197 E Grove St Unit 5 Reno, NV 89502
The Grove Neighborhood
2
Beds
2
Baths
799
Sq Ft
$326/mo
HOA Fee
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 2019Property 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
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
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
- Parking Available
- 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
- Association fees include snow removal, utilities
- $250 HOA Transfer Fee
- Equus Management Group Association
- On-Site Maintenance
- Maintained Community
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Common Area
- Clubhouse
Recreation
- Snow Removal
Security
- Fire and Smoke Detector
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
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
Similar Home in Reno, NV
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $8,780,000 | Ticor Title Reno | |
| Bargain Sale Deed | $90,000 | First Centennial Reno | |
| Bargain Sale Deed | $100,000 | Founders Title Company Of Nv | |
| Bargain Sale Deed | $2,710,000 | Stewart Title Of Northern Nv | |
| Bargain Sale Deed | -- | Stewart Title Of Northern Nv | |
| Bargain Sale Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,837,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $74,925 | Fannie Mae Freddie Mac | |
| Previous Owner | $3,900,000 | Unknown |
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
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
-
Buyer's Agent in 2019
Jim Elliott
RE/MAX
(775) 527-3476
7 in this area
115 Total Sales
-
Seller's Agent in 2012
Marshall Carrasco
Marshall Realty
(775) 787-7400
138 Total Sales
-
S
Buyer's Agent in 2012
Shu Lan
All Star Realty
Map
Source: Northern Nevada Regional MLS
MLS Number: 190004656
APN: 015-341-05
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