NOT LISTED FOR SALE

5108 5108 State 87 SW Backus, MN 56435

Estimated Value: $297,000 - $409,000

3 Beds
1 Bath
1,400 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $28,000 $20 Per Sq Ft

Est. 1,148% increase in value since last sale

Current estimated payment $1,969/month

43 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • Storage Shed
  • 1-Story Property

About This Home

As of September 2014

Offer Accepted Pending Final Paperwork; This is a definite fixer-upper. Will work nice as a 2nd home or with proper repair a year-round home. Old garage has been transformed into a barn. Great spot for a horse.

Last Agent to Sell the Property

Mark Schmutzer

Positive Realty Listed on: 08/04/2014

Last Buyer's Agent

Gina Meixner

Positive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $568

Year Built

  • Built in 1978

Lot Details

  • 2.41 Acre Lot
  • Lot Dimensions are 350x300

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane

Listing and Financial Details

  • Assessor Parcel Number 310062302

Home Details

Home Type

Single Family

Est. Annual Taxes

$568

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 2.41
  • Assessment Balance: 66
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1400
  • Parcel Number: 310062302
  • Projected Closed Date: 10/03/2014
  • Stories: 1 Story
  • Taxes With Assessments: 634
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Basement Features: Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1400
  • Total Fin Square Footage: 1400

Exterior Features

  • Exterior: Fiber Board
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air

Schools

  • School District: Pine River-Backus #2174

Lot Info

  • Estimated Lot Dimensions: 350x300

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2014
  • Tax Value: 568

MLS Schools

  • School District: Pine River-Backus #2174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Sep 26, 2014
Bought by
Burns Ronald Ronald
Seller's Agent
Mark Schmutzer
Positive Realty
Buyer's Agent
Gina Meixner
Positive Realty
List Price
$39,900
Sold Price
$28,000
Premium/Discount to List
-$11,900
-29.82%
Current Estimated Value
$349,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,509
Avg. Annual Appreciation
25.32%

Purchase Details

Closed on
Apr 10, 2013
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 3, 2013
Sold by
Johnson William Aldrich and Johnson Brenda Jean
Bought by
Citimortgage Inc
Source: Public Records

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
Burns Ronald Ronald $28,000 --
Federal Home Loan Mortgage Corp -- None Available
Citimortgage Inc $40,948 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $28,000 -29.8% $20 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $39,900 -- $29 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,386 $303,000 $33,200 $269,800
2023 $1,310 $281,900 $31,400 $250,500
2022 $1,398 $281,900 $31,400 $250,500
2021 $1,324 $198,300 $23,300 $175,000
2020 $1,502 $181,700 $23,300 $158,400
2019 $1,280 $166,200 $22,600 $143,600
2018 $1,066 $112,900 $22,600 $90,300
2017 $668 $112,900 $22,600 $90,300
2016 $616 $0 $0 $0
2015 $616 $68,400 $21,800 $46,600
2014 $568 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4657181

REALTOR® Association of Southern Minnesota

APN: 31-006-2302