NOT LISTED FOR SALE

54794 Rainbow Rd Deer River, MN 56636

Estimated Value: $280,582

2 Beds
1 Bath
984 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2025

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

Est. 15% increase in value since last sale

Current estimated payment $1,744 / 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
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1953

Lot Details

  • 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

  • Cabin
  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Beach Access
  • Docks
  • Deck

Utilities

  • No Cooling
  • Space Heater
  • 100 Amp Service
  • Propane
  • Sand Point Well
  • Drilled Well
  • 4 Inch Submersible Water Pump
  • 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
  • Cooling System: None
  • Outside Features: Log Siding, Wood
  • Accessibility Features: No Stairs Internal
  • Fireplaces: 1
  • Water Source: 4-Inch Submersible, Drilled, Sand Point
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 984
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • NST_SingleFamilySubType: Cabin
  • 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

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
  • Foundation Details: Block
  • Other Structures: Boat House, Storage Shed
  • PatioPorchType: Deck
  • Lake Bottom: Hard, Reeds, Excellent Sand
  • Waterfront Frontage: 309

Garage/Parking

  • Parking Features: Gravel, Open

Utilities

  • Heating: Fireplace(s), Space Heater
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • LaundryFeatures: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • 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, Satellite Dish, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • Junior High Dist: Deer River
  • SchoolDistrictPhone: 2182462420

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 306x343x299x301
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 350323102
  • Tax Annual Amount: 2111
  • TaxWithAssessments: 2192

Multi Family

  • WaterfrontFeatures: Dock, Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Jul 18, 2025
Sold by
Bought by
Seller's Agent
Mark Wessels
RE/MAX Results - Crosslake
Buyer's Agent
Mark Wessels
RE/MAX Results - Crosslake
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%
Views
18
Current Estimated Value
$280,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,582
Avg. Annual Appreciation
13.93%
Original Mortgage
$190,000
Outstanding Balance
$159,843
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$120,739

Purchase Details

Closed on
Dec 30, 2021
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2020
Sold by
Bought by

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
Bought by
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
5.37%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 Quality Title
$250,000 --
$210,000 None Available
-- First American Title
$93,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $190,000
Previous Owner $168,000
Previous Owner $76,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,388 $317,837 $231,128 $86,709
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

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Map

Source: NorthstarMLS

MLS Number: 6739536

NorthstarMLS

APN: 35-032-3102

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