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Backup Offers

400 Rainbow Dr NW, Lancaster, OH, 43130

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
2 Full Baths
1,396 SqFt
$215/SqFt
House
Schools Nearby

Location

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400 Rainbow Dr NW, Lancaster$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Off Street, 4 Car Garage, Attached Garage, Opener
Attached Garage4 spaces
Year Built1961
HeatingElectric
CoolingCentral Air
BasementYes
MLS #224009370
Lot Size1.00 Acres
StatusAccepting Backup Offers
(Contingent)

About 400 Rainbow Dr NW

You might just forget that you're in Lancaster as you drive to this home. Rolling hills, gorgeous views, perfect location...all within the BC school district. Owned and lovingly tended by only one family since construction in 1961, it will be easy to fall in love with this charming ranch. Sitting on one full acre, it feels like you're in the country. Memorial Drive shopping, restaurants, entertainment and conveniences are all less than 3 miles away! Sellers were meticulous about having appliances serviced, and installed a generator and new siding in 2010. Full basement offers 2 additional recreation spaces as well as a full woodworking shop. Additions on the garage and owners' bedroom were well-planned, creating inside parking for 4 vehicles, huge mudroom, and large deck. AS-IS!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1961
  • Living Area: 1,396 SqFt

Listing Office:

  • Office Name: Red 1 Realty
  • Listing Agent: Tamasha Crouse-Tennant

Interior Features

Interior Information:

  • Appliances: Dishwasher, Washer/Dryer Connection, Electric Range, Electric Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Laminate-Artificial, Wood-Solid or Veneer
  • Interior: Dishwasher, Electric Dryer Hookup, Electric Range, Electric Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Aluminum Siding, Brick, Vinyl Siding, Deck, Well

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: 2 Off Street, 4 Car Garage, Attached Garage, Opener

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bloom-Carroll High School, Public District Grades 9-12
  • Bloom-Carroll Middle School, Public District Grades 5-8
  • Bloom Carroll Intermediate School, Public District Grades 3-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $215/SqFt

Tax Information:

  • Annual Amount: $2,568
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lancaster, OH.

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Lancaster, OH

City

Med. Sold Price

$230K

Med. Price/SqFt

$160

Avg. Days On Market

21

# of Sold Homes

52

400 Rainbow Dr NW vs Lancaster

29 DAYS ON ROCKET

+8 Days

$299,900

+$69.9K More

$215/SqFt

+$55 More

KEY TAKEAWAY

This property is $69.9K more than the Median Sold Price and $55/SqFt more than other homes in Lancaster, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224009370

Listing Office:

  • Office Name: Red 1 Realty
  • Listing Agent: Tamasha Crouse-Tennant

IDX 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.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:55:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,568$65,160
2019$2,568$65,160
2018$1,894$49,010
2017$1,674$49,010

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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

school-card-donut-4011378
7
/10

  • Bloom Carroll Intermediate School

  • 200 Market St

  • 11.27 miles

  • Public District Grades 3-4

Middle School

school-card-donut-4011379
6
/10

  • Bloom-Carroll Middle School

  • 71 S Beaver St

  • 5.61 miles

  • Public District Grades 5-8

High School

school-card-donut-4011380
6
/10

  • Bloom-Carroll High School

  • 5240 Plum Rd

  • 5.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,128. The majority of Lancaster, OH residents have income between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 Rainbow Dr NW

What is the listing price of this property?

The listing price of 400 Rainbow Dr NW property is $299,900.

What type of property is this?

The property 400 Rainbow Dr NW is a house located in Lancaster, Ohio, 43130.

Is this property for sale now?

Accepting Backup Offers: 400 Rainbow Dr NW is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 400 Rainbow Dr NW are:
Bloom Carroll Intermediate School: GreatSchools Rating 7/10
Bloom-Carroll Middle School: GreatSchools Rating 6/10
Bloom-Carroll High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,568 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 400 Rainbow Dr NW has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 400 Rainbow Dr NW is 1,396 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 Rainbow Dr NW is 1961.

Rocket Homes›Ohio›Fairfield County›Lancaster›43130›400 Rainbow Dr NW

This home is located at 400 Rainbow Dr NW in Lancaster, OH and zip code 43130. This 1,396 square foot home, which was built in 1961, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $299,900.

While more than 22 listings in Lancaster, OH in March 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 23 were sold below. The number of listings in Lancaster, OH increased by 0.9% between February 2024 and March 2024. The median list price of listings available in March 2024 was $230,000, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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