NOT LISTED FOR SALE

225 Rainbow Dr Marshall, MN 56258

Estimated Value: $265,953 - $277,000

4 Beds
2 Baths
1,856 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $265,000 $143 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,671/month

8 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Front Porch
  • Lower Floor Utility Room
  • The kitchen features windows
  • 3-minute walk to Legion Field

About This Home

As of December 2024

Welcome to this 4-bedroom, 2-bathroom split-level home, offering comfort, space, and functionality. The upper level boasts an inviting open-concept design, seamlessly connecting the kitchen, living, and dining areas. The kitchen features ample counter space, a convenient pantry, and modern finishes, making meal prep and entertaining a delight. The dining area opens to a composite deck, perfect for outdoor dining or relaxing, and overlooks a fenced-in backyard complete with a cozy fire pit and plenty of room for outdoor activities. Two spacious bedrooms and a full bathroom complete the upper level. The lower level offers even more living space, featuring a generously sized family room ideal for movie nights or gatherings. Two additional bedrooms provide flexibility for guests or a home office, while a second full bathroom ensures convenience. A large utility/laundry room and additional storage under the stairs add practical functionality to this home. Located in a desirable neighborhood, this property combines modern comfort with outdoor charm—perfect for creating lasting memories. Schedule your showing today!

Last Agent to Sell the Property

Jana Reilly

Keller Williams Preferred Rlty Listed on: 11/19/2024

Keller Williams Preferred Rlty

Last Buyer's Agent

Eh Shu

Partners Realty Inc.

Partners Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 129x80
  • Chain Link Fence
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Wood Foundation

Interior Spaces

  • Open Floorplan
  • Lower Floor Utility Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service

Additional Features

  • Air Exchanger
  • Front Porch

Community Details

  • No Home Owners Association
  • Parkway Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 277100810

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,744

Year Built

Built in 2001

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
  • Water Source: City Water/Connected
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 1084
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Partially Finished, Storage Space, Sump Pump, Wood
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1856
  • Fireplace: No
  • Below Grade Finished Sq Ft: 772
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link
  • Other Structures: Storage Shed
  • PatioPorchType: Composite Decking, Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Storage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Sink
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Kitchen Window, Patio

Schools

  • Junior High Dist: Marshall
  • SchoolDistrictPhone: 5075376924

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 129x80
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 277100810
  • Tax Annual Amount: 2744
  • TaxWithAssessments: 2794

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Dec 10, 2024
Sold by
Leinen Nicole and Garcia Jacob
Bought by
Kwee Pah and Pwee Paw
Seller's Agent
Jana Reilly
Keller Williams Preferred Rlty
Buyer's Agent
Eh Shu
Partners Realty Inc.
List Price
$265,000
Sold Price
$265,000
Views
19
Current Estimated Value
$270,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,988
Avg. Annual Appreciation
2.19%
Original Mortgage
$35,000
Outstanding Balance
$21,473
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$249,515

Purchase Details

Closed on
Feb 26, 2021
Sold by
Brouwer Ty M and Brouwer Tara M
Bought by
Leinen Nicole and Garcia Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,780
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 11, 2012
Closed on
Dec 27, 2012
Sold by
Zahnow James M and Zahnow Tracy S
Bought by
Brouwer Ty M and Brouwer Tara M
Seller's Agent
Jana Reilly
Edina Realty-Marshall
Buyer's Agent
Molly Archbold
Edina Realty-Marshall
List Price
$157,000
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$125,600
Interest Rate
3.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kwee Pah $265,000 None Listed On Document
Leinen Nicole $224,900 None Available
Brouwer Ty M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwee Pah $35,000
Open Kwee Pah $174,900
Previous Owner Leinen Nicole $219,780
Previous Owner Brouwer Ty M $125,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $265,000 0.0% $143 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $265,000 +68.8% $143 / Sq Ft
12/27/2012 12/27/12 Sold $157,000 0.0% $84 / Sq Ft View Prior Sale
11/30/2012 11/30/12 Pending -- -- --
11/11/2012 11/11/12 For Sale $157,000 -- $84 / 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 $3,008 $242,100 $30,000 $212,100
2024 $2,794 $247,700 $30,000 $217,700
2023 $2,748 $232,900 $30,000 $202,900
2022 $2,350 $218,000 $30,000 $188,000
2021 $2,140 $181,600 $30,000 $151,600
2020 $2,072 $166,100 $30,000 $136,100
2019 $1,976 $163,400 $30,000 $133,400
2018 $1,764 $164,200 $30,000 $134,200
2017 $1,764 $153,200 $30,000 $123,200
2016 $1,716 $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: 6632449

NorthstarMLS

APN: 27-710081-0