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1175 Rainbow Dr

Lancaster, OH 43130

3 bd 1 ba 1,040 sqft Built 1960 Lot 65,340 sqft single_family
Most recent sale
$160,000
Nov 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 2, 2022 Sold $160,000 Public Record
Oct 29, 2022 Listing removed ColumbusCORMLS
Oct 28, 2022 Sold $160,000 ColumbusCORMLS
Sep 29, 2022 Listed $185,000 ColumbusCORMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,935 $25,179 $68,114 $2,521
2024 $42,935 $25,179 $68,114 $2,058
2023 $33,754 $17,675 $51,429 $2,067
2022 $33,750 $17,680 $51,430 $2,093
2021 $25,190 $16,070 $41,260 $1,726
2020 $25,190 $16,070 $41,260 $1,735
2019 $25,190 $16,350 $41,540 $1,594
2018 $20,350 $16,350 $36,700 $1,489
2017 $20,350 $16,350 $36,700 $1,491
2016 $20,350 $16,350 $36,700 $1,382
2015 $19,400 $16,350 $35,750 $1,389
2014 $19,400 $16,350 $35,750 $1,325
2013 $19,400 $16,350 $35,750 $847
2012 $23,940 $15,530 $39,470 $1,006
2011 $23,940 $15,530 $39,470 $864
2010 $23,940 $15,530 $39,470 $849
2009 $25,200 $16,350 $41,550 $889
2007 $25,200 $16,350 $41,550 $850

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
65,340 sqft
ZIP code
43130
City
Lancaster
Street
Rainbow Dr
Coordinates
39.75247, -82.57581

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
11.70%
Implied cap rate
7.61%
Trend-extrapolated value

Frequently asked questions

When did 1175 Rainbow Dr last sell?
1175 Rainbow Dr most recently sold on Nov 2, 2022 for $160,000.
What is the current tax assessment for 1175 Rainbow Dr?
The most recent total assessment for 1175 Rainbow Dr (year 2025) is $68,114 with $2,521 in property tax.
How does 1175 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 57.4% below the last sale price of $160,000.
When was 1175 Rainbow Dr built?
1175 Rainbow Dr was built in 1960.
How does 1175 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 1175 Rainbow Dr?
1175 Rainbow Dr is a 3 bed, 1 bath, 1,040 sqft, 65,340 sqft lot single_family.
Is 1175 Rainbow Dr a flip candidate?
No — 1175 Rainbow Dr does not appear in our flips dataset.
Is 1175 Rainbow Dr a tax-appeal candidate?
No — 1175 Rainbow Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.9%
Implied 1-yr
-7.5%
2026 Q3
$302.9K
2026 Q4
$296.4K
ZIP 43130 — Median Price History + Forecast

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