NOT LISTED FOR SALE

Park Tower Condos 280 Island Ave Unit 1602 Reno, NV 89501

MidTown Neighborhood

Estimated Value: $625,000 - $673,000

2 Beds
2 Baths
1,651 Sq Ft
$1,288/mo HOA Fee

Last Sold August 28, 2024

Last sale price $640,000 $388 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,855/month

17 Days on Market

Highlights

  • Views of Ski Resort
  • Unit is on the top floor
  • Gated Community
  • Mount Rose K-8 School of Languages Rated A-
  • Two Primary Bedrooms
  • 1-minute walk to Barbara Bennett Park

About This Home

As of August 2024

Discover your new home with an exquisite condo right in the heart of Downtown Reno! This beautiful 2-bedroom, 2-bathroom corner unit, located on the Rooftop of Park Towers, offers 1,651 square feet of updated living space. Imagine waking up to stunning views of the Sierra Nevada Mountains, the city skyline, and the serene Truckee River, all visible from most every room or one of your two private covered balconies., Step inside to a welcoming, bright, and airy living room, complete with plush carpets and a cozy wood-burning fireplace. The kitchen is upgraded granite countertops, travertine floors, stainless steel appliances, and ample cabinet space. Both master suites feature large windows that flood the rooms with natural light, spacious walk-in closets, and beautifully updated bathrooms with stone flooring and modern fixtures. Living here means you’re just steps away from walking trails, shows, cultural events, tennis courts, fantastic restaurants, and vibrant bars. Park Towers offers exclusive amenities like a private entrance, a sun deck with some of the best views in town, and comprehensive maintenance services. Experience the best of urban living with unparalleled views and an unbeatable location. Welcome to your dream home at 280 Island Avenue, Unit 1602!

Last Agent to Sell the Property

Erika Lamb

Welcome Home License #B.143577 Listed on: 07/09/2024

Last Buyer's Agent

Cameron Argon

Cal Neva Realty License #S.197974

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,829

Year Built

  • Built in 1961

Lot Details

  • Property fronts a private road
  • Security Fence
  • Level Lot

HOA Fees

  • $1,288 Monthly HOA Fees

Property Views

  • Ski Resort
  • Woods
  • Peek-A-Boo
  • Valley
  • Park or Greenbelt

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Brick Foundation
  • Shingle Roof
  • Composition Roof
  • Asbestos
  • Masonry
  • Stucco

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Double Pane Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Tuck Under Parking
  • Common or Shared Parking
  • Assigned Parking

Outdoor Features

  • River Nearby
  • Deck
  • Patio

Schools

  • Mt. Rose Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Hot Water Heating System
  • Water Heater
  • No Water Heater

Additional Features

  • Stair Lift
  • Unit is on the top floor

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01147602

Community Details

Overview

  • Association fees include insurance, utilities
  • $150 HOA Transfer Fee
  • Ptha First Service Residential Association, Phone Number (775) 324-0777
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,829

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,288 per month

Listing Details

  • Year Built: 1961
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Corner Lot, Greenbelt, Level
  • Lot Size Acres: 0.04
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Gated, Maintenance Grounds, Maintenance Structure, Management
  • Association Fees: 1287.78
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 1937-o
  • Co List Office Phone: 775-200-1331
  • Directions: Arlington
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1651.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Mt. Rose
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1829.36
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1287.78
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.04
  • Lot Lot Size Square Feet2: 1742.4
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Construction Materials Asbestos: Yes
  • Cooling Central Air: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Gated: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Management: Yes
  • Security Features Security Fence: Yes
  • Construction Materials Stucco: Yes
  • Lot Features Corner Lot: Yes
  • Construction Materials Brick: Yes
  • View Peek: Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Fireplace Features Wood Burning Stove: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Lot Features Greenbelt: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Maintenance Structure: Yes
  • Foundation Details Brick Mortar: Yes
  • Typeof Construction Masonry4: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: PTHA First Service Residential
  • Water Body View Yes2: Yes
  • View Skirt: Yes
  • Water Body Type River: Yes
  • Appliances Electric Range: Yes
  • Lot Features Adjoins River: Yes
  • Other Equipment Intercom: Yes
  • Water Heater Recirculating: Yes
  • Water Heater None29: Yes
  • Association Details Management Company Phone5: 775-324-0777
  • Appliances Electric Oven: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Interior Amenities: Elevator, Lift or Stair Chair, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Metal Frames
  • Interior Living Area4: 1651.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Disposal2: Yes
  • Window Features Metal Frames: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Primary Bedroom Features Additional Primary Bedroom: Yes
  • Unit Level Top Floor: Yes
  • Interior Features Elevator Liftor Stair Chair: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Flat, Shingle
  • Stories: 1
  • View: City, Mountain(s), Park/Greenbelt, Peek, Ski Resort, Trees/Woods, Valley
  • Construction Type: Asbestos, Brick, Stucco
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio, Deck
  • Roof Composition: Yes
  • Roof Shingle: Yes
  • Roof Flat: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Assigned, Attached, Common, Under Building
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Parking Features Attached: Yes
  • Parking Features Under Building: Yes
  • Parking Features Common: Yes
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Kitchen, Laundry Area
  • Cooling: Central Air, Refrigerated
  • Heating: Fireplace(s), Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes
  • Heating Hot Water2: Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01147602
  • Fencing: None
  • Lot Size Sq Ft: 1742.4
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 1829.36

