NOT LISTED FOR SALE

3418 Rainbow Dr Minnetonka, MN 55345

Groveland Neighborhood

Estimated Value: $595,000 - $735,000

3 Beds
3 Baths
2,266 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 3418 Rainbow Dr, Minnetonka, MN 55345 and is currently estimated at $695,800, approximately $307 per square foot. 3418 Rainbow Dr is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Severson Clyde S and Severson Janice A
Bought by
Sturdivant Michael P and Sturdivant Masada
Current Estimated Value
$695,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,400
Outstanding Balance
$461,790
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,010

Purchase Details

Closed on
Nov 18, 2020
Sold by
Severson Clyde S and Severson Jan
Bought by
Severson Clyde S and Severson Janice A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Sturdivant Michael P $633,000 Esquire Title Service Llc
Severson Clyde S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturdivant Michael P $506,400
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 $7,624 $565,000 $213,400 $351,600
2023 $7,177 $561,800 $213,400 $348,400
2022 $5,652 $539,300 $213,400 $325,900
2021 $5,409 $410,200 $184,000 $226,200
2020 $5,608 $393,400 $184,000 $209,400
2019 $5,456 $390,600 $184,000 $206,600
2018 $5,127 $378,300 $184,000 $194,300
2017 $5,256 $359,400 $169,900 $189,500
2016 $5,060 $344,900 $155,000 $189,900
2015 $4,718 $319,500 $150,000 $169,500
2014 -- $306,800 $150,000 $156,800
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Groveland

3418 Rainbow Dr, Minnetonka, MN

Not Listed for Sale

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