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4071 Rainbow Drive Decatur, GA $ 275,000
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$ 275,000 Get more info
4071 Rainbow Drive
$ 275,000
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4071 Rainbow Drive

Decatur, GA, 30034
$ 275,000
Bedrooms4 Baths3.0 Sq 4,121

Monthly Estimate*

$ 1,921

4071 Rainbow Drive, Decatur, GA 30034 - Image 1
4071 Rainbow Drive, Decatur, GA 30034 - Image 2
4071 Rainbow Drive, Decatur, GA 30034 - Image 3
4071 Rainbow Drive, Decatur, GA 30034 - Image 4
4071 Rainbow Drive, Decatur, GA 30034 - Image 5

Single Family Home for sale in Decatur, GA

for $275,000 with 4 bedrooms and 3 full baths. This 4,121 square foot home was built in 1965 on a lot size of 0.7.

Act now to transform this lot into a lucrative asset! Located within 20 minutes from Downtown Atlanta and Atlanta Hartsfield Airport. Less than one mile from schools, libraries, public transportation, highways, shopping and dining. This is an excellent investment opportunity with no rental restrictions being sold "As is". This home has great potential for increased value. All it needs is work to restore its natural beauty. Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Seller will not clean out property prior to settlement. Watch your step when viewing the property and use a flashlight - no electricity. WARNING! THERE IS UNLEVEL FLOORING WITH WEAK AREAS IN THE FAMILY ROOM. PROPERTY HAS BEEN UNPROTECTED FROM THE WEATHER AND THE ROOF HAS HOLES IN IT. PLEASE BE CAREFUL UPON ENTERING AT YOUR OWN RISK. The seller is also selling the adjacent land lot 4059 Rainbow Dr. (MLS#10290756) that can be purchase as a combination. These are two lots with separate addresses.

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Single Family Active

Price

$ 275,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 5,523

Style

Traditional

Lot Size

0.7

Year Built

1965

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

10290843
Features
General
Interior Features Bookcases
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Roof Composition Slate
Appliances Dishwasher Disposal Double Oven Microwave Refrigerator
HOA 0
Association Fee Includes None
Patio/Porch Features Deck
Architectural Style Traditional
Construction Materials Other
Year Built 1965
Levels One
Property SubType Single Family Residence
Tax Year 2023
Community Features None
County DeKalb
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name none
Garage Y/N Y
Other Structures Gazebo
Status Active
Directions From Atlanta-I-20E to Exit 68. Right onto Wesley Chapel Rd. Right onto Rainbow Dr. Pass the 1st red light (Kelly Chapel Rd). Property is the second house on the left.
High School Southwest Dekalb
City Decatur
Buyer Agent Compensation 3
Body of Water None
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 30492
Waterfront Y/N N
Carport Y/N N
Street Name Rainbow
Elementary School Rainbow
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5523
Home Warranty Y/N N
Middle/Junior High School Chapel Hill
Property Condition Fixer
Structure Type House
Building Area Units Square Feet
Standard Status Active
Occupancy Description Vacant
Buyer Agent Compensation Type %
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Interior
Basement Finished
Flooring Carpet Hardwood Tile
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2398
Full Baths 3
Half Baths 0
Street Suffix Drive
Laundry Features Other
Total Bedrooms 4
Below Grade Finished Area 1723
Electric On Property Y/N Y
Main Level Bedrooms 4
Main Level Bathrooms 3
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Area
Total Baths 3
Living Area Units Square Feet
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Exterior
Parking Features Garage Side/Rear Entrance
Lot Features Private
Water Source Public
Total Parking 2
Lot Size Area 30492
Foundation Details Slab
Spa N
Building Area Total 4121
Lot Size Acres 0.7
Lot Size Units Square Feet
Lot Size Source Public Records
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Bhgre Metro Brokers

Broker

natasha.atkinson@metrobrokers.com

Email

Affordability Calculator

$2,381
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,921
Monthly Property Taxes
$460
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4133259 Elementary School
4136297 Middle School
Southwest Dekalb High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2024$275,000 Listed Price

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4071 Rainbow Drive, Decatur, GA, 30034 is a Single Family Home for sale at $275,000 with 4,121 sqft and a lot size of 0.7. 4071 Rainbow Drive has 4 bedrooms, 3.0 baths, and was built in 1965. The property's zip code is 30034 which is in Decatur, GA

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