Hennepin County property record for 3501 Rainbow Dr, Minnetonka, MN 55345
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 3.5 ba · 2,564 sqft · built 1957 |
| Lot Size | 0.37 acres (16,117 sqft) |
| Owner | 2 Individual Names on File |
| Tax Bill | $10,170 (2025) |
| Deeds & Mortgages | Jan 2021 Mortgage Jan 2021 Mortgage + 2 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 17-117-22-32-0061 |
| Primary APN | 17-117-22-32-0061 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 3.5 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 9 Rooms |
| Stories | 1 Story |
| Building Area | 2,564 sqft Living Area |
| 1st Floor Area | 2,564 sqft |
| Basement Area | 2,516 sqft |
| Family Room | Family Room |
| Flooring | Carpet |
| Interior Walls | Wallboard/Drywall |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1957 |
|---|---|
| Effective Year Built | Effective 1990 |
| Architectural Style | Ranch |
| Exterior Material | Wood |
| Construction Type | Frame |
| Roof Type | Gable |
| Roof Material | Asphalt |
| Lot Area | 16,117 sqft (0.37 acres) |
| View / Lot | Lake |
| Garage Type | Attached |
| Garage Area | 844 sqft |
| Deck Area | 188 sqft |
| Patio Area | 168 sqft |
| Cooling System | Package A/C |
|---|---|
| Heating System | Floor/Wall Furnace |
| Heating Fuel | Electric |
| Street Address | 3501 RAINBOW DR |
|---|---|
| City | MINNETONKA |
| State | MN |
| Zip | 55345-1034 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R-1 |
| Legal Description | LOT 002 BLOCK 002 A W A ACKERMANS GROVELAND MANOR BEG AT A PT IN E LINE OF LOT 2 DIS 61 FT N FROM SE COR THOF TH N 67 DEG 35 MIN 29 SEC W DIS 110.26 FT TO WLY LINE THOF TH SLY ALONG WLY T IRREGULAR |
| Legal Range | 22 |
| Legal Township | 117 |
| Legal Section | 17 |
| Legal Quarter | 32 |
| Legal Subdivision | W A ACKERMANS GROVELAND MANOR |
| Legal Block | 2 |
| Legal Lot Number | 2 |
| Jurisdiction | HENNEPIN MN |
| Township / Civil Division | MINNETONKA |
| Census Block Group | 1 |
| Census Block | 1009 |
| Census Tract | 26302 |
3501 Rainbow Dr is owned and occupied by two individuals.
Source: Hennepin County records, as of July 22, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 3501 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Date | Document |
|---|---|
| Jan 20, 2021 | Deed of Trust, Mortgage · Conventional Mortgage CHICAGO MORTGAGE SOLUTIONS CORP |
| Jan 6, 2021 | Deed of Trust, Mortgage · Conventional Mortgage CHICAGO MORTGAGE SOLUTIONS CORP |
| Dec 4, 2018 | Loan Modification, Mortgage · Conventional Mortgage RELIANCE BK |
| Jun 1, 2018 | Trustee's Deed, Construction Loan · Construction Mortgage RELIANCE BK |
| Deed Names | 2 Names on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 3501 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Transaction Type | Mortgage |
| Record Updated | Feb 17, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0T05793223 |
|---|---|
| Date | Jan 20, 2021 |
| Instrument | T05793223 |
| Name | CHICAGO MORTGAGE SOLUTIONS CORP |
|---|---|
| Type | Mortgage Company |
| Address | DES PLAINES, IL 60018 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 357 Months |
| Due | Oct 1, 2050 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 3501 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Transaction Type | Mortgage |
| Record Updated | Feb 8, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0T05788312 |
|---|---|
| Date | Jan 6, 2021 |
| Instrument | T05788312 |
| Name | CHICAGO MORTGAGE SOLUTIONS CORP |
|---|---|
| Type | Mortgage Company |
| Address | DES PLAINES, IL 60018 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 357 Months |
| Due | Oct 1, 2050 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 3501 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Document Number | 0005636153 |
| Instrument Date | Dec 4, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Aug 26, 2019 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Married Couple |
| Address | 3501 RAINBOW DR MINNETONKA MN 553451034, MINNETONKA, MN 55345-1034 |
| Document Number | 0005636153 |
|---|---|
| Date | Aug 14, 2019 |
| Instrument | 5636153 |
| Name | RELIANCE BK |
|---|---|
| Type | Bank |
| Address | FARIBAULT, MN 55021 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 12 Months |
| Due | Aug 13, 2020 |
| Document Type | Trustee's Deed |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Jun 1, 2018 |
| Property Address | 3501 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Instrument Date | Oct 11, 2017 |
| Instrument | 5534899 |
| Transaction Type | Construction Loan |
| Record Updated | Jul 10, 2018 |
| Name | Verified Name |
|---|---|
| Relationship | Married Couple |
| Address | 3501 RAINBOW DR MINNETONKA MN 553451034, MINNETONKA, MN 55345-1034 |
| Document Number | 0005534899 |
|---|---|
| Date | Jun 1, 2018 |
| Instrument | 5534899 |
| Name | RELIANCE BK |
|---|---|
| Type | Bank |
| Address | FARIBAULT, MN 55021 |
| Type | Construction Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 12 Months |
| Due | May 31, 2019 |
The 2025 property tax bill for 3501 Rainbow Dr was $10,170.
Source: Hennepin County assessment roll, as of June 23, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Hennepin County |
| Municipality | Minnetonka City |
| Unified School District | Minnetonka Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $10,170.00 | $689,000 Land $202,400 Building $486,600 | $689,000 Land $202,400 Building $486,600 |
| 2023 | $7,967.00 Homeowner's exemption | ||
| 2022 | $611,300 Land $202,400 Building $408,900 | $611,300 Land $202,400 Building $408,900 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 3501 Rainbow Dr in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 1 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 3501 Rainbow Dr is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 95% of the US · lower than 84% of Minnesota |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Minnetonka serves 54,474 people · EPA ID MN1270031 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Feb 2025 |
| Lead | Under 1 ppb (2023) action level 15 ppb |
| Copper | 1.4 mg/L (2017–2019) action level 1.3 mg/L |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 333 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 1,200 / 35 |
| T-Mobile Fixed Wireless | 100 / 20 |
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