887 Rainbow Dr
Lancaster, OH 43130
3 bd 2 ba 1,938 sqft Built 1969 Lot 23,958 sqft single_family
Most recent sale
$324,000
Jul 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 19, 2022 | Sold | $324,000 | Public Record |
| Jul 12, 2022 | Sold | $324,000 | ColumbusCORMLS |
| Jun 10, 2022 | Listed | $309,000 | MLS #9923996 |
| Dec 10, 2018 | Sold | $180,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $71,257 | $26,425 | $97,682 | $3,618 |
| 2024 | $71,257 | $26,425 | $97,682 | $2,996 |
| 2023 | $58,604 | $16,261 | $74,865 | $3,010 |
| 2022 | $58,600 | $16,260 | $74,860 | $2,715 |
| 2021 | $41,810 | $16,260 | $58,070 | $2,430 |
| 2020 | $41,810 | $16,260 | $58,070 | $2,443 |
| 2019 | $41,810 | $16,260 | $58,070 | $2,229 |
| 2018 | $33,480 | $16,260 | $49,740 | $1,665 |
| 2017 | $33,480 | $16,260 | $49,740 | $1,667 |
| 2016 | $33,480 | $16,260 | $49,740 | $1,545 |
| 2015 | $32,050 | $16,260 | $48,310 | $1,538 |
| 2014 | $32,050 | $16,260 | $48,310 | $1,467 |
| 2013 | $32,050 | $16,260 | $48,310 | $1,460 |
| 2012 | $35,160 | $15,610 | $50,770 | $1,575 |
| 2011 | $35,160 | $15,610 | $50,770 | $1,423 |
| 2010 | $35,160 | $15,610 | $50,770 | $1,408 |
| 2009 | $36,620 | $16,260 | $52,880 | $1,447 |
| 2007 | $36,610 | $16,280 | $52,890 | $1,405 |
Property facts
Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,938 sqft
Lot size
23,958 sqft
ZIP code
43130
City
Lancaster
Street
Rainbow Dr
Coordinates
39.75208, -82.58133
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,907
Gross rental yield
10.77%
Implied cap rate
7.00%
Trend-extrapolated value
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Frequently asked questions
When did 887 Rainbow Dr last sell?
887 Rainbow Dr most recently sold on Jul 19, 2022 for $324,000.
What is the current tax assessment for 887 Rainbow Dr?
The most recent total assessment for 887 Rainbow Dr (year 2025) is $97,682 with $3,618 in property tax.
How does 887 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 69.9% below the last sale price of $324,000.
When was 887 Rainbow Dr built?
887 Rainbow Dr was built in 1969.
How does 887 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 887 Rainbow Dr?
887 Rainbow Dr is a 3 bed, 2 bath, 1,938 sqft, 23,958 sqft lot single_family.
Is 887 Rainbow Dr a flip candidate?
No — 887 Rainbow Dr does not appear in our flips dataset.
Is 887 Rainbow Dr a tax-appeal candidate?
No — 887 Rainbow Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.5%
2026 Q3
$302.9K
2026 Q4
$296.4K
ZIP 43130 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Dr