NOT LISTED FOR SALE

5557 Rainbow Ridge Way Decatur, GA 30034

Southwest DeKalb Neighborhood

Estimated Value: $257,306 - $282,000

4 Beds
2.5 Baths
2,282 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $161,000 $71 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,638/month

Highlights

  • Deck
  • Wooded Lot
  • Traditional Architecture
  • Property is near public transit
  • Oversized primary bedroom
  • Bonus Room

About This Home

As of April 2020

BRAND NEW LISTING! AWESOME SPLIT LEVEL FAMILY HOME WITH 4 BEDROOMS 2 1/2 BATHS! 3 BEDROOMS UPSTAIRS - ONE SUPER LARGE BEDROOM/BONUS ROOM WITH RECENTLY ADDED PRIVATE HALF BATH ON MAIN LEVEL <-- UNUSUAL TO FIND IN THIS TYPE FLOORPLAN & WOULD MAKE AN IDEAL IN-LAW SUITE! EAT-IN KITCHEN WITH BREAKFAST ROOM OVERLOOKS LARGE, LOWER LEVEL FAMILY ROOM WITH WALL OF BUILT-INS! LARGE FORMAL LIVING ROOM & SEPARATE DINING ROOM! OVERSIZED BEDROOMS UPSTAIRS WITH NICE WALK-IN CLOSETS! OVERSIZED MASTER SUITE WITH 2 CLOSETS & PRIVATE FULL BATH! REAR ENTRY GARAGE WITH SEPARATE STORAGE RM! EXCELLENT LOCATION WITH SUPER QUICK ACCESS TO I-20 & MINUTES TO I-285! CLOSE TO SHOPPING, RESTAURANTS AND MARTA *SOLD AS-IS* BETTA HURRY!!

Last Agent to Sell the Property

Cindy Beamon

Southern Classic Realtors License #228322 Listed on: 02/19/2020

Southern Classic Realtors

Last Buyer's Agent

KATRINA PRESLEY

Atlanta Communities License #292813

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $647

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 150 x 81
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard
  • Land Lease

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Drive Under Main Level
  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,282 Sq Ft Home
  • Roommate Plan
  • Bookcases
  • Ceiling Fan
  • Private Rear Entry
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Country Kitchen
  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding
  • Front Porch

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Columbia Elementary School
  • Columbia - Dekalb Middle School
  • Columbia High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Knollview Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / C
  • Assessor Parcel Number 15 123 08 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$647

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1968
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Refrigerator
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Entrance Foyer, His and Hers Closets, Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Cabinets Stain, Country Kitchen, Eat-in Kitchen, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Family Room, Living Room
  • Dining Room Features: Great Room, Separate Dining Room
  • Square Footage: 2282.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master, Roommate Floor Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Exterior Features: Private Rear Entry, Private Yard, Storage

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Drive Under Main Level, Driveway, Garage, Garage Faces Rear, Storage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Public Transportation, Street Lights
  • Subdivision Complex: Knollview

Schools

  • Elementary School: Columbia
  • Middle School: Columbia - Dekalb
  • High School: Columbia

Lot Info

  • Acres: 0.3000
  • Lot: 1
  • Land/Lot: 123
  • Section G M D: A
  • Plat Book: 49
  • Plat Page: 73
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Wooded
  • Lot Dimensions: 150 x 81
  • Parcel Number: 15 123 08 001
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 647.00
  • Assessor Parcel Number: 15-123-08-001
  • Close Date: 2020-04-30
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Columbia
  • High School: Columbia
  • Middle School: Columbia - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Apr 30, 2020
Sold by
Clark Del H
Bought by
Rivera Eroildo Torres
Seller's Agent
Cindy Beamon
Southern Classic Realtors
Buyer's Agent
KATRINA PRESLEY
Atlanta Communities
List Price
$158,000
Sold Price
$161,000
Premium/Discount to List
$3,000
1.9%
Current Estimated Value
$269,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,577
Avg. Annual Appreciation
9.44%
Original Mortgage
$156,170
Outstanding Balance
$140,489
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$121,360

Purchase Details

Closed on
Nov 5, 2019
Sold by
Hightower Chris S
Bought by
Clark Del Hightower

Purchase Details

Closed on
Feb 12, 2003
Sold by
Hightower Clark Del
Bought by
Hightower Ann N
Source: Public Records

Range of Values:

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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
Rivera Eroildo Torres $161,000 --
Clark Del Hightower -- --
Hightower Ann N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Eroildo Torres $156,170
Previous Owner Hightower + Ann N $60,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $161,000 +1.9% $71 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/20/2020 03/20/20 Price Changed $158,000 0.0% $69 / Sq Ft
03/20/2020 03/20/20 For Sale $158,000 -6.2% $69 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $168,500 -- $74 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2024 $2,584 $90,520 $8,000 $82,520
2023 $2,584 $101,880 $8,000 $93,880
2022 $2,500 $90,240 $8,000 $82,240
2021 $1,836 $61,440 $8,000 $53,440
2020 $2,161 $41,360 $8,000 $33,360
2019 $647 $41,600 $4,080 $37,520
2018 $582 $33,640 $4,080 $29,560
2017 $716 $44,480 $4,080 $40,400
2016 $631 $39,720 $4,080 $35,640
2014 $412 $20,720 $4,000 $16,720
Source: Public Records

Agents Affiliated with this Home

  • Cindy Beamon

    Seller's Agent in 2020

    Cindy Beamon

    Southern Classic Realtors

    (678) 357-6990

    1 in this area

    41 Total Sales

    Cindy Beamon
    Section Image
  • KATRINA PRESLEY

    Buyer's Agent in 2020

    KATRINA PRESLEY

    Atlanta Communities

    (678) 510-8569

    6 Total Sales

    KATRINA PRESLEY
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6682669

First Multiple Listing Service (FMLS)

APN: 15-123-08-001

Georgia DeKalb County Decatur 30034 Southwest DeKalb

5557 Rainbow Ridge Way, Decatur, GA

This home is located at 5557 Rainbow Ridge Way, Decatur, GA 30034 since 19 February 2020 and is currently estimated at $269,577, approximately $118 per square foot. This property was built in 1968. 5557 Rainbow Ridge Way is a home located in DeKalb County with nearby schools including Columbia Elementary School, Columbia Middle School, and Columbia High School.

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