NOT LISTED FOR SALE

520 Point Rd Backus, MN 56435

Estimated Value: $321,000 - $483,000

3 Beds
2 Baths
1,404 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 520 Point Rd, Backus, MN 56435 and is currently estimated at $428,128, approximately $304 per square foot. 520 Point Rd 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
Aug 17, 2018
Sold by
Hanke Willis G and Hanke Geraldine V
Bought by
Melby Steven L and Melby Tania M
Current Estimated Value
$428,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$108,557
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$319,571
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Melby Steven L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melby Steven L $125,000
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 $3,602 $412,800 $194,500 $218,300
2023 $3,420 $402,600 $192,000 $210,600
2022 $2,320 $402,600 $192,000 $210,600
2021 $2,270 $190,000 $62,000 $128,000
2020 $2,246 $177,400 $62,000 $115,400
2019 $2,816 $240,800 $128,000 $112,800
2018 $2,402 $191,300 $98,000 $93,300
2017 $2,376 $191,300 $98,000 $93,300
2016 $2,570 $0 $0 $0
2015 $2,570 $213,500 $117,000 $96,500
2014 $2,372 $0 $0 $0
Source: Public Records

Map

Minnesota Cass County Backus 56435

520 Point Rd, Backus, MN

Not Listed for Sale

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