$54,100
SOLD MAY 22, 2025

318 W College Dr Marshall, MN 56258

2 Beds
1 Bath
816 Sq Ft
10,062 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

2% Above List Price

20 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Utility Room
  • Living Room
  • Forced Air Heating System

About This Home

As of May 2025

Affordable 2 bedroom 1 bath home in the city. This home has maintance free siding, vinyl windows, large backyard, detached single stall garage. Home is priced well under Lyon County estimated market value.

Last Agent to Sell the Property

Todd Hocum

ERA Viking Realty Listed on: 04/12/2025

Last Buyer's Agent

Todd Hocum

ERA Viking Realty Listed on: 04/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1930

Lot Details

  • 10,062 Sq Ft Lot
  • Lot Dimensions are 1 x 1 x 1 x 1

Parking

  • 1 Car Garage

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room
  • Sump Pump

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Auditors 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271150090

Home Details

Home Type

Single Family

Est. Annual Taxes

$802

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 816
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24 x 30 x 12 x 8
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Other, Sump Pump
  • Appliances: Microwave, Range
  • Living Area: 816
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bathroom, Bedroom 1, Bedroom 2, Laundry, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 240

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 x 1 x 1 x 1
  • Lot Size Sq Ft: 10062.36
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 271150090
  • Tax Annual Amount: 802
  • TaxWithAssessments: 802.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2025
Closed on
May 22, 2025
Sold by
Secretary Of Housing And Urban Developme
Bought by
Corrales Norelys and Leibowitz Howard
Seller's Agent
Todd Hocum
ERA Viking Realty
Buyer's Agent
Todd Hocum
ERA Viking Realty
List Price
$53,000
Sold Price
$54,100
Premium/Discount to List
$1,100
2.08%
Views
55
Current Estimated Value
$64,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,754
Avg. Annual Appreciation
76.22%

Purchase Details

Closed on
Feb 17, 2025
Sold by
Loandepotcom Llc
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
May 28, 2021
Sold by
Everett Michael
Bought by
Everett Michael and Campbell Marrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,385
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2021
Sold by
Carmel Properties Llc
Bought by
Everett Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,385
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2021
Sold by
Marshall Residential Properties Llc
Bought by
Carmel Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,385
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2018
Sold by
Marshall Residential Properties Llc
Bought by
Carmel Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Special Warranty Deed $54,100 Lyon County Abstract & Title
Special Warranty Deed -- None Listed On Document
Quit Claim Deed $500 None Listed On Document
Warranty Deed $61,500 None Listed On Document
Warranty Deed $40,000 None Available
Contract Of Sale $911,200 None Available
Deed $61,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,385 FHA
Closed $60,385 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $54,100 +2.1% $66 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/12/2025 04/12/25 For Sale $53,000 -- $65 / 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 $802 $70,000 $12,300 $57,700
2024 $698 $70,000 $12,300 $57,700
2023 $694 $62,800 $12,300 $50,500
2022 $418 $58,700 $12,300 $46,400
2021 $578 $40,700 $12,300 $28,400
2020 $622 $36,800 $12,300 $24,500
2019 $576 $40,500 $12,300 $28,200
2018 $620 $40,500 $12,300 $28,200
2017 $620 $38,900 $12,300 $26,600
2016 $604 $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: 6702470

NorthstarMLS

APN: 27-115009-0