NOT LISTED FOR SALE

314 King St Backus, MN 56435

Estimated Value: $150,399 - $201,000

2 Beds
1 Bath
1,096 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $136,500 $125 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $980/month

51 Days on Market

Highlights

  • Deck
  • Walk-In Pantry
  • Living Room
  • No HOA
  • Porch
  • Laundry Room

About This Home

As of June 2023

Sometimes when you walk into a home, you feel as though you're getting a warm hug. That’s the feeling inside this early 1900’s home located within a block of Pine Mountain Lake. Adorned with stained glass and multiple built-in’s, this 2 bedroom home has been meticulously cared for. Enjoy your morning coffee as you soak up the warm sunlight coming through the oversized windows of the 4 season porch. Family and friends will make memories at your dining room table while the walk-in pantry not only holds supplies for dinner, but all of your plug-in appliances. The walk-in closets are a plus, as is the large amount of shelving and storage in the basement. Spread out onto your large, private patio, great for an evening of s’mores after a day of recreation on the lake. Walk to downtown Backus’ local businesses, as well as church and the post office. Also close by is the Paul Bunyan Trail, great for biking to nearby towns with their shopping and restaurants, or snowmobiling in the wintertime.

Last Agent to Sell the Property

Melanie Mix

Heartland Real Estate Listed on: 05/03/2023

Last Buyer's Agent

Pamela Potter

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1990

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 94x140x94x140
  • Privacy Fence
  • Few Trees
  • Additional Parcels

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Walk-In Pantry
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Original Subdivision

Listing and Financial Details

  • Assessor Parcel Number 823370620

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,116

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 1096
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Living Area: 1096
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Laundry, Pantry (Walk-In), Bathroom, Porch
  • SqFtTotal: 1672.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: Privacy
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Propane
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Patio

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 94x140x94x140
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 823370620
  • Tax Annual Amount: 1116
  • TaxWithAssessments: 1182.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 21, 2023
Sold by
Birge Jack
Bought by
Olson Abbigayl and Olson Richard
Seller's Agent
Melanie Mix
Heartland Real Estate
Buyer's Agent
Pamela Potter
Coldwell Banker Realty
List Price
$147,500
Sold Price
$136,500
Premium/Discount to List
-$11,000
-7.46%
Views
175
Current Estimated Value
$173,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,850
Avg. Annual Appreciation
10.03%
Original Mortgage
$134,027
Outstanding Balance
$130,417
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$42,933

Purchase Details

Closed on
Jul 2, 2020
Sold by
Birge Jack H
Bought by
Birge Zacharia J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Olson Abbigayl $136,500 --
Birge Zacharia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Abbigayl $134,027
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2023 06/27/23 Sold $136,500 +5.1% $125 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $129,900 -11.9% $119 / Sq Ft
05/03/2023 05/03/23 For Sale $147,500 -- $135 / 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 $856 $123,300 $5,000 $118,300
2023 $768 $113,100 $5,000 $108,100
2022 $1,088 $113,100 $5,000 $108,100
2021 $1,088 $89,400 $5,000 $84,400
2020 $1,034 $81,200 $5,000 $76,200
2019 $820 $64,200 $5,000 $59,200
2018 $766 $53,800 $5,000 $48,800
2017 $754 $53,800 $5,000 $48,800
2016 $390 $0 $0 $0
2015 $390 $46,900 $5,000 $41,900
2014 $364 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6359636

NorthstarMLS

APN: 82-337-0620