7047 Palamar Turn, Lanham, MD, 20706
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: Townhouse
- Architectural style: Colonial
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Hookup,In Basement
Basement
- Has basement: Yes
- Basement: Full,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Family Room
- Level: Unspecified
Features
- Floor Plan - Traditional
- Flooring: Laminate,Carpet
- Finished area below ground: 0
- Finished area above ground: 1,212
Heating & Cooling
- Heating features: Heat Pump,Natural Gas
- Cooling features: Other,Electric
Interior Area
- Total structure area: 1,812
- Total interior livable area: 1,212 sqft
Primary Bedroom
- Level: Unspecified
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 17141572817
- Zoning: RSFA
- Special condition: Real Estate Owned
Features
- Levels: Three
- Stories: 3
- Pool features: Community
- Fencing: Back Yard
Lot
- Lot size: 1,550 sqft
- Features: Backs to Trees
Parking
- Parking features: Parking Lot
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
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,466 | $17,592 |
| Home Insurance * | $97 | $1,164 |
| Property Taxes | $256 | $3,072 |
| Electricity | $281 | $3,374 |
| Total | $2,100 | $25,200 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-07-10 | Listing removed | $310,000 |
| 2025-06-05 | Listed for sale | $310,000 |
| 2025-05-29 | Contingent | $310,000 |
| 2025-05-22 | Listed for sale | $310,000 |
| 2025-02-12 | Contingent | $325,000 |
| 2025-01-28 | Listed for sale | $325,000 |
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