NOT LISTED FOR SALE

175 E Grove St Unit 34 Reno, NV 89502

The Grove Neighborhood

Estimated Value: $131,000 - $138,000

1 Bed
1 Bath
480 Sq Ft
$103/mo HOA Fee

Last Sold November 14, 2019

Last sale price $76,000 $158 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $885/month

14 Days on Market

Highlights

  • Unit is on the top floor
  • Great Room
  • Ceramic Tile Flooring
  • Clubhouse
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2019

Perfect starter home or investment property! Nicely upgraded one bedroom condo features an updated kitchen with newer cabinets and appliances (refrigerator included!) Bamboo floors throughout the home add character and are easy to maintain. The home also features an updated bathroom and air unit (heater/air conditioner). Great location near the new Park Lane development in MidTown; walk to the movie theater, restaurants and shopping.

Last Listed By

Jack Cote'

RE/MAX Gold License #S.68742 Listed on: 10/15/2019

RE/MAX Gold

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $299

Year Built

  • Built in 1982

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Aluminum Window Frames
  • Great Room

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Landscaped
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 01533209

Community Details

Overview

  • Property managed by Equus 775-284-2050
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$299

Year Built

Built in 1982

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Class: Residential
  • Type: Residential
  • Type Of Property: Condo/Townhouse
  • Dwelling Type: Condo
  • Unit Level: Top Floor
  • Insulation: Unknown
  • Adjoins: Street
  • Within City Limits: Yes
  • Access: Public
  • Extended Remarks: Low HOA fee of $107 per month includes water and trash service, as well as building and landscape maintenance.
  • Lvt Date: 10/15/2019
  • Year Built: 1982
  • Xstreet Directions: S. Virginia, East on Grove
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Personal Property Included: Electric Range - Oven, Refrigerator in Kitchen
  • Interior Fixtures: Blinds - Shades, Smoke Detector(s)
  • Water Heater: Electric
  • Floor Covering: Ceramic Tile, Laminate
  • Attached Common Wall: Yes
  • Bedrooms: 1
  • Full Or Three Quarter Bathrooms: 1
  • Half Bathrooms: 0
  • Kitchen: Built-In Dishwasher, Garbage Disposal
  • Laundry Area: Common, Yes
  • Living Room: Great Room
  • Dining Room: Great Room
  • Price Per Sq Ft: 158.33
  • Sold Price Per Sq Ft: 158.33
  • Source Of Sq Ft: Assessor
  • Total Living Space: 480
  • Price Per Sq Ft: 187.27

Exterior Features

  • Windows: Metal Frame
  • Construction: Site/Stick-Built
  • Exterior: Wood Siding
  • Exterior Features: None - NA
  • Foundation: Concrete Slab
  • Landscaped: Partially Landscaped
  • Roof: Composition - Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Garage Types: Designated Parking
  • Number Carport: 0
  • Garage: 0

Utilities

  • Heating Cooling: Electric, Wall Heater, Air Unit
  • Internet: Yes
  • Utilities: Electricity, City - County Water, City Sewer, Cable, Telephone, Internet Available, Cellular Coverage Avail

Condo/Co-op/Association

  • Average Monthly Common Interest Community Fee: 103
  • HOA: Yes
  • Hoa Mgt Co: Equus 775-284-2050
  • Setup Fee: 200
  • Hoa Amenities: Club Hs/Rec Room, Common Area Maint, Exterior Maint, Landsc Maint Full, Snow Removal, Partial Utilities
  • Total Setup Fees: 200
  • Association Fee: 103
  • Association Fee Period: Monthly
  • Common Interest Ownership: Yes

Schools

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

Lot Info

  • Parcel Number: 01533209
  • Topography: Level
  • Zoning Actual: MU

Tax Info

  • Taxes Dollar: 298.8

MLS Schools

  • Elementary School: Loder
  • HighSchool: Wooster
  • Middle School: Vaughn

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
Total Days on Market
14
Current Estimated Value
$135,072

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
$5,353,239
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$5,218,167

Purchase Details

Closed on
Jun 18, 2021
Sold by
Browning Jonathan and Grove Street E 5 Trust
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
$5,353,239
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$5,218,167

Purchase Details

Listed on
Oct 15, 2019
Closed on
Nov 12, 2019
Sold by
Redei Laszlo and Redei Guillermina
Bought by
Browning Jonathan and Grove Street E 5 Trust
Seller's Agent
Jack Cote'
RE/MAX Gold
Buyer's Agent
Jim Elliott
RE/MAX Professionals-Reno
List Price
$89,890
Sold Price
$76,000
Premium/Discount to List
-$13,890
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Aug 1, 2008
Sold by
Ritter Ryan and Sobrio Amber
Bought by
Redei Laszlo and Redei Guillermina

Purchase Details

Closed on
Jul 8, 2006
Sold by
Grove Garden Condominiums Lp
Bought by
Ritter Ryan and Sobrio Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2005
Sold by
May Iii Llc
Bought by
Grove Garden Condominiums Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
May Robert E and May Wanda J
Bought by
May Iii Llc

Range of Values:

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Average Value
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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 Available
Browning Jonathan $76,000 First Centennial Title Reno
Redei Laszlo $40,000 Ticor Title Reno
Ritter Ryan $80,000 Founders Title Company Of Nv
Grove Garden Condominiums Lp $1,760,000 Stewart Title Of Northern Nv
May Iii Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garden Property Llc $5,837,000
Previous Owner Ruby Red Investments Llc Series Aj $170,000
Previous Owner Ritter Ryan $76,000
Previous Owner Grove Garden Condominiums Lp $3,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2019 11/14/19 Sold $76,000 -15.5% $158 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $89,890 -- $187 / Sq Ft
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
2025 $390 $16,371 $7,700 $8,671
2024 $363 $16,224 $7,088 $9,136
2023 $363 $14,884 $6,563 $8,322
2022 $337 $12,484 $5,250 $7,234
2021 $324 $12,006 $4,795 $7,211
2020 $313 $13,365 $5,950 $7,415
2019 $299 $12,211 $5,005 $7,206
2018 $282 $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

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Map

Source: Northern Nevada Regional MLS

MLS Number: 190015849

Northern Nevada Regional MLS

APN: 015-332-09