For Sale98d on market

7047 Palamar Ter

Lanham, MD, 20706 • 20706 • Prince Georges County

$300,000

$248/sqft

-$10,000 since Mar 6, 2026

Down payment assistance available

2Beds

3Baths

1,212Sqft

0.04 acLot

1980Built

Property DNA

2 highlights

Interior Row/Townhouse Style

Built 1980 · 46 years of history

Woodstream

20706

This home is getting attention

Listed 98 days ago · 561 views · 13 saves

Market activity

Demand and pricing signals for this listing

561 views

People checking out this listing

13 saves

Buyers have saved this home

98 days on market

Established listing

$248/sqft

Price per square foot

About this home

Townhouse · Built 1980

This is a great starter home and ideal for the buyer who is seeking to update or for the first time homebuyers ready to build equity but also perfect for empty nesters looking to downsize. If you are looking for easier access to grocery stores, restaurants, shopping, major highways to get you to work on time or a quick access to public transportation and a direct route into DC, then look no further. This cozy 3 level home offers lots of windows for natural lighting and ample closet space. The main level greets you with a spacious kitchen which leads you to the large living room. A half bath is ideal for your guest. Ascend to the 2nd level and you will find 2 ample bedrooms and 2 full bathrooms. In the walkout basement, there is a laundry room, a family room and and unfinished area, which is great for storage. Nestled in the Woodstream Village community, this neighborhood is calm, walkable, and close to essential amenities. This is a must buy!

Standout features identified

Our analysis highlights laundry room, ample closet space, and family room as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,002/month

Principal & Interest$1,519

Property Tax$300

Insurance$100

HOA$83

Down payment20% ($60,000)

3%50%

Est. 6.51% rate · 30yr fixed · $240,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeTownhouse

Year Built1980

HeatingHeat Pump(s)

CoolingOther

ParkingParking Lot

HOA$83 monthly

Lot1,742 sqft

Days on Zillow98 Days

Price/sqft$248

Property

Home typeTownhouse

Sub-typeTownhouse

StyleInterior Row/Townhouse

Year built1980

Stories3

Systems

HeatingHeat Pump(s)

CoolingOther

RoofAsphalt

ConstructionVinyl Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingParking Lot

BasementDaylight, Full,Full,Partially Finished

Lot1,742 sqft

Location & Tax

Neighborhood20706

Annual tax$4,324

Parcel141572114

Bathrooms & Fees

Full baths2

HOA$83/mo

Features & details

7 categories of property features

Interior Features

Interior

Floor Plan - Traditional

Flooring

Laminated

Carpet

Heating

Heat Pump(s)

Cooling

Other

Exterior Features

Parking

Parking Lot

Construction

Vinyl Siding

Lot Features

Backs to Trees

Listing insights

Market data and value estimates

StatusFor Sale

Days on market98

Est. value$301,600

Est. rent$2,541/mo

Tax rate1.15%

Price/sqft$248

On marketDec 18, 2025

PostedDec 18, 2025

Last sold$112,000

MLS updatedMar 6, 2026

Tour days9

Favorites13

How are the schools in Lanham?

