NOT LISTED FOR SALE

1501 State 87 NW Backus, MN 56435

Estimated Value: $380,000 - $485,000

2 Beds
2 Baths
1,480 Sq Ft
$297/Sq Ft Est. Value

About This Home

This home is located at 1501 State 87 NW, Backus, MN 56435 and is currently estimated at $439,641, approximately $297 per square foot. 1501 State 87 NW is a home located in Cass County with nearby schools including Pine River-Backus Elementary School, Pine River-Backus High School, and Pine River-Backus Area Learning Center.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Bought by
Current Estimated Value
$439,641

Purchase Details

Closed on
May 14, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 11, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$333,000 Misc Company
$160,000 Action Title Inc
$224,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $250,000
Closed $110,000
Closed $90,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,004 $433,100 $177,300 $255,800
2024 $2,004 $414,300 $179,500 $234,800
2023 $2,002 $435,200 $197,700 $237,500
2022 $1,330 $435,200 $197,700 $237,500
2021 $1,220 $226,400 $70,700 $155,700
2020 $1,254 $201,900 $60,200 $141,700
2019 $1,206 $189,200 $71,900 $117,300
2018 $1,238 $188,900 $70,300 $118,600
2017 $1,206 $188,900 $70,300 $118,600
2016 $1,096 $0 $0 $0
2015 $1,096 $188,400 $68,200 $120,200
2014 $1,164 $0 $0 $0
Source: Public Records

Map

Minnesota Cass County Backus 56435

1501 State 87 NW, Backus, MN

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