NOT LISTED FOR SALE

5513 State 87 SW Backus, MN 56435

Estimated Value: $311,000 - $515,000

4 Beds
3 Baths
1,320 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 5513 State 87 SW, Backus, MN 56435 and is currently estimated at $367,848, approximately $278 per square foot. 5513 State 87 SW 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
Jul 19, 2019
Sold by
Kelley Travis J and Kelley Jennifer L
Bought by
Stockman Dereck J and Stockman Kimberly A
Current Estimated Value
$367,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,050
Outstanding Balance
$133,410
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$168,257

Purchase Details

Closed on
May 12, 2008
Sold by
National City Bank
Bought by
Kelley Travis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Howard Shuan A and Howard Jennifer A
Bought by
National City Bank

Purchase Details

Closed on
Apr 28, 2005
Sold by
Howard Jennifer A and Howard Shaun A
Bought by
Howard Jennifer A and Howard Shaun A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.06%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2004
Sold by
Salie Rudolph W and Salie Grace A
Bought by
Howard Jennifer A
Source: Public Records

Range of Values:

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
Stockman Dereck J -- --
Kelley Travis J $122,000 Freedom Title Insurance Serv
National City Bank $152,491 None Available
Howard Jennifer A -- First American Title
Howard Jennifer A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockman Dereck J $151,050
Previous Owner Kelley Travis J $113,850
Previous Owner Howard Jennifer A $115,000
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 $892 $234,700 $76,000 $158,700
2023 $936 $242,800 $64,300 $178,500
2022 $1,010 $242,800 $64,300 $178,500
2021 $872 $174,000 $40,200 $133,800
2020 $842 $168,100 $40,200 $127,900
2019 $884 $145,800 $40,200 $105,600
2018 $838 $131,300 $39,800 $91,500
2017 $776 $131,300 $39,800 $91,500
2016 $634 $0 $0 $0
2015 $634 $109,300 $37,500 $71,800
2014 $448 $0 $0 $0
Source: Public Records

Map

Minnesota Cass County Backus 56435

5513 State 87 SW, Backus, MN

This home is located at 5513 State 87 SW, Backus, MN 56435 and is currently estimated at $367,848, approximately $278 per square foot. 5513 State 87 SW 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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