NOT LISTED FOR SALE

4321 State 87 NW Backus, MN 56435

Estimated Value: $344,020

-- Bed
-- Bath
14,186 Sq Ft
$24/Sq Ft Est. Value

About This Home

This home is located at 4321 State 87 NW, Backus, MN 56435 and is currently estimated at $344,020, approximately $24 per square foot. 4321 State 87 NW is a home located in Cass County with nearby schools including Pine River-Backus Elementary School, Pine River-Backus High School, and Pine River-Backus Area Learning Center.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Pestello Michael and Pestello Elaine
Bought by
Osterberg James
Current Estimated Value
$344,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,332
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2013
Sold by
Mexitali Concepts Incorporated
Bought by
Pestello Michael and Pestello Elaine

Purchase Details

Closed on
Jan 12, 2011
Sold by
Pestello Michael and Pestello Elaine
Bought by
Mexitali Concepts Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
4.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 14, 2005
Sold by
Lange Mary Joan and Lange Randy
Bought by
Pestello Michael and Pestello Elaine
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Osterberg James $300,000 --
Pestello Michael -- Noble Escrow And Title Inc
Mexitali Concepts Incorporated $300,000 Complete Title Services
Pestello Michael $175,000 Complete Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osterberg James $300,000
Previous Owner Mexitali Concepts Incorporated $294,500
Source: Public Records

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 $1,380 $199,100 $93,400 $105,700
2023 $2,272 $269,100 $86,300 $182,800
2022 $2,820 $269,100 $86,300 $182,800
2021 $2,856 $230,600 $59,000 $171,600
2020 $2,918 $230,600 $59,000 $171,600
2019 $3,060 $228,300 $56,700 $171,600
2018 $3,172 $228,300 $56,700 $171,600
2017 $3,854 $228,300 $56,700 $171,600
2016 $3,752 $0 $0 $0
2015 $3,752 $238,300 $66,700 $171,600
2014 $4,728 $0 $0 $0
Source: Public Records

Map

Minnesota Cass County Backus 56435

4321 State 87 NW, Backus, MN

This home is located at 4321 State 87 NW, Backus, MN 56435 and is currently estimated at $344,020, approximately $24 per square foot. 4321 State 87 NW is a home located in Cass County with nearby schools including Pine River-Backus Elementary School, Pine River-Backus High School, and Pine River-Backus Area Learning Center.

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