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 28, 2024
Sold by
Staben Kurt
Bought by
Skeb Revocable Living Trust and Staben
Seller's Agent
Erika Lamb
Welcome Home
Buyer's Agent
Cameron Argon
Cal Neva Realty
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
32
Current Estimated Value
$646,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,732
Avg. Annual Appreciation
0.98%
Original Mortgage
$340,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 23, 2024
Sold by
Jc Tompkins And Alice Tompkins Trust and Tompkins J
Bought by
Staben Kurt
Seller's Agent
Erika Lamb
Welcome Home
Buyer's Agent
Cameron Argon
Cal Neva Realty
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jun 15, 2021
Sold by
Parrino Robert and Parrino Emily
Bought by
Tompkins John Charles Chuck and Tompkins Alice
Seller's Agent
Jesse Morales
RE/MAX Professionals-Reno
Buyer's Agent
Jessica Johnson
RE/MAX Gold
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Oct 19, 2007
Sold by
Marx Lisa
Bought by
Parrino Robert and Parrino Emily

Purchase Details

Closed on
Mar 31, 2005
Sold by
Kl & J Management Co
Bought by
Marx Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2004
Sold by
280 Island Ave Llc
Bought by
Kl & J Management Co

Purchase Details

Closed on
Apr 6, 2004
Sold by
Johnson Kevin L and Johnson Rebecca G
Bought by
280 Island Avenue Llc

Purchase Details

Closed on
Apr 5, 2004
Sold by
Kromer Grady W and Kromer Cheryl L
Bought by
280 Island Avenue Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Skeb Revocable Living Trust -- Stewart Title
Skeb Revocable Living Trust -- Stewart Title
Staben Kurt $640,000 Stewart Title
Tompkins John Charles Chuck $540,000 Ticor Title Reno
Parrino Robert $350,000 First Centennial Title Co
Marx Lisa $429,000 Founders Title Company Of Nv
Kl & J Management Co $440,000 --
280 Island Avenue Llc -- First American Title
280 Island Avenue Llc $2,509,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Staben Kurt $340,000
Previous Owner Marx Lisa $544,000
Previous Owner Marx Lisa $135,000
Previous Owner Marx Lisa $181,350
Previous Owner Marx Lisa $343,200
Closed Marx Lisa $64,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $640,000 -1.5% $388 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $650,000 +20.4% $394 / Sq Ft
06/25/2021 06/25/21 Sold $540,000 -6.1% $327 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $575,000 -4.0% $348 / Sq Ft
11/11/2020 11/11/20 For Sale $599,000 0.0% $363 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $599,000 -- $363 / Sq Ft
Source: Northern Nevada Regional MLS

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 $1,829 $92,502 $44,730 $47,772
2024 $1,829 $91,590 $43,890 $47,700
2023 $1,722 $86,769 $43,085 $43,684
2022 $1,547 $68,565 $32,795 $35,770
2021 $1,399 $55,553 $20,720 $34,833
2020 $1,378 $59,036 $23,905 $35,131
2019 $1,336 $56,735 $23,905 $32,830
2018 $1,256 $45,592 $13,405 $32,187
2017 $1,245 $45,257 $13,405 $31,852
2016 $1,207 $40,650 $9,590 $31,060
2015 $299 $36,966 $6,230 $30,736
2014 $1,195 $41,108 $6,230 $34,878
2013 -- $31,755 $7,105 $24,650
Source: Public Records

Agents Affiliated with this Home

  • Erika Lamb

    Seller's Agent in 2024

    Erika Lamb

    Welcome Home

    (775) 229-6460

    2 in this area

    48 Total Sales

    Erika Lamb
    Section Image

  • C

    Buyer's Agent in 2024

    Cameron Argon

    Cal Neva Realty

    (775) 315-4150

    1 in this area

    11 Total Sales

    Cameron Argon
    Section Image
  • Jesse Morales

    Seller's Agent in 2021

    Jesse Morales

    RE/MAX

    (775) 544-4482

    1 in this area

    96 Total Sales

    Jesse Morales
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Johnson

    RE/MAX

    Section Image
See All Agents

About Park Tower Condos

Map

Source: Northern Nevada Regional MLS

MLS Number: 240008579

Northern Nevada Regional MLS

APN: 011-476-02

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 1602, Reno, NV

This home is located at 280 Island Ave Unit 1602, Reno, NV 89501 since 09 July 2024 and is currently estimated at $646,732, approximately $391 per square foot. This property was built in 1961. 280 Island Ave Unit 1602 is a home located in Washoe County with nearby schools including Mount Rose K-8 School of Languages, Darrell C Swope Middle School, and Reno High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Nearby Homes