4109 Rainbow Dr

Decatur, GA 30034

$220,000
Last Sold Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Sold 11/18/19
Sold 11/18/19

Description

Investor’s dream! 4-ACRES & Two income producing homes ($2500/mo.) Live in one and rent the other to cover your mortgage/produce income -Endless Possibilities! Or rezone to build 8-12 houses per acre! Similar 4-acre 2-house property sold May 2019 for $290,000 located 2 miles away at 3950/3960 Boring Rd Decatur GA. Wont Last Long! Brick Ranch 1500sf 4bd/2ba new roof windows, paint, flooring (95% complete), newer hot water heater, & HVAC. 1-car detached garage 4-space uncovered parking. Updated septic...Investor’s dream! 4-ACRES & Two income producing homes ($2500/mo.) Live in one and rent the other to cover your mortgage/produce income -Endless Possibilities! Or rezone to build 8-12 houses per acre! Similar 4-acre 2-house property sold May 2019 for $290,000 located 2 miles away at 3950/3960 Boring Rd Decatur GA. Wont Last Long! Brick Ranch 1500sf 4bd/2ba new roof windows, paint, flooring (95% complete), newer hot water heater, & HVAC. 1-car detached garage 4-space uncovered parking. Updated septic system. Electric Separately Metered Stucco Cottage 800 sf 2bd/1ba with expansive backyard surrounded by mature Georgia Pines reaching to the sky, living room, den, newer appliances, 2-space uncovered parking, newer septic system, roof, & central air.
  1. Listed by Bobbi Outlaw-Crouch • HomeBay Broker GA, Inc.

Property Details for 4109 Rainbow Drive

Subdivision
None
Style
Brick/Frame, Other
Fees Include
None
Parking
Detached
LISTING CLOSED: 11/18/2019 05:00 AM

Property Details for 4109 Rainbow Drive

StatusSold
MLS #8631012
Days on Market56
Taxes$1,869 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1952
Lot Size4.00 AC / 174,240 SF
CountyDeKalb County
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Location

Listing Courtesy of HomeBay Broker GA, Inc., Bobbi Outlaw-Crouch

Sold By Keller Williams Rlty. Buckhead, Jeff Morabito

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Building Information for 4109 Rainbow Drive

Stories1Year Built1952Building Size-Lot Size4.00 AC / 174,240 SF

Payment Calculator

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$1,252 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,096

Property Taxes

$156

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4109 Rainbow Drive

Summary
Location and General Information
  • Area: DKE1
  • Elementary School: Edward Bouie
  • High School: Southwest Dekalb
  • Middle School: Chapel Hill
  • Amenities: None
  • Directions: Head north on Kelley Chapel Rd toward Rainbow Dr Turn right at the 1st cross street onto Rainbow Dr Destination will be on the right
  • Lot Description: Level
Taxes and HOA
  • Parcel Number: 15 126 12 007
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • BAF Lower: 0
  • BAF Main: 3
  • BAF Upper: 0
  • BAH Lower: 0
  • BAH Main: 0
  • BAH Upper: 0
  • BR Lower: 0
  • BR Main: 6
  • BR Upper: 0
  • Interior: Other
  • Rooms: Other
  • Basement Description: None
  • Appliances: Dryer, Washer, Dishwasher, Oven/Range (Combo), Refrigerator
Exterior Features
  • Roof Type: Composition
Property
Utilities
  • Cooling: Electric, Central Air
  • Heating Type: Electric, Forced Air
  • Water/Sewer: Septic Tank
  • Water Source: Public
Property and Assessments
  • Tax Year: 2017
  • Stories: One
  • Leased Land: No
  • Property Condition: Resale
Lot Information
  • Foundation Details: Slab

Property History for 4109 Rainbow Drive

DateEvent & SourcePriceAppreciation
Nov 15, 2019

Sold (Public Record)

Public Record #657705942

$220,000—
Nov 15, 2019

Sold (Public Record)

Public Record #657705942

$220,000

+32.0% / yr

Jun 14, 2012

Sold (Public Record)

Public Record #333196342

$28,000

-28.1% / yr

DateEvent & SourcePrice
11/15/2019

Sold (Public Record)

Public Record #657705942

$220,000
11/15/2019

Sold (Public Record)

Public Record #657705942

$220,000

+32.0% / yr

06/14/2012

Sold (Public Record)

Public Record #333196342

$28,000

-28.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4109 Rainbow Drive

Taxable ValueLand$10,640Additions$100,520Total$111,160
Tax Record2025$3,005 ($250 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,741 SqFtAbove Grade Finished SqFt1,741 SqFtStories1Lot Size174,240 SqFtStyleSingle Family ResidenceYear Built1948ZoningR100CountyDEKALBAPN15 126 12 007Fireplace TypeHas Fireplace

Schools near 4109 Rainbow Drive

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Rainbow Elementary School
Public - PK to 5
Chapel Hill Middle School
Public - 6 to 8
Southwest Dekalb High School
Public - 9 to 12
East Dekalb Special Education Center
Public - PK to 12
Rating
School
Distance
Rainbow Elementary School
PublicPK to 5

Chapel Hill Middle School
Public6 to 8

Southwest Dekalb High School
Public9 to 12

East Dekalb Special Education Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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AddressSold priceBedsBathsSqftLot AC
2734 Kelley Chapel Road, Decatur, GA 30034
$286,000
4
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0.4
2720 Kelley Chapel Road, Decatur, GA 30034
$340,000
4
2,534
1
2742 Kelley Chapel Road, Decatur, GA 30034
–
3
2
1,600
0.38
4119 Rainbow Drive, Decatur, GA 30034
$150,000
4
1,968
0.8
2752 Kelley Chapel Road, Decatur, GA 30034
–
–
0.5
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeBay Broker GA, Inc., Bobbi Outlaw-Crouch

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.