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CondominiumResidential
$436,876$309 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

516 ISLAND AVE

RENO, NV 89501
2
Beds
2
Baths
1,414 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
44 ft²
Lot SizeThe size of the land the home sits on, from county records.
1975
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$437K
$405K low$468K high

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$50,438 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$27,720
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$22,719
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$49,984
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$115,162

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.142 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyWASHOE
Lot (acres)The size of the land the home sits on, from county records.0.00
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Concrete
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 184 ft²Patio · 184 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Reno High School
High · Grades 9–12 · 0.6 mi
E
Jessie Beck Elementary SchoolA+
Elementary · Grades KG–5 · 1.3 mi
M
Darrell C. Swope Middle SchoolA
Middle · Grades 6–8 · 1.8 mi

District: Washoe County School District

Neighborhood · ZIP 89501These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.178
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.287

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.5,057
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7,735 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$49,104
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$65,364
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.9 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

516 Island Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 98% of homes in Newlands
  • Costs less per square foot than 91% of homes in Newlands
  • Bigger than 75% of homes in Reno 89501
  • Has a smaller lot than 98% of homes in Reno 89501
  • Newer than 91% of homes in Newlands

What homes are worth in Reno 89501

Each bar is how many homes fall in that price range. The marker is this home.

This home
$244K$1.3M

This home is worth more than 60% of homes in Reno 89501.

How it measures up in Reno 89501

The dot is this home. The mark in the middle is the typical home in Reno 89501.

Estimated value$436,876
CheaperTypical $385,177Pricier

Pricier than 60% of homes nearby

Price per ft²$309
CheaperTypical $375Pricier

Pricier than 9% of homes nearby

Living area1,414 ft²
SmallerTypical 974 ft²Bigger

Bigger than 75% of homes nearby

Lot size44 ft²
SmallerTypical 958 ft²Bigger

Bigger than 2% of homes nearby

Year built1975
OlderTypical 1978Newer

Newer than 41% of homes nearby

How 516 Island Ave ranks against every home in each area.
MeasureThis homeNewlandsReno 89501Washoe County
Estimated valuepricier than$436,8762% of homes60% of homes21% of homes
Price per ft²pricier than$3099% of homes9% of homes36% of homes
Living areabigger than1,414 ft²36% of homes75% of homes31% of homes
Lot sizebigger than44 ft²6% of homes2% of homes7% of homes
Year builtnewer than197591% of homes41% of homes22% of homes

About 516 Island Ave

How much is 516 Island Ave, Reno, NV worth?

The TopHap Estimate for 516 Island Ave, Reno, NV is $436,876 as of Oct 21, 2026. The likely range is $405,460 to $468,292. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 516 Island Ave, Reno, NV last sell?

516 Island Ave, Reno, NV last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 516 Island Ave, Reno, NV?

516 Island Ave, Reno, NV has 2 bedrooms, 2 bathrooms, 1,414 square feet of living space and a 0.00-acre lot.

When was 516 Island Ave, Reno, NV built?

516 Island Ave, Reno, NV was built in 1975, making it 51 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 516 Island Ave, Reno, NV?

516 Island Ave, Reno, NV is assigned to Reno High School (high); Jessie Beck Elementary School (elementary), rated A+; Darrell C. Swope Middle School (middle), rated A. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 516 Island Ave, Reno, NV compare to other homes in Reno 89501?

Among the 1,021 homes in Reno 89501, it is worth more than 60% of them ($436,876 against a typical $385,177), its price per square foot is higher than 9% of them ($309 against a typical $375), it is bigger than 75% of them (1,414 ft² against a typical 974 ft²), its lot is bigger than 2% of them (44 ft² against a typical 958 ft²) and it is newer than 41% of them (1975 against a typical 1978). Measured against all of Washoe County, it is worth more than 21% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

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