Pending

$439,000

1633 Rainbow St, Grasston, MN 55030

3beds

1,459sqft

$2,805/mo

Get pre-qualified

Single Family

Built in 1900

80 Acres Lot

$443,200 Zestimate^®

$301/sqft

$-- HOA

What's special

Amazing opportunity to own 80 beautiful acres with a well-maintained home, multiple outbuildings, and endless possibilities Offered by only its second owner, this property features a brand-new roof, newer furnace, washer, dryer, and water softener. Enjoy scenic views of the acreage and abundant wildlife from the living and dining rooms. Two pole buildings offer concrete floors and electricity, plus a detached garage with space for a workshop. Whether you're looking to hunt, farm, start a hobby farm, ride trails, or simply enjoy peaceful country living, this property has it all. A rare combination of quality, acreage, and versatility—schedule your showing today!

47 days
17
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
3/4 bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Main
Area: 150 Square Feet
Dimensions: 12.5x12

Bedroom 2

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

Bedroom 3

Level: Upper
Area: 144 Square Feet
Dimensions: 12x12

Dining room

Level: Main
Area: 94.5 Square Feet
Dimensions: 13.5x7

Other

Level: Upper
Area: 114.75 Square Feet
Dimensions: 13.5x8.5

Kitchen

Level: Main
Area: 126 Square Feet
Dimensions: 12x10.5

Laundry

Level: Lower
Area: 181.5 Square Feet
Dimensions: 16.5x11

Living room

Level: Main
Area: 232.5 Square Feet
Dimensions: 15x15.5

Office

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

Storage

Level: Lower
Area: 142.5 Square Feet
Dimensions: 19x7.5

Heating

Forced Air

Cooling

None

Appliances

Included: Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Laundry: In Basement, Gas Dryer Hookup

Features

Basement: Block,Partial,Sump Basket,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,459
Total interior livable area: 1,459 sqft
Finished area above ground: 1,459
Finished area below ground: 0

Property

Parking

Total spaces: 5
Parking features: Detached Garage, Gravel, Open
Garage spaces: 1
Carport spaces: 4
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Deck
Pool features: None
Fencing: Partial,Wire

Lot

Size: 80 Acres
Dimensions: 2595 x 1257 x 2603 x 1252
Features: Suitable for Horses, Tree Coverage - Heavy
Topography: Level,Scattered Timber

Details

Additional structures: Garage(s), Barn(s), Lean-To, Pole Building, Silo
Foundation area: 600
Parcel number: 040196000
Zoning description: Agriculture
Wooded area: 1742400

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block, Concrete, Stone
Roof: Age Over 8 Years,Asphalt

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Service - 60 Amp, 100 Amp Service, Power Company: East Central Energy
Gas: Natural Gas
Sewer: Mound Septic, Private Sewer
Water: Drilled, Private, Well

Community & HOA

HOA

Has HOA: No

Location

Region: Grasston

Financial & listing details

Price per square foot: $301/sqft
Tax assessed value: $438,800
Annual tax amount: $1,642
Date on market: 7/24/2026
Road surface type: Paved

Estimated market value

$443,200

$421,000 - $465,000

$1,644/mo

Price history

Date	Event	Price
7/27/2026	Pending sale	$439,000$301/sqft
Source: NorthstarMLS as distributed by MLS GRID #7115856 Report a problem
7/27/2026	Listed for sale	$439,000+62%$301/sqft
Source: NorthstarMLS as distributed by MLS GRID #7115856 Report a problem
6/29/2017	Sold	$271,000-6.5%$186/sqft
Source: Public Record Report a problem
9/16/2016	Listing removed	$289,900$199/sqft
Source: CENTURY 21 Moline Realty, Inc #4717295 Report a problem
5/19/2016	Listed for sale	$289,900$199/sqft
Source: Century 21 Moline #4717295 Report a problem
10/7/2015	Listing removed	$289,900$199/sqft
Source: Century 21 Moline #4629838 Report a problem
8/3/2015	Listed for sale	$289,900$199/sqft
Source: SMARTER. BOLDER. FASTER. #4629838 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,652 +10.4%	$185,400 +10%
2024	$1,496 +22.4%	$168,600 +38.4%
2023	$1,222 +150.4%	$121,800 -61%
2022	$488 -18.9%	$312,700 +34.6%
2021	$602 +9.1%	$232,400 +4%
2020	$552 -10.7%	$223,500 -0.7%
2019	$618 -58.9%	$225,000 +15.1%
2017	$1,502 +30.2%	$195,400 +10.5%
2015	$1,154 -8.6%	$176,800 +7.5%
2013	$1,262 +9837%	$164,500 -6.9%
2012	$13 -99.1%	$176,600 -13%
2011	$1,396	$202,900
2010	--	--
2009	$1,234	$252,600