3554 Rainbow Dr Decatur, GA 30034
Southwest DeKalb NeighborhoodEstimated payment $472/month
Highlights
- 1.2 Acre Lot
- No HOA
- Level Lot
About This Lot
Two Buildable Basement Lots in Decatur -Lots have access to all utilities: Sanitary Sewer Manhole is located at the rear of the property, Electricity and Water are at the street. -These are two land lots with separate addresses. -Land naturally slopes to the rear of the lots, which allows for construction of daylight basements by cutting embankment instead of using backfill. -The size of each lot allows for the construction of a 5,000+ sq. ft. home on each lot with the option to construct an Accessory Dwelling Unit, while maintaining the natural beauty and privacy that is associated with a wooded lot. -Property is located 15 minutes (12 miles) from Downtown Atlanta and 20 minutes (14 miles) from Midtown Atlanta. -GDOT will be constructing a sound barrier along the west side of the property.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,218
Lot Details
- 1.2 Acre Lot
- Property fronts a county road
- Level Lot
Schools
- Columbia Elementary And Middle School
- Columbia High School
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,218 | $25,600 | $25,600 | -- |
| 2023 | $1,218 | $18,640 | $18,640 | $0 |
| 2022 | $732 | $14,400 | $14,400 | $0 |
| 2021 | $732 | $14,400 | $14,400 | $0 |
| 2020 | $732 | $14,400 | $14,400 | $0 |
| 2019 | $407 | $7,000 | $7,000 | $0 |
| 2018 | $729 | $14,200 | $14,200 | $0 |
| 2017 | $726 | $14,200 | $14,200 | $0 |
| 2016 | $728 | $14,200 | $14,200 | $0 |
| 2014 | $279 | $3,960 | $3,960 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $70,000 | 0.0% | -- |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $70,000 | +86.7% | -- |
| 12/09/2022 12/09/22 | Sold | $37,500 | -24.2% | -- |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 10/12/2022 10/12/22 | Price Changed | $49,500 | -1.0% | -- |
| 06/02/2021 06/02/21 | For Sale | $50,000 | 0.0% | -- |
| 05/11/2021 05/11/21 | Pending | -- | -- | -- |
| 02/27/2021 02/27/21 | Price Changed | $50,000 | -9.1% | -- |
| 11/06/2020 11/06/20 | Price Changed | $55,000 | -6.8% | -- |
| 08/13/2020 08/13/20 | Price Changed | $59,000 | -7.8% | -- |
| 06/01/2020 06/01/20 | Price Changed | $64,000 | -0.8% | -- |
| 05/22/2020 05/22/20 | Price Changed | $64,500 | -0.8% | -- |
| 03/14/2020 03/14/20 | Price Changed | $65,000 | -7.1% | -- |
| 01/08/2020 01/08/20 | For Sale | $70,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $37,500 | -- | |
| Warranty Deed | $17,500 | -- |
Source: Georgia MLS
MLS Number: 10527639
APN: 15-123-04-001
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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