NOT LISTED FOR SALE

197 E Grove St Unit 2 Reno, NV 89502

The Grove Neighborhood

Estimated Value: $112,000 - $282,000

2 Beds
2 Baths
762 Sq Ft
$134/mo HOA Fee

Last Sold April 23, 2013

Last sale price $39,960 $52 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $1,079/month

Highlights

  • Two Primary Bedrooms
  • Great Room
  • Cooling Available
  • Clubhouse
  • Walk-In Closet
  • Views

About This Home

As of April 2013

Short Sale property sold on "as-is" condition; seller will not make any repairs; two loans with same bank; located in a very ideal location close to almost everthing- stores, theaters, restaurants etc. Appliances included in sale without any warranty.

Last Agent to Sell the Property

Oscar Canonigo

RE/MAX Gold License #S.74205 Listed on: 11/20/2012

RE/MAX Gold

Last Buyer's Agent

Oscar Canonigo

RE/MAX Gold License #S.74205 Listed on: 11/20/2012

RE/MAX Gold

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $446

Year Built

  • Built in 1986

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 762 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Property Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • No Water Heater

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 01534113

Community Details

Overview

  • $250 HOA Transfer Fee
  • Equus Mgmt Group Association, Phone Number (775) 862-2224
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse
  • No Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$446

Year Built

Built in 1986

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Year Built: 1986
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: S. Virginia to E. Grove St/Wrondel
  • Property Attached Yn: Yes
  • Special Features: 4108

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Primary Downstairs, Walk-In Closet(s)
  • Window Features: Single Pane Windows

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Stories: 1
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: None
  • Cooling: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01534113
  • Fencing: None
  • Zoning: MF30

Tax Info

  • Tax Annual Amount: 446.22

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
Total Days on Market
0
Current Estimated Value
$171,426

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
-$5,181,813

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
$5,353,239
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$5,181,813

Purchase Details

Closed on
May 13, 2015
Sold by
Geldmacher Grace S
Bought by
Ruby Red Investments Llc Series R

Purchase Details

Closed on
Sep 13, 2010
Sold by
Dickinson Robert
Bought by
Dickinson Robert and Grace S Geldmacher 2008 Trust

Purchase Details

Closed on
May 6, 2009
Sold by
Garringer Ernest D and Garringer Iluminada B
Bought by
Dickinson Robert

Purchase Details

Closed on
Dec 20, 2006
Sold by
Grove Garden Condominiums Lp
Bought by
Garringer Ernest D and Garringer Iluminada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2005
Sold by
May Ii 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
5.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2005
Sold by
May Robert E and May Wanda J
Bought by
May Ii Llc

Purchase Details

Closed on
May 3, 2004
Sold by
May Robert E and May Wanda J
Bought by
May Ii Llc
Source: Public Records

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Range of Values:

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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
Ruby Red Investments Llc Series R $40,000 First Centennial Reno
Dickinson Robert $35,000 First Centennial Reno
Dickinson Robert $23,100 None Available
Garringer Ernest D $115,000 Founders Title Company Of Nv
Grove Garden Condominiums Lp $2,710,000 Stewart Title Of Northern Nv
May Ii Llc -- Stewart Title Of Northern Nv
May Ii Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garden Property Llc $5,837,000
Previous Owner Garringer Ernest D $88,000
Previous Owner Grove Garden Condominiums Lp $3,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2013 04/23/13 Sold $39,960 -0.1% $52 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
11/19/2012 11/19/12 For Sale $40,000 -- $52 / 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 $415 $17,443 $7,700 $9,743
2024 $415 $17,297 $7,088 $10,210
2023 $386 $15,713 $6,563 $9,150
2022 $359 $13,240 $5,250 $7,990
2021 $345 $12,829 $4,795 $8,034
2020 $333 $14,127 $5,950 $8,177
2019 $324 $13,038 $5,005 $8,033
2018 $306 $10,973 $3,045 $7,928
2017 $293 $10,199 $2,345 $7,854
2016 $288 $10,298 $2,170 $8,128
2015 $288 $10,141 $1,785 $8,356
2014 $279 $7,292 $1,225 $6,067
2013 -- $7,774 $1,120 $6,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120013795

Northern Nevada Regional MLS

APN: 015-341-02