7123 Foster Street Southwest
7123 Foster Street Southwest
Lakewood, WA 98499
$775,000
Price
4
Beds
2
Baths
2,404 Sq. Ft.
$322 / Sq. Ft.
2,404
Sq. Ft.
$322
per Sq. Ft.
Listing provided courtesy of eXp Realty
Description
Nestled above Lake Steilacoom with views from both units, this adorable duplex embodies the charm of a mid century home with original hardwood floors, rounded doorways and brick exterior. Meticulously maintained, this property offers 1202 sq ft in each unit. Each unit has 2 bedrooms, 1 bath, spacious kitchen, eating area and a large living room with fireplace that looks out to the lake. Shared laundry and covered parking for each unit. Enjoy the outdoor views on the Trex deck for the upper unit and...Nestled above Lake Steilacoom with views from both units, this adorable duplex embodies the charm of a mid century home with original hardwood floors, rounded doorways and brick exterior. Meticulously maintained, this property offers 1202 sq ft in each unit. Each unit has 2 bedrooms, 1 bath, spacious kitchen, eating area and a large living room with fireplace that looks out to the lake. Shared laundry and covered parking for each unit. Enjoy the outdoor views on the Trex deck for the upper unit and a large patio for lower unit. This quiet area is close to freeways, St. Clare Hospital, schools, shopping and dining.
- Listed by Danette Abraham • eXp Realty
Property Details for 7123 Foster Street Southwest
Community Name
Lake Steilacoom
School DistrictClover Park
ViewLake
Number of Assigned Spaces5
Total Covered Parking0
Entry Date05-08-2024
Energy SourceNatural Gas
SewerSewer Connected
Location
Listing Courtesy of eXp Realty![]()
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LISTING UPDATED: 05/20/2024 01:39 PM
Property Details for 7123 Foster Street Southwest
| Status | Active |
|---|---|
| MLS # | 2227315 |
| Days on Market | 12 |
| Cumulative Days on Market | 12 |
| Taxes | $5,508 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1955 |
| Lot Size | 0.14 AC / 6,250 SF |
| County | Pierce County |
Location
Listing Courtesy of eXp Realty![]()
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Building Information for 7123 Foster Street Southwest
Stories2Residences2Year Built1955Building Size-Lot Size0.14 AC / 6,250 SF
Payment Calculator
$4,688 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,229
Property Taxes
$459
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 7123 Foster Street Southwest
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Deck, Gas Available, High Speed Internet, Patio
- Area: 38 - Lakewood
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: From Bridgeport Way W turn on Custer Rd W, turn Right on Steilacoom Blvd SW, Left on Woodbourne Rd SW, Right on Cherry Ln SW, Left on Edgewater Dr SW, Left on Foster St SW. Duplex will be on left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 3.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://listings.foto-guy.com/videos/018f0c02-97de-72b1-9600-8eef9a50e24e
- Virtual Tour URL Unbranded2: https://listings.foto-guy.com/sites/dmojllz/unbranded
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
- Features: Ceramic Tile, Hardwood
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Brick
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 3330
- Power Company: Tacoma Public Utility
- Sewer Company: Pierce County Sewer
- Water Company: Lakewood Water
- Power Production Type: Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Slab
- Zoning Class: Multi-Family,Residential
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- MLS Square Footage Source: Public Record
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1982
- Photos Count: 34
Lot Information
- Lot Details: Corner Lot, Paved
- Lot Size Source: Public Record
- Parcel Number Free Text: 3085000420
- Building Condition: Very Good
- Calculated Square Footage: 2404
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2404.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: true
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 9852
- Gross Adjusted Income: 48000
- Gross Rent Multiplier: 16.14
- Gross Scheduled Income: $48,000
- Insurance Expense: $1,014
- Net Operating Income: $38,148
- Other Expenses: $0
- Total Monthly Income: 4000
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1202
- Rent Unit 1: $2,000.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1202
- Rent Unit 2: $2,000.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2404.0
- Leasable Area Units: Square Feet
Property History for 7123 Foster Street Southwest
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 7123 Foster Street Southwest
This home is within Clover Park School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Custer Elementary School PublicPK to 5 | ||
Lochburn Middle School Public6 to 8 | ||
Clover Park High School Public9 to 12 | ||
Re-Entry Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of eXp Realty
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.