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159 Rainbow Dr; Amherst, OH Property Details

159 Rainbow Dr, Amherst, OH is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 159 Rainbow Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,511 square feet. The lot size of 159 Rainbow Dr is 15,246 square feet.

Off market
159 Rainbow Dr Amherst, OH 44001
$110,000 Listing Price
3 Beds
1.5 Baths
1,511 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1963
  • Purchase Price: $110,000
  • Open Loans / Balance: 1 / $81,638
  • Est. Equity / %: $167,362 / 67.21%
  • Gross Yield: 10.472%
  • APN: 05-00-022-105-016
  • Situs County: Lorain
  • Length Of Ownership: 9 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Water Source: Yes

Measurements

  • Total: 1,511/SqFt
  • Lot: 15,246/SqFt
  • Gross: 2,023/SqFt
  • Garage: 512/SqFt
  • Living: 1,511/SqFt
  • Basement: 1,511/SqFt
  • Building: 2,023/SqFt
  • Ground: 1,511/SqFt
  • Price Per Square Foot: $72.80

Legal Description

  • Description: RAINBOW DR 1 FRNT 0086.00 DPTH 0182.00
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Amherst Exempted Village School District
  • Lat / Lon: 41.406853 / -82.22698
  • Subdivision: Rainbow Dr 1
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1433
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

159 Rainbow Dr has no associated ownership info
159 Rainbow Dr has no associated ownership info.

Taxes

159 Rainbow Dr has 10 associated Taxes items

159 Rainbow Dr, Amherst, OH pays taxes in Lorain County, OH. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $73,665. The APN we've located for 159 Rainbow Dr is 05-00-022-105-016.

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Taxes
  • Assessed Value:  $73,665
  • Assessed Year:  2024
  • Assessed County:  Lorain
  • APN:  05-00-022-105-016
  • Assessed Land Value:  16755
  • Market Land Value:  47870
  • Tax Amount:  2974.46
  • Tax Year:  2024
  • Market Value:  210470
  • Market Year:  2024

Tax History

159 Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $73,665 Land Value $16,755 Improvement Value $56,910 Tax Amount $2,974.46 Change Rate +0.177547% Assessed CR Tax Rate +0.040378%
Year 2023 Assessed Value $52,714 Land Value $9,737 Improvement Value $42,977 Tax Amount $2,525.98 Change Rate +0.043155% Assessed CR Tax Rate +0.047919%
Year 2022 Assessed Value $52,714 Land Value $9,737 Improvement Value $42,977 Tax Amount $2,421.48 Change Rate -0.002595% Assessed CR Tax Rate +0.045936%
Year 2021 Assessed Value $52,714 Land Value $9,737 Improvement Value $42,977 Tax Amount $2,427.78 Change Rate +0.083076% Assessed CR Tax Rate +0.046056%
Year 2020 Assessed Value $43,210 Land Value $7,980 Improvement Value $35,230 Tax Amount $2,241.56 Change Rate +0.017771% Assessed CR Tax Rate +0.051876%
Year 2019 Assessed Value $43,210 Land Value $7,980 Improvement Value $35,230 Tax Amount $2,202.42 Change Rate -0.0105% Assessed CR Tax Rate +0.05097%
Year 2018 Assessed Value $43,210 Land Value $7,980 Improvement Value $35,230 Tax Amount $2,225.79 Change Rate -0.0091% Assessed CR Tax Rate +0.051511%
Year 2017 Assessed Value $41,210 Land Value $7,500 Improvement Value $33,710 Tax Amount $2,246.23 Change Rate -0.004026% Assessed CR Tax Rate +0.054507%
Year 2016 Assessed Value $41,210 Land Value $7,500 Improvement Value $33,710 Tax Amount $2,255.31 Change Rate +0.002815% Assessed CR Tax Rate +0.054727%
Year 2015 Assessed Value $41,210 Land Value $7,500 Improvement Value $33,710 Tax Amount $2,248.98 Change Rate -0.077743% Assessed CR Tax Rate +0.054574%
Year 2014 Assessed Value $42,360 Land Value $7,710 Improvement Value $34,650 Tax Amount $2,438.56 Change Rate +0.046529% Assessed CR Tax Rate +0.057568%
Year 2013 Assessed Value $42,360 Land Value $7,710 Improvement Value $34,650 Tax Amount $2,330.14 Change Rate Assessed CR Tax Rate +0.055008%