NOT LISTED FOR SALE

Park Tower Condos 280 Island Ave Unit 404 Reno, NV 89501

MidTown Neighborhood

Estimated Value: $315,000 - $331,000

1 Bed
2 Baths
869 Sq Ft
$495/mo HOA Fee

Last Sold August 31, 2017

Last sale price $210,075 $242 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,322/month

31 Days on Market

Highlights

  • City View
  • River Nearby
  • Separate Formal Living Room
  • Mount Rose K-8 School of Languages Rated A-
  • Wood Flooring
  • 1-minute walk to Barbara Bennett Park

About This Home

As of August 2017

Wonderful single level until facing north, with unobstructed views of the Truckee River and Wingfield Park. Perfect for all midtown and downtown events. Large living room with over sized slider to patio. Kitchen has custom range hood, tile counter tops and back splash, plenty of cabinet space and a dining nook. Master bedroom with walk in closet also overlooks the river. To full bathrooms with tub/shower combo. HOA includes all utilities except electricity, telephone and cable.

Last Agent to Sell the Property

David Wiggins

Allison James Estates & Homes Listed on: 06/19/2017

Allison James Estates & Homes

Last Buyer's Agent

Debra Bily-Nevin

Dickson Realty - Caughlin License #S.22274

Dickson Realty - Caughlin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $753

Year Built

  • Built in 1961

Lot Details

  • 436

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 869 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Separate Formal Living Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • River Nearby
  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Hot Water Heating System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Property fronts a private road
  • Mid level unit with steps

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01147212

Community Details

Overview

  • Association fees include insurance, snow removal, utilities
  • $300 HOA Transfer Fee
  • Kenyon And Associates 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

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$753

Year Built

Built in 1961

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Year Built: 1961
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.01
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Fire Sprinkler System
  • Association Amenities: Maintenance Grounds, Maintenance Structure, Management
  • Association Fees: 495.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Snow Removal, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 1931-o
  • Co List Office Phone: 775-710-3600
  • Special Conditions: Real Estate Owned
  • Directions: S Arlington
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 869.0
  • 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: 752.78
  • Tax Legal Zoning4: MUDR
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 495.0
  • 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: 300.0
  • 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
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Management: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Construction Materials Brick: Yes
  • View Park Greenbelt: 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: Kenyon and Associates
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Appliances Electric Range: Yes
  • Lot Features Adjoins River: Yes
  • Association Details Management Company Phone5: 775-674-8000
  • Security Features Fire Sprinkler System: Yes
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Oven, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: No Interior Steps, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 869.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Breakfast Nook: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features No Interior Steps: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Laundry Features Common Area2: Yes
  • Kitchen Features Electric Cooktop3: Yes

Exterior Features

  • Exterior Features: Entry Flat or Ramped Access, None
  • Roof: Flat
  • Stories: 1
  • View: City, Park/Greenbelt
  • Construction Type: Brick, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof Flat: Yes
  • Exterior Features Entry Flator Ramped Access: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Common Area, Laundry Area
  • Cooling: Central Air, Refrigerated
  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Hot Water2: Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01147212
  • Fencing: None
  • Lot Size Sq Ft: 435.6
  • Zoning: MUDR

Tax Info

  • Tax Annual Amount: 752.78

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 27, 2017
Sold by
Hsbc Bank Usa
Bought by
Ferguson Thomas
Seller's Agent
David Wiggins
Allison James Estates & Homes
Buyer's Agent
Debra Bily-Nevin
Dickson Realty - Caughlin
List Price
$198,900
Sold Price
$210,075
Premium/Discount to List
$11,175
5.62%
Current Estimated Value
$320,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,258
Avg. Annual Appreciation
5.41%
Original Mortgage
$168,060
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2016
Sold by
Park Towers Homeowners Association
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Oct 23, 2013
Sold by
Barkman Susan
Bought by
Hsbc Bank Usa and Deutsche Alt A Securities Inc

Purchase Details

Closed on
May 16, 2006
Sold by
Barkman Susan J
Bought by
Barkman Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2002
Sold by
280 Island Avenue Llc
Bought by
Barkman Dale D and Barkman Susan J
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
Ferguson Thomas $2,105,000 Servicelink
Hsbc Bank Usa Na -- None Available
Hsbc Bank Usa $183,580 Lsi Title Agency Inc
Barkman Susan -- Western Title Incorporated
Barkman Susan J -- Western Title Incorporated
280 Island Avenue Llc -- First American Title
Barkman Dale D $139,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Thomas $328,000
Closed Ferguson Thomas $168,060
Previous Owner Barkman Dale D $30,000
Previous Owner Barkman Susan $145,000
Previous Owner Barkman Dale D $70,000
Previous Owner Barkman Dale D $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $210,075 +5.6% $242 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $198,900 0.0% $229 / Sq Ft
08/17/2013 08/17/13 Rented $950 0.0% --
08/17/2013 08/17/13 Under Contract -- -- --
08/05/2013 08/05/13 For Rent $950 -- --
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 $1,025 $53,741 $29,155 $24,586
2024 $1,025 $53,474 $28,945 $24,529
2023 $928 $46,499 $24,010 $22,489
2022 $928 $38,200 $19,775 $18,425
2021 $894 $35,402 $17,465 $17,937
2020 $880 $34,499 $16,415 $18,084
2019 $840 $33,305 $16,415 $16,890
2018 $796 $26,570 $10,010 $16,560
2017 $774 $25,676 $9,275 $16,401
2016 $753 $23,407 $7,385 $16,022
2015 $745 $21,629 $5,845 $15,784
2014 $796 $23,799 $5,845 $17,954
2013 -- $16,123 $3,500 $12,623
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Wiggins

    Allison James Estates & Homes

    Section Image

  • D

    Buyer's Agent in 2017

    Debra Bily-Nevin

    Dickson Realty

    Section Image
  • Gary Edwards

    Seller's Agent in 2013

    Gary Edwards

    Dickson Realty

    (775) 313-3600

    53 Total Sales

    Gary Edwards
    Section Image
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About Park Tower Condos

Map

Source: Northern Nevada Regional MLS

MLS Number: 170008780

Northern Nevada Regional MLS

APN: 011-472-12

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 404, Reno, NV

This home is located at 280 Island Ave Unit 404, Reno, NV 89501 since 19 June 2017 and is currently estimated at $320,333, approximately $368 per square foot. This property was built in 1961. 280 Island Ave Unit 404 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.

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