280 Island Ave, Unit 1601
Reno, NV 89501

$625,000

Last Sold Price

Beds

Baths

1,544 Sq. Ft.

$405 / Sq. Ft.

1,544

Sq. Ft.

$405

per Sq. Ft.

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Closed 6/12/24

Description

Welcome to Park Towers, and this exquisite 16th floor luxury condo nestled in the heart of downtown Reno. Situated along the Truckee River and directly across from Wingfield Park, this upscale, remodeled residence offers a truly exceptional living experience and the option to rent it out through AIRBNB! With two private balconies, it provides stunning panoramic sunsets & vistas that offer unparalleled perspective of the area's natural beauty & vibrant city life., Also provides you with a front row...Welcome to Park Towers, and this exquisite 16th floor luxury condo nestled in the heart of downtown Reno. Situated along the Truckee River and directly across from Wingfield Park, this upscale, remodeled residence offers a truly exceptional living experience and the option to rent it out through AIRBNB! With two private balconies, it provides stunning panoramic sunsets & vistas that offer unparalleled perspective of the area's natural beauty & vibrant city life., Also provides you with a front row seat to concerts in the park. The owner has successfully placed this luxury 2 bedroom, 2 full bathroom condo on a rental program with Airbnb, consistently earning excellent reviews. Whether you're looking for an investment property or a residence to call your own, this condo presents an opportunity to indulge in the best of both worlds. Walking distance to many restaurants and downtown events. HOA covers hot and cold water, sewer, trash, heating & cooling, exterior maintenance. No natural gas in building. Park Towers has a conference room, library and party deck for your use. Underground parking spaces not included. You can sign up on a waiting list, to obtain a space for a fee. To see Airbnb reviews go to: Park Tower: Downtown Reno Penthouse on the River. Condo sold fully furnished to easily continue the booked reservations. (Game table and chairs NOT included in the furnishings.)

Listed by Trish Thiele • Chase International-Damonte
P: (775)-846-0906 trish@yourrenohome.com

Property Details for 280 Island Avenue, Unit 1601

View

City, Mountain(s), Park/Greenbelt, Trees/Woods

View YN

Yes

Zoning

Mdrd

LISTING CLOSED: 06/12/2024 12:00 AM

Property Details for 280 Island Avenue, Unit 1601

Status	Closed
MLS #	240003994
Days on Compass	61
Pet Policy	-
Taxes	$1,814 / year
HOA Fees	$14,452 / year
Condo/Co-op Fees	-
Property Type	Condo
MLS Type	Residential / Condominium
Year Built	1961
County	Washoe County

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Location

Listing Courtesy of Chase International-Damonte, Trish Thiele, License #S.55752

Sold By Chase International-Damonte, Shauna Ganes, License #S.78638

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Building Information for 280 Island Avenue, Unit 1601

Building/Complex280 Island AveFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1961

Payment Calculator

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$4,532 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$151

HOA Dues

$1,204

The Payment Calculator is for illustrative purposes only.

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Property Information for 280 Island Avenue, Unit 1601

Summary

Location and General Information

Directions: Arlington Ave
Address:Directions: Arlington Ave

Address:Parcel Number: 01147601
Address:Within City Limits YN: Yes

Taxes and HOA

Association Amenities: Gated, Maintenance Grounds, Maintenance Structure, Management
Association Fee: $1,204

Association Fee Frequency: Monthly
Association Fee Includes: Insurance, Utilities
Association YN: Yes
Tax Annual Amount: $1,814
Tax Legal:Elementary School: Mt. Rose
Tax Legal:Middle Or Junior School: Swope
Tax Legal:High School: Reno
Tax Legal:Tax Annual Amount: $1,814
Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
Tax Legal:Zoning: Mdrd
Tax Legal:Zoning Source: Assessor
AssociationCommunity:Association YN: Yes
AssociationCommunity:Association Fee: $1,204
AssociationCommunity:Association Fee Frequency: Monthly
AssociationCommunity:Association 2 YN: No
Association Amenities:Gated: Yes
Association Amenities:Maintenance Grounds: Yes
Association Amenities:Maintenance Structure: Yes
Association Amenities:Management: Yes
Association Details:Management Company Name: First Service Residential
Association Details:Management Company Phone: 775-324-0777
Association Details:Association Transfer Fee: $150
Association Details:Association Setup Fee: $250
Association Details:Association Other Fee: $0
Association Details:Association Special Assessment Amount: $0

Parking

Attached Garage YN: No
Carport Spaces: 0.0

Carport YN: No
Garage Spaces: 0.0
Garage YN: No
Parking Features: None
Parking Total: 0.0
Parking Information:Garage YN: No
Parking Information:Parking Total: 0.0
Parking Information:Garage Spaces: 0.0
Parking Information:Carport YN: No
Parking Information:Carport Spaces: 0.0
Parking Features:None: Yes

