Back 54794 Rainbow Road
Off Market

54794 Rainbow Road

Deer River MN 56636

2
1
984 sq. ft.
113691.6 sq. ft.
Single-Family
Last sold for $245,000
Mark WesselsMark Wessels, last sold this property on 18 July 2025 after 31 days on market.

Overview

This was a 3 bedroom, smallest was converted to a utility room. I have it listed as a utility. Could be changed to a bedroom. Garage dimensions are for the boat house. Septic was compliant in 2020. New inspection has been ordered. House uses a drilled well. Sand point well in shed near propane tank.

Features

2 bedrooms
1 bathroom
984 sq. ft. floor area
113691.6 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Deer River over the last 12 months, the estimated median property value of 54794 Rainbow Road is $245k.

Median value
$245k
Estimated value range
$38k - $500k
Median days on market
40
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Deer River. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 54794 Rainbow Road

2025
Sold
$245,000
18 Jul 2025 by Mark Wessels, of REMAX Results | Crosslake
2021
Sold
$250,000
30 Dec 2021 by Matthew Pelphrey, of Edina Realty, Inc.
2020
Sold
$210,000
25 Sep 2020 by Kathleen Cantazaro, of REMAX Advantage Plus | Orono

Happy sellers in Deer River

88%
88% of sellers in Deer River reported that their sale price either exceeded or met their price expectations.

Deer River stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Deer River over the last 12 months.

Local market activity for 2 bedroom single-family properties in Deer River

In the last 12 months, 16 two-bedroom single-family properties similar to 54794 Rainbow Road, have been sold.

This represents a 13% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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