$318,000
SOLD DEC 31, 2024

Park Tower Condos 280 Island Ave Unit 703 Reno, NV 89501

MidTown Neighborhood
2 Beds
2 Baths
1,321 Sq Ft
$1,030/mo HOA Fee

Recently Sold

$241 Per Sq Ft

3% Below List Price

49 Days on Market

Highlights

  • Gated Community
  • City View
  • Clubhouse
  • Mount Rose K-8 School of Languages Rated A-
  • River Nearby
  • 1-minute walk to Barbara Bennett Park

About This Home

As of December 2024

Priced for a quick sale! The best Truckee River views & Spectacular City views available in the heart of downtown Reno. Updated 2 bedroom 2 bath unit across from Wingfield Park and offers city living at its finest. Walking distance to the movie theater, countless restaurants, entertainment, event, shows, casinos, gyms, art town & bars. On the 7th floor and has the most picture perfect views! The balcony is a great place to enjoy the views and breathtaking sunsets! HOA covers water, sewer, trash, A/C & heat.

Last Agent to Sell the Property

Dan Berg

Sierra Nevada Properties-Reno License #BS.143314 Listed on: 10/22/2024

Sierra Nevada Properties-Reno

Last Buyer's Agent

Dan Berg

Sierra Nevada Properties-Reno License #BS.143314 Listed on: 10/22/2024

Sierra Nevada Properties-Reno

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 1961

Lot Details

  • Security Fence
  • Level Lot

HOA Fees

  • $1,030 Monthly HOA Fees

Parking

  • Tuck Under Parking

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Great Room
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • River Nearby
  • Patio

Location

  • Mid level unit with steps

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01147311

Community Details

Overview

  • Association fees include insurance, utilities
  • $250 HOA Transfer Fee
  • First Service Residential Association
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,667

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,030 per month

Listing Details

  • Year Built: 1961
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Lot Features: Corner Lot, Level
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Gated, Maintenance Structure, Security, Clubhouse/Recreation Room
  • Association Fees: 1030.38
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 1433-o
  • Co List Office Phone: 775-689-8228
  • Directions: Arlington
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1321.0
  • 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: 1667.01
  • Tax Legal Zoning4: Mdrd
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1030.38
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 250.0
  • 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
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: 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 Clubhouse Recreation Room: Yes
  • Security Features Security Fence: Yes
  • Construction Materials Stucco: Yes
  • Lot Features Corner Lot: Yes
  • View Trees Woods: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Maintenance Structure: Yes
  • Association Amenities Security: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: First Service Residential
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Appliances Electric Range: Yes
  • Appliances Electric Oven: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Laminate, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Window Features: Blinds, Drapes, Rods, Single Pane Windows
  • Interior Living Area4: 1321.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Rods: 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
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes
  • Laundry Features Common Area2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 1
  • View: City, Mountain(s), Park/Greenbelt, Trees/Woods
  • Construction Type: 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: Under Building
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Parking Features Under Building: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Common Area, Laundry Area
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, 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
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Hot Water2: Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01147311
  • Fencing: None
  • Zoning: Mdrd

Tax Info

  • Tax Annual Amount: 1667.01

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Dec 23, 2024
Sold by
Spalthoff Daniel Robert
Bought by
Wilson Family Trust and Wilson
Seller's Agent
Dan Berg
Sierra Nevada Properties-Reno
Buyer's Agent
Dan Berg
Sierra Nevada Properties-Reno
List Price
$329,000
Sold Price
$318,000
Premium/Discount to List
-$11,000
-3.34%
Views
114
Current Estimated Value
$323,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,001
Avg. Annual Appreciation
2.19%

Purchase Details

Listed on
Jun 20, 2020
Closed on
Oct 19, 2020
Sold by
Vallier Susan D and Kenney Robert J
Bought by
Spalthoff Daniel Robert
Seller's Agent
Janae Scott
Dickson Realty - Damonte Ranch
Buyer's Agent
Dan Berg
Sierra Nevada Properties-Reno
List Price
$339,500
Sold Price
$290,000
Premium/Discount to List
-$49,500
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%

