NOT LISTED FOR SALE

1424 Rainbow Dr NW Lancaster, OH 43130

Estimated Value: $254,000 - $307,462

3 Beds
1.5 Baths
1,248 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $94,000 $75 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,074/month

24 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Attached Garage
  • Ranch Style House
  • Fenced Yard

About This Home

As of August 2012

Welcome to Rainbow Dr! This ranch style home just might have everything you're looking for! With 3 bedrooms, fenced yard, above ground pool and hardwood floors what more could you ask for? Come check it out today! This is a Fannie Mae HomePath property and is eligible for HomePath Renovation Mortgage. Purchase this property for as little as 3% down! The offer process has changed, see A2A for details!

Last Agent to Sell the Property

Kimberlee McClellan

Majestic Realty Listed on: 06/22/2012

Last Buyer's Agent

Jill Henwood

Gorsuch Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1966

Lot Details

  • 0.45 Acre Lot
  • Fenced Yard

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,248 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Pool

  • Above Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 0270106100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,584

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Residential
  • Year Built: 1966
  • Tax Year: 2010
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Fenced
  • Lot Size Acres: 0.45
  • Co List Office Phone: 614-627-1095
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Basement Basement YN2: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Fencing Fenced Yard: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Pool Features Above Ground Pool: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 1
  • Entry Level Half Bathrooms: 1
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • Main Level Bedrooms: 3
  • Basement Description:Full: Yes

Exterior Features

  • Pool Features: Above Ground Pool
  • Common Walls: No Common Walls

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Attached Garage
  • Parking Features 2 Car Garage: Yes
  • Parking Features Attached Garage: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 0270106100
  • Lot Size Sq Ft: 19602.0

Tax Info

  • Tax Annual Amount: 1583.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2012
Closed on
Jul 23, 2012
Sold by
Fannie Mae
Bought by
Smith Gerald W and Smith Debra A
Seller's Agent
Kimberlee McClellan
Majestic Realty
Buyer's Agent
Jill Henwood
Gorsuch Realty Company
List Price
$95,900
Sold Price
$94,000
Premium/Discount to List
-$1,900
-1.98%
Current Estimated Value
$291,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,396
Avg. Annual Appreciation
8.92%
Original Mortgage
$92,297
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2012
Sold by
Ensign Christopher W and Case #2011 Cv 00845
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 1999
Sold by
Price George L
Bought by
Ensign Christopher W and Ensign Terry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1999
Sold by
Loch Edward D
Bought by
Price George L and Price Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Gerald W $94,000 None Available
Federal National Mortgage Association $82,000 None Available
Ensign Christopher W $120,900 --
Price George L $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Gerald W $92,297
Previous Owner Ensign Christopher W $104,000
Previous Owner Price George L $103,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Off Market $94,000 -- --
08/24/2012 08/24/12 Sold $94,000 -2.0% $75 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $95,900 -- $77 / 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 $6,494 $66,880 $12,400 $54,480
2023 $2,689 $66,880 $12,400 $54,480
2022 $2,722 $66,880 $12,400 $54,480
2021 $2,279 $54,460 $12,400 $42,060
2020 $2,191 $54,460 $12,400 $42,060
2019 $2,090 $54,460 $12,400 $42,060
2018 $1,732 $42,630 $12,400 $30,230
2017 $1,732 $42,630 $12,400 $30,230
2016 $1,606 $42,630 $12,400 $30,230
2015 $1,603 $41,260 $12,400 $28,860
2014 $1,529 $41,260 $12,400 $28,860
2013 $1,529 $41,260 $12,400 $28,860
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kimberlee McClellan

    Majestic Realty

  • J

    Buyer's Agent in 2012

    Jill Henwood

    Gorsuch Realty Company

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212021409

Columbus and Central Ohio Regional MLS

APN: 02-70106-100

Ohio Fairfield County Lancaster 43130

1424 Rainbow Dr NW, Lancaster, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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