NOT LISTED FOR SALE

1776 State 371 SW Backus, MN 56435

Estimated Value: $272,000 - $457,000

2 Beds
2 Baths
1,440 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $51,500 $36 Per Sq Ft

Est. 540% increase in value since last sale

Current estimated payment $1,931/month

101 Days on Market

Highlights

  • Business Center
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2016

2 bedroom 2 bath home on 3.6 acres includes older storage building which ha apx 8 rental cubicals ( was zoned commercial and could again per Cass County). Partially finished basement

Last Listed By

Rodger Gibbons

Preferred Properties & Associa Listed on: 11/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1990

Lot Details

  • 3.6 Acre Lot
  • Lot Dimensions are 562x400x228x522

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Drilled Well

Community Details

  • Business Center

Listing and Financial Details

  • Assessor Parcel Number 310262403

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,274

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: None
  • Outside Features: Vinyl
  • Accessibility Features: None
  • Water Source: Drilled
  • Fuel Type: Propane
  • Fee Frequency: N/A
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 1440.00
  • Above Grade Finished Area Search: 1440.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 16021
  • Listing Organization: Iowa
  • Living Area Finished: 1440.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 310262403
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 66.00
  • Special Features: 84
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full, Partial Finished, Walkout
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Forced Air
  • Sewer: Tank with Drainage Field

Schools

  • School District: 2174 - Pine River-Backus
  • School District Phone: 218-587-4720

Lot Info

  • Zoning: Business/Commercial, Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 562x400x228x522
  • Homestead: No
  • Lot Size Acres: 3.6000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: PT OF SE NW, SEC 26-138-30
  • Tax Amount: 1274.00
  • Tax Year: 2015
  • Tax With Assessments: 1340.00
  • Assessor Parcel Number: 310262403

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 2174 - Pine River-Backus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2015
Closed on
May 25, 2016
Sold by
Jorgenson Barbara A
Bought by
Johnson Wayne A and Straley Mary Ann
Seller's Agent
Rodger Gibbons
Preferred Properties & Associa
List Price
$105,000
Sold Price
$51,500
Premium/Discount to List
-$53,500
-50.95%
Total Days on Market
101
Current Estimated Value
$329,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,886
Avg. Annual Appreciation
23.07%

Purchase Details

Closed on
Mar 25, 2016
Sold by
Us Bank Na
Bought by
Kline Jay

Purchase Details

Closed on
Jan 28, 2014
Sold by
Schott Paul F and Schott Bonnie K
Bought by
Schott Paul F

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Wayne A $225,000 First American Title
Kline Jay $58,800 None Available
Schott Paul F -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kline Jay K $120,000
Previous Owner Schott Paul $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $51,500 -34.0% $36 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/19/2016 02/19/16 Price Changed $78,000 -25.7% $54 / Sq Ft
11/28/2015 11/28/15 For Sale $105,000 -- $73 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $1,256 $261,800 $49,500 $212,300
2023 $1,150 $239,600 $44,800 $194,800
2022 $1,290 $239,600 $44,800 $194,800
2021 $1,446 $169,000 $31,000 $138,000
2020 $1,466 $182,100 $31,000 $151,100
2019 $1,390 $160,500 $27,500 $133,000
2018 $1,266 $135,600 $27,500 $108,100
2017 $1,222 $135,600 $27,500 $108,100
2016 $1,274 $0 $0 $0
2015 $1,274 $136,500 $35,100 $101,400
2014 $1,238 $0 $0 $0
Source: Public Records

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Source: NorthstarMLS

MLS Number: 4664105

NorthstarMLS

APN: 31-026-2403