NOT LISTED FOR SALE

506 Island Ave Unit 2D Reno, NV 89501

MidTown Neighborhood

Estimated Value: $605,300 - $737,000

2 Beds
2 Baths
1,678 Sq Ft
$525/mo HOA Fee

Last Sold April 28, 2022

Last sale price $635,000 $378 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,100/month

83 Days on Market

Highlights

  • Gated Community
  • City View
  • Wood Flooring
  • Jessie Beck Elementary School Rated A-
  • River Nearby
  • 4-minute walk to Barbara Bennett Park

About This Home

As of April 2022

Beautiful condo overlooking the Truckee River! This gorgeous two bedroom condo features an enclosed balcony sunroom, with windows that open to overlook the River, Mountains, and the City. Enjoy the music from Wingfield Park and the sound of the river from the comfort of your home! The large kitchen features granite countertops, a double oven and plenty of cabinet space. Two designated parking spaces and storage unit. Don't miss this rare opportunity to enjoy mid-town living in a quiet tucked away building!, One bedroom has been converted into a large family room, but could easily be put back to make this a two bedroom again.

Last Agent to Sell the Property

Tayler Riley

eXp Realty, LLC License #S.184884 Listed on: 12/10/2021

eXp Realty, LLC

Last Buyer's Agent

Michelle Goode

LPT Realty, LLC License #S.182483

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1975

Lot Details

  • Security Fence
  • Partially Fenced Property
  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Assigned Parking

Property Views

  • City
  • Woods
  • Mountain
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Tile Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer
  • Shelves in Laundry Area

Home Security

Accessible Home Design

  • Sliding Shelves
  • Stair Lift
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Level Entry For Accessibility

Schools

  • Beck Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • River Nearby
  • Mid level unit with steps

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01139011
  • $48,455 per year additional tax assessments

Community Details

Overview

  • Association fees include insurance, snow removal, utilities
  • $200 HOA Transfer Fee
  • Wingfield Park HOA, Phone Number (775) 284-4434
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area

Recreation

  • Snow Removal
  • Tennis Courts

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,508

Year Built

Built in 1975

Lot Details

0

HOA Fees

$525 per month

Parking

2

Listing Details

  • Year Built: 1975
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.01
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Gated, Landscaping, Maintenance Grounds, Maintenance Structure
  • Association Fees: 525.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Snow Removal, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 2367-o
  • Co List Office Phone: 702-727-1050
  • Directions: Arlington
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1678.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Beck
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1507.71
  • Tax Legal Zoning4: MF30
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 525.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.01
  • Lot Lot Size Square Feet2: 435.6
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: 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
  • 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
  • Association Fee Includes Snow Removal2: Yes
  • Fencing Partial2: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • View Trees Woods: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Landscaping: Yes
  • Association Amenities Maintenance Structure: Yes
  • Lot Features Common Area3: Yes
  • Unit Level Mid Level: Yes
  • Other Rooms Sunroom: Yes
  • Fireplace Features Gas4: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Wingfield Park HOA
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Appliances Electric Range: Yes
  • Lot Features Adjoins River: Yes
  • Association Details Management Company Phone5: 775-284-4434
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Tax Legal Tax Other Annual Assessment Amount3: 48455.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Interior Amenities: Breakfast Bar, Elevator, Lift or Stair Chair, No Interior Steps, Pantry, Primary Downstairs, Sliding Shelves, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Single Pane Windows, Vinyl Frames
  • Interior Living Area4: 1678.0
  • 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
  • Window Features Vinyl Frames: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Laundry Features In Hall: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Laundry Features Shelves: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Interior Features Wide- Width Doorways: Yes
  • Interior Features No Interior Steps: Yes
  • Living Room Features Dining Room Combination: Yes
  • Interior Features Sliding Shelves: Yes
  • Kitchen Features Built- In Double Oven: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Interior Features Elevator Liftor Stair Chair: Yes

Exterior Features

  • Exterior Features: Entry Flat or Ramped Access, Tennis Court(s)
  • Roof: Tile
  • Stories: 1
  • View: City, Mountain(s), Park/Greenbelt, Trees/Woods
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Roof Tile3: Yes
  • Exterior Features Entry Flator Ramped Access: Yes
  • Exterior Features Tennis Court(s)3: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Assigned, 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 Assigned: Yes

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, Laundry Area, Shelves
  • Cooling: Central Air, Refrigerated
  • Heating: Fireplace(s), Forced Air, 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 Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01139011
  • Fencing: Partial
  • Lot Size Sq Ft: 435.6
  • Zoning: MF30

Tax Info

  • Tax Annual Amount: 1507.71

MLS Schools

  • Elementary School: Beck
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2003
Sold by
Beer Peter L
Bought by
Beer Patricia
Current Estimated Value
$655,575

Purchase Details

Closed on
Aug 23, 1999
Sold by
Vogel Patricia
Bought by
Vogel Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
7.56%

Purchase Details

Closed on
Sep 23, 1998
Sold by
Bank Of America Nt & Sa
Bought by
Vogel Patricia and Patricia Vogel Family Trust

Purchase Details

Closed on
Aug 10, 1994
Sold by
Paul R Helms & Associates Inc
Bought by
Bank Of America and Patricia L Vogel Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.65%
Source: Public Records

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 Buyer Sale Price Title Company
Beer Patricia -- Western Title Incorporated
Beer Patricia -- Western Title Incorporated
Vogel Patricia -- Chicago Title Co
Vogel Patricia -- --
Bank Of America $115,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vogel Patricia $123,750
Previous Owner Bank Of America $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $635,000 -9.2% $378 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
01/20/2022 01/20/22 Price Changed $699,000 -2.8% $417 / Sq Ft
01/05/2022 01/05/22 Price Changed $719,000 -4.1% $428 / Sq Ft
12/09/2021 12/09/21 For Sale $750,000 -- $447 / 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 $1,647 $74,043 $47,124 $26,919
2024 $1,264 $75,985 $47,124 $28,861
2023 $1,264 $71,235 $44,804 $26,432
2022 $1,551 $56,323 $32,424 $23,899
2021 $1,508 $48,455 $23,772 $24,683
2020 $1,462 $47,330 $21,798 $25,532
2019 $1,419 $46,608 $20,790 $25,818
2018 $1,378 $45,352 $19,551 $25,801
2017 $1,338 $45,795 $19,551 $26,244
2016 $1,305 $43,862 $16,562 $27,300
2015 $1,302 $39,760 $12,740 $27,020
2014 $1,264 $38,942 $11,564 $27,378
2013 -- $33,479 $6,160 $27,319
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tayler Riley

    eXp Realty, LLC

    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Goode

    LPT Realty, LLC

    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    Jodi Goldie

    LPT Realty, LLC

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 210017778

Northern Nevada Regional MLS

APN: 011-390-11

Nevada Washoe County Reno 89501 MidTown

506 Island Ave Unit 2D, Reno, NV

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