NOT LISTED FOR SALE

7071 Palamar Terrace Lanham, MD 20706

Estimated Value: $365,000 - $398,000

-- Bed
2 Baths
1,212 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 7071 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $375,575, approximately $309 per square foot. 7071 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
Jul 14, 2020
Sold by
Davidson Judith
Bought by
Maxwell Cheryl D
Current Estimated Value
$375,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,300
Outstanding Balance
$248,881
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$126,694

Purchase Details

Closed on
Jul 29, 2005
Sold by
Gillespie Angela J
Bought by
Davidson Judith

Purchase Details

Closed on
Jun 14, 2005
Sold by
Gillespie Angela J
Bought by
Davidson Judith

Purchase Details

Closed on
Oct 29, 1996
Sold by
Newton Michael A
Bought by
Gillespie Angela J

Purchase Details

Closed on
Jul 27, 1982
Sold by
Artery
Bought by
Newton Michael A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maxwell Cheryl D $290,000 Omni Land Settlement Corp
Davidson Judith $285,000 --
Davidson Judith $285,000 --
Gillespie Angela J $123,280 --
Newton Michael A $78,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxwell Cheryl D $281,300
Closed Maxwell Cheryl D $8,439
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 $4,319 $300,000 $75,000 $225,000
2024 $4,319 $279,867 $0 $0
2023 $4,146 $259,733 $0 $0
2022 $3,929 $239,600 $75,000 $164,600
2021 $3,751 $226,200 $0 $0
2020 $3,552 $212,800 $0 $0
2019 $2,855 $199,400 $100,000 $99,400
2018 $3,327 $198,233 $0 $0
2017 $3,301 $197,067 $0 $0
2016 -- $195,900 $0 $0
2015 $3,194 $189,800 $0 $0
2014 $3,194 $183,700 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7071 Palamar Terrace, Lanham, MD

This home is located at 7071 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $375,575, approximately $309 per square foot. 7071 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes