NOT LISTED FOR SALE

Park Tower Condos 280 Island Ave Unit 802 Reno, NV 89501

MidTown Neighborhood

Estimated Value: $257,000 - $276,000

1 Bed
1 Bath
751 Sq Ft
$856/mo HOA Fee

Last Sold March 30, 2018

Last sale price $249,000 $332 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,405/month

79 Days on Market

Highlights

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

About This Home

As of March 2018

Gorgeous turn-key unit in historical Park Towers in downtown Reno. Stunningly remodeled with only the best of finishes. Top of the line kitchen features fridge and freezer drawers, built in coffee maker, tons of storage, & a large granite island that looks over the living room, dining nook, and wonderful views of downtown Reno, the Sierra Mountains, & the Truckee River. This unit features a large bedroom and a spacious, updated bathroom. Entire condo renovated in 2006 with custom lighting & upgrades galore!, Wonderful location close to shopping, entertainment, and the Wingfield Park. Kitchen freezer/refrigerator is "drawer style" not freestanding. Water purifier for instant hot. All utilities except for electricity and cable/internet are paid by the HOA. There is a laundry room on the second floor in the building.

Last Agent to Sell the Property

Lori Welsh

Dickson Realty - Caughlin License #S.34943 Listed on: 12/12/2017

Dickson Realty - Caughlin

Last Buyer's Agent

Janae Scott

Dickson Realty - Damonte Ranch License #S.47400

Dickson Realty - Damonte Ranch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $874

Year Built

  • Built in 1961

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

Property Views

  • Woods
  • Valley
  • Park or Greenbelt

Home Design

  • Flat Roof Shape
  • Brick or Stone Veneer
  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 751 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Home Security

Parking

  • Attached Garage
  • Tuck Under Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • No Water Heater
  • Cable TV Available

Additional Features

  • River Nearby
  • Mid level unit with steps

Listing and Financial Details

  • Assessor Parcel Number 01147318

Community Details

Overview

  • Association fees include insurance, utilities
  • $150 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

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$874

Year Built

Built in 1961

Lot Details

0

HOA Fees

$856 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: Smoke Detector(s)
  • Association Amenities: Landscaping, Maintenance Grounds, Maintenance Structure, Clubhouse/Recreation Room
  • Association Fees: 428.07
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 136-o
  • Co List Office Phone: 775-746-7000
  • Directions: Arlington to Island Ave
  • Has Fireplace?: No
  • Living Area: 751.0
  • 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: 873.71
  • Tax Legal Zoning4: MUDR
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 428.07
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: No
  • 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
  • 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 Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Other Rooms Entrance Foyer2: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Landscaping: Yes
  • Association Amenities Maintenance Structure: 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
  • Construction Materials Masonry Veneer: Yes
  • Lot Features Adjoins River: Yes
  • Water Heater None29: Yes
  • Association Details Management Company Phone5: 775-674-8000
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
  • Flooring: Carpet, Travertine, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Window Features: Blinds, Metal Frames, Single Pane Windows
  • Interior Living Area4: 751.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: 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
  • Family Room Features Great Room5: Yes
  • Laundry Features Common Area2: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Flooring Travertine: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 1
  • View: City, Mountain(s), Park/Greenbelt, Trees/Woods, Valley
  • Construction Type: Masonry Veneer
  • Foundation Details: Slab
  • Roof Flat: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Common Area, Laundry Area
  • Heating: Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water 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: 01147318
  • Fencing: None
  • Lot Size Sq Ft: 435.6
  • Zoning: MUDR

Tax Info

  • Tax Annual Amount: 873.71

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Mar 27, 2018
Sold by
Ryten Proeprties Llc
Bought by
Yale Stephen G and Yale Diana F
Seller's Agent
Lori Welsh
Dickson Realty - Caughlin
Buyer's Agent
Janae Scott
Dickson Realty - Damonte Ranch
List Price
$292,000
Sold Price
$249,000
Premium/Discount to List
-$43,000
-14.73%
Current Estimated Value
$263,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,042
Avg. Annual Appreciation
0.75%

Purchase Details

Closed on
Nov 13, 2013
Sold by
Curtis Paul S and Curtis Christine L
Bought by
Ryten Properties Llc

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
Mar 18, 2004
Sold by
280 Island Avenue Llc
Bought by
Curtis Paul S and Curtis Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 2003
Sold by
Johnson Kevin L and Johnson Rebecca G
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
Yale Stephen G $249,000 First Centennial Reno
Ryten Properties Llc -- None Available
280 Island Avenue Llc -- First American Title
Curtis Paul S $126,000 First American Title
280 Island Avenue Llc $599,850 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curtis Paul S $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $249,000 0.0% $332 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/24/2018 02/24/18 Price Changed $249,000 -10.6% $332 / Sq Ft
01/24/2018 01/24/18 Price Changed $278,500 -4.6% $371 / Sq Ft
12/12/2017 12/12/17 For Sale $292,000 -- $389 / 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 $1,153 $50,006 $29,155 $20,851
2024 $1,153 $49,734 $28,945 $20,789
2023 $1,109 $43,103 $24,010 $19,093
2022 $1,051 $35,420 $19,775 $15,645
2021 $1,016 $33,453 $17,465 $15,988
2020 $988 $33,283 $16,415 $16,868
2019 $962 $32,877 $16,415 $16,462
2018 $899 $26,844 $10,010 $16,834
2017 $874 $26,659 $9,275 $17,384
2016 $854 $25,095 $7,385 $17,710
2015 $425 $23,898 $5,845 $18,053
2014 $847 $26,128 $5,845 $20,283
2013 -- $18,522 $3,500 $15,022
Source: Public Records

Agents Affiliated with this Home

  • Lori Welsh

    Seller's Agent in 2018

    Lori Welsh

    Dickson Realty

    (775) 771-6574

    2 in this area

    225 Total Sales

    Section Image
  • Janae Scott

    Buyer's Agent in 2018

    Janae Scott

    Dickson Realty

    (775) 287-9874

    2 in this area

    56 Total Sales

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About Park Tower Condos

Map

Source: Northern Nevada Regional MLS

MLS Number: 170017186

Northern Nevada Regional MLS

APN: 011-473-18

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 802, Reno, NV

This home is located at 280 Island Ave Unit 802, Reno, NV 89501 since 12 December 2017 and is currently estimated at $263,042, approximately $350 per square foot. This property was built in 1961. 280 Island Ave Unit 802 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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