$485,000
SOLD FEB 14, 2025

50 N Sierra St Unit 1202 Reno, NV 89501

Riverwalk Neighborhood
1 Bed
1 Bath
882 Sq Ft
$480/mo HOA Fee

Recently Sold

$550 Per Sq Ft

16% Below List Price

243 Days on Market

Highlights

  • Docks
  • Spa
  • City View
  • Hunter Lake Elementary School Rated A-
  • Gated Community
  • 1-minute walk to Downtown River Walk

About This Home

As of February 2025

The Palladio offers a sophisticated and exclusive lifestyle. Located at Reno’s pulse is the pinnacle of city living. This west facing, bright & open, 12th floor condo offers sweeping views of the Reno cityscape, the Truckee river and surrounding Sierra Nevada mountains. The Palladio rooftop pool overlooking the city is an unexpected indulgence., The Palladio is a luxury high-rise condominium complex right in the heart of downtown Reno on the Truckee River in the city's cultural district. In addition to breath taking views, the location offers easy walking access to restaurants, movie theaters, NV Museum of Art, Pioneer Center, Wingfield Park, Ace baseball and the University of Nevada, Reno. HOA dues include water, sewer, trash, building and pool maintenance.

Last Agent to Sell the Property

Kirsten Childers

Sierra Sotheby's Intl. Realty License #S.181322 Listed on: 05/23/2024

Sierra Sotheby's Intl. Realty

Last Buyer's Agent

Terri Cole

Coldwell Banker Select Mt Rose License #S.70831

Coldwell Banker Select Mt Rose

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Property fronts a private road
  • Creek or Stream
  • Landscaped
  • Level Lot

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • City
  • Mountain

Home Design

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

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • River Nearby
  • Docks

Location

  • Mid level unit with steps
  • Property is near a creek

Schools

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

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Air Source Heat Pump
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01153202

Community Details

Overview

  • $150 HOA Transfer Fee
  • Palladio Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,045

Year Built

Built in 2006

Lot Details

0

HOA Fees

$480 per month

Parking

1

Listing Details

  • Year Built: 2006
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 2172-o
  • Co List Office Phone: 775-384-6900
  • Directions: I-80 to Sierra st
  • Property Attached Yn: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Travertine
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: High Ceilings, Pantry
  • Window Features: Double Pane Windows, Drapes, Rods

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 1
  • View: City, Mountain(s)
  • Waterfront: Yes
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Hall
  • Cooling: Central Air, Heat Pump, Refrigerated
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01153202
  • Fencing: None
  • Lot Size Sq Ft: 871.2
  • Zoning: Mdrd

Tax Info

  • Tax Annual Amount: 3045.0

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Feb 12, 2025
Sold by
Ruiz Edward and Ruiz Edward Joseph
Bought by
Sheehy Living Trust and Sheehy
Seller's Agent
Kirsten Childers
Sierra Sotheby's Intl. Realty
Buyer's Agent
Terri Cole
Coldwell Banker Select Mt Rose
List Price
$575,000
Sold Price
$485,000
Premium/Discount to List
-$90,000
-15.65%
Total Days on Market
243
Views
96
Current Estimated Value
$485,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$971
Avg. Annual Appreciation
0.65%

Purchase Details

Closed on
Dec 13, 2023
Sold by
Ruiz Edward
Bought by
Ruiz Edward

Purchase Details

Closed on
Mar 25, 2020
Sold by
Viragh Katherine A and Viragh Katherine A
Bought by
Burke George and Burke Linda M

Purchase Details

Closed on
Feb 21, 2020
Sold by
Ruiz Edward Joseph
Bought by
Ruiz Edward Joseph and Rice Laura

Purchase Details

Listed on
Oct 25, 2019
Closed on
Oct 21, 2019
Sold by
Jeti Investments Ii Llc
Bought by
Ruiz Edward Joseph
Seller's Agent
Donna Clark
Ferrari-Lund Real Estate Reno
Buyer's Agent
Unrepresented Buyer or Seller
Non MLS Office
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$255,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2015
Closed on
Aug 11, 2015
Sold by
Solari Flora J
Bought by
Jeti Investments Ii Llc
Seller's Agent
Donna Clark
Ferrari-Lund Real Estate Reno
Buyer's Agent
Donna Clark
Ferrari-Lund Real Estate Reno
Sold Price
$1,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Mar 11, 2008
Sold by
Solari Camden D and Solari Flora J
Bought by
Solari Camden D and Solari Flora J
Source: Public Records

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Range of Values:

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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 $485,000 Ticor Title
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $1,130,000 First Centennial Reno
Bargain Sale Deed $365,000 None Available
Bargain Sale Deed $365,000 First Centennial Title Reno
Bargain Sale Deed $285,000 Western Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $485,000 -3.0% $550 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
12/21/2024 12/21/24 Price Changed $500,000 -1.0% $567 / Sq Ft
11/21/2024 11/21/24 Price Changed $505,000 -1.0% $573 / Sq Ft
10/21/2024 10/21/24 Price Changed $510,000 -1.0% $578 / Sq Ft
10/01/2024 10/01/24 Price Changed $515,000 -1.9% $584 / Sq Ft
07/21/2024 07/21/24 Price Changed $525,000 -8.7% $595 / Sq Ft
05/23/2024 05/23/24 For Sale $575,000 +57.5% $652 / Sq Ft
11/15/2019 11/15/19 Sold $365,000 0.0% $414 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $365,000 0.0% $414 / Sq Ft
09/18/2015 09/18/15 Rented $1,550 -8.6% --
09/18/2015 09/18/15 Under Contract -- -- --
08/21/2015 08/21/15 For Rent $1,695 0.0% --
08/18/2015 08/18/15 Sold $285,000 -12.3% $323 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $325,000 -- $368 / 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 $3,559 $124,151 $26,950 $97,201
2024 $3,559 $137,401 $25,340 $140,076
2023 $3,357 $134,110 $27,475 $125,453
2022 $3,046 $109,318 $22,085 $109,042
2021 $2,818 $125,603 $18,690 $106,913
2020 $2,693 $126,312 $18,410 $107,902
2019 $2,581 $100,745 $18,410 $82,335
2018 $2,483 $104,712 $16,765 $87,947
2017 $2,717 $99,481 $15,750 $83,731
2016 $2,688 $98,614 $14,980 $83,634
2015 $618 $70,984 $8,295 $62,689
2014 $2,311 $55,463 $7,910 $47,553
2013 -- $47,872 $5,786 $42,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240006263

Northern Nevada Regional MLS

APN: 011-532-02