Lafayette Park condos are located in a garden-style condo community on Leesburg Pike just past Seven Corners. This community has a variety of one, two, and three-bedroom condos and is located in a convenient, central location in Falls Church. Strong demand in this area makes Lafayette Park condos very marketable. Besides the convenient location, residents enjoy having access to on-site tennis courts, swimming pools, and a serene garden style setting. Buyers also like the community’s reasonable price points. For instance, Lafayette Park is one of the only condominium complexes in the area where you can buy a two-bedroom condo for well under $200,000.
Currently Listed Lafayette Park Condos for Sale
Buying a Lafayette Park condo is also a good idea if you’re an investor, as rental demand here is high. Updated one-bedrooms typically rent for $1,250 - $1,400 and updated two-bedrooms typically rent for $1,550 - $1,650.
Here’s a look at recent sales activity in the Lafayette Park Condo community:
- Only one Lafayette Park condo closed in the last 30 days: 6143 Leesburg Pike #508. I was the listing agent on this one - it closed at $156,000 with a $500 seller subsidy.
- Four Lafayette Park condos went under contract in the last 30 days: a 1BR/1BA that was listed at $153,000, a 2BR/1BA condo that was listed at $149,000 (this is a short sale), a 1BR/1BA banked owned condo that was listed at $109,900, and another 1BR/1BA condo that was listed at $80,000 (this is also a short sale).
- Three rental listings came on the market in the last 30 days: a 1BR/1BA for $1,300, a 2BR/1BA for $1,450, and a 2BR/1½ BA for $1,595.
- Two condos were listed for sale in the last 30 days: a 1BR/1BA bank owned condo listed at $129,900, a 2BR/1 ½ BA banked owned condo listed at $132,900.
I do a lot of business in the Lafayette Park condo community – as I mentioned, I just sold a 2 bedroom 1 bath condo there last week and I just wrote an offer for a buyer client on a 2-bedroom 1½-bath condo there yesterday.
If you’re considering selling your Lafayette Park condo, or maybe you’re just curious about how much it’s worth, call me at 703-462-0700 and ask me for a free over-the-phone market analysis of your property.
If you’re looking to buy a Lafayette Park condo, contact me so I can go to work for you. I have a lot of market knowledge about this condo community and can help you get the best deal possible on your purchase.