NOT LISTED FOR SALE

116 Hanover Rd SW Cedar Rapids, IA 52404

Cherry Hill Park Neighborhood

Estimated Value: $161,000 - $208,000

3 Beds
2 Baths
894 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 116 Hanover Rd SW, Cedar Rapids, IA 52404 and is currently estimated at $188,419, approximately $210 per square foot. 116 Hanover Rd SW is a home located in Linn County with nearby schools including Junction City Elementary School, West Willow Elementary School, and Bourbon Central Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Louis Paul A and Louis Constance K
Bought by
Mcalhow Benjamin
Current Estimated Value
$188,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,758
Outstanding Balance
$122,266
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$66,153
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Mcalhow Benjamin $140,500 River Ridge Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcalhow Benjamin $137,758
Closed Mcalhow Benjamin $4,911
Source: Public Records

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 $2,526 $178,400 $36,400 $142,000
2024 $2,766 $162,500 $31,800 $130,700
2023 $2,766 $153,200 $31,800 $121,400
2022 $2,590 $140,000 $27,300 $112,700
2021 $2,436 $134,000 $27,300 $106,700
2020 $2,436 $119,000 $24,200 $94,800
2019 $2,460 $114,100 $24,200 $89,900
2018 $2,392 $114,100 $24,200 $89,900
2017 $2,402 $110,300 $24,200 $86,100
2016 $2,308 $108,600 $24,200 $84,400
2015 $2,396 $112,611 $24,240 $88,371
2014 $2,396 $112,611 $24,240 $88,371
2013 $2,344 $112,611 $24,240 $88,371
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52404 Cherry Hill Park

116 Hanover Rd SW, Cedar Rapids, IA

Not Listed for Sale

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