Allan Louwagie
Wilson O'Brien REALTORS
(507) 591-9138
25 Total Sales
19 in Marshall
$121K - $390K Price Range
505 N 6th St Marshall, MN 56258
Marshall Area
6
Beds
4
Baths
2,288
Sq Ft
3,049
Sq Ft Lot
About This Home
As of November 2024This 4-plex offers a fantastic opportunity for investors looking to add value. This property consists of four units: two spacious two-bedroom units and two cozy one-bedroom units. While the property is in need of some work, it presents an excellent chance to renovate and increase its market value.
Each unit features a functional layout. The two-bedroom units are ideal for small families or roommates, while the one-bedroom units are perfect for singles or couples. With some strategic updates, these units have great potential for attracting tenants and generating rental income.
Investors can take advantage of the current market conditions to create a high-yield asset with a bit of vision and elbow grease. Don’t miss out on this chance to transform a fixer-upper into a profitable investment!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,264
Year Built
- Built in 1950
Lot Details
- 3,049
Home Design
- Quadruplex
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2,288 Sq Ft Home
- 1.5-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Propane
Community Details
- 4 Units
- Eastmans Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 271910270
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2024
Closed on
Nov 14, 2024
Sold by
Mary Lou Peterson Trust Agreement Dated
Bought by
Seller's Agent
Diane Buesing
Full Circle Realty Group
Buyer's Agent
Cynthia Rogers
Edina Realty, Inc.
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$82,304
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Sep 3, 2024
Closed on
Nov 8, 2024
Sold by
Mary Lou Peterson Trust and Peterson Mary Lou
Bought by
Granger Maranell and Granger Melissa Maranell
Seller's Agent
Diane Buesing
Full Circle Realty Group
Buyer's Agent
Cynthia Rogers
Edina Realty, Inc.
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$82,304
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 3, 2013
Sold by
Peterson Mary Lou and Peterson Trust Agreement M Irving
Bought by
Peterson Mary Lou
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marshall, MN
-
Allan Louwagie
-
Artemisa Boston
Artemisa Boston
eXp Realty
(612) 255-5850
1,082 Total Sales
1 in Marshall
$152,500 Price
-
Sherry Mathiowetz
Sherry Mathiowetz
Marshall Area Homes
(320) 301-2251
99 Total Sales
5 in Marshall
$85K - $180K Price Range
-
Morgan Mahoney
Morgan Mahoney
Full Circle Realty Group
(507) 476-4628
123 Total Sales
62 in Marshall
$30K - $430K Price Range
-
Cynthia Rogers
Cynthia Rogers
Responds QuicklyEdina Realty, Inc.
(507) 591-9703
229 Total Sales
65 in Marshall
$20K - $448K Price Range
-
Jason Dowdey
Jason Dowdey
Responds QuicklyWeichert REALTORS Tower Properties
(320) 995-2756
207 Total Sales
1 in Marshall
$111,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $78,000 | -- | ||
| Granger Maranell | $78,000 | None Listed On Document | |
| Peterson Mary Lou | -- | -- | |
| Peterson Mary Lou | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $115,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | $78,000 | -8.2% | $34 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $85,000 | -- | $37 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $880 | $61,400 | $11,200 | $50,200 |
| 2025 | $880 | $43,000 | $11,200 | $31,800 |
| 2024 | $1,264 | $81,000 | $11,200 | $69,800 |
| 2023 | $1,212 | $71,700 | $11,200 | $60,500 |
| 2022 | $1,352 | $64,400 | $11,200 | $53,200 |
| 2021 | $1,368 | $68,800 | $11,200 | $57,600 |
| 2020 | $1,462 | $68,800 | $11,200 | $57,600 |
| 2019 | $1,324 | $75,300 | $11,200 | $64,100 |
| 2018 | $1,302 | $75,300 | $11,200 | $64,100 |
| 2017 | $1,302 | $76,400 | $20,800 | $55,600 |
| 2016 | $1,268 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Buesing
Seller's Agent in 2024
Diane Buesing
Full Circle Realty Group
(507) 828-8412
128 Total Sales
-
Cynthia Rogers
Buyer's Agent in 2024
Cynthia Rogers
Edina Realty, Inc.
(507) 530-7978
229 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6596064
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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