245 Rainbow Drive NELancaster, OH 43130

Residential - Single Family MLS 226000542 Sold
Closed 362000
  • 245 Rainbow Drive NE, Lancaster, OH 43130 Photo 1
1/1 Fullscreen
3 beds 2 full baths 1,888 sqft

Listed By

Agency Name: Rock House Realty LLC
Agent Name: Sarah Claypool
Agency Phone: 614-245-8267

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Set on nearly 1.5 acres just outside the city limits, this charming brick ranch offers the perfect blend of privacy, space, and convenience. Built in 1965 with an addition completed in 1996, the home features 3 bedrooms and 2 full baths and is ready for a new owner to bring it back to life.While the home is in need of updates, it has great bones and solid construction, providing an ideal foundation for your personal vision. With its classic brick exterior and generous lot, this property offers endless potential to become a true showstopper with the right design touches.Enjoy the peace and seclusion of a country setting while staying just minutes from shopping, dining, and everyday amenities. Whether you're dreaming of a cozy retreat or a beautifully renovated ranch to call home, this property invites you to create something truly special.

Property Features

Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 119
Fireplaces: 2
Garage: 2 car attached
Heating: Heat Pump
Home Style: Ranch
Lot Size: 1.48 Acres
Taxes: $3,898
Year Built: 1965

Feature Descriptions

Exterior: Brick, Vinyl Siding
Fireplace: Two
Flooring: Wood, Carpet, Vinyl
Parcel #: 02-70038-900
Parking: Attached Garage
Windows: Insulated All

Local Schools

School District: LANCASTER CITY

Source: Delta Media Group, Inc.

Demographics

Fairfield County Demographic Information for
Fips
Fips Code 39045
Population
2020 to 2025 Change up 6.8%
2010 Count 146,156
2020 Count 158,921
2025 Estimate (V2025) 169,752
2020 Estimate (V2025) 158,908
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 23.5%
18 to 64 53.9%
65 and Older 16.9%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 4.3%
US 95.7%
Education
High School Graduate, Age 25+ 94.0%
Bachelor's Degree or Higher, Age 25+ 32.3%
Computer and Internet use
Households with a computer 96.3%
Households with a broadband Internet subscription 92.5%
Language
English is Second Language, Age 5+ 5.6%
English is First Language, Age 5+ 94.4%
Veterans
Veterans 9,079
Income
Per Capita Income $41,813
Median Household Income $90,966
People in Poverty 8.1%
Commute
Average Work Commute Time 28 minutes
Housing
Total Housing Units 64,207
Households 60,357
Average Household Size 2.65
Owner-Occupied 74.9%
Multi-Family 15.4%
Owner-Occupied Median Value $298,800
Median selected monthly owner costs -with a mortgage $1,739
Median selected monthly owner costs -without a mortgage $666
Median gross rent $1,172
Building Permits
New Private Housing Issued 2024 464
Years at Residence
1 Year or More 90.4%
Less Than 1 Year 9.6%
Business and Employment
Private non-farm Establishments 2,846
Private non-farm Employment 41,284
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 12,972
Number of Firms 1,808
Business Production
Value of Shipments $1,121,644,000
Wholesale Trade $0
Retail Trade $1,966,556,000
Retail Sales Per Capita $11,384
Accommodation and Food Services $252,325,000
Land
Land Area 504.41 sq. miles
Population Per Square Mile 290

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,273.26 per month $1,843.72 Principal & Interest $324.83 Property Tax $104.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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