NOT LISTED FOR SALE

725 725 Norway Ridge Ln SW Backus, MN 56435

Estimated Value: $230,000 - $275,000

2 Beds
1 Bath
768 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $79,900 $104 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,398/month

93 Days on Market

Highlights

  • Fireplace
  • Baseboard Heating
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2014

Neat clean cabin, Secluded, wooded 2.5 acres.

Last Agent to Sell the Property

Michael Orth

Gilchrist Realty Listed on: 05/13/2014

Co-Listed By

Donald Norman

Gilchrist Realty

Last Buyer's Agent

Amanda Reichenbach

Exit Lakes Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 2004

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 330x330

Parking

  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Powered By Owned Propane

Listing and Financial Details

  • Assessor Parcel Number 310123302

Home Details

Home Type

Single Family

Est. Annual Taxes

$528

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 2.5
  • Assessment Balance: 66
  • Construction: Previously Owned
  • Foundation Size: 768
  • Parcel Number: 310123302
  • Projected Closed Date: 09/29/2014
  • Stories: 1 Story
  • Taxes With Assessments: 594
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Finished Above Grade Sq Ft: 768
  • Total Fin Square Footage: 768

Exterior Features

  • Exterior: Wood

Utilities

  • Cooling: Window
  • Fuel: Electric, Propane - Tank Owned
  • Heat: Baseboard

Schools

  • School District: Pine River-Backus #2174

Lot Info

  • Estimated Lot Dimensions: 330X330

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2014
  • Tax Value: 528

MLS Schools

  • School District: Pine River-Backus #2174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Sep 17, 2014
Sold by
Ergen Dale Dale
Bought by
Rosenwald Rand Rand
Seller's Agent
Michael Orth
Gilchrist Realty
Buyer's Agent
Amanda Reichenbach
Exit Lakes Realty Premier
List Price
$84,000
Sold Price
$79,900
Premium/Discount to List
-$4,100
-4.88%
Current Estimated Value
$241,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,522
Avg. Annual Appreciation
10.35%
Original Mortgage
$82,500
Outstanding Balance
$63,904
Interest Rate
4.07%
Mortgage Type
VA
Estimated Equity
$169,913
Source: Public Records

Range of Values:

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Average Value
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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
Rosenwald Rand Rand $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenwald Rand Rand $82,500
Previous Owner Ergen Dale E $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2014 09/17/14 Sold $79,900 -4.9% $104 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $84,000 -- $109 / 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 $778 $182,600 $33,900 $148,700
2023 $650 $149,900 $32,100 $117,800
2022 $640 $149,900 $32,100 $117,800
2021 $598 $103,200 $21,800 $81,400
2020 $456 $94,800 $21,800 $73,000
2019 $448 $70,400 $19,800 $50,600
2018 $424 $61,400 $19,800 $41,600
2017 $408 $61,400 $19,800 $41,600
2016 $342 $0 $0 $0
2015 $342 $57,700 $19,200 $38,500
2014 $528 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Orth

    Gilchrist Realty

  • D

    Seller Co-Listing Agent in 2014

    Donald Norman

    Gilchrist Realty

  • A

    Buyer's Agent in 2014

    Amanda Reichenbach

    Exit Lakes Realty Premier

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4618997

REALTOR® Association of Southern Minnesota

APN: 31-012-3302

Minnesota Cass County Backus 56435

725 725 Norway Ridge Ln SW, Backus, MN

This home is located at 725 725 Norway Ridge Ln SW, Backus, MN 56435 since 13 May 2014 and is currently estimated at $246,427, approximately $320 per square foot. This property was built in 2004. 725 725 Norway Ridge Ln SW is a home located in Cass County with nearby schools including Pine River-Backus Elementary School, Pine River-Backus Area Learning Center, and Pine River-Backus High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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