NOT LISTED FOR SALE

Park Tower Condos 280 Island Ave Unit 706 Reno, NV 89501

MidTown Neighborhood

Estimated Value: $261,000 - $296,000

1 Bed
1.5 Baths
801 Sq Ft
$560/mo HOA Fee

Last Sold September 28, 2023

Last sale price $254,500 $318 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,121/month

5 Days on Market

Highlights

  • River Nearby
  • Great Room
  • Brick or Stone Veneer
  • Mount Rose K-8 School of Languages Rated A-
  • Double Pane Windows
  • 1-minute walk to Barbara Bennett Park

About This Home

As of September 2023

Near the heart of downtown with views of downtown, Wingfield Park, and Truckee River. One of the few buildings that still allow short term rentals. Remodeled with granite counters and stainless appliances. New laminate flooring and freshly painted. Secured entry into building. Walking distance to shopping, restaurants, casinos, museums, and movie theatres. Parking garage is on a wait list, however, there is a additional street parking for a fee., Shared rooftop deck with stunning views, common area laundry, library, and conference room. HOA pays water, sewer, trash, heating, cooling, security, exterior maintenance, and exterior insurance. This is a probate sale subject to court confirmation and the bidding process. Sold in its current condition with seller doing no repairs. Although all information is deemed to be accurate, buyer and buyers agent to verify all.

Last Agent to Sell the Property

Sue Bailey

Estate Realty License #B.21022 Listed on: 08/10/2023

Co-Listed By

Cissie Popson

Estate Realty License #S.32919

Last Buyer's Agent

Eric Gonzales

RE/MAX Professionals-Reno License #S.188484

RE/MAX Professionals-Reno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1961

Lot Details

  • 436

HOA Fees

  • $560 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick or Stone Veneer
  • Masonry

Interior Spaces

  • 801 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Aluminum Window Frames
  • Great Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Schools

  • Mt. Rose Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

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

Listing and Financial Details

  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 01147314

Community Details

Overview

  • Association fees include utilities
  • $150 HOA Transfer Fee
  • Kenyan And Assoc Association, Phone Number (775) 674-8000
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,052

Year Built

Built in 1961

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Year Built: 1961
  • 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, Security
  • Association Fees: 560.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 1219-o
  • Co List Office Phone: 775-971-4495
  • Co List Office Mls Id: 1219-o
  • Co List Office Phone: 775-971-4495
  • Special Conditions: Court Approval
  • Directions: Arlington to Island
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 801.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Mt. Rose
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1052.0
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 560.0
  • Building Stories5: 4
  • 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
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Association Amenities Maintenance Structure: Yes
  • Typeof Construction Masonry4: 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: Kenyan and Assoc
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Construction Materials Masonry Veneer: Yes
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-674-8000
  • Cooling Heat Pump: Yes
  • Appliances Electric Oven: Yes
  • Special Listing Conditions Court Approval: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Refrigerator
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar
  • Window Features: Double Pane Windows, Metal Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 801.0
  • Interior Fireplace Y N: No
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Window Features Metal Frames: Yes
  • Flooring Laminate: Yes
  • Laundry Features Common Area2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 4
  • Construction Type: Brick, Masonry Veneer
  • Foundation Details: Crawl Space
  • Roof Flat: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Central Air, Heat Pump, Refrigerated
  • Heating: Heat Pump, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Association Fee Includes Utilities: Yes
  • Heating Heat Pump2: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01147314
  • Fencing: None
  • Lot Size Sq Ft: 435.6
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 1052.0

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 22, 2023
Sold by
Arroyo Brandy
Bought by
Sumner Richard
Seller's Agent
Sue Bailey
Estate Realty
Buyer's Agent
Eric Gonzales
RE/MAX Professionals-Reno
List Price
$289,000
Sold Price
$254,500
Premium/Discount to List
-$34,500
-11.94%
Views
20
Current Estimated Value
$276,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,902
Avg. Annual Appreciation
4.09%
Original Mortgage
$174,500
Outstanding Balance
$170,888
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
$105,514

