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711 Rainbow Dr

Lancaster, OH 43130

3 bd 2 ba 1,092 sqft Built 1946 Lot 43,996 sqft single_family
Most recent sale
$236,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 11, 2024 Sold $284,900 ColumbusCORMLS
Aug 5, 2022 Sold $236,000 Public Record
Jul 25, 2022 Sold $236,000 ColumbusCORMLS
Jun 20, 2022 Listed $195,000 MLS #222022149
Oct 26, 2012 Sold $63,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $48,990 $22,785 $71,775 $2,742
2024 $48,990 $22,785 $71,775 $1,986
2023 $31,777 $15,330 $47,107 $1,923
2022 $31,780 $15,330 $47,110 $1,244
2021 $10,640 $15,330 $25,970 $1,099
2020 $10,640 $15,330 $25,970 $1,106
2019 $10,640 $15,330 $25,970 $1,012
2018 $8,300 $19,160 $27,460 $1,136
2017 $8,300 $19,160 $27,460 $1,137
2016 $8,300 $19,160 $27,460 $1,095
2015 $7,920 $19,160 $27,080 $1,119
2014 $7,920 $19,160 $27,080 $1,070
2013 $7,920 $19,160 $27,080 $1,046
2012 $18,970 $17,250 $36,220 $2,679
2011 $18,970 $17,250 $36,220 $1,473
2010 $18,970 $17,250 $36,220 $940
2009 $21,080 $19,160 $40,240 $1,056
2007 $21,070 $19,180 $40,250 $1,314

Property facts

Year built
1946
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,092 sqft
Lot size
43,996 sqft
ZIP code
43130
City
Lancaster
Street
Rainbow Dr
Coordinates
39.75350, -82.61218

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,638
Gross rental yield
8.33%
Implied cap rate
5.41%
Trend-extrapolated value

Frequently asked questions

When did 711 Rainbow Dr last sell?
711 Rainbow Dr most recently sold on Aug 5, 2022 for $236,000.
What is the current tax assessment for 711 Rainbow Dr?
The most recent total assessment for 711 Rainbow Dr (year 2025) is $71,775 with $2,742 in property tax.
How does 711 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 69.6% below the last sale price of $236,000.
When was 711 Rainbow Dr built?
711 Rainbow Dr was built in 1946.
How does 711 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 711 Rainbow Dr?
711 Rainbow Dr is a 3 bed, 2 bath, 1,092 sqft, 43,996 sqft lot single_family.
Is 711 Rainbow Dr a flip candidate?
No — 711 Rainbow Dr does not appear in our flips dataset.
Is 711 Rainbow Dr a tax-appeal candidate?
No — 711 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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