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51 State 371

Backus, MN 56435

4 bd 3 ba 3,304 sqft Built 1992 Lot 594,594 sqft single_family
Most recent sale
$280,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $280,000 MLS #6226699
Jun 30, 2022 Listed $300,000 MLS #6226699
Jan 14, 2021 Sold $260,000 MLS #5671630
Oct 12, 2020 Listed $270,000 MLS #5671630
Jun 1, 2004 Sold $195,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $325,000 $77,100 $402,100 $1,926
2024 $314,900 $69,100 $384,000 $1,834
2023 $266,939 $57,592 $324,531 $1,504
2022 $212,242 $40,567 $252,809 $1,576
2021 $183,911 $39,904 $223,815 $1,432
2020 $183,911 $39,904 $223,815 $1,236
2019 $151,301 $37,416 $188,717 $1,180
2018 $133,715 $36,581 $170,296 $1,166
2017 $124,945 $35,105 $160,050 $1,302
2016 $145,396 $38,525 $183,921 $1,330
2015 $147,300 $38,600 $185,900 $1,354
2014 $148,300 $45,300 $193,600 $1,224
2013 $150,100 $45,400 $195,500 $1,150
2012 $150,100 $45,400 $195,500 $1,292
2011 $184,100 $46,600 $230,700 $1,188
2010 $196,200 $53,300 $249,500 $1,334
2009 $65,200 $1,402
2007 $220,800 $65,200 $286,000 $1,494
2006 $227,100 $72,400 $299,500 $1,606

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,304 sqft
Lot size
594,594 sqft
ZIP code
56435
City
Backus
Street
State 371
Coordinates
46.80813, -94.50382

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,680
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 51 State 371 last sell?
51 State 371 most recently sold on Aug 9, 2022 for $280,000.
What is the current tax assessment for 51 State 371?
The most recent total assessment for 51 State 371 (year 2025) is $402,100 with $1,926 in property tax.
How does 51 State 371's assessment compare to its last sale price?
The current assessment is 43.6% above the last sale price of $280,000.
When was 51 State 371 built?
51 State 371 was built in 1992.
How does 51 State 371 compare to others on State 371?
We track 8 other properties on State 371. Browse the list under "Other properties on State 371" to compare beds, baths, and sale history.
What are the property facts for 51 State 371?
51 State 371 is a 4 bed, 3 bath, 3,304 sqft, 594,594 sqft lot single_family.
Is 51 State 371 a flip candidate?
No — 51 State 371 does not appear in our flips dataset.
Is 51 State 371 a tax-appeal candidate?
No — 51 State 371 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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