NOT LISTED FOR SALE

524 Island Ave Unit 3B Reno, NV 89501

MidTown Neighborhood

Estimated Value: $404,251 - $578,000

2 Beds
2 Baths
1,414 Sq Ft
$344/Sq Ft Est. Value

About This Home

This home is located at 524 Island Ave Unit 3B, Reno, NV 89501 and is currently estimated at $485,813, approximately $343 per square foot. 524 Island Ave Unit 3B is a home located in Washoe County with nearby schools including Jessie Beck Elementary School, Darrell C Swope Middle School, and Reno High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Freeman John P
Bought by
Adams David Powell
Current Estimated Value
$485,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$251,279
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$234,534

Purchase Details

Closed on
Sep 14, 2004
Sold by
Foster Edgar M
Bought by
Freeman John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2001
Sold by
Green Alan
Bought by
Foster Edgar M

Purchase Details

Closed on
Dec 31, 1997
Sold by
York Carmen C and York Gordon
Bought by
Green Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1994
Sold by
York Carmen C
Bought by
York Carmen C and York Gordon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Adams David Powell $375,000 First American Title
Freeman John P $300,000 Western Title Incorporated
Foster Edgar M $130,000 Western Title Inc
Green Alan $110,000 First American Title Co
York Carmen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams David Powell $260,000
Previous Owner Freeman John P $150,000
Previous Owner Green Alan $85,000
Source: Public Records

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 $1,510 $49,592 $27,720 $21,872
2024 $1,510 $51,170 $27,720 $23,450
2023 $1,047 $47,862 $26,355 $21,507
2022 $1,294 $46,515 $27,020 $19,495
2021 $1,258 $39,955 $19,810 $20,145
2020 $1,220 $39,049 $18,165 $20,884
2019 $1,184 $38,379 $17,325 $21,054
2018 $1,150 $33,105 $12,110 $20,995
2017 $1,117 $33,436 $12,110 $21,326
2016 $1,089 $32,344 $10,255 $22,089
2015 $1,086 $29,685 $7,875 $21,810
2014 -- $29,682 $7,175 $22,507
2013 -- $27,928 $5,355 $22,573
Source: Public Records

Map

Nevada Washoe County Reno 89501 MidTown

524 Island Ave Unit 3B, Reno, NV

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