NOT LISTED FOR SALE

1170 Rainbow Dr NE Lancaster, OH 43130

Estimated Value: $347,791 - $389,000

3 Beds
2.5 Baths
2,142 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $200,000 $93 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,662/month

22 Days on Market

Highlights

  • Deck
  • Stream or River on Lot
  • No HOA
  • Wood Burning Stove
  • Ranch Style House
  • Fireplace

About This Home

As of March 2018

BACK ON THE MARKET - BUYER Financing fell through!! SERIOUS BUYERS ONLY!
Come see this beautiful 3 bedroom 2 1/2 bath Ranch, finished walkout basement with large back yard. Large deck and patio underneath. Home has many updates - fresh paint, carpet, painted cabinets, updated 1/2 bath, poured patio slab, new shutters, front porch. Finished garage with new openers. Windows, roof, HVAC updated approx 7 yrs ago.
TOTAL OVERALL SQ FT 2142

Last Agent to Sell the Property

Trudy Tiu

e-Merge Real Estate Listed on: 02/16/2018

Last Buyer's Agent

Judy Harrington

Howard Hanna Real Estate Svcs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1966

Lot Details

  • 0.49 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,142 Sq Ft Home
  • Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Basement
  • Recreation or Family Area in Basement
  • Laundry on lower level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-70105-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,871

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1966
  • Tax Year: 2017
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Stream On Lot
  • Lot Size Acres: 0.49
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Subdivision Name: Earl Peters
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Realist
  • Reso Fireplace Features: Wood Burning Stove
  • Reso Interior Features: Dishwasher, Gas Range, Microwave, Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Rooms LL Laundry: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Flooring Laminate-Artificial: Yes
  • Interior Amenities Gas Range: Yes
  • Interior Amenities Microwave: Yes
  • Lot Characteristics Stream On Lot: Yes
  • Rooms Rec RmBsmt: Yes
  • Foundation:Block: Yes
  • Interior Flooring CeramicPorcelain: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Exterior Brick: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Water Source Well: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Downstairs 1 Full Bathrooms: 1
  • Entry Level Full Bathrooms: 1
  • Entry Level Half Bathrooms: 1
  • Basement: Walk-Out Access, Full
  • Entry Level Eating Space: 1
  • Downstairs 1 Family Room: 1
  • Entry Level Living Room: 1
  • Recreation Room (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Carpet, Ceramic/Porcelain
  • Main Level Bedrooms: 3
  • Basement Description:Full: Yes
  • Basement Description:Walkout: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Deck
  • Patio and Porch Features Patio: Yes
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached Garage
  • Parking Features 2 Car Garage: Yes
  • Parking Features Attached Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 02-70105-000
  • Lot Size Sq Ft: 21344.4

Tax Info

  • Tax Annual Amount: 1871.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 30, 2018
Sold by
Campbell Timothy L and Campbell Rebecca K
Bought by
Wells Robert Wescott and Wells Michelle Ann
Seller's Agent
Trudy Tiu
e-Merge Real Estate
Buyer's Agent
Judy Harrington
Howard Hanna Real Estate Svcs
List Price
$192,900
Sold Price
$200,000
Premium/Discount to List
$7,100
3.68%
Current Estimated Value
$363,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,698
Avg. Annual Appreciation
8.30%
Original Mortgage
$204,300
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jun 8, 2017
Sold by
Hill Alice D and Willey Alice D
Bought by
Campbell Timothy L and Campbell Rebecca K
Seller's Agent
Rayna Morgan
e-Merge Real Estate
Buyer's Agent
Trudy Tiu
e-Merge Real Estate
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.22%

Purchase Details

Closed on
Jan 27, 2011
Sold by
Willey Darrel A
Bought by
Willey Alice D

Purchase Details

Closed on
Sep 30, 2005
Sold by
Hill Leslie V and Hill Brenda S
Bought by
Willey Darrel A and Willey Alice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Willey Alice D and Willey Darrel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Gordon Leroy and Hovatter Linda K
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 18, 2003
Sold by
Hovatter Linda K
Bought by
Gordon Leroy

Purchase Details

Closed on
Jun 1, 1988
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
Wells Robert Wescott $200,000 Valmer Land Title Agency
Campbell Timothy L $170,000 None Available
Willey Alice D -- Attorney
Willey Darrel A -- Hocking Valley Title Agency
Willey Alice D $122,000 --
Federal Home Loan Mortgage Corporation $86,000 --
Gordon Leroy -- --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Robert Wescott $203,213
Closed Wells Robert Wescott $204,300
Previous Owner Willey Alice D $146,500
Previous Owner Willey Darrel A $140,250
Previous Owner Willey Darrel A $32,100
Previous Owner Willey Darrel A $53,500
Previous Owner Willey Darrel A $20,000
Previous Owner Willey Alice D $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Off Market $200,000 -- --
03/27/2025 03/27/25 Off Market $170,000 -- --
03/27/2025 03/27/25 Off Market $200,000 -- --
03/30/2018 03/30/18 Sold $200,000 +3.7% $93 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
01/28/2018 01/28/18 For Sale $192,900 +13.5% $90 / Sq Ft
06/08/2017 06/08/17 Sold $170,000 0.0% $120 / Sq Ft
06/08/2017 06/08/17 For Sale $170,000 -- $120 / 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 $8,173 $84,170 $13,360 $70,810
2023 $3,384 $84,170 $13,360 $70,810
2022 $3,426 $84,170 $13,360 $70,810
2021 $2,847 $68,030 $13,360 $54,670
2020 $2,736 $68,030 $13,360 $54,670
2019 $2,611 $68,030 $13,360 $54,670
2018 $1,944 $46,050 $13,360 $32,690
2017 $1,871 $46,050 $13,360 $32,690
2016 $2,202 $46,050 $13,360 $32,690
2015 $1,733 $44,610 $13,360 $31,250
2014 $1,653 $44,610 $13,360 $31,250
2013 $1,653 $44,610 $13,360 $31,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218002119

Columbus and Central Ohio Regional MLS

APN: 02-70105-000