$439,000
PENDING

1633 Rainbow St Grasston, MN 55030

Estimated payment $2,546/month

Total Views 324
3 Beds
1.5 Baths
1,459 Sq Ft
$301 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Zoned For Horses
  • Wetlands on Lot
  • 1 Car Detached Garage
  • Water Softener is Owned

About This Home

Amazing opportunity to own 80 beautiful acres with a well-maintained home, multiple outbuildings, and
endless possibilities Offered by only its second owner, this property features a brand-new roof, newer furnace, washer, dryer, and water softener. Enjoy scenic views of the acreage and abundant wildlife from the living and dining rooms. Two pole buildings offer concrete floors and electricity, plus a detached garage with space for a workshop. Whether you're looking to hunt, farm, start a hobby farm, ride trails, or simply enjoy peaceful country living, this property has it all. A rare combination of quality, acreage, and versatility—schedule your showing today!

Listing Agent

Christopher Johnson

Edina Realty, Inc. Listed on: 07/24/2026

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 2595x1257x2603x1252
  • Partially Fenced Property
  • Wire Fence
  • Many Trees
  • Zoning described as Agriculture

Parking

  • 1 Car Detached Garage
  • Open Parking

Home Design

  • Block Foundation
  • Wood Siding
  • Block Exterior
  • Stone

Interior Spaces

  • 1,459 Sq Ft Home
  • 1.5-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Wetlands on Lot
  • Deck

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • No Cooling
  • Forced Air Heating System
  • Vented Exhaust Fan
  • 100 Amp Service
  • 60 Amp Service
  • Private Water Source
  • Well
  • Drilled Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 040196000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

Built in 1900

Lot Details

80 Acres

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Wood
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: Drilled, Private, Well
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1459
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial, Sump Basket, Unfinished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1459
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Partial, Wire
  • Foundation Details: Block
  • Other Structures: Garage(s), Barn(s), Lean-To, Pole Building, Silo
  • PatioPorchType: Deck
  • Farm Type: None
  • Soil Type: Clay, Loam

Garage/Parking

  • Parking Features: Detached Garage, Gravel, Open
  • Carport Spaces: 4

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer
  • LaundryFeatures: In Basement, Gas Dryer Hookup
  • Electric: Service - 60 Amp, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: East Central Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Patio, Washer/Dryer Hookup

Schools

  • Junior High Dist: Mora
  • SchoolDistrictPhone: 3206796200

Lot Info

  • Topography: Level,Scattered Timber
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 2595x1257x2603x1252
  • Land Lease: No
  • Lot Features: Suitable for Horses, Tree Coverage - Heavy, Wetlands
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • Crop Type: None

Building Info

  • Construction Materials: Block, Concrete, Stone

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 040196000
  • Tax Annual Amount: 1642
  • TaxWithAssessments: 1642

Map

Range of Values:

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Value Increase
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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 $1,642 $453,400 $317,900 $135,500
2025 $1,652 $438,800 $261,600 $177,200
2024 $1,496 $399,300 $236,800 $162,500
2023 $1,222 $382,400 $227,000 $155,400
2022 $488 $312,700 $173,200 $139,500
2021 $602 $232,400 $149,300 $83,100
2020 $552 $223,500 $148,800 $74,700
2018 $1,502 $150,100 $129,300 $20,800
2017 $1,626 $195,400 $138,713 $56,687
2015 $1,154 $176,800 $136,007 $40,793
2013 $1,262 $164,500 $127,207 $37,293
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
07/27/2026 07/27/26 Pending -- -- --
07/27/2026 07/27/26 For Sale $439,000 -- $301 / Sq Ft
Source: NorthstarMLS

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 Type Sale Price Title Company
Deed $271,000 Absolute Title
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 Loan Amount Loan Type
Open $261,000 VA
Closed $271,000 VA
Source: Public Records

Source: NorthstarMLS

MLS Number: 7115856

NorthstarMLS

APN: 04.01960.00

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