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3617 Rainbow Drive

Minnetonka, MN 55345

5 beds
4 baths
3,689 sqft
~3/4 acre lot
$189 per sqft
1962 build
– on site

Welcome home to this 2 story, 5 bed, 4 bath home located in Minnetonka's award winning school district. New roof in 2022. The kitchen has newer granite countertops and SS appliances. Main floor bedroom is currently being used as an office. Four bedrooms and a full bath complete the upper level, including a primary suite with 3/4 bath and ample closet space. (3 of the 4 bedrooms have hardwood floors under carpet). Lower level includes a family room with wood burning fireplace, laundry room, mechanical room, and half bath. Beautiful 4 season porch has sliding doors, floor to ceiling windows, and a gas stove for keeping warm on those chilly nights, Step out to the fully screened porch, an ideal space for relaxing and dining while enjoying the peaceful view. This home sits on a large lot with lots of privacy. The property backs up to a wooded area, with a newer paver patio for having fires or just hanging out. Walkable to nearby restaurants and coffee shops. Close to schools, Bennett Park, Ridgedale mall, and highways. Owner is providing a 1 year Home Warranty including outside sewer line.

Listing courtesy of NORTHSTAR / Raymond Quist / RE/MAX Results

Last checked: Checking… • Last updated Nov 13, 2024 •

MLS# 6623797 —

The Building

Year Built:

1962
New Construction:

false
Age Of Property:

62
Construction Materials:

Brick/Stone, Vinyl Siding
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1417.0000
Basement:

Daylight/Lookout Windows, Finished, Walkout
Basement:

true
Foundation Area:

1141
Manufactured Home:

No
Building Area Total:

3689
Above Grade Finished Area:

2548
Below Grade Finished Area:

1141

Interior

Dining Room Description:

Eat In Kitchen
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Family Room, Living Room, Wood Burning
Amenities:

Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Porch,Tile Floors,Washer/Dryer Hookup

Room Dimensions

Living Area:

3689

Location

Directions:

County Road 101 (Off Highway 7 or Minnetonka Blvd.) to Manor Road. Right on Lilac, veer left on Rainbow Drive to home on right.
Latitude:

44.937732
Longitude:

-93.499186

The Property

Parcel Number:

1711722330005
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Tree Coverage - Medium
Lot Size Area:

0.7
Lot Size Dimensions:

Irregular
Lot Size SqFt:

30492
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

6906
Tax With Assessments:

6906.0000

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Bath Description:

1/2 Basement,3/4 Primary,Main Floor 1/2 Bath,Upper Level Full Bath
Full Baths:

1
Three Quarter Baths:

1
Half Baths:

2

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Baseboard, Boiler, Hot Water
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

W A Ackermans Groveland Manor
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Concrete, Garage Door Opener
Garage Spaces:

2
Garage Door Height:

7
Garage Door Width:

9
Garage Dimensions:

24x26
Garage SqFt:

624

Monthly cost estimate

Asking price

$699,999

Expense	Monthly cost
Mortgage	$3,748
Taxes	$575
Insurance	$192
Utilities	$259 See report
Total	$4,774/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
11/1/24 Nov 1, 2024	Listed / Active	NORTHSTAR	$699,999
10/31/24 Oct 31, 2024	Coming Soon	NORTHSTAR	$699,999

44% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $17k above asking price on average, but some went as high as $115k over asking price.

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This house located in Groveland, Minnetonka, MN 55345 is currently for sale for $699,999. 3617 Rainbow Drive is a 3,689 square foot house with 5 beds and 4 baths that has been on Estately for 21 days. 3617 Rainbow Drive is in the Groveland neighborhood of Minnetonka and has a WalkScore® of 50, making it somewhat walkable. This house is in the attendance area of Minnetonka High School, Groveland Elementary School, and Middle School East.

Listing Courtesy of: NORTHSTAR and RE/MAX Results.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.