3-Bedroom Home with Walkout Basement & Fenced Yard — Repairs Underway!
This 3-bedroom, 1.5-bath home is a fantastic opportunity for buyers looking to move into a property with repairs already underway and paid for by the seller. Featuring a full finished walkout basement, this space offers tons of potential for a rec room, home office, or bonus living area.
Enjoy the privacy of a fully fenced yard, great for pets, play, or future landscaping plans. With fresh updates in progress, this home is being prepped for its next owner to move in with confidence.
Located in a convenient area close to local amenities, this is your chance to secure a home with improvements already in motion — schedule your tour today before it's gone!
Sold for $265,000
$265,000
1485 Rainbow Dr NE, Lancaster, OH 43130
3beds
2,064sqft
Single Family Residence
Built in 1971
0.69 Acres Lot
$305,000 Zestimate®
$128/sqft
$2,271 Estimated rent
Home value
$305,000
$278,000 - $329,000
$2,271/mo
Zestimate® history
Owner options
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$2,271/mo
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$2,271/mo
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$1,713/mo
Est. payment
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$1,713/mo
Est. payment
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List your homeWhat's special
Fenced yardFull finished walkout basementWalkout basement
Zillow last checked:
Listing updated:
Listed by:
Jessica Lee Moyer 740-974-3226,
Realty ONE Group Refined
Bought with:
Elizabeth Genevieve Wills, 2023006860
Rock House Realty LLC
Source: Columbus and Central Ohio Regional MLS ,MLS#: 225015066
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup
Features
- Flooring: Vinyl
- Basement: Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Wood Burning, One
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,064
- Total interior livable area: 2,064 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 1
- Carport spaces: 2
Features
- Levels: One
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Size: 0.69 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 0270033100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lancaster
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $223,560
- Annual tax amount: $2,585
- Date on market: 5/3/2025
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2025 | Sold | $265,000+3.9%$128/sqft |
Source:  Columbus and Central Ohio Regional MLS #225015066 Report a problem | ||
| 5/5/2025 | Contingent | $255,000$124/sqft |
Source: Columbus and Central Ohio Regional MLS #225015066 Report a problem | ||
| 5/3/2025 | Listed for sale | $255,000+27.6%$124/sqft |
Source: Columbus and Central Ohio Regional MLS #225015066 Report a problem | ||
| 8/5/2020 | Sold | $199,900$97/sqft |
Source: Public Record Report a problem | ||
| 6/28/2020 | Pending sale | $199,900$97/sqft |
Source: e-Merge Real Estate #220020046 Report a problem | ||
| 6/24/2020 | Listed for sale | $199,900+27.3%$97/sqft |
Source: e-Merge Real Estate #220020046 Report a problem | ||
| 7/17/2018 | Sold | $157,000-1.9%$76/sqft |
Source: Public Record Report a problem | ||
| 6/13/2018 | Pending sale | $160,000$78/sqft |
Source: Gorsuch Realty Company #218012799 Report a problem | ||
| 6/8/2018 | Price change | $160,000-3%$78/sqft |
Source: Gorsuch Realty Company #218012799 Report a problem | ||
| 5/20/2018 | Listed for sale | $164,888$80/sqft |
Source: Gorsuch Realty Company #218012799 Report a problem | ||
| 5/9/2018 | Pending sale | $164,888$80/sqft |
Source: Gorsuch Realty Company #218012799 Report a problem | ||
| 4/30/2018 | Price change | $164,888-2.9%$80/sqft |
Source: Gorsuch Realty Company #218012799 Report a problem | ||
| 4/21/2018 | Listed for sale | $169,888+90.9%$82/sqft |
Source: Gorsuch Realty Company #218012799 Report a problem | ||
| 6/18/2013 | Sold | $89,000-38.6%$43/sqft |
Source: Public Record Report a problem | ||
| 10/23/2012 | Listing removed | $144,900$70/sqft |
Source: foreclosure.com Report a problem | ||
| 10/3/2012 | Listed for sale | $144,900+95.8%$70/sqft |
Source: foreclosure.com Report a problem | ||
| 10/20/2011 | Sold | $74,000-37.8%$36/sqft |
Source: Public Record Report a problem | ||
| 9/23/2003 | Sold | $119,000+3%$58/sqft |
Source: Public Record Report a problem | ||
| 8/23/1999 | Sold | $115,500$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,897 +12.1% | $78,250 +21.1% |
| 2024 | $2,585 -0.5% | $64,600 |
| 2023 | $2,597 -1.2% | $64,600 |
| 2022 | $2,630 +23.9% | $64,600 +27.4% |
| 2021 | $2,122 -0.9% | $50,700 |
| 2020 | $2,140 +9.6% | $50,700 -0.4% |
| 2019 | $1,953 +15.3% | $50,880 +22% |
| 2018 | $1,693 -0.1% | $41,710 |
| 2017 | $1,695 +7.9% | $41,710 |
| 2016 | $1,571 -0.1% | $41,710 +3% |
| 2015 | $1,573 +4.8% | $40,480 |
| 2014 | $1,500 -7.5% | $40,480 -5.3% |
| 2013 | $1,622 +0.7% | $42,750 |
| 2012 | $1,610 +13.8% | $42,750 +2.2% |
| 2011 | $1,415 +1.1% | $41,820 |
| 2010 | $1,399 -2.9% | $41,820 -5% |
| 2009 | $1,442 +3% | $44,020 |
| 2008 | $1,399 -0.1% | $44,020 0% |
| 2007 | $1,400 +1.1% | $44,030 +18% |
| 2006 | $1,386 +5% | $37,318 |
| 2005 | $1,320 +0.1% | $37,318 |
| 2004 | $1,318 +16.1% | $37,318 +9% |
| 2003 | $1,135 +2.4% | $34,237 |
| 2002 | $1,108 -0.2% | $34,237 |
| 2001 | $1,111 +1.4% | $34,237 +12.9% |
| 2000 | $1,095 | $30,328 |
Find assessor info on the county website
Neighborhood: 43130
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Nearby schools
GreatSchools rating
- 4/10Medill Elementary SchoolGrades: K-5Distance: 1.5 mi
- 6/10Thomas Ewing Junior High SchoolGrades: 6-8Distance: 0.1 mi
- 5/10Lancaster High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$305,000
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
$305,000
- Ohio
- Fairfield County
- Lancaster
- 43130
- 1485 Rainbow Dr NE
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