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225 Rainbow Dr, Marshall, MN, 56258

$265,000

Home List Price

$3,147*

Closing Credit

4 Bedrooms
2 Full Baths
1,856 SqFt
$143/SqFt
House

Location

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225 Rainbow Dr, Marshall$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Finished Garage, Garage Door Opener, Storage
Attached Garage2 spaces
Year Built2001
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6632449
StatusActive

About 225 Rainbow Dr

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!

Property Details

Property Features

Property Information:

  • Year Built: 2001
  • Living Area: 1,856 SqFt

Listing Office:

  • Office Name: Keller Williams Preferred Rlty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Storage

Lot Features

Lot Information:

  • Lot: Some Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Legion Field Road turn onto Madrid Str. and take a right onto Rainbow Dr. the house will be on your right hand side

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $2,140
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Marshall, MN.

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Marshall, MN

City

Med. Sold Price

$229.2K

Med. Price/SqFt

$112

Avg. Days On Market

48

# of Sold Homes

10

225 Rainbow Dr vs Marshall

1 DAY ON ROCKET

-47 Days

$265,000

+$35.7K More

$143/SqFt

+$31 More

KEY TAKEAWAY

This property is $35.7K more than the Median Sold Price and $31/SqFt more than other homes in Marshall, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6632449

Listing Office:

  • Office Name: Keller Williams Preferred Rlty

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Last updated on: 11/20/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 2021Home Sold
$224,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,140$181,600
2020 - $166,100
2019 - $163,400
2018 - $164,200
2017 - $153,200

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-163682
4
/10

  • Lynd Elementary School

  • 106 Saint Albans St

  • 6.29 miles

  • Public Magnet Grades PK-4

school-card-donut-163683
8
/10

  • Minneota Elementary School

  • 504 N Monroe St

  • 11.79 miles

  • Public District Grades PK-6

school-card-donut-163684
6
/10

  • Lakeview Elementary School

  • 875 Barstad Rd N

  • 13.64 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,822. Typical income of Marshall, MN residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 225 Rainbow Dr

What is the listing price of this property?

The listing price of 225 Rainbow Dr property is $265,000.

What type of property is this?

The property 225 Rainbow Dr is a house located in Marshall, Minnesota, 56258.

Is this property for sale now?

Active Listing: 225 Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,140 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 1, 2021 for $224,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 225 Rainbow Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 225 Rainbow Dr is 1,856 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 225 Rainbow Dr is 2001.

Rocket Homes›Minnesota›Lyon County›Marshall›56258›225 Rainbow Dr

This home is located at 225 Rainbow Dr in Marshall, MN and zip code 56258. This 1,856 square foot home was built in 2001. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $265,000.

In October 2024 more than 2 listings in Marshall, MN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 4 were sold below. Between September 2024 and October 2024, Marshall, MN real estate market has seen increase in the number of listings by 11.1%. Listings spent 48 days on the market in October 2024, and had a median list price of $229,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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