$525,000
$13K PRICE DROP

5507 N Colton Ln Spokane, WA 99212

Estimated payment $3,325/month

Total Views 25,417
3 Beds
3 Baths
2,544 Sq Ft
$206 Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Fenced Yard
  • Wood Flooring
  • Solid Surface Countertops
  • Cul-De-Sac

About This Home

Discover your dream home in the heart of Northwood, beautiful Spokane Valley views! This meticulously updated gem features a brand-new fence, an open kitchen with a granite countertop island, and stainless steel appliances. Light-filled, airy interior, modern, stylish finishes and expansive living spaces perfect for relaxation or entertaining inside and out. The large primary bedroom offers a spacious walk-in closet and a beautifully renovated bathroom. With 3 bedrooms, 2.5 bathrooms, and a finished walk-out basement (pre-plumbed for an additional bath), this home is designed for comfort and versatility. Host gatherings on the scenic upper deck or unwind on the inviting lower patio. Ideally located just moments from shopping, dining, and easy I-90 access, this move-in-ready home blends convenience with serenity. Schedule your showing today.

Listing Agent

Joelle Chester

Windermere City Group License #124666 Listed on: 07/23/2025

Windermere City Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,396

Year Built

  • Built in 2006

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts a private road
  • Property fronts an easement
  • Cul-De-Sac
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Property Views

  • City
  • Mountain

Home Design

  • Brick or Stone Veneer
  • Vinyl Siding

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Outdoor Features

  • Patio

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Community Details

  • Northwood Subdivision
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 46314.3505

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,396

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Views, Fenced Yard, Sprinkler - Automatic, Treed, Level, Corner Lot, Cul-De-Sac
  • Lot Size Acres: 0.21
  • Road Frontage Type: Easement, Private Road, Paved Road
  • View Type:Pond View: City, Mountain(s)
  • Reso Association Amenities: Deck, Patio
  • Co List Office Phone: +1 (509) 323-23
  • MLS Status: Chg price
  • Subdivision Name: Northwood
  • New Construction: No
  • ResoRoomType: Utility Room
  • Reso Structure Type: Two Story
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Daylight, Rec/Family Area, Walk-Out Access
  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer, Hard Surface Counters
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Flooring: Wood

Exterior Features

  • Roof: Composition
  • Construction Type: Stone Veneer, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Electric, Forced Air

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Pasadena
  • High School: West Valley
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 46314.3505
  • Lot Size Sq Ft: 9148
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5396

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,396 $469,900 $130,000 $339,900
2024 $5,396 $456,400 $105,000 $351,400
2023 $5,833 $468,900 $100,000 $368,900
2022 $3,582 $518,100 $85,000 $433,100
2021 $3,411 $230,900 $39,000 $191,900
2020 $3,507 $208,000 $39,000 $169,000
2019 $3,139 $197,900 $39,000 $158,900
2018 $3,634 $201,700 $45,000 $156,700
2017 $3,555 $192,400 $45,000 $147,400
2016 $3,415 $186,100 $45,000 $141,100
2015 $3,312 $169,100 $45,000 $124,100
2014 -- $170,700 $45,000 $125,700
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $525,000 -2.4% $206 / Sq Ft
07/23/2025 07/23/25 For Sale $538,000 +7.6% $211 / Sq Ft
08/10/2021 08/10/21 Sold $500,000 +16.3% $200 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $430,000 -- $172 / Sq Ft
Source: Spokane Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Nextitle
Warranty Deed $214,500 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $184,000 New Conventional
Previous Owner $222,000 Unknown
Previous Owner $214,500 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Joelle Chester

Windermere City Group

(509) 722-8601

Section Image

The beautiful Pacific Northwest has been Joelle Chester’s home for over 40+ years. Joelle learned the value of hard work & dedication in her family’s local retail store, nurtured small businesses by marketing to promote growth, and, best of all, helped clients and friends to find a place they call home.

