RENTED MAR 20, 2026

4140 Rainbow Dr Decatur, GA 30034

Southwest DeKalb Neighborhood

Estimated Value: $293,334

6 Beds
4 Baths
4,400 Sq Ft
$67/Sq Ft Est. Value

Highlights

  • 1.49 Acre Lot
  • Wood Flooring
  • 1 Fireplace
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of March 2026

Welcome to 4140 Rainbow Drive. Managed by EXCALIBUR HOMES. This MASSIVE 6 bedroom 4 FULL bathroom home features a FULL FINISHED BASEMENT with BONUS ROOM, 2 kitchenettes and HUGE PRIVATE BACKYARD. This is truly a MUST SEE!!! (Please note tenant must bring their own refrigerator) Easy access to Wesley Chapel, I-20 and I-285. Minutes from Downtown Decatur, Emory/VA/CDC, Stonecrest Mall. Excalibur Homes does not advertise on Facebook or Craigslist. Be advised that the sq ft and other features provided may be approximate. Prices and/or availability dates may change without notice. Lease terms 12 months or longer. Application fee is a non-refundable $75 per adult over 18 years of age. One-time $200 Administrative fee due at move-in. Most homes are pet-friendly. Breed restrictions may apply. Rental insurance required

Last Agent to Rent the Property

Clyde Brigman

Excalibur Homes, LLC License #264123 Listed on: 12/22/2025

Last Renter's Agent

No Sales Agent

Non-Mls Company License #0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1.49 Acre Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry in Kitchen

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rainbow Estates Subdivision

Listing and Financial Details

  • Security Deposit $2,395
  • 12-Month Minimum Lease Term
  • $75 Application Fee

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

1.49 Acres

Rental Info

  • Lease Termsin Months: 12
  • Security Deposit: 2395

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1960
  • ArchitecturalStyle: Brick 4 Side
  • Levels: Two
  • Lot Size Acres: 1.49
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Min Rental Period Months: 12
  • Use Rent Spree: No
  • Total Finished Area2: 4400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 6
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Below Grade Finished Sq Ft: 2200
  • Total Finished Sq Ft: 2200
  • Above Grade Finished Sq Ft: 2200
  • Interior Amenities: In-Law Floorplan, Master On Main Level
  • Full Bathrooms: 4
  • Flooring: Hardwood

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Public Transit
  • Application Fee: 75
  • PetsAllowed: Yes

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: None

Schools

  • Elementary School: Other
  • High School: Other
  • Middle School: Other

Multi Family

  • Total Fireplaces: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2011
Sold by
Esunrisomi Llc
Bought by
Current Estimated Value
$293,334

Purchase Details

Closed on
Nov 10, 2010
Sold by
Us Bank Na Rasc 2006Sky
Bought by
Esunrisomi Llc

Purchase Details

Closed on
Jul 6, 2010
Sold by
Bethell Kyro
Bought by
Us Bank Na Rasc 2006Sk7

Purchase Details

Closed on
Jun 16, 2006
Sold by
Emc Mtg Corp
Bought by
Bethell Kyro

Purchase Details

Closed on
Dec 6, 2005
Sold by
Bowden Betty J
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Feb 27, 1997
Sold by
Brantley Annie L Elijah
Bought by
Bowden Betty J J C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southwest DeKalb, GA

  • Angelica Diaz Real Estate Agent - Keller Williams Realty Atl. Partners

    Angelica Diaz

    Keller Williams Realty Atl. Partners

    (678) 916-8279

    177 Total Sales

    1 in Southwest DeKalb

    $335,000 Price

    Angelica Diaz
     Section Image
  • Shannon L Williams Real Estate Agent - Keller Williams Realty

    Shannon L Williams

    Keller Williams Realty

    (877) 721-3527

    123 Total Sales

    2 in Southwest DeKalb

    $130,000 Price Range

    Shannon L Williams
     Section Image
  • Barbara Dornbusch Real Estate Agent - Century 21 Connect Realty

    Barbara Dornbusch

    Century 21 Connect Realty

    (866) 517-1013

    38 Total Sales

    2 in Southwest DeKalb

    $286,800 Price Range

    Barbara Dornbusch
     Section Image
  • Dana Elliott Real Estate Agent - Atlanta Communities

    Dana Elliott

    Atlanta Communities

    (770) 562-7898

    58 Total Sales

    9 in Southwest DeKalb

    $70K - $240K Price Range

    Dana Elliott
     Section Image
  • Lisa McGhee Real Estate Agent - Crye-Leike Realtors

    Lisa McGhee

    Crye-Leike Realtors

    (678) 726-1380

    102 Total Sales

    4 in Southwest DeKalb

    $218K - $365K Price Range

    Lisa McGhee
     Section Image
  • Norm Kennedy Real Estate Agent - Coldwell Banker Realty

    Norm Kennedy

    Responds Quickly

    Coldwell Banker Realty

    (470) 264-4504

    99 Total Sales

    2 in Southwest DeKalb

    $310,000 Price Range

    Norm Kennedy
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Esunrisomi Llc $31,500 --
Us Bank Na Rasc 2006Sk7 $103,500 --
Bethell Kyro $118,000 --
Emc Mtg Corp $132,000 --
Bowden Betty J J C $110,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 Rented $2,395 0.0% --
03/09/2026 03/09/26 Price Changed $2,395 -4.0% $1 / Sq Ft
12/22/2025 12/22/25 For Rent $2,495 -- --
Source: Georgia MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,402 $113,040 $16,956 $96,084
2024 $5,840 $123,080 $17,280 $105,800
2023 $5,840 $113,040 $17,280 $95,760
2022 $1,933 $36,000 $10,640 $25,360
2021 $1,696 $75,120 $10,640 $64,480
2020 $1,696 $36,000 $10,640 $25,360
2019 $1,707 $30,840 $10,640 $20,200
2018 $1,443 $36,039 $9,730 $26,309
2017 $1,942 $36,040 $9,731 $26,309
2016 $942 $39,600 $10,640 $28,960
2014 $956 $13,320 $4,200 $9,120
Source: Public Records

Agents Affiliated with this Home

  • CB

    Landlord's Agent in 2026

    Clyde Brigman

    Excalibur Homes, LLC

    (404) 732-2215

    3 Total Sales

    Clyde Brigman
    Section Image

  • NA

    Tenant's Agent in 2026

    No Sales Agent

    Non-Mls Company

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Map

Source: Georgia MLS

MLS Number: 10660766

Georgia MLS

APN: 15-126-05-010

Georgia DeKalb County Decatur 30034 Southwest DeKalb

4140 Rainbow Dr, Decatur, GA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS 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 2026 Georgia MLS. All rights reserved.

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