$900,000
SOLD JAN 17, 2025

50 N Sierra St Unit 704 Reno, NV 89501

Riverwalk Neighborhood
3 Beds
2 Baths
1,970 Sq Ft
$2,634/mo HOA Fee

Recently Sold

$457 Per Sq Ft

12% Below List Price

131 Days on Market

Highlights

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

About This Home

As of January 2025

Luxurious and spacious high-rise condominium at the exclusive Palladio in the heart of downtown Reno. This west facing 7th floor condo offers sweeping, floor to ceiling views of the Reno cityscape, Truckee River, and the surrounding Sierra Nevada mountains. Experience the best of Reno's cultural scene with wine walks, public art, fine dining, year-round events, and more just outside your front door., This stunning unit offers 3 bedrooms and 2 bathrooms, with an expansive great room that features a cozy fireplace, ample built-in cabinetry, multiple viewing patios, and the convenience of fully electric blinds. The kitchen boasts gorgeous stone countertops, matching stainless steel appliances, and a scenic view that makes cooking a delight. The primary bedroom is a luxurious retreat, complete with a spacious suite, a separate patio, a walk-in closet, and a lavish bathroom featuring a marble jetted bathtub, a marble shower stall, and double sinks. A convenient stackable washer and dryer are discreetly tucked away in the hall closet. The safe will be included in the sale. For a touch of luxury, the Palladio offers a rooftop infinity pool with breathtaking city views. The HOA dues cover building maintenance, personnel, pool and spa access, overnight security patrols, and utilities such as water, sewer, and trash. Additionally, the property includes 2 designated parking spots on the 4th floor for your convenience. Make this luxury condominium yours today!

Last Agent to Sell the Property

Annette Junell

Keller Williams Group One Inc. License #BS.144703 Listed on: 08/31/2024

Keller Williams Group One Inc.

Last Buyer's Agent

Alexis Thayer

RE/MAX Professionals-Sparks License #S.197410

RE/MAX Professionals-Sparks

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,498

Year Built

  • Built in 2006

HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Common or Shared Parking
  • Garage Door Opener
  • Assigned Parking

Property Views

  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Smart Thermostat

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Wall Furnace
  • No Water Heater

Additional Features

  • Spa
  • Property fronts a private road
  • Mid level unit with steps

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01152704

Community Details

Overview

  • $150 HOA Transfer Fee
  • Associa Sierra North Association, Phone Number (775) 626-7333
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,498

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,634 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Fire Sprinkler System, Keyless Entry, Smoke Detector(s)
  • Association Amenities: Gated, Maintenance Grounds, Pool, Spa/Hot Tub
  • Association Fees: 1317.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Directions: W 1st St
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1970.0
  • 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: 7497.83
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1317.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.045
  • Lot Lot Size Square Feet2: 1960.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: 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
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Gated: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Construction Materials Stucco: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Associa Sierra North
  • Appliances Electric Range: Yes
  • Water Heater None29: Yes
  • Association Details Management Company Phone5: 775-626-7333
  • Security Features Fire Sprinkler System: Yes
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Marble, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Pantry, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows
  • Interior Living Area4: 1970.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Great Room4: Yes
  • Fireplace Features Dining Room: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Flooring Marble: Yes

Exterior Features

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

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Assigned, Common, Garage, Garage Door Opener, Under Building
  • 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 Garage Door Opener: Yes
  • Parking Features Garage: Yes
  • Parking Features Under Building: Yes
  • Parking Features Common: Yes
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Wall Furnace: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01152704
  • Fencing: None
  • Lot Size Sq Ft: 1960.2
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 7497.83

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Jan 17, 2025
Sold by
Sharon W Johnson Trust and Johnson Sharon W
Bought by
Kirsch Family Trust and Kirsch
Seller's Agent
Annette Junell
Keller Williams Group One Inc.
Buyer's Agent
Alexis Thayer
RE/MAX Professionals-Sparks
List Price
$1,025,000
Sold Price
$900,000
Premium/Discount to List
-$125,000
-12.2%
Views
70
Current Estimated Value
$903,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,664
Avg. Annual Appreciation
0.86%

Purchase Details

Listed on
Dec 21, 2017
Closed on
Feb 8, 2018
Sold by
Jourdonnais Tyler
Bought by
Johnson Sharon W
Seller's Agent
Patrick Allison
eXp Realty, LLC
Buyer's Agent
Carlee Ferrari
Dickson Realty - Caughlin
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Interest Rate
4.32%

Purchase Details

Listed on
Mar 1, 2014
Closed on
Feb 20, 2015
Sold by
Adamson Ryan L
Bought by
Jourdonnais Tyler
Seller's Agent
Pamela Beko Molini
Ferrari-Lund Real Estate Reno
Buyer's Agent
Patrick Allison
eXp Realty, LLC
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Feb 9, 2010
Sold by
The Palladio Llc
Bought by
Adamson Ryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.03%
Mortgage Type
New Conventional
Source: Public Records

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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 $900,000 Ticor Title
Deed $749,000 --
Bargain Sale Deed $465,000 First Centennial Reno
Bargain Sale Deed $420,000 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $336,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $900,000 -10.0% $457 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
09/11/2024 09/11/24 Price Changed $1,000,000 -2.4% $508 / Sq Ft
08/30/2024 08/30/24 For Sale $1,025,000 +36.8% $520 / Sq Ft
02/08/2018 02/08/18 Sold $749,000 0.0% $380 / Sq Ft
12/21/2017 12/21/17 For Sale $749,000 +61.1% $380 / Sq Ft
03/19/2015 03/19/15 Sold $465,000 -6.8% $236 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $499,000 -- $253 / 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 $7,495 $285,309 $50,138 $235,171
2024 $7,495 $284,609 $47,145 $237,464
2023 $7,284 $263,651 $51,100 $212,551
2022 $6,960 $230,441 $46,200 $184,241
2021 $6,777 $226,960 $45,675 $181,285
2020 $6,640 $234,679 $51,625 $183,054
2019 $6,442 $226,225 $51,625 $174,600
2018 $6,004 $181,558 $32,270 $149,288
2017 $6,391 $159,541 $26,285 $133,256
2016 $6,329 $162,624 $26,075 $136,549
2015 $6,182 $143,533 $19,005 $124,528
2014 -- $145,583 $18,095 $127,488
2013 -- $141,369 $18,095 $123,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240011185

Northern Nevada Regional MLS

APN: 011-527-04