$200,000
SOLD DEC 31, 2024
-- Bed
1 Bath
440 Sq Ft
$343/mo HOA Fee

Recently Sold

$455 Per Sq Ft

7% Below List Price

214 Days on Market

Highlights

  • City View
  • Great Room
  • Resident Manager or Management On Site
  • Mount Rose K-8 School of Languages Rated A-
  • Refrigerated Cooling System
  • 1-minute walk to Barbara Bennett Park

About This Home

As of December 2024

Discover downtown living at the Park Towers in the heart of Reno! 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 and 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. Furnishings are negotiable. Parking garage attached, current owner does have a parking spot, however 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.

Last Agent to Sell the Property

Jen McDonald

LPT Realty, LLC License #B.3279 Listed on: 05/03/2024

LPT Realty, LLC

Last Buyer's Agent

Sam Dykstra

RE/MAX Professionals-Reno License #S.194298

RE/MAX Professionals-Reno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $694

Year Built

  • Built in 1961

Lot Details

  • Property fronts a private road
  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $343 Monthly HOA Fees

Property Views

  • Woods

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 1 Full Bathroom
  • 440 Sq Ft Home
  • 4-Story Property
  • Vinyl Clad Windows
  • Drapes & Rods
  • Great Room
  • Laundry Room

Kitchen

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

Flooring

  • Laminate
  • Ceramic Tile

Home Security

Parking

  • Parking Available
  • Common or Shared Parking

Location

  • Mid level unit with steps

Schools

  • Hunter Lake Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 01147426

Community Details

Overview

  • Association fees include insurance, utilities
  • $150 HOA Transfer Fee
  • First Service Residential Association, Phone Number (775) 624-8805
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$694

Year Built

Built in 1961

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Year Built: 1961
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • 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, Management, Parking
  • Association Fees: 343.1
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Directions: Arlington
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 440.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Hunter Lake
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 694.23
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 343.1
  • Building Stories5: 4
  • 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
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Management: Yes
  • Water Heater Gas5: Yes
  • Sprinklers Automatic: Yes
  • View Trees Woods: 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: First Service Residential
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-624-8805
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Window Features: Drapes, Single Pane Windows, Vinyl Frames
  • Interior Living Area4: 440.0
  • Interior Fireplace Y N: No
  • Window Features Vinyl Frames: Yes
  • Window Features Drapes: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Laminate: Yes
  • Dining Room Features Great Room4: Yes
  • Family Room Features Great Room5: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Laundry Features Common Area2: Yes
  • Kitchen Features Electric Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 4
  • View: City, Mountain(s), Trees/Woods
  • Foundation Details: Slab
  • Roof Flat: 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
  • Association Amenities Parking: Yes

Utilities

  • Utilities: Internet Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric, Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Hot Water2: Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01147426
  • Fencing: None
  • Lot Size Sq Ft: 435.6
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 694.23

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Dec 30, 2024
Sold by
Sessions Oscar A
Bought by
Cacy Simon
Seller's Agent
Jen McDonald
LPT Realty, LLC
Buyer's Agent
Sam Dykstra
RE/MAX Professionals-Reno
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
190
Current Estimated Value
$204,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,573
Avg. Annual Appreciation
3.09%

Purchase Details

Listed on
May 6, 2015
Closed on
Jul 20, 2015
Sold by
Sessions Deborah
Bought by
Sessions Oscar A
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Stacie Tprivate
Solid Source Realty
List Price
$110,000
Sold Price
$102,500
Premium/Discount to List
-$7,500
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 15, 2015
Sold by
Fahy Stephen T
Bought by
Sessions Oscar A
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Stacie Tprivate
Solid Source Realty
List Price
$110,000
Sold Price
$102,500
Premium/Discount to List
-$7,500
-6.82%

Purchase Details

Closed on
Aug 7, 2003
Sold by
Shannon Patrick K
Bought by
Fahy Stephen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,800
Interest Rate
5.46%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 $200,000 Landmark Title
Bargain Sale Deed $200,000 Landmark Title
Interfamily Deed Transfer -- First Centennial Reno
Bargain Sale Deed $102,500 First Centennial Reno
Bargain Sale Deed $83,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $200,000 +0.1% $455 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $199,900 -7.0% $454 / Sq Ft
05/03/2024 05/03/24 For Sale $215,000 +109.8% $489 / Sq Ft
07/21/2015 07/21/15 Sold $102,500 -6.8% $233 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $110,000 -- $250 / 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 $734 $30,107 $17,885 $12,222
2024 $734 $29,931 $17,745 $12,186
2023 $694 $29,287 $18,095 $11,192
2022 $643 $20,860 $11,690 $9,170
2021 $606 $17,816 $8,890 $8,926
2020 $571 $17,286 $8,295 $8,991
2019 $545 $16,689 $8,295 $8,394
2018 $521 $15,568 $6,930 $8,638
2017 $494 $15,900 $6,930 $8,970
2016 $494 $14,751 $5,565 $9,186
2015 $367 $13,643 $4,235 $9,408
2014 $480 $13,651 $2,870 $10,781
2013 -- $10,652 $2,695 $7,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240005088

Northern Nevada Regional MLS

APN: 011-474-26