NOT LISTED FOR SALE

Park Tower Condos 280 Island Ave Unit 306 Reno, NV 89501

MidTown Neighborhood

Estimated Value: $281,876 - $295,000

1 Bed
1.5 Baths
801 Sq Ft
$560/mo HOA Fee

Last Sold October 11, 2023

Last sale price $267,000 $333 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,202/month

2 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Home Office
  • Mount Rose K-8 School of Languages Rated A-
  • Great Room
  • 1-minute walk to Barbara Bennett Park

About This Home

As of October 2023

Right in the heart of downtown Reno with views of the Truckee River and walk distancing to restaurants, bars, and nightlife. This is one of 4 units that has a back patio. Ideal Airbnb opportunity.

Last Agent to Sell the Property

Mi Gentner

RE/MAX Gold License #S.172048 Listed on: 09/29/2023

RE/MAX Gold

Last Buyer's Agent

Kristin Ryan

Dickson Realty - Caughlin License #S.194131

Dickson Realty - Caughlin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $843

Year Built

  • Built in 1961

Lot Details

  • Property fronts a private road
  • Security Fence

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Slab Foundation
  • Masonry
  • Stucco

Interior Spaces

  • 801 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Aluminum Window Frames
  • Great Room
  • Combination Kitchen and Dining Room
  • Home Office

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Bathroom

Home Security

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Water Heater
  • Internet Available
  • Phone Available

Additional Features

  • Stair Lift
  • Patio
  • Mid level unit with steps

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01147206

Community Details

Overview

  • Association fees include insurance, snow removal, utilities
  • $150 HOA Transfer Fee
  • Kenyan And Assoc Association, Phone Number (775) 674-8000
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$843

Year Built

Built in 1961

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Year Built: 1961
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level, Sloped Up
  • Lot Size Acres: 0.01
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Gated, Maintenance Grounds, Maintenance Structure
  • Association Fees: 560.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Snow Removal, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: GPS
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 801.0
  • 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: 843.22
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 560.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.01
  • Lot Lot Size Square Feet2: 435.6
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: 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 Fee Includes Snow Removal2: Yes
  • Lot Features Sloped Up: Yes
  • Security Features Security Fence: Yes
  • Construction Materials Stucco: Yes
  • Construction Materials Brick: Yes
  • Other Rooms Office Den: Yes
  • Association Amenities Maintenance Structure: Yes
  • Typeof Construction Masonry4: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Kenyan and Assoc
  • Appliances Electric Range: Yes
  • Water Heater Recirculating: Yes
  • Association Details Management Company Phone5: 775-674-8000
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Lift or Stair Chair, Pantry
  • Window Features: Blinds, Double Pane Windows, Metal Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 801.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Window Features Metal Frames: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Laundry Features In Bathroom: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Laundry Features Common Area2: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Interior Features Elevator Liftor Stair Chair: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Brick, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof Flat: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Garage, None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Parking Features Garage: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Common Area, In Bathroom, Laundry Area
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Association Fee Includes Utilities: Yes
  • Heating Radiant: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01147206
  • Fencing: None
  • Lot Size Sq Ft: 435.6
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 843.22

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 10, 2023
Sold by
Fuess Michael J
Bought by
Island Avenue 306 Llc
Seller's Agent
Mi Gentner
RE/MAX Gold
Buyer's Agent
Kristin Ryan
Dickson Realty - Caughlin
List Price
$285,000
Sold Price
$267,000
Premium/Discount to List
-$18,000
-6.32%
Views
20
Current Estimated Value
$288,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,719
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Aug 9, 2005
Sold by
Kromer Grady W and Kromer Cheryl L
Bought by
280 Island Avenue Llc

Purchase Details

Closed on
Aug 2, 2004
Sold by
280 Island Avenue Llc
Bought by
Fuess Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2003
Sold by
Kromer Grady W and Kromer Cheryl L
Bought by
280 Island Avenue Llc
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
Island Avenue 306 Llc $267,000 First American Title
280 Island Avenue Llc -- First American Title
Fuess Michael J $184,000 First American Title
280 Island Avenue Llc $1,896,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuess Michael J $26,130
Previous Owner Fuess Michael J $214,400
Previous Owner Fuess Michael J $147,200
Closed Fuess Michael J $36,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $267,000 -6.3% $333 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $285,000 -- $356 / 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 $969 $51,896 $29,155 $22,741
2024 $969 $51,637 $28,945 $22,692
2023 $896 $44,807 $24,010 $20,797
2022 $843 $36,813 $19,775 $17,038
2021 $812 $34,053 $17,465 $16,588
2020 $786 $33,141 $16,415 $16,726
2019 $763 $32,039 $16,415 $15,624
2018 $720 $25,329 $10,010 $15,319
2017 $700 $24,444 $9,275 $15,169
2016 $680 $22,195 $7,385 $14,810
2015 $673 $20,447 $5,845 $14,602
2014 $673 $22,457 $5,845 $16,612
2013 -- $14,455 $3,500 $10,955
Source: Public Records

Agents Affiliated with this Home

  • Mi Gentner

    Seller's Agent in 2023

    Mi Gentner

    RE/MAX

    (775) 741-4227

    5 in this area

    73 Total Sales

    Mi Gentner
    Section Image
  • Kristin Ryan

    Buyer's Agent in 2023

    Kristin Ryan

    Dickson Realty

    (775) 501-0361

    1 in this area

    75 Total Sales

    Kristin Ryan
    Section Image
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About Park Tower Condos

Map

Source: Northern Nevada Regional MLS

MLS Number: 230011447

Northern Nevada Regional MLS

APN: 011-472-06

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 306, Reno, NV

This home is located at 280 Island Ave Unit 306, Reno, NV 89501 since 29 September 2023 and is currently estimated at $288,719, approximately $360 per square foot. This property was built in 1961. 280 Island Ave Unit 306 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.

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