$309,000
SOLD MAY 21, 2025

224 Rainbow Dr Marshall, MN 56258

4 Beds
2 Baths
2,112 Sq Ft
10,803 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

6% Below List Price

66 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • 2 Car Attached Garage
  • Patio
  • 3-minute walk to Legion Field

About This Home

As of May 2025

This lovingly updated and maintained rambler features classic and modern updates that will capture your eye and welcome you home. This 4 bedroom 2 bathroom home features an open floor plan on the main level. A cozy family room, large 4th bedroom and 3/4 bathroom on the lower level with a walk in shower. Enjoy summer evenings on the patio with the privacy of a fenced in backyard. Schedule your showing today!

Last Agent to Sell the Property

Katherine Galbraith

Full Circle Realty Group Listed on: 02/08/2025

Last Buyer's Agent

Nasir Gaberye

Northstar Real Estate Associates

Northstar Real Estate Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 2000

Lot Details

  • 10,803 Sq Ft Lot
  • Lot Dimensions are 80x135
  • Wood Fence

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Electric Fireplace
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Parkway Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 277100670

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,046

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 1112
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 26x40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Electric
  • Living Area: 2112
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Patio

Schools

  • Junior High Dist: Marshall
  • SchoolDistrictNumber: 413
  • SchoolDistrictPhone: 507-537-6924

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80x135
  • Lot Size Sq Ft: 10802.88
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 277100670
  • Tax Annual Amount: 3046
  • TaxWithAssessments: 3046.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
May 21, 2025
Sold by
Tolzin Elizabeth and Oolman Seth
Bought by
Gabeyre Holdings Llc
Seller's Agent
Katherine Galbraith
Full Circle Realty Group
Buyer's Agent
Nasir Gaberye
Northstar Real Estate Associates
List Price
$330,000
Sold Price
$309,000
Premium/Discount to List
-$21,000
-6.36%
Views
85
Current Estimated Value
$307,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,022
Avg. Annual Appreciation
-1.00%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Miller Timothy and Matthys Leah
Bought by
Oolman Seth and Tolzin Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,050
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 2016
Sold by
Kor Properties Llc
Bought by
Miller Timothy and Miller Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,576
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 29, 2014
Sold by
Minnesota Housing Finance Agency
Bought by
United States Of America
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $309,000 Title And Abstract Services
Deed -- None Available
Warranty Deed -- None Available
Deed $95,400 --
Deed -- Central Land Title
Limited Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $194,050 VA
Previous Owner $185,576 FHA
Previous Owner $120,000 Future Advance Clause Open End Mortgage
Previous Owner $120,000 Future Advance Clause Open End Mortgage
Previous Owner $95,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $309,000 -3.4% $146 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
03/26/2025 03/26/25 Price Changed $319,900 -1.6% $151 / Sq Ft
03/03/2025 03/03/25 Price Changed $325,000 -1.5% $154 / Sq Ft
02/14/2025 02/14/25 For Sale $330,000 -- $156 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,288 $261,500 $30,300 $231,200
2024 $3,046 $267,500 $30,300 $237,200
2023 $2,954 $251,400 $30,300 $221,100
2022 $2,514 $232,300 $30,300 $202,000
2021 $2,318 $192,200 $30,300 $161,900
2020 $2,242 $177,600 $30,300 $147,300
2019 $2,128 $174,600 $30,300 $144,300
2018 $1,844 $174,600 $30,300 $144,300
2017 $1,844 $158,800 $30,300 $128,500
2016 $1,746 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6653387

NorthstarMLS

APN: 27-710067-0