NOT LISTED FOR SALE

54966 Rainbow Rd Deer River, MN 56636

Estimated Value: $269,000 - $300,000

3 Beds
2 Baths
1,628 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 22, 2025

Last sale price $265,000 $163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,669/month

122 Days on Market

Highlights

  • 245 Feet of Waterfront
  • River View
  • Porch
  • Beach Access
  • No HOA
  • Soaking Tub

About This Home

As of August 2025

Lots of value here. 1.82 acres and 245' frontage on The Bowstring River. 1995 manufactured home with detached garage and 30 x 32 pole building built in 2017. Septic was compliant in 2017 and new certification is happening soon. 3 BR's and 2 updated baths with tile and jetted soaking tub, owned Kinetico water softener as well. Many custom cabinets offering tons of storage, don't miss the unique cabinet trays. Nicely landscaped with fenced (electric) garden area with BONUS garden shed and fish cleaning house! There's also a wrap around deck and an amazing 3 season porch lakeside offering great panoramic views of the river and also Sand Lake. Dock and power boatlift will stay with accepted offer, as well generator which is auto start in the event of power issues. Property is technically on The Bowstring River but you can see Sand Lake beyond the point (see pics). Quick closing possible.

Last Agent to Sell the Property

Todd Stone

MN DIRECT PROPERTIES Listed on: 04/14/2025

Co-Listed By

Mary Roy

MN DIRECT PROPERTIES

Last Buyer's Agent

Joseph Frei

Executive Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1995

Lot Details

  • 1.82 Acre Lot
  • Lot Dimensions are 245 x 350 x 180 x 393
  • 245 Feet of Waterfront
  • Lake Front
  • River Front
  • The property's road front is unimproved
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 4 Car Garage

Property Views

  • River
  • Lake

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub

Accessible Home Design

  • Wheelchair Access
  • No Interior Steps
  • Wheelchair Ramps

Outdoor Features

  • Beach Access
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Propane
  • Private Water Source
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 350323213

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,499

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 4
  • Accessibility Features: Fully Wheelchair, No Stairs Internal, Wheelchair Ramp(s)
  • Water Source: Drilled, Private
  • Year Built: 1995
  • Above Grade Finished Sq Ft: 1628
  • Water Body Name: Bowstring River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Living Area: 1628
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Three Season Porch

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake, River, West
  • Other Structures: Other, Pole Building, Storage Shed
  • PatioPorchType: Covered,Deck,Enclosed,Front Porch,Wrap Around
  • Lake Bottom: Soft,Undeveloped
  • LakeChain: N
  • Waterfront Frontage: 245

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 245 x 350 x 180 x 393
  • Lot Size Sq Ft: 79279.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 350323213
  • Tax Annual Amount: 2499
  • TaxWithAssessments: 2544.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View, River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
Aug 22, 2025
Sold by
Gorden Loel D and Gorden Carol A
Bought by
Dodge Lindsey Ann and Habben Nathan Andrew
Seller's Agent
Todd Stone
MN DIRECT PROPERTIES
Buyer's Agent
Joseph Frei
Executive Realty Inc.
List Price
$289,900
Sold Price
$265,000
Premium/Discount to List
-$24,900
-8.59%
Views
139
Current Estimated Value
$283,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,252
Avg. Annual Appreciation
24.86%

Purchase Details

Closed on
Dec 22, 2020
Sold by
Gorden Loel D and Gorden Carol A
Bought by
Moore Deborah S and Mckenney Rebekah J

Purchase Details

Closed on
Jul 9, 2014
Sold by
Quandt Coral Marie and Quandt Coral M
Bought by
Gorden Loel D and Gorden Carol A
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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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
Dodge Lindsey Ann $265,000 First American Title
Moore Deborah S -- None Available
Gorden Loel D $121,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Sold $265,000 -8.6% $163 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $289,900 0.0% $178 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
07/07/2025 07/07/25 Price Changed $289,900 -0.7% $178 / Sq Ft
05/29/2025 05/29/25 Price Changed $292,000 -10.2% $179 / Sq Ft
04/14/2025 04/14/25 For Sale $325,000 -- $200 / Sq Ft
Source: NorthstarMLS

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
2024 $2,220 $339,300 $178,100 $161,200
2023 $2,220 $339,300 $178,100 $161,200
2022 $2,544 $322,100 $160,900 $161,200
2021 $1,776 $242,100 $135,300 $106,800
2020 $1,744 $197,700 $102,200 $95,500
2019 $1,480 $186,500 $102,200 $84,300
2018 $1,610 $171,700 $94,100 $77,600
2017 $1,712 $0 $0 $0
2016 $1,876 $0 $0 $0
2015 $1,568 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6703172

NorthstarMLS

APN: 35-032-3213