NOT LISTED FOR SALE

197 E Grove St Reno, NV 89502

The Grove Neighborhood

Estimated Value: $151,000 - $205,000

1 Bed
1 Bath
463 Sq Ft
$103/ mo HOA Fee

Last Sold November 24, 2021

Last sale price $115,000 $248 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,118/month

1 Day on Market

Highlights

  • Unit is on the top floor
  • Double Pane Windows
  • Cooling Available
  • Peek-A-Boo Views
  • Walk-In Closet
  • Laundry Room

About This Home

As of November 2021

Whether 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 washer included with property. Low HOA, low taxes. High CAP rate!, 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 intent on maintaining & improvements

Last Agent to Sell the Property

Kevin Sample

RockStar Realty License #B.145269 Listed on: 11/11/2021

Last Buyer's Agent

Kevin Timm Sample

Krch Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $398

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Security Fence
  • Property is Fully Fenced
  • Landscaped

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 463 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Peek-A-Boo Views

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Washer

Home Security

Parking

  • Parking Available
  • Common or Shared 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
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 01534201

Community Details

Overview

  • Association fees include insurance
  • Equis Association, Phone Number (775) 284-2050
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$398

Year Built

Built in 1986

Lot Details

436 Sq Ft Lot

HOA Fees

$103 per month

Listing Details

  • Year Built: 1986
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.01
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Landscaping, Maintenance Grounds, Maintenance Structure, Parking
  • Association Fees: 103.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance
  • Has H O A?: Yes
  • Co List Office Mls Id: 2361-o
  • Co List Office Phone: 775-378-0634
  • Directions: grove wrondell
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 463.0
  • Property Attached Yn: Yes
  • 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: 398.19
  • Tax Legal Zoning4: MU
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 103.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.01
  • Lot Lot Size Square Feet2: 435.6
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Washer: Yes
  • Fencing Full2: Yes
  • Security Features Smoke Detector(s): Yes
  • Association Amenities Maintenance Grounds: Yes
  • Security Features Security Fence: Yes
  • Construction Materials Stucco: Yes
  • View Peek: Yes
  • Association Amenities Landscaping: Yes
  • Association Amenities Maintenance Structure: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: equis
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-284-2050
  • Appliances Electric Oven: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Metal Frames, Rods
  • Interior Living Area4: 463.0
  • Interior Fireplace Y N: No
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Window Features Rods: Yes
  • Laundry Features Laundry Area: Yes
  • Window Features Metal Frames: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Laundry Features In Bathroom: Yes
  • Unit Level Top Floor: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Peek
  • Construction Type: Stucco
  • Foundation Details: None
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: 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
  • Association Amenities Parking: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Bathroom, Laundry Area
  • Cooling: Electric
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01534201
  • Fencing: Full
  • Lot Size Sq Ft: 435.6
  • Zoning: MU

Tax Info

  • Tax Annual Amount: 398.19

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
$185,759

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
$5,261,600
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$5,075,841

Purchase Details

Closed on
Jul 19, 2009
Sold by
Cain Rhonda L
Bought by
Synergy Wealth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,275
Interest Rate
5.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2009
Sold by
Finel Stella
Bought by
Cain Rhonda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,275
Interest Rate
5.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2006
Sold by
Grove Garden Condominiums Lp
Bought by
Finel Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,200
Interest Rate
8.87%
Mortgage Type
New Conventional

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
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

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 $42,000 First Centennial Reno
Cain Rhonda L $41,700 None Available
Finel Stella $146,000 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 Synergy Wealth Llc $31,275
Previous Owner Finel Stella $117,200
Previous Owner Grove Garden Condominiums Lp $3,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $115,000 -8.7% $248 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $125,900 +179.8% $272 / Sq Ft
05/16/2016 05/16/16 Sold $45,000 -9.8% $91 / Sq Ft View Prior Sale
05/06/2016 05/06/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $49,900 +24.8% $101 / Sq Ft
05/15/2015 05/15/15 Sold $40,000 0.0% $81 / Sq Ft View Prior Sale
04/12/2015 04/12/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $40,000 0.0% $81 / Sq Ft
01/07/2015 01/07/15 Rented $500 -4.8% --
01/07/2015 01/07/15 Under Contract -- -- --
12/31/2014 12/31/14 For Rent $525 -25.0% --
08/29/2013 08/29/13 Rented $700 +0.7% --
08/28/2013 08/28/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $695 -- --
Source: Northern Nevada Regional MLS

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
2026 $459 $21,778 $7,700 $14,078
2024 $592 $22,161 $7,088 $15,073
2023 $592 $20,017 $6,563 $13,454
2022 $550 $17,016 $5,250 $11,766
2021 $527 $18,891 $7,035 $11,856
2020 $495 $19,278 $7,175 $12,103
2019 $472 $18,131 $6,300 $11,831
2018 $446 $15,871 $4,200 $11,671
2017 $428 $15,329 $3,745 $11,584
2016 $419 $15,429 $3,465 $11,964
2015 $419 $15,134 $2,835 $12,299
2014 $418 $12,718 $2,100 $10,618
2013 -- $10,471 $1,575 $8,896
Source: Public Records

Agents Affiliated with this Home

  • Kevin Sample

    Seller's Agent in 2021

    Kevin Sample

    RockStar Realty

    (775) 378-0634

    1 in this area

    27 Total Sales

    Kevin Sample
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Timm Sample

    Krch Realty

  • Steve O'Brien

    Seller's Agent in 2016

    Steve O'Brien

    RE/MAX

    (775) 233-4403

    452 Total Sales

    Steve O'Brien
    Section Image
  • Jim Elliott

    Buyer's Agent in 2016

    Jim Elliott

    RE/MAX

    (775) 527-3476

    7 in this area

    319 Total Sales

    Jim Elliott
    Section Image

  • J

    Buyer's Agent in 2016

    James Elliott

    Keller Williams Group One Inc.

  • Ivy Cohen

    Seller's Agent in 2015

    Ivy Cohen

    Dickson Realty

    (775) 830-7821

    2 in this area

    97 Total Sales

    Ivy Cohen
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 210016815

Northern Nevada Regional MLS

APN: 015-341-12

Nevada Washoe County Reno 89502 The Grove

197 E Grove St, Reno, NV

Not Listed for Sale

Condos

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.

Northern Nevada Regional MLS 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.