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508 Island Ave; Reno, NV Property Details

508 Island Ave, Reno, NV is a Condominium that was built in 1975. This property is currently Intra-Family and is for sale. Our records show that 508 Island Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,246 square feet. The lot size of 508 Island Ave is 44 square feet.

On Market for 273 days
508 Island Ave Reno, NV 89501
$595,000 Listing Price
3 Beds
2 Baths
2,246 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1975
  • Purchase Price: $150,000
  • Est. Equity / %: $555,000 / 100%
  • Gross Yield: 2.547%
  • APN: 011-390-08
  • Situs County: Washoe
  • Length Of Ownership: 27 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Combination
  • Building Condition: Good
  • Building Quality: C
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,246/SqFt
  • Lot: 44/SqFt
  • Gross: 2,246/SqFt
  • Garage: 749/SqFt
  • Living: 2,246/SqFt
  • Building: 2,246/SqFt
  • Ground: 2,246/SqFt
  • Price Per Square Foot: $66.79

Legal Description

  • Description: WINGFIELD PARK CONDO LT 2C
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Washoe County School District
  • Lat / Lon: 39.52301 / -119.81882
  • Subdivision: Wingfield Park
  • Property Class: Residential
  • Zoning: MF30
  • County Use Code: 210

Amenities

  • Plus Four: 1714
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $754
  • H O A Amount: $754
  • H O A One Frequency: Monthly
  • H O A One Name: Wingfield Park Condominium Association, Inc., A Nevada Non Profit Corporation
  • H O A One Type: Condo Owner Association

Ownership Info

508 Island Ave has no associated ownership info
508 Island Ave has no associated ownership info.

Taxes

508 Island Ave has 10 associated Taxes items

508 Island Ave, Reno, NV pays taxes in Washoe County, NV. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $68,848. The APN we've located for 508 Island Ave is 011-390-08.

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Taxes
  • Assessed Value:  $68,848
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  011-390-08
  • Assessed Land Value:  37422
  • Market Land Value:  77200
  • Tax Amount:  1872.85
  • Tax Year:  2025
  • Market Value:  155994
  • Market Year:  2021

Tax History

508 Island Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $68,848 Land Value $37,422 Improvement Value $31,427 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,872.85 Change Rate -0.220948% Assessed CR Tax Rate
Year 2024 Assessed Value $70,441 Land Value $37,422 Improvement Value $33,019 Tax Amount $2,404.01 Change Rate +0.079648% Assessed CR Tax Rate +0.034128%
Year 2023 Assessed Value $65,776 Land Value $35,579 Improvement Value $30,197 Tax Amount $2,226.66 Change Rate +0.08062% Assessed CR Tax Rate +0.033852%
Year 2022 Assessed Value $61,985 Land Value $34,720 Improvement Value $27,265 Tax Amount $2,060.54 Change Rate +0.089829% Assessed CR Tax Rate +0.033243%
Year 2021 Assessed Value $54,598 Land Value $27,020 Improvement Value $27,578 Tax Amount $1,890.7 Change Rate +0.064068% Assessed CR Tax Rate +0.034629%
Year 2020 Assessed Value $55,095 Land Value $26,565 Improvement Value $28,530 Tax Amount $1,776.86 Change Rate +0.049986% Assessed CR Tax Rate +0.032251%
Year 2019 Assessed Value $54,126 Land Value $25,375 Improvement Value $28,751 Tax Amount $1,692.27 Change Rate +0.047917% Assessed CR Tax Rate +0.031265%
Year 2018 Assessed Value $50,424 Land Value $21,756 Improvement Value $28,668 Tax Amount $1,614.89 Change Rate +0.048419% Assessed CR Tax Rate +0.032026%
Year 2017 Assessed Value $50,841 Land Value $21,756 Improvement Value $29,085 Tax Amount $1,540.31 Change Rate +0.019337% Assessed CR Tax Rate +0.030297%
Year 2016 Assessed Value $48,608 Land Value $18,438 Improvement Value $30,170 Tax Amount $1,511.09 Change Rate +1.001576% Assessed CR Tax Rate +0.031087%
Year 2015 Assessed Value $43,783 Land Value $14,196 Improvement Value $29,587 Tax Amount $754.95 Change Rate -0.483371% Assessed CR Tax Rate +0.017243%
Year 2014 Assessed Value $43,547 Land Value $12,894 Improvement Value $30,653 Tax Amount $1,461.3 Change Rate Assessed CR Tax Rate +0.033557%
Year 2013 Assessed Value $38,712 Land Value $8,015 Improvement Value $30,697 Tax Amount Change Rate Assessed CR Tax Rate