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408 Hanover Rd

Cedar Rapids, IA 52404

4 bd 1 ba 1,422 sqft Built 1970 Lot 7,634 sqft single_family
Most recent sale
$189,000
Dec 1, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2024 Sold $204,900 CedarRapids
Mar 15, 2024 Listed $204,900 CedarRapids
Dec 1, 2023 Sold $189,000 CedarRapids
Apr 26, 2021 Sold $160,000 Public Record
Apr 24, 2021 Listing removed CedarRapids
Apr 13, 2021 Listed $159,950 CedarRapids
Jul 30, 2014 Sold $120,000 Public Record
Jun 21, 2014 Listing removed $119,900 CedarRapids
Jun 17, 2014 Price changed $119,900 CedarRapids
May 14, 2014 Listed $125,000 CedarRapids

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,000 $36,700 $192,700 $3,026
2023 $122,600 $32,100 $154,700 $2,796
2022 $113,900 $27,500 $141,400 $2,602
2021 $107,100 $27,500 $134,600 $2,788
2020 $101,900 $24,500 $126,400 $2,716
2019 $101,900 $24,500 $126,400 $2,612
2018 $96,700 $24,500 $121,200 $2,540
2017 $96,700 $24,500 $121,200 $2,526
2016 $91,500 $24,500 $116,000 $2,428
2015 $89,700 $24,500 $114,200 $2,294
2014 $92,049 $24,480 $116,529 $2,240
2012 $92,049 $24,480 $116,529 $2,170
2011 $92,049 $24,480 $116,529 $2,102
2010 $89,342 $27,540 $116,882 $2,028
2009 $88,226 $27,540 $115,766 $1,932
2004 $76,494 $27,540 $104,034 $1,550

Property facts

Year built
1970
Property type
single_family
Stories
Beds
4
Baths
1
Living area
1,422 sqft
Lot size
7,634 sqft
ZIP code
52404
City
Cedar Rapids
Street
Hanover Rd
Coordinates
41.96615, -91.74504

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,133
Gross rental yield
13.54%
Implied cap rate
8.80%
Trend-extrapolated value

Frequently asked questions

When did 408 Hanover Rd last sell?
408 Hanover Rd most recently sold on Dec 1, 2023 for $189,000.
What is the current tax assessment for 408 Hanover Rd?
The most recent total assessment for 408 Hanover Rd (year 2025) is $192,700 with $3,026 in property tax.
How does 408 Hanover Rd's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $189,000.
When was 408 Hanover Rd built?
408 Hanover Rd was built in 1970.
How does 408 Hanover Rd compare to others on Hanover Rd?
We track 8 other properties on Hanover Rd. Browse the list under "Other properties on Hanover Rd" to compare beds, baths, and sale history.
What are the property facts for 408 Hanover Rd?
408 Hanover Rd is a 4 bed, 1 bath, 1,422 sqft, 7,634 sqft lot single_family.
Is 408 Hanover Rd a flip candidate?
No — 408 Hanover Rd does not appear in our flips dataset.
Is 408 Hanover Rd a tax-appeal candidate?
No — 408 Hanover Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.1%
Implied 1-yr
+28.5%
2026 Q3
$624.7K
2026 Q4
$655.1K
ZIP 52404 — Median Price History + Forecast

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