1788 State 87
Backus, MN 56435
2 bd 1 ba 1,752 sqft Built 1970 Lot 59,677 sqft single_family
Most recent sale
$200,000
Mar 18, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 18, 2024 | Sold | $200,000 | NorthstarMLS |
| Feb 12, 2024 | Listed | $199,900 | NorthstarMLS |
| Dec 4, 2020 | Sold | $95,000 | GreaterLakes |
| Oct 11, 2020 | Price changed | $109,000 | GreaterLakes |
| Sep 14, 2020 | Listed | $119,000 | GreaterLakes |
| Mar 30, 2018 | Sold | $53,500 | NorthstarMLS |
| Mar 9, 2018 | Relisted | $59,900 | GreaterLakes |
| Mar 6, 2018 | Listing removed | $59,900 | GreaterLakes |
| Sep 9, 2017 | Listed | $59,900 | NorthstarMLS |
| Aug 1, 1998 | Sold | $44,000 | Public Record |
| Oct 1, 1992 | Sold | $23,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $83,997 | $17,802 | $101,799 | $538 |
| 2024 | $87,562 | $18,642 | $106,204 | $516 |
| 2023 | $73,327 | $15,110 | $88,437 | $432 |
| 2022 | $49,834 | $11,898 | $61,732 | $426 |
| 2021 | $70,200 | $16,700 | $86,900 | $538 |
| 2020 | $62,400 | $16,600 | $79,000 | $504 |
| 2019 | $55,500 | $17,400 | $72,900 | $480 |
| 2018 | $33,300 | $10,440 | $43,740 | $362 |
| 2017 | $31,680 | $10,440 | $42,120 | $344 |
| 2016 | $29,900 | $10,500 | $40,400 | $336 |
| 2015 | $30,000 | $10,300 | $40,300 | $322 |
| 2014 | $31,600 | $10,300 | $41,900 | $290 |
| 2013 | $31,600 | $10,300 | $41,900 | $274 |
| 2012 | $33,800 | $10,300 | $44,100 | $276 |
| 2011 | $56,300 | $17,300 | $73,600 | $94 |
| 2010 | — | — | $17,300 | $92 |
| 2007 | $57,100 | $17,300 | $74,400 | $54 |
| 2006 | $57,100 | $17,300 | $74,400 | $172 |
Property facts
Year built
1970
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,752 sqft
Lot size
59,677 sqft
ZIP code
56435
City
Backus
Street
State 87
Coordinates
46.84960, -94.37265
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1788 State 87 last sell?
1788 State 87 most recently sold on Mar 18, 2024 for $200,000.
What is the current tax assessment for 1788 State 87?
The most recent total assessment for 1788 State 87 (year 2025) is $101,799 with $538 in property tax.
How does 1788 State 87's assessment compare to its last sale price?
The current assessment is 49.1% below the last sale price of $200,000.
When was 1788 State 87 built?
1788 State 87 was built in 1970.
How does 1788 State 87 compare to others on State 87?
We track 8 other properties on State 87. Browse the list under "Other properties on State 87" to compare beds, baths, and sale history.
What are the property facts for 1788 State 87?
1788 State 87 is a 2 bed, 1 bath, 1,752 sqft, 59,677 sqft lot single_family.
Is 1788 State 87 a flip candidate?
No — 1788 State 87 does not appear in our flips dataset.
Is 1788 State 87 a tax-appeal candidate?
No — 1788 State 87 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+8.7%
Implied 1-yr
+34.6%
2026 Q2
$387.5K
2026 Q3
$408.9K
ZIP 56435 — Median Price History + Forecast
Explore nearby
Geography
Other properties on State 87