Sold for $223,000

$223,000

1937 Rainbow Dr NE, Lancaster, OH 43130

3beds

1,200sqft

Single Family Residence

Built in 1964

0.64 Acres Lot

$307,700 Zestimate^®

$186/sqft

$1,896 Estimated rent

Home value

$307,700

$289,000 - $326,000

$1,896/mo

Zestimate^® history

Owner options

List your home for rent

$1,896/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,896/mo

Rent Zestimate^®

Refinance and save

$1,516/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,516/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Nice patioSpacious dining roomWood - burning insertWall oven

This solid 3-level split is just ready & waiting for some TLC & your personal touches! Situated on just over a half-acre, this home features 3 bedrooms & 1.5 baths on the upper level. The bright living room is on the main level with a nice floor-to-ceiling brick fireplace housing a wood-burning insert and opens up to the spacious dining room & fully applianced kitchen with cooktop & wall oven. There's a lower-level laundry area & walkout family room that's just a portal away from your future oasis! Add a nice patio, seating area, firepit, or fountain for the backyard of your dreams! Schedule your showing today and imagine the possibilities!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Features

Flooring: Carpet, Vinyl
Basement: Crawl Space
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Levels: Tri-Level

Lot

Size: 0.64 Acres

Details

Parcel number: 0534166900
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Block

Condition

New construction: No
Year built: 1964

Utilities & green energy

Sewer: Private Sewer
Water: Well, Private

Community & HOA

HOA

Has HOA: No

Location

Region: Lancaster

Financial & listing details

Price per square foot: $186/sqft
Tax assessed value: $177,090
Annual tax amount: $1,908
Date on market: 5/28/2024
Listing terms: Other,Conventional

Price history

Date	Event	Price
7/8/2024	Sold	$223,000+2.8%$186/sqft
Source: Columbus and Central Ohio Regional MLS #224014763 Report a problem
5/28/2024	Pending sale	$217,000$181/sqft
Source: Columbus and Central Ohio Regional MLS #224014763 Report a problem
5/28/2024	Listed for sale	$217,000$181/sqft
Source: Columbus and Central Ohio Regional MLS #224014763 Report a problem
5/28/2024	Pending sale	$217,000$181/sqft
Source: Columbus and Central Ohio Regional MLS #224014763 Report a problem
5/25/2024	Price change	$217,000-9.5%$181/sqft
Source: Columbus and Central Ohio Regional MLS #224014763 Report a problem
5/11/2024	Pending sale	$239,900$200/sqft
Source: Columbus and Central Ohio Regional MLS #224014763 Report a problem
5/9/2024	Listed for sale	$239,900$200/sqft
Source: Columbus and Central Ohio Regional MLS #224014763 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,211 +13.5%	$61,980 +20.7%
2024	$1,948 -5.1%	$51,360
2023	$2,053 +9.5%	$51,360
2022	$1,876 -2.8%	$51,360 +3.7%
2021	$1,930 -0.5%	$49,510
2020	$1,940 +10.4%	$49,510
2019	$1,758 +5.8%	$49,510 +23.7%
2018	$1,661 -0.1%	$40,040 -9.9%
2017	$1,662 +2.7%	$44,450
2016	$1,619 +0.3%	$44,450 +3.4%
2015	$1,614 +5%	$43,000
2014	$1,537 +0.5%	$43,000
2013	$1,530 +21.3%	$43,000
2012	$1,262 +12.1%	$43,000 +13.5%
2011	$1,125 +1.2%	$37,890
2010	$1,111 -2.9%	$37,890 -5%
2009	$1,145 +3.5%	$39,880 +0%
2008	$1,106 -0.1%	$39,879 -0.1%
2007	$1,108 -11%	$39,900 +4.8%
2006	$1,244 +0.1%	$38,056
2005	$1,243 +4.8%	$38,056
2004	$1,186 +17.9%	$38,056 +8.2%
2003	$1,006 -0.3%	$35,165
2002	$1,009 -0.2%	$35,165
2001	$1,012 +4.4%	$35,165 +15.6%
2000	$969	$30,426