$435,000
$40K PRICE DROP

50 N Sierra St Unit 605 Reno, NV 89501

Riverwalk Neighborhood

Estimated payment $3,176/month

Total Views 8,529
1 Bed
1 Bath
876 Sq Ft
$497 Price per Sq Ft

Highlights

  • Spa
  • City View
  • Wood Flooring
  • Hunter Lake Elementary School Rated A-
  • Deck
  • 1-minute walk to Downtown River Walk

About This Home

Best downtown location...walk to restaurants, park, river, theater! Enjoy the easy, downtown lifestyle in this delightful 1 bdrm, 1 bath, 1 car underground, assigned parking. Living area is spacious & open w/ good natural lighting. Kitchen has stainless appliances & plenty of cabinetry, generously sized primary bedroom/bath featuring lots of closet space, glass shower and jetted tub. Hall closet w/ stackable washer/dryer. Awesome rooftop pool/spa w/ south facing city & park views. See Extended Comments, Secured building and parking garage and partial utilities included in the HOA fees.

Listing Agent

Cindy Nitz

Ferrari-Lund Real Estate Reno License #S.43164 Listed on: 03/27/2025

Ferrari-Lund Real Estate Reno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 2007

HOA Fees

  • $612 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 876 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Open Floorplan
  • City Views

Kitchen

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

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Deck

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Air Source Heat Pump
  • Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Stair Lift
  • Security Fence
  • Mid level unit with steps

Listing and Financial Details

  • Assessor Parcel Number 011-526-05

Community Details

Overview

  • Association fees include utilities
  • $125 HOA Transfer Fee
  • Idealbk Association
  • Reno Community
  • The Palladio Subdivision
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,970

Year Built

Built in 2007

Lot Details

0

HOA Fees

$612 per month

Parking

1

Listing Details

  • Year Built: 2007
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.03
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Maintenance Grounds, Pool, Spa/Hot Tub
  • Association Fees: 612.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Subdivision Name: The Palladio
  • Directions: 1st Street
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 876.0
  • 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: 2969.93
  • Tax Legal Zoning4: md-rd
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 612.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Lot Lot Size Acres2: 0.03
  • Lot Lot Size Square Feet2: 1306.8
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 125.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Security Features Security Fence: Yes
  • Construction Materials Stucco: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: IdealBK
  • Appliances Electric Range: Yes
  • Water Heater Recirculating: Yes
  • Cooling Heat Pump: Yes
  • Appliances Electric Oven: Yes
  • Tax Legal Community Name5: Reno
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Travertine, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Elevator, Lift or Stair Chair
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods
  • Interior Living Area4: 876.0
  • Interior Fireplace Y N: No
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Laundry Features In Hall: Yes
  • Dining Room Features Living Room Combination: 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 High Ceilings6: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Dining Room Features Great Room4: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Living Room Features Dining Room Combination: Yes
  • Flooring Travertine: Yes
  • Interior Features Elevator Liftor Stair Chair: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 1
  • View: City
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Association Amenities Pool: Yes
  • Roof Flat: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Garage: Yes
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump
  • 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
  • Association Fee Includes Utilities: Yes
  • Heating Heat Pump2: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 011-526-05
  • Fencing: None
  • Lot Size Sq Ft: 1306.8
  • Zoning: md-rd

Tax Info

  • Tax Annual Amount: 2969.93

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,970 $123,853 $26,950 $96,903
2024 $2,970 $137,059 $25,340 $139,648
2023 $2,812 $133,783 $27,475 $125,068
2022 $2,541 $109,051 $22,085 $108,708
2021 $2,351 $125,273 $18,690 $106,583
2020 $2,253 $125,981 $18,410 $107,571
2019 $2,162 $100,493 $18,410 $82,083
2018 $1,968 $96,975 $14,455 $82,520
2017 $2,118 $72,510 $9,905 $62,605
2016 $2,050 $66,769 $9,450 $57,319
2015 $1,857 $43,105 $6,650 $36,455
2014 $1,920 $55,199 $7,910 $47,289
2013 -- $38,380 $5,828 $32,552
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $435,000 -3.3% $497 / Sq Ft
04/22/2025 04/22/25 Price Changed $450,000 -5.3% $514 / Sq Ft
03/26/2025 03/26/25 For Sale $475,000 0.0% $542 / Sq Ft
02/12/2019 02/12/19 Rented $1,600 0.0% --
01/04/2019 01/04/19 For Rent $1,600 +33.3% --
02/20/2016 02/20/16 Rented $1,200 0.0% --
02/20/2016 02/20/16 Under Contract -- -- --
11/25/2015 11/25/15 For Rent $1,200 0.0% --
02/07/2012 02/07/12 Sold $101,000 -21.5% $115 / Sq Ft
12/14/2011 12/14/11 Pending -- -- --
07/21/2011 07/21/11 For Sale $128,700 -- $147 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $120,000 Ticor Title Reno
Bargain Sale Deed $101,000 Ticor Title Reno Main
Trustee Deed $124,880 First American National Defa
Bargain Sale Deed $286,500 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,750 New Conventional
Previous Owner $229,000 Purchase Money Mortgage
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250003755

Northern Nevada Regional MLS

APN: 011-526-05