NOT LISTED FOR SALE

50 N Sierra St Unit 1204 Reno, NV 89501

Riverwalk Neighborhood

Estimated Value: $1,048,000 - $1,408,077

3 Beds
2 Baths
2,087 Sq Ft
$880/mo HOA Fee

Last Sold October 06, 2017

Last sale price $840,000 $402 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,221/month

10 Days on Market

Highlights

  • In Ground Pool
  • City View
  • Deck
  • Hunter Lake Elementary School Rated A-
  • River Nearby
  • 1-minute walk to Downtown River Walk

About This Home

As of October 2017

Relax and Enjoy the Many Comforts of this Luxury Residence located on the northwest corner 12th floor of the Palladio, Reno’s Premier High-rise. Features Expansive Floor to Ceiling Windows for Extraordinary Views of the Mountains, City, Valley and River. Stunning quality finishes include distressed Mahogany Flooring, Custom Crown Molding, Solid Alder Doors, Expansive Granite Breakfast Bar, Wine Bar, and Custom Lighting. Sunny Great Room is completed with a media center, library, SEE EXTENDED REMARKS, Ecosmart Fireplace, Large Dining Area. Relax in luxury in the Spacious Master Suite Competed with Two person Spa, Dual Vanities, Two Closets, One is Custom Walk In. Two Parking Spaces and One Storage Unit Included. HOA includes infinity swimming pool, utilities with the exception of the electricity, phone and cable. `

Last Agent to Sell the Property

Donna Luchetti

Dickson Realty - Caughlin License #S.5608 Listed on: 08/07/2017

Dickson Realty - Caughlin

Last Buyer's Agent

Brie Forrester

Dickson Realty - Downtown License #S.178488

Dickson Realty - Downtown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 2006

Lot Details

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

HOA Fees

  • $880 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City
  • Woods
  • Mountain
  • Valley
  • Park or Greenbelt

Home Design

  • Brick or Stone Veneer
  • Slab Foundation
  • Pitched Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,087 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Drapes & Rods
  • Blinds
  • Aluminum Window Frames
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry in Hall

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • River Nearby
  • Deck

Location

  • Ground Level

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Gas 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 01153204

Community Details

Overview

  • Association fees include snow removal, utilities
  • $150 HOA Transfer Fee
  • Ebmc Association, Phone Number (775) 828-3664
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,680

Year Built

Built in 2006

Lot Details

0

HOA Fees

$880 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Association Amenities: Landscaping, Maintenance Grounds, Maintenance Structure, Pool, Spa/Hot Tub
  • Association Fees: 879.84
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 136-o
  • Co List Office Phone: 775-746-7000
  • Directions: First & Sierra On River
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 2087.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Hunter Lake
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 6679.96
  • Tax Legal Zoning4: MUDR
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 879.84
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • 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
  • Lot Features Sprinklers In Rear: 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
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: 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
  • Association Amenities Spa Hot Tub: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: EBMC
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Construction Materials Masonry Veneer: Yes
  • Appliances Electric Range: Yes
  • Other Equipment Intercom: Yes
  • Association Details Management Company Phone5: 775-828-3664
  • Cooling Heat Pump: Yes
  • Appliances Electric Oven: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
  • Flooring: Carpet, Travertine, Wood
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Kitchen Island, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Low-Emissivity Windows, Metal Frames, Rods
  • Interior Living Area4: 2087.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Laundry Features In Hall: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: 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
  • Primary Bedroom Features Garden Tub: Yes
  • Fireplace Features Family Room: Yes
  • Window Features Metal Frames: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Great Room4: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Family Room Features Great Room5: Yes
  • Flooring Travertine: Yes

Exterior Features

  • Roof: Pitched
  • Stories: 1
  • View: City, Mountain(s), Park/Greenbelt, Trees/Woods, Valley
  • Pool Features: In Ground
  • Construction Type: Stucco, Masonry Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Pool Features In Ground: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes
  • Parking Features Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Cooling: Central Air, Electric, Heat Pump, Refrigerated
  • Heating: Electric, Fireplace(s), Forced Air, Heat Pump, Natural Gas
  • 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 Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Fireplace(s): Yes
  • Association Fee Includes Utilities: Yes
  • Heating Heat Pump2: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 01153204
  • Fencing: None
  • Zoning: MUDR

Tax Info

  • Tax Annual Amount: 6679.96

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 3, 2017
Sold by
Lakeshore House Limited Partnership
Bought by
Stardust Living Llc
Seller's Agent
Donna Luchetti
Dickson Realty - Caughlin
Buyer's Agent
Brie Forrester
Dickson Realty - Downtown
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Current Estimated Value
$1,228,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,039
Avg. Annual Appreciation
4.63%
Original Mortgage
$588,000
Outstanding Balance
$127,530
Interest Rate
3.78%
Mortgage Type
Commercial
Estimated Equity
$1,077,000

Purchase Details

Closed on
Jan 31, 2013
Sold by
Wingfield Nevada Group Holding Company L
Bought by
The Lakeshore House Lp

Purchase Details

Closed on
Oct 22, 2010
Sold by
Damonte View Llc
Bought by
Wingfield Nevada Group Holding Company L

Purchase Details

Closed on
Jan 18, 2008
Sold by
The Palladio Llc
Bought by
Damonte View Llc
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 Buyer Sale Price Title Company
Stardust Living Llc $840,000 First Centennial Reno
The Lakeshore House Lp $650,000 None Available
Wingfield Nevada Group Holding Company L $500,000 Northern Nevada Title Cc
Damonte View Llc $875,000 First American Title Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stardust Living Llc $588,000
Closed Stardust Living Llc $588,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $840,000 -1.2% $402 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $850,000 -- $407 / 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 $9,574 $294,512 $50,138 $244,375
2024 $9,574 $293,858 $47,145 $246,713
2023 $8,927 $271,980 $51,100 $220,880
2022 $8,206 $237,671 $46,200 $191,471
2021 $7,666 $234,100 $45,675 $188,425
2020 $7,306 $241,828 $51,625 $190,203
2019 $6,972 $233,024 $51,625 $181,399
2018 $6,414 $187,371 $32,270 $155,101
2017 $6,747 $164,775 $26,285 $138,490
2016 $6,680 $168,098 $26,075 $142,023
2015 $6,529 $148,419 $19,005 $129,414
2014 $6,412 $152,621 $18,095 $134,526
2013 -- $148,185 $18,095 $130,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 170011619

Northern Nevada Regional MLS

APN: 011-532-04