NOT LISTED FOR SALE

54794 Rainbow Rd Deer River, MN 56636

Estimated Value: $236,000 - $302,000

2 Beds
1 Bath
984 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2025

Last sale price $245,000 $249 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,588 / mo

7 Days on Market

Highlights

  • 309 Feet of Waterfront
  • Beach Access
  • No HOA
  • Docks
  • Deck
  • The kitchen features windows

About This Home

As of July 2025

This was a 3 bedroom, smallest was converted to a utility room. I have it listed as a utility. Could be changed to a bedroom. Garage dimensions are for the boat house. Septic was compliant in 2020. New inspection has been ordered. House uses a drilled well. Sand point well in shed near propane tank.

Last Agent to Sell the Property

Mark Wessels

RE/MAX Results - Crosslake Listed on: 06/13/2025

RE/MAX Results - Crosslake

Last Buyer's Agent

Mark Wessels

RE/MAX Results - Crosslake Listed on: 06/13/2025

RE/MAX Results - Crosslake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1953

Lot Details

  • 2.61 Acre Lot
  • Lot Dimensions are 306x343x299x301
  • 309 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Unpaved Streets
  • Many Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • Open Parking

Home Design

  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Utility Room
  • Dryer
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Beach Access
  • Docks
  • Deck

Utilities

  • No Cooling
  • Space Heater
  • 100 Amp Service
  • Sand Point Well
  • Drilled Well
  • Tankless Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Septic System
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 350323102

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,111

Year Built

Built in 1953

Lot Details

2.61 Acres

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: No Stairs Internal
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled, Sand Point
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 984
  • Water Body Name: Sand Lake (31082600)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dryer, Electric Water Heater, Freezer, Fuel Tank - Rented, Microwave, Range, Refrigerator, Tankless Water Heater, Water Softener Owned
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 984
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Utility Room

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Metal
  • PoolFeatures: None
  • Fencing: None
  • View: Lake, North
  • Other Structures: Boat House, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Bottom: Hard,Reeds,Excellent Sand
  • LakeChain: N
  • Waterfront Frontage: 309

Garage/Parking

  • Parking Features: Gravel, Open

Utilities

  • Heating: Fireplace(s), Space Heater
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Electric: 100 Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Satelite Dish,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Deer River
  • SchoolDistrictPhone: 218-246-2420

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 306x343x299x301
  • Lot Size Sq Ft: 113691.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log Siding, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 350323102
  • Tax Annual Amount: 2111
  • TaxWithAssessments: 2192.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Webster Shawn and Webster Heather
Bought by
Gustafson Donald and Gustafson Amandah
Current Estimated Value
$264,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$206,515
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$58,434

Purchase Details

Closed on
Sep 25, 2020
Sold by
Szafrnski Sue B
Bought by
Webster Shawn L and Webster Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2015
Closed on
Jul 1, 2015
Sold by
Schultz Raymond Karl and Schultz Jean Juel
Bought by
Szafranski Sue B
Seller's Agent
Robert Ellies
RE/MAX Thousand Lakes
Buyer's Agent
Member Non
NON-MEMBER
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Vollum Suzanne M
Bought by
Schultz Raymond Karl and Schultz Jean Juel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gustafson Donald $250,000 --
Webster Shawn L $210,000 None Available
Szafranski Sue B -- First American Title
Schultz Raymond Karl $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Donald $225,000
Previous Owner Webster Shawn L $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2025 07/18/25 Sold $245,000 -9.2% $249 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $269,900 +71.9% $274 / Sq Ft
07/02/2015 07/02/15 Sold $157,000 -- $156 / Sq Ft View Prior Sale
06/16/2015 06/16/15 Pending -- -- --
Source: NorthstarMLS

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 $2,192 $336,100 $243,100 $93,000
2023 $2,192 $336,100 $243,100 $93,000
2022 $2,982 $304,900 $211,900 $93,000
2021 $2,186 $260,900 $191,700 $69,200
2020 $2,224 $196,300 $134,400 $61,900
2019 $2,060 $189,100 $134,400 $54,700
2018 $2,280 $180,600 $130,200 $50,400
2017 $1,872 $0 $0 $0
2016 $2,152 $0 $0 $0
2015 $1,996 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Wessels

    Seller's Agent in 2025

    Mark Wessels

    RE/MAX Results - Crosslake

    (218) 820-8801

    54 Total Sales

    Mark Wessels
    Section Image

  • R

    Seller's Agent in 2015

    Robert Ellies

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2015

    Member Non

    NON-MEMBER

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6739536

NorthstarMLS

APN: 35-032-3102

Minnesota Itasca County Deer River 56636

54794 Rainbow Rd, Deer River, MN

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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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