NOT LISTED FOR SALE

514 Island Ave Reno, NV 89501

MidTown Neighborhood

Estimated Value: $359,953 - $640,000

2 Beds
2 Baths
1,414 Sq Ft
$347/Sq Ft Est. Value

Highlights

  • Gated Community
  • View of Trees or Woods
  • High Ceiling
  • Jessie Beck Elementary School Rated A-
  • River Nearby
  • 4-minute walk to Barbara Bennett Park

About This Home

As of December 2018

Condo on the river in the heart of Downtown Reno for rent. Open and bright 2 bath, 2 bedroom 1414 sf floorplan offers plenty of room. Newly remodeled with new flooring throughout, paint, appliances, cabinets, counter tops and more. Cozy gas log fireplace in spacious living room. Washer, dryer and refrigerator included. Heating, water, trash and sewer included in rent. Private covered balcony overlooks Wingfield Park and river. Gated access private garage parking and storage area. NO PETS. Non-smoking.

Last Agent to Rent the Property

Tiffany Ross

RE/MAX Professionals-Reno License #S.170516 Listed on: 11/13/2018

RE/MAX Professionals-Reno

Last Renter's Agent

Tiffany Ross

RE/MAX Professionals-Reno License #S.170516 Listed on: 11/13/2018

RE/MAX Professionals-Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1975

Lot Details

  • Property fronts a private road
  • Property is Fully Fenced
  • Landscaped
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,414 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Schools

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

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • River Nearby
  • Ground Level

Listing and Financial Details

  • Lease Option
  • The owner pays for water, trash collection, sewer, gas, exterior maintenance, common area maintenance, association fees
  • Assessor Parcel Number 011390001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include snow removal
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Storage Space

Recreation

  • Snow Removal

Security

  • Security Service
  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,798

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1975
  • Property Type: Residential Lease
  • Horses: No
  • Lot Features: Landscaped, Level
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Storage, Security, Gated
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Arlington to Island Avenue
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1414.0
  • Building Stories5: 1
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Fencing Full2: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Construction Materials Stucco: Yes
  • Fireplace Features Gas Log: Yes
  • Construction Materials Brick: Yes
  • View Trees Woods: Yes
  • View Park Greenbelt: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Tax Legal Elementary School2: Hunter Lake
  • Tax Legal Middle Or Junior School5: Swope
  • Tax Legal High School2: Reno
  • Association Community Association Y N4: Yes
  • Listing Terms Lease Option: Yes
  • Lot View Y N5: Yes
  • Lot Horses Okay Y N2: No
  • Amenities Security7: Yes
  • Lot Features Adjoins River: Yes
  • Appliances Oven: Yes
  • Security Features Smoke Detector(s)2: Yes
  • Owner Pays Water3: Yes
  • Owner Pays Common Area Maintenance: Yes
  • Owner Pays Sewer2: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Trash Collection: Yes
  • Amenities Fence(s)2: Yes
  • Amenities Gated4: Yes
  • Amenities Security Gate(s)2: Yes
  • Amenities Storage9: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Oven, Dishwasher
  • Flooring: Laminate
  • Owner Pays: Water, Trash Collection, Sewer, Gas, Exterior Maintenance, Common Area Maintenance, Association Fees
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, High Ceilings, Pantry
  • Window Features: Blinds, Single Pane Windows
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Unit Level Ground Floor: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Flooring Laminate: Yes
  • Interior Features Wide- Width Doorways: Yes
  • Interior Living Area5: 1414.0
  • Interior Fireplace Y N3: Yes
  • Interior Features Personal Property Included Blinds2: Yes
  • Interior Features Personal Property Included Dryer2: Yes
  • Interior Features Personal Property Included Washer2: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Fireplaces Total4: 1.0

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 1
  • View: Park/Greenbelt, Trees/Woods
  • Construction Type: Brick, Stucco
  • Foundation Details: Slab
  • Roof Flat: Yes
  • Owner Pays Exterior Maintenance: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Garage Door Opener, Assigned, Attached, Under Building
  • Total Parking Spaces: 1.0
  • Parking Features Attached: Yes
  • Parking Features Under Building: Yes
  • Parking Information Garage Y N3: Yes
  • Parking Information Parking Total4: 1.0
  • Parking Information Carport Y N3: No
  • Parking Information Garage Spaces4: 1.0
  • Parking Features Assigned: Yes
  • Parking Features: Garage Door Opener2: 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, Refrigerated
  • Heating: Electric, Fireplace(s), Forced Air, Natural Gas
  • Heating Yn: 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
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 011390001
  • Fencing: Full

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Jon And Beverly Stousland Family Trust
Bought by
Gavigan Jason L
Current Estimated Value
$490,238

Purchase Details

Closed on
Apr 29, 2013
Sold by
Stousland Jon Erik
Bought by
Stousland Jon Erik and Stousland Beverly Ann
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
Gavigan Jason L -- None Listed On Document
Stousland Jon Erik -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2018 12/10/18 Rented $1,625 0.0% --
11/20/2018 11/20/18 Price Changed $1,625 -1.5% $1 / Sq Ft
11/12/2018 11/12/18 For Rent $1,650 -- --
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 $1,798 $50,864 $27,720 $23,144
2024 $1,798 $52,528 $27,720 $24,808
2023 $1,666 $49,084 $26,355 $22,729
2022 $1,541 $47,608 $27,020 $20,588
2021 $1,429 $41,080 $19,810 $21,270
2020 $1,342 $40,180 $18,165 $22,015
2019 $1,278 $39,566 $17,325 $22,241
2018 $1,220 $34,901 $12,716 $22,185
2017 $1,171 $35,251 $12,716 $22,535
2016 $1,142 $34,130 $10,768 $23,362
2015 $286 $31,421 $8,269 $23,152
2014 $1,104 $31,390 $7,534 $23,856
2013 -- $29,234 $5,355 $23,879
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2018

    Tiffany Ross

    RE/MAX

    (775) 742-2331

    1 in this area

    6 Total Sales

    Tiffany Ross
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 180016870

Northern Nevada Regional MLS

APN: 011-390-01

Nevada Washoe County Reno 89501 MidTown

514 Island Ave, Reno, NV

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