There is truly no other place like the Spokane area. If you’re looking to buy, sell or invest, please lean on Joelle for help, she would love the opportunity to share more information

Joelle's Other Listings

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    • 2 Beds
    • 1 Bath
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    Charming single-level Spokane Valley home, ideal for first-time buyers, investors, or downsizers! This move-in-ready treasure boasts a freshly painted interior, hardwood floors, and a cozy wood-burning fireplace. Enjoy a fully fenced yard (with a privacy-fenced backyard) featuring a garden area and inviting patio, perfect for outdoor relaxation. Features a single-car garage, RV parking, and all

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  • 6008 E 6th Ave Unit U2, Spokane Valley, WA 99212

    $250,000 Pending

    • 2 Beds
    • 1 Bath
    • 805 Sq Ft
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    • Unit U2
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    Charming 2-bed, 1-bath corner condo in desirable Central Park Condominium! Freshly updated with new carpet, paint, light fixtures, and appliances. The washer/dryer is included. Cozy fireplace, eat-in breakfast bar with pendant lighting. Enjoy community perks: a large community room, 2 pools, 2 hot tubs a playground, a library, and a workout room. Monthly dues cover water, sewer, garbage, and

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  • 2621 S Houk Ct, Spokane Valley, WA 99216

    $475,000 Pending

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    • 3 Baths
    • 2,268 Sq Ft
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    Discover your move-in-ready gem on a spacious 0.38-acre lot in a peaceful cul-de-sac. Ideal for relaxation and entertaining, the private backyard oasis features a custom-built barbecue area, a cozy fire pit, and a garden space—perfect for creating lasting memories with family and friends. This beautifully maintained home blends modern upgrades with timeless charm. It boasts a newly installed

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  • 9305 N Harvard Rd, Newman Lake, WA 99025

    $995,000

    • 6 Beds
    • 3 Baths
    • 3,876 Sq Ft
    • 9305 N Harvard Rd
    • Newman Lake, WA

    Nestled in Newman Lake mountains and minutes from the lake. The 2 level brick house provides privacy and stunning views. A daylight basement, spacious yard, and pool. 6 bedrooms and 2 living spaces. The primary bedroom and plumbing for an additional washer and dryer are on the main level. Central vacuum system, new carpeting in downstairs bedrooms, and a recently painted exterior. The driveway

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  • 819 N Woodruff Rd, Spokane Valley, WA 99206

    $331,500 Sold Oct 11, 2024

    • 3 Beds
    • 1 Bath
    • 1,792 Sq Ft
    • 819 N Woodruff Rd
    • Spokane Valley, WA

    Nestled in the Spokane Valley, this charming Rancher home sits on a large lot that extends to the school grounds. Beyond the first back fence is an area that offers versatility for a garden, shed, or hobby shop. The home has hardwood floors hidden beneath the carpet and a lower level with an additional non-conforming bedroom, ideal for a craft area or office space. Equipped with an air

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  • 19508 E Buckeye Ave, Otis Orchards, WA 99027

    $470,000 Sold Jun 17, 2025

    • 3 Beds
    • 2 Baths
    • 2,792 Sq Ft
    • 19508 E Buckeye Ave
    • Otis Orchards, WA

    New Electrical Panel - Electrical Hook Up - Green House - Garden - Wall Heather Upstairs

    Joelle Chester Windermere City Group

  • 1124 W 12th Ave, Spokane, WA 99204

    $396,000 Sold Dec 13, 2024

    • 2 Beds
    • 1 Bath
    • 1,706 Sq Ft
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    Welcome to this beautiful home in the historic Cannon Hill neighborhood of Spokane's South Hill! This 2 bedroom, 1 bathroom gem seamlessly blends modern convenience with historic charm. The open concept living space is perfect for entertaining or relaxing, with a cozy fireplace serving as an inviting focal point. The fully updated kitchen boasts stunning quartz countertops and stainless-steel

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  • 23220 E Boone Ave, Liberty Lake, WA 99019

    $525,000 Sold Jul 10, 2025

    • 4 Beds
    • 3 Baths
    • 3,225 Sq Ft
    • 23220 E Boone Ave
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    Discover an exceptional ranch-style home nestled in the heart of Liberty Lake. This inviting home offers the convenience of main floor living, beautiful hardwood flooring, and a charming gas fireplace. The lower level features a game room for pool or simply unwinding after a long day, along with ample storage. Step outside to enjoy your cozy yard and spacious covered deck, ideal for barbecues and

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Source: Spokane Association of REALTORS®

MLS Number: 202520999

Spokane Association of REALTORS®

APN: 46314.3505