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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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Share Save

4071 Rainbow Drive

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

Monthly Estimate*

$ 1,828

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
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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. Lockbox is located on the back door on the deck. The seller is also selling the adjacent land lot 4059 Rainbow Dr. (MLS#7379289) that can be purchase as a combination. These are two lots with separate addresses.

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Single Family Contingent

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

7379364
Features
General
Interior Features Bookcases Disappearing Attic Stairs High Ceilings 10 ft Main
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Roof Composition Shingle Slate
Appliances Dishwasher Disposal Double Oven Electric Cooktop Electric Oven Microwave Range Hood Refrigerator
Exterior Features Private Yard
Garage Spaces 2
Patio/Porch Features Deck Front Porch
Architectural Style Traditional
Pool Features None
Security Features None
Construction Materials Other
Year Built 1965
Electric None
View Other
Levels One
Property SubType Single Family Residence
Tax Year 2023
Waterfront Features N
Community Features None
Accessibility None
HOA Fee 2 0
County Dekalb - GA
Property Type Residential
HOA / Comm Assn No
Energy Efficient None
Subdivision Name none
Green Energy Generation None
Other Structures Gazebo
Status Active Under Contract
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
Body of Water None
Street Name Rainbow
Spa Features None
Elementary School Rainbow
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5523
Home Warranty Y/N No
Middle/Junior High School Chapel Hill - Dekalb
Property Condition Fixer
Days on Market 23
Standard Status Active Under Contract
Occupancy Type Vacant
Tax Lot 0
Legal Description 118 X 250 X 120 X 250 . . . . . . . . 0.696AC 10-01-04
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Interior
Basement Finished
Flooring Carpet Ceramic Tile Hardwood
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Window Features None
Above Grade Finished Area 2398
Full Baths 3
Half Baths 0
Street Suffix Drive
Laundry Features Laundry Room
Total Bedrooms 4
Below Grade Finished Area 1723
Room Type Family Room
Main Level Bedrooms 4
Main Level Bathrooms 3
Kitchen Features Eat-in Kitchen
Total Baths 3
Master Bathroom Features Tub/Shower Combo
Dining Room Features None
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Exterior
Fencing None
Parking Features Driveway Garage Garage Faces Side
Lot Features Back Yard Front Yard
Water Source Public
Foundation Details Brick/Mortar Concrete Perimeter Slab
Building Area Total 4121
Lot Dimensions 255 x 120
Lot Size Acres 0.7
Road Surface Type Concrete
Lot Size Source Public Records
Road Frontage Type Other
Other Equipment None
Open Parking Y/N Yes
Horse Amenities None
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Internal Only
Street Number 1 4071
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* Excluded Features
List By
Natasha Atkinson

Listing Agent

Bhgre Metro Brokers

Broker

Natasha.Atkinson@metrobrokers.com

Email

Affordability Calculator

$2,288
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,828
Monthly Property Taxes
$460
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
1926095 Elementary School
1929092 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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