Hennepin County property record for 3541 Rainbow Dr, Minnetonka, MN 55345
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 6 ba · 1,984 sqft · built 1972 |
| Lot Size | 0.83 acres (36,155 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $480,000 (Jun 2017) |
| Tax Bill | $9,378 (2025) |
| Deeds & Mortgages | May 2020 Line of Credit Mar 2020 Mortgage + 3 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 17-117-22-31-0066 |
| Primary APN | 17-117-22-31-0066 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 6 Baths |
| Half Baths | 3 Half Baths |
| Total Rooms | 10 Rooms |
| Stories | 1 Story |
| Building Area | 1,984 sqft Living Area |
| Gross Area | 2,957 sqft |
| 1st Floor Area | 1,984 sqft |
| Basement Area | 973 sqft |
| Family Room | Family Room |
| Flooring | Carpet |
| Interior Walls | Wallboard/Drywall |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1972 |
|---|---|
| Effective Year Built | Effective 2005 |
| Architectural Style | Split Level |
| Exterior Material | Wood |
| Construction Type | Frame |
| Roof Type | Gable |
| Roof Material | Asphalt |
| Lot Area | 36,155 sqft (0.83 acres) |
| Lot Depth | 325 ft Depth |
| View / Lot | Lake |
| Garage Type | Attached |
| Garage Area | 480 sqft |
| Deck Area | 432 sqft |
| Patio Area | 436 sqft |
| Cooling System | HVAC |
|---|---|
| Heating System | Forced Air with A/C |
| Heating Fuel | Electric |
| Street Address | 3541 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 006 BLOCK 024 T STARINGS TONKA WOOD-CROFT THAT PART OF LOTS 5 6 AND 7 BLK 24 STARINGS TONKA WOOD - CROFT AND OF LOT 1 BLK 2 W A ACKERMANS GROVELAND MANOR LYING NLY OF A LINE T E81X325X150X340 |
| Legal Range | 22 |
| Legal Township | 117 |
| Legal Section | 17 |
| Legal Quarter | 31 |
| Legal Subdivision | STARINGS TONKA WOOD-CROFT |
| Legal Block | 24 |
| Legal Lot Number | 6 |
| Jurisdiction | HENNEPIN MN |
| Township / Civil Division | MINNETONKA |
| Census Block Group | 1 |
| Census Block | 1009 |
| Census Tract | 26302 |
3541 Rainbow Dr is owned and occupied by two individuals who bought it in June 2017.
Source: Hennepin County records, as of June 23, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 3541 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| May 22, 2020 | Deed of Trust, Mortgage · Line of Credit US BK |
| Mar 26, 2020 | Deed of Trust, Mortgage · Conventional Mortgage US BK |
| Feb 21, 2019 | Deed of Trust, Mortgage · Line of Credit TRUSTONE FIN'L FCU |
| Apr 2, 2018 | Loan Modification, Mortgage · Line of Credit BRIDGEWATER BK |
| Jun 20, 2017 | Grant Deed, Transfer · Conventional Mortgage PERL MTG |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Jun 20, 2017 · Amount on File |
| Deed Sale | Jun 20, 2017 · Amount on File |
| Prior Sale | Mar 20, 2001 · Amount on File |
| Deed Document Number | 20175452562 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 3541 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Document Number | 0005715701 |
| Instrument Date | May 22, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Jun 22, 2020 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Married Couple |
| Address | 3541 RAINBOW DR MINNETONKA MN 553451034, MINNETONKA, MN 55345-1034 |
| Document Number | 0005715701 |
|---|---|
| Date | Jun 10, 2020 |
| Instrument | 5715701 |
| Name | US BK |
|---|---|
| Type | Bank |
| Address | CINCINNATI, OH 45202 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Jun 9, 2050 |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 3541 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Document Number | 0005701744 |
| Instrument Date | Mar 26, 2020 |
| Transaction Type | Mortgage |
| Record Updated | May 6, 2020 |
| Title Company | ALL AMERICAN TITLE |
| Name | Verified Name |
|---|---|
| Relationship | Married Couple |
| Address | 3541 RAINBOW DR MINNETONKA MN 553451034, MINNETONKA, MN 55345-1034 |
| Document Number | 0005701744 |
|---|---|
| Date | Apr 21, 2020 |
| Instrument | 5701744 |
| Name | US BK |
|---|---|
| Type | Bank |
| Address | OWENSBORO, KY 42301 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Apr 20, 2050 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 3541 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Document Number | 0005596633 |
| Instrument Date | Feb 21, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Mar 6, 2019 |
| Name | Verified Name |
|---|---|
| Relationship | Married Couple |
| Address | 3541 RAINBOW DR MINNETONKA MN 553451034, MINNETONKA, MN 55345-1034 |
| Document Number | 0005596633 |
|---|---|
| Date | Feb 26, 2019 |
| Instrument | 5596633 |
| Name | TRUSTONE FIN'L FCU |
|---|---|
| Type | Credit Union |
| Address | PLYMOUTH, MN 55447 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 120 Months |
| Due | Feb 25, 2029 |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Apr 2, 2018 |
| Property Address | 3541 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Instrument Date | Mar 16, 2018 |
| Instrument | 5521364 |
| Transaction Type | Mortgage |
| Record Updated | Apr 24, 2018 |
| Title Company | CUSTOM HOME BUILDERS TITLE |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1000 BOONE AVE N #400 GOLDEN VALLEY MN 554274473, 400, GOLDEN VALLEY, MN 55427-4473 |
| Investor | Possibly a Property Investor |
| Document Number | 0005521364 |
|---|---|
| Date | Apr 2, 2018 |
| Instrument | 5521364 |
| Name | BRIDGEWATER BK |
|---|---|
| Type | Bank |
| Address | 21500 HIGHWAY 7, GREENWOOD, MN 55331-7206 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Jun 20, 2017 |
| Property Address | 3541 RAINBOW DR, MINNETONKA, MN 55345-1034 |
| Document Number | 0005452562 |
| Instrument Date | Jun 1, 2017 |
| Instrument | 5452562 |
| Transaction Type | Transfer |
| Record Updated | Jul 19, 2017 |
| Title Company | BURNET TITLE LLC |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,632.00 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants with Right of Survivorship |
| Address | 3541 RAINBOW DR MINNETONKA MN 553451034, MINNETONKA, MN 55345-1034 |
| Document Number | 5452563 |
|---|---|
| Date | Jun 20, 2017 |
| Instrument | 5452563 |
| Name | PERL MTG |
|---|---|
| Type | Mortgage Company |
| Address | CHICAGO, IL 60618 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Jun 19, 2047 |
The 2025 property tax bill for 3541 Rainbow Dr was $9,378.
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 | $9,378.00 | $659,700 Land $225,500 Building $434,200 | $659,700 Land $225,500 Building $434,200 |
| 2023 | $8,189.00 Homeowner's exemption | ||
| 2022 | $626,100 Land $225,500 Building $400,600 | $626,100 Land $225,500 Building $400,600 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 3541 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 3541 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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