7063 Palamar Terrace Lanham, MD 20706
Estimated Value: $362,042 - $393,000
--
Bed
3
Baths
1,214
Sq Ft
$311/Sq Ft
Est. Value
About This Home
This home is located at 7063 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $377,761, approximately $311 per square foot. 7063 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
Aug 15, 2025
Sold by
Marchan Marlene and Mcferson Marlene
Bought by
Eze Blessing and Okeke David Chibuise
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
$373,117
Outstanding Balance
$372,795
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$4,966
Purchase Details
Closed on
Jul 15, 2020
Sold by
Harper Sonja
Bought by
Marchan Marlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
3%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 17, 1998
Sold by
Parker Rosiland Y
Bought by
Harper Sonja
Purchase Details
Closed on
Jul 15, 1982
Sold by
Artery
Bought by
Parker Rosiland Y
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 |
---|---|---|---|
Eze Blessing | $380,000 | Counsel Title | |
Marchan Marlene | $290,000 | Commonwealth Land Ttl Ins Co | |
Harper Sonja | $120,500 | -- | |
Parker Rosiland Y | $83,100 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Eze Blessing | $373,117 | |
Previous Owner | Marchan Marlene | $284,747 | |
Previous Owner | Marchan Marlene | $8,542 |
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 | $4,808 | $315,200 | $75,000 | $240,200 |
2024 | $4,808 | $297,300 | $0 | $0 |
2023 | $4,541 | $279,400 | $0 | $0 |
2022 | $4,275 | $261,500 | $75,000 | $186,500 |
2021 | $4,058 | $246,900 | $0 | $0 |
2020 | $3,217 | $232,300 | $0 | $0 |
2019 | $3,117 | $217,700 | $100,000 | $117,700 |
2018 | $3,010 | $212,433 | $0 | $0 |
2017 | $2,940 | $207,167 | $0 | $0 |
2016 | -- | $201,900 | $0 | $0 |
2015 | $2,880 | $195,667 | $0 | $0 |
2014 | $2,880 | $189,433 | $0 | $0 |
Source: Public Records
Map
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