NOT LISTED FOR SALE

437 Rainbow Dr NE Lancaster, OH 43130

Estimated Value: $367,000 - $374,000

3 Beds
2.5 Baths
1,788 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2022

Last sale price $250,000 $140 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,685 / mo

3 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Heat Pump System
  • No HOA
  • Central Air

About This Home

As of July 2022

Opportunity awaits with this large cape cod on 1.41 acres! The home is situated on a large lot with the ability to possibly put in a pole barn, pool, or the huge garden of your dreams in the future. The home needs a little TLC and is priced appropriately for those reasons. Updates include new roof 8-10yrs ago, new well pump 10yrs ago, new heat pump 2yrs ago, and the pellet stove is about 5yrs old now. This home could be lovely and everything you hope and dream for with a little elbow grease, some funds, and some work. Check it out for yourself this weekend!

Last Agent to Sell the Property

Betsy Sharp

RE/MAX Revealty License #2010001678 Listed on: 06/24/2022

RE/MAX Revealty

Last Buyer's Agent

Betsy Sharp

Anderson & Co., Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1987

Lot Details

  • 1.41 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,788 Sq Ft Home
  • 1.5-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-70038-460

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,118

Year Built

Built in 1987

Lot Details

1.41 Acres

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1987
  • Tax Year: 2021
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 1.41
  • Co List Office Phone: 614-228-0808
  • MLS Status: Closed
  • Architectural Style: Cape Cod
  • ResoBuildingAreaSource: Realist
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Window Features: Insulated All
  • Location Property Info List PriceSqFt: 125.84
  • Remarks Misc Hot Sheet Comments: new
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Water Source Private Water Source: Yes
  • Sewer Private Sewer: Yes
  • Foundation:Block: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Exterior Amenities Waste TrSys: Yes
  • Water Source Well: Yes
  • Levels One and One Half: Yes
  • Architectural Style Cape Cod: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 1
  • Upstairs Bedrooms: 2
  • Upstairs 1 Full Bathrooms: 1
  • Entry Level Full Bathrooms: 1
  • Entry Level Half Bathrooms: 1
  • Basement: Full
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • General Property Info Baths FH: 2.1
  • Basement Description:Full: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Exterior Features: Waste Tr/Sys
  • Foundation Details: Block

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

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 02-70038-460
  • Lot Size Sq Ft: 61419.6

Tax Info

  • Tax Annual Amount: 3118.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Bought by
Current Estimated Value
$370,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$264,726
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$105,483

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 15, 2022
Sold by
Bought by
Seller's Agent
Betsy Sharp
RE/MAX Revealty
Buyer's Agent
Betsy Sharp
RE/MAX Revealty
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Interest Rate
5.7%

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 6, 2022
Sold by
Bought by
Seller's Agent
Betsy Sharp
RE/MAX Revealty
Buyer's Agent
Betsy Sharp
RE/MAX Revealty
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.7%

Purchase Details

Closed on
Feb 12, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1986
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 Valmer Land Title
-- Miller Mark S
$250,000 --
-- --
$8,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $272,000
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $250,000 +11.1% $140 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $225,000 -- $126 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,365 $115,440 $25,550 $89,890
2024 $8,365 $86,150 $17,910 $68,240
2023 $3,539 $86,150 $17,910 $68,240
2022 $3,898 $93,740 $17,910 $75,830
2021 $3,118 $72,880 $16,290 $56,590
2020 $2,932 $72,880 $16,290 $56,590
2019 $2,799 $72,880 $16,290 $56,590
2018 $2,607 $64,240 $16,290 $47,950
2017 $2,612 $64,240 $16,290 $47,950
2016 $2,421 $64,240 $16,290 $47,950
2015 $2,415 $62,130 $16,290 $45,840
2014 $2,304 $62,130 $16,290 $45,840
2013 $2,304 $62,130 $16,290 $45,840
Source: Public Records

Agents Affiliated with this Home

  • Betsy Sharp

    Seller's Agent in 2022

    Betsy Sharp

    RE/MAX

    (614) 324-8067

    113 Total Sales

    Betsy Sharp
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222022377

Columbus and Central Ohio Regional MLS

APN: 02-70038-460

Ohio Fairfield County Lancaster 43130

437 Rainbow Dr NE, 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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