NOT LISTED FOR SALE

326 S Shelley Lake Ln Spokane Valley, WA 99037

Estimated Value: $570,375 - $634,000

4 Beds
3 Baths
2,575 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $550,000 $214 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,611/month

25 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Tennis Courts
  • Gated Community
  • Secluded Lot
  • Den

About This Home

As of June 2023

Nestled away in Shelley Lake Estates, this home offers 4 bedrooms and 3 bathrooms, spacious interiors, and breathtaking views of the surrounding natural beauty. With over 2500 square feet of living space, there is plenty of room for everyone to spread out and make themselves at home. The .22-acre lot includes a concrete pad and storage shed, with a 2-car garage for parking. This home truly has it all - spacious interiors, stunning views, and a prime location in one of the most sought-after communities in the area. Don't miss out on this incredible opportunity to own your dream home in Shelley Lake Estates!

Last Agent to Sell the Property

Alex Ganea

Engel & Volkers Western Frontier License #24586 Listed on: 04/07/2023

Engel & Volkers Western Frontier

Last Buyer's Agent

Abbey Parsons

Coldwell Banker Tomlinson License #26347

Coldwell Banker Tomlinson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,410

Year Built

  • Built in 1999

Lot Details

  • 9,623 Sq Ft Lot
  • Lake Front
  • Back Yard Fenced
  • Secluded Lot
  • Level Lot
  • Irregular Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,575 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room
  • Den
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 45241.1807

Community Details

Overview

  • Association fees include accounting, fire & liab, comm elem maint, grounds maint, management
  • Shelley Lake Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Planned Unit Development

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Waterfront Owned by Association
  • Tennis Courts

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,410

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pvt Rd, Paved
  • Class: Residential
  • Style Of Construction: 2 Story
  • Year Built: 1999
  • Lvt Date: 04/07/2023
  • Common Interest Community: No
  • Geo Address Line: 326 S Shelley Lake Ln
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/8/2023 1:00:50 AM
  • Geo Zoom Level: 15
  • Sr High: Central Valley
  • Jr High: Evergreen
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Subdivision/Development: Shelley Lake Estates
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2575
  • Price Per Sq Ft: 213.59
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1100
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Second Floor Estimated Sq Ft: 1475
  • Second Floor Bedrooms: 3
  • Second Floor Bathrooms: 2
  • Second Floor Family Room: 1
  • Second Floor Fireplace: 1
  • Special Features: Wood Flr, Cath Cling, Bay Wind, Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: 1st Flr, 2nd Flr, Off Kit, Outside Ent, Den or Office
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Disposal, Microwave, Pantry
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, 2nd Flr
  • Number of Family Rooms: 2
  • Number of Fireplaces: 1

Exterior Features

  • Body of Water Name: Shelley Lk
  • Exterior: Stn Accent, Vinyl
  • Frontage: Secondary
  • Out Buildings: Stge Shd
  • Roof: Comp
  • Waterfront Property: Lake Frt, Sec Lot, Own Assoc

Garage/Parking

  • Garage Parking: Attached, Under Hse, Opener
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Prog. Therm.
  • Power Company: Vera
  • Water Company: Vera

Condo/Co-op/Association

  • Amenities: Tennis or Sport Ct, Cable TV, Deck, Patio, Gas Hot Wtr
  • Condo/PUD Features: Sec Contr Acc, Maint Assmt, Gated
  • Condo/PUD Maintenance Fee Pays: Accounting, Fire & Liab, Comm elem maint, Grounds Maint, Management

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: 0.22
  • Estimated Lot Sq Ft: 9623
  • Lot Information: Fncd Bk Yd, Spr Sys, Level, Irreg, Plan Unit Dev, CC & R
  • Lot View: Water
  • Parcel Number: 45241.1807
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 8, 2018
Sold by
Parker Heather and Parker Jeffrey S
Bought by
Parker Jeffrey S
Seller's Agent
John White
Windermere Valley
Buyer's Agent
Alex Ganea
Engel & Volkers Western Frontier
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Current Estimated Value
$593,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,094
Avg. Annual Appreciation
9.16%
Original Mortgage
$160,000
Outstanding Balance
$138,770
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$423,620

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 3, 2018
Sold by
Cucinotta Joseph R and Cucinotta Nancy J
Bought by
Parker Jeffrey S
Seller's Agent
John White
Windermere Valley
Buyer's Agent
Alex Ganea
Engel & Volkers Western Frontier
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$138,770
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$423,620

Purchase Details

Closed on
Jun 20, 2015
Sold by
Cucinotta Joseph R and Cucinotta Nancy J
Bought by
Cucinotta Joseph R and Nancy J Cucinotta R

Purchase Details

Closed on
Jul 10, 2007
Sold by
Prudential Relocation Inc
Bought by
Cucinotta Joseph R and Cucinotta Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 13, 2004
Sold by
Lindemann Richard J and Lindemann Julie R
Bought by
Wetterhus Timothy S and Wetterhus Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2000
Sold by
Norwest Development Inc
Bought by
Lindemann Richard J and Lindemann Julie R
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
Parker Jeffrey S -- Spokane County Title
Parker Jeffrey S -- Spokane County Title
Parker Jeffrey S $295,000 None Available
Cucinotta Joseph R -- None Available
Cucinotta Joseph R $310,000 Spokane County Title Co
Prudential Relocation Inc $310,000 Spokane County Title Co
Wetterhus Timothy S $217,000 Pacific Nw Title
Lindemann Richard J -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jeffrey S $160,000
Previous Owner Cucinotta Joseph R $100,000
Previous Owner Wetterhus Timothy S $145,000
Closed Wetterhus Timothy S $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $550,000 0.0% $214 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $550,000 +86.4% $214 / Sq Ft
05/10/2018 05/10/18 Sold $295,000 -4.8% $115 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $310,000 -- $120 / 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 $5,410 $511,200 $130,000 $381,200
2024 $5,410 $510,000 $115,000 $395,000
2023 $4,962 $511,600 $75,000 $436,600
2022 $4,377 $521,900 $75,000 $446,900
2021 $4,187 $336,700 $55,000 $281,700
2020 $3,819 $311,800 $55,000 $256,800
2019 $3,625 $309,300 $50,000 $259,300
2018 $3,956 $280,500 $50,000 $230,500
2017 $3,776 $272,600 $50,000 $222,600
2016 $3,516 $245,900 $50,000 $195,900
2015 $3,435 $236,100 $38,000 $198,100
2014 -- $236,100 $38,000 $198,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202313521

Spokane Association of REALTORS®

APN: 45241.1807