When was property at 510 East Grove Street built and last sold?

The property at 510 East Grove Street was built in 1939 and last sold on Mar 4, 2020 for $400,000.

How much is this home worth?

The estimated value of the home located at 510 East Grove Street is $405,915.

What are some comparable homes to 510 East Grove Street?

There are currently no comparable homes to 510 East Grove Street.

Reno

89502

510 E Grove Street

1 / 9

Map

$415,912*

● House - Off Market

510 E Grove Street

Reno, NV 89502

3 Beds

1 Bath

1256 Sqft

$360,000 - $438,000

Reference Base Price*

4.00%

Since Oct 1, 2022

National-US

Primary Model

Sold Nov 14, 2022

$400,000

Jones Guy C

Buyer

Laureano Leal Trust

Seller

$280,000 by Umpqua Bank

Mortgage Due Dec 01, 2052

About This Property

Great investment opportunity in the heart of Reno near the Reno Experience District RED)! This large parcel near the corner of Grove Street and Kietzke Lane is zoned multi-family (MF-30) and could accommodate up to an 8-plex apartment building. Convenient location with easy access to MidTown, shopping and the Reno airport.

The manager has listed the unit size as 1256 square feet.

Unit Size

1,256Ft²

Days on Market

Land Size

0.28 acres

Price per sqft

$318

Property Type

House

Property Taxes

$459

HOA Dues

Year Built

1939

Price History

Date / Event	Date	Event
Nov 14, 2022	Sold to Guy C Jones	$400,000
Sold to Guy C Jones
Sep 22, 2022	No longer available	-
No longer available
Aug 20, 2022	Price Decreased	$399,900 ↓ $50K (11.1%)
Price Decreased
May 22, 2022	Price Decreased	$450,000 ↓ $30K (6.2%)
Price Decreased
May 5, 2022	Price Decreased	$479,900 ↓ $20K (4%)
Price Decreased
Feb 2, 2022	Price Decreased	$499,900 ↓ $25K (4.8%)
Price Decreased
Nov 19, 2021	Listed	$525,000
Listed
Oct 2, 2021	No longer available	-
No longer available
Jun 29, 2021	Listed	$560,000
Listed

	The manager has listed the unit size as 1256 square feet. Ferrari-Lund R.E. Sparks

Property Highlights

Fireplace

Garage

With View

Building Info

Overview

General

Year Built: 1939

Effective Year Built: 1939
Building Count: 1
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 6
Building Condition: Good
Building Quality: D
Construction Type: Frame
Exterior Walls Type: Wood siding
Roof Cover Type: Composition shingle
Floor Count: 2
Living Units: 1
Basement Area: 0
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 12,197

Total Building Area: 1,256
Gross Building Area: 1,256
Building Area: 1,256
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: unknown
Heating: Floor/wall
Heated Square Feet: 1,256
Heating Fuel Type: unknown

Utilities

Sewer System: Municipal

Water Service: Municipal

Building

Property Class: Residential

Subdivision: _UNSPECIFIED
Land Acres: 0.28
Standard Land Use Code: Single family residential
Legal Description 1: HILLBRAE TRACT E60 OF N2 LOT 5 BLOCK C

Ownership

Current Owner : JONES GUY C

Previous Owner : LAUREANO LEAL TRUST
Ownership Rights Codes: unknown

Neighborhood

School District Name: Washoe County School District

Census Tract: 000900

Zoning

Zoning: MF30

Geography

Assessors Map Reference: 020-03

Parcel: 020-031-09
Block: C
Lot: 5
Meridian: SEC 24 TWN 19N RNG 19E
Municipality: CITY OF RENO - REDEVELOPMENT A
Latitude: 39.5006
Longitude: -119.791

Address

Full Address: 510 E Grove St

Address - House Number: 510
Street Direction: E
Address - Street Name: Grove
Address - Suffix Type: St
State: NV
City Name: Reno
Carrier Code: C055
4-Digit Zip Code: 3920
Zip Code: 89502

Valuation

Tax

Tax Year: 2023

Tax Amount: $572
Intital Tax Deliquent Year: 2022
Tax Rate Code Area: 1002

Appraisal Valuation

Standard Deviation: 0.0659

Valuation Date: Feb 28, 2024
Confidence Score: 96
Final Value: 382,058
High Value: 407,251
Low Value: 356,864

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $280,000
First Open Lien Mortgage Lender: UMPQUA BANK
First Open Lien Mortgage Recording Date: Nov 14, 2022
First Open Lien Mortgage Financing Type: Adjustable Rate
First Open Lien Mortgage Loan Amount: $280,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Dec 01, 2052

Market Valuation

Market Total Value: $74,023

Market Land Value: $45,100
Market Improvement Value: $28,923

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $60,824
Assessed Land Value: $32,970
Assessed Improvements Value: $27,854

Sales

Current Sale Contract Date: Mar 04, 2020

Current Sale Recording Date: Nov 14, 2022
Current Sale Transaction ID: 11898906592
Current Sale Price: $400,000
Current Sale Document Type: Bargain and Sale Deed
Current Sale Input Document Number: 5345804

Last Sale Mortgage

First Mortgage Lender: UMPQUA BANK

First Mortgage Transaction Date: Nov 14, 2022
First Mortgage Loan Amount: $280,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Dec 01, 2052

Financing

First Mortgage Financing Type: Adjustable Rate

Redact Ownership Info

Comparables

About Reno

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$318

Below Asking

0.02%

Average Days on Market

Average Home Size

1983 ft²

Average Home Age

32.1 years

Currently For Sale

288 Listings

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,150 /mo

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728 West Pueblo Street #728 West Pueblo Street, Reno, NV, 89509 Listing by Manager

Unit for rent at 2650 Plumas Street Unit 16, Reno, NV, 89509

$2,100 /mo

2 Beds
2.5 Baths
1,232 ft²

2650 Plumas Street Unit 16 #2650 Plumas Street Unit 16, Reno, NV, 89509 Listing by Manager

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510 E Grove Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Reno

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions