$31,700
SOLD JUL 26, 2012

197 E Grove St Unit 5 Reno, NV 89502

The Grove Neighborhood
2 Beds
2 Baths
762 Sq Ft
$268/mo HOA Fee

Recently Sold

$42 Per Sq Ft

21% Below List Price

232 Days on Market

Highlights

  • Separate Formal Living Room
  • Brick or Stone Mason
  • Tile Flooring
  • Double Pane Windows
  • Laundry Room
  • Landscaped

About This Home

As of May 2019

GREAT 2 bedroom 2 bath condo located in Reno area, includes a wide open kitchen combo with wood flooring, both bedroom are great size perfect for all those buyers who are looking for a nice cozy home, Seller is to verify all information.

Last Agent to Sell the Property

Marshall Carrasco

Marshall Realty License #B.1000579 Listed on: 11/02/2011

Last Buyer's Agent

Shu Lan

All Star Realty License #B.7822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $463

Year Built

  • Built in 1986

Lot Details

  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Pitched Roof
  • Asphalt Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 762 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Home Security

Location

  • Ground Level

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 01534109

Community Details

Overview

  • $150 HOA Transfer Fee
  • Equinos Grove Association
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$463

Year Built

Built in 1986

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Year Built: 1986
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Other
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Association Fees: 134.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1812-o
  • Co List Office Phone: 775-787-7400
  • Special Conditions: Short Sale
  • Directions: S Virginia/E grove Street
  • Has Fireplace?: No
  • Living Area: 762.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Loder
  • Tax Legal Middle Or Junior School2: Vaughn
  • Tax Legal High School: Wooster
  • Tax Legal Tax Annual Amount: 462.56
  • Tax Legal Zoning4: MF30
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 134.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Water Rights Water Rights Y N: No
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Special Listing Conditions Short Sale: Yes
  • Typeof Construction Masonry4: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Equinos Grove Association
  • Special Features: 12
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 762.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Laundry Features Laundry Area: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Flooring Tile: Yes
  • Flooring Vinyl: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt, Pitched
  • Stories: 1
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes
  • Roof Asphalt3: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

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

Tax Info

  • Tax Annual Amount: 462.56

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
Current Estimated Value
$134,593

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

Range of Values:

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Average Value
Not Available
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 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

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

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110014752

Northern Nevada Regional MLS

APN: 015-341-05