Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $3,988 (2026).

What school district is this property in?

This property is in the 278 - Orono school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 71 days.

Sold / Closed

$350,000

Sold price · Closed Sep 16, 2026

$172/sqft

Rainbow Lane 1st Add

1490 Rainbow Avenue, Maple Plain, MN, 55359

4 Bedrooms2 Bathrooms2,175 Square Feet0.27 Acres

Days on market71

Year built1972

Garage spaces2

TypeResidential

Est. $8,250buyer credit when you buy with SODL

About this home

***Priced Well Below Appraised Value!!*** Beautiful and open main floor with vaults and spacious living areas. Remodeled kitchen designed with how you live today including an abundance of cabinets, counters, stainless steel appliances, undermount sink, task lighting, truly custom backsplash, and an impressive center island that is sure to be the center of all your future gatherings! Fresh paint and décor throughout! And tons of updates including main floor bathroom. Three bedrooms on main level. New boiler 2019. Water Heater 2025. New mini splits/AC 2021. Exterior doors (2026), appliances, RO Water Filtration, and so much more! Lower level family room, tons of storage areas, and the home’s 4th bedroom or office depending on your needs! Large back yard and inviting patio area. Close to nearby parks, Baker Park Trails and Lake Independence!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1972

LevelsOne

Living area2,175 sqft

Above-grade finished1,242 sqft

Below-grade finished933 sqft

Lot size0.27 acres (100x122)

Days on market71

ListedJun 9, 2026

MLS #NST7090120

CountyHennepin

SubdivisionRainbow Lane 1st Add

Parcel #2611824110042

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Baseboard, Boiler, Hot Water
Cooling: Ductless Mini-Split
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented

Property

Levels / stories: One
Garage: 2 spaces · 27x24 · 648 sqft
Parking features: Detached Garage, Gravel, Electric, Garage Door Opener
Patio & porch: Patio
Exterior features: Brick Veneer, Vinyl
Lot size: 0.27 acres

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Block, Frame
Foundation: Block · 1,242 sqft
Roof: Asphalt, Pitched
Year built: 1972

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Rainbow Lane 1st Add
HOA: No HOA
School district: 278 - Orono
High school district: Orono

Financial & listing details

Annual tax: $3,988 (2026)
Tax with assessments: 4813
Listed: Jun 9, 2026
Days on market: 71
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementBlock, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Sump Pump

HeatingBaseboard, Boiler, Hot Water

CoolingDuctless Mini-Split

LaundryLower Level, Laundry Room

AppliancesDishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented

DiningKitchen/Dining Room

AmenitiesHardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom

AccessibilityNone

Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorBrick Veneer, Vinyl

RoofAsphalt, Pitched

FoundationBlock

Foundation area1,242 sqft

Patio/porchPatio

Lot featuresTree Coverage - Medium

Road frontageCity Street, Curbs, Paved Streets, Storm Sewer

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage, Gravel, Electric, Garage Door Opener

Garage spaces2

Garage size648 sqft

Financial details

Annual taxes$3,988

Tax year2026

Taxes w/ assessments4813

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District278 - Orono

District number278

District phone9524498305

High schoolOrono

SODL flat fee brokerage

$8,250Estimated buyer credit

SODL platform fee $3,000Your buyer credit $8,250

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,428/mo

Principal & interest$1,971

Property taxes$332

Home insurance (est.)$125

Down payment

$75,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.