2550 Rainbow Creek Dr Decatur, GA 30034
Southwest DeKalb NeighborhoodEstimated Value: $304,000 - $362,000
3
Beds
3
Baths
2,752
Sq Ft
$118/Sq Ft
Est. Value
About This Home
This home is located at 2550 Rainbow Creek Dr, Decatur, GA 30034 and is currently estimated at $324,199, approximately $117 per square foot. 2550 Rainbow Creek Dr is a home located in DeKalb County with nearby schools including Rainbow Elementary School, Chapel Hill Middle School, and Southwest Dekalb High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2018
Sold by
Sec Of Housing & U
Bought by
Vaughn Peace
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,338
Outstanding Balance
$116,028
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$208,171
Purchase Details
Closed on
Aug 10, 2017
Sold by
Jpmorgan Chase Bank Nation
Bought by
Secretary Of Housing And Urban and C/O Information Systems Networ
Purchase Details
Closed on
Jun 21, 2017
Sold by
Secretary Of Hud
Bought by
Jpmorgan Chase Bank National A
Purchase Details
Closed on
May 1, 2012
Sold by
Jp Morgan Chase Bk Na
Bought by
Sec Of Housing & Urban
Purchase Details
Closed on
Feb 27, 2004
Sold by
Wilson Mokelia T
Bought by
Vinson Derrick L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,628
Interest Rate
5.72%
Mortgage Type
VA
Purchase Details
Closed on
Mar 18, 1997
Sold by
Homeland Communities Inc
Bought by
Wilson Mokelia T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vaughn Peace | $105,000 | -- | |
| Secretary Of Housing And Urban | $56,000 | -- | |
| Jpmorgan Chase Bank National A | -- | -- | |
| Sec Of Housing & Urban | $56,000 | -- | |
| Jpmorgan Chase Bank National A | -- | -- | |
| Vinson Derrick L | $160,000 | -- | |
| Wilson Mokelia T | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vaughn Peace | $132,338 | |
| Previous Owner | Vinson Derrick L | $157,628 | |
| Closed | Wilson Mokelia T | $0 |
Source: Public Records
Tax History Compared to Growth
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 | $3,298 | $116,800 | $11,680 | $105,120 |
| 2024 | $3,430 | $118,800 | $11,880 | $106,920 |
| 2023 | $3,430 | $102,960 | $8,720 | $94,240 |
| 2022 | $3,005 | $102,960 | $8,720 | $94,240 |
| 2021 | $2,126 | $76,440 | $8,720 | $67,720 |
| 2020 | $2,131 | $64,880 | $8,720 | $56,160 |
| 2019 | $2,084 | $63,800 | $8,720 | $55,080 |
| 2018 | $2,591 | $62,800 | $5,360 | $57,440 |
| 2017 | $2,539 | $50,480 | $5,360 | $45,120 |
| 2016 | $2,411 | $47,480 | $5,360 | $42,120 |
| 2014 | $1,628 | $29,040 | $5,360 | $23,680 |
Source: Public Records
Map
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