Listed by Weichert Realtors Premier Prop, Bought with Seattle Works Real Estate
NOT LISTED FOR SALE

1620 Lafayette St S Parkland, WA 98444

Estimated Value: $695,000 - $769,000

6 Beds
5 Baths
2,782 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $752,500 $270 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,623/month

12 Days on Market

Highlights

  • Territorial View
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • No HOA
  • Property is in very good condition
  • Wood Siding

About This Home

As of April 2024

Excellent newer build duplex centrally located in Parkland near Pacific Lutheran University. Both units are smartly designed with ample living space, a large dining room, half bath and laundry room on the lower level. Upstairs you'll find 3 large bedrooms, including the large primary with a full bathroom. Another full bathroom is situated between the two bedrooms. In addition to excellent yards space, both units come with a 2 car attached garage and extra parking in the driveway. New interior paint and flooring in unit 1620. This could be your next investment, great tenants with updated leases.

Last Agent to Sell the Property

Eric Crittendon

Weichert Realtors Premier Prop License #56721 Listed on: 03/07/2024

Weichert Realtors Premier Prop

Co-Listed By

Heather Crittendon

Weichert Realtors Premier Prop License #27299

Last Buyer's Agent

Jordan Stupey

Seattle Works Real Estate License #133019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2206366

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,290

Year Built

  • Built in 2010

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 6 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • James Sales Elementary School
  • Perry G Keithley Mid Middle School
  • Wash High School

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 926500-429-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,290

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2010
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2782
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Tacoma
  • SewerCompany: Pierce County
  • WaterCompany: Parkland
  • CableConnected: Comcast
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 1225

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Wash High
  • Middle Or Junior School: Perry G Keithley Mid

Lot Info

  • Parcel Number: 926500-429-2
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4890

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7290

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 2535
  • Leasable Area: 2788
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: James Sales Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 16, 2024
Sold by
Agarwal Pooja
Bought by
Agarwal Saket
Seller's Agent
Eric Crittendon
Weichert Realtors Premier Prop
Buyer's Agent
Jordan Stupey
Seattle Works Real Estate
List Price
$765,000
Sold Price
$752,500
Premium/Discount to List
-$12,500
-1.63%
Views
20
Current Estimated Value
$740,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,777
Avg. Annual Appreciation
0.32%
Original Mortgage
$526,750
Outstanding Balance
$520,325
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$235,470

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 15, 2024
Sold by
Kornbau John A and Kornbau Christina I
Bought by
Agarwal Saket and Kaushik Manoj Kumar
Seller's Agent
Eric Crittendon
Weichert Realtors Premier Prop
Buyer's Agent
Jordan Stupey
Seattle Works Real Estate
List Price
$765,000
Sold Price
$752,500
Premium/Discount to List
-$12,500
-1.63%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,750
Outstanding Balance
$520,325
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$235,470

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 12, 2024
Sold by
Tiwari Sakshi
Bought by
Kaushik Manoj Kumar
Seller's Agent
Eric Crittendon
Weichert Realtors Premier Prop
Buyer's Agent
Jordan Stupey
Seattle Works Real Estate
List Price
$765,000
Sold Price
$752,500
Premium/Discount to List
-$12,500
-1.63%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,750
Outstanding Balance
$520,325
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$235,470

Purchase Details

Closed on
Oct 12, 2009
Sold by
Suncrest Builders Inc
Bought by
Park Avenue Properties Llc

Purchase Details

Closed on
May 26, 2009
Sold by
Christensen Jeffrey P and Christensen Susan J
Bought by
Suncrest Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,250
Interest Rate
4.83%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Agarwal Saket -- Wfg National Title Company Of
Agarwal Saket $752,500 Wfg National Title Company Of
Kaushik Manoj Kumar -- Wfg National Title Company Of
Park Avenue Properties Llc -- None Available
Suncrest Builders Inc $85,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agarwal Saket $526,750
Previous Owner Suncrest Builders Inc $260,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $752,500 -1.6% $270 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $765,000 0.0% $275 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $765,000 -- $275 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,141 $697,100 $195,700 $501,400
2024 $7,141 $676,200 $176,800 $499,400
2023 $7,141 $624,100 $154,700 $469,400
2022 $6,562 $664,400 $154,700 $509,700
2021 $5,928 $450,800 $89,700 $361,100
2019 $4,731 $384,300 $76,000 $308,300
2018 $5,292 $372,600 $68,200 $304,400
2017 $4,938 $316,100 $57,200 $258,900
2016 $4,632 $285,300 $43,500 $241,800
2014 $3,840 $249,500 $42,600 $206,900
2013 $3,840 $213,600 $37,300 $176,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2206366

Northwest Multiple Listing Service (NWMLS)

APN: 926500-4292