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7107 Forbes Blvd, Lanham, MD, 20706

4beds
4baths
2,068sqft
$415,000
$201price/sqft
$2,951/moest. monthly cost
$118,040/yrincome needed

About This Home

Very spacious townhouse. 4 BR 31/2 Full BA & there is a rough-in BA in the basement. Lovely 3 level townhouse w/ full, finished basement, skylight in the master BR changing room, fireplace in the rec. room, cathedral ceilings in MBR, sunken living room, separate dining room, eat-in kit. Wood floor in the living room and hallway, new carpet, fresh paint, and 4 years old Roof.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

3/10
Gaywood Elementary SchoolGrades PK-50.8 mi
2/10
3/10
Duval High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Wood
  • Roof: Shake,Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Ranch/Rambler
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished,Exterior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 4
  • Main level bedrooms: 4

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 2,068

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,068
  • Total interior livable area: 2,068 sqft

Property

Accessibility

  • Accessibility features: Accessible Entrance

Details

  • Parcel number: 17141684653
  • Zoning: RT
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 1
  • Parking features: Basement,Garage Faces Front,Garage,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave
Lightning

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,098$25,176
Home Insurance *$138$1,656
Property Taxes $434$5,208
Electricity $281$3,374
Total$2,951$35,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,177/yr
40% on housing$88,530/yr
45% on housing$78,693/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 20706$192
Prince George's County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 20706$246
Prince George's County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$405,000
2026-07-25Listed for sale$415,000
2004-03-04Sold$205,000

For Sale by Agent

AgentDENIS ALA ANDEM
BrokerageLandmark Realty LLC

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