Property Description

Welcome home to this charming 3-bedroom, 2 full bath ranch, perfectly situated on nearly an acre of land! This inviting home offers a spacious open eat-in kitchen, ideal for everyday living and entertaining. Enjoy the convenience of one-level living with a functional layout designed for comfort and ease.The generous lot provides plenty of room to relax, garden, or entertain outdoors while still being conveniently located close to schools, restaurants, and shopping. All appliances are included--refrigerator, range, washer, and dryer--making this home truly move-in ready.Don't miss the opportunity to own a peaceful property with space to spread out, just minutes from everything you need!

1289 Rainbow Drive NE | MLS# 226011835

This single family home located at 1289 Rainbow Drive NE, Lancaster, OH 43130 is currently listed for sale with an asking price of $254,900. This property was built in 1958 and has 3 bedrooms and 2 full baths with 1560 sq. ft. Rainbow Drive NE is located within the LANCASTER CITY school district. Search Lancaster real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Cooling: Central Air

Days on Market: 19

Home Style: Ranch

Lot Size: 1.08 Acres

Taxes: $2,423

Year Built: 1958

Feature Descriptions

Flooring: Wood, Carpet, Vinyl

Parcel #: 02-70031-700

Local Schools

School District: LANCASTER CITY

Market Trends

Fairfield County Residential Market Trend Graphs

Zip Code 43130

Source: Delta Media Group, Inc.

Demographics

Fairfield County Demographic Information for 1289 Rainbow Drive NE, Lancaster, OH 43130

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

$ 1,571.89 per month $1,295.63 Principal & Interest $201.92 Property Tax $74.35 Homeowner's Insurance

Change Payment Information

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