
515 S Shelley Lake Ln Spokane Valley, WA 99037
Estimated payment $5,512/month
Highlights
- Lake Front
- 2 Fireplaces
- Double Oven
- Radiant Floor
- Solid Surface Countertops
- 3 Car Attached Garage
About This Home
Hurry to view one of the finest homes in the highly sought after gated Shelley Lake community situated in the Spokane Valley. This stunning waterfront home has jaw dropping views of the water, mountains, and trees that you will never get tired of. Not only does the home back to the private lake but it also abuts the lakefront paved pathway. The home was built by a local family who owned a flooring and countertop business and is loaded with every upgrade you could imagine; from radiant floor heat throughout the home plus central air conditioning, custom stone counters and flooring, kitchenette/wet bar downstairs, walk out basement, hot tub, concrete deck overlooking the water, and lots of recent updating. The oversized garage, gated & secure community plus easy access to shopping, schools, medical, and the freeway make this a waterfront dream home come true loaded with all the luxuries you’d hope to find in a custom home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,628
Year Built
- Built in 2000
Lot Details
- 9,148 Sq Ft Lot
- Lake Front
- Property fronts a private road
- Open Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
- Garage Door Opener
Property Views
- Water
- Mountain
- Territorial
Home Design
- Brick or Stone Veneer
- Vinyl Siding
Interior Spaces
- 3,846 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Gas Fireplace
- Vinyl Clad Windows
- Utility Room
- Radiant Floor
Kitchen
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement with some natural light
Schools
- Evergreen Middle School
- Central Valley High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Hot Water Heating System
- High Speed Internet
Additional Features
- Air Purifier
- Shed
Listing and Financial Details
- Assessor Parcel Number 45242.1206
Community Details
Overview
- Property has a Home Owners Association
- Shelley Lake Subdivision
Recreation
- Waterfront Owned by Association
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,629 | $739,500 | $190,000 | $549,500 |
2024 | $7,628 | $722,600 | $150,000 | $572,600 |
2023 | $6,974 | $722,400 | $90,000 | $632,400 |
2022 | $6,546 | $737,300 | $90,000 | $647,300 |
2021 | $6,690 | $540,300 | $70,000 | $470,300 |
2020 | $5,966 | $489,400 | $70,000 | $419,400 |
2019 | $5,315 | $455,200 | $65,000 | $390,200 |
2018 | $5,693 | $405,000 | $65,000 | $340,000 |
2017 | $5,323 | $385,600 | $65,000 | $320,600 |
2016 | $4,673 | $327,800 | $65,000 | $262,800 |
2015 | $4,638 | $319,800 | $57,000 | $262,800 |
2014 | -- | $319,800 | $57,000 | $262,800 |
2013 | -- | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/19/2025 08/19/25 | For Sale | $895,000 | +98.9% | $233 / Sq Ft |
02/02/2017 02/02/17 | Sold | $450,000 | +12.5% | $122 / Sq Ft |
12/29/2016 12/29/16 | Pending | -- | -- | -- |
12/29/2016 12/29/16 | For Sale | $400,000 | -- | $108 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $450,000 | Ticor | |
Interfamily Deed Transfer | -- | Pacific Nw Title | |
Interfamily Deed Transfer | -- | -- | |
Quit Claim Deed | -- | Transnation Title Insurance | |
Warranty Deed | -- | Transnation Title Insurance |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $440,000 | Credit Line Revolving | |
Previous Owner | $200,000 | Credit Line Revolving | |
Previous Owner | $98,000 | Credit Line Revolving | |
Previous Owner | $292,500 | Purchase Money Mortgage |
Similar Homes in the area
Source: Spokane Association of REALTORS®
MLS Number: 202522668

APN: 45242.1206
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