530 Point Rd Backus, MN 56435
Estimated Value: $344,000 - $517,000
1
Bed
2
Baths
1,116
Sq Ft
$398/Sq Ft
Est. Value
About This Home
This home is located at 530 Point Rd, Backus, MN 56435 and is currently estimated at $443,796, approximately $397 per square foot. 530 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
Oct 28, 2016
Sold by
Miller Michael S and Miller Rhonda E
Bought by
Hedstrom Nicholas R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$144,509
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$299,287
Purchase Details
Closed on
Mar 12, 2010
Sold by
Lakes State Bank
Bought by
Miller Michael L and Miller Rhonda E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.01%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 18, 2009
Sold by
Cairns Alfred B and Cairns Linda L
Bought by
Lakes State Bank
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hedstrom Nicholas R | $190,000 | Elite Title | |
| Miller Michael L | $220,000 | None Available | |
| Lakes State Bank | $255,613 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hedstrom Nicholas R | $180,000 | |
| Previous Owner | Miller Michael L | $60,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,368 | $367,000 | $197,300 | $169,700 |
| 2023 | $3,072 | $361,400 | $192,800 | $168,600 |
| 2022 | $2,146 | $361,400 | $192,800 | $168,600 |
| 2021 | $2,112 | $175,800 | $63,000 | $112,800 |
| 2020 | $2,134 | $165,100 | $63,000 | $102,100 |
| 2019 | $2,342 | $204,600 | $123,300 | $81,300 |
| 2018 | $2,550 | $201,400 | $133,600 | $67,800 |
| 2017 | $2,506 | $201,400 | $133,600 | $67,800 |
| 2016 | $2,808 | $0 | $0 | $0 |
| 2015 | $2,808 | $215,500 | $147,300 | $68,200 |
| 2014 | $2,694 | $0 | $0 | $0 |
Source: Public Records
Map
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