NOT LISTED FOR SALE

1564 Rainbow Ave Maple Plain, MN 55359

Estimated Value: $300,000 - $399,000

4 Beds
2 Baths
2,109 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 1564 Rainbow Ave, Maple Plain, MN 55359 and is currently estimated at $365,089, approximately $173 per square foot. 1564 Rainbow Ave is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Ctw Group Incorporated
Bought by
Peak 8 Properties Llc
Current Estimated Value
$365,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$314,702
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$50,387

Purchase Details

Closed on
Apr 29, 2020
Sold by
Ctw Group Incorporated
Bought by
Peak 8 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
$171,000
Interest Rate
1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 13, 2020
Sold by
Peak 8 Properties Llc
Bought by
Ctw Group Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 12, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Peak 8 Properties Llcl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 9, 2020
Sold by
Niccum Daniel
Bought by
Blacktone I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Nov 5, 2019
Sold by
Niccum Daniel
Bought by
Specialized Loan Servicing Llc

Purchase Details

Closed on
May 19, 2005
Sold by
Josephson Louise A
Bought by
Niccum Daniel and Niccum Suzanne Shrader
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Peak 8 Properties Llc $190,000 Titlesmart Inc
Peak 8 Properties Llc $500,000 Titlesmart
Peak 8 Properties Llc $190,000 None Available
Ctw Group Incorporated $190,000 West Title Llc
Peak 8 Properties Llcl $178,666 None Available
Blacktone I Llc -- West Title Llc
Specialized Loan Servicing Llc -- None Available
Niccum Daniel $199,576 --
Moryn-Mendoza Sophia Sophia $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peak 8 Properties Llc $353,479
Previous Owner Peak 8 Properties Llc $171,000
Previous Owner Peak 8 Properties Llc $500,000
Previous Owner Blacktone I Llc $500
Closed Moryn-Mendoza Sophia Sophia $353,479
Source: Public Records

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 $5,061 $385,800 $64,600 $321,200
2023 $4,836 $394,800 $69,400 $325,400
2022 $4,664 $383,000 $68,000 $315,000
2021 $4,576 $329,000 $68,000 $261,000
2020 $4,592 $254,000 $49,000 $205,000
2019 $4,457 $241,000 $48,000 $193,000
2018 $4,889 $223,000 $42,000 $181,000
2017 $4,949 $229,000 $54,000 $175,000
2016 $4,610 $209,000 $54,000 $155,000
2015 $4,621 $202,000 $54,000 $148,000
2014 -- $190,000 $54,000 $136,000
Source: Public Records

Map

Minnesota Hennepin County Maple Plain 55359

1564 Rainbow Ave, Maple Plain, MN

This home is located at 1564 Rainbow Ave, Maple Plain, MN 55359 and is currently estimated at $365,089, approximately $173 per square foot. 1564 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.

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