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Price cut: $15K (6/29)

$409,900

1490 Rainbow Ave, Maple Plain, MN 55359

4beds

2,175sqft

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Single Family

Built in 1972

0.27 Acres Lot

$404,900 Zestimate^®

$188/sqft

$-- HOA

What's special

***Priced 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!

26 days

710

32

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Main
Area: 149.5 Square Feet
Dimensions: 13x11.5

Bedroom 2

Level: Main
Area: 109.25 Square Feet
Dimensions: 11.5x9.5

Bedroom 3

Level: Main
Area: 92 Square Feet
Dimensions: 11.5x8

Bedroom 4

Level: Lower
Area: 148.5 Square Feet
Dimensions: 13.5x11

Dining room

Level: Main
Area: 108 Square Feet
Dimensions: 12x9

Family room

Level: Lower
Area: 494.5 Square Feet
Dimensions: 23x21.5

Flex room

Level: Lower
Area: 56 Square Feet
Dimensions: 8x7

Kitchen

Level: Main
Area: 204 Square Feet
Dimensions: 17x12

Living room

Level: Main
Area: 228 Square Feet
Dimensions: 19x12

Heating

Baseboard, Boiler, Hot Water

Cooling

Ductless Mini-Split

Appliances

Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
Laundry: Lower Level, Laundry Room

Features

Basement: Block,Drain Tiled,Egress Window(s),Finished,Full,Storage Space,Sump Pump
Has fireplace: No

Interior area

Total structure area: 2,254
Total interior livable area: 2,175 sqft
Finished area above ground: 1,242
Finished area below ground: 933

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Property

Parking

Total spaces: 2
Parking features: Detached Garage, Gravel, Electric, Garage Door Opener
Garage spaces: 2
Has uncovered spaces: Yes
Details: Garage Dimensions (27x24), Garage Door Height (7), Garage Door Width (16)

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Patio

Lot

Size: 0.27 Acres
Dimensions: 100 x 122
Features: Tree Coverage - Medium

Details

Foundation area: 1242
Parcel number: 2611824110042
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block, Frame
Roof: Asphalt,Pitched

Condition

New construction: No
Year built: 1972

Utilities & green energy

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

Community & HOA

Community

Subdivision: Rainbow Lane 1st Add

HOA

Has HOA: No

Location

Region: Maple Plain

Financial & listing details

Price per square foot: $188/sqft
Tax assessed value: $296,000
Annual tax amount: $3,988
Date on market: 6/9/2026
Road surface type: Paved

Estimated market value

$404,900

$385,000 - $425,000

$2,771/mo

Price history

Date	Event	Price
6/29/2026	Price change	$409,900-3.5%$188/sqft
Source: NorthstarMLS as distributed by MLS GRID #7090120 Report a problem
6/13/2026	Listed for sale	$424,900+102.4%$195/sqft
Source: NorthstarMLS as distributed by MLS GRID #7090120 Report a problem
7/8/2016	Listing removed	$209,900$97/sqft
Source: RE/MAX Advantage Plus #4717557 Report a problem
6/5/2016	Price change	$209,900-4.5%$97/sqft
Source: RE/MAX Advantage Plus #4717557 Report a problem
5/23/2016	Listed for sale	$219,900+83.2%$101/sqft
Source: RE/MAX Advantage Plus #4717557 Report a problem
8/12/1998	Sold	$120,050$55/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,702 +5.7%	$296,000 +3.4%
2024	$4,451 -0.9%	$286,200 -1.6%
2023	$4,492 +2.7%	$291,000 +2.8%
2022	$4,373 +9.5%	$283,000 +12.7%
2021	$3,994 -5.2%	$251,000 +12.1%
2020	$4,210 +5.4%	$224,000 -0.4%
2019	$3,994 -5.2%	$225,000 +6.1%
2018	$4,210 -0.9%	$212,000 +8.2%
2017	$4,249 +1.2%	$196,000 +7.1%
2016	$4,196 +5.3%	$183,000 +3.4%
2015	$3,983 -0.3%	$177,000 +11.3%
2014	$3,995 +86.2%	$159,000 +10.4%
2013	$2,146 -5.9%	$144,000 -12.2%
2012	$2,280 +0.4%	$164,000 -6.3%
2011	$2,271 -3.6%	$175,000 -12.1%
2010	$2,357 -7.8%	$199,000 -7.9%
2009	$2,556 +29.7%	$216,000 +9.1%
2006	$1,971 +5.6%	$198,000 +5.3%
2005	$1,866 -2.8%	$188,000 +14.9%
2004	$1,919 +14.8%	$163,600 +12%
2002	$1,672 -38.5%	$146,100
2001	$2,718	--

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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