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$475,000

Listing Price

6beds

3.5baths

4,121sqft

30,056sqft lot

4071 Rainbow Dr, Decatur, GA 30034

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

107.8

Price / sqft

1965

Year built

Home Details

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.

Interior Details

Square Feet
  • 4121

Bedrooms
  • 6

Bathrooms
  • 3.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 30056

Water
  • No

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$436

$8,000

$36,000

--%

$44,000

2019

$367

$8,000

$30,840

--%

$38,840

2017

$422

$8,000

$30,960

--%

$38,960

2017

$422

$8,000

$27,920

--%

$35,920

2016

$425

$8,000

$35,600

--%

$43,600

2014

$96

$3,120

$10,600

--%

$13,720

2013

$96

$3,120

$10,600

--%

$13,720

2012

$96

$3,120

$10,600

--%

$13,720

percent-home-icon

Average Home Price in 30034

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$502,863

5 Beds

4 Baths

3,548 Sqft

18,731 Lot (sqft)

Sold 10/06/2026

$375,000

5 Beds

5 Baths

4,227 Sqft

47,916 Lot (sqft)

Sold 09/29/2026

$248,538

5 Beds

3 Baths

3,513 Sqft

24,829 Lot (sqft)

Sold 10/06/2026

$475,000

6 Beds

3.5 Baths

4,121 Sqft

30,056 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
475,000
$
Down payment
95,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,850
$
HOA (Monthly)
0
$
PMI
0
$
$3,075
Your Payment
Total Monthly Payment:$3,075
Percent of Income:53%
Affordable:No

Details for 4071 RAINBOW DR

Property Debt

Foreclosure Contact Details

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