NOT LISTED FOR SALE

3963 8th St SW Backus, MN 56435

Estimated Value: $325,104

-- Bed
-- Bath
-- Sq Ft
12.3 Acres

Last Sold September 19, 2013

Last sale price $95,000

Est. 242% increase in value since last sale

Current estimated payment $1,901/month

116 Days on Market

Highlights

  • Business Center
  • Attached Garage
  • Forced Air Heating System

About This Home

As of September 2013

982 feet of premium West facing Highway 371 Frontage, 12.3 acres perfect for your business! Like new condition including 23x50 front show room/office with slate and wood flooring, s? bath large rear production area with 14 foot ceilings.

Last Listed By

Daniel Pflugshaupt

Gallery of Homes Listed on: 03/18/2013

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 2000

Lot Details

  • 12.3 Acre Lot
  • Lot Dimensions are 982x653x758x622x667
  • Irregular Lot
  • Few Trees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Metal Siding

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • Business Center

Listing and Financial Details

  • Assessor Parcel Number 310162204

Property Details

Property Type

Other

Est. Annual Taxes

$1,022

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Type: Commercial
  • Cooling System: None
  • Outside Features: Metal
  • Accessibility Features: No Stairs Internal
  • Water Source: Well
  • Fuel Type: Propane
  • Numberof Ranges: None
  • Current Use: Vacant
  • Year Built: 2000
  • Assessment Pending Y N: No
  • Building Finished Area: 3250.00
  • Building Finished Area Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 16009
  • Foundation Area Units: Square Feet
  • Inclusions Type: Building, Land
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 16009
  • Listing Organization: Regional MLS of Minnesota
  • Parcel Numbers: 310162204
  • Property Sub Type Additional: Apartments and Retail, Business Opportunity, Office, Retail/Shopping Center, Warehouse, Other
  • Refrigerator Number: None
  • Rental License: No
  • Tax Assessment Balance: 150.00
  • Special Features: None
  • Property Sub Type: None

Interior Features

  • Basement: Slab

Exterior Features

  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Gravel
  • Parking Spaces: 30

Utilities

  • Heating: Forced Air
  • Sewer: Tank with Drainage Field
  • Utilities: Heating Common, Hot Water Common

Schools

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

Lot Info

  • Zoning: Business/Commercial
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 982x653x758x622x667
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Lot Size Acres: 12.3000
  • Lot Size Area Units: Square Feet

Building Info

  • Units Total: 1.00

Tax Info

  • TaxLegalDescription: PT OF W1/2 OF NW1/4 SEC 16-138-30 (PARCEL B)
  • Tax Amount: 1022.00
  • Tax Year: 2012
  • Tax With Assessments: 1172.00
  • Assessor Parcel Number: 310162204

MLS Schools

  • School District Name: 2174 - Pine River-Backus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2013
Closed on
Sep 19, 2013
Seller's Agent
Daniel Pflugshaupt
Gallery of Homes
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%
Total Days on Market
116
Current Estimated Value
$325,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,104
Avg. Annual Appreciation
11.16%
Original Mortgage
$95,000
Outstanding Balance
$72,232
Interest Rate
4.5%
Estimated Equity
$252,872

Purchase Details

Listed on
Mar 18, 2013
Closed on
Sep 17, 2013
Sold by
Leagjeld Ted and Leagjeld Suzanne
Bought by
Leagjeld Ted and Leagjeld Suzanne
Seller's Agent
Daniel Pflugshaupt
Gallery of Homes
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$72,232
Interest Rate
4.5%
Estimated Equity
$252,872

Purchase Details

Closed on
Nov 30, 2011
Sold by
Leagjeld Ted G and Leagjeld Suzanne
Bought by
Leagjeld Ted G and Leagjeld Suzanne

Purchase Details

Closed on
Sep 23, 2010
Sold by
Barstow Jeffrey A and Barstow Michelle J
Bought by
Leagjeld Ted and Leagjeld Suzanne

Purchase Details

Closed on
Jan 13, 2010
Sold by
Leagjeld Ted and Leagjeld Suzanne
Bought by
Barstow Michelle J and Barstow Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,478
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2005
Sold by
Leagjeld Ted and Leagjeld Suzanne
Bought by
Barstow Michelle J and Barstow Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
8%
Mortgage Type
Seller Take Back

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
-- $95,000 --
Leagjeld Ted -- Complete Title Services
Leagjeld Ted -- Complete Title Services
Leagjeld Ted -- None Available
Leagjeld Ted G -- Complete Title Services
Leagjeld Ted -- None Available
Barstow Michelle J $147,478 Complete Title Services Llc
Barstow Michelle J $158,000 Complete Title Services Llc
Leagjeld Ted -- Complete Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $95,000
Closed Rural Renewable Energy Alliance $95,000
Previous Owner Barstow Michelle J $147,478
Previous Owner Barstow Michelle J $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2013 09/19/13 Sold $95,000 -12.8% --
07/12/2013 07/12/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $109,000 -- --
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 $1,078 $142,700 $49,400 $93,300
2023 $1,020 $134,000 $40,700 $93,300
2022 $1,602 $134,000 $40,700 $93,300
2021 $1,666 $126,600 $33,300 $93,300
2020 $1,584 $126,600 $33,300 $93,300
2019 $1,662 $118,300 $32,200 $86,100
2018 $1,766 $118,300 $32,200 $86,100
2017 $2,470 $118,300 $32,200 $86,100
2016 $1,046 $0 $0 $0
2015 $1,046 $116,100 $31,700 $84,400
2014 $952 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 4345737

NorthstarMLS

APN: 31-016-2204