NOT LISTED FOR SALE

26861 Rainbow Ln Merrifield, MN 56465

Estimated Value: $510,864 - $600,000

3 Beds
2 Baths
1,476 Sq Ft
$379/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $340,000 $230 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,311/month

14 Days on Market

Highlights

  • Lake Front
  • Deck
  • 1 Car Detached Garage
  • Dock Available
  • No HOA
  • Porch

About This Home

As of June 2019

Must see Upper Mission Lake home with 100 feet of level sandy shoreline. This 3+ bedroom 2 bath home boasts panoramic views, main floor living, spacious deck, completely renovated interior with adorable bunk house for extra sleeping room, new flooring throughout, open floor plan, huge living room, central air conditioning and property available furnished with dock and boat lift. Great fishing and just in time for summer!

Last Listed By

Chad Schwendeman

eXp Realty Listed on: 05/24/2019

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1970

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100x262x100x265
  • Lake Front
  • Property fronts a private road

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Wood Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Available
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 520032203H00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Metal/Vinyl
  • Garage Spaces: 1.00
  • Accessibility Features: None
  • Water Source: Well
  • Fuel Type: Electric, Natural Gas
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1480.00
  • Above Grade Finished Area Search: 1480.00
  • Above Grade Finished Sq Ft: 1476.00
  • Assessment Pending Y N: No
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Chain Acres: 1599.100
  • Chain Name: Mission
  • Co Listing Association Office S K: 13569
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Sand
  • Lake Depth Feet: 36
  • List A O R Key Numeric: 13569
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1480.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1476.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 520032203H00009
  • Rental License: No
  • Stories Type: One
  • Water Body Name: Upper Mission
  • Waterfront Frontage: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Crawl Space, Wood
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Other
  • Dining Room Features: Breakfast Area, Kitchen/Dining Room
  • Living Area: 1476.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 874.44000
  • Fencing: Other
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Detached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: Private

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Deck, Dock, Natural Woodwork, Patio, Porch

Schools

  • School District: 182 - Crosby-Ironton
  • School District Phone: 218-545-8801

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 100X262X100X265
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.6100
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: THAT PART OF GOV'T LOT 3...
  • Tax Amount: 2104.00
  • Tax Year: 2018
  • Tax With Assessments: 2104.00
  • Assessor Parcel Number: 520032203H00009

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 182 - Crosby-Ironton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2010
Sold by
Schiller William S
Bought by
Root, Craig & Kelly Rev Trust
Total Days on Market
14
Current Estimated Value
$559,466

Purchase Details

Closed on
Aug 1, 2001
Sold by
Schneider Joseph
Bought by
Schiller William S

Purchase Details

Closed on
Oct 1, 1997
Sold by
Schwartz Donald P
Bought by
Newman Charles A

Purchase Details

Closed on
Jan 1, 1994
Sold by
Schwartz Donald
Bought by
Newman Charles

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
Root, Craig & Kelly Rev Trust $263,500 --
Schiller William S $202,500 --
Newman Charles A $60,000 --
Newman Charles $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $340,000 -2.8% $230 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $349,900 -- $237 / 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
2024 $2,328 $425,900 $185,600 $240,300
2023 $2,598 $449,400 $191,400 $258,000
2022 $2,336 $442,100 $181,300 $260,800
2021 $2,092 $297,400 $153,200 $144,200
2020 $2,010 $262,800 $132,200 $130,600
2019 $2,042 $242,600 $139,800 $102,800
2018 $2,104 $249,700 $154,700 $95,000
2017 $1,928 $258,500 $165,100 $93,400
2016 $1,890 $225,800 $141,100 $84,700
2015 $1,916 $224,100 $141,500 $82,600
2014 $1,025 $234,000 $150,500 $83,500
Source: Public Records

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Map

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Source: NorthstarMLS

MLS Number: NST5236007

NorthstarMLS

APN: 520032203H00009