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25208 38th Avenue E, Spanaway, WA, 98387

3beds
2baths
1,604sqft
$499,950
$312price/sqft
$3,268/moest. monthly cost
$130,720/yrincome needed

About This Home

Huge price reduction! Welcome to this beautifully refreshed 3-bedroom, 2-bath rambler offering over 1,600 square feet of comfortable, single-level living on just over a quarter acre. Thoughtfully updated and ready for its next chapter, this home blends everyday functionality with standout outdoor features. Step inside to an inviting layout highlighted by a spacious living area and vaulted ceilings that create an open, airy feel. The home features newer appliances and a seamless flow that makes both daily living and entertaining easy. Out back is where this property truly shines. The fully fenced yard has been professionally landscaped with tiered terraces, creating a private retreat you won’t find just anywhere. Enjoy the tranquil pond and waterfall feature, take in the mountain view, or simply unwind in your own backyard oasis. Additional highlights include a versatile outbuilding—perfect for storage, hobbies, or workspace—and a generously sized covered back patio. A rare combination of comfort, character, and outdoor beauty—this is one you don’t want to miss. Minutes from shopping, freeway, JBLM, etc. Buyer/buyer agent to verify all information to own satisfaction.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

6/10
7/10
6/10
Bethel High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1993

Materials

  • Roof: Composition
  • Construction materials: Cement Planked,Wood Siding,Wood Products,Cement Plank

Notable Dates

  • Major remodel year: 2005

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Stove(s)/Range(s),Dishwasher(s)

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room
  • Window features: Skylight(s)
  • Flooring: Laminate,Vinyl,Vinyl Plank

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,604
  • Total interior livable area: 1,604 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 5000670280
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dining Room,Security System,Skylight(s),Vaulted Ceiling(s)
  • Has view: Yes
  • View description: Mountain(s),Territorial
  • Topography of land: Level,Partial Slope,Sloped,Steep Slope,Terraces
  • Residential vegetation: Garden Space

Lot

  • Lot size: 0.29 Acres
  • Features: Dead End Street,Paved,Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached Garage
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$127$1,524
Property Taxes $464$5,568
Electricity $149$1,793
Total$3,268$39,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,045/yr
40% on housing$98,040/yr
45% on housing$87,146/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$312This listing

vs Other Active Listings

Avg $/sqft

ZIP 98387$258
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98387$282
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Price change$524,950
2026-03-02Price change$534,950
2025-12-05Price change$544,950
2025-09-10Listed for sale$549,950

For Sale by Agent

AgentRichard L. Simpson, John L. Scott/Yelm
BrokerageJohn L. Scott/Yelm

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