NOT LISTED FOR SALE

2018 Rainbow Dr NE Lancaster, OH 43130

Estimated Value: $268,987 - $303,000

3 Beds
1 Bath
1,460 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $124,000 $85 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,951/month

18 Days on Market

Highlights

  • 1.17 Acre Lot
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Ranch Style House
  • No HOA

About This Home

As of October 2016

AUCTION Saturday August 20, 2016 at 12:00PM. Spacious 3BD/1.5BA ranch sitting on a double corner lot with 1.17 acres. Home features large rooms, full (partially finished) walkout basement, multiple fireplaces/woodburners, wood floors, a two car attached garage, and an additional heated pole building. Recent updates include newer roof, windows, exterior doors, and garage doors. Its not everyday a home on this size lot within the city limits comes on the market. You will surely not want to miss your oppurtunity at this auction. Sells with Reserve (Under $100,000!). Seller will not look at offers prior to auction. Disregard List Price, Reserve set Lower.

Last Agent to Sell the Property

Jonathon LeMay

Howard HannaRealEstateServices Listed on: 08/06/2016

Last Buyer's Agent

Jonathon LeMay

Howard HannaRealEstateServices Listed on: 08/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1962

Lot Details

  • 1.17 Acre Lot
  • Sloped Lot
  • Additional Parcels

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • Wood Burning Stove
  • Decorative Fireplace
  • Insulated Windows
  • Family Room
  • Electric Range
  • Laundry on lower level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Outbuilding

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-34164-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,521

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1962
  • Tax Year: 2015
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 1.17
  • Co List Office Phone: 740-687-1516
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Reso Fireplace Features: Wood Burning Stove, Decorative
  • Reso Interior Features: Electric Range, 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
  • Foundation:Block: Yes
  • Lot Characteristics Sloped Lot: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Windows Insulated All: Yes
  • Auction Info Deposit Required: 1500.0
  • Interior Amenities Electric Range: Yes
  • Exterior:Aluminum Siding: Yes
  • Exterior:Wood Siding: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Water Source Well: Yes
  • Common Walls No Common Walls: Yes
  • Other Structures Additional Building: Yes
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 1
  • Basement: Walk-Out Access, Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Downstairs 1 Family Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Main Level Bedrooms: 3
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Basement Description:Walkout: Yes
  • Fireplace:Decorative: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Heated Garage, Attached Garage, Detached Garage
  • Parking Features Attached Garage: Yes
  • Parking Features Detached Garage: Yes
  • Parking Features 4 Car Garage: Yes
  • Parking Features Heated: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-34164-200
  • Lot Size Sq Ft: 50965.2
  • Additional Parcels Description: 0534163500
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 1521.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2016
Closed on
Oct 5, 2016
Bought by
Adkins Donald
Seller's Agent
Jonathon LeMay
Howard HannaRealEstateServices
Buyer's Agent
Jonathon LeMay
Howard HannaRealEstateServices
List Price
$1
Sold Price
$124,000
Premium/Discount to List
$123,999
12399900%
Current Estimated Value
$291,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,247
Avg. Annual Appreciation
9.37%
Original Mortgage
$160,000
Outstanding Balance
$130,503
Interest Rate
3.42%
Estimated Equity
$146,949

Purchase Details

Listed on
Aug 6, 2016
Closed on
Oct 4, 2016
Sold by
Upp Lois A
Bought by
Donald R Adkins and Martha M Surv
Seller's Agent
Jonathon LeMay
Howard HannaRealEstateServices
Buyer's Agent
Jonathon LeMay
Howard HannaRealEstateServices
List Price
$1
Sold Price
$124,000
Premium/Discount to List
$123,999
12399900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$130,503
Interest Rate
3.42%
Estimated Equity
$146,949
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
Adkins Donald -- --
Donald R Adkins $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donald R Adkins $160,000
Closed Donald R Adkins --
Closed Donald R Adkins --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Off Market $124,000 -- --
10/04/2016 10/04/16 Sold $124,000 +12399900.0% $85 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $1 -- $0 / 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 $4,884 $54,330 $11,400 $42,930
2023 $1,645 $54,330 $11,400 $42,930
2022 $1,667 $54,330 $11,400 $42,930
2021 $1,710 $52,560 $11,890 $40,670
2020 $1,639 $52,560 $11,890 $40,670
2019 $1,558 $52,560 $11,890 $40,670
2018 $1,493 $40,750 $11,890 $28,860
2017 $1,657 $44,250 $10,850 $33,400
2016 $1,295 $44,250 $10,850 $33,400
2015 $1,281 $42,840 $10,850 $31,990
2014 $1,221 $42,840 $10,850 $31,990
2013 $1,221 $42,840 $10,850 $31,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216029138

Columbus and Central Ohio Regional MLS

APN: 05-34164-200