NOT LISTED FOR SALE

3573 Rainbow Dr Decatur, GA 30034

Southwest DeKalb Neighborhood

Estimated Value: $199,000 - $221,000

3 Beds
2 Baths
1,206 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $163,000 $135 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,400/month

4 Days on Market

Highlights

  • City View
  • Private Lot
  • Ranch Style House
  • 0.9 Acre Lot
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of June 2022

Calling all investors! Buy one fixer upper, get a buildable lot free! Vintage 4-side brick ranch in unincorporated Dekalb County on large corner "double" lot. (2680 Knollview Dr address has been assigned but lot needs to be subdivided after closing). Additional county space in front of house from Rainbow Dr reconfiguration adds more privacy (see pics). All windows have been replaced, roof looks good, and newer water heater. Eat-in kitchen, main bedroom w/bath, screened private back porch. Property needs work sold "as-is". Must use side driveway to enter property. SHOWINGS END FRIDAY APRIL 29 AT 2:00 PM. OFFERS WILL BE REVIEWED FRIDAY NIGHT APRIL 29.

Last Agent to Sell the Property

John Durrett

HomeSmart License #296592 Listed on: 04/27/2022

HomeSmart

Last Buyer's Agent

Teneaka Lawrence

Compass License #407368

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1958

Lot Details

  • 0.9 Acre Lot
  • Private Lot
  • Corner Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,206 Sq Ft Home
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Wood Flooring
  • City Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Parking

  • Carport
  • Off-Street Parking

Schools

  • Columbia Elementary And Middle School
  • Columbia High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,044

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • ArchitecturalStyle: Brick 4 Side, Ranch
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 0.9
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1206
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Gas Water Heater, Oven (Wall)
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1206
  • Above Grade Finished Sq Ft: 1206
  • Interior Amenities: Pulldown Attic Stairs, Tile Bath
  • Full Bathrooms: 2
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Area
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Foundation Details: Block
  • Lot Features: Corner Lot, Private
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Carport, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Utilities: High Speed Internet, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Columbia
  • High School: Columbia
  • High School Bus: Yes
  • Middle School: Columbia
  • Middle School Bus: Yes

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2043.52

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 22, 2022
Sold by
Parker Margaret E
Bought by
Scott Clautresa
Seller's Agent
John Durrett
HomeSmart
Buyer's Agent
Teneaka Lawrence
Compass
List Price
$140,000
Sold Price
$163,000
Premium/Discount to List
$23,000
16.43%
Current Estimated Value
$204,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,909
Avg. Annual Appreciation
6.84%
Original Mortgage
$138,550
Outstanding Balance
$131,320
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$73,589
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scott Clautresa $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Clautresa $138,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $163,000 +16.4% $135 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $140,000 -- $116 / Sq Ft
Source: Georgia MLS

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 $3,867 $77,360 $16,200 $61,160
2024 $3,795 $75,800 $10,800 $65,000
2023 $3,795 $65,200 $9,000 $56,200
2022 $737 $64,080 $10,800 $53,280
2021 $738 $46,560 $10,800 $35,760
2020 $676 $35,840 $10,800 $25,040
2019 $651 $34,600 $5,520 $29,080
2018 $582 $30,200 $5,520 $24,680
2017 $622 $29,840 $5,520 $24,320
2016 $588 $28,880 $5,520 $23,360
2014 $403 $11,240 $5,400 $5,840
Source: Public Records

Agents Affiliated with this Home

  • John Durrett

    Seller's Agent in 2022

    John Durrett

    HomeSmart

    (404) 578-5090

    2 in this area

    52 Total Sales

    John Durrett
    Section Image

  • T

    Buyer's Agent in 2022

    Teneaka Lawrence

    Compass

    1 in this area

    17 Total Sales

    Teneaka Lawrence
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10041776

Georgia MLS

APN: 15-123-07-002

Georgia DeKalb County Decatur 30034 Southwest DeKalb

3573 Rainbow Dr, Decatur, GA

Not Listed for Sale

Detached

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