The Montage 255 N Sierra St Unit 807 Reno, NV 89501
Downtown Reno NeighborhoodEstimated payment $2,533/month
Highlights
- Fitness Center
- Spa
- City View
- Hunter Lake Elementary School Rated A-
- Gated Community
- 3-minute walk to West Street Plaza
About This Home
Investor Opportunity. Fully leased and consistent income! Experience luxury living at The Montage, now available for sale! Nestled in the heart of downtown Reno, this stunning condo offers unparalleled comfort and convenience. Enter through a Zen-inspired lobby with 24-hour doorman service, enhanced security features, and dedicated storage for outdoor equipment. This modern unit boasts an open floor plan, high ceilings, and elegant wood flooring., The kitchen is a chef's dream, featuring contemporary cabinetry, granite countertops, and stainless steel appliances, including a refrigerator, stove/oven, built-in microwave, and dishwasher. The spacious master bedroom comes with a walk-in closet, while the master bath offers a frameless glass shower for a sleek, modern touch. Enjoy the added convenience of an in-unit laundry with a washer and dryer, and step outside onto the inviting balcony to take in breathtaking views of Downtown Reno. The Montage offers top-tier amenities, including a state-of-the-art fitness center, a heated pool with two jetted spas, stainless steel gas barbecues, parking, stainless steel gas barbecues and a fenced in dog run. Don't miss out on this rare opportunity to own a piece of Reno luxury.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,730
Year Built
- Built in 1978
Lot Details
- Property fronts a private road
- Dog Run
- Partially Fenced Property
- Landscaped
- Front and Back Yard Sprinklers
HOA Fees
- $551 Monthly HOA Fees
Parking
- 1 Car Garage
- Tuck Under Parking
- Assigned Parking
Property Views
Home Design
- Flat Roof Shape
- Slab Foundation
- Stick Built Home
- Stucco
Interior Spaces
- 806 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Great Room
- Combination Kitchen and Dining Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Laundry in Bathroom
- Dryer
- Washer
Home Security
Outdoor Features
- Spa
- Patio
- Built-In Barbecue
Location
- Mid level unit with steps
Schools
- Hunter Lake Elementary School
- Clayton Middle School
- Reno High School
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 011-551-08
- $16,440 per year additional tax assessments
Community Details
Overview
- Association fees include insurance, utilities
- $385 HOA Transfer Fee
- $150 Other Monthly Fees
- Rmi Management, Llc Association, Phone Number (702) 737-8580
- Reno Community
- The Montage Phase 1 Subdivision
- On-Site Maintenance
- Maintained Community
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Sauna
Recreation
- Community Spa
Security
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About The Montage
Home Values in the Area
Average Home Value in this Area
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 | $2,309 | $91,056 | $21,079 | $69,978 |
2024 | $2,309 | $95,528 | $19,775 | $94,692 |
2023 | $2,242 | $107,550 | $22,400 | $85,150 |
2022 | $2,050 | $93,133 | $19,425 | $73,708 |
2021 | $1,890 | $91,237 | $17,990 | $73,247 |
2020 | $1,794 | $91,632 | $17,675 | $73,957 |
2019 | $1,702 | $77,048 | $17,675 | $59,373 |
2018 | $1,576 | $72,643 | $11,970 | $60,673 |
2017 | $1,733 | $61,706 | $11,130 | $50,576 |
2016 | $1,286 | $56,891 | $9,905 | $46,986 |
2015 | $394 | $43,684 | $7,210 | $36,474 |
2014 | $1,510 | $40,270 | $6,860 | $33,410 |
2013 | -- | $30,894 | $5,040 | $25,854 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/14/2025 08/14/25 | Price Changed | $344,999 | -2.8% | $428 / Sq Ft |
07/11/2025 07/11/25 | Price Changed | $354,999 | -2.7% | $440 / Sq Ft |
01/30/2025 01/30/25 | Price Changed | $364,999 | -3.9% | $453 / Sq Ft |
09/26/2024 09/26/24 | For Sale | $379,900 | 0.0% | $471 / Sq Ft |
04/08/2014 04/08/14 | Rented | $1,295 | +3.6% | -- |
03/31/2014 03/31/14 | Under Contract | -- | -- | -- |
01/29/2014 01/29/14 | For Rent | $1,250 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Ort Co Of Nevada | |
Quit Claim Deed | -- | None Available | |
Interfamily Deed Transfer | -- | First American Title Sparks | |
Bargain Sale Deed | $108,000 | First American Title Sparks |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $950,000 | Commercial | |
Closed | $570,000 | Commercial | |
Previous Owner | $137,735,100 | Loan Amount Between One & Nine Billion |
Source: Northern Nevada Regional MLS
MLS Number: 240012466

APN: 011-551-08
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