NOT LISTED FOR SALE

7194 7194 State 87 SW Backus, MN 56435

Estimated Value: $102,000 - $222,000

2 Beds
1 Bath
980 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 24, 2012

Last sale price $25,000 $26 Per Sq Ft

Est. 630% increase in value since last sale

Current estimated payment $1,020/month

392 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Wood Siding
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Storage Shed

About This Home

As of October 2012

8+ Acres with a home (has foundation problems/might be a tear down), 2 story, 24 x 40 garage that needs to be completed inside, 10 x 16 shed and a 9 x 14 stone building.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 08/29/2011

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 08/29/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • 1965

Lot Details

  • 8.48 Acre Lot
  • Lot Dimensions are 560x650x56

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 130313303

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

1965

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 8.48
  • Assessment Balance: 66
  • Construction: Previously Owned
  • Foundation Size: 980
  • Parcel Number: 130313303
  • Projected Closed Date: 10/31/2012
  • Stories: 1 Story
  • Taxes With Assessments: 594
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Material: Wood
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 980
  • Total Fin Square Footage: 980

Exterior Features

  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Electric, Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private

Schools

  • School District: Pine River-Backus #2174

Lot Info

  • Estimated Lot Dimensions: 560x650x56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Cusey Kyle and Cusey Marney
Bought by
Rogers Shelby M and Rogers Brent L
Current Estimated Value
$182,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$133,329
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,668

Purchase Details

Listed on
Aug 29, 2011
Closed on
Oct 23, 2012
Sold by
First National Bank Of Walker
Bought by
Cusey Kyle and Cusey Marney
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$20,000
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 5, 2011
Sold by
Hopkins Richard A and Hopkins Dureen E
Bought by
First National Bank Of Walker
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
Rogers Shelby M $160,000 Quality Title
Cusey Kyle $25,000 None Available
First National Bank Of Walker $72,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Shelby M $144,000
Previous Owner Cusey Kyle $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2012 10/24/12 Sold $25,000 -44.4% $26 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
08/29/2011 08/29/11 For Sale $45,000 -- $46 / 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 $630 $156,000 $68,400 $87,600
2023 $594 $143,900 $55,700 $88,200
2022 $328 $143,900 $55,700 $88,200
2021 $478 $64,600 $34,700 $29,900
2020 $488 $64,600 $34,700 $29,900
2019 $496 $59,800 $34,700 $25,100
2018 $510 $60,100 $34,700 $25,400
2017 $480 $60,100 $34,700 $25,400
2016 $456 $0 $0 $0
2015 $456 $64,300 $32,300 $32,000
2014 $392 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4135811

REALTOR® Association of Southern Minnesota

APN: 13-031-3303