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3574 State 87

Backus, MN 56435

2 bd 2 ba 936 sqft Built 2004 Lot 156,816 sqft single_family
Most recent sale
$265,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $265,000 MLS #6147423
May 24, 2022 Relisted $284,900 MLS #6147423
Feb 3, 2022 Listed $284,900 MLS #6147423
May 4, 2020 Sold $75,000 MLS #5215427
Mar 19, 2020 Price changed $89,990 MLS #5215427
Jul 15, 2019 Price changed $94,990 MLS #5215427
Apr 18, 2019 Listed $100,000 MLS #5215427

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $160,799 $39,536 $200,335 $958
2024 $171,766 $35,481 $207,247 $958
2023 $163,960 $28,027 $191,987 $926
2022 $86,800 $27,000 $113,800 $730
2021 $73,400 $28,100 $101,500 $668
2020 $60,200 $27,100 $87,300 $582
2019 $53,700 $27,100 $80,800 $558
2018 $51,800 $26,100 $77,900 $556
2017 $47,400 $26,100 $73,500 $516
2016 $40,200 $26,100 $66,300 $478
2015 $29,100 $33,000 $62,100 $444
2014 $29,400 $33,000 $62,400 $452
2013 $29,400 $33,300 $62,700 $440
2012 $30,800 $25,300 $56,100 $390
2011 $30,800 $27,200 $58,000 $384
2010 $29,300 $422
2007 $50,700 $29,300 $80,000 $422
2006 $53,300 $28,400 $81,700 $366

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
936 sqft
Lot size
156,816 sqft
ZIP code
56435
City
Backus
Street
State 87
Coordinates
46.83511, -94.46964

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,404
Gross rental yield
6.36%
Implied cap rate
4.13%
Trend-extrapolated value

Frequently asked questions

When did 3574 State 87 last sell?
3574 State 87 most recently sold on Jul 29, 2022 for $265,000.
What is the current tax assessment for 3574 State 87?
The most recent total assessment for 3574 State 87 (year 2025) is $200,335 with $958 in property tax.
How does 3574 State 87's assessment compare to its last sale price?
The current assessment is 24.4% below the last sale price of $265,000.
When was 3574 State 87 built?
3574 State 87 was built in 2004.
How does 3574 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 3574 State 87?
3574 State 87 is a 2 bed, 2 bath, 936 sqft, 156,816 sqft lot single_family.
Is 3574 State 87 a flip candidate?
No — 3574 State 87 does not appear in our flips dataset.
Is 3574 State 87 a tax-appeal candidate?
No — 3574 State 87 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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