NOT LISTED FOR SALE

306 W Rainbow St Duluth, MN 55811

Duluth Heights Neighborhood

Estimated Value: $353,000 - $410,260

4 Beds
2 Baths
2,184 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $400,000 $183 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,405/month

7 Days on Market

Highlights

  • 0.88 Acre Lot
  • Vaulted Ceiling
  • Sun or Florida Room
  • Deck
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of April 2024

Somewhere over on RAINBOW, skies are blue! This classic brick home is very solid, meticulously maintained, sets on just under an acre and has over 2,000 sf of practical living space! Recent improvements include attic insulation, tankless boiler system, newer windows and much more! Highlights include 4 BEDROOMS, a large 3 season SUNROOM, a WET BAR, a gas FIREPLACE, a HEATED GARAGE and huge BACKYARD! Nearly all of Duluth's finest amenities including parks, trails, shopping, & Lake Superior are less than a 15 minute drive. This home has been pre-inspected for you and is move-in ready! Book your showing today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1974

Lot Details

  • 0.88 Acre Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Split Foyer
  • Bi-Level Home
  • Brick Exterior Construction
  • Concrete Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Rubber Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-0264-00360, 010-0264-00610

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,339

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Arrowhead Rd to Swan Lake Rd, left on Morgan St, Right on Robin Ave, Left on Rainbow St.
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 183.15
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Vaulted Ceilings, Wet Bar, Drywalls, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Gutter/Downspout
  • Mfg And Park Info Construction Type: Concrete Block
  • FinFootageAboveGrade: 1134
  • Below Grade Finished Sq Ft: 1050
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, Hot Water, Ductless/Mini Split, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles, Rubber
  • Room 10: Bedroom
  • Room 11: Bathroom
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1974
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Bath, Bedrooms, Family/Rec Room, Fireplace, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Sunrm/Solarium, 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: Bi-Level Split
  • Room 6: Bathroom
  • Room 7: Sunroom/Solarium
  • Room 8: Family Room
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2184
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Brick
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Features: Heat, Slab
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 24

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2024-03-12
  • Estimated Lot Dimensions: 75 X 128, 75 X 128
  • Estimated Number of Acres: 0.88
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Underground Utilities, Level
  • Parcel Number: 010-0264-00360, 010-0264-00610

Rental Info

  • Lease Terms: Cash, Conventional, VA DVA

Tax Info

  • Tax Amount: 5339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 19, 2024
Sold by
Tarvers Anthony C and Tarvers Mary L
Bought by
Villa Jordan Andrew and Villa Cami Jean
List Price
$400,000
Sold Price
$400,000
Total Days on Market
7
Views
5
Current Estimated Value
$381,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,185
Avg. Annual Appreciation
-3.97%
Original Mortgage
$380,000
Outstanding Balance
$375,592
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$6,223

Purchase Details

Closed on
Jan 17, 2023
Sold by
Tarvers Anthony C and Tarvers Mary L
Bought by
Tarvers Anthony C and Tarvers Mary L
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
Villa Jordan Andrew $400,000 The Title Team
Tarvers Anthony C -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Jordan Andrew $380,000
Previous Owner Tarvers Anthony C $155,000
Previous Owner Tarvers Anthony C $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $400,000 0.0% $183 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $400,000 -- $183 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $4,538 $358,800 $42,700 $316,100
2022 $4,642 $310,800 $37,300 $273,500
2021 $4,106 $289,700 $35,000 $254,700
2020 $3,782 $264,700 $25,700 $239,000
2019 $3,474 $240,000 $23,100 $216,900
2018 $3,246 $224,300 $23,100 $201,200
2017 $3,218 $224,400 $23,200 $201,200
2016 $2,660 $1,500 $1,500 $0
2015 $2,712 $174,000 $33,300 $140,700
2014 $2,712 $174,000 $33,300 $140,700
Source: Public Records

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112611

APN: 010026400360

Minnesota St Louis County Duluth 55811 Duluth Heights

306 W Rainbow St, Duluth, MN

This home is located at 306 W Rainbow St, Duluth, MN 55811 since 12 March 2024 and is currently estimated at $381,815, approximately $174 per square foot. This property was built in 1974. 306 W Rainbow St is a home located in St. Louis County with nearby schools including Lowell Elementary School, Lincoln Park Middle School, and Denfeld High 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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