Online only public real estate auction, the RESERVE (or minimum bid) is $100,000.00. Bidding begins to close at 8:30 PM, August 29th, 2023, on Auction Ohio's website. 3 bedroom, 1 bathroom home in Driving Park, Columbus, Ohio. This is a great opportunity to make this your home, or an investment property. This property is close to major highways and shopping centers. This home is tenant occupied, please do not disturb the tenant.
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod/1.5 Story
Year Built: 1952
Living Area: 1,110 SqFt
Listing Office:
Office Name: Auction Ohio
Listing Agent: Brian G Davis
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Parking: 2 Off Street
Lot Features
Lot Information:
Lot Size: 0.09 Acres
School Info
Assigned Schools Information:
South High School, Public District Grades 6-12
Fairwood Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: South on Rhoads Ave from Livingston Ave to Rainbow Park, Look for signs.
Price Information
Listing Price Info
Price Summary:
List Price: $100,000
Price Per SqFt: $90/SqFt
Tax Information:
Annual Amount: $760
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Columbus, OH.
This property is $179.6K less than the Median Sold Price and $95/SqFt less than other homes in Columbus, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #223024587
Listing Office:
Office Name: Auction Ohio
Listing Agent: Brian G Davis
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$567
Per Month
Principal & Interest
$500
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$366
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Fairwood Elementary School
726 Fairwood Ave
Distance between this listing and this school0.31 miles
Public District Grades PK-5
High School
3
/10
South High School
1160 Ann St
Distance between this listing and this school1.65 miles
Public District Grades 6-12
Assigned Schools
4
/10
Fairwood Elementary School
726 Fairwood Ave
Distance between this listing and this school0.31 miles
Public District Grades PK-5
Nearby Schools
7
/10
Montrose Elementary School
2555 E Main St
Distance between this listing and this school1.20 miles
Public District Grades PK-6
3
/10
Ohio Avenue Elementary School
505 S Ohio Ave
Distance between this listing and this school1.22 miles
Public District Grades KG-5
Nearby Schools
6
/10
Columbus Collegiate Academy
1469 E Main St
Distance between this listing and this school0.77 miles
Public Charter Grades 6-8
6
/10
Columbus City Preparatory School For Girls
1390 Bryden Rd
Distance between this listing and this school1.17 miles
Public District Grades 6-8
8
/10
Bexley Middle School
300 S Cassingham Rd
Distance between this listing and this school1.53 miles
Public District Grades 7-8
Assigned Schools
3
/10
South High School
1160 Ann St
Distance between this listing and this school1.65 miles
Public District Grades 6-12
Nearby Schools
2
/10
Road To Success Academy
1555 Bryden Rd
Distance between this listing and this school0.91 miles
Public Charter Grades 9-12
2
/10
Brookwood Academy
2685 E Livingston Ave
Distance between this listing and this school1.31 miles
The neighbors living near this home have an average income of $30,988. The most common annual income of people living in Columbus, OH is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1762 Rainbow Park
What is the listing price of this property?
The listing price of 1762 Rainbow Park property is $100,000.
What type of property is this?
The property 1762 Rainbow Park is a house located in Columbus, Ohio, 43206.
Is this property for sale now?
Active Listing: 1762 Rainbow Park is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1762 Rainbow Park are: Fairwood Elementary School: GreatSchools Rating 4/10South High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $760 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 31, 2019 for $13,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1762 Rainbow Park has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 1762 Rainbow Park is 1,110 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1762 Rainbow Park is 1952.
This home is located at 1762 Rainbow Park in Columbus, OH and zip code 43206 in the Driving Park neighborhood. This 1,110 square foot home, which was built in 1952, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 02, 2023 and is currently priced at $100,000.
In April 2024 more than 472 listings in Columbus, OH were sold above the asking price. During the same period more than 202 listings were sold at asking price, while more than 291 were sold below. The inventory of homes for sale in Columbus, OH between March 2024 and April 2024 increased by 9.3%. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $279,675.
From Rocket Homes Real Estate and based on county public records data.