3035 Rainbow Ln Richfield, OH 44286
Estimated payment $9,909/month
Highlights
- Parking available for a boat
- Views of Trees
- Open Floorplan
- Richfield Elementary School Rated A-
- 3.47 Acre Lot
- Colonial Architecture
About This Home
Welcome to this exceptional Colonial nestled on a private, wooded 3.47-acre lot in Richfield's Rainbow Acres. A testament to craftsmanship, this 5BD 6BA home offers a blend of classical grandeur & modern refinement. Entering the grand 2-story foyer, one is struck by the sweeping staircase and exquisite flooring. The formal dining rm exudes elegance w/dental crown molding & soaring 12ft ceiling. The 2-story sunken living rm commands attention with its stately gas FP framed by graceful arched windows. At the heart of the home lies the fully reimagined, state-of-the-art kitchen featuring granite countertops, custom cabinetry, glass backsplash & breakfast bar. Premium SS appliances include a Wolf gas range w/griddle, separate convection oven, Asko dishwasher, oversized SubZero refrigerator, beverage cooler & microwave. Thoughtful additions such as a reverse osmosis water system, under-and-above cabinet lighting, walk-in pantry, and a sunny breakfast nook elevate this culinary space. The adjoining Great room has floor-to-ceiling brick & stone gas fireplace, cove lighting, wall of glass & French doors to a sweeping deck. The magnificent FF owner's suite is a private retreat, w/tranquil sitting room & access to the balcony deck, and walk-in closet w/LED-lit custom shelving. The marble-clad ensuite bath exudes luxury. A FF study w/tray ceiling and abundant natural light provides an ideal setting for quiet work. A guest bath and a laundry/mudroom with service entrance complete the main level. The upper level boasts three generously sized en-suite bedrooms & bonus room with adjoining living space. The finished walk-out lower level features a fireside family room, full kitchen, exercise room, game and recreation areas & guest suite with fireplace. Outdoors is an impressive 40x40 outbuilding, new decking, a fully equipped outdoor kitchen w/Heston grill, hot tub, fire pit, and a waterfall feature. This remarkable home offers privacy, prestige and peaceful wooded views.
Listing Agent
Berkshire Hathaway HomeServices Stouffer Realty Brokerage Email: zoricab@stoufferrealty.com, 330-990-4393 License #2022007115 Listed on: 07/24/2025
Co-Listing Agent
Berkshire Hathaway HomeServices Stouffer Realty Brokerage Email: zoricab@stoufferrealty.com, 330-990-4393 License #2017005935
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,781
Year Built
- Built in 1999
Lot Details
- 3.47 Acre Lot
- Street terminates at a dead end
- Landscaped
- Private Lot
- Gentle Sloping Lot
- Wooded Lot
- Many Trees
- Back and Front Yard
HOA Fees
- $58 Monthly HOA Fees
Parking
- 12 Car Garage
- Running Water Available in Garage
- Parking Accessed On Kitchen Level
- Lighted Parking
- Rear-Facing Garage
- Garage Door Opener
- Driveway
- Additional Parking
- Parking available for a boat
- RV Garage
Home Design
- Colonial Architecture
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Fiberglass Roof
- Asphalt Roof
- Block Exterior
- Stone Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Chandelier
- Wood Burning Fireplace
- Fireplace With Glass Doors
- Fireplace Features Blower Fan
- Gas Log Fireplace
- Electric Fireplace
- Blinds
- Wood Frame Window
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Storage
- Views of Trees
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Built-In Convection Oven
- Range
- Microwave
- Dishwasher
- Wolf Appliances
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- 6 Full Bathrooms
- Double Vanity
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Home Security
- Home Security System
- Smart Home
- Smart Thermostat
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Balcony
- Deck
- Patio
Utilities
- Air Filtration System
- Humidifier
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Septic Tank
Community Details
- Association fees include insurance
- Rainbow Acres HOA
- Rainbow Acres Ph I Subdivision
Listing and Financial Details
- Assessor Parcel Number 5002212
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $12,187 | $280,655 | $53,022 | $227,633 |
| 2024 | $12,187 | $280,655 | $53,022 | $227,633 |
| 2023 | $12,187 | $280,655 | $53,022 | $227,633 |
| 2022 | $13,387 | $265,777 | $50,985 | $214,792 |
| 2021 | $12,358 | $252,620 | $50,985 | $201,635 |
| 2020 | $12,104 | $252,630 | $50,990 | $201,640 |
| 2019 | $11,783 | $231,460 | $40,430 | $191,030 |
| 2018 | $11,646 | $231,460 | $40,430 | $191,030 |
| 2017 | $11,464 | $231,460 | $40,430 | $191,030 |
| 2016 | $12,003 | $224,000 | $40,430 | $183,570 |
| 2015 | $11,464 | $224,000 | $40,430 | $183,570 |
| 2014 | $11,676 | $224,000 | $40,430 | $183,570 |
| 2013 | $27,974 | $562,550 | $40,430 | $522,120 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Price Changed | $1,649,000 | -2.1% | $194 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $1,685,000 | +8.7% | $199 / Sq Ft |
| 04/30/2024 04/30/24 | Sold | $1,550,000 | 0.0% | $183 / Sq Ft |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- |
| 03/11/2024 03/11/24 | For Sale | $1,550,000 | 0.0% | $183 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $1,550,000 | +103.9% | $183 / Sq Ft |
| 06/22/2018 06/22/18 | Sold | $760,000 | -10.5% | $98 / Sq Ft |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 04/23/2018 04/23/18 | Price Changed | $849,000 | -2.4% | $109 / Sq Ft |
| 03/09/2018 03/09/18 | Price Changed | $870,000 | -2.2% | $112 / Sq Ft |
| 02/17/2018 02/17/18 | Price Changed | $890,000 | 0.0% | $115 / Sq Ft |
| 02/17/2018 02/17/18 | For Sale | $890,000 | +17.1% | $115 / Sq Ft |
| 01/02/2018 01/02/18 | Off Market | $760,000 | -- | -- |
| 07/06/2017 07/06/17 | Price Changed | $940,000 | -5.1% | $121 / Sq Ft |
| 06/10/2017 06/10/17 | For Sale | $990,000 | +71.0% | $127 / Sq Ft |
| 01/21/2014 01/21/14 | Sold | $579,000 | -13.9% | $55 / Sq Ft |
| 12/04/2013 12/04/13 | Pending | -- | -- | -- |
| 08/08/2013 08/08/13 | For Sale | $672,210 | -- | $64 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,550,000 | Kingdom Title | |
| Quit Claim Deed | -- | Diaz Anselmo & Associates Pa | |
| Warranty Deed | $760,000 | Village Title Agency Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $579,000 | Env Title Worlds | |
| Sheriffs Deed | $1,140,000 | None Available | |
| Warranty Deed | $1,799,900 | Express Title Agency Ltd | |
| Deed | $200,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | New Conventional | |
| Previous Owner | $675,800 | New Conventional | |
| Previous Owner | $120,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $608,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $460,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: MLS Now
MLS Number: 5142825
APN: 50-02212
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