3603 Rainbow Dr, Minnetonka, MN 55345 Property Records

Hennepin County property record for 3603 Rainbow Dr, Minnetonka, MN 55345

Property Summary

Property Type	Single Family Home
Details	5 bd · 3.5 ba · 1,562 sqft · built 1960
Lot Size	0.83 acres (36,155 sqft)
Owner	2 Individual Names on File
Last Sale	$450,000 (Jun 2012)
Tax Bill	$9,856 (2025)
Deeds & Mortgages	Nov 2020 Mortgage Sep 2019 Sale
Flood Zone	Zone X (minimal risk)
APN	`17-117-22-33-0008`

Property Details

APN / Parcel Number

Primary APN	`17-117-22-33-0008`

Interior

Bedrooms	5 Beds
Full Baths	3.5 Baths
Half Baths	2 Half Baths
Total Rooms	11 Rooms
Stories	1 Story
Building Area	1,562 sqft Living Area
Gross Area	2,812 sqft
1st Floor Area	1,562 sqft
Basement Area	1,250 sqft
Family Room	Family Room
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1960
Effective Year Built	Effective 2005
Architectural Style	Ranch
Exterior Material	Wood
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	36,155 sqft (0.83 acres)
View / Lot	Lake
Garage Type	Attached
Garage Area	627 sqft

Exterior Amenities

Porch	Screened Porch
Porch Area	184 sqft
Deck Area	476 sqft
Patio Area	458 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	Floor/Wall Furnace
Heating Fuel	Electric

Location & Zoning

Street Address	3603 RAINBOW DR
City	MINNETONKA
State	MN
Zip	55345-1036
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-1
Legal Description	LOT 003 BLOCK 004 A W A ACKERMANS GROVELAND MANOR THAT PART LYING SWLY OF A LINE RUNNING FROM A PT IN E LINE OF LOT 3 DIS 210 FT SLY FROM MOST NLY COR THOF TO A PT IN N LINE OF T IRREGULAR
Legal Range	22
Legal Township	117
Legal Section	17
Legal Quarter	33
Legal Subdivision	W A ACKERMANS GROVELAND MANOR
Legal Block	4
Legal Lot Number	3
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNETONKA
Census Block Group	1
Census Block	1009
Census Tract	26302

Owner

3603 Rainbow Dr is owned and occupied by two individuals who acquired it in September 2019.

Source: Hennepin County records, as of June 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	3603 RAINBOW DR, MINNETONKA, MN 55345-1036
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.

Deeds, Mortgages & Sale History

Date	Document
Nov 11, 2020	Deed of Trust, Mortgage · Conventional with PMI WESLEND FIN'L
Sep 25, 2019	Quit Claim Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jun 29, 2012 · Amount on File
Deed Sale	Jun 29, 2012 · Amount on File
Deed Document Number	20124968450
Last Transfer Date	Sep 19, 2019
Transfer Doc	0005650912
Record Updated	Sep 20, 2026

November 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	3603 RAINBOW DR, MINNETONKA, MN 55345-1036
Document Number	0005774200
Instrument Date	Nov 11, 2020
Transaction Type	Mortgage
Record Updated	Dec 30, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	3603 RAINBOW DR MINNETONKA MN 553451036, MINNETONKA, MN 55345-1036

Mortgage

Document Number	0005774200
Date	Nov 30, 2020
Instrument	5774200

Lender

Name	WESLEND FIN'L
Type	Funding / Finance Company
Address	SANTA ANA, CA 92707

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	180 Months
Due	Nov 29, 2035

September 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Sep 25, 2019
Property Address	3603 RAINBOW DR, MINNETONKA, MN 55345-1036
Document Number	0005650912
Instrument Date	Sep 19, 2019
Instrument	5650912
Transaction Type	Transfer
Record Updated	Oct 21, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$1.70
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	3603 RAINBOW DR MINNETONKA MN 553451036, MINNETONKA, MN 55345-1036

Tax Assessment & Valuation

The 2025 property tax bill for 3603 Rainbow Dr was $9,856.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minnetonka City
Unified School District	Minnetonka Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$9,856.00	$689,100 Land $225,500 Building $463,600	$689,100 Land $225,500 Building $463,600
2023	$8,439.00 Homeowner's exemption
2022		$642,800 Land $225,500 Building $417,300	$642,800 Land $225,500 Building $417,300

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 3603 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

Wildfire risk around 3603 Rainbow Dr is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 93% of the US · lower than 78% of Minnesota
Wildfire Likelihood	0.02% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 173 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

May also be available: Mediacom Xtream.

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