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516 Hanover St

Lebanon, PA 17046

3 bd 2 ba 1,520 sqft Built 1940 Lot 2,178 sqft townhomes
Most recent sale
$165,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $165,000 MLS #PALN2007008
Sep 10, 2022 Listed $164,900 MLS #PALN2007008
Mar 22, 2022 Sold $81,400 Public Record
Jan 19, 2022 Listed $55,000 MLS #PALN2003460
Oct 16, 1989 Sold $39,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $45,800 $7,000 $52,800 $1,746
2025 $45,800 $7,000 $52,800 $1,700
2024 $45,800 $7,000 $52,800 $1,676
2023 $45,800 $7,000 $52,800 $1,620
2022 $45,800 $7,000 $52,800 $1,594
2021 $45,800 $7,000 $52,800 $1,540
2020 $45,800 $7,000 $52,800 $1,540
2019 $45,800 $7,000 $52,800 $1,518
2018 $45,800 $7,000 $52,800 $1,474
2016 $45,800 $7,000 $52,800 $1,435
2015 $45,800 $7,000 $52,800 $1,359
2014 $45,800 $7,000 $52,800 $1,274
2013 $45,800 $7,000 $52,800 $321
2012 $8,800 $500 $9,300 $419
2011 $8,800 $500 $9,300 $419
2010 $8,800 $500 $9,300 $1,483

Property facts

Year built
1940
Property type
townhomes
Stories
3
Beds
3
Baths
2
Living area
1,520 sqft
Lot size
2,178 sqft
ZIP code
17046
City
Lebanon
Street
Hanover St
Coordinates
40.34765, -76.41205

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Hanover St last sell?
516 Hanover St most recently sold on Oct 7, 2022 for $165,000.
What is the current tax assessment for 516 Hanover St?
The most recent total assessment for 516 Hanover St (year 2026) is $52,800 with $1,746 in property tax.
How does 516 Hanover St's assessment compare to its last sale price?
The current assessment is 68.0% below the last sale price of $165,000.
When was 516 Hanover St built?
516 Hanover St was built in 1940.
How does 516 Hanover St compare to others on Hanover St?
We track 8 other properties on Hanover St. Browse the list under "Other properties on Hanover St" to compare beds, baths, and sale history.
What are the property facts for 516 Hanover St?
516 Hanover St is a 3 bed, 2 bath, 1,520 sqft, 2,178 sqft lot townhomes.
Is 516 Hanover St a flip candidate?
Yes — 516 Hanover St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Hanover St a tax-appeal candidate?
No — 516 Hanover St 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
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$268K
2026 Q4
$273.6K
ZIP 17046 — Median Price History + Forecast

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