This home's estimate is 35% lower than the average sale price ($366K) of 6 comparable homes.
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527 River Rd NE, Hanover, MN 55341
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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 Bridgean 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.
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Last updated September 2026
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Est. $2,368 per month, based on comparable rentals
Sale and tax history for 527 River Rd NE
- Sale History
- Tax History
Public record
Property details
Parking
- Parking Information
- Parking Features: Asphalt
- Garage Spaces: 2
- Garage Dimensions: 25x25
- Garage Sq. Ft.: 624
- Garage Door Height: 7
- Garage Door Width: 16
- Carport Spaces: 0
Interior
- Bedroom Information
- # of Bedrooms: 2
- Bathroom Information
- # of Full Baths (Total): 1
- Description: Main Floor Full Bath,Rough In
- Room 1 Information
- Room Type: Den
- Room Dimensions: 17x15
- Room 2 Information
- Room Type: Dining Room
- Room Dimensions: 12x09
- Room Level: Main
- Room 3 Information
- Room Type: Family Room
- Room Dimensions: 17x15
- Room 4 Information
- Room Type: Bedroom
- Room Dimensions: 13x11
- Room Level: Main
- Room 5 Information
- Room Type: Kitchen
- Room Dimensions: 12x09
- Room Level: Main
- Room 6 Information
- Room Type: Living Room
- Room Dimensions: 19x11
- Room Level: Main
- Room 7 Information
- Room Type: Bedroom 2
- Room Dimensions: 12x10
- Room Level: Main
- Room 8 Information
- Room Type: Unfinished
- Room Dimensions: 34x19
- Room Level: Upper
- Laundry Room Information
- Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
- Basement Information
- Has Basement
- Basement Features: Block, Daylight/Lookout Windows, Finished, Full, Walkout
- Dining Room Information
- Dining Room Features: Kitchen/Dining Room
- Other Rooms Information
- Main Floor Bedroom
- Heating & Cooling
- Heating Information: Baseboard, Boiler
- Cooling Information: None
- Interior Features
- Appliances: Cooktop, Dryer, Refrigerator, Wall Oven, Washer
Exterior
- Building Information
- Construction Materials: Block, Frame
- Foundation Area: 1,008
- Roof: Age 8 Years or Less, Pitched
- Exterior Features
- Exterior Features: Stucco
- Pool Information
- Pool Features: None
- Property Information
- Above Ground Total Sq. Ft.: 1,680
- Below Ground Total Sq. Ft.: 1,008
- FractionalOwnershipYN: No
- Property Type: Residential
- Above Grade Finished Area: 1,008
- Below Grade Finished Area: 510
- Amenities: Hardwood Floors,Kitchen Window,Tile Floors
- Lot Information
- Lot Features: Corner Lot, Tree Coverage - Medium
- Lot Size Area: 1
- Lot Size Units: Acres
- Lot Size Dimensions: Irregular
- Road Frontage Type: City Street, Paved Streets
Financial
- Tax Information
- Tax Year: 2026
- Financial Information
- VA
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: Fuses, 100 Amp Service
- Power Company Name: Xcel Energy
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- School Information
- High School District: Buffalo-Hanover-Montrose
- School District Number: 877
- School District Phone: 7636828707
- Location Information
- Directions: Cty rd 19 to River Rd
- Map Coordinate: 60-E3
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 1,994
- Stories: 1.25
- Lot Size: 1 acres
- Style: Other
- Year Built: 1962
- Year Renovated: 1975
- County: Wright County
- APN: 108500362401
Other
- Home Information
- Living Area: 1518
- Living Area Units: Square Feet
- Main Level Finished Area: 1008
- Building Area Total: 2688
- Foundation Details: Block
- Foundation Dimensions: 28x36
- Levels: One and One Half
Around this home
Schools
Public K-5 • Assigned • 0.5mi
Public 6-8 • Assigned • 10.7mi
Public 9-12 • Assigned • 8.6mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 98° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 55341
Home values near 527 River Rd NE
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
4 Beds | 2 Baths | - Sq. Ft. | $352,912 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 2020 Sq. Ft. | $356,924 |
2 Beds | 2 Baths | - Sq. Ft. | $413,813 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $236,316 |
5 Beds | 3 Baths | - Sq. Ft. | $443,917 |
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