NOT LISTED FOR SALE

575 Margrave Dr Reno, NV 89502

The Grove Neighborhood

Estimated Value: $423,000 - $442,940

3 Beds
1 Bath
1,032 Sq Ft
$421/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $420,100 $407 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,428/month

4 Days on Market

Highlights

  • Mountain View
  • Separate Formal Living Room
  • Double Pane Windows
  • 1 Fireplace
  • No HOA
  • Laundry Room

About This Home

As of September 2021

Welcome home! This adorable cottage has new carpet, a fresh coat of paint, and granite countertops. The backyard is large and a blank slate to landscape as you like. Large two car detached garage, perfect for extra storage, a workout room, or a car guru! This home is light and bright and perfect for the first time homebuyer or investor. Sewer line was replaced in 2014.

Last Agent to Sell the Property

Ivy Cohen

Dickson Realty - Sparks License #S.168046 Listed on: 08/12/2021

Dickson Realty - Sparks

Last Buyer's Agent

Kim Salavarrieta

Real Estate in Nevada License #S.64730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $572

Year Built

  • Built in 1948

Lot Details

  • 9,583 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Property is zoned SF8

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room
  • Separate Formal Living Room
  • Mountain Views
  • Crawl Space

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Cabinets

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 01518313

Home Details

Home Type

Single Family

Est. Annual Taxes

$572

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.22
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1240-o
  • Co List Office Phone: 775-685-8800
  • Directions: Plumb, Yori, Margrave
  • Has Fireplace?: Yes
  • Living Area: 1032.0
  • 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: 572.14
  • Tax Legal Zoning4: SF8
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.22
  • Lot Lot Size Square Feet2: 9583.2
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Appliances Electric Range: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Oven, Refrigerator
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Primary Downstairs
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 1032.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Window Features Blinds: Yes
  • Living Room Features Family Room Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Flooring Laminate: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area
  • Heating: Fireplace(s), Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01518313
  • Fencing: Back Yard
  • Lot Size Sq Ft: 9583.2
  • Zoning: SF8

Tax Info

  • Tax Annual Amount: 572.14

MLS Schools

  • Elementary School: Loder
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 14, 2021
Sold by
Reading Chance
Bought by
Wagenske Laura
Seller's Agent
Ivy Cohen
Dickson Realty - Sparks
Buyer's Agent
Kim Salavarrieta
Real Estate in Nevada
List Price
$399,000
Sold Price
$420,100
Premium/Discount to List
$21,100
5.29%
Current Estimated Value
$434,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,885
Avg. Annual Appreciation
0.39%
Original Mortgage
$336,000
Outstanding Balance
$311,177
Interest Rate
3.01%
Mortgage Type
Credit Line Revolving
Estimated Equity
$115,431

Purchase Details

Listed on
Apr 2, 2014
Closed on
Apr 10, 2014
Sold by
Reno Project Management Llc
Bought by
Reading Chance
Seller's Agent
Steve O'Brien
RE/MAX Professionals-Reno
Buyer's Agent
Ivy Cohen
Dickson Realty - Sparks
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$124,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2014
Sold by
Cox Michael W
Bought by
Reno Project Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2010
Sold by
Ball Michael J
Bought by
Cox Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.01%
Mortgage Type
VA

Purchase Details

Closed on
Feb 3, 2010
Sold by
Ball Michael J
Bought by
Ball Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.01%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Wagenske Laura $420,100 First Centennial Reno
Reading Chance $155,000 Western Title Co
Reno Project Management Llc $119,500 Western Title Company Inc
Cox Michael W $120,000 First Centennial Reno
Ball Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagenske Laura $336,000
Previous Owner Reading Chance $247,000
Previous Owner Reading Chance $177,000
Previous Owner Reading Chance $124,000
Previous Owner Cox Michael W $120,000
Previous Owner Ball Norma B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $420,100 +5.3% $407 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $399,000 +157.4% $387 / Sq Ft
05/23/2014 05/23/14 Sold $155,000 0.0% $150 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $155,000 -- $150 / 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 $697 $53,173 $35,140 $18,033
2024 $633 $50,984 $32,970 $18,015
2023 $633 $49,427 $34,370 $15,057
2022 $617 $38,302 $25,795 $12,507
2021 $572 $27,602 $15,785 $11,817
2020 $554 $28,237 $16,450 $11,787
2019 $538 $27,638 $16,450 $11,188
2018 $503 $23,297 $12,670 $10,627
2017 $489 $18,213 $7,700 $10,513
2016 $477 $18,209 $7,700 $10,509
2015 $475 $15,741 $5,425 $10,316
2014 $455 $14,801 $5,005 $9,796
2013 -- $12,077 $2,555 $9,522
Source: Public Records

Agents Affiliated with this Home

  • Ivy Cohen

    Seller's Agent in 2021

    Ivy Cohen

    Dickson Realty

    (775) 830-7821

    2 in this area

    89 Total Sales

    Section Image
  • Kim Salavarrieta

    Buyer's Agent in 2021

    Kim Salavarrieta

    Real Estate in Nevada

    (775) 741-6220

    1 in this area

    15 Total Sales

    Section Image
  • Steve O'Brien

    Seller's Agent in 2014

    Steve O'Brien

    RE/MAX

    (775) 233-4403

    431 Total Sales

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 210012009

Northern Nevada Regional MLS

APN: 015-183-13

Nevada Washoe County Reno 89502 The Grove

575 Margrave Dr, Reno, NV

This home is located at 575 Margrave Dr, Reno, NV 89502 since 12 August 2021 and is currently estimated at $434,985, approximately $421 per square foot. This property was built in 1948. 575 Margrave Dr 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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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. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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