Listed by Terrafin, Bought with Engel & Voelkers Chambers Bay
NOT LISTED FOR SALE

15811 Spanaway Loop Rd S Spanaway, WA 98387

Estimated Value: $974,000 - $1,282,358

4 Beds
2 Baths
3,200 Sq Ft
$337/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $1,250,000 $391 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $6,508/month

1 Day on Market

Highlights

  • Low Bank Waterfront Property
  • Community Boat Launch
  • Gated Community
  • Docks
  • RV Access or Parking
  • Lake View

About This Home

As of February 2024

Enjoy the lifestyle of lake front living w/138 ft of low bank lake property. This Farm Style home is updated & holds the charm of the 1920's. Beautiful hardwood floors adorn this home throughout complimented w/a brick fireplace/woodstove in the cozy living room. Kitchen is complete w/gas range, modern cabinetry & countertops. Huge dining space or great rm off entry hall. Primary open concept suite has separate stairs & deck to enjoy the beautiful lake views. A remodeled full bath on the main floor & 2 bedrooms & a flex room on the upper floor w/a secret room that could be a 3rd bathroom. Property is one of a kind w/a rear covered deck, sport court, dock & boat lift w/views of Mt Rainier putting the finishing touches on this beautiful home.

Last Agent to Sell the Property

Mary Cope

Terrafin License #109152 Listed on: 02/02/2024

Terrafin

Last Buyer's Agent

Michael McNiel

Engel & Voelkers Chambers Bay License #23756

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2196261

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,701

Year Built

  • Built in 1924

Lot Details

  • 1.18 Acre Lot
  • Low Bank Waterfront Property
  • 138 Feet of Waterfront
  • Lake Front
  • Open Space
  • Street terminates at a dead end
  • West Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Zoning described as County

Parking

  • 4 Car Attached Garage
  • Detached Carport Space
  • Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Colonial Architecture
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Log Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Storm Windows
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Docks
  • Sport Court
  • Deck
  • Patio

Schools

  • Spanaway Elementary School
  • Spanaway Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Propane
  • Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 031920-7-019

Community Details

Overview

  • No Home Owners Association
  • Spanaway Lake Subdivision

Recreation

  • Community Boat Launch
  • Sport Court

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,701

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1924
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwasher,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3547
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Hardwood, Laminate
  • Interior Amenities: Hardwood, Bamboo/Cork, Laminate Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Sprinkler System, Dining Room, French Doors, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 3200
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3200
  • SquareFootageUnfinished: 347
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Open Space, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Cement Planked, Log, Wood, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 138
  • WaterAccess: Beach Rights,Deeded Access

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Driveway, Attached Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central A/C, Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Forced Air
  • Heating Yn: Yes
  • PowerCompany: Elmhurst
  • WaterCompany: Spanaway Water
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Gated
  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bethel
  • High School: Spanaway Lake High
  • Middle Or Junior School: Spanaway Jnr High

Lot Info

  • Parcel Number: 031920-7-019
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.1816
  • Lot Size Sq Ft: 51470
  • Zoning Description: County
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cable TV,Deck,Dock,Fenced-Fully,Gated Entry,Moorage,Patio,Propane,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Seller
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9701

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Spanaway Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 21, 2024
Sold by
Cresswell Lynn J and Cresswell Kimberly Ann
Bought by
Evans Terry and Evans Natalie
Seller's Agent
Mary Cope
Terrafin
Buyer's Agent
Michael McNiel
Engel & Voelkers Chambers Bay
List Price
$1,250,000
Sold Price
$1,250,000
Views
11
Current Estimated Value
$1,078,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,160
Avg. Annual Appreciation
-8.74%
Original Mortgage
$977,500
Outstanding Balance
$960,193
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$118,647

Purchase Details

Closed on
Jul 10, 2019
Sold by
Cresswell Lynn J
Bought by
Cresswell Lynn J and Cresswell Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Underwood George A
Bought by
Cresswell Lynn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2003
Sold by
Underwood George A
Bought by
Cresswell Lynn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Evans Terry $1,250,000 Ticor Title
Cresswell Lynn J -- Fidelity National Title
Cresswell Lynn J -- Trans
Cresswell Lynn J $360,000 Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Terry $977,500
Previous Owner Cresswell Lynn J $655,600
Previous Owner Cresswell Lynn J $400,000
Previous Owner Cresswell Lynn J $325,000
Closed Cresswell Lynn J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $1,250,000 0.0% $391 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $1,250,000 -- $391 / 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 $9,451 $941,200 $571,500 $369,700
2024 $9,451 $966,800 $546,300 $420,500
2023 $9,451 $793,300 $497,000 $296,300
2022 $8,497 $826,800 $523,100 $303,700
2021 $7,379 $539,400 $311,200 $228,200
2019 $6,250 $489,600 $272,000 $217,600
2018 $7,127 $538,900 $313,900 $225,000
2017 $6,324 $477,100 $277,200 $199,900
2016 $6,725 $406,300 $258,500 $147,800
2014 $5,415 $418,500 $273,900 $144,600
2013 $5,415 $348,100 $221,600 $126,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2196261

Northwest Multiple Listing Service (NWMLS)

APN: 031920-7019