$229,900
SOLD JUL 18, 2016

16014 E 5th Ln Spokane Valley, WA 99037

4 Beds
3 Baths
2,057 Sq Ft
7,606 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

12% Below List Price

117 Days on Market

Highlights

  • Gated Community
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Den
  • Dual Closets
  • Dining Room

About This Home

As of July 2025

Updated one owner home in Shelley Lake gated community. Beautiful dark oak hardwood flooring and vaulted ceilings in an open floor plan. Recent updates include remodeled baths, new carpet in master bedroom, new flooring in master bath and a newer high efficiency furnace! 12 by 20 deck, gazebo, and full sprinkler system. Second family room downstairs is wired for 7.1 surround sound. Too many features to list, and walking distance to private access of Shelley Lake!

Last Agent to Sell the Property

Natalie Rastall

Professional Realty Services License #27947 Listed on: 03/23/2016

Professional Realty Services

Co-Listed By

Vicki Cohen

Professional Realty Services License #112639

Last Buyer's Agent

Kathryn Arrand

Coldwell Banker Schneidmiller License #113582

Coldwell Banker Schneidmiller

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 2002

Lot Details

  • 7,606 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Split Level Home
  • Composition Roof
  • T111 Siding
  • Hardboard

Interior Spaces

  • 2,057 Sq Ft Home
  • Gas Fireplace
  • Dining Room
  • Den

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Schools

  • Adams Elementary School
  • Evergreen Middle School
  • Central Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 45242.1503

Community Details

Overview

  • Association fees include comm elem maint, grounds maint
  • Shelley Lake Pud Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Additional Features

  • Community Deck or Porch
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 2002

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Excluded Items: water fountain under gazebo, wishing well
  • Style Of Construction: Split Entry
  • Year Built: 2002
  • Lvt Date: 03/24/2016
  • Geo Address Line: 16014 E 5th Ln
  • Geo Primary City: Veradale
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/19/2016 5:09:44 PM
  • Geo Zoom Level: 15
  • Sr High: Central Valley
  • Year Renovated: 2016
  • Jr High: Evergreen
  • Subdivision/Development: Shelley Lake PUD
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2057
  • Price Per Sq Ft: 111.76
  • Bathrooms: 3
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1049
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Finished, Fam/Rec Rm, Lndry
  • Estimated Basement Sq Ft: 1008
  • Basement Percent: 100
  • Basement: Yes
  • Basement Bedrooms: 2
  • Basement Bathrooms: 1
  • Basement Family Room: 1
  • Special Features: Wood Flr, Cath Cling, Bay Wind, Skylight, Vinyl Wn Fr
  • Dining Room: Informal
  • Family/Recreation Room: Bsmt, Den or Office
  • Features: 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Disposal, Microwave, Pantry, Washer, Dryer
  • Primary Bedroom: Dbl Clst, Full Bath
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Hardboard, T-111
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Hi Eff Furn (>90%)
  • Power Company: Vera
  • Water Company: Vera

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Gas Hot Wtr
  • Condo/PUD Features: Maint Assmt, Gated
  • Condo/PUD Maintenance Fee Pays: Comm elem maint, Grounds Maint

Schools

  • School District: Central Valley
  • Elementary School: Adams
  • Middle School: Evergreen
  • High School: Central Valley
  • School District: Central Valley
  • Elementary School: Adams

Lot Info

  • Acres Mol: 0.17
  • Estimated Lot Sq Ft: 7606
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 160
  • Loc Numberblks N S: 5
  • Lot Information: Spr Sys, Level, Plan Unit Dev, CC & R, Fenced
  • Monthly Assessment: 50
  • Parcel Number: 45242.1503
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 2331
  • Assessor Parcel Number: 45242.1506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Jul 9, 2025
Sold by
Geoghagan William Jerrell and Spencer Deborah Ann
Bought by
Long Brandon and Long Sara
Seller's Agent
Trevor Windhorst
Windermere Valley
Buyer's Agent
Yolande Johnson
Kelly Right Real Estate of Spokane
List Price
$474,900
Sold Price
$465,000
Premium/Discount to List
-$9,900
-2.08%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.64%
Original Mortgage
$379,687
Outstanding Balance
$379,687
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$90,875

Purchase Details

Listed on
Jan 23, 2025
Closed on
Mar 11, 2025
Sold by
Abney Derrick M and Abney Valerie M
Bought by
Geoghagan William Jerrell and Spencer Deborah Ann
Seller's Agent
Tiffany Ferraro
Amplify Real Estate Services
Buyer's Agent
Jodi Hoffman
John L Scott, Spokane Valley
List Price
$449,000
Sold Price
$449,000
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$224,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 12, 2018
Sold by
Mayer Jared and Mayer Makayla Paige
Bought by
Abney Derrick M and Abney Valerie M
Seller's Agent
Kathryn Arrand
Coldwell Banker Schneidmiller
Buyer's Agent
Tiffany Ferraro
Amplify Real Estate Services
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$228,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jul 14, 2016
Sold by
Watilo Steve W and Watilo Susan N
Bought by
Meyer Makayla Paige and Meyer Jared
Seller's Agent
Natalie Rastall
Professional Realty Services
Buyer's Agent
Kathryn Arrand
Coldwell Banker Schneidmiller
List Price
$259,900
Sold Price
$229,900
Premium/Discount to List
-$30,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$183,920
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2002
Sold by
Lanzce G Douglass Inc
Bought by
Watilo Steve W and Watilo Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1999
Sold by
R N P Financial Inc
Bought by
Lanzce G Douglass Inc
Source: Public Records

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Range of Values:

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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 $465,000 Washington Title
Warranty Deed $449,000 Wfg National Title
Warranty Deed $285,000 First American Title Ins Co
Warranty Deed $229,900 None Available
Warranty Deed -- Pacific Nw Title
Warranty Deed -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,687 VA
Previous Owner $224,000 New Conventional
Previous Owner $77,255 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $245,000 New Conventional
Previous Owner $228,000 New Conventional
Previous Owner $183,920 New Conventional
Previous Owner $175,620 FHA
Previous Owner $18,700 Unknown
Previous Owner $183,600 Unknown
Previous Owner $160,550 Unknown
Previous Owner $139,000 Unknown
Previous Owner $137,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $465,000 -2.1% $226 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $474,900 +5.8% $231 / Sq Ft
03/12/2025 03/12/25 Sold $449,000 0.0% $218 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
02/02/2025 02/02/25 For Sale $449,000 0.0% $218 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $449,000 +57.5% $218 / Sq Ft
07/18/2018 07/18/18 Sold $285,000 0.0% $139 / Sq Ft
05/22/2018 05/22/18 For Sale $285,000 +24.0% $139 / Sq Ft
07/18/2016 07/18/16 Sold $229,900 -11.5% $112 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $259,900 -- $126 / Sq Ft
Source: Spokane Association of REALTORS®

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 $4,230 $389,900 $95,000 $294,900
2024 $4,230 $396,900 $85,000 $311,900
2023 $4,181 $438,400 $70,000 $368,400
2022 $3,731 $438,400 $70,000 $368,400
2021 $3,728 $299,400 $50,000 $249,400
2020 $3,331 $271,500 $50,000 $221,500
2019 $2,764 $234,900 $45,000 $189,900
2018 $3,051 $215,600 $45,000 $170,600
2017 $2,916 $209,800 $45,000 $164,800
2016 $2,331 $162,000 $45,000 $117,000
2015 $2,231 $152,300 $34,000 $118,300
2014 -- $152,300 $34,000 $118,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201614242

Spokane Association of REALTORS®

APN: 45242.1503