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605 Margrave Dr, Reno, NV, 89502

$450,000

Home List Price

$5,344*

Closing Credit

3 Bedrooms
1 Full Bath
1,028 SqFt
$438/SqFt
House

Location

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605 Margrave Dr, Reno$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1948
HeatingElectric, Wall Furnace
CoolingAir Unit
FireplaceNone
MLS #240014220
Lot Size0.16 Acres
StatusActive
(Under Contract-Show)

About 605 Margrave Dr

Welcome to 605 Margrave Dr — a newly renovated single-family home offering modern updates and exceptional convenience. This charming 3-bedroom, 1-bathroom home spans 1,028 square feet and sits on a desirable corner lot with full paver pathways and low-maintenance landscaping in the front yard. Every detail has been thoughtfully updated, ensuring a move-in-ready experience.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,028 SqFt

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 301-5289
  • Listing Agent: Christopher Moton

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Oven, Dishwasher, Electric Cooktop, Oven
  • Flooring Type: Laminate
  • Interior: Smoke Detector
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wall Furnace
  • Cooling: Air Unit

Other

Directions Information:

  • Directions: Yori

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $438/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $506
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Reno, NV.

Med. Sold Price

$573.8K

Med. Price/SqFt

$326

Avg. Days On Market

90

# of Sold Homes

240

605 Margrave Dr vs Reno

40 DAYS ON ROCKET

-50 Days

$450,000

-$123.8K Less

$438/SqFt

+$111 More

KEY TAKEAWAY

This property is $123.8K less than the Median Sold Price and $111/SqFt more than other homes in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240014220

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 301-5289
  • Listing Agent: Christopher Moton

IDX Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 16, 2020Home Sold
$310,000
Apr 09, 2019Home Sold
$220,000
Jul 13, 2004Home Sold
$100,250
Jun 28, 2004Home Sold
$130,000
May 11, 2004Home Sold
$130,000
Dec 13, 1996Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$506$25,502
2019$446$25,011
2018$415$20,803
2017$393$15,764

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-82511
3
/10
  • Echo Loder Elementary School

  • 600 Apple St

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-82512
4
/10
  • Roger Corbett Elementary School

  • 1901 Villanova Dr

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-82513
5
/10
  • Veterans Memorial STEM Academy

  • 1200 Locust St

  • 0.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,232. Typical income of Reno, NV residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 605 Margrave Dr

What is the listing price of this property?

The listing price of 605 Margrave Dr property is $450,000.

What type of property is this?

The property 605 Margrave Dr is a house located in Reno, Nevada, 89502.

Is this property for sale now?

Active Listing: 605 Margrave Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $506 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 16, 2020 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 605 Margrave Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 605 Margrave Dr is 1,028 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 605 Margrave Dr is 1948.

Rocket HomesNevadaWashoe CountyReno89502605 Margrave Dr

This home is located at 605 Margrave Dr in Reno, NV and zip code 89502. This 1,028 square foot home, which was built in 1948, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $450,000.

Over 43 listings were sold over their listed price in November 2024 in Reno, NV. In the same period over 131 listings were sold below the listed price and 66 listings were sold for the listed price. The number of listings in Reno, NV decreased by 3.6% between October 2024 and November 2024. In November 2024 median list price was $573,827 and the average listing age was 90 days.

From Rocket Homes Real Estate and based on county public records data.

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