NOT LISTED FOR SALE

318 Point Rd Backus, MN 56435

Estimated Value: $189,000 - $259,000

2 Beds
1 Bath
1,128 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $150,000 $133 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,312/month

34 Days on Market

Highlights

  • 32 Feet of Waterfront
  • Living Room
  • Combination Kitchen and Dining Room
  • No HOA
  • 1-Story Property
  • Space Heater

About This Home

As of July 2021

Pine Mountain Lake 2 bedroom seasonal cabin with hard bottom shoreline & westerly sunset views close to Foothills State Forest and Paul Bunyan Trail systems. Pine Mountain offers great fishing & recreating. Cabin is being sold as is.

Last Listed By

Mark Tietjen

Rusty's Up North Realty Listed on: 06/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $906

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 32x235x32x240
  • 32 Feet of Waterfront
  • Lake Front

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Space Heater

Community Details

  • No Home Owners Association
  • Koops Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 823400440

Home Details

Home Type

Single Family

Est. Annual Taxes

$906

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1128
  • Water Body Name: Pine Mountain
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 47x24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Living Area: 1128
  • Fireplace: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Sun Room
  • SqFtTotal: 1128.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Lake, West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Concrete
  • Lake Acres: 1612
  • Lake Bottom: Reeds,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 32

Garage/Parking

  • Parking Features: Driveway - Other Surface
  • Garage Square Feet: 0

Utilities

  • Heating: Space Heater
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pine River-Backus
  • SchoolDistrictNumber: 2174
  • SchoolDistrictPhone: 218-587-4720

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 32x235x32x240
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 823400440
  • Tax Annual Amount: 906
  • TaxWithAssessments: 972.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 16, 2021
Sold by
Engel Richard W and Engel Lisa S
Bought by
Widman Charles A and Maack Christa E
Seller's Agent
Mark Tietjen
Rusty's Up North Realty
List Price
$140,000
Sold Price
$150,000
Premium/Discount to List
$10,000
7.14%
Total Days on Market
34
Current Estimated Value
$210,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,254
Avg. Annual Appreciation
9.29%
Original Mortgage
$120,000
Outstanding Balance
$110,055
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,199

Purchase Details

Closed on
Aug 7, 2012
Sold by
Engel Richard W and Engel Lise S
Bought by
Engel Richard W and Engel Lise S

Purchase Details

Closed on
Apr 15, 2006
Sold by
Engel Doris L and Gens Engel Doris L
Bought by
Engel Doris L and Engel Richard

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
Widman Charles A $150,000 Misc Company
Engel Richard W -- Complete Title Services
Engel Doris L -- Kenwood Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Widman Charles A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $150,000 +7.1% $133 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $140,000 -- $124 / 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 $1,748 $205,300 $85,900 $119,400
2023 $1,596 $200,600 $85,900 $114,700
2022 $866 $200,600 $85,900 $114,700
2021 $972 $81,900 $27,300 $54,600
2020 $960 $76,500 $26,900 $49,600
2019 $1,192 $94,000 $44,200 $49,800
2018 $1,032 $74,200 $33,100 $41,100
2017 $1,020 $74,200 $33,100 $41,100
2016 $1,004 $0 $0 $0
2015 $1,004 $79,500 $36,800 $42,700
2014 $910 $0 $0 $0
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6007607

NorthstarMLS

APN: 82-340-0440