School Information

Elementary School: Mt. Rose
High School: Reno

Middle Or Junior School: Swope

Property

Lot Information

Living Area Source: Assessor
Lot Features: Corner Lot, Level

Lot Size Acres: 0.0
Lot Size Area: 0.0
Lot Size Square Feet: 0.0
Water Source: Public
Building Area Total: 1544.0
Living Area: 1544.0
Lot:Lot Size Acres: 0.0
Lot:Lot Size Square Feet: 0.0
Lot:View YN: Yes
Lot Features:Corner Lot: Yes
Lot Features:Level: Yes
Water Body Type:River: Yes
Water Body View:Yes: Yes

Property and Assessments

Parcel Number: 01147601
Possession: Close Of Escrow

Property Attached YN: Yes
Road Frontage Type: Private Road, Other
Road Responsibility: Private Maintained Road
Property Type: Residential,Condo
Year Built: 1961
Property Sub Type: Condominium
Personal Property Included:Furnishings: Yes
Possession:Close Of Escrow: Yes
Road Frontage Type:Private Road: Yes
Road Frontage Type:Other: Yes
Road Responsibility:Private Maintained Road: Yes

Utilities

Sewer: Public Sewer
Utilities: True

Electric: True
Utilities:Cooling YN: Yes
Utilities:Heating YN: Yes
Utilities:Water Test YN: No
Utilities:Cable Available: Yes
Utilities:Electricity Available: Yes
Utilities:Phone Available: Yes
Utilities:Sewer Available: Yes
Utilities:Water Available: Yes
Utilities:Cellular Coverage: Yes
Sewer:Public Sewer: Yes
Water Heater:Electric: Yes
Water Rights:Water Rights YN: No
Water Source:Public: Yes

Interior and Exterior Features

Exterior Features

Patio And Porch Features: Deck
Stories: 1

Construction Materials: Brick, Stucco
Exterior Features: None
Fencing: None
Foundation Details: Slab
Horse YN: No
Roof: Flat
Security Features: Keyless Entry, Smoke Detector(s)
Window Features: Blinds, Double Pane Windows
Building:Stories: 1.0
Building:Housing Cooperative Unit YN: No
Building:Property Attached YN: Yes
Building:Outdoor Living Spaces YN: Yes
Construction Materials:Brick: Yes
Construction Materials:Stucco: Yes
Exterior Features:None: Yes
Fencing:None: Yes
Foundation Details:Slab: Yes
Outdoor Living Spaces:Deck: Yes
Outdoor Living Spaces Features:Covered: Yes
Roof:Flat: Yes
Security Features:Keyless Entry: Yes
Security Features:Smoke Detector(s): Yes
Sprinklers:None: Yes
View:City: Yes
View:Mountain(s): Yes
View:Park/Greenbelt: Yes
View:Trees/Woods: Yes
Window Features:Blinds: Yes
Window Features:Double Pane Windows: Yes

Interior Features

Fireplaces Total: 1
Cooling: Central Air, Refrigerated

Cooling YN: Yes
Fireplace YN: Yes
Flooring: Carpet, Ceramic Tile
Heating: Forced Air
Heating YN: Yes
Interior Features: Breakfast Bar, Elevator Lift or Stair Chair
Laundry Features: In Kitchen, Laundry Area
Bathrooms Total Integer: 2
Bathrooms Total Decimal: 2.0
Bathrooms Total Notational: 2.0
Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: 0
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Interior:Bathrooms Half: 0.0
Interior:Living Area: 1544.0
Interior:Living Area Source: Assessor
Interior:Fireplace YN: Yes
Interior:Fireplaces Total: 1.0
Cooling:Central Air: Yes
Cooling:Refrigerated: Yes
Flooring:Carpet: Yes
Flooring:Ceramic Tile: Yes
Heating:Forced Air: Yes
Insulation Details:Unknown: Yes
Interior Features:Breakfast Bar: Yes
Appliances:Dishwasher: Yes
Appliances:Disposal: Yes
Appliances:Dryer: Yes
Appliances:Electric Oven: Yes
Appliances:Electric Range: Yes
Appliances:Microwave: Yes
Appliances:Refrigerator: Yes
Appliances:Washer: Yes
Laundry Features:In Kitchen: Yes
Laundry Features:Laundry Area: Yes

Multi Family

Multi Family Information

Unit Level:Top Floor: Yes

Room Information

Kitchen

Kitchen Features:Breakfast Bar: Yes
Kitchen Features:Built-In Dishwasher: Yes

Kitchen Features:Disposal: Yes

Primary Bedroom

Primary Bedroom Features:Tub/Shower Combination: Yes

Other Rooms

Other Rooms:None: Yes

Rental

Rent Information

Occupant Type: Vacant

Property History for 280 Island Avenue, Unit 1601

Date	Event & Source	Price	Appreciation
Jun 12, 2024	Sold NNRMLS #240003994	$625,000	—
Jun 11, 2024	Sold (Public Record) Public Record #1534469289	$625,000	-0.8% / yr
May 11, 2024	Pending NNRMLS #240003994		—
Apr 13, 2024	Listed (Active) NNRMLS #240003994	$665,000	—
Jun 27, 2023	Withdrawn NNRMLS #230007043		—
Aug 31, 2021	Sold NNRMLS #210010501	$640,000	—
Aug 27, 2021	Sold (Public Record) Public Record #1474281114	$640,000	+2.3% / yr
Aug 17, 2021	Pending NNRMLS #210010501		—
Jul 20, 2021	Listed (Active) NNRMLS #210010501	$679,000	—
Oct 26, 2004	Sold (Public Record) Public Record #147106580	$440,000	—

