NOT LISTED FOR SALE

1525 Rainbow Ave Maple Plain, MN 55359

Estimated Value: $348,192 - $436,000

4 Beds
2 Baths
2,158 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 07, 2013

Last sale price $199,900 $93 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,510/month

113 Days on Market

Highlights

  • Tennis Courts
  • Deck
  • Balcony
  • Schumann Elementary School Rated A-
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of January 2013

Wow...nice home backing up to Rainbow Park (Tennis/hockey/ baseball & more). Maintenance-free siding, new carpeting, flooring, & paint. Geothermal HVAC system for LOW utility bills. On-demand hot water & new water heater. Orono Schools. See Supplements!

Last Agent to Sell the Property

David Truax

Coldwell Banker Burnet Listed on: 08/24/2012

Last Buyer's Agent

Robert Hare

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,866

Year Built

  • 1979

Lot Details

  • 9,583 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heat Pump System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 2611824110057

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,866

Year Built

1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Natural Woodwork, Vaulted Ceilings
  • Amenities Exterior: Balcony, Deck, Inground Sprinkler System, Tennis Courts
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Foundation Size: 1060
  • Parcel Number: 2611824110057
  • Projected Closed Date: 01/07/2013
  • Stories: Bi-Level Split
  • Taxes With Assessments: 2422
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Walk Thru
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x13, On Level: Main
  • Room 2: Dining Room, 12x9, On Level: Main
  • Room 3: Family Room, 18x13, On Level: Lower
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 14x10, On Level: Main
  • Room 7: 14x11, On Level: Lower
  • Room 8: Bedroom, 13x11, On Level: Lower
  • Room 9: Den/Office, 10x9, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1108
  • Below Grade Finished Sq Ft: 1050
  • Total Fin Square Footage: 2158

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Dual Fuel/Off Peak, Forced Air, Geothermal, Heat Pump

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: IRREGULAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Jan 3, 2013
Sold by
Henrich David P and Henrich Stacey M
Bought by
Lahti Nicholas M and Lahti Jessica E
Seller's Agent
David Truax
Coldwell Banker Burnet
Buyer's Agent
Robert Hare
Coldwell Banker Burnet
List Price
$209,900
Sold Price
$199,900
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$396,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,898
Avg. Annual Appreciation
5.53%
Original Mortgage
$159,920
Outstanding Balance
$110,880
Interest Rate
3.31%
Mortgage Type
New Conventional
Estimated Equity
$285,918

Purchase Details

Closed on
Nov 29, 2001
Sold by
Erickson Irene E
Bought by
Henrich John W and Henrich Roberta J
Source: Public Records

Range of Values:

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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
Lahti Nicholas M -- Northland Title
Henrich John W $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lahti Nicholas M $159,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2013 01/07/13 Sold $199,900 -4.8% $93 / Sq Ft
12/15/2012 12/15/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $209,900 -- $97 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $4,866 $322,100 $68,000 $254,100
2023 $4,717 $328,800 $73,000 $255,800
2022 $4,652 $318,000 $71,000 $247,000
2021 $4,116 $277,000 $71,000 $206,000
2020 $4,178 $240,000 $51,000 $189,000
2019 $4,134 $231,000 $50,000 $181,000
2018 $4,251 $219,000 $44,000 $175,000
2017 $4,338 $211,000 $57,000 $154,000
2016 $4,065 $195,000 $57,000 $138,000
2015 $4,033 $187,000 $57,000 $130,000
2014 -- $178,000 $57,000 $121,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Truax

    Coldwell Banker Burnet

  • R

    Buyer's Agent in 2013

    Robert Hare

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4391815

REALTOR® Association of Southern Minnesota

APN: 26-118-24-11-0057

Minnesota Hennepin County Maple Plain 55359

1525 Rainbow Ave, Maple Plain, MN

This home is located at 1525 Rainbow Ave, Maple Plain, MN 55359 since 24 August 2012 and is currently estimated at $396,798, approximately $183 per square foot. This property was built in 1979. 1525 Rainbow Ave is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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