BACK ON MARKET at no fault of the Seller- Repair list and inspection from previous escrow is in the documents. Perfect for home buyer just starting out or investor opportunity is waiting for you in this cute cul-de-sac in South Reno. This updated condo checks every box for an investor looking for a turnkey rental or a first-time buyer ready to stop renting. The kitchen and flooring has been updated and a highlight is the charming original brick wall feature. The yard is low maintenance by design and maintained by the HOA, as well as the roof and exterior of the structure, savings on maintenance and home owner's insurance costs. This home is perfectly located with easy access to stores, restaurants and more. Trader Joe's is about a two min drive away. Meadowood Mall, Whole Foods, and the South Virginia Street corridor with its restaurants, retail, and services are all within a few minutes of your front door. Bartley Ranch Regional Park is nearby for trails and outdoor space, and freeway access via I-580 is right around the corner. You get the quiet of a cul-de-sac and the convenience of one of the most well-serviced parts of South Reno. Don't miss this charming condo!
Closed
Zestimate®
$228,000
5011 Tahiti Way APT 3, Reno, NV 89502
2beds
882sqft
Condominium
Built in 1970
-- sqft lot
$228,000 Zestimate®
$259/sqft
$1,807 Estimated rent
Home value
$228,000
$210,000 - $246,000
$1,807/mo
Zestimate® history
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$1,627/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Whitney Myer S.193401 775-354-5347,
Real Broker LLC,
Jordan Arroyo S.204129 530-414-0892,
Real Broker LLC
Bought with:
Jordan Arroyo, S.204129
Real Broker LLC
Source: NNRMLS,MLS#: 260006516
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall Furnace
Appliances
- Included: Electric Cooktop
- Laundry: In Kitchen, Washer Hookup
Features
- Breakfast Bar, Ceiling Fan(s)
- Flooring: Carpet, Laminate, Tile
- Windows: Aluminum Frames
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 882
- Total interior livable area: 882 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, None
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Rain Gutters
- Spa features: None
- Fencing: None
Lot
- Size: 43 Square Feet
- Features: Cul-De-Sac, Level
Details
- Additional structures: None
- Parcel number: 02514055
- Zoning: MF30
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco
- Foundation: Slab
- Roof: Pitched,Shingle
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Smithridge Green 2
HOA
- Has HOA: Yes
- Amenities included: Landscaping
- Services included: Landscape Maintenance - Partial
- HOA fee: $281 monthly
- HOA name: Reno Property Management
Location
- Region: Reno
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $81,972
- Annual tax amount: $585
- Date on market: 5/22/2026
- Cumulative days on market: 82 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Sold | $228,000$259/sqft |
Source:  NNRMLS #260006516 Report a problem | ||
| 7/11/2026 | Contingent | $228,000$259/sqft |
Source: NNRMLS #260006516 Report a problem | ||
| 6/24/2026 | Listed for sale | $228,000$259/sqft |
Source: NNRMLS #260006516 Report a problem | ||
| 6/9/2026 | Contingent | $228,000$259/sqft |
Source: NNRMLS #260006516 Report a problem | ||
| 5/22/2026 | Listed for sale | $228,000+307.1%$259/sqft |
Source: NNRMLS #260006516 Report a problem | ||
| 8/22/2000 | Sold | $56,000$63/sqft |
Source: Public Record Report a problem | ||
| 8/27/1998 | Sold | $56,000+36.6%$63/sqft |
Source: Public Record Report a problem | ||
| 11/21/1995 | Sold | $41,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $586 +7.7% | $28,690 -1.4% |
| 2025 | $543 +2.9% | $29,102 +5.7% |
| 2024 | $528 +3% | $27,531 -0.9% |
| 2023 | $513 +2.5% | $27,793 +15.8% |
| 2022 | $501 +7% | $24,008 +32% |
| 2021 | $468 +5% | $18,183 +20.1% |
| 2020 | $445 -4.8% | $15,140 |
| 2019 | $468 +5% | $15,140 +21.5% |
| 2018 | $445 +7.8% | $12,464 +5.4% |
| 2017 | $413 | $11,824 -1.6% |
| 2016 | $413 | $12,014 +1.4% |
| 2015 | $413 +32.6% | $11,850 +9.9% |
| 2014 | $312 -22.4% | $10,782 +2.8% |
| 2013 | $401 | $10,485 |
| 2012 | -- | $10,485 -0.2% |
| 2011 | -- | $10,506 -5.9% |
| 2010 | -- | $11,166 -36.6% |
| 2009 | -- | $17,624 -5.8% |
| 2008 | -- | $18,710 +0.6% |
| 2007 | -- | $18,604 +25.3% |
| 2006 | -- | $14,849 +3.8% |
| 2005 | -- | $14,300 -1.5% |
| 2004 | -- | $14,521 +3.8% |
| 2003 | -- | $13,988 +0.6% |
| 2002 | -- | $13,900 |
| 2001 | -- | $13,900 |
Find assessor info on the county website
Neighborhood: Smithridge
Nearby homes
- $170,3002 bd1 ba798 sqft5011 Tahiti Way #4, Reno, NV 89502Off Market
- $205,0002 bd1 ba810 sqft5011 Tahiti Way APT 1, Reno, NV 89502Off Market
- $158,4002 bd1 ba882 sqft5011 Tahiti Way APT 2, Reno, NV 89502Off Market
- $225,0002 bd1 ba810 sqft5031 Tahiti Way APT 1, Reno, NV 89502Off Market
- $229,2002 bd1 ba882 sqft5031 Tahiti Way APT 3, Reno, NV 89502Off Market
- $188,6002 bd1 ba882 sqft5031 Tahiti Way APT 2, Reno, NV 89502Off Market
- $231,6002 bd1 ba798 sqft5031 Tahiti Way APT 4, Reno, NV 89502Off Market
- $196,4002 bd1 ba882 sqft5001 Tahiti Way APT 1, Reno, NV 89502Off Market
Nearby schools
GreatSchools rating
- 4/10Smithridge Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 1/10Edward L Pine Middle SchoolGrades: 6-8Distance: 0.1 mi
- 7/10Damonte Ranch High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Smithridge
- Middle: Pine
- High: Damonte
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$228,000
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Estimated market value
$228,000
- Nevada
- Washoe County
- Reno
- 89502
- Smithridge
- 5011 Tahiti Way Apartment 3
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