NOT LISTED FOR SALE

2949 S Rainbow Dr Decatur, GA 30034

Panthersville Neighborhood

Estimated Value: $104,957

1 Bed
1.5 Baths
912 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $52,500 $58 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $689/month

74 Days on Market

Highlights

  • 0.8 Acre Lot
  • Main Floor Primary Bedroom
  • Level Lot
  • Traditional Architecture
  • 1-Story Property

About This Home

As of October 2018

Commercial OR residential lot in a great location near south Dekalb mall and the Porter Sandford performing Arts & Community Center. Try your hand in this value play, there are unlimited possibilities! This is an As-Is home.

Last Agent to Sell the Property

Zohrab Najarian

NOT A VALID MEMBER License #342548 Listed on: 07/26/2018

Last Buyer's Agent

Eric Croone

NOT A VALID MEMBER License #338637

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.8 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • Parking Pad
  • Driveway

Community Details

  • Lena Drive Phase Ii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15 121 06 007

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1952
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 912.00

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Parking Pad

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Subdivision Complex: Lena Drive Phase II

Schools

  • Elementary School: Dekalb - Other
  • Middle School: Dekalb - Other
  • High School: Dekalb - Other

Lot Info

  • Acres: 0.8000
  • Lot Features: Level
  • Lot Dimensions: 0.800
  • Parcel Number: 15 121 06 007
  • Property Attached Yn: No

Tax Info

  • Taxes: 3640.00
  • Assessor Parcel Number: 15-121-06-007
  • Close Date: 2018-10-19
  • Tax Year: 2016

MLS Schools

  • Elementary School: Dekalb - Other
  • High School: Dekalb - Other
  • Middle School: Dekalb - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Full House Investments Atlanta Llc
Bought by
Miller Alisa
Current Estimated Value
$104,957

Purchase Details

Listed on
Jul 26, 2018
Closed on
Oct 19, 2018
Sold by
Najarian Capital Llc
Bought by
Full House Investments Atlanta Llc
Seller's Agent
Zohrab Najarian
NOT A VALID MEMBER
Buyer's Agent
Eric Croone
NOT A VALID MEMBER
List Price
$62,000
Sold Price
$52,500
Premium/Discount to List
-$9,500
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Oct 16, 2017
Bought by
Najarian Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,325
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Lockett Quentine
Bought by
Deutsche Bank National Trust C and Morgan Stanley Abs Capital I I

Purchase Details

Closed on
Jan 17, 2006
Sold by
Harris Arnold
Bought by
Lockett Quentine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.82%
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
Miller Alisa -- --
Full House Investments Atlanta Llc $52,500 --
Najarian Capital Llc $59,206 --
Deutsche Bank National Trust C $59,355 --
Lockett Quentine $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Najarian Capital Llc $50,325
Previous Owner Lockett Quentine $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $52,500 -12.4% $58 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
08/17/2018 08/17/18 Price Changed $59,900 -3.4% $66 / Sq Ft
07/26/2018 07/26/18 For Sale $62,000 -- $68 / 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
2023 $1,367 $21,000 $18,200 $2,800
2022 $1,278 $21,000 $18,200 $2,800
2021 $1,278 $21,000 $18,200 $2,800
2020 $1,278 $21,000 $18,200 $2,800
2019 $1,278 $21,000 $18,200 $2,800
2018 $2,534 $23,680 $20,560 $3,120
2017 $3,633 $74,320 $64,560 $9,760
2016 $3,640 $74,320 $64,560 $9,760
2014 $3,722 $74,320 $64,560 $9,760
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2018

    Zohrab Najarian

    NOT A VALID MEMBER

    Section Image

  • E

    Buyer's Agent in 2018

    Eric Croone

    NOT A VALID MEMBER

    (404) 313-2015

    3 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6054794

First Multiple Listing Service (FMLS)

APN: 15-121-06-007

Georgia DeKalb County Decatur 30034 Panthersville

2949 S Rainbow Dr, Decatur, GA

This home is located at 2949 S Rainbow Dr, Decatur, GA 30034 since 26 July 2018 and is currently estimated at $104,957, approximately $115 per square foot. This property was built in 1952. 2949 S Rainbow Dr is a home located in DeKalb County with nearby schools including Flat Shoals Elementary School, McNair Middle School, and McNair High School.

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