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 23, 2021
Sold by
Dahl Barbara Mae
Bought by
Sturner Jon R
Seller's Agent
Karina Johnson
RE/MAX Gold
Buyer's Agent
Roberta Monroe
Keller Williams Group One Inc.
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 5, 2017
Sold by
Hwh Investment Llc
Bought by
Dahl Barbara Mae
Seller's Agent
Taryn Barbrey
Dickson Realty - Downtown
Buyer's Agent
Stephen Jeffers
Ferrari-Lund Real Estate Reno
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$158,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2012
Sold by
Huebner Herbert W
Bought by
Hwh Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2011
Sold by
Huebner Herbert W
Bought by
Huebner Herbert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 9, 2005
Sold by
Kromer Grady W and Kromer Cheryl L
Bought by
280 Island Avenue Llc

Purchase Details

Closed on
May 24, 2005
Sold by
Huebner Herbert W
Bought by
Hwh Investment Llc

Purchase Details

Closed on
May 10, 2004
Sold by
280 Island Avenue Llc
Bought by
Huebner Herbert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2004
Sold by
Johnson Kevin L and Johnson Rebecca G
Bought by
280 Island Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2004
Sold by
Kromer Grady W and Kromer Cheryl L
Bought by
280 Island Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Sumner Richard $254,500 Landmark Title
Sturner Jon R $235,000 First American Title Reno
Dahl Barbara Mae $198,000 First Centennial Reno
Hwh Investments Llc -- None Available
Huebner Herbert W -- Ticor Title Reno Lakeside
Huebner Herbert W -- Ticor Title Reno Lakeside
280 Island Avenue Llc -- First American Title
Hwh Investment Llc -- --
Huebner Herbert W $142,000 First American Title
280 Island Avenue Llc -- First American Title
280 Island Avenue Llc $2,509,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumner Richard $174,500
Previous Owner Dahl Barbara Mae $158,400
Previous Owner Huebner Herbert W $46,800
Previous Owner Huebner Herbert W $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $254,500 -11.9% $318 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $289,000 +23.0% $361 / Sq Ft
03/23/2021 03/23/21 Sold $235,000 -6.0% $293 / Sq Ft View Prior Sale
03/02/2021 03/02/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $250,000 +26.3% $312 / Sq Ft
09/20/2017 09/20/17 Sold $198,000 -1.0% $247 / Sq Ft View Prior Sale
08/11/2017 08/11/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $200,000 -- $250 / 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 $1,137 $51,407 $29,155 $22,252
2024 $1,137 $51,130 $28,945 $22,185
2023 $1,052 $44,385 $24,010 $20,375
2022 $957 $36,470 $19,775 $16,695
2021 $887 $33,716 $17,465 $16,251
2020 $837 $32,784 $16,415 $16,369
2019 $800 $31,697 $16,415 $15,282
2018 $738 $24,990 $10,010 $14,980
2017 $697 $24,127 $9,275 $14,852
2016 $697 $21,935 $7,385 $14,550
2015 $173 $20,127 $5,845 $14,282
2014 $688 $22,143 $5,845 $16,298
2013 -- $14,894 $3,500 $11,394
Source: Public Records

Agents Affiliated with this Home

  • Sue Bailey

    Seller's Agent in 2023

    Sue Bailey

    Estate Realty

    (775) 544-7997

    4 in this area

    108 Total Sales

    Sue Bailey
    Section Image
  • Cissie Popson

    Seller Co-Listing Agent in 2023

    Cissie Popson

    Estate Realty

    (775) 772-5847

    4 in this area

    133 Total Sales

    Cissie Popson
    Section Image
  • Eric Gonzales

    Buyer's Agent in 2023

    Eric Gonzales

    RE/MAX

    (775) 560-8857

    3 in this area

    119 Total Sales

    Eric Gonzales
    Section Image
  • Karina Johnson

    Seller's Agent in 2021

    Karina Johnson

    RE/MAX

    (775) 722-0796

    1 in this area

    49 Total Sales

    Karina Johnson
    Section Image

  • R

    Buyer's Agent in 2021

    Roberta Monroe

    Keller Williams Group One Inc.

    Section Image

  • T

    Seller's Agent in 2017

    Taryn Barbrey

    Dickson Realty

See All Agents

About Park Tower Condos

Map

Source: Northern Nevada Regional MLS

MLS Number: 230009144

Northern Nevada Regional MLS

APN: 011-473-14

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 706, Reno, NV

This home is located at 280 Island Ave Unit 706, Reno, NV 89501 since 10 August 2023 and is currently estimated at $276,402, approximately $345 per square foot. This property was built in 1961. 280 Island Ave Unit 706 is a home located in Washoe County with nearby schools including Mount Rose K-8 School of Languages, Darrell C Swope Middle School, and Reno High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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