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Sold for $492,000
  • $492,000

    203 Rainbow Dr, Lookout Mountain, GA 30750

    4beds
    2,825sqft
    Single Family Residence
    Built in 1957
    1.06 Acres Lot
    $578,800 Zestimate®
    $174/sqft
    $3,130 Estimated rent

    Home value

    $578,800

    $532,000 - $637,000

    $3,130/mo

    Zestimate® history
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    What's special

    Dreaming of Fairyland? Here's your chance to make this nice, big Lookout Mountain Georgia home on an acre all your own! Built in the 50's and loved by the same family this whole time, this rancher with a partial basement offers lots of space. A nice vaulted SunRoom makes you feel like you are in the woods with it's big windows, and it adjoins a wonderful Family Room with a wood burning fireplace. A spacious Kitchen and Formal Dining Room join these areas together for a nice flow. From the kitchen, there is loads of room for the whole family to spread out in the 30 X 30 Den with a mountain stone wood burning Fireplace. Four bedrooms and two full baths are on the main level. Original Hardwood Floors! A nice added bonus is a great Rec Room plus Office/Hobby/Crafts space in the finished basement. This can be accessed from outside as well as the crawl space from a separate door. One of the very best features is this huge 1 acre lot that will be your very own slice of historic Lookout Mountain! Way back when, the seller brought in loads of dirt to level the backyard, but underneath it is rock! At the very back is your own ''mini Rock City'' with Rock Formations that step and drop into the gully below. And if that's not enough, how about this huge In Ground Swimming Pool for lots of fun in the sun all summer long. Zoned for Fairyland Elementary School and a hop and skip to Rock City. Several natural rock formations accent this large lot to remind you how lucky you are to own a little piece of one of the most iconic Mountains in the South.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sherri W Pratt 423-760-6062,

    Horizon Sotheby's International Realty

    Bought with:

    Micah Hall, 357836

    EXP Realty LLC

    Source: Greater Chattanooga Realtors,MLS#: 1394798

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Bathroom
    • Description: Full Bathroom
    • Level: First
    Bathroom
    • Description: Full Bathroom
    • Level: First
    Bonus room
    • Description: Special Room
    • Level: Basement
    Dining