NOT LISTED FOR SALE

855 Rainbow Dr NW Lancaster, OH 43130

Estimated Value: $499,000 - $619,075

4 Beds
3.5 Baths
3,084 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $675,000 $219 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,165/month

53 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • Loft
  • 2 Car Attached Garage

About This Home

As of September 2022

Secluded ,Custom Built one owner, two story home situated on approximately 6 acres, Gorgeous views and partially wooded , a simply stunning setting. Fantastic location close to town or great for commuters. This home boasts of over 3000 sq. ft. of finished living space. High ceilings, loft overlooking the family room and fireplace, large bedrooms and closets., First floor master suite with walk-in closet. Finished walk-out lower level with full bath. Beautiful woodwork throughout. Spacious Kitchen with abundant cabinetry and eating space in addition to the dining room Enjoy this amazing setting from the screened sunroom , patio or large front porch. Two car rear-load garage and additional building for storage or workshop. ADDITIONAL ACREAGE AND POLE BARN AVAILABLE IN ITS ENTIRETY OR SPLIT.

Last Agent to Sell the Property

Eric Russell

RE/MAX ONE License #2010002514 Listed on: 07/29/2022

RE/MAX ONE

Last Buyer's Agent

Michelle Kovach

Corcoran Global Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,591

Year Built

  • Built in 1998

Lot Details

  • 5.63 Acre Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,084 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Log Fireplace
  • Insulated Windows
  • Loft
  • Laundry on main level
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-40117-600

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,591

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1998
  • Tax Year: 2021
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Split Option Avail, Wooded
  • Lot Size Acres: 5.63
  • Co List Office Phone: 614-729-7555
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Reso Fireplace Features: Gas Log
  • Reso Interior Features: Central Vacuum, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Unit Levels: Two
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Amenities Gas Water Heater: Yes
  • Interior Amenities Microwave: Yes
  • Water Source Private Water Source: Yes
  • Sewer Private Sewer: Yes
  • Lot Characteristics Wooded: Yes
  • Foundation:Block: Yes
  • Interior Flooring Vinyl: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Range: Yes
  • Exterior Brick: Yes
  • Interior Amenities Central Vac: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 1st Flr Laundry: Yes
  • Levels Two2: Yes
  • Common Walls No Common Walls: Yes
  • Other Structures Additional Building: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 1
  • Upstairs Bedrooms: 3
  • Downstairs 1 Full Bathrooms: 1
  • Upstairs 1 Full Bathrooms: 1
  • Entry Level Full Bathrooms: 1
  • Entry Level Half Bathrooms: 1
  • Entry Level Eating Space: 1
  • Downstairs 1 Family Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Vinyl
  • Main Level Bedrooms: 1
  • Fireplace:Gas Log: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Other Structures: Outbuilding

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: Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 01-40117-600
  • Lot Size Sq Ft: 245242.8

Tax Info

  • Tax Annual Amount: 4591.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 27, 2022
Sold by
Marr Larry R and Marr Kay S
Bought by
Harvey Shawn C and Harvey Julie A
Seller's Agent
Eric Russell
RE/MAX ONE
Buyer's Agent
Michelle Kovach
Corcoran Global Living
List Price
$550,000
Sold Price
$675,000
Premium/Discount to List
$125,000
22.73%
Views
38
Current Estimated Value
$565,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,231
Avg. Annual Appreciation
-5.52%
Original Mortgage
$603,000
Outstanding Balance
$576,358
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$10,589

Purchase Details

Closed on
Oct 6, 1992
Sold by
Mitchell Tamara Marie
Bought by
Marr Larry R

Purchase Details

Closed on
Feb 1, 1989
Source: Public Records

Range of Values:

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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
Harvey Shawn C $675,000 Valmer Land Title
Marr Larry R $30,000 --
-- $53,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey Shawn C $603,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $675,000 +22.7% $219 / Sq Ft
07/29/2022 07/29/22 For Sale $550,000 -- $178 / 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 $14,268 $143,250 $43,820 $99,430
2023 $5,867 $143,250 $43,820 $99,430
2022 $6,046 $143,250 $43,820 $99,430
2021 $4,591 $108,470 $33,710 $74,760
2020 $4,422 $108,470 $33,710 $74,760
2019 $4,227 $108,470 $33,710 $74,760
2018 $3,601 $95,040 $32,360 $62,680
2017 $3,602 $87,020 $20,220 $66,800
2016 $3,471 $87,020 $20,220 $66,800
2015 $3,473 $84,060 $20,220 $63,840
2014 $3,323 $84,060 $20,220 $63,840
2013 $3,323 $84,060 $20,220 $63,840
Source: Public Records

Agents Affiliated with this Home

  • Eric Russell

    Seller's Agent in 2022

    Eric Russell

    RE/MAX

    (740) 953-1134

    137 Total Sales

    Eric Russell
    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Kovach

    Corcoran Global Living

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222027724

Columbus and Central Ohio Regional MLS

APN: 01-40117-600

Ohio Fairfield County Lancaster 43130

855 Rainbow Dr NW, Lancaster, OH

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