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  • $240,000

    109 Rainbow St, Spencer, OH 44275

    4beds
    2,440sqft
    Duplex, Multi Family
    Built in 2001
    -- sqft lot
    $326,200 Zestimate®
    $98/sqft
    $1,395 Estimated rent

    Home value

    $326,200

    $303,000 - $349,000

    $1,395/mo

    Zestimate® history
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    $1,626/mo

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    $1,626/mo

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    What's special

    Discover the perfect investment opportunity in Spencer, Ohio. Offering two units, each with 2 bedrooms, 2 full bathrooms, and radiant heat flooring. One unit features a two-car garage, while the other offers a one-car garage, ensuring ample parking and storage space. Nestled on a quiet street, just minutes away from downtown Spencer. Don't miss this investment opportunity! Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Stallard rick9666@aol.com330-723-9911,

    M. C. Real Estate

    Bought with:

    Kenneth Keiffer, 311666

    Northern Ohio Realty

    Source: MLS Now,MLS#: 5033247MLS LogoOriginating MLS: Medina County Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Steam
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Range, Refrigerator
    • Laundry: In Unit
    Features
    • Basement: None
    Interior area
    • Total structure area: 2,440
    • Total interior livable area: 2,440 sqft
    • Finished area above ground: 2,440

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Front, Garage, Garage Door Opener
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 03727A06038
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: F & B
    Location
    • Region: Spencer

    Financial & listing details

    • Price per square foot: $98/sqft
    • Tax assessed value: $225,580
    • Annual tax amount: $4,189
    • Date on market: 4/26/2024
    • Cumulative days on market: 33 days
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    6/17/2024Sold$240,000-10.8%$98/sqft
    Source: MLS Now #5033247 Report a problem
    6/3/2024Pending sale$269,000$110/sqft
    Source: MLS Now #5033247 Report a problem
    5/7/2024Listed for sale$269,000$110/sqft
    Source: MLS Now #5033247 Report a problem
    5/2/2024Pending sale$269,000$110/sqft
    Source: MLS Now #5033247 Report a problem
    4/26/2024Listed for sale$269,000+900%$110/sqft
    Source: MLS Now #5033247 Report a problem
    3/22/2019Listing removed$950
    Source: Enter a company name Report a problem
    12/5/2018Listed for rent$950+11.8%
    Source: Enter a company name Report a problem
    8/10/2015Listing removed$850
    Source: M. C. Real Estate Report a problem
    6/26/2015Listed for rent$850
    Source: M. C. Real Estate Report a problem
    12/1/2000Sold$26,900$11/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,575 -18.3%$78,950 -11.3%
    2024$4,376 +4.5%$88,980
    2023$4,189 -2.1%$88,980
    2022$4,280 +8.1%$88,980 +10%
    2021$3,959 $80,890
    2020$3,959 -0.2%$80,890
    2019$3,968 +15.6%$80,890 +20%
    2018$3,433 -0.1%$67,410
    2017$3,435 -1%$67,410
    2016$3,471 +4.9%$67,410 +7%
    2015$3,307 -0.1%$63,000
    2014$3,312 -0.6%$63,000
    2013$3,331 +13.7%$63,000 -0.6%
    2012$2,930 +2.2%$63,390
    2011$2,867 +1.1%$63,390
    2010$2,836 -3.2%$63,390 -6%
    2009$2,928 -1.9%$67,430
    2008$2,985 0%$67,430
    2007$2,986 +21.1%$67,430 +11.6%
    2006$2,467 -0.3%$60,440
    2005$2,475 -3.2%$60,440
    2004$2,556 +1.8%$60,440 +4.7%
    2003$2,510 +1.1%$57,700
    2002$2,483 $57,700
    Find assessor info on the county website

    Neighborhood: 44275

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Black River LSD - 5201

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $326,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $326,200