NOT LISTED FOR SALE

232 Rainbow Ln McDonough, GA 30252

Estimated Value: $330,000 - $345,000

4 Beds
3.5 Baths
2,328 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $400,000 $172 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,267/month

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Private Yard
  • Oversized primary bedroom
  • Corner Lot
  • Formal Dining Room

About This Home

As of June 2022

Former Model Home! 4beds/3.5ba. Entire 1st floor all hardwoods. Formal dining w/ coffered ceilings & wainscotting. Kitchen w/ granite tops, tile backsplash, SS appl & island w/ breakfast bar & pendant light. All bathrooms w/ tile floors. Large master w/ gorgeous custom tray ceiling. Bath w/ jacuzzi tub & dual vanities. Secondary bedrooms w/ Jack-n-Jill bath. Possible 2nd master w/ sitting area & private full bath. Decorator colors throughout. Lush landscaping. Covered patio & outdoor fireplace. Bring your fishing pole & enjoy fishing off the dock at the community clubhouse!

Home just needs a little TLC. Make this your home.

Last Agent to Sell the Property

Betty Reeves

Magnolia Real Estate Co By Dee, LLC License #409008 Listed on: 05/03/2022

Last Buyer's Agent

Keith Williams

Atlanta Communities License #419437

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 2006

Lot Details

  • 6,486 Sq Ft Lot
  • Corner Lot
  • Private Yard

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Brick Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Schools

  • Tussahaw Elementary School
  • Mcdonough Middle School
  • Mcdonough High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 220 Volts in Garage
  • High-Efficiency Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Patio

Community Details

  • $75 Initiation Fee
  • Charlestons Walk Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 123G01001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,763

Year Built

Built in 2006

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LLOT-152 LDIST-7LOT-1CHARLESTON'S WALK
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Coffered Ceiling(s), Double Vanity, Entrance Foyer, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2328.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Rear Entry, Private Yard
  • Foundation: Brick/Mortar, Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Upper Floor
  • Utilities: Electricity Available
  • Electric: 220 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund
  • HOA Rent Restrictions: Yes
  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Charlestons Walk

Schools

  • Elementary School: Tussahaw
  • Middle School: McDonough
  • High School: McDonough

Lot Info

  • Acres: 0.1489
  • Lot: 1
  • Land/Lot: 152
  • Plat Book: 43
  • Plat Page: 125
  • Lot Features: Corner Lot, Private
  • Parcel Number: 123G01001000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Water Heater
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 75

Tax Info

  • Taxes: 3763.00
  • Assessor Parcel Number: 123G01001000
  • Close Date: 2022-06-08
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Tussahaw
  • High School: McDonough
  • Middle School: McDonough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 8, 2022
Sold by
Barry Catherine
Bought by
Cleveland Kaprice and Cleveland Jamarrion
Seller's Agent
Betty Reeves
Magnolia Real Estate Co By Dee, LLC
Buyer's Agent
Keith Williams
Atlanta Communities
List Price
$350,000
Sold Price
$400,000
Premium/Discount to List
$50,000
14.29%
Current Estimated Value
$337,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,580
Avg. Annual Appreciation
-5.23%
Original Mortgage
$392,755
Outstanding Balance
$377,304
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
-$42,618

Purchase Details

Closed on
Feb 11, 2021
Sold by
Shellback Specialties Llc
Bought by
Barry Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2020
Sold by
Anderson Catherine S
Bought by
Shellback Specialties Llc and C/O Allied Servicing Corp

Purchase Details

Closed on
Dec 29, 2006
Sold by
Charlestons Walk Llc
Bought by
Anderson Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2006
Sold by
Brinson Randall J
Bought by
Gibby Randall C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,362,915
Interest Rate
6.05%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cleveland Kaprice $400,000 --
Barry Catherine $280,000 --
Shellback Specialties Llc $45,747 --
Anderson Catherine S $260,000 --
Gibby Randall C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleveland Kaprice $392,755
Previous Owner Barry Catherine $252,000
Previous Owner Anderson Catherine S $208,000
Previous Owner Gibby Randall C $1,362,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $400,000 +9.6% $172 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $365,000 +4.3% $157 / Sq Ft
05/03/2022 05/03/22 For Sale $350,000 -- $150 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,373 $143,600 $24,000 $119,600
2023 $5,681 $151,880 $16,000 $135,880
2022 $4,291 $112,000 $15,120 $96,880
2021 $3,763 $96,160 $16,000 $80,160
2020 $3,140 $85,400 $10,000 $75,400
2019 $2,996 $79,800 $10,000 $69,800
2018 $2,452 $66,160 $10,000 $56,160
2016 $2,396 $64,040 $6,000 $58,040
2015 $2,559 $65,840 $6,000 $59,840
2014 $2,571 $67,280 $6,000 $61,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7041301

First Multiple Listing Service (FMLS)

APN: 123G-01-001-000