$201,583 - $219,000
RENTED SEP 8, 2025

5020 Tahiti Way Unit 4 Reno, NV 89502

Smithridge Neighborhood
2 Beds
1 Bath
798 Sq Ft
436 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $169,900 $213 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,166/month

Highlights

  • Unit is on the top floor
  • No HOA
  • Breakfast Bar
  • Damonte Ranch High School Rated A-
  • Cooling Available
  • 2-minute walk to Jamaica Park

About This Home

As of September 2025

Available NOW!!!! Cozy two-story condo is centrally located in Reno. This condo features 2 bedrooms and 1 full bathroom. Driving distance to many parks including Jamaica Park and Mira Loma Park, Meadowood Mall, and dining. Easy access to the freeway, McCarran Blvd and bus lines. A washer, dryer and refrigerator are available for tenants use. Sorry, NO pets. Tenants are responsible for all utilities. The rent is $1295 with a $1595 security deposit and a one-time administrative fee of $195., All residents are enrolled in the Resident Benefits Package (RBP) for $55.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application.

Last Agent to Rent the Property

David Martin

Dickson Realty - Sparks License #S.66470 Listed on: 10/02/2024

Dickson Realty - Sparks

Last Renter's Agent

David Martin

Dickson Realty - Sparks License #S.66470 Listed on: 10/02/2024

Dickson Realty - Sparks

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $610

Year Built

  • Built in 1970

Lot Details

  • Landscaped
  • Backyard Sprinklers
  • Sprinklers on Timer

Interior Spaces

  • 798 Sq Ft Home
  • 2-Story Property

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Additional Parking

Location

  • Unit is on the top floor

Schools

  • Smithridge Elementary School
  • Pine Middle School
  • Wooster High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Lease Option
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 025-140-44

Community Details

Overview

  • No Home Owners Association
  • Reno Community
  • Smithridge Green 2 Subdivision
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed
  • $500 Pet Fee

Condo Details

Home Type

Condominium

Est. Annual Taxes

$610

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Horses: No
  • Lot Features: Landscaped
  • Lot Size Acres: 0.01
  • Is Senior Community?: No
  • Has H O A?: No
  • Co List Office Mls Id: 1240-o
  • Co List Office Phone: 775-685-8800
  • Subdivision Name: Smithridge Green 2
  • Directions: Jamaica
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 798.0
  • Building Stories5: 2
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Rear: Yes
  • Appliances Dishwasher: Yes
  • Sprinklers Automatic: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Smithridge
  • Tax Legal Middle Or Junior School5: Pine
  • Tax Legal High School2: Wooster
  • Association Community Association Y N4: No
  • Lot Lot Size Acres4: 0.01
  • Listing Terms Lease Option: Yes
  • Lot Lot Size Square Feet4: 435.6
  • Lot Horses Okay Y N2: No
  • Pet Information Pets Allowed Y N: Yes
  • Depositsand Fee Amounts Pet Fee Amount: 500.0
  • Tax Legal Community Name5: Reno
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Owner Pays: None, Exterior Maintenance
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar
  • Interior Features Breakfast Bar: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Unit Level Top Floor: Yes
  • Interior Living Area5: 798.0
  • Interior Fireplace Y N3: No

Exterior Features

  • Exterior Features: None
  • Stories: 2
  • Owner Pays Exterior Maintenance: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 1.0
  • Has Carport?: Yes
  • Has Attached Garage?: No
  • Parking Features: Additional Parking, Carport
  • Total Parking Spaces: 1.0
  • Parking Features Carport: Yes
  • Parking Information Garage Y N3: No
  • Parking Information Parking Total4: 1.0
  • Parking Information Carport Y N3: Yes
  • Parking Information Carport Spaces4: 1.0
  • Parking Features Additional Parking: Yes
  • Amenities Carport3: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Cooling: Electric
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Baseboard: Yes
  • Heating Electric4: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 025-140-44
  • Lot Size Sq Ft: 435.6

MLS Schools

  • Elementary School: Smithridge
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 5, 2020
Sold by
Dmaa Llc
Bought by
Trut Margaret Penniman Parker
Seller's Agent
Walter Wilkins
Rick Wilkins Realty
Buyer's Agent
Brinn Talbot
Sierra Sothebys Intl. Realty
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$210,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,246
Avg. Annual Appreciation
4.05%

Purchase Details

Closed on
Jun 15, 2011
Sold by
Lapointe Diane M
Bought by
Dmaa Llc

Purchase Details

Closed on
Feb 25, 2011
Sold by
Aurora Loan Services Llc
Bought by
Lapointe Diane M and The Diane M Lapointe Trust

Purchase Details

Closed on
Dec 30, 2010
Sold by
Basabas Nicanor and Partoza Chrisette
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 9, 2004
Sold by
Castillo Gerardo C and Alix Angelica E
Bought by
Basabas Nicanor and Partoza Crisette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2001
Sold by
Borden Walter John
Bought by
Castillo Gerardo C and Alix Angelica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
6.98%

Purchase Details

Closed on
Oct 13, 1995
Sold by
Reed William L and Reed Mary Lou
Bought by
Borden Walter John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,020
Interest Rate
7.8%
Mortgage Type
Assumption

Purchase Details

Closed on
Apr 28, 1995
Sold by
Reed Mary Lou and Reed William L
Bought by
Reed William L and Reed Mary Lou

Purchase Details

Closed on
Jan 9, 1995
Sold by
Widenoja Tomi G
Bought by
Reed William L and Reed Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
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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
Trut Margaret Penniman Parker $170,000 Toiyabe Title
Dmaa Llc -- None Available
Lapointe Diane M -- None Available
Lapointe Diane M $33,000 Ticor Title Reno
Aurora Loan Services Llc $36,000 Accommodation
Basabas Nicanor $133,000 Stewart Title Of Northern Nv
Castillo Gerardo C $61,000 First Centennial Title Co
Borden Walter John $51,000 Western Title Company Inc
Reed William L -- --
Reed William L $49,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basabas Nicanor $106,400
Previous Owner Castillo Gerardo C $48,800
Previous Owner Borden Walter John $52,020
Previous Owner Reed William L $39,200
Closed Basabas Nicanor $26,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2025 09/08/25 Rented $1,295 -13.4% --
10/02/2024 10/02/24 For Rent $1,495 -7.7% --
04/30/2024 04/30/24 Rented $1,620 +8.4% --
02/13/2024 02/13/24 For Rent $1,495 0.0% --
06/05/2020 06/05/20 Sold $169,900 0.0% $213 / Sq Ft View Prior Sale
04/29/2020 04/29/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $169,900 -- $213 / 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 $610 $29,945 $18,795 $11,150
2024 $610 $28,418 $17,115 $11,303
2023 $593 $28,542 $18,760 $9,783
2022 $549 $24,610 $16,415 $8,195
2021 $511 $18,774 $10,710 $8,064
2020 $493 $17,975 $9,975 $8,000
2019 $469 $15,718 $7,735 $7,983
2018 $448 $13,073 $4,970 $8,103
2017 $434 $12,446 $4,130 $8,316
2016 $423 $12,385 $3,920 $8,465
2015 $423 $12,059 $3,220 $8,839
2014 $410 $11,027 $2,380 $8,647
2013 -- $10,726 $1,890 $8,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240012691

Northern Nevada Regional MLS

APN: 025-140-44