3 schools rated nearby

Gaywood Elementary School

Primary • Public • PK-5

0.7 mi

Thomas Johnson Middle School

Middle • Public • 6-8

1.9 mi

Duval High School

High • Public • 9-12

0.3 mi

Location

Lanham, MD, 20706

Expand map

Price history

4 events

DateEventPrice$/sqftSource

Mar 6, 2026Price Change$300,000$248Long & Foster Broker Feed

Jan 14, 2026Pending Sale$310,000$256Long & Foster Broker Feed

Dec 18, 2025Listed For Sale$310,000$256Long & Foster Broker Feed

Oct 1, 1998Sold$112,000$92Public Record

Price Change$300,000

Mar 6, 2026•$248/sqft•Long & Foster Broker Feed

Pending Sale$310,000

Jan 14, 2026•$256/sqft•Long & Foster Broker Feed

Listed For Sale$310,000

Dec 18, 2025•$256/sqft•Long & Foster Broker Feed

Sold$112,000

Oct 1, 1998•$92/sqft•Public Record

Tax history

25 years of records

YearTax paidAssessed value

Mar 27, 2025$4,025$326,100

Mar 27, 2024$3,431$308,567

Mar 27, 2023$3,236$291,033

Mar 27, 2022$3,041$273,500

Mar 27, 2021$2,866$257,733

Mar 27, 2020$2,691$241,967

Mar 27, 2019$3,278$220,567

Mar 27, 2018$3,278$220,567

Mar 27, 2017$3,194$214,933

Mar 27, 2016$2,939$209,300

Mar 27, 2015$2,939$202,700

Mar 27, 2014$2,939$196,100

Mar 27, 2013—$189,500

Mar 27, 2012—$189,500

Mar 27, 2011—$189,500

Mar 27, 2010—$299,270

Mar 27, 2009—$264,082

Mar 27, 2008—$228,896

Mar 27, 2007—$193,710

Mar 27, 2006—$169,302

Mar 27, 2005—$144,896

Mar 27, 2004—$120,490

Mar 27, 2003—$120,490

Mar 27, 2002—$118,750

Mar 27, 2001—$115,270

Nearby homes

Recently Sold

$290,000

2.5 ba1,212 sqft

7047 Palamar Ter, Lanham, MD

Off Market

$350,400

2 ba1,214 sqft

7045 Palamar Ter, Lanham, MD

Off Market

$332,300

1.5 ba1,200 sqft

7043 Palamar Ter, Lanham, MD

Off Market

$344,100

2 bd3 ba1,212 sqft

7043 Palamar Ter, Lanham, MD

Off Market

$363,400

3 bd4 ba1,800 sqft

7041 Palamar Ter, Lanham, MD

Off Market

$341,400

2 bd3 ba1,214 sqft

7041 Palamar Ter, Lanham, MD

Off Market

$376,100

3 bd4 ba1,212 sqft

7049 Palamar Ter, Lanham, MD

Off Market

$363,600

3 ba1,212 sqft

7049 Palamar Ter, Lanham, MD

Neighborhood details

Local context around this listing

Lanham, MD • Prince Georges County

Nearby cities

BowieChillumClintonCollege ParkDistrict HeightsFort WashingtonHyattsvilleLanham Seabrook

Nearby zip codes

2070320706

Similar homes

For Sale

$395,000

3 bd4 ba1,212 sqft

7028 Palamar Turn, Lanham, MD

For Sale

$299,999

2 bd2 ba1,173 sqft

7308 Cipriano Springs Dr, Lanham, MD

For Sale

$419,000

3 bd4 ba1,628 sqft

10528 Storch Dr, Lanham, MD

For Sale

$400,000

3 bd3 ba1,200 sqft

2819 Mueserbush Ct, Lanham, MD

For Sale

$274,900

3 bd3 ba1,326 sqft

7758 Lakecrest Dr, Greenbelt, MD

For Sale

$264,900

3 bd2 ba1,293 sqft

11408 Laurelwalk Dr #109, Laurel, MD

For Sale

$235,500

2 bd1 ba904 sqft

7748 Lakecrest Dr, Greenbelt, MD

For Sale

$319,900

3 bd2 ba1,386 sqft

8829 Fairhaven Ave, Upper Marlboro, MD

For Sale

$250,000

3 bd3 ba1,292 sqft

1627 Willowwood Ct, Hyattsville, MD

For Sale

$289,000

3 bd2 ba1,232 sqft

8202 Tomlinson Ct, Severn, MD

For Sale

$330,000

3 bd2 ba1,290 sqft

306 Hillside Ter, Landover, MD

For Sale

$325,000

3 bd2 ba1,080 sqft

6101 Hil Mar Dr, District Heights, MD

For Sale

$375,000

2 bd1 ba900 sqft

3034 Shepperton Ter, Silver Spring, MD

For Sale

$250,000

2 bd2 ba1,320 sqft

596 West Court Gln, Glen Burnie, MD

For Sale

$285,000

3 bd3 ba1,220 sqft

2121 N Anvil Ln, Temple Hills, MD

14401 Hampshire Hall Ct Unit G-1001, Upper Marlboro, MD

For Sale

$299,000

2 bd2 ba1,270 sqft

14401 Hampshire Hall Ct Unit G-1001, Upper Marlboro, MD

For Sale

$284,000

2 bd2 ba1,030 sqft

7907 Crows Nest Ct #9312, Laurel, MD

For Sale

$350,000

3 bd2 ba1,326 sqft

8012 Lakecrest Dr, Greenbelt, MD

For Sale

$310,000

3 bd3 ba1,311 sqft

3727 Wilkinson Dr #402, Suitland, MD

For Sale

$292,000

2 bd1 ba1,185 sqft

1542 Lowell Ct, Crofton, MD

Tour This Home

Available dates

Select a time

Mar 27, 2026

High demand — 561 people viewed this listing. Tours fill up fast.

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Down Payment Assistance

Learn how to qualify

Value estimates

Live

Est. value$301,600

Est. rent$2,541/mo

30yr rate est.6.51%

Affordability$1,969/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Listing information is deemed reliable, but not guaranteed.

Schedule Tour Ask

No obligation · Same-day response