NOT LISTED FOR SALE

197 E Grove St Unit 5 Reno, NV 89502

The Grove Neighborhood

Estimated Value: $121,000 - $144,357

2 Beds
2 Baths
799 Sq Ft
$163/mo HOA Fee

Last Sold May 08, 2019

Last sale price $110,000 $138 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $894/month

16 Days on Market

Highlights

  • Two Primary Bedrooms
  • Clubhouse
  • Cooling System Mounted To A Wall/Window
  • View of Trees or Woods
  • Walk-In Closet
  • Laundry Room

About This Home

As of May 2019

Property is Tennent occupied and in a month to month agreement. Central location, easy get to bus line, Casinos and shopping . please call listing to arrange showing. Listing agent is the co-owner of the property. Property will sold in "as is" condition, no repair will be paid by the owners. Need 24 hours notice to show., The washer/dryer not working now ,need repair, bedrooms floor also need repair or replaced.

Last Agent to Sell the Property

Lin Guo

All Star Realty Listed on: 04/10/2019

Last Buyer's Agent

Jim Elliott

RE/MAX Professionals-Reno License #S.59872

RE/MAX Professionals-Reno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $460

Year Built

  • Built in 1982

Lot Details

  • Dog Run
  • Security Fence
  • Landscaped
  • Front Yard Sprinklers

HOA Fees

  • $163 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 799 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Rods
  • Aluminum Window Frames
  • Open Floorplan

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Common or Shared Parking
  • Assigned Parking

Location

  • Ground Level

Schools

  • Dodson Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01534109

Community Details

Overview

  • $250 HOA Transfer Fee
  • Equus Management Group Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$460

Year Built

Built in 1982

Lot Details

0

HOA Fees

$163 per month

Listing Details

  • Year Built: 1982
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 489-o
  • Co List Office Phone: 775-686-6688
  • Directions: Wrondel
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Oven, Refrigerator, Washer
  • Flooring: Laminate, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Metal Frames, Rods, Single Pane Windows

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Pitched
  • Stories: 2
  • View: Mountain(s), Trees/Woods
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Laundry Area
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01534109
  • Fencing: None
  • Zoning: MF30

Tax Info

  • Tax Annual Amount: 459.69

MLS Schools

  • Elementary School: Dodson
  • 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
$131,119

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
-$5,222,120

Purchase Details

Closed on
Dec 10, 2019
Sold by
Friesen Wesley J and Friesen Arlene R
Bought by
Synergy Wealth Llc

Purchase Details

Closed on
Apr 13, 2006
Sold by
Grove Garden Condominiums Lp
Bought by
Friesen Wesley J and Friesen Arlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,925
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

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
Synergy Wealth Llc $90,000 First Centennial Reno
Friesen Wesley J $100,000 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 Friesen Wesley J $74,925
Previous Owner Grove Garden Condominiums Lp $3,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $110,000 -15.4% $138 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $130,000 +310.1% $163 / Sq Ft
07/26/2012 07/26/12 Sold $31,700 -20.6% $42 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $39,900 -- $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 $414 $17,443 $7,700 $9,743
2024 $414 $17,297 $7,088 $10,210
2023 $385 $15,713 $6,563 $9,150
2022 $358 $13,240 $5,250 $7,990
2021 $344 $12,829 $4,795 $8,034
2020 $333 $14,127 $5,950 $8,177
2019 $323 $13,038 $5,005 $8,033
2018 $305 $10,973 $3,045 $7,928
2017 $293 $10,199 $2,345 $7,854
2016 $288 $10,298 $2,170 $8,128
2015 $287 $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

  • L

    Seller's Agent in 2019

    Lin Guo

    All Star Realty

    (775) 233-2861

    Section Image
  • Jim Elliott

    Buyer's Agent in 2019

    Jim Elliott

    RE/MAX

    (775) 527-3476

    7 in this area

    118 Total Sales

    Jim Elliott
    Section Image
  • Marshall Carrasco

    Seller's Agent in 2012

    Marshall Carrasco

    Marshall Realty

    (775) 787-7400

    143 Total Sales

    Marshall Carrasco
    Section Image
  • Shu Lan

    Buyer's Agent in 2012

    Shu Lan

    All Star Realty

    (775) 686-6688

    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 190004656

Northern Nevada Regional MLS

APN: 015-341-05

Nevada Washoe County Reno 89502 The Grove

197 E Grove St Unit 5, Reno, NV

This home is located at 197 E Grove St Unit 5, Reno, NV 89502 since 10 April 2019 and is currently estimated at $131,119, approximately $164 per square foot. This property was built in 1982. 197 E Grove St Unit 5 is a home located in Washoe County with nearby schools including Echo Loder Elementary School, Vaughn Middle School, and Earl Wooster High School.

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