UNDER CONTRACT
$14K PRICE DROP
Park Tower Condos 280 Island Ave Unit 607 Reno, NV 89501
MidTown NeighborhoodEstimated payment $1,560/month
--
Bed
1
Bath
440
Sq Ft
$452
Price per Sq Ft
Highlights
- City View
- Ceramic Tile Flooring
- 1-minute walk to Barbara Bennett Park
- Mount Rose K-8 School of Languages Rated A-
About This Home
SELLER TO PAY ASSESSMENT IN FULL at COE! Discover downtown living at the Park Towers in the heart of Reno! Turnkey unit situated a stone's throw from the best restaurants, shopping, and casinos that the city provides, this centrally located studio only one block from Midtown is a must-see. One of the ONLY condo buildings in downtown Reno that allows short-term rentals! Enjoy panoramic views of downtown Reno & the surrounding mountains that are sure to impress. Great for first-time homebuyers or investors., HOA covers hot and cold water, sewer, trash, heating & cooling, exterior maintenance. A party deck, conference room and library are available. **Parking garage attached, new owner will need to pay a monthly fee to obtain one - there is currently a waiting list. Spaces can be rented through the HOA.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $789
Year Built
- Built in 1961
HOA Fees
- $377 per month
Home Design
- Flat Roof Shape
Interior Spaces
- 1 Full Bathroom
- 440 Sq Ft Home
Kitchen
- Electric Range
- Microwave
Flooring
- Laminate
- Ceramic Tile
Schools
- Mt. Rose Elementary School
- Swope Middle School
- Reno High School
Utilities
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 01147326
Map
About Park Tower Condos
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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 | $789 | $30,107 | $17,885 | $12,222 |
| 2024 | $789 | $29,931 | $17,745 | $12,186 |
| 2023 | $745 | $29,287 | $18,095 | $11,192 |
| 2022 | $666 | $20,860 | $11,690 | $9,170 |
| 2021 | $611 | $17,816 | $8,890 | $8,926 |
| 2020 | $575 | $17,286 | $8,295 | $8,991 |
| 2019 | $549 | $16,689 | $8,295 | $8,394 |
| 2018 | $525 | $15,568 | $6,930 | $8,638 |
| 2017 | $506 | $15,900 | $6,930 | $8,970 |
| 2016 | $493 | $14,751 | $5,565 | $9,186 |
| 2015 | $123 | $13,643 | $4,235 | $9,408 |
| 2014 | $480 | $13,651 | $2,870 | $10,781 |
| 2013 | -- | $10,652 | $2,695 | $7,957 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | For Sale | $213,000 | +90.2% | $484 / Sq Ft |
| 09/26/2017 09/26/17 | Sold | $112,000 | 0.0% | $255 / Sq Ft |
| 08/02/2017 08/02/17 | Pending | -- | -- | -- |
| 06/28/2017 06/28/17 | For Sale | $112,000 | -- | $255 / Sq Ft |
Source: Northern Nevada Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $112,000 | Reliant Title | |
| Bargain Sale Deed | $48,500 | North American Title Reno | |
| Interfamily Deed Transfer | -- | None Available | |
| Bargain Sale Deed | $150,000 | Stewart Title Of Northern Nv | |
| Quit Claim Deed | -- | First American Title | |
| Bargain Sale Deed | $127,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,800 | New Conventional | |
| Closed | $100,800 | New Conventional | |
| Previous Owner | $127,500 | Fannie Mae Freddie Mac |
Source: Public Records
Similar Homes in Reno, NV
Source: Northern Nevada Regional MLS
MLS Number: 250001701
APN: 011-473-26
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