NOT LISTED FOR SALE

5045 5045 Rainbow Ln Mounds View, MN 55112

Estimated Value: $316,000 - $363,000

3 Beds
2 Baths
1,888 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $135,000 $72 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,158/month

17 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • Irondale Senior High School Rated A-
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of June 2013

Great location near parks, lakes and schools. Close to Hwy 10 and I-35W for easy access to major roads. Only 12 miles from the attractions of Downtown Minneapolis. Lots of potential in this home!

Last Agent to Sell the Property

Rory Theng

Jeff A. Dotseth & Assoc.Realty Listed on: 03/25/2013

Last Buyer's Agent

William Hartman

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x135

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 073023440059

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,458

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans
  • Estimated Number of Acres: 0.23
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1079
  • Parcel Number: 073023440059
  • Projected Closed Date: 06/10/2013
  • Stories: 1 Story
  • Street Designation: Lane
  • Taxes With Assessments: 2458
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 25x12, On Level: Main
  • Room 4: Kitchen, 20x11, On Level: Main
  • Room 5: Bedroom, 13x9, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: 12x9, On Level: Main
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1079
  • Below Grade Finished Sq Ft: 809
  • Total Fin Square Footage: 1888

Exterior Features

  • Exterior: Metal, Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mounds View #621

Lot Info

  • Estimated Lot Dimensions: 75x135

Building Info

  • Year Built: 1956

Tax Info

  • Year: 2012
  • Tax Value: 2458

MLS Schools

  • School District: Mounds View #621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2017
Sold by
Strand Arthur T
Bought by
Strand Aaron T
Current Estimated Value
$345,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2015
Sold by
Strand Arthur T
Bought by
Strand Aaron T and Strand Arthur T

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jun 14, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Strand Arthur Theodore
Seller's Agent
Rory Theng
Jeff A. Dotseth & Assoc.Realty
Buyer's Agent
William Hartman
RE/MAX Advantage Plus
List Price
$119,000
Sold Price
$135,000
Premium/Discount to List
$16,000
13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$130,950
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2012
Sold by
Minnesota Housing Finance Agency
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 1, 1994
Sold by
Gillespie James M and Gillespie Ruth R
Bought by
Chelberg Thomas D and Chelberg Elizabeth A
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
Strand Aaron T -- Ancona Title & Escrow Inc
Strand Aaron T -- Attorney
Strand Arthur Theodore -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Chelberg Thomas D $78,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strand Aaron T $258,400
Closed Strand Aaron T $192,000
Closed Strand Arthur Theodore $130,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $135,000 +13.4% $72 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $119,000 -- $63 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,910 $302,800 $65,000 $237,800
2022 $3,612 $309,800 $60,000 $249,800
2021 $3,150 $260,300 $60,000 $200,300
2020 $3,358 $233,700 $56,600 $177,100
2019 $2,694 $230,900 $56,600 $174,300
2018 $2,388 $199,800 $56,600 $143,200
2017 $2,150 $176,400 $56,600 $119,800
2016 $2,488 $0 $0 $0
2015 $2,556 $155,200 $53,000 $102,200
2014 $2,774 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rory Theng

    Jeff A. Dotseth & Assoc.Realty

  • W

    Buyer's Agent in 2013

    William Hartman

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4454244

REALTOR® Association of Southern Minnesota

APN: 07-30-23-44-0059

Minnesota Ramsey County Mounds View 55112

5045 5045 Rainbow Ln, Mounds View, MN

This home is located at 5045 5045 Rainbow Ln, Mounds View, MN 55112 since 25 March 2013 and is currently estimated at $345,189, approximately $182 per square foot. This property was built in 1956. 5045 5045 Rainbow Ln is a home located in Ramsey County with nearby schools including Sunnyside Elementary School, Edgewood Middle School, and Irondale Senior 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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