik Silas K
Bought by
Haynes Lawrence G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Malik Silas K
Bought by
Haynes Lawrence G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1994
Sold by
Myers Lawrence J
Bought by
Malik Silas K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,350
Interest Rate
8.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mari Antonio $173,000 Church Circle Title & Escrow
Williams Nicole A $315,000 --
Williams Nicole A $315,000 --
Haynes Lawrence G $190,000 --
Haynes Lawrence G $190,000 --
Malik Silas K $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mari Antonio $169,866
Previous Owner Malik Silas K $312,530
Previous Owner Williams Nicole A $312,530
Previous Owner Williams Nicole A $10,000
Previous Owner Malik Silas K $210,000
Previous Owner Haynes Lawrence G $210,000
Previous Owner Malik Silas K $118,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $173,000 +1.8% --
10/03/2012 10/03/12 Pending -- -- --
09/14/2012 09/14/12 Price Changed $169,900 -2.9% --
08/08/2012 08/08/12 Price Changed $174,900 -2.8% --
06/19/2012 06/19/12 Price Changed $180,000 +5.9% --
06/18/2012 06/18/12 For Sale $170,000 -1.7% --
06/16/2012 06/16/12 Off Market $173,000 -- --
06/15/2012 06/15/12 For Sale $170,000 -1.7% --
06/13/2012 06/13/12 Off Market $173,000 -- --
06/12/2012 06/12/12 For Sale $170,000 -- --
Source: Bright MLS

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 $4,143 $298,200 $75,000 $223,200
2024 $4,143 $282,600 -- --
2023 $3,997 $267,000 $0 $0
2022 $3,811 $251,400 $75,000 $176,400
2021 $3,633 $236,400 $0 $0
2020 $3,540 $221,400 $0 $0
2019 $2,956 $206,400 $100,000 $106,400
2018 $3,339 $205,200 $0 $0
2017 $3,291 $204,000 $0 $0
2016 -- $202,800 $0 $0
2015 $3,288 $196,600 $0 $0
2014 $3,288 $190,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brian Smith

    Century 21 New Millennium

    Section Image
  • William Ibarra

    Buyer's Agent in 2013

    William Ibarra

    W Realty Services, LLC

    (301) 675-9575

    99 Total Sales

    William Ibarra
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004029616

Bright MLS

APN: 14-1572767

Maryland Prince George's County Lanham 20706

7057 Palamar Turn, Lanham, MD

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