Date	Event & Source	Price
06/12/2024	Sold NNRMLS #240003994	$625,000
06/11/2024	Sold (Public Record) Public Record #1534469289	$625,000 -0.8% / yr
05/11/2024	Pending NNRMLS #240003994	—
04/13/2024	Listed (Active) NNRMLS #240003994	$665,000
06/27/2023	Withdrawn NNRMLS #230007043	—
08/31/2021	Sold NNRMLS #210010501	$640,000
08/27/2021	Sold (Public Record) Public Record #1474281114	$640,000 +2.3% / yr
08/17/2021	Pending NNRMLS #210010501	—
07/20/2021	Listed (Active) NNRMLS #210010501	$679,000
10/26/2004	Sold (Public Record) Public Record #147106580	$440,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 280 Island Avenue, Unit 1601

Taxable ValueLand$44,730Additions$44,416Total$89,146

Tax Record2025$1,904 ($159 / month)

Home Facts

Baths2Total Finished SqFt1,544 SqFtAbove Grade Finished SqFt1,544 SqFtStories18Lot Size1,544 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningMD-RDCountyWASHOEAPN011-476-01Fireplace TypeHas Fireplace

Schools near 280 Island Avenue, Unit 1601

This home is within Washoe County School District.


Rating	School	Type	Grades	Distance
9/10	Mount Rose Elementary School	Public - Serves this home	K to 8	0.6 mi
6/10	Darrell C Swope Middle School	Public - Serves this home	6 to 8	1.9 mi
7/10	Reno High School	Public - Serves this home	9 to 12	0.8 mi
NR	Washoe Innovations Academy	Public - Nearby school	PK to 12	0.4 mi
1/10	Innovations High School - 16510	Public - Nearby school	9 to 12	0.4 mi
3/10	Encompass Academy	Charter - Choice school	9 to 12	1.1 mi
NR	Reno Christian Academy	Private - Nearby school	K to 8	0.5 mi
NR	Our Lady Of The Snows School	Private - Nearby school	K to 8	0.7 mi
NR	Our Lady of the Snows Catholic School	Private - Nearby school	K to 8	0.7 mi


Rating	School	Distance
9/10	Mount Rose Elementary School PublicK to 8 Serves this home	0.6 mi
6/10	Darrell C Swope Middle School Public6 to 8 Serves this home	1.9 mi
7/10	Reno High School Public9 to 12 Serves this home	0.8 mi
NR	Washoe Innovations Academy PublicPK to 12 Nearby school	0.4 mi
1/10	Innovations High School - 16510 Public9 to 12 Nearby school	0.4 mi
3/10	Encompass Academy Charter9 to 12 Choice school	1.1 mi
NR	Reno Christian Academy PrivateK to 8 Nearby school	0.5 mi
NR	Our Lady Of The Snows School PrivateK to 8 Nearby school	0.7 mi
NR	Our Lady of the Snows Catholic School PrivateK to 8 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
280 Island Avenue, Unit 1502, Reno, NV 89501	$870,000	2	2	2,317	–
280 Island Avenue, Unit 202, Reno, NV 89501	$405,000	–	3	1,241	1,241
280 Island Avenue, Unit 305, Reno, NV 89501	$365,000	1	2	965	–
280 Island Avenue, Unit 804, Reno, NV 89501	$345,000	1	2	869	–
280 Island Avenue, Unit 307, Reno, NV 89501	$215,000	–	1	440	–
280 Island Avenue, Unit 1501, Reno, NV 89501	$840,000	3	2	2,224	–
280 Island Avenue, Unit 507, Reno, NV 89501	$275,000	–	1	440	–
280 Island Avenue, Unit 705, Reno, NV 89501	$415,000	1	2	965	–
280 Island Avenue, Unit 1405, Reno, NV 89501	$365,000	–	2	965	965
280 Island Avenue, Unit 706, Reno, NV 89501	$254,500	–	1	801	801
280 Island Avenue, Unit 306, Reno, NV 89501	$267,000	–	1	801	801
280 Island Avenue, Unit 1105, Reno, NV 89501	$333,000	1	2	965	–
280 Island Avenue, Unit 603, Reno, NV 89501	$472,000	2	2	1,321	–
280 Island Avenue, Unit 907, Reno, NV 89501	$200,000	–	1	440	–
280 Island Avenue, Unit 604, Reno, NV 89501	$345,000	1	2	869	–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chase International-Damonte, Trish Thiele, License #S.55752

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

280 Island Ave, Unit 1601Reno, NV 89501

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280 Island Ave, Unit 1601
Reno, NV 89501