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0 Rainbow Dr NE, Lancaster, OH, 43130

$1,479,450

42.27 Acres
Land

Location

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Property Highlights

Home TypeFarm
MLS #224021469
Lot Size42.27 Acres
StatusAccepting Backup Offers
(Contingent)

About 0 Rainbow Dr NE

42.27 acres of prime vacant land located on edge of Lancaster, within city limits. Connects to parcel# 0534164600, listed separately. Partially surrounded by other housing developments. Land is currently farmed, but zoned RS-3 residential. City gas, water and sewer lines are located on and adjoining the property. Conveniently located close to Lancaster downtown/business district. Close to surrounding cities incl. Columbus & easy access to State Routes. Beautiful view of surrounding hills & terrain. Wo9uld make a great site for residential homes, condos, etc. Country living with city conveniences!

Property Details

Property Features

Listing Office:

  • Office Name: Howard HannaRealEstateServices
  • Listing Agent: Joseph A Hildinger

Lot Features

Lot Information:

  • Lot Size: 42.27 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,479,450
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Housing Market Comparison

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

Med. Sold Price

$239.9K

Med. Price/SqFt

$163

Avg. Days On Market

91

# of Sold Homes

13

0 Rainbow Dr NE vs Lancaster

112 DAYS ON ROCKET

+21 Days

$1,479,450

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Lancaster, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224021469

Listing Office:

  • Office Name: Howard HannaRealEstateServices
  • Listing Agent: Joseph A Hildinger

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: 10/17/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,451

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,502

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NMLS#3030

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.

Nearby Schools

school-card-donut-604023
4
/10
  • Medill Elementary School

  • 1151 James Rd

  • 1.68 miles

  • Public District Grades KG-5

school-card-donut-604024
5
/10
  • East Elementary School

  • 751 E Wheeling St

  • 2.93 miles

  • Public District Grades KG-5

school-card-donut-604025
8
/10
  • Tarhe Elementary School

  • 425 Whittier Dr N

  • 3.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,811. The most common annual income of people living in Lancaster, OH is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Lancaster, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lancaster, OH?

The housing landscape in Lancaster, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes reflect a range of designs from classic mid-century to more contemporary structures. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.

Is Lancaster, OH a good place to live?

Lancaster is celebrated for its small-town charm and rich historical heritage. The community prides itself on a strong sense of togetherness, often showcased during local events and festivals that highlight the city's cultural identity. Residents enjoy a blend of traditional values and a welcoming atmosphere that defines the city's character.

Are things conveniently located in Lancaster, OH?

Residents of Lancaster have access to a solid educational system, with multiple public schools serving different age groups and a few private institutions, some of which may have religious affiliations. The city is served by a network of healthcare facilities, including a major hospital that provides a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, offering both familiar and unique experiences.

What does the transportation in Lancaster, OH look like?

Transportation in Lancaster includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. While specific schedules vary, the frequency of these services is designed to accommodate the needs of commuters and local travelers. The city also supports ride-sharing options, enhancing mobility for those without private vehicles. Lancaster boasts a network of roads and highways that facilitate travel to nearby cities and attractions, with ongoing efforts to improve transport efficiency and accessibility for all residents.

Frequently Asked Questions About 0 Rainbow Dr NE

What is the listing price of this property?

The listing price of 0 Rainbow Dr NE property is $1,479,450.

What type of property is this?

The property 0 Rainbow Dr NE is land located in Lancaster, Ohio, 43130.

Is this property for sale now?

Accepting Backup Offers: 0 Rainbow Dr NE is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 0 Rainbow Dr NE is 42.27 acres.
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Rocket HomesOhioFairfield CountyLancaster431300 Rainbow Dr NE

This home is located at 0 Rainbow Dr NE in Lancaster, OH and zip code 43130. This home sits on a 42.27 acre lot. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $1,479,450.

Over 1 listings were sold over their listed price in September 2024 in Lancaster, OH. In the same period over 12 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Lancaster, OH between August 2024 and September 2024 decreased by 31.5%. The median list price of listings available in September 2024 was $239,958, while the average time on the real estate market was 91 days.

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

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