NOT LISTED FOR SALE

1870 24th Ave SW Backus, MN 56435

Estimated Value: $545,000 - $625,000

3 Beds
2 Baths
1,948 Sq Ft
$298/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $540,000 $277 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,218/month

141 Days on Market

Highlights

  • 165 Feet of Waterfront
  • No HOA
  • Stainless Steel Appliances
  • Radiant Floor
  • Screened Porch
  • 4 Car Attached Garage

About This Home

As of November 2024

Norway Lake-This beautifully crafted 3BR/2BA lake home boasts attractive cedar exteriors on both the home and attached garage. Both garages are fully insulated, heated and finished in knotty pine/sheet rock. A grand entry expands into a classic open floor plan with tasteful wood decor. The kitchen features 36" rustic alder cabinets with an island. The massive fireplace is the focal point in the living room with a sweeping vista overlooking the lake. The lakeside deck and screened porch adjacent to the main entry allow for relaxing beverage oases. A manicured lawn w/sprinkler system is complemented by a blacktop drive. City amenities are just minutes away!

Last Agent to Sell the Property

Doug Zaske

Heartland Real Estate Listed on: 06/26/2024

Last Buyer's Agent

Kody Ruedisili

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 2019

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 165x360x165x370
  • 165 Feet of Waterfront
  • Lake Front
  • Many Trees

Parking

  • 4 Car Attached Garage

Home Design

  • Cedar

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Utility Room
  • Radiant Floor
  • Crawl Space

Kitchen

  • Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Drilled Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 313810210

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 1948
  • Water Body Name: Norway
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1948
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Utility Room, Screened Porch

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • View: Lake
  • Other Structures: Additional Garage
  • PatioPorchType: Deck,Porch,Screened
  • Lake Bottom: Weeds
  • LakeChain: N
  • Waterfront Frontage: 165

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: Tank with Drainage Field
  • Fuel: Propane
  • Power Company: Crow Wing Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Pine River-Backus
  • SchoolDistrictPhone: 218-587-4720

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 165x360x165x370
  • Lot Size Sq Ft: 56628
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 313810210
  • Tax Annual Amount: 2070
  • TaxWithAssessments: 2136.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Nov 26, 2024
Sold by
Minette Kent and Minette Eve
Bought by
Armstrong Ralph
Seller's Agent
Doug Zaske
Heartland Real Estate
Buyer's Agent
Kody Ruedisili
eXp Realty
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
53
Current Estimated Value
$580,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,056
Avg. Annual Appreciation
6.54%
Original Mortgage
$513,000
Outstanding Balance
$508,586
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$71,470
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Armstrong Ralph $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Ralph $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $540,000 0.0% $277 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
08/29/2024 08/29/24 Price Changed $540,000 -1.8% $277 / Sq Ft
06/27/2024 06/27/24 For Sale $550,000 -- $282 / 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 $2,224 $474,800 $111,000 $363,800
2023 $2,136 $457,500 $111,000 $346,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6555969

NorthstarMLS

APN: 31-381-0210