$5,332

closing credit¹

16014 E 5th Ln Spokane Valley, WA 99037

$449,000
4 beds
3 baths
2,057 sqft
0.2 acres
$218 / sqft
House

Property details

About 16014 E 5th Ln

Welcome to 16014 E 5th Ln nestled within the desirable gated community of Shelly Lake! This spacious 4 bedroom 3 bathroom home boasts an open living area with vaulted ceilings and a charming bay window that floods the space with natural light. Perfect for both relaxation and entertaining this residence offers a generous layout. The lower level features 2 bedrooms, and a bathroom there is a cozy family room that awaits, complete with a projector for family movie nights or casual entertainment. The laundry room offers ample cabinets and plenty of space to move around. There is a flex space that can be utilized as an office, play area, or additional sorage. The fully fenced backyard provides a perfect setting for outdoor gatherings while ensuring privacy. Additionaly, the property features exclusive private access to Shelly Lake a 21 acre lake that offers swimming, fishing, kayaking, walking trails, that offers a tranquil retreat for all residents. Don't miss out on this well maintained home!

Highlights

Home typeResidential
HeatingGas, Electric, Forced Air
StatusActive
(BOM)
CoolingCentral Air
Size2,057 sqft
BasementYes
Lot size0.17 Acres
Year built2002
ParkingAttached, Garage Door Opener
MLS #202511171
Attached garage3 spaces
FireplaceGas
ViewTerritorial

Summary

  • MLS Number: 202511171
  • MLS Name: SARMLS
  • Office Name: Amplify Real Estate Services
  • Office Phone: (509) 309-1560
  • Listing Agent: Tiffany Ferraro

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 1:10:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring a garage

$449,000

16014 E 5th Ln

$5,332

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 16, 2018
Home Sold
$285,000
Jul 15, 2016
Home Sold
$229,900
Dec 20, 2002
Home Sold
$137,000
May 21, 1999
Home Sold
$90,000

Tax history

YearAssessmentProperty Tax
2024$438,400$4,181
2023$319,800$3,730
2022$319,800$3,730
2021$299,400$3,728
2020$271,500$3,331
2018$215,600$2,763
2017$209,800$3,050

History based on county public records data.

Nearby schools

5

Adams Elementary School

Public District KG-5

0.8 mi

14707 E 8th Ave

3

Progress Elementary School

Public District KG-5

1.0 mi

710 N Progress Rd

5

Greenacres Elementary School

Public District KG-5

1.2 mi

17915 E 4th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,947. Typical income of Spokane Valley, WA residents is between $35k-100k annually. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
41%
35k-100k
30%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
5%
Single, with Kids
31%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • QdobaQdoba
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Spokane Valley, WA

About 16014 E 5th Ln

This home is located at 16014 E 5th Ln in Spokane Valley, WA and zip code 99037. This 2,057 square foot home, which was built in 2002, sits on a 0.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $449,000.

In January 2025 more than 11 listings in Spokane Valley, WA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 22 were sold below. The number of homes for sale in Spokane Valley, WA increased by 12.8% between December and January 2025. The median list price of listings available in January 2025 was $424,982, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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