NOT LISTED FOR SALE

175 E Grove St Unit 23 Reno, NV 89502

The Grove Neighborhood

Estimated Value: $135,000 - $157,000

1 Bed
1 Bath
480 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $39,900 $83 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $781/month

Highlights

  • Security Gate
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Landscaped
  • Maintained Community

About This Home

As of July 2017

In the center of town, close to the Peppermill, 1 bedroom, 1 bath, downstairs condo, window A/C, refrigerator, no pets, no RM and no Section 8 please, tenant pays gas and electric only.

Last Agent to Rent the Property

Kevin Sigstad

RE/MAX Premier Properties License #B.63841 Listed on: 04/21/2016

RE/MAX Premier Properties

Last Renter's Agent

Kevin Sigstad

Pacific Western Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 436 Sq Ft Lot
  • Landscaped
  • Backyard Sprinklers

Parking

  • Additional Parking

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Security Gate

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Ground Level

Schools

  • Loder Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Lease Option
  • The owner pays for partial utilities, sewer, association fees

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include snow removal
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Security

  • Fenced around community

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Property Type: Residential Lease
  • Horses: No
  • Lot Features: Landscaped
  • Lot Size Acres: 0.01
  • Association Amenities: Maintenance Grounds, Landscaping
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 628-o
  • Co List Office Phone: 775-828-3700
  • Directions: Virginia
  • Has Fireplace?: No
  • Living Area: 480.0
  • Building Stories5: 1
  • Lot Features Landscaped: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Rear: Yes
  • Appliances Dishwasher: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Tax Legal Elementary School2: Loder
  • Tax Legal Middle Or Junior School5: Vaughn
  • Tax Legal High School2: Wooster
  • Association Community Association Y N4: Yes
  • Lot Lot Size Acres4: 0.01
  • Listing Terms Lease Option: Yes
  • Lot Lot Size Square Feet4: 435.6
  • Lot Horses Okay Y N2: No
  • Appliances Electric Range: Yes
  • Appliances Oven: Yes
  • Owner Pays Sewer2: Yes
  • Amenities Landscaping3: Yes
  • Amenities Maintenance Grounds4: Yes
  • Amenities Fence(s)2: Yes
  • Amenities Security Gate(s)2: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Oven, Dishwasher, Electric Range
  • Owner Pays: Partial Utilities, Sewer, Association Fees
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Unit Level Ground Floor: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Interior Living Area5: 480.0
  • Interior Fireplace Y N3: No
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Stories: 1

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Additional Parking, None
  • Parking Information Garage Y N3: No
  • Parking Information Carport Y N3: No
  • Parking Features Additional Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Lot Size Sq Ft: 435.6

MLS Schools

  • Elementary School: Loder
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Synergy Wealth Llc
Bought by
Garden Property Llc
Current Estimated Value
$144,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,837,000
Outstanding Balance
$5,261,600
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$5,116,803

Purchase Details

Closed on
Jun 17, 2021
Sold by
Ruby Red Investments Llc
Bought by
Ruby Red Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,837,000
Outstanding Balance
$5,261,600
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$5,116,803

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jan 30, 2017
Sold by
Cain Daniel L
Bought by
Dinvestments Ruby Re
Seller's Agent
Fred Myer
Myer Realty
Buyer's Agent
Jim Elliott
RE/MAX Professionals-Reno
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jan 26, 2017
Sold by
Cain Rhonda
Bought by
Cain Daniel L and Cain Family Irrevocable Trust
Seller's Agent
Fred Myer
Myer Realty
Buyer's Agent
Jim Elliott
RE/MAX Professionals-Reno
List Price
$39,900
Sold Price
$39,900

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jan 11, 2017
Sold by
Davis Lawrence R
Bought by
Cain Rhonda
Seller's Agent
Fred Myer
Myer Realty
Buyer's Agent
Jim Elliott
RE/MAX Professionals-Reno
List Price
$39,900
Sold Price
$39,900

Purchase Details

Listed on
Jan 6, 2015
Closed on
Mar 24, 2015
Sold by
Davis Lawrence R
Bought by
The Dr Lawrence R Davis & Deborah D Davi
Seller's Agent
Kevin Sigstad
RE/MAX Premier Properties
Buyer's Agent
Kevin Sigstad
RE/MAX Premier Properties
Sold Price
$495
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garden Property Llc $8,780,000 Ticor Title Reno
Ruby Red Investments Llc -- None Listed On Document
Dinvestments Ruby Re -- None Available
Cain Daniel L -- None Available
Cain Rhonda $40,000 Reliant Title
Davis Lawrence R -- Reliant Title
The Dr Lawrence R Davis & Deborah D Davi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garden Property Llc $5,837,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2017 07/01/17 Rented $495 0.0% --
01/12/2017 01/12/17 Sold $39,900 0.0% $83 / Sq Ft View Prior Sale
12/22/2016 12/22/16 Pending -- -- --
12/16/2016 12/16/16 For Sale $39,900 0.0% $83 / Sq Ft
07/01/2016 07/01/16 Under Contract -- -- --
04/20/2016 04/20/16 For Rent $595 +20.2% --
03/20/2015 03/20/15 Rented $495 0.0% --
03/20/2015 03/20/15 Under Contract -- -- --
01/05/2015 01/05/15 For Rent $495 -- --
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $282 $16,126 $7,700 $8,426
2025 $394 $16,371 $7,700 $8,671
2024 $394 $16,224 $7,088 $9,136
2023 $367 $14,884 $6,563 $8,322
2022 $340 $12,484 $5,250 $7,234
2021 $328 $12,006 $4,795 $7,211
2020 $317 $13,365 $5,950 $7,415
2019 $302 $12,211 $5,005 $7,206
2018 $285 $10,184 $3,045 $7,139
2017 $274 $9,430 $2,345 $7,085
2016 $269 $9,530 $2,170 $7,360
2015 $269 $9,376 $1,785 $7,591
2014 $261 $6,812 $1,225 $5,587
2013 -- $7,034 $1,120 $5,914
Source: Public Records

Agents Affiliated with this Home

  • Fred Myer

    Seller's Agent in 2017

    Fred Myer

    Myer Realty

    (775) 745-1986

    5 Total Sales

    Fred Myer
    Section Image
  • Kevin Sigstad

    Landlord's Agent in 2017

    Kevin Sigstad

    RE/MAX

    (775) 284-1808

    4 Total Sales

    Kevin Sigstad
    Section Image
  • Jim Elliott

    Buyer's Agent in 2017

    Jim Elliott

    RE/MAX

    (775) 527-3476

    7 in this area

    331 Total Sales

    Jim Elliott
    Section Image

  • J

    Buyer's Agent in 2017

    James Elliott

    Keller Williams Group One Inc.

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 160005341

Northern Nevada Regional MLS

APN: 015-331-23

Nevada Washoe County Reno 89502 The Grove

175 E Grove St Unit 23, Reno, NV

Not Listed for Sale

Detached

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