NOT LISTED FOR SALE

5550 Rainbow Ridge Way Unit 1 Decatur, GA 30034

Southwest DeKalb Neighborhood

Estimated Value: $227,000 - $299,000

4 Beds
3 Baths
2,325 Sq Ft
$115/Sq Ft Est. Value

About This Home

This home is located at 5550 Rainbow Ridge Way Unit 1, Decatur, GA 30034 and is currently estimated at $268,366, approximately $115 per square foot. 5550 Rainbow Ridge Way Unit 1 is a home located in DeKalb County with nearby schools including Columbia Elementary School, Columbia Middle School, and Columbia High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2006
Sold by
Bank Of New York 2005-1
Bought by
Ramey Lee N
Current Estimated Value
$265,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,120
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2006
Sold by
Parks Jonathan and Parks Tachika
Bought by
Bank Of New York 2005-1

Purchase Details

Closed on
Jun 30, 1999
Sold by
Sorrells Sorelle
Bought by
Parks Jonathan and Parks Tachika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
7.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Ramey Lee N $118,900 --
Bank Of New York 2005-1 $106,250 --
Parks Jonathan $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramey Lee N $95,120
Previous Owner Parks Jonathan $117,800
Source: Public Records

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 $2,583 $98,200 $12,000 $86,200
2024 $2,415 $89,720 $8,000 $81,720
2023 $2,415 $99,640 $8,000 $91,640
2022 $2,310 $88,840 $8,000 $80,840
2021 $1,656 $60,480 $8,000 $52,480
2020 $1,197 $40,400 $8,000 $32,400
2019 $1,209 $41,240 $4,080 $37,160
2018 $1,040 $32,440 $4,080 $28,360
2017 $1,338 $45,680 $4,080 $41,600
2016 $1,202 $40,640 $4,080 $36,560
2014 $651 $20,120 $4,000 $16,120
Source: Public Records

Map

Georgia DeKalb County Decatur 30034 Southwest DeKalb

5550 Rainbow Ridge Way Unit 1, Decatur, GA

Not Listed for Sale

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