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140 E Hanover St, Letts, IA, 52754

3beds
2baths
1,226sqft
$159,500
$130price/sqft
$1,189/moest. monthly cost
$47,560/yrincome needed

About This Home

3 bedroom 2 bathroom home with a 2 stall garage on a nice lot. This home is being sold AS IS and will need some TLC. The upper roof is newer and steel. The lower roof and garage roof are still shingles and the bathroom will need a ceiling installed. All appliances to come with the home, the owner is taking the storage container.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

5/10

Construction

Condition

  • Year built: 1978

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Split Level
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Sump Pump,Partial

Bathroom

  • Level: Upper
  • Area: 35
  • Dimensions: 7 x 5

Bedroom1

  • Level: Upper
  • Area: 156
  • Dimensions: 13 x 12

Bedroom2

  • Level: Upper
  • Area: 110
  • Dimensions: 11 x 10

Bedroom3

  • Level: Upper
  • Area: 117
  • Dimensions: 13 x 9

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 613

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,226
  • Total interior livable area: 1,226 sqft

Kitchen

  • Level: Main
  • Area: 264
  • Dimensions: 22 x 12

Living Room

  • Level: Main
  • Area: 300
  • Dimensions: 25 x 12

Property

Details

  • Parcel number: 0406406006
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: Bi-Level

Lot

  • Lot size: 0.29 Acres
  • Lot size dimensions: 90' x 140'

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Hail
Lightning
Cold Wave
Drought
Heat Wave
Inland Flooding
Ice Storm
Tornado
Winter Weather

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $806$9,672
Home Insurance *$92$1,104
Property Taxes $170$2,040
Electricity $121$1,452
Total$1,189$14,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,765/yr
40% on housing$35,670/yr
45% on housing$31,706/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 52754$120
Louisa County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 52754$135
Louisa County$100

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$155,000
2026-07-14Price change$159,500
2024-04-01Pending sale$140,000
2024-03-25Listed for sale$140,000

For Sale by Agent

AgentDANIEL A. OIEN
BrokerageFIRST CHOICE REAL ESTATE

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