527 River Rd NE Hanover, MN 55341
Hanover AreaEstimated payment $1,705/month
Highlights
- Corner Lot
- No HOA
- 2 Car Detached Garage
- Hanover Elementary School Rated A
- The kitchen features windows
- 3-minute walk to Settlers Park
About This Home
Located at the heart of a quaint river town, this solidly built 1962 one-and-a-half-story home
offers a blend of small-town charm, and immense
investment potential. Set on a rare and expansive one-acre in-town lot including eight black walnut trees and a vibrant sugar maple, the property provides your own park like lot.
The lifestyle here is truly unbeatable. You can walk to two of the area's finest local
restaurants, then take a stroll down to the historic Hanover Bridge—an iconic
pedestrian crossing over the scenic Crow River that connects directly to miles of paved hiking
and biking trails. Directly across the street, you will find a premium city park and top-tier
municipal facilities, all located within a remarkably well-run, welcoming community. For
hobbies, storage, and projects, the property features a large, oversized two-car garage,
offering abundant space for your cars and toys.
Inside, the main level features a comfortable two-bedroom, one-bathroom layout that is a
blank canvas just ready for a new owner to make their own. You will appreciate the 6 year old roof and 7 year old Hot water heater and you can instantly build equity and unlock the property's potential to reach approximately 2,000+ finished square feet by choosing to finish the upstairs and finish the basement and updating the main floor. The lower level features a walkout basement with large windows, flooding the area with natural light and offering easy access to your expansive backyard.
Whether you want to add multiple bedrooms, a home office, a spacious family room, or a
private master suite, the possibilities to customize these 3 levels are endless.
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- Corner Lot
- Few Trees
Parking
- 2 Car Detached Garage
Home Design
- Block Foundation
- Frame Construction
- Pitched Roof
- Architectural Shingle Roof
- Block Exterior
- Stucco Exterior
Interior Spaces
- 1.5-Story Property
- Combination Kitchen and Dining Room
Kitchen
- Built-In Oven
- Cooktop
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
- Natural lighting in basement
Utilities
- No Cooling
- Baseboard Heating
- Boiler Heating System
- 100 Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 108500362401
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $248,800 | $79,000 | $169,800 |
| 2025 | -- | $243,200 | $79,000 | $164,200 |
| 2023 | -- | $235,100 | $79,000 | $156,100 |
| 2022 | $0 | $230,200 | $79,000 | $151,200 |
| 2021 | $1,674 | $179,600 | $56,600 | $123,000 |
| 2020 | $1,814 | $169,600 | $50,000 | $119,600 |
| 2019 | $1,814 | $167,400 | $0 | $0 |
| 2018 | $1,688 | $133,900 | $0 | $0 |
| 2017 | $1,674 | $125,900 | $0 | $0 |
| 2016 | $1,678 | $0 | $0 | $0 |
| 2015 | $1,630 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | Pending | -- | -- | -- |
| 08/19/2026 08/19/26 | For Sale | $254,900 | -- | $168 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Custom Home Builders Ttl Llc | |
| Warranty Deed | $149,900 | -- |
Source: NorthstarMLS
MLS Number: 7127358
APN: 108-500-362401
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Ask me questions while you tour the home.