Redfin is joining Rocket

Discover how we're simplifying your journey home.

$70,000

3554 Rainbow Dr Decatur, GA 30034

1.2 acres
Land

Property details

About 3554 Rainbow Dr

Two Buildable Basement Lots in Decatur -Lots have access to all utilities: Sanitary Sewer Manhole is located at the rear of the property, Electricity and Water are at the street. -These are two land lots with separate addresses. -Land naturally slopes to the rear of the lots, which allows for construction of daylight basements by cutting embankment instead of using backfill. -The size of each lot allows for the construction of a 5,000+ sq. ft. home on each lot with the option to construct an Accessory Dwelling Unit, while maintaining the natural beauty and privacy that is associated with a wooded lot. -Property is located 15 minutes (12 miles) from Downtown Atlanta and 20 minutes (14 miles) from Midtown Atlanta. -GDOT will be constructing a sound barrier along the west side of the property.

Highlights

Home typeUnimproved Land
StatusActive
Lot size1.2 Acres
MLS #10527639

Summary

  • List Price: $70,000
  • Annual Tax Amount: $1,218
  • Tax Year: 2024
  • Lot: Level
  • Directions: Head northeast on I-285 E, Take exit 48 for GA-155 toward Flat Shoals Rd/Candler Rd, Use the right 2 lanes to turn right onto GA-155 S S/Flat Shoals Pkwy, Turn left onto Columbia Dr, Turn right onto Rainbow Dr., Destination will be on the left.
  • Lot Size: 1.2 Acres
  • MLS Number: 10527639
  • MLS Name: Georgia MLS 2
  • Office Name: Listwithfreedom.com INC
  • Listing Agent: Ralph M Harvey III

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 1:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 09, 2022
Home Sold
$37,500
Aug 29, 2018
Home Sold
$17,500

Tax history

YearAssessmentProperty Tax
2024$25,600$1,218
2022$14,400$732
2021$14,400$732
2020$14,400$732
2018$14,200$726
2017$14,200$726

History based on county public records data.

Nearby schools

3

Columbia Elementary School

Public District PK-5

1.1 mi

3230 Columbia Woods Dr

4

Rainbow Elementary School

Public District PK-5

1.2 mi

2801 Kelley Chapel Rd

5

Bob Mathis Elementary School

Public District PK-5

1.3 mi

3505 Boring Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,528. Residents of Decatur, GA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
46%
35k-100k
25%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
18%
Single, with Kids
25%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • College BasketballCollege Basketball
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • DillardsDillards
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Logan's RoadhouseLogan's Roadhouse
  • WingstopWingstop

What do the neighbors drive?

  • BuickBuick
  • HyundaiHyundai
  • NissanNissan

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Christian Adult ContemporaryChristian Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 3554 Rainbow Dr

The listing price of 3554 Rainbow Dr property is $70,000.

The property 3554 Rainbow Dr is land located in Decatur, Georgia, 30034.

Active Listing: 3554 Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3554 Rainbow Dr are: Columbia Elementary School (GreatSchools Rating 3/10), Rainbow Elementary School (GreatSchools Rating 4/10), Bob Mathis Elementary School (GreatSchools Rating 5/10), Columbia Middle School (GreatSchools Rating 4/10), Chapel Hill Middle School (GreatSchools Rating 5/10), Wadsworth Magnet School for High Achievers (GreatSchools Rating 9/10), Southwest Dekalb High School (GreatSchools Rating 5/10), Columbia High School (GreatSchools Rating 2/10), Towers High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $1,218 (source: MLS/based on county public records data).

The last sale was on December 9, 2022 for $37,500 (source: MLS/tax record).

The property 3554 Rainbow Dr is 1.2 acres.

This home is located at 3554 Rainbow Dr in Decatur, GA and zip code 30034. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $70,000.

Over 68 listings were sold over their listed price in June 2025 in Decatur, GA. In the same period over 102 listings were sold below the listed price and 53 listings were sold for the listed price. The number of listings in Decatur, GA increased by 6.9% between May and June 2025. While the average time on the market in June 2025 was 39 days, the median list price was $314,622.

From Rocket Homes Real Estate and based on county public records data.

More resources