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1024 Rainy Lake Rd

Backus, MN 56435

2 bd 2 ba 1,080 sqft Built 1990 Lot 87,556 sqft mobile
Most recent sale
$185,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $185,000 Public Record
May 20, 2022 Price changed $194,900 MLS #6187175
May 2, 2022 Listed $199,900 MLS #6187175
Jan 1, 2022 Listing removed $199,900 GreaterLakes
Jul 9, 2021 Listed $199,900 MLS #6022466
Nov 1, 2006 Sold $140,000 Public Record
Aug 1, 1999 Sold $36,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $78,437 $87,890 $166,327 $872
2025 $79,402 $88,015 $167,417 $816
2024 $80,441 $89,201 $169,642 $800
2023 $73,961 $76,933 $150,894 $746
2022 $52,200 $70,900 $123,100 $790
2021 $47,600 $61,500 $109,100 $718
2020 $47,600 $61,500 $109,100 $728
2019 $47,600 $61,000 $108,600 $860
2018 $47,500 $75,100 $122,600 $852
2017 $42,700 $74,900 $117,600 $734
2016 $42,900 $60,800 $103,700 $746
2015 $42,900 $60,800 $103,700 $800
2014 $43,300 $69,500 $112,800 $816
2013 $43,300 $69,500 $112,800 $790
2012 $43,300 $69,700 $113,000 $938
2011 $53,900 $83,800 $137,700 $894
2010 $53,900 $84,300 $138,200 $476
2009 $84,800 $420
2007 $4,300 $84,800 $89,100 $394
2006 $4,800 $84,800 $89,600 $231

Property facts

Year built
1990
Property type
mobile
Stories
1
Beds
2
Baths
2
Living area
1,080 sqft
Lot size
87,556 sqft
ZIP code
56435
City
Backus
Street
Rainy Lake Rd
Coordinates
46.84209, -94.45581

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,620
Gross rental yield
10.51%
Implied cap rate
6.83%
Trend-extrapolated value

Frequently asked questions

When did 1024 Rainy Lake Rd last sell?
1024 Rainy Lake Rd most recently sold on Aug 9, 2022 for $185,000.
What is the current tax assessment for 1024 Rainy Lake Rd?
The most recent total assessment for 1024 Rainy Lake Rd (year 2026) is $166,327 with $872 in property tax.
How does 1024 Rainy Lake Rd's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $185,000.
When was 1024 Rainy Lake Rd built?
1024 Rainy Lake Rd was built in 1990.
How does 1024 Rainy Lake Rd compare to others on Rainy Lake Rd?
We track 5 other properties on Rainy Lake Rd. Browse the list under "Other properties on Rainy Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 1024 Rainy Lake Rd?
1024 Rainy Lake Rd is a 2 bed, 2 bath, 1,080 sqft, 87,556 sqft lot mobile.
Is 1024 Rainy Lake Rd a flip candidate?
No — 1024 Rainy Lake Rd does not appear in our flips dataset.
Is 1024 Rainy Lake Rd a tax-appeal candidate?
No — 1024 Rainy Lake Rd 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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