NOT LISTED FOR SALE

100 Rainbow Dr NE Lancaster, OH 43130

Estimated Value: $692,000 - $819,000

5 Beds
6 Baths
4,412 Sq Ft
$173/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $327,800 $74 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,350/month

33 Days on Market

Highlights

  • In Ground Pool
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of April 2015

This grand custom home on 10 wooded acres needs to be restored to it's former glory. 5BRs, 1st floor owner's suite w/FP, 2 story entry with beautiful staircase, Formal Dining Rm, Living Rm w/FP, Family Rm w/ stone FP, large kitchen and 2 laundry rms. Full basement with walk-out and full bath. Patio with FP. Inground pool. Home is being sold AS-IS. Great opportunity for a builder/contractor or investor.

Last Agent to Sell the Property

Judy Gang

RE/MAX ONE Listed on: 02/06/2015

Last Buyer's Agent

Brian Darfus

Howard HannaRealEstateServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,639

Year Built

  • Built in 1998

Lot Details

  • 10 Acre Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Stucco Exterior

Interior Spaces

  • 4,412 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room
  • Dishwasher
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Whirlpool Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 02-70002-910

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,639

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1998
  • Tax Year: 2014
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • Lot Size Acres: 10.0
  • Co List Office Phone: 614-694-0255
  • MLS Status: Closed
  • Architectural Style: Cape Cod
  • Reso Fireplace Features: Wood Burning, Gas Log
  • Reso Interior Features: Whirlpool/Tub, Dishwasher
  • Unit Levels: One and One Half
  • New Construction: No
  • Basement Basement YN2: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Lot Characteristics Wooded: Yes
  • Rooms Rec RmBsmt: Yes
  • Fireplace Log Woodburning: Yes
  • Interior Flooring CeramicPorcelain: Yes
  • Lot Characteristics Sloped Lot: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Interior Amenities Dishwasher: Yes
  • Exterior Amenities Waste TrSys: Yes
  • Interior Amenities WhirlpoolTub: Yes
  • Exterior:Stucco: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 1st Flr Laundry: Yes
  • Rooms 2nd Flr Laundry: Yes
  • Water Source Well: Yes
  • Levels One and One Half: Yes
  • Architectural Style Cape Cod: Yes
  • Common Walls No Common Walls: Yes
  • Pool Features Inground Pool: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 1
  • Upstairs Bedrooms: 4
  • Downstairs 1 Full Bathrooms: 1
  • Upstairs 1 Full Bathrooms: 2
  • Entry Level Full Bathrooms: 1
  • Entry Level Half Bathrooms: 2
  • Basement: Walk-Out Access, Full
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Living Room: 1
  • Recreation Room (Downstairs 1): 1
  • Utility Space (Entry Level): 1
  • Utility Space (Upstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Ceramic/Porcelain
  • Main Level Bedrooms: 1
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Basement Description:Walkout: Yes
  • Fireplace:Gas Log: Yes

Exterior Features

  • Pool Features: Inground Pool
  • Common Walls: No Common Walls
  • Exterior Features: Waste Tr/Sys
  • Patio And Porch Features: Patio
  • Patio and Porch Features Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached Garage
  • Parking Features Attached Garage: Yes
  • Parking Features 3 Car Garage: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 02-70002-910
  • Lot Size Sq Ft: 435600.0

Tax Info

  • Tax Annual Amount: 6639.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Mar 20, 2015
Sold by
Pennymac Corp
Bought by
Lambert Eric and Lambert Lorce
Seller's Agent
Judy Gang
RE/MAX ONE
Buyer's Agent
Brian Darfus
Howard HannaRealEstateServices
List Price
$349,900
Sold Price
$327,800
Premium/Discount to List
-$22,100
-6.32%
Current Estimated Value
$761,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,921
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Jun 27, 2014
Sold by
Cotner Rodney K
Bought by
Crop Pennymac

Purchase Details

Closed on
Jun 25, 2007
Sold by
Frey Rob Wynn and Frey Rob W
Bought by
Cotner Rodney K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,400
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Buchanan Rod J and Buchanan Ann M
Bought by
Frey Rob Wynn and Frey Rob W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
9.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2005
Sold by
Buchanan Rod J
Bought by
Buchanan Ann M

Purchase Details

Closed on
Dec 31, 1992
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lambert Eric $327,800 Valmer Land Title Agency Box
Crop Pennymac $480,000 Attorney
Cotner Rodney K $680,800 Arlington Title
Frey Rob Wynn $600,000 --
Buchanan Ann M -- --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotner Rodney K $866,400
Previous Owner Frey Rob Wynn $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Off Market $327,800 -- --
04/03/2015 04/03/15 Sold $327,800 -6.3% $74 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $349,900 -- $79 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,262 $167,480 $46,350 $121,130
2023 $6,760 $167,480 $46,350 $121,130
2022 $6,844 $167,480 $46,350 $121,130
2021 $5,577 $132,650 $42,140 $90,510
2020 $5,362 $132,650 $42,140 $90,510
2019 $5,117 $132,650 $42,140 $90,510
2018 $4,641 $113,710 $42,140 $71,570
2017 $4,652 $113,790 $42,140 $71,650
2016 $4,314 $113,790 $42,140 $71,650
2015 $7,183 $180,030 $42,140 $137,890
2014 $6,639 $178,330 $42,140 $136,190
2013 $6,639 $178,330 $42,140 $136,190
Source: Public Records

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215003380

Columbus and Central Ohio Regional MLS

APN: 02-70002-910