3632 Rainbow Dr, Minnetonka, MN 55345 Property Records

Hennepin County property record for 3632 Rainbow Dr, Minnetonka, MN 55345

Property Summary

Property TypeSingle Family Home
Details4 bd · 7.75 ba · 3,372 sqft · built 2010
Lot Size0.59 acres (25,700 sqft)
Owner2 Individual Names on File
Last Sale$1,650,000 (Sep 2021)
Tax Bill$20,359 (2025)
Deeds & MortgagesSep 2021 Sale & Mortgage
Sep 2020 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN17-117-22-32-0070

Property Details

APN / Parcel Number

Primary APN17-117-22-32-0070

Interior

Bedrooms4 Beds
Full Baths7.75 Baths
Half Baths1 Half Bath
Total Rooms10 Rooms
Stories2 Stories
Building Area3,372 sqft Living Area
Gross Area3,854 sqft
1st Floor Area3,372 sqft
Basement Area482 sqft
FlooringCarpet
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2010
Effective Year BuiltEffective 2015
Exterior MaterialAluminum/Vinyl
Construction TypeWood
Roof TypeHip
Roof MaterialOther
Lot Area25,700 sqft (0.59 acres)
Garage TypeBasement
Garage Area582 sqft

Exterior Amenities

PorchOpen Porch
Porch Area187 sqft
Deck Area816 sqft
Patio Area408 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Street Address3632 RAINBOW DR
CityMINNETONKA
StateMN
Zip55345-1035
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1
Legal DescriptionLOT 003 BLOCK 001 T RAINBOW ADDN IRREGULAR
Legal Range22
Legal Township117
Legal Section17
Legal Quarter32
Legal SubdivisionRAINBOW ADDN
Legal Block1
Legal Lot Number3
JurisdictionHENNEPIN MN
Township / Civil DivisionMINNETONKA
Census Block Group1
Census Block1010
Census Tract26302

Owner

3632 Rainbow Dr is owned and occupied by two individuals who bought it in September 2021.

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

Owner of Record2 Individual Names on File
Mailing Address3632 RAINBOW DR, MINNETONKA, MN 55345-1035
OccupancyOwner Occupied
Owner TypeIndividual

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

DateDocument
Sep 20, 2021Warranty Deed, Transfer · Conventional Mortgage
FAIRWAY INDEPENDENT MORTGAGE CORP
Sep 28, 2020Deed of Trust, Mortgage · Conventional Mortgage
NEW AMERICAN FNDG
Sep 1, 2020Loan Modification, Mortgage · Line of Credit
WELLS FARGO BK
Jun 20, 2020Deed of Trust, Mortgage · Line of Credit
WELLS FARGO BK

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 20, 2021 · Amount on File
Deed SaleSep 20, 2021 · Amount on File
Prior SaleMay 5, 2010 · Amount on File
Deed Document Number20215878683
Record UpdatedOct 29, 2026

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionHENNEPIN MN
Recording DateSep 20, 2021
Property Address3632 RAINBOW DR, MINNETONKA, MN 55345-1035
Document Number0T05878683
Instrument DateAug 31, 2021
InstrumentT05878683
Transaction TypeTransfer
Record UpdatedAug 15, 2022
Title CompanyBURNETT TITLE, BURNET TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$5,445.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address3632 RAINBOW DR, MINNETONKA, MN 55345-1035

Mortgage

Document Number0T05878684
DateSep 20, 2021
InstrumentT05878684
Lender
NameFAIRWAY INDEPENDENT MORTGAGE CORP
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueOct 1, 2051

September 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address3632 RAINBOW DR, MINNETONKA, MN 55345-1035
Document Number0005766155
Instrument DateSep 28, 2020
Transaction TypeMortgage
Record UpdatedDec 3, 2020
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN MTG SOLUTIONS

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address3632 RAINBOW DR MINNETONKA MN 553451035, MINNETONKA, MN 55345-1035

Mortgage

Document Number0005766155
DateNov 4, 2020
Instrument5766155
Lender
NameNEW AMERICAN FNDG
TypeFunding / Finance Company
AddressTUSTIN, CA 92780
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueNov 3, 2050

September 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionHENNEPIN MN
Property Address3632 RAINBOW DR, MINNETONKA, MN 55345-1035
Document Number0005766157
Instrument DateSep 1, 2020
Transaction TypeMortgage
Record UpdatedDec 3, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address3632 RAINBOW DR MINNETONKA MN 553451035, MINNETONKA, MN 55345-1035

Mortgage

Document Number0005766157
DateNov 4, 2020
Instrument5766157
Lender
NameWELLS FARGO BK
TypeBank
AddressBILLINGS, MT 59107-9900
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

June 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address3632 RAINBOW DR, MINNETONKA, MN 55345-1035
Document Number0005722857
Instrument DateJun 20, 2020
Transaction TypeMortgage
Record UpdatedDec 3, 2020
Title CompanyTITLE365 - OMAHA

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address3632 RAINBOW DR MINNETONKA MN 553451035, MINNETONKA, MN 55345-1035

Mortgage

Document Number0005722857
DateJul 2, 2020
Instrument5722857
Lender
NameWELLS FARGO BK
TypeBank
AddressSIOUX FALLS, SD 57104
Agreement
TypeLine of Credit
AmountAmount on Record
Term360 Months
DueJul 1, 2050
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 3632 Rainbow Dr was $20,359, up 8.4% from the year before.

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

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityMinnetonka City
Unified School DistrictMinnetonka Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$20,359.00 (+8.43%)$1,335,400 (+5%) Land $213,400 Building $1,122,000$1,335,400 (+5%) Land $213,400 Building $1,122,000
2024$18,777.00 (+9.99%)$1,271,800 Land $213,400 Building $1,058,400$1,271,800 Land $213,400 Building $1,058,400
2023$17,071.00
2022$1,219,100 Land $213,400 Building $1,005,700$1,219,100 Land $213,400 Building $1,005,700

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

Flood

FEMA maps place 3632 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 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 3632 Rainbow Dr is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 97% of the US · lower than 89% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 SystemMinnetonka
serves 54,474 people · EPA ID MN1270031
Water SourceGroundwater
Last State InspectionFeb 2025
LeadUnder 1 ppb (2023)
action level 15 ppb
Copper1.4 mg/L (2017–2019)
action level 1.3 mg/L

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 336 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
1,200 / 35
Mediacom Xtream
Cable
1,000 / 50
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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