NOT LISTED FOR SALE

542 State 371 NW Backus, MN 56435

Estimated Value: $1,990,266

-- Bed
-- Bath
9,380 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 542 State 371 NW, Backus, MN 56435 and is currently estimated at $1,990,266, approximately $212 per square foot. 542 State 371 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 14, 2018
Sold by
Dgrp Wells 1 Llc
Bought by
Mn A Ic Fee Llc
Current Estimated Value
$1,990,266

Purchase Details

Closed on
Dec 5, 2016
Sold by
Rba Investments Llc
Bought by
Dgrp Wells I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,094
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2016
Sold by
Orth Donald E
Bought by
Rba Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.61%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Mn A Ic Fee Llc -- --
Dgrp Wells I Llc $1,128,142 None Available
Rba Investments Llc -- Rochester Title
-- $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dgrp Wells I Llc $871,094
Previous Owner -- $140,000
Previous Owner Rba Investments Llc $1,000,000
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 $5,936 $488,800 $48,900 $439,900
2023 $5,818 $484,100 $44,200 $439,900
2022 $7,026 $484,100 $44,200 $439,900
2021 $7,098 $438,400 $33,600 $404,800
2020 $7,324 $438,400 $33,600 $404,800
2019 $7,758 $437,700 $32,900 $404,800
2018 $7,176 $395,700 $32,700 $363,000
2017 $1,112 $395,700 $32,700 $363,000
2016 $642 $0 $0 $0
2015 $642 $38,300 $15,500 $22,800
2014 $568 $0 $0 $0
Source: Public Records

Map

Minnesota Cass County Backus 56435

542 State 371 NW, Backus, MN

This home is located at 542 State 371 NW, Backus, MN 56435 and is currently estimated at $1,990,266, approximately $212 per square foot. 542 State 371 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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