NOT LISTED FOR SALE

1504 Rainbow Ave Maple Plain, MN 55359

Estimated Value: $386,000 - $427,000

4 Beds
2 Baths
2,145 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $425,000 $198 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,592/month

14 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Schumann Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2024

Fantastic opportunity to own an elegantly updated home in a prime location within the highly sought after Orono School District! Inside you will find carefully selected finishes including; rich hardwood (engineered) flooring , stunning Calacatta Quartz countertops and tiled backsplash in the spacious kitchen area. It also offers a neutral color palette and an open floorplan with an airy feel about it. There is an abundance of outdoor greenspace which includes a freshly stained two tiered deck (ready and wired for a hot tub), plus the neighborhood park across the street which has a walking loop, tennis courts, basketball/baseball, & hockey areas. This is all located within a short distance to Lake Independence, Baker Park Reserve, golf courses, shopping, airport & more! NEW roof (2022) NEW Washer & Dryer.

Last Agent to Sell the Property

April Manchik

Lakes Sotheby's International Listed on: 03/08/2024

Lakes Sotheby's International

Last Buyer's Agent

Carolyn Smith

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Family Room
  • Living Room
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rainbow Lane 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2611824110041

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,363

Year Built

Built in 1973

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: 1973
  • Above Grade Finished Sq Ft: 1272
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2145
  • Fireplace: No
  • Below Grade Finished Sq Ft: 873
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Laundry, Deck, Bedroom 4

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 450

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Local Area Network,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Outdoor Kitchen,In-Ground Sprinkler,Sun Room,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 0
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2611824110041
  • Tax Annual Amount: 4363
  • TaxWithAssessments: 4363.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 3, 2024
Sold by
Dammann Clinton and Dammann Nicole
Bought by
Liska William
Seller's Agent
April Manchik
Lakes Sotheby's International
Buyer's Agent
Carolyn Smith
Coldwell Banker Realty
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
Views
38
Current Estimated Value
$405,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,577
Avg. Annual Appreciation
-4.27%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Morin Joseph
Bought by
Dammann Clinton and Dammann Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2012
Closed on
Apr 18, 2012
Sold by
Underdahl Gage M and Underdahl Julie G
Bought by
Morin Joseph
Seller's Agent
Daniel Ward
Coldwell Banker Burnet
Buyer's Agent
Anthony Oliveri
Coldwell Banker Burnet
List Price
$204,900
Sold Price
$208,000
Premium/Discount to List
$3,100
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$214,864
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Apr 6, 2004
Sold by
Keller Darryl E and Keller Linda K
Bought by
Underdahl Gage M and Underdahl Julie G
Source: Public Records

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Range of Values:

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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
Liska William $425,000 --
Dammann Clinton $265,000 Executive Title
Morin Joseph $208,000 Burnet Title
Underdahl Gage M $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dammann Clinton $247,000
Previous Owner Dammann Clinton $251,750
Previous Owner Morin Joseph $214,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $425,000 0.0% $198 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/13/2024 03/13/24 Off Market $425,000 -- --
03/12/2024 03/12/24 For Sale $399,000 +91.8% $186 / Sq Ft
04/18/2012 04/18/12 Sold $208,000 +1.5% $97 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $204,900 -- $96 / 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
2023 $4,362 $359,500 $73,000 $286,500
2022 $4,266 $348,000 $71,000 $277,000
2021 $3,834 $304,000 $71,000 $233,000
2020 $3,888 $275,000 $51,000 $224,000
2019 $3,777 $265,000 $50,000 $215,000
2018 $3,674 $249,000 $44,000 $205,000
2017 $3,777 $230,000 $57,000 $173,000
2016 $3,464 $213,000 $57,000 $156,000
2015 $3,398 $206,000 $57,000 $149,000
2014 -- $196,000 $57,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6499293

NorthstarMLS

APN: 26-118-24-11-0041