Seller's Agent in 2025
Mary Cope
Terrafin Real Estate
(253) 405-3161
3 in this area
97 Total Sales
Listed by Terrafin, Bought with Kelly Right RE of Seattle LLC
1407 Creso Rd S Spanaway, WA 98387
3
Beds
3.5
Baths
2,404
Sq Ft
5,100
Sq Ft Lot
Highlights
- Low Bank Waterfront Property
- Lake View
- Vaulted Ceiling
- Docks
- Deck
- Traditional Architecture
About This Home
As of September 2025HUGE PRICE REDUCTION-LAKE FRONT PROPERTY! This may be the best priced waterfront home on Pierce County! This home w/its breathtaking easterly views, 50' of water front & small cove offers a new roof, skylights, fresh exterior & interior paint, & new deck rails. Home offers open-concept living w/views from all rooms on the main floor including vaulted ceilings & plenty of natural light creating a bright & inviting atmosphere & heat pump. Beautiful slate tile floors & hardwood floors. Enjoy the deck off the kitchen & huge patio below w/entertainable rear yard & dock to enjoy the waters all summer long. Finished basement includes "studio style" living w/full bath & large closet. Basement has access to rear yard including 1/2 bath.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2365448
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,283
Year Built
- Built in 1953
Lot Details
- 5,100 Sq Ft Lot
- Low Bank Waterfront Property
- Lake Front
- Street terminates at a dead end
- South Facing Home
- Partially Fenced Property
- Level Lot
- Garden
- 0319292090
- Property is in very good condition
Parking
- 1 Car Attached Garage
- Driveway
- Off-Street Parking
Property Views
- Lake
- Territorial
Home Design
- Traditional Architecture
- Block Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 2,404 Sq Ft Home
- Multi-Level Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Dining Room
- Storm Windows
- Finished Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Slate Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
- Deck
- Patio
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Generator Hookup
- Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Spanaway Lake Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 0319292091
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2025
Closed on
Sep 19, 2025
Sold by
Schwankl James D and Schwankl Shirley A
Bought by
Aespa Real Estate Llc
Seller's Agent
Mary Cope
Terrafin
Buyer's Agent
Ming Zhu
Kelly Right RE of Seattle LLC
List Price
$924,950
Sold Price
$780,000
Premium/Discount to List
-$144,950
-15.67%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.59%
Original Mortgage
$585,000
Outstanding Balance
$585,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$118,326
Purchase Details
Closed on
Dec 4, 2001
Sold by
Gordon Alice M
Bought by
Schwankl James D and Schwankl Shirley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,050
Interest Rate
6.67%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $780,000 | Ticor Title | |
| Warranty Deed | $219,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $585,000 | New Conventional | |
| Previous Owner | $208,050 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | Sold | $780,000 | -2.5% | $324 / Sq Ft |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 08/12/2025 08/12/25 | Price Changed | $800,000 | -5.9% | $333 / Sq Ft |
| 05/24/2025 05/24/25 | Price Changed | $850,000 | -5.6% | $354 / Sq Ft |
| 05/09/2025 05/09/25 | Price Changed | $899,950 | -2.7% | $374 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $924,950 | -- | $385 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,017 | $605,800 | $362,300 | $243,500 |
| 2024 | $7,017 | $624,800 | $346,300 | $278,500 |
| 2023 | $7,017 | $595,100 | $336,000 | $259,100 |
| 2022 | $6,471 | $620,600 | $353,700 | $266,900 |
| 2021 | $5,720 | $409,600 | $210,500 | $199,100 |
| 2019 | $4,925 | $378,300 | $183,900 | $194,400 |
| 2018 | $5,565 | $416,000 | $212,200 | $203,800 |
| 2017 | $4,942 | $366,000 | $187,500 | $178,500 |
| 2016 | $4,293 | $256,400 | $142,800 | $113,600 |
| 2014 | $3,499 | $261,300 | $151,400 | $109,900 |
| 2013 | $3,499 | $219,600 | $122,400 | $97,200 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Cope
-
Ming Zhu
M
Buyer's Agent in 2025
Ming Zhu
Kelly Right RE of Seattle LLC
(206) 309-6461
2 in this area
16 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2365448
APN: 031929-2091
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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