NOT LISTED FOR SALE

724 S Shelley Lake Ln Spokane Valley, WA 99037

Estimated Value: $453,000 - $597,000

3 Beds
2 Baths
2,066 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $505,000 $244 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,414/month

2 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Jetted Tub in Primary Bathroom
  • Gated Community
  • Secluded Lot
  • Great Room

About This Home

As of March 2023

One of the coolest homes of MY home show homes in 1999! Original Owner. It is across from one of 3 access points to the lake. There is a sitting rm & balcony in the primary bed rm to take in the view of the lake plus a 2nd balcony off of the great rm for your guests! The great rm, gourmet kitchen & large pantry is perfect for that chef in your home so they can cook & entertain. With the pvt. bk yd, 45 min. paved path around the lake, paddle boating & canoeing, this gated community of Shelley Lake is a Shangri-La!!

Last Agent to Sell the Property

Kathleen Moore

Windermere Valley License #36403 Listed on: 01/31/2023

Last Buyer's Agent

Spencer Millsap

REAL Broker LLC License #22013535

REAL Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,213

Year Built

  • Built in 1999

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Secluded Lot
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $55 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,066 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Great Room
  • Formal Dining Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 3 Car Detached Garage
  • Tuck Under Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Available at Street
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 45242.2207

Community Details

Overview

  • Shelley Lake 2Nd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Building Patio
  • Community Deck or Porch

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,213

Year Built

Built in 1999

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • HOA YN: Yes
  • Sub Type: Res/Site Blt
  • Access: Paved, Pvt Rd
  • Class: Residential
  • Style Of Construction: 1-1/2 Story
  • Year Built: 1999
  • Lvt Date: 01/31/2023
  • Common Interest Community: No
  • Geo Address Line: 724 S Shelley Lake Ln
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 1/31/2023 7:54:44 PM
  • Geo Zoom Level: 15
  • Sr High: Central Valley
  • Jr High: Evergreen
  • Allow Public Comments: No
  • Subdivision/Development: Shelley Lake 2nd
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2066
  • Price Per Sq Ft: 244.43
  • Number of Stories: 3
  • Bathrooms: 2
  • Bedrooms: 3
  • First Floor Bedrooms: 2
  • First Floor Bathrooms: 1
  • Second Floor Family Room: 1
  • Second Floor Fireplace: 1
  • Third Floor Bathrooms: 1
  • Third Floor Bedrooms: 1
  • Special Features: Cent Vac
  • Design: Contemp
  • Dining Room: Eat Bar, Formal
  • Family/Recreation Room: 1st Flr, Great room
  • Features: 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Blt in R/O, D/W, Disposal, Microwave, Kit Island
  • Primary Bedroom: Wlkin Clst, Full Bath, Jetted Tub
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Body of Water Name: Shelley Lk
  • Exterior: Stn Accent, Vinyl
  • Frontage: Secondary
  • Roof: Comp
  • Waterfront Property: Sec Lot

Garage/Parking

  • Garage Parking: Detached, Under Hse, Opener
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Gas Hot Wtr, Cable Internet, Other Intrnet/See Remarks
  • Condo/PUD Features: Pets, Gated

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: 0.3
  • Estimated Lot Sq Ft: 12931
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblks N S: 7
  • Lot Information: View, Fncd Bk Yd, Spr Sys, Treed, Secluded, Culdesac, Bus Rt, CC & R, Surveyed
  • Lot View: Water
  • Monthly Assessment: 55
  • Parcel Number: 45242.2207
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr, Gas Avail-St
  • Multiple Parcels: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 28, 2023
Sold by
Randi R
Bought by
Hubbard Pierce
Seller's Agent
Kathleen Moore
Windermere Valley
Buyer's Agent
Spencer Millsap
REAL Broker LLC
List Price
$497,500
Sold Price
$505,000
Premium/Discount to List
$7,500
1.51%
Views
19
Current Estimated Value
$534,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,305
Avg. Annual Appreciation
2.18%
Original Mortgage
$479,750
Outstanding Balance
$465,816
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$66,610

Purchase Details

Closed on
Dec 5, 2001
Sold by
Gaffney John M
Bought by
Randi

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
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2000
Sold by
Norwest Development Inc
Bought by
Gaffney John M and Gaffney Randi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.5%
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
Hubbard Pierce $505,000 Ticor Title
Randi -- Pacific Nw Title
Gaffney John M -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Pierce $479,750
Previous Owner Randi R $50,000
Previous Owner Randi $100,000
Previous Owner Randi $208,600
Previous Owner Gaffney John M $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $505,000 +1.5% $244 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $497,500 -- $241 / 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 $5,213 $493,400 $130,000 $363,400
2024 $5,213 $491,100 $115,000 $376,100
2023 $4,830 $500,400 $85,000 $415,400
2022 $4,642 $507,800 $85,000 $422,800
2021 $4,448 $357,900 $65,000 $292,900
2020 $4,047 $330,700 $65,000 $265,700
2019 $3,746 $319,700 $60,000 $259,700
2018 $4,101 $290,900 $60,000 $230,900
2017 $3,918 $283,000 $60,000 $223,000
2016 $3,688 $258,100 $60,000 $198,100
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: 202310957

Spokane Association of REALTORS®

APN: 45242.2207