Sold27d on market
512 Island Ave
Reno, NV, 89501 • Old Southwest • Washoe County
$805,000
$358/sqft
3Beds
2Baths
2,246Sqft
0.01 acLot
1975Built
Property DNA
Scenic Views
City · Mountain(s) · Park/Greenbelt
Wingfield Park
Gated · Maintenance Grounds · Parking
Outdoor Living
Patio
1 Fireplace
Gas Log
2-Car Garage
Garage · Under Building
Ceramic Tile Floors
Quality flooring throughout
$754/mo HOA
Gated · Maintenance Grounds · Parking · Storage
This home is in high demand
Listed 27 days ago · 106 views · Top 8% likely to sell soon
Market activity
Demand and pricing signals for this listing
106 views
People checking out this listing
27 days on market
Recently listed
$358/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 8% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Condo · Built 1975
Perched on the top floor in the heart of downtown, this stunning 3-bedroom, 2-bathroom penthouse offers the perfect blend of comfort, convenience, and breathtaking views. Large balcony area creates an enjoyable outdoor space. Enjoy sweeping views of the river and the vibrant downtown Reno skyline from this elevated retreat. The thoughtfully designed layout features spacious living areas, abundant natural light, and well-appointed bedrooms ideal for both relaxation and entertaining. Two secure garage parking spaces add exceptional value and ease of living. Just steps from dining, entertainment, and riverfront activities, this top-floor residence delivers urban living at its finest. An elevator will bring you right to your front door.
Standout features identified
Our analysis highlights thoughtfully designed layout, abundant natural light, and large balcony area as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,806/month
Principal & Interest$3,978
Property Tax$805
Insurance$268
HOA$754
Down payment20% ($161,000)
3%50%
Est. 6.28% rate · 30yr fixed · $644,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1975
HeatingNatural Gas
CoolingCentral Air
Parking2 Garage spaces
HOA$754 monthly
Property
Home typeCondo
Sub-typeCondominium
Year built1975
Stories1
Systems
HeatingNatural Gas
CoolingCentral Air
RoofAsphalt
ConstructionFrame, Stucco
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage, Under Building
Garage2 spaces
Fireplaces1
FencingNone
Lot435.60 sqft
Location & Tax
NeighborhoodOld Southwest
ZoningMF30
Annual tax$2,608
Parcel01139009
Bathrooms & Fees
Full baths2
HOA$754/mo
Features & details
18 categories of property features
Interior Features
Interior
Ceiling Fan(s)
High Ceilings
Kitchen Island
Vaulted Ceiling(s)
Appliances
Dishwasher
Disposal
Double Oven
Refrigerator
Trash Compactor
Flooring
Carpet
Ceramic Tile
Laminate
Heating
Natural Gas
Cooling
Central Air
Laundry
Laundry Area
Fireplace
Gas Log
Windows
Drapes
Rods
Exterior Features
Exterior
Balcony
Parking
Garage
Under Building
Construction
Frame
Stucco
Patio & Porch
Patio
Lot Features
Landscaped
Security
Security Gate
Views
City
Mountain(s)
Park/Greenbelt
Pool Features
None
Utilities
Cable Available
Electricity Connected
Natural Gas Available
Sewer Connected
Other Structures
None
Listing insights
Market data and value estimates
StatusSold
Days on market27
Est. value$805,100
Est. rent$2,716/mo
Tax rate0.44%
Price/sqft$358
On marketJan 5, 2026
PostedJan 5, 2026
Last sold$805,000
MLS statusClosed
MLS updatedMar 11, 2026
Tour days6
Views106
How are the schools in Reno?
3 schools rated nearby
Location
Reno, NV, 89501
Price history
8 events
DateEventPrice$/sqftSource
Mar 11, 2026Sold$805,000$358NNRMLS
Jan 14, 2026Contingent$850,000$378NNRMLS
Jan 5, 2026Listed For Sale$850,000$378NNRMLS
Jul 1, 2016Sold$512,000$228NNRMLS
Apr 24, 2016Listed For Sale$550,000$245Intero Real Estate Services
Jun 11, 2009Listing Removed$949,900$423Luxury Real Estate
May 22, 2009Listed For Sale$949,900$423Luxury Real Estate
Aug 14, 1998Sold$185,000$82Public Record
Sold$805,000
Mar 11, 2026•$358/sqft•NNRMLS
Contingent$850,000
Jan 14, 2026•$378/sqft•NNRMLS
Listed For Sale$850,000
Jan 5, 2026•$378/sqft•NNRMLS
Sold$512,000
Jul 1, 2016•$228/sqft•NNRMLS
Listed For Sale$550,000
Apr 24, 2016•$245/sqft•Intero Real Estate Services
Listing Removed$949,900
Jun 11, 2009•$423/sqft•Luxury Real Estate
Listed For Sale$949,900
May 22, 2009•$423/sqft•Luxury Real Estate
Sold$185,000
Aug 14, 1998•$82/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2025$2,416$73,772
Apr 8, 2024$2,238$75,985
Apr 8, 2023$2,071$71,047
Apr 8, 2022$1,919$61,985
Apr 8, 2021$1,804$55,173
Apr 8, 2020$1,718$54,730
Apr 8, 2019$1,804$54,730
Apr 8, 2018$1,718$51,023
Apr 8, 2017$1,534$51,442
Apr 8, 2016$1,534$49,233
Apr 8, 2015$1,534$44,450
Apr 8, 2014$1,486$44,217
Apr 8, 2013$1,486$39,378
Apr 8, 2012—$39,378
Apr 8, 2011—$38,821
Apr 8, 2010—$39,937
Apr 8, 2009—$42,415
Apr 8, 2008—$50,124
Apr 8, 2007—$50,124
Apr 8, 2006—$45,072
Apr 8, 2005—$46,419
Apr 8, 2004—$48,754
Apr 8, 2003—$49,289
Apr 8, 2002—$48,959
Apr 8, 2001—$48,959
Nearby homes
Neighborhood details
Local context around this listing
Reno, NV • Washoe County
Nearby neighborhoods
Cold SpringsDamonte RanchEast UniversityKings RowMae AnneNortheastNorthwestSouth CentralSouthwestStead
Nearby cities
EmpireGerlachIncline VillageNixonRenoSparksSun ValleySutcliffe
Nearby zip codes
89502895038950689508895098951189512895198952189523
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