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701 Hanover Dr

Shelby, NC 28150

4 bd 3 ba 2,081 sqft Built 1974 Lot 30,928 sqft single_family
Most recent sale
$312,500
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $312,500 MLS #3850406
Apr 23, 2022 Listed $310,000 MLS #3850406
Jul 9, 2020 Sold $205,000 Public Record
May 17, 2016 Sold $125,900 MLS #3041962
Mar 23, 2016 Listing removed $135,900 ClevelandCounty
Mar 1, 2016 Price changed $135,900 MLS #55398
Oct 20, 2015 Relisted $141,900 MLS #55398
Oct 16, 2015 Listing removed $145,900 CanopyMLS
Aug 2, 2015 Listing removed $145,900 ClevelandCounty
Jul 29, 2015 Price changed $145,900 MLS #55398
Oct 16, 2014 Listed $149,900 MLS #3041962

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,854 $32,222 $259,076 $2,602
2024 $226,854 $32,222 $259,076 $2,069
2023 $142,172 $28,386 $170,558 $2,069
2022 $142,172 $28,386 $170,558 $2,069
2021 $142,172 $28,386 $170,558 $2,080
2020 $104,898 $28,386 $133,284 $1,678
2019 $104,898 $28,386 $133,284 $1,678
2018 $104,898 $28,386 $133,284 $1,676
2017 $104,898 $28,386 $133,284 $1,643
2016 $104,898 $28,386 $133,284 $1,640
2015 $110,966 $28,386 $139,352 $1,619
2014 $110,966 $28,386 $139,352 $1,619
2013 $110,966 $28,386 $139,352 $1,619
2012 $110,966 $28,386 $139,352 $1,624
2011 $110,966 $28,386 $139,352 $1,616
2010 $110,966 $28,386 $139,352 $1,616
2009 $110,966 $28,386 $139,352 $1,616

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,081 sqft
Lot size
30,928 sqft
ZIP code
28150
City
Shelby
Street
Hanover Dr
Coordinates
35.29854, -81.55227

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,809
Gross rental yield
10.79%
Implied cap rate
7.01%
Trend-extrapolated value

Frequently asked questions

When did 701 Hanover Dr last sell?
701 Hanover Dr most recently sold on May 27, 2022 for $312,500.
What is the current tax assessment for 701 Hanover Dr?
The most recent total assessment for 701 Hanover Dr (year 2025) is $259,076 with $2,602 in property tax.
How does 701 Hanover Dr's assessment compare to its last sale price?
The current assessment is 17.1% below the last sale price of $312,500.
When was 701 Hanover Dr built?
701 Hanover Dr was built in 1974.
How does 701 Hanover Dr compare to others on Hanover Dr?
We track 8 other properties on Hanover Dr. Browse the list under "Other properties on Hanover Dr" to compare beds, baths, and sale history.
What are the property facts for 701 Hanover Dr?
701 Hanover Dr is a 4 bed, 3 bath, 2,081 sqft, 30,928 sqft lot single_family.
Is 701 Hanover Dr a flip candidate?
Yes — 701 Hanover Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 701 Hanover Dr a tax-appeal candidate?
No — 701 Hanover Dr 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$297.4K
2026 Q4
$302.5K
ZIP 28150 — Median Price History + Forecast

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