Seller's Agent in 2025
Ashley Mandowa
Mandowa and Company
(770) 330-7212
1 in this area
57 Total Sales
3997 Rainbow Dr Decatur, GA 30034
Southwest DeKalb Neighborhood
3
Beds
2
Baths
1,723
Sq Ft
3.66
Acres
Highlights
- 3.66 Acre Lot
- Private Lot
- Wood Flooring
- Midcentury Modern Architecture
- Oversized primary bedroom
- 1 Fireplace
About This Home
As of September 2025It's the LAND on this one! Discover timeless charm and endless potential with this estate-owned 4-sided brick ranch, nestled on a sprawling 3.66-acre lot in the heart of Decatur. This solid, well-built home offers a rare opportunity to own a private retreat with room to expand, renovate, or redevelop. This classic Mid-century Modern ranch-style residence features 3 bedrooms and 2 bathrooms, a full daylight basement, and original hardwood floors throughout most of the main level. The spacious living room is filled with natural light, while the vintage kitchen and separate dining area provide the perfect canvas for your personal touch. Enjoy peaceful mornings on the rear patio overlooking the expansive backyard, surrounded by mature trees and open green space. The full unfinished basement offers ample storage, workshop space, or potential for additional living areas or rental income. With endless possibilities, this property is ideal for homeowners, investors, or developers looking for acreage in a rapidly growing area. Located just minutes from I-285, downtown Decatur, East Atlanta, and major retail and dining, this home offers both convenience and privacy. This property is part of an Estate sale and is sold as-is. Don’t miss this unique opportunity to own acreage in Decatur with solid bones and so much potential! The seller is happy to sell any furniture currently in the home. You do not want to miss this opportunity.
Last Agent to Sell the Property
Mandowa and Company License #372275 Listed on: 08/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $710
Year Built
- Built in 1955
Lot Details
- 3.66 Acre Lot
- Private Lot
- Rectangular Lot
- Level Lot
- Back Yard Fenced and Front Yard
Parking
- 2 Car Detached Garage
- 2 Carport Spaces
- Driveway
Home Design
- Midcentury Modern Architecture
- 2-Story Property
- Slab Foundation
- Shingle Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,723 Sq Ft Home
- 1 Fireplace
- Formal Dining Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Electric Oven
- Electric Range
- White Kitchen Cabinets
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- Oversized primary bedroom
- 3 Main Level Bedrooms
- Primary Bedroom on Main
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Accessible Home Design
- Accessible Bedroom
- Accessible Common Area
- Central Living Area
Schools
- Rainbow Elementary School
- Chapel Hill - Dekalb Middle School
- Southwest Dekalb High School
Additional Features
- Courtyard
- Septic Tank
Community Details
- Decatur Subdivision
Listing and Financial Details
- Assessor Parcel Number 15 125 05 013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2017
Sold by
Urban Anne G
Bought by
The Urban Anne Gisela Rev Trus
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Sold | $359,000 | +2.9% | $208 / Sq Ft |
| 08/17/2025 08/17/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | For Sale | $349,000 | -- | $203 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
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 | $4,748 | $97,120 | $12,640 | $84,480 |
| 2024 | $710 | $96,840 | $12,640 | $84,200 |
| 2023 | $710 | $83,920 | $12,520 | $71,400 |
| 2022 | $610 | $61,080 | $12,520 | $48,560 |
| 2021 | $610 | $46,000 | $12,520 | $33,480 |
| 2020 | $611 | $39,360 | $12,520 | $26,840 |
| 2019 | $602 | $35,720 | $12,520 | $23,200 |
| 2018 | $1,373 | $38,680 | $12,520 | $26,160 |
| 2017 | $626 | $33,160 | $12,520 | $20,640 |
| 2016 | $624 | $34,760 | $12,520 | $22,240 |
| 2014 | $434 | $18,120 | $12,480 | $5,640 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Mandowa
-
Latoya Winfrey
Buyer's Agent in 2025
Latoya Winfrey
Core Realty and Associates, LLC
(404) 317-8526
4 in this area
32 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 7628003
APN: 15-125-05-013
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