Large Location Icon

162 Rainbow Dr; Amherst, OH Property Details

162 Rainbow Dr, Amherst, OH is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 162 Rainbow Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,502 square feet. The lot size of 162 Rainbow Dr is 13,939 square feet.

Off market
162 Rainbow Dr Amherst, OH 44001
$212,500 Listing Price
4 Beds
2.5 Baths
2,502 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Purchase Price: $212,500
  • Open Loans / Balance: 1 / $177,324
  • Est. Equity / %: $151,676 / 46.1%
  • Gross Yield: 15.392%
  • APN: 05-00-022-106-007
  • Situs County: Lorain
  • Length Of Ownership: 7 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Pool Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,502/SqFt
  • Lot: 13,939/SqFt
  • Gross: 3,202/SqFt
  • Garage: 630/SqFt
  • Living: 2,502/SqFt
  • Basement: 1,200/SqFt
  • Building: 3,132/SqFt
  • Ground: 1,222/SqFt
  • Price Per Square Foot: $84.93

Legal Description

  • Description: RAINBOW 78 X 181
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: 41.406197 / -82.22691
  • Subdivision: Rainbow
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 1434
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

162 Rainbow Dr has 10 associated Taxes items

162 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 $98,921. The APN we've located for 162 Rainbow Dr is 05-00-022-106-007.

Unlock the full report
Taxes
  • Assessed Value:  $98,921
  • Assessed Year:  2024
  • Assessed County:  Lorain
  • APN:  05-00-022-106-007
  • Assessed Land Value:  15890
  • Market Land Value:  45400
  • Tax Amount:  4058.38
  • Tax Year:  2025
  • Market Value:  282630
  • Market Year:  2024

Tax History

162 Rainbow Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,058.38 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $98,921 Land Value $15,890 Improvement Value $83,031 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,107 Land Value $9,233 Improvement Value $55,874 Tax Amount $3,119.12 Change Rate +0.043142% Assessed CR Tax Rate +0.047908%
Year 2022 Assessed Value $65,107 Land Value $9,233 Improvement Value $55,874 Tax Amount $2,990.12 Change Rate -0.002588% Assessed CR Tax Rate +0.045926%
Year 2021 Assessed Value $65,107 Land Value $9,233 Improvement Value $55,874 Tax Amount $2,997.88 Change Rate +0.082807% Assessed CR Tax Rate +0.046045%
Year 2020 Assessed Value $53,370 Land Value $7,570 Improvement Value $45,800 Tax Amount $2,768.62 Change Rate +0.108907% Assessed CR Tax Rate +0.051876%
Year 2019 Assessed Value $53,370 Land Value $7,570 Improvement Value $45,800 Tax Amount $2,496.71 Change Rate +0.091114% Assessed CR Tax Rate +0.046781%
Year 2018 Assessed Value $53,370 Land Value $7,570 Improvement Value $45,800 Tax Amount $2,288.22 Change Rate -0.00351% Assessed CR Tax Rate +0.042875%
Year 2017 Assessed Value $50,930 Land Value $7,120 Improvement Value $43,810 Tax Amount $2,296.28 Change Rate +0.643099% Assessed CR Tax Rate +0.045087%
Year 2016 Assessed Value $50,930 Land Value $7,120 Improvement Value $43,810 Tax Amount $1,397.53 Change Rate -0.497194% Assessed CR Tax Rate +0.02744%
Year 2015 Assessed Value $50,930 Land Value $7,120 Improvement Value $43,810 Tax Amount $2,779.46 Change Rate -0.031405% Assessed CR Tax Rate +0.054574%
Year 2014 Assessed Value $52,340 Land Value $7,320 Improvement Value $45,020 Tax Amount $2,869.58 Change Rate -0.003314% Assessed CR Tax Rate +0.054826%
Year 2013 Assessed Value $52,340 Land Value $7,320 Improvement Value $45,020 Tax Amount $2,879.12 Change Rate Assessed CR Tax Rate +0.055008%