Armando Reyes
Responds Quickly
Coldwell Banker Select RE M
(775) 364-5632
73 Total Sales
3 in The Grove
$265K - $657K Price Range
197 E Grove St Unit 14 Reno, NV 89502
The Grove NeighborhoodEstimated Value: $148,000 - $336,000
1
Bed
1
Bath
493
Sq Ft
1986
Built
Highlights
- Unit is on the top floor
- Double Pane Windows
- Cooling Available
- Clubhouse
- Walk-In Closet
- Laundry Room
About This Home
As of February 2018Whether you're looking for a place for yourself or a great investment, this centrally located end-unit condo provides a fantastic opportunity for ownership! Updated and turnkey, you don't have to do a thing but move right in--brand new tile floors, fresh paint, newer cabinets, counters, appliances and fixtures. Two spacious rooms, with a walk-in closet, and washer/dryer hookups inside the unit! Refrigerator and dryer included with property. Low HOA, low taxes. High CAP rate! Owner will carry financing!, High walkability factor in this location! This complex is adjacent to the Park Lane Mall redevelopment project now underway, featuring 110,000sf of brand new retail and restaurant space, 100,000sf of office space, and 725 new residential units, in addition to the already existing movie theater, shops and Peppermill Casino. Owner will carry financing! Contact listing agent for more information on Owner Financing, rental rates and the complex. The complex has an active HOA that is intent on maintaining and improving the property. Conventional financing in the complex is possible with owner occupant (verify with lender). HOA covers water, trash.
Last Agent to Sell the Property
RE/MAX Professionals-Reno License #S.59872 Listed on: 01/17/2018
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $325
Year Built
- Built in 1986
Lot Details
- Property fronts a private road
- Security Fence
HOA Fees
- $99 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Stick Built Home
- Stucco
Interior Spaces
- 493 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Aluminum Window Frames
- Open Floorplan
- Ceramic Tile Flooring
Kitchen
- Built-In Oven
- Electric Oven
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Laundry in Bathroom
- Dryer
Parking
- Parking Available
- Common or Shared Parking
- Assigned Parking
Location
- Unit is on the top floor
Schools
- Loder Elementary School
- Vaughn Middle School
- Wooster High School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01534201
Community Details
Overview
- Association fees include utilities
- Equus Association, Phone Number (775) 284-2050
- Maintained Community
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Clubhouse
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 22, 2021
Sold by
Bought by
Current Estimated Value
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
$5,179,951
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$4,959,202
Purchase Details
Closed on
Jun 17, 2021
Sold by
Bought by
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
$5,179,951
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$4,959,202
Purchase Details
Closed on
Jan 30, 2017
Sold by
Bought by
Purchase Details
Closed on
Nov 28, 2016
Sold by
Bought by
Purchase Details
Closed on
Oct 8, 2016
Sold by
Bought by
Purchase Details
Closed on
Apr 25, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2005
Sold by
Bought by
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
5.51%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 25, 2005
Sold by
Bought by
Purchase Details
Closed on
May 3, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Grove, NV
-
Armando Reyes
-
Amanda Mueller
Amanda Mueller
Responds QuicklyNextHome Yourpickettfence Group
(857) 367-1953
21 Total Sales
1 in The Grove
$500,000 Price
-
Tim Lambdin
Tim Lambdin
NextHome Yourpickettfence Group
(775) 204-6744
87 Total Sales
1 in The Grove
$475,000 Price
-
Jennifer Jory
Jennifer Jory
Haute Properties NV
(775) 414-6720
51 Total Sales
1 in The Grove
$669,900 Price
-
Debbie Kane
Debbie Kane
Ferrari-Lund Real Estate Reno
(775) 204-8486
53 Total Sales
3 in The Grove
$144K - $400K Price Range
-
Tayona Tate
Tayona Tate
NextHome Yourpickettfence Group
(775) 414-6462
86 Total Sales
1 in The Grove
$392,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $8,780,000 | Ticor Title Reno | ||
| -- | None Listed On Document | ||
| -- | None Available | ||
| -- | None Available | ||
| $63,000 | Reliant Title | ||
| $140,000 | Founders Title Company Of Nv | ||
| $2,710,000 | Stewart Title Of Northern Nv | ||
| -- | Stewart Title Of Northern Nv | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $5,837,000 | ||
| Previous Owner | $111,000 | ||
| Previous Owner | $3,900,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2018 02/07/18 | Sold | $113,000 | -5.0% | $229 / Sq Ft | |
| 01/17/2018 01/17/18 | For Sale | $119,000 | +526.3% | $241 / Sq Ft | |
| 10/19/2012 10/19/12 | Sold | $19,000 | -20.8% | $39 / Sq Ft | View Prior Sale |
| 10/19/2012 10/19/12 | Pending | -- | -- | -- | |
| 02/15/2012 02/15/12 | For Sale | $24,000 | -- | $49 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $417 | $21,778 | $7,700 | $14,078 |
| 2025 | $606 | $22,039 | $7,700 | $14,339 |
| 2024 | $564 | $22,161 | $7,088 | $15,073 |
| 2023 | $564 | $20,017 | $6,563 | $13,454 |
| 2022 | $524 | $17,016 | $5,250 | $11,766 |
| 2021 | $502 | $18,891 | $7,035 | $11,856 |
| 2020 | $486 | $19,278 | $7,175 | $12,103 |
| 2019 | $464 | $18,131 | $6,300 | $11,831 |
| 2018 | $446 | $15,871 | $4,200 | $11,671 |
| 2017 | $428 | $15,329 | $3,745 | $11,584 |
| 2016 | $418 | $15,429 | $3,465 | $11,964 |
| 2015 | $417 | $15,134 | $2,835 | $12,299 |
| 2014 | $417 | $12,718 | $2,100 | $10,618 |
| 2013 | -- | $10,471 | $1,575 | $8,896 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Elliott
Seller's Agent in 2018
Jim Elliott
RE/MAX
(775) 527-3476
5 in this area
273 Total Sales
-
Kevin Sample
Buyer's Agent in 2018
Kevin Sample
RockStar Realty
(775) 378-0634
1 in this area
24 Total Sales
-
K
Buyer's Agent in 2018
Kevin Timm Sample
Krch Realty
-
Marshall Carrasco
Seller's Agent in 2012
Marshall Carrasco
Marshall Realty
(775) 787-7400
75 Total Sales
-
K
Buyer's Agent in 2012
Kevin OBrien
Real Estate in Nevada
Map
Source: Northern Nevada Regional MLS
MLS Number: 180000591
APN: 015-341-14
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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