NOT LISTED FOR SALE

650 Margrave Dr Reno, NV 89502

The Grove Neighborhood

Estimated Value: $508,000 - $526,000

4 Beds
2 Baths
1,774 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $429,750 $242 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,839/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Separate Formal Living Room
  • Double Pane Windows
  • Mountain View
  • No HOA
  • Refrigerated and Evaporative Cooling System

About This Home

As of June 2021

Property consists of the main house 3 BR, 1 BA and a Granny Flat 1 BR, 1 BA Casita or rental. SF is a total of both units. Both properties share the laundry area and the yard. The main house is currently leased for $1,095 and runs till May, 31st & becomes moth to month. The Granny Flat is Month to Month and rents for $900. Both units are to be sold in "as is" condition. Please do not disturb the tenants. Showings to be scheduled upon accepted offer. Listing agent is related to the Seller., Property consists of the main house 3 BR, 1 BA and a grandfathered Granny Flat 1 BR, 1 BA Casita or rental. SF is a total of both units. Both properties share the laundry area and the yard. The main house is currently leased for $1,095 and runs till May, 31st & becomes moth to month. The Granny Flat is Month to Month and rents for $900 (Has been a rental unit since before the Seller purchased the home) Both units are to be sold in "as is" condition. Please do not disturb the tenants. Showings to be scheduled upon accepted offer. Listing agent is related to the Seller. (Call Listing agent Nate Dolan with questions)

Last Agent to Sell the Property

Nate Dolan

Stitser Properties License #S.177633 Listed on: 03/10/2021

Last Buyer's Agent

Lexanne Fox

Nevada's Best License #S.74206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 1948

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Property is zoned SF6

Parking

  • RV Access or Parking

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Masonite

Interior Spaces

  • 1,774 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • No Kitchen Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Cabinets

Accessible Home Design

  • Roll-in Shower
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01519206

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.22
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 2342-o
  • Co List Office Phone: 775-393-9881
  • Directions: Yori
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1774.0
  • 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: 999.33
  • Tax Legal Zoning4: SF6
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.22
  • Lot Lot Size Square Feet2: 9583.2
  • Lot Horse Y N2: No
  • Construction Materials Masonite: Yes
  • Lot View Y N2: Yes
  • Cooling Evaporative Cooling: Yes
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Foundation Details Crawl Space: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Fencing Partial2: Yes
  • Appliances None2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, None
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Roll In Shower
  • Window Features: Blinds, Double Pane Windows, Drapes, Single Pane Windows
  • Interior Living Area4: 1774.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Flooring Laminate: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Dining Room Features Ceiling Fan(s)4: Yes
  • Interior Features Wide- Width Doorways: Yes
  • Interior Features Roll In Shower: Yes
  • Laundry Features Common Area2: Yes

Exterior Features

  • Exterior Features: Entry Flat or Ramped Access, None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Masonite
  • Foundation Details: Crawl Space, Slab
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Entry Flator Ramped Access: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: RV Access/Parking, None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Parking Features R V Access Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Common Area, Laundry Area
  • Cooling: Electric, Evaporative Cooling
  • Heating: Electric, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Wall Furnace: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01519206
  • Fencing: Partial
  • Lot Size Sq Ft: 9583.2
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 999.33

MLS Schools

  • Elementary School: Loder
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Tsd Rental Properties Llc
Bought by
Hutchison Donald S and Hutchison Melinda A
Current Estimated Value
$516,716

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jun 8, 2021
Sold by
Tsd Rental Properties Llc
Bought by
Hutchison Donald S and Hutchison Melinda A
Seller's Agent
Nate Dolan
Stitser Properties
Buyer's Agent
Lexanne Fox
Nevada's Best
List Price
$434,500
Sold Price
$429,750
Premium/Discount to List
-$4,750
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$228,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2012
Closed on
Aug 1, 2013
Sold by
Sanford Debra Kay and Dross Debra
Bought by
Tsd Rental Properties Llc
Seller's Agent
Rick Lund
Ferrari-Lund Real Estate South
Buyer's Agent
Yolanda Young
RE/MAX Gold
List Price
$110,000
Sold Price
$133,000
Premium/Discount to List
$23,000
20.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%

Purchase Details

Closed on
Aug 11, 2006
Sold by
Dross Debra
Bought by
Dross Debra and Dross Venus

Purchase Details

Closed on
Feb 1, 2006
Sold by
Taylor Bonnie C
Bought by
Dross Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Hutchison Donald S -- Stewart Title
Hutchison Donald S $429,750 Stewart Title Company Nv
Tsd Rental Properties Llc $133,000 None Available
Sanford Debra Kay -- First Centennial Title
Dross Debra -- None Available
Dross Debra $300,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchison Donald S $228,750
Previous Owner Dross Debra $240,000
Previous Owner Taylor Bonnie C $62,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $429,750 -1.1% $242 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $434,500 +226.7% $245 / Sq Ft
08/07/2013 08/07/13 Sold $133,000 +20.9% $75 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
10/24/2012 10/24/12 For Sale $110,000 -- $62 / 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 $1,322 $72,810 $49,805 $23,005
2024 $1,322 $72,867 $49,805 $23,062
2023 $1,186 $72,379 $52,150 $20,229
2022 $1,151 $55,477 $39,025 $16,452
2021 $1,064 $39,325 $23,345 $15,980
2020 $999 $39,797 $22,750 $17,047
2019 $970 $35,659 $19,250 $16,409
2018 $931 $33,491 $17,500 $15,991
2017 $905 $29,259 $13,300 $15,959
2016 $882 $27,646 $10,850 $16,796
2015 $226 $25,833 $9,450 $16,383
2014 $854 $24,758 $8,890 $15,868
2013 -- $22,467 $6,860 $15,607
Source: Public Records

Agents Affiliated with this Home

  • Nate Dolan

    Seller's Agent in 2021

    Nate Dolan

    Stitser Properties

    (775) 870-7478

    1 in this area

    69 Total Sales

    Nate Dolan
    Section Image

  • L

    Buyer's Agent in 2021

    Lexanne Fox

    Nevada's Best

    Section Image

  • R

    Seller's Agent in 2013

    Rick Lund

    Ferrari-Lund Real Estate South

  • Yolanda Young

    Buyer's Agent in 2013

    Yolanda Young

    RE/MAX

    (775) 843-0546

    88 Total Sales

    Yolanda Young
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 210003011

Northern Nevada Regional MLS

APN: 015-192-06

Nevada Washoe County Reno 89502 The Grove

650 Margrave Dr, Reno, NV

This home is located at 650 Margrave Dr, Reno, NV 89502 since 10 March 2021 and is currently estimated at $516,716, approximately $291 per square foot. This property was built in 1948. 650 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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