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$215,000

4048 Rainbow Dr Decatur, GA 30034

4 beds
2 full, 1 partial
2,254 sqft
0.6 acres
$95 / sqft
House

Property details

About 4048 Rainbow Dr

Fiixer upper here with a ton of potential! Great opportunity to make it your own. The house features 4 bedrooms and 2 full baths, with an additional half bath. House also has an open design perfect for family gatherings and a private lot. Lots of natural light throughout the home with a fieplace perfect for family gatherings. Some included features are master on the main, a spacious open kitchen leading into the dining room, a large front porch. The second level boasts a large bedroom and bonus room! There is some TLC needed, but with a little work it will make a great house. Don't let this one get away!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size2,254 sqft
BasementYes
Lot size0.59 Acres
Year built1969
ParkingGarage
MLS #7518653
Garage2 spaces
FireplaceBrick, Living Room, Stone
ViewCity

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Range Hood, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Entrance Foyer, Other
  • Fireplace: Brick, Living Room, Stone
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Private Pool: No
  • Parking: Garage
  • Waterfront: None
  • View: City
  • Exterior: Other
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $215,000
  • Price/SqFt: $95
  • Annual Tax Amount: $4,983
  • Tax Year: 2024
  • Lot: Back Yard, Front Yard, Other
  • Directions: Please use GPS
  • Year Built: 1969
  • Living Area: 2,254 SqFt
  • Lot Size: 0.59 Acres
  • MLS Number: 7518653
  • MLS Name: First Multiple Listing Service
  • Office Name: Prestige Brokers Group, LLC.
  • Office Phone: (404) 418-8908
  • Listing Agent: Justin Bell

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 30, 2015
Home Sold
$46,000

Tax history

YearAssessmentProperty Tax
2024$102,640$4,983
2022$99,960$4,776
2021$55,400$2,820
2020$55,400$2,820
2018$61,000$1,200
2017$18,400$1,200

History based on county public records data.

Nearby schools

4

Rainbow Elementary School

Public District PK-5

0.2 mi

2801 Kelley Chapel Rd

4

Canby Lane Elementary School

Public District PK-5

1.0 mi

4150 Green Hawk Trl

5

Bob Mathis Elementary School

Public District PK-5

1.5 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. The majority of Decatur, GA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

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 4048 Rainbow Dr

The listing price of 4048 Rainbow Dr property is $215,000.

The property 4048 Rainbow Dr is a house located in Decatur, Georgia, 30034.

Accepting Backup Offers: 4048 Rainbow Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 4048 Rainbow Dr are: Rainbow Elementary School (GreatSchools Rating 4/10), Canby Lane 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), Mary McLeod Bethune Middle School (GreatSchools Rating 3/10), 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 $4,983 (source: MLS/based on county public records data).

The last sale was on March 30, 2015 for $46,000 (source: MLS/tax record).

The property at 4048 Rainbow Dr has 4 bedrooms and 2 full and 1 half bathrooms.

The property 4048 Rainbow Dr is 2,254 SqFt (source: MLS/tax record).

The year of construction for 4048 Rainbow Dr is 1969.

This home is located at 4048 Rainbow Dr in Decatur, GA and zip code 30034. This 2,254 square foot home, which was built in 1969, sits on a 0.59 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $215,000.

While more than 68 listings in Decatur, GA in June 2025 were sold above asking price, there were more than 53 listings sold at asking price, and more than 102 were sold below. The number of listings in Decatur, GA increased by 6.9% between May and June 2025. The median list price of listings available in June 2025 was $314,622, while the average time on the real estate market was 39 days.

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

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