16014 E 5th Ln Spokane Valley, WA 99037
4
Beds
3
Baths
2,057
Sq Ft
7,606
Sq Ft Lot
Highlights
- Contemporary Architecture
- Cathedral Ceiling
- Skylights
- Territorial View
- Fenced Yard
- 3 Car Attached Garage
About This Home
As of July 2025Discover the perfect blend of style, space, and convenience in this 4-bed, 3-bath home tucked inside the secure, gated community of Shelly Lake—designed for those who value both comfort and connection. The open-concept main level features vaulted ceilings and a bay window that floods the space with natural light, creating an ideal atmosphere for both relaxing and entertaining. Downstairs, enjoy a cozy family room with a built-in projector for movie nights, plus two bedrooms and a full bath. A generous laundry room with ample cabinetry and a flexible bonus room offer the perfect setup for a home office, creative space, or extra storage. The fully fenced backyard is perfect for gatherings, pets, or simply unwinding outdoors. Residents also enjoy private access to scenic 21-acre Shelly Lake, offering swimming, kayaking, fishing, and walking trails. Conveniently located near parks, shopping, restaurants, and top schools, this home offers a lifestyle you’ll love!
Last Agent to Sell the Property
Windermere Valley License #13816 Listed on: 04/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,229
Year Built
- Built in 2002
Lot Details
- 7,606 Sq Ft Lot
- Property fronts a private road
- Fenced Yard
- Sprinkler System
HOA Fees
- $55 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Off-Site Parking
Home Design
- Contemporary Architecture
- Split Foyer
Interior Spaces
- 2,057 Sq Ft Home
- 2-Story Property
- Woodwork
- Cathedral Ceiling
- Skylights
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Bay Window
- Territorial Views
- Basement Fills Entire Space Under The House
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Evergreen Middle School
- Central Valley High School
Utilities
- Forced Air Heating and Cooling System
- Hot Water Provided By Condo Association
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 45242.1503
Community Details
Overview
- Shelley Lake P.U.D. Subdivision
- Planned Unit Development
Amenities
- Community Deck or Porch
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
Similar Homes in the area
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 | $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
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
-
Trevor Windhorst
Seller's Agent in 2025
Trevor Windhorst
Windermere Valley
(509) 216-2090
11 in this area
181 Total Sales
-
Tiffany Ferraro
Seller's Agent in 2025
Tiffany Ferraro
Amplify Real Estate Services
(509) 309-1560
7 in this area
140 Total Sales
-
Yolande Johnson
Buyer's Agent in 2025
Yolande Johnson
Kelly Right Real Estate of Spokane
(509) 270-5295
6 in this area
63 Total Sales
-
Jodi Hoffman
Buyer's Agent in 2025
Jodi Hoffman
John L Scott, Spokane Valley
(509) 220-3496
10 in this area
102 Total Sales
-
Kathryn Arrand
Seller's Agent in 2018
Kathryn Arrand
Coldwell Banker Schneidmiller
(208) 818-7826
2 in this area
131 Total Sales
-
Natalie Rastall
Seller's Agent in 2016
Natalie Rastall
Professional Realty Services
(509) 868-7345
2 in this area
98 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202514881
APN: 45242.1503
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