Listed by RE/MAX Northwest
$527,000
$23K PRICE DROP

7314 Steilacoom Blvd SW Unit B2 Lakewood, WA 98499

Central Lakes Neighborhood

Estimated payment $4,083/month

Total Views 6,562
3 Beds
2.5 Baths
1,796 Sq Ft
$293 Price per Sq Ft

Highlights

  • Lake Front
  • Gated Community
  • Vaulted Ceiling
  • Boat Dock
  • Property is near public transit
  • Bamboo Flooring

About This Home

Approx. 14 mins to Madigan & 10 mins to JBLM Gates. Lakefront living that feels like a vacation every day! Wake up to sparkling water views, launch your kayak/water toys from the dock, or entertain on your patio as the sun sets over Lake Steilacoom. This 3-bed, 2.5-bath, 2-car garage condo is packed with style, bamboo floors, soaring windows, skylights, a wood-burning fireplace, smart updates, & endless storage. Upstairs, your private primary suite & spa-style bath become the ultimate retreat. HOA covers water, garbage, & exterior so that you can enjoy it all! Beautiful grounds, a shared dock, & a vibrant community are all minutes from shopping, dining, and parks. The recently installed heat pump will keep you cool all summer long.

Listing Agent

Karloc Paden

RE/MAX Northwest License #100374 Listed on: 06/26/2025

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2392464

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,404

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • End Unit
  • Southeast Facing Home
  • Sprinkler System

HOA Fees

  • $748 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Uncovered Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,796 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Docks
  • Balcony

Location

  • Property is near public transit

Schools

  • Custer Elementary School
  • Lochburn Mid Middle School
  • Clover Park High School

Utilities

  • Heat Pump System
  • Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, trash, water
  • 19 Units
  • Korrine Claxton Association
  • Secondary HOA Phone (253) 319-0872
  • Waters Edge Ph I Condo
  • Lake Steilacoom Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,404

Year Built

Built in 1988

Lot Details

0

HOA Fees

$748 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1988
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Waters Edge Ph I Condo
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1796
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Central Vacuum,End Unit,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Skylights,Sprinkler System,Vaulted Ceilings,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2392464?w=Consumer&agent=73860
  • Special Features: VirtualTour
  • Cumulative Days on Market: 47

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Ceramic Tile, Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Central Vacuum, Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Insulated Windows, Jetted Tub, Primary Bathroom, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Washer, Water Heater
  • Main Level Bathrooms: 1
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • WindowCoverings: Electric Blinds
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Tile
  • View: Lake, Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Construction Type: Brick, Wood
  • Direction Faces: Southeast
  • Exterior Features: Brick, Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • WaterAccess: Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Pierce County Sewer
  • WaterCompany: HOA
  • WaterHeaterLocation: Laundry Room
  • WaterHeaterType: Hybrid Heat Pump
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Dock, Gated, High Speed Int Avail
  • Senior Community: No
  • Association Fee: 748.21
  • Association Fee Frequency: Monthly
  • Phone: 253-319-0872
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subject to Restrictions
  • AssociationContactName: Korrine Claxton
  • CoOp: false
  • CommonPropertyFeatures: Dock,Gated Entry,High Speed Int Avail

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Trash, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Clover Park
  • High School: Clover Park High
  • Middle Or Junior School: Lochburn Mid

Lot Info

  • Parcel Number: 9383010060
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5404

Multi Family

  • Number Of Units In Community: 19
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2

MLS Schools

  • Elementary School: Custer Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,987 $463,500 $281,100 $182,400
2024 $4,987 $478,100 $275,600 $202,500
2023 $4,987 $440,400 $240,100 $200,300
2022 $4,846 $459,600 $257,900 $201,700
2021 $4,704 $343,700 $161,200 $182,500
2019 $3,548 $303,700 $138,600 $165,100
2018 $3,938 $276,400 $121,600 $154,800
2017 $3,961 $249,100 $94,500 $154,600
2016 $3,755 $225,000 $68,200 $156,800
2014 $3,660 $228,800 $59,500 $169,300
2013 $3,660 $199,500 $48,100 $151,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $527,000 -2.1% $293 / Sq Ft
07/23/2025 07/23/25 Price Changed $538,500 -2.1% $300 / Sq Ft
06/26/2025 06/26/25 For Sale $550,000 +111.5% $306 / Sq Ft
09/01/2017 09/01/17 Sold $260,000 -0.8% $146 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
07/12/2017 07/12/17 Price Changed $262,000 -1.9% $147 / Sq Ft
06/15/2017 06/15/17 For Sale $267,000 +24.8% $150 / Sq Ft
03/17/2014 03/17/14 Sold $214,000 -2.3% $120 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
10/31/2013 10/31/13 Price Changed $219,000 -8.4% $123 / Sq Ft
10/06/2013 10/06/13 For Sale $239,000 -- $134 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $259,719 Rainier Title
Warranty Deed $213,719 Chicago Title Company
Warranty Deed $261,500 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,360 Construction
Closed $208,000 New Conventional
Previous Owner $212,100 VA
Previous Owner $214,300 VA
Previous Owner $221,050 VA
Previous Owner $196,000 New Conventional
Previous Owner $209,200 Fannie Mae Freddie Mac
Previous Owner $52,300 Credit Line Revolving
Source: Public Records

About the Listing Agent

Karloc Paden

RE/MAX Northwest

(253) 523-2531

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Karloc believes the finest homes deserve the finest marketing. That is why his advertising program is designed to go beyond anything offered by any other agent or broker in quality, sophistication, and depth. He employs the latest technology to deliver a perfect presentation and massive exposure for your home to drive responses from buyers everywhere. His mission is to provide an experience that is so positive that you will feel the trust, comfort, and confidence in securing a real estate agent

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2392464

Northwest Multiple Listing Service (NWMLS)

APN: 938301-0060