NOT LISTED FOR SALE

2556 Raindrop Ct Decatur, GA 30034

Southwest DeKalb Neighborhood

Estimated Value: $276,000 - $379,000

5 Beds
2.5 Baths
1,864 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $350,000 $188 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,233/month

104 Days on Market

Highlights

  • City View
  • Deck
  • Traditional Architecture
  • 0.7 Acre Lot
  • Oversized primary bedroom
  • Bonus Room

About This Home

As of January 2023

BACK ON THE MARKET!!! SELLER HAS RECENTLY RENOVATED THIS LOVELY HOME!!! NEW!! NEW!!! NEW!!! THE PRICE REFLECTS THE NEW UPGRADES!!! BASEMENT HAS BEEN RENOVATED!! HOME IS MOVE IN READY!!!!Welcome Home!! Located in the amazingly beautiful Rainbow Creek Subdivision of Decatur!! Home is positioned in cozy a "cul-de-sac ." This floor plan is a RARE find featuring a finished BASEMENT.... 5 bedrooms 2.5 baths with the 5th bedroom in the basement area! Imagine a teenager or in-law suite...this basement has extra living space with plenty of storage and enough room to create your very own oasis! The upper level opens to four bedrooms with the owners suite offering a modern day oasis with a remarkable amount of space. Private deck just off the kitchen area for sipping on a warm cup of coffee or enjoying an evening wine down. Within close proximity to I-20 & I-285, major highways to the Atlanta Hartsfield-Jackson Airport, Stonecrest Marketplace, Arabia Mountain Trail, fine dining, outdoor recreation and shopping. Community offer tennis and swimming and playground area! Great for first time home buyer or investment property for long term returns.

Last Agent to Sell the Property

Lisa Wells

Coldwell Banker Realty License #377408 Listed on: 09/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Tongela Reynolds-Williams

Drake Realty, Inc License #174223

Drake Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1995

Lot Details

  • 0.7 Acre Lot
  • Cul-De-Sac
  • Back Yard

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Keeping Room
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tax Block /14
  • Assessor Parcel Number 15 125 02 208

Community Details

Overview

  • Rainbow Drive Subdivision
  • FHA/VA Approved Complex

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

Built in 1995

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: RAINBOW DRIVE PH-2 LOT 14 9-22-95 58 X 200 X 135 X 180 X 104. . . . . . . . . . . 0.65AC
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1995
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Cooktop
  • Interior Amenities: Crown Molding
  • Basement: Finished, Full
  • Kitchen Features: Eat-in Kitchen, Keeping Room, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1864.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Lower Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Vinyl 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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Utilities: Electricity Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Park, Pool, Tennis Court(s)
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Rainbow Drive

Schools

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

Lot Info

  • Acres: 0.7000
  • Lot: 00
  • Land/Lot: 00
  • Section G M D: 00
  • Plat Book: 00
  • Plat Page: 00
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Dimensions: x
  • Parcel Number: 15 125 02 208
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2622.00
  • Assessor Parcel Number: 15-125-02-208
  • Close Date: 2023-01-30
  • 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
Sep 19, 2022
Closed on
Jan 30, 2023
Sold by
Cheeks Lynne B
Bought by
Godfrey Edwin Spencer
Seller's Agent
Lisa Wells
Coldwell Banker Realty
Buyer's Agent
Tongela Reynolds-Williams
Drake Realty, Inc
List Price
$315,000
Sold Price
$350,000
Premium/Discount to List
$35,000
11.11%
Views
77
Current Estimated Value
$327,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,999
Avg. Annual Appreciation
-2.48%
Original Mortgage
$339,500
Outstanding Balance
$328,355
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
-$1,354

Purchase Details

Closed on
Feb 26, 1996
Sold by
Homeland Communinc
Bought by
Cheeks Lynne
Source: Public Records

Range of Values:

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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
Godfrey Edwin Spencer $350,000 --
Cheeks Lynne $115,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godfrey Edwin Spencer $339,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $350,000 0.0% $188 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
11/21/2022 11/21/22 Price Changed $350,000 +11.1% $188 / Sq Ft
11/21/2022 11/21/22 For Sale $315,000 -10.0% $169 / Sq Ft
11/19/2022 11/19/22 Off Market $350,000 -- --
09/19/2022 09/19/22 For Sale $315,000 -- $169 / 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 $5,602 $117,720 $10,595 $107,125
2024 $5,602 $117,720 $10,800 $106,920
2023 $5,602 $110,760 $10,800 $99,960
2022 $3,513 $103,440 $7,920 $95,520
2021 $2,622 $77,560 $7,920 $69,640
2020 $2,323 $68,720 $7,920 $60,800
2019 $2,162 $64,720 $7,920 $56,800
2018 $1,700 $58,960 $4,880 $54,080
2017 $1,646 $48,000 $4,880 $43,120
2016 $1,591 $47,560 $4,880 $42,680
2014 $862 $26,320 $4,880 $21,440
Source: Public Records

Agents Affiliated with this Home

  • Lisa Wells

    Seller's Agent in 2023

    Lisa Wells

    Coldwell Banker Realty

    11 in this area

    52 Total Sales

    Lisa Wells
    Section Image

  • T

    Buyer's Agent in 2023

    Tongela Reynolds-Williams

    Drake Realty, Inc

    (770) 565-2044

    1 in this area

    9 Total Sales

    Tongela Reynolds-Williams
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7116495

First Multiple Listing Service (FMLS)

APN: 15-125-02-208

Georgia DeKalb County Decatur 30034 Southwest DeKalb

2556 Raindrop Ct, Decatur, GA

This home is located at 2556 Raindrop Ct, Decatur, GA 30034 since 19 September 2022 and is currently estimated at $327,001, approximately $175 per square foot. This property was built in 1995. 2556 Raindrop Ct is a home located in DeKalb County with nearby schools including Rainbow Elementary School, Chapel Hill Middle School, and Southwest Dekalb High School.

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