NOT LISTED FOR SALE

1550 Rainbow Dr NE Lancaster, OH 43130

Estimated Value: $332,000 - $367,000

3 Beds
2 Baths
1,734 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $154,900 $89 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,447/month

95 Days on Market

Highlights

  • 0.49 Acre Lot
  • Fenced Yard
  • Patio
  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

MOVE RIGHT IN!! Nicely updated throughout - BRAND NEW carpet and wood-laminate - NEW flooring in all bathrooms - FRESHLY PAINTED throughout - NEWER AC 2007 - Master suite w/ private full bath - Convenient 1st floor laundry - ENORMOUS finish-able full basement! Low maintenance, concrete patio overlooks large, fully fenced backyard. Great price, $12,000 below assessment!!

Last Agent to Sell the Property

Suzanne Allen

Howard Hanna RealCom Realty Listed on: 10/11/2014

Last Buyer's Agent

Amedeo Pagani

RE/MAX Connection License #2002009789

RE/MAX Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 1986

Lot Details

  • 0.49 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,734 Sq Ft Home
  • Wood Burning Fireplace
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 05-34007-724

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,085

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1986
  • Tax Year: 2013
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Fenced
  • Lot Size Acres: 0.49
  • Co List Office Phone: 614-864-8200
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Reso Fireplace Features: Wood Burning
  • Reso Interior Features: Dishwasher, Electric Range, Microwave, Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Amenities Microwave: Yes
  • Fireplace Log Woodburning: Yes
  • Foundation:Block: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Range: Yes
  • Exterior Brick: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Fencing Fenced Yard: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 2
  • Basement: Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Main Level Bedrooms: 3
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Home Warranty: Yes
  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Patio and Porch Features Patio: 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
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-34007-724
  • Lot Size Sq Ft: 21344.4

Tax Info

  • Tax Annual Amount: 2085.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Myers Cassie
Bought by
Myers Eric L
Current Estimated Value
$345,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,750
Outstanding Balance
$228,911
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$116,590

Purchase Details

Listed on
Oct 11, 2014
Closed on
Mar 16, 2015
Sold by
Stegman Deborah Ann and Estate Of Adrian C Hughes
Bought by
Myers Cassie
Seller's Agent
Suzanne Allen
Howard Hanna RealCom Realty
Buyer's Agent
Amedeo Pagani
RE/MAX Connection
List Price
$154,900
Sold Price
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$147,150
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1986
Bought by
Hughes Adrian C
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
Myers Eric L -- None Listed On Document
Myers Cassie $154,900 Valmer Land Title Agency Box
Hughes Adrian C $14,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Eric L $230,750
Previous Owner Myers Cassie $147,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Off Market $154,900 -- --
03/16/2015 03/16/15 Sold $154,900 0.0% $89 / Sq Ft
02/14/2015 02/14/15 Pending -- -- --
10/11/2014 10/11/14 For Sale $154,900 -- $89 / 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 $7,453 $82,900 $16,950 $65,950
2023 $3,015 $82,900 $16,950 $65,950
2022 $3,027 $82,900 $16,950 $65,950
2021 $2,588 $66,390 $14,780 $51,610
2020 $2,480 $66,390 $14,780 $51,610
2019 $2,357 $66,390 $14,780 $51,610
2018 $2,281 $60,170 $14,780 $45,390
2017 $2,282 $61,010 $12,380 $48,630
2016 $2,222 $61,010 $12,380 $48,630
2015 $2,207 $58,810 $12,380 $46,430
2014 $2,095 $58,610 $12,380 $46,230
2013 $2,095 $58,610 $12,380 $46,230
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Suzanne Allen

    Howard Hanna RealCom Realty

  • Amedeo Pagani

    Buyer's Agent in 2015

    Amedeo Pagani

    RE/MAX

    (866) 355-2289

    2 in this area

    106 Total Sales

    Amedeo Pagani
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214042904

Columbus and Central Ohio Regional MLS

APN: 05-34007-724

Ohio Fairfield County Lancaster 43130

1550 Rainbow Dr NE, Lancaster, OH

This home is located at 1550 Rainbow Dr NE, Lancaster, OH 43130 since 11 October 2014 and is currently estimated at $345,501, approximately $199 per square foot. This property was built in 1986. 1550 Rainbow Dr NE is a home located in Fairfield County with nearby schools including Medill Elementary School, Thomas Ewing Junior High School, and Lancaster High School.

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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