Purchase Details

Closed on
May 30, 2006
Sold by
Kenney Heidi M
Bought by
Kenney Heidi M and Heidi Kenney Trust

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
Jul 12, 2005
Sold by
Cavin Donald Roy
Bought by
Kenney Wilma M and Kenney Robert J

Purchase Details

Closed on
Jul 7, 2005
Sold by
Kenney Laura A
Bought by
Kenney Robert J

Purchase Details

Closed on
Jul 6, 2005
Sold by
Vallier Garry T
Bought by
Vallier Susan D

Purchase Details

Closed on
Jul 22, 2003
Sold by
280 Island Avenue Llc
Bought by
Cavin Donald Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.15%
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.15%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Bargain Sale Deed $318,000 First American Title
Bargain Sale Deed $318,000 First American Title
Bargain Sale Deed $287,000 First Centennial Title Reno
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- First American Title
Bargain Sale Deed $475,000 Western Title Incorporated
Interfamily Deed Transfer -- Western Title Incorporated
Interfamily Deed Transfer -- Western Title Incorporated
Interfamily Deed Transfer -- Western Title Incorporated
Bargain Sale Deed $180,000 First American Title
Bargain Sale Deed $1,276,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $318,000 -3.3% $241 / Sq Ft
12/31/2024 12/31/24 For Sale $329,000 +3.5% $249 / Sq Ft
12/20/2024 12/20/24 Off Market $318,000 -- --
12/10/2024 12/10/24 Pending -- -- --
11/23/2024 11/23/24 Price Changed $329,000 -5.7% $249 / Sq Ft
11/22/2024 11/22/24 For Sale $349,000 +9.7% $264 / Sq Ft
11/21/2024 11/21/24 Off Market $318,000 -- --
11/14/2024 11/14/24 Price Changed $349,000 -2.8% $264 / Sq Ft
11/08/2024 11/08/24 Price Changed $359,000 -1.6% $272 / Sq Ft
11/07/2024 11/07/24 For Sale $365,000 +14.8% $276 / Sq Ft
11/06/2024 11/06/24 Off Market $318,000 -- --
10/22/2024 10/22/24 For Sale $365,000 +25.9% $276 / Sq Ft
10/20/2020 10/20/20 Sold $290,000 -6.4% $220 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $309,900 -4.5% $235 / Sq Ft
08/15/2020 08/15/20 Price Changed $324,500 -3.0% $246 / Sq Ft
07/21/2020 07/21/20 Price Changed $334,500 -1.5% $253 / Sq Ft
06/30/2020 06/30/20 For Sale $339,500 -- $257 / 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 $1,667 $81,641 $44,730 $36,911
2024 $1,667 $80,699 $43,890 $36,809
2023 $1,571 $76,871 $43,085 $33,786
2022 $1,411 $60,478 $32,795 $27,683
2021 $1,272 $47,668 $20,720 $26,948
2020 $1,221 $51,056 $23,905 $27,151
2019 $1,166 $49,258 $23,905 $25,353
2018 $1,076 $38,258 $13,405 $24,853
2017 $1,054 $38,037 $13,405 $24,632
2016 $1,019 $33,698 $9,590 $24,108
2015 $251 $29,923 $6,230 $23,693
2014 $1,003 $33,248 $6,230 $27,018
2013 -- $26,031 $7,105 $18,926
Source: Public Records

Agents Affiliated with this Home

  • Dan Berg

    Seller's Agent in 2024

    Dan Berg

    Sierra Nevada Properties

    (775) 848-2043

    5 in this area

    200 Total Sales

    Dan Berg
    Section Image
  • Janae Scott

    Seller's Agent in 2020

    Janae Scott

    Dickson Realty

    (775) 287-9874

    1 in this area

    54 Total Sales

    Janae Scott
    Section Image
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About Park Tower Condos

Map

Source: Northern Nevada Regional MLS

MLS Number: 240013562

Northern Nevada Regional MLS

APN: 011-473-11

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 703, Reno, NV

This home is located at 280 Island Ave Unit 703, Reno, NV 89501 and is currently priced at $318,000, approximately $240 per square foot. This property was built in 1961. 280 Island Ave Unit 703 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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