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1087 Horseshoe Dr

Backus, MN 56435

3 bd 2 ba 1,782 sqft Built 2006 Lot 107,158 sqft single_family
Most recent sale
$567,000
Nov 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 24, 2025 Sold $585,000 NorthstarMLS
Jun 6, 2025 Listed $579,000 NorthstarMLS
Nov 27, 2023 Sold $567,000 NorthstarMLS
Oct 17, 2023 Listed $549,000 NorthstarMLS
Jun 1, 2018 Sold $269,000 GreaterLakes
Aug 1, 2017 Price changed $269,000 GreaterLakes
May 30, 2017 Price changed $286,000 GreaterLakes
Apr 20, 2017 Price changed $295,000 GreaterLakes
Jan 23, 2017 Listed $269,000 NorthstarMLS
Dec 28, 2016 Listing removed $335,000 NorthstarMLS
Oct 21, 2016 Price changed $335,000 NorthstarMLS
Sep 8, 2016 Listed $360,000 NorthstarMLS
Nov 1, 2007 Sold $435,000 Public Record
Sep 1, 2005 Sold $92,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $345,900 $131,200 $477,100 $2,296
2025 $346,500 $118,100 $464,600 $2,094
2024 $331,800 $113,000 $444,800 $1,960
2023 $279,566 $84,750 $364,316 $1,678
2022 $196,571 $79,128 $275,699 $1,710
2021 $186,100 $82,400 $268,500 $1,788
2020 $188,100 $81,700 $269,800 $1,832
2019 $136,900 $76,400 $213,300 $1,516
2018 $121,700 $68,800 $190,500 $1,398
2017 $121,800 $68,800 $190,600 $1,376
2016 $123,100 $68,800 $191,900 $1,406
2015 $124,200 $69,800 $194,000 $1,400
2014 $125,500 $69,800 $195,300 $1,440
2013 $125,500 $69,800 $195,300 $1,390
2012 $126,700 $69,800 $196,500 $1,350
2011 $126,700 $80,700 $207,400 $1,354
2010 $81,500 $1,388
2007 $117,300 $95,100 $212,400 $1,270
2006 $87,100 $87,100 $205

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,782 sqft
Lot size
107,158 sqft
ZIP code
56435
City
Backus
Street
Horseshoe Dr
Coordinates
46.84466, -94.46720

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,673
Gross rental yield
5.66%
Implied cap rate
3.68%
Trend-extrapolated value

Frequently asked questions

When did 1087 Horseshoe Dr last sell?
1087 Horseshoe Dr most recently sold on Nov 27, 2023 for $567,000.
What is the current tax assessment for 1087 Horseshoe Dr?
The most recent total assessment for 1087 Horseshoe Dr (year 2026) is $477,100 with $2,296 in property tax.
How does 1087 Horseshoe Dr's assessment compare to its last sale price?
The current assessment is 15.9% below the last sale price of $567,000.
When was 1087 Horseshoe Dr built?
1087 Horseshoe Dr was built in 2006.
How does 1087 Horseshoe Dr compare to others on Horseshoe Dr?
We track 8 other properties on Horseshoe Dr. Browse the list under "Other properties on Horseshoe Dr" to compare beds, baths, and sale history.
What are the property facts for 1087 Horseshoe Dr?
1087 Horseshoe Dr is a 3 bed, 2 bath, 1,782 sqft, 107,158 sqft lot single_family.
Is 1087 Horseshoe Dr a flip candidate?
No — 1087 Horseshoe Dr does not appear in our flips dataset.
Is 1087 Horseshoe Dr a tax-appeal candidate?
No — 1087 Horseshoe Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.7%
Implied 1-yr
+34.6%
2026 Q2
$387.5K
2026 Q3
$408.9K
ZIP 56435 — Median Price History + Forecast

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