Listed by Windermere Prof Partners, Bought with Windermere Central Sound
$750,000
SOLD AUG 29, 2025

7340 Steilacoom Blvd SW Unit F5 Lakewood, WA 98499

Central Lakes Neighborhood
3 Beds
2.5 Baths
2,163 Sq Ft
$990/mo HOA Fee

Recently Sold

$347 Per Sq Ft

9% Below List Price

Highlights

  • Lake Front
  • Contemporary Architecture
  • Vaulted Ceiling
  • Boat Dock
  • Property is near public transit
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2025

A lakefront home for under a million in an outstanding HOA that manages NEARLY ALL the costs/maint/utilites/insurance & hassle of everyday homeownership, giving you more time on the lake & opportunity to enjoy life. A blend of modern living, privacy, & lakeside charm. Freshly remodeled chefs kitchen ideal for entertaining after a day of boating, fishing, or kayaking. Vaulted ceilings/large windows create open, airy atmosphere & bring lake views every day. 2 primary bdrm options make it perfect for multi-gen living/guests. The lower primary ensuite bath is a true oasis w/ a Jacuzzi tub, heated travertine floors, & 2nd patio. Relax by the fireplace, enjoy epic sunsets, discover the perfect blend of luxury & leisure w/ this lakeside haven.

Last Agent to Sell the Property

John Douville

Windermere Prof Partners License #121500 Listed on: 04/18/2025

Windermere Prof Partners

Last Buyer's Agent

Sharon Chambers-Gordon

Windermere Central Sound License #125398

Windermere Central Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2359478

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,557

Year Built

  • Built in 1990

Lot Details

  • Lake Front
  • Open Space
  • End Unit
  • Street terminates at a dead end
  • West Facing Home
  • Private Yard

HOA Fees

  • $990 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Uncovered Parking
  • Off-Street Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Travertine
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Docks
  • Balcony

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Heat Pump System
  • Water Heater

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 Condos
  • Lake Steilacoom Subdivision
  • Park Phone (253) 319-0872 | Manager HOA Community Solutions
  • Property is near a preserve or public land

Recreation

  • Boat Dock

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,557

Year Built

Built in 1990

Lot Details

0

HOA Fees

$990 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1990
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Waters Edge
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2163
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Skylights,Vaulted Ceilings,Walk-in Closet,Yard
  • SOCComments: Thank you
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2359478?w=Consumer&agent=105475
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Upper (2nd Floor)
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Travertine, Vinyl Plank, Carpet
  • Interior Amenities: Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Ground Floor, Insulated Windows, Jetted Tub, Primary Bathroom, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Washer, Water Heater
  • Stories: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Tile
  • View: Lake, Territorial
  • Lot Features: Adjacent to Public Land, Corner Lot, Curbs, Dead End Street, Open Space, Paved
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Construction Type: Cement Plank, Wood
  • Direction Faces: West
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 212
  • WaterAccess: Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: HOA
  • WaterHeaterLocation: lower level utility room
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Dock, Outside Entry
  • Park Manager Name: HOA Community Solutions
  • Park Manager Phone: 253-319-0872
  • Senior Community: No
  • Association Fee: 990
  • Association Fee Frequency: Monthly
  • Phone: 253-319-0872
  • Association: Yes
  • Pets Allowed: Subject to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Korrine Claxton
  • CommonPropertyFeatures: Dock,Outside Entry

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 9000030130
  • Irrigation Water Rights: No
  • ShowMapLink: true

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

  • RentalCap: Below Rental Cap (See Remarks)

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6557

Multi Family

  • Number Of Units In Community: 19
  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Custer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Aug 28, 2025
Sold by
Yeatman Gentry W and Yeatman Janet L
Bought by
Carl James Duman Living Trust and Duman
Seller's Agent
John Douville
Windermere Prof Partners
Buyer's Agent
Sharon Chambers-Gordon
Windermere Central Sound
List Price
$820,000
Sold Price
$750,000
Premium/Discount to List
-$70,000
-8.54%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-53.79%
Original Mortgage
$712,500
Outstanding Balance
$712,500
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$28,849

Purchase Details

Closed on
Nov 19, 2010
Sold by
Yeatman Gentry W and Yeatman Janet L
Bought by
Yeatman Gentry W and Yeatman Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Yeatman Gentry W and Yeatman Janet L
Bought by
Yeatman Gentry W and Yeatman Janet L

Purchase Details

Closed on
Oct 21, 1997
Sold by
Klotz Jacqueline M and Keotz Jacqueline M
Bought by
Yeatman Gentry W and Yeatman Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
7.49%

Purchase Details

Closed on
May 11, 1995
Sold by
Boyle Mildred A
Bought by
Keotz Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
8.32%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $750,000 Cw Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- --
Warranty Deed $304,810 --
Warranty Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,500 New Conventional
Previous Owner $123,000 New Conventional
Previous Owner $209,600 No Value Available
Previous Owner $159,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $750,000 0.0% $347 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
08/03/2025 08/03/25 Price Changed $750,000 -6.3% $347 / Sq Ft
07/16/2025 07/16/25 Price Changed $800,000 -2.4% $370 / Sq Ft
05/20/2025 05/20/25 For Sale $820,000 0.0% $379 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $820,000 -- $379 / 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 $6,115 $584,600 $381,700 $202,900
2024 $6,115 $599,100 $374,200 $224,900
2023 $6,115 $548,000 $326,000 $222,000
2022 $6,260 $573,600 $350,000 $223,600
2021 $5,992 $445,700 $243,100 $202,600
2019 $4,596 $392,200 $209,000 $183,200
2018 $5,021 $367,200 $192,000 $175,200
2017 $4,982 $324,100 $149,200 $174,900
2016 $4,631 $283,200 $107,700 $175,500
2014 $3,803 $285,400 $93,900 $191,500
2013 $3,803 $247,300 $76,000 $171,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2359478

Northwest Multiple Listing Service (NWMLS)

APN: 900003-0130