NOT LISTED FOR SALE

Estimated Value: $276,198 - $324,000

3 Beds
2.5 Baths
1,746 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $310,000 $178 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,897/month

Highlights

  • City View
  • Traditional Architecture
  • Open to Family Room
  • Deck
  • Formal Dining Room
  • Cul-De-Sac

About This Home

As of May 2022

Welcome to 2550 Cloud Lane, a captivating home in the enchanting Rainbow Drive community. This pristinely renovated, three bedroom, two and a half bath masterpiece offers over seventeen hundred square feet of upgrades with every step. The entrance welcomes you with mountains of light throughout the main level and is complimented by the dining room with a stunning chandelier. The spacious living room leads to the beautiful kitchen with gorgeous countertops, upscale fixtures, designer cabinetry and plenty of storage. Modern colors and exquisite finishes accent the gorgeous floors leading to the wonderful family room with a relaxing view of your spacious backyard. The upper level opens to three large bedrooms and a guest bathroom. Escape into the owner’s suite, a modern day oasis with a remarkable amount of space. The stunning double vanity is a showcase feature in the en suite bathroom with a separate shower and garden tub. Within close proximity to I-20 & I-285, major highways to the Atlanta Hartsfield-Jackson Airport, Stonecrest, Arabia Mountain Trail, Stonecrest Marketplace, fine dining, outdoor recreation and plenty of shopping. With curb appeal galore and a huge backyard, this jewel is an absolute MUST SEE. Set an appointment through showing-time and behold this marvel for yourself.

Last Agent to Sell the Property

Collis Clovie

Cross Creek Realty License #261275 Listed on: 03/25/2022

Cross Creek Realty

Last Buyer's Agent

Patricia Dureja

BHGRE Metro Brokers License #392167

BHGRE Metro Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 76x154x131x136
  • Cul-De-Sac
  • Back Yard

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,746 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Ceramic Tile Flooring
  • City Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deck

Schools

  • Rainbow Elementary School
  • Chapel Hill - Dekalb Middle School
  • Southwest Dekalb High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Rainbow Drive Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / B
  • Assessor Parcel Number 15 125 02 150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Year Built

Built in 1991 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 5 X 70 X 153 X 131 X 136 . . . . . . . . . . . . 0.29AC RAINBOW DRIVE PH-3 BLOCK B LOT 16 6-18-90
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1991
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Interior Amenities: Double Vanity
  • Kitchen Features: Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1746.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • View: City
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee Frequency: Annually
  • Subdivision Complex: Rainbow Drive

Schools

  • Elementary School: Rainbow
  • Middle School: Chapel Hill - Dekalb
  • High School: Southwest Dekalb

Lot Info

  • Acres: 0.3000
  • Lot: 16
  • Land/Lot: 125
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Dimensions: 76X154X131X136
  • Parcel Number: 15 125 02 150
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3315.00
  • Assessor Parcel Number: 15-125-02-150
  • Close Date: 2022-05-18
  • Tax Year: 2021

MLS Schools

  • Elementary School: Rainbow
  • High School: Southwest Dekalb
  • Middle School: Chapel Hill - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 18, 2022
Sold by
Schayes Susan
Bought by
Dureja Angelicia and Dureja Umesh
Seller's Agent
Collis Clovie
Cross Creek Realty
Buyer's Agent
Patricia Dureja
BHGRE Metro Brokers
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Current Estimated Value
$299,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,200
Avg. Annual Appreciation
-0.97%

Purchase Details

Listed on
Jan 16, 2018
Closed on
Aug 27, 2018
Sold by
Dyer Shonn
Bought by
Schayes Susan
Seller's Agent
Olayinka Olatunde
NOT A VALID MEMBER
Buyer's Agent
Collis Clovie
Cross Creek Realty
List Price
$139,999
Sold Price
$109,500
Premium/Discount to List
-$30,499
-21.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.28%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Jones Gerald L
Bought by
Dyer Shonn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dureja Angelicia $310,000 --
Schayes Susan $109,500 --
Dyer Shonn $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dyer Shonn $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Sold $310,000 +3.7% $178 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $299,000 0.0% $171 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $299,000 +173.1% $171 / Sq Ft
08/29/2018 08/29/18 Sold $109,500 -15.1% $63 / Sq Ft View Prior Sale
07/26/2018 07/26/18 Pending -- -- --
03/27/2018 03/27/18 Price Changed $129,000 -7.9% $74 / Sq Ft
01/16/2018 01/16/18 For Sale $139,999 -- $80 / 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
2025 $3,741 $116,720 $12,000 $104,720
2024 $5,172 $108,000 $12,000 $96,000
2023 $5,172 $105,000 $12,000 $93,000
2022 $4,151 $86,760 $8,800 $77,960
2021 $3,315 $67,720 $8,800 $58,920
2020 $2,839 $56,880 $8,800 $48,080
2019 $2,265 $43,800 $7,120 $36,680
2018 $2,263 $55,200 $5,400 $49,800
2017 $1,988 $37,320 $5,400 $31,920
2016 $2,031 $38,200 $5,400 $32,800
2014 $1,379 $22,880 $5,400 $17,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7022083

First Multiple Listing Service (FMLS)

APN: 15-125-02-150