$474,900

16014 E 5th Ln Spokane Valley, WA 99037

$5,639
Closing credit¹
4 beds
3 baths
2,057 sqft
0.2 acres
$231 / sqft
House

Property details

About 16014 E 5th Ln

Discover 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!

Highlights

Home typeResidential
HeatingGas, Electric, Forced Air
StatusActive
CoolingCentral Air
Size2,057 sqft
BasementYes
Lot size0.17 Acres
Year built2002
ParkingAttached, Under Building, Garage Door Opener, Off Site
MLS #202514881
Attached garage3 spaces
FireplaceGas, Insert
ViewTerritorial

Summary

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Natural Woodwork, Vinyl
  • Interior: Cathedral Ceiling(s), Natural Woodwork, Window Bay Bow, Skylight(s), Vinyl, Multi Pn Wn
  • Fireplace: Gas, Insert
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Under Building, Garage Door Opener, Off Site
  • View: Territorial
  • Exterior: Deck
  • Architectural Style: Contemporary
  • Heating: Gas, Electric, Forced Air
  • Cooling: Central Air
  • List Price: $474,900
  • Price/SqFt: $230
  • Annual Tax Amount: $4,181
  • Tax Year: 2024
  • Lot: Fencing, Sprinklers
  • Year Built: 2002
  • Stories: 2
  • Living Area: 2,057 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 202514881
  • MLS Name: SARMLS
  • Office Name: Windermere Valley
  • Office Email: valleyoffer@windermere.com
  • Listing Agent: Trevor Windhorst

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: 5/8/2025, 11:10:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house with an attached garage, driveway, a front yard, and fence

$474,900

16014 E 5th Ln

$5,639

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

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. The most common annual income of people living in Spokane Valley, WA is between $35k-100k. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.

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

Similar homes for sale

Frequently asked questions

Living in Spokane Valley, WA

Transportation options in Spokane Valley cater to a variety of preferences, with a network of roads and highways that facilitate travel and commuting within the region. Public transit services are available, connecting residents to key areas within the Valley and to the greater Spokane region. The area is also equipped with bike lanes and trails, promoting a bike-friendly environment. While some neighborhoods are more walkable than others, efforts are being made to enhance pedestrian accessibility across the community.

Residents of Spokane Valley benefit from a solid educational system, including a number of public and private schools that cater to various educational needs. The community is served by several healthcare facilities, providing a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with establishments ranging from local boutiques to national chains, and restaurants that offer a taste of the local cuisine as well as international flavors.

Spokane Valley is celebrated for its community-oriented atmosphere and scenic beauty, with the Spokane River and numerous parks enhancing the local character. The area prides itself on a blend of urban and suburban elements, offering residents a peaceful yet connected lifestyle. Seasonal events and festivals reflect the community's engagement and the region's traditions, contributing to the Valley's distinct sense of place.

The housing landscape in Spokane Valley offers a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of contemporary, ranch, and craftsman designs prevalent throughout the area. The market also includes a selection of apartments and townhouses, accommodating a range of living preferences. The majority of the homes were constructed during a development boom in the late 20th century, reflecting the area's growth during that period. The homeownership rate in Spokane Valley is robust, with a substantial portion of residents owning their homes.

About 16014 E 5th Ln

The listing price of 16014 E 5th Ln property is $474,900.

The property 16014 E 5th Ln is a house located in Spokane Valley, Washington, 99037.

Active Listing: 16014 E 5th Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 16014 E 5th Ln are: Adams Elementary School (GreatSchools Rating 5/10), Progress Elementary School (GreatSchools Rating 3/10), Greenacres Elementary School (GreatSchools Rating 5/10), Greenacres Middle School (GreatSchools Rating 7/10), Evergreen Middle School (GreatSchools Rating 7/10), Summit School (GreatSchools Rating 7/10), Central Valley High School (GreatSchools Rating 7/10), Mica Peak High School (GreatSchools Rating 3/10), Ev Parent Partnership (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $4,181 (source: MLS/based on county public records data).

The last sale was on July 16, 2018 for $285,000 (source: MLS/tax record).

The property at 16014 E 5th Ln has 4 bedrooms and 3 bathrooms.

The property 16014 E 5th Ln is 2,057 SqFt (source: MLS/tax record).

The year of construction for 16014 E 5th Ln is 2002.

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 April 11, 2025 and is currently priced at $474,900.

Over 35 listings were sold over their listed price in April 2025 in Spokane Valley, WA. In the same period over 23 listings were sold below the listed price and 31 listings were sold for the listed price. The number of homes for sale in Spokane Valley, WA increased by 21.2% between March and April 2025. The median list price of listings available in April 2025 was $426,786, while the average time on the real estate market was 23 days.

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

More resources