7071 Palamar Terrace Lanham, MD 20706
Estimated Value: $357,029 - $384,000
Studio
2
Baths
1,212
Sq Ft
$307/Sq Ft
Est. Value
About This Home
This home is located at 7071 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $371,507, approximately $306 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
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
$122,626
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 | -- | -- |
| 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
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