NOT LISTED FOR SALE

8307 N Colton St Unit 8305 Spokane, WA 99208

Nevada Lidgerwood Neighborhood

Estimated Value: $578,000 - $702,000

6 Beds
4 Baths
3,800 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $600,000 $158 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,873/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • 4 Car Attached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Great Room
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of August 2022

This spacious duplex will WOW you! The vaulted ceiling adds to the expansive feeling with exposed beams and floor to ceiling windows. Both sides have been owner occupied since 2008 and has been very well cared for. Made move in ready with fresh paint inside and out. Both units have a large deck, private fenced backyard, wood burning fireplace, all appliances and an attached oversized 2 car garage with openers. 8305 has a separate unit possible in lower level for more options. Seller installed door separating upstairs unit and lower unit. Lower unit would be a studio apt. (Not separately metered) or can still be used as one unit. Great for owner occupied or family compound. Projected rents $2400 each side. Great investment, let your tenant pay your mortgage! Close to shopping and is located in the Mead school dist.

Last Agent to Sell the Property

Myah Allen

eXp Realty, LLC License #71891 Listed on: 07/13/2022

eXp Realty, LLC

Last Buyer's Agent

Emily Silcock

eXp Realty, LLC Branch License #128509

eXp Realty, LLC Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,802

Year Built

  • Built in 1985

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Primary bedroom located on second floor
  • 3,800 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Rough-In Basement Bathroom
  • Rough in Bedroom
  • Basement with some natural light

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Schools

  • Shiloh Hills Elementary School
  • Mead Middle School
  • Mt Spokane High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Available at Street
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 362032903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,802

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1985
  • Style Of Construction: Duplex Side-Side
  • Lvt Date: 07/13/2022
  • Common Interest Community: No
  • Geo Address Line: 8307 N Colton St
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/15/2022 4:57:59 PM
  • Geo Zoom Level: 15
  • Sr High: Mt Spokane
  • Year Renovated: 2018
  • Jr High: Mead
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily

Interior Features

  • Total Approx Sq Ft: 3800
  • Price Per Sq Ft: 157.89
  • Basement: Full, Finished, RI Bdrm, RI Bath, Daylight, Fam/Rec Rm, Lndry
  • Basement: Yes
  • Special Features: Cath Cling, Alum Wn Fr
  • Design: Contemp
  • Dining Room: Eat Bar, Kit Eat Sp
  • Family/Recreation Room: Great room, Bsmt
  • Features: 200 AMP, Breakers
  • Fireplace: Masonry, Wood
  • Kitchen Appliances: Blt in R/O, D/W, Refrig, Pantry, Washer, Dryer
  • Primary Bedroom: 2nd Flr
  • Number of Ranges: 2
  • Number of Refrigerators: 2

Exterior Features

  • Exterior: Wood
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener
  • Garage Size: 4+
  • Number Garages: 4

Utilities

  • Heating/Cooling: Elec, Basebd, El Wall Unit
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Cable Internet

Schools

  • School District: Mead
  • Elementary School: Shiloh hills
  • Middle School: Mead
  • High School: Mt Spokane
  • School District: Mead
  • Elementary School: Shiloh hills

Lot Info

  • Loc Dir E W: E
  • Loc Numberblk E W: 1
  • Estimated Lot Dimension Depth: 120
  • Estimated Lot Dimension Front: 90
  • Lot Information: Fncd Bk Yd, Spr Sys, Level
  • Parcel Number: 362032903
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr, Gas Avail-St
  • Loc Numberblk N S: 81
  • Multiple Parcels: No

Multi Family

  • Number Air Cond: 2
  • Number Of Units: 2
  • Number Units A: 1
  • Number Units B: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 15, 2022
Sold by
Helmuth Jennifer D and Helmuth Theresa G
Bought by
Thaoxaochay Christian T
Seller's Agent
Myah Allen
eXp Realty, LLC
Buyer's Agent
Emily Silcock
eXp Realty, LLC Branch
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$639,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,254
Avg. Annual Appreciation
2.03%
Original Mortgage
$510,000
Outstanding Balance
$487,702
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$151,552

Purchase Details

Closed on
Oct 3, 2013
Sold by
Helmuth Jennifer
Bought by
Helmuth Jennifer D and Allen Theresa

Purchase Details

Closed on
Oct 27, 2008
Sold by
Howerton Tyler J and Howerton Emily
Bought by
Helmuth Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,360
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Larison Pamela S
Bought by
Howerton Wayne M and Howerton Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Thaoxaochay Christian T -- Vista Title And Escrow Llc
Helmuth Jennifer D -- None Available
Helmuth Jennifer D $286,700 First American Title Ins Co
Howerton Tyler J -- First American Title Ins Co
Howerton Wayne M $210,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thaoxaochay Christian T $510,000
Previous Owner Helmuth Jennifer D $229,360
Previous Owner Howerton Wayne M $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $600,000 -4.0% $158 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $625,000 0.0% $164 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $625,000 -- $164 / 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 $5,802 $624,800 $100,000 $524,800
2024 $5,802 $594,400 $90,000 $504,400
2023 $4,059 $570,200 $75,000 $495,200
2022 $3,982 $452,600 $75,000 $377,600
2021 $3,491 $322,500 $40,000 $282,500
2020 $3,365 $293,400 $40,000 $253,400
2019 $2,791 $249,000 $30,000 $219,000
2018 $3,199 $243,800 $27,500 $216,300
2017 $2,961 $227,400 $27,500 $199,900
2016 $2,994 $221,500 $27,500 $194,000
2015 $2,602 $198,200 $27,500 $170,700
2014 -- $198,200 $27,500 $170,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202219282

Spokane Association of REALTORS®

APN: 36203.2903