$70,000
SOLD MAY 9, 2025

567 W 4th St Unit 403 Reno, NV 89503

Downtown Reno Neighborhood
1 Bed
1 Bath
557 Sq Ft
$925/mo HOA Fee

Recently Sold

$126 Per Sq Ft

44% Below List Price

409 Days on Market

Highlights

  • City View
  • Clubhouse
  • Community Pool
  • Reno High School Rated A
  • Great Room
  • Refrigerated Cooling System

About This Home

As of May 2025

Centrally located condo in the middle of the up and coming Neon District. With view of downtown Reno and the snow-capped Sierras, this one bedroom unit offers wonderful value for any buyer. The HOA is nearly all encompassing, covering the bulk of your utilities and offering extensive amenities such as a pool, rec room, garage parking, abundant storage, laundry, security, and more.

Last Agent to Sell the Property

Natalie Richardson

Dickson Realty - Damonte Ranch License #BS.146371 Listed on: 03/15/2024

Dickson Realty - Damonte Ranch

Last Buyer's Agent

Natalie Richardson

Dickson Realty - Damonte Ranch License #BS.146371 Listed on: 03/15/2024

Dickson Realty - Damonte Ranch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $375

Year Built

  • Built in 1976

HOA Fees

  • $925 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Insulated Concrete Forms

Interior Spaces

  • 557 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Carpet
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • No Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 00744304

Community Details

Overview

  • Association fees include insurance, utilities
  • $150 HOA Transfer Fee
  • Reno Property Management Association, Phone Number (775) 329-7070
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$375

Year Built

Built in 1976

Lot Details

0

HOA Fees

$925 per month

Listing Details

  • Year Built: 1976
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.01
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Maintenance Grounds, Maintenance Structure, Management, Parking, Pool, Security, Clubhouse/Recreation Room
  • Association Fees: 925.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 824-o
  • Co List Office Phone: 775-850-7000
  • Directions: on 4th between Ralston and Washington
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 557.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Elmcrest
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 375.13
  • Tax Legal Zoning4: MD-NWQ
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 925.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.01
  • Lot Lot Size Square Feet2: 435.6
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Management: Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Association Amenities Maintenance Structure: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Amenities Security: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Reno Property Management
  • Appliances Electric Range: Yes
  • Water Heater None29: Yes
  • Association Details Management Company Phone5: 775-329-7070
  • Appliances Electric Oven: Yes
  • Construction Materials I C Fs( Insulated Concrete Forms): Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Electric Oven, Electric Range
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Living Area4: 557.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Great Room4: Yes

Exterior Features

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

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 1.0
  • Has Carport?: Yes
  • Has Attached Garage?: No
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: Yes
  • Parking Information Carport Spaces2: 1.0
  • Parking Information Parking Total: 1.0
  • Parking Features Garage: Yes
  • Association Amenities Parking: Yes
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available
  • Laundry Features: Laundry Area
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric, Forced Air
  • 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 Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Electric4: Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00744304
  • Fencing: None
  • Lot Size Sq Ft: 435.6
  • Zoning: MD-NWQ

Tax Info

  • Tax Annual Amount: 375.13

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 8, 2025
Sold by
Shoma Hotta Revocable Trust and Hotta Michael S
Bought by
Faulkner Angela and Faulkner Gary
Seller's Agent
Natalie Richardson
Dickson Realty - Damonte Ranch
Buyer's Agent
Natalie Richardson
Dickson Realty - Damonte Ranch
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%
Views
819
Current Estimated Value
$101,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,631
Avg. Annual Appreciation
166.76%

Purchase Details

Closed on
Aug 14, 2006
Sold by
Reno Sierra Vista Partners Llc
Bought by
Grange Fred

Purchase Details

Closed on
May 31, 2006
Sold by
Reno Sierra Vista Partners Llc
Bought by
Hotta Shoma and The Shoma Hotta Revocable Trust

Purchase Details

Closed on
Dec 20, 2004
Sold by
Mosher Jackson and Eckert David
Bought by
Reno Sierra Vista Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,430,000
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 2004
Sold by
Mosher Jackson and Eckert David
Bought by
Exchange Support Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
5.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 6, 2003
Sold by
Sierra Vista Tower Reno Llc
Bought by
Mosher Jackson and Eckert David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 2003
Sold by
Eckert Catherine
Bought by
Eckert David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2003
Sold by
Dwyer Jennifer
Bought by
Mosher Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2003
Sold by
Fairmont Investment Llc
Bought by
Sierra Vista Tower Reno Llc
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 Type Sale Price Title Company
Bargain Sale Deed $70,000 First American Title
Bargain Sale Deed $3,648,000 Stewart Title Of Northern Nv
Bargain Sale Deed $144,000 Stewart Title Of Northern Nv
Bargain Sale Deed $3,700,000 Stewart Title Of Northern Nv
Bargain Sale Deed $999,000 Stewart Title Of Northern Nv
Corporate Deed $6,013,333 Stewart Title Of Northern Nv
Interfamily Deed Transfer -- Stewart Title Of Northern Nv
Deed -- Stewart Title Of Northern Nv
Grant Deed $1,435,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,430,000 Unknown
Previous Owner $526,500 Seller Take Back
Previous Owner $1,500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $70,000 -26.3% $126 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
12/29/2024 12/29/24 Price Changed $95,000 -24.0% $171 / Sq Ft
03/15/2024 03/15/24 For Sale $125,000 -- $224 / 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 $375 $26,143 $8,820 $17,323
2024 $375 $26,344 $8,050 $18,295
2023 $188 $24,759 $7,438 $17,321
2022 $343 $21,122 $6,125 $14,998
2021 $332 $20,087 $4,900 $15,187
2020 $324 $20,792 $4,900 $15,892
2019 $310 $20,168 $4,550 $15,618
2018 $257 $15,505 $3,675 $11,830
2017 $254 $9,025 $3,325 $5,700
2016 $252 $9,168 $3,325 $5,843
2015 $131 $7,370 $1,820 $5,550
2014 $227 $5,379 $910 $4,469
2013 -- $7,434 $2,975 $4,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240002689

Northern Nevada Regional MLS

APN: 007-443-04