2568 State 87
Backus, MN 56435
2 bd 1 ba 884 sqft Built 1962 Lot 131,987 sqft single_family
Most recent sale
$240,000
Mar 18, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 18, 2024 | Sold | $240,000 | NorthstarMLS |
| Feb 8, 2024 | Price changed | $299,900 | NorthstarMLS |
| Jan 30, 2024 | Relisted | $329,900 | NorthstarMLS |
| Jan 13, 2024 | Listing removed | — | NorthstarMLS |
| Sep 12, 2023 | Listed | $329,900 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $95,600 | $161,500 | $257,100 | $1,222 |
| 2024 | $93,300 | $284,600 | $377,900 | $1,804 |
| 2023 | $87,100 | $282,600 | $369,700 | $1,878 |
| 2022 | $64,200 | $183,300 | $247,500 | $1,598 |
| 2021 | $59,100 | $144,300 | $203,400 | $1,352 |
| 2020 | $59,100 | $163,800 | $222,900 | $1,510 |
| 2019 | $58,400 | $144,300 | $202,700 | $1,438 |
| 2018 | $52,600 | $144,300 | $196,900 | $1,446 |
| 2017 | $53,200 | $130,700 | $183,900 | $1,326 |
| 2016 | $53,800 | $148,200 | $202,000 | $1,482 |
| 2015 | $54,400 | $148,200 | $202,600 | $1,462 |
| 2014 | $55,500 | $148,200 | $203,700 | $1,504 |
| 2013 | $55,500 | $148,200 | $203,700 | $1,452 |
| 2012 | $56,500 | $261,200 | $317,700 | $2,200 |
| 2011 | $56,500 | $261,200 | $317,700 | $2,084 |
| 2010 | — | — | $261,200 | $2,018 |
| 2007 | $63,400 | $261,200 | $324,600 | $1,716 |
| 2006 | $71,100 | $261,200 | $332,300 | $1,028 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
884 sqft
Lot size
131,987 sqft
ZIP code
56435
City
Backus
Street
State 87
Coordinates
46.84892, -94.41723
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,326
Gross rental yield
6.63%
Implied cap rate
4.31%
Trend-extrapolated value
—
Frequently asked questions
When did 2568 State 87 last sell?
2568 State 87 most recently sold on Mar 18, 2024 for $240,000.
What is the current tax assessment for 2568 State 87?
The most recent total assessment for 2568 State 87 (year 2025) is $257,100 with $1,222 in property tax.
How does 2568 State 87's assessment compare to its last sale price?
The current assessment is 7.1% above the last sale price of $240,000.
When was 2568 State 87 built?
2568 State 87 was built in 1962.
How does 2568 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 2568 State 87?
2568 State 87 is a 2 bed, 1 bath, 884 sqft, 131,987 sqft lot single_family.
Is 2568 State 87 a flip candidate?
No — 2568 State 87 does not appear in our flips dataset.
Is 2568 State 87 a tax-appeal candidate?
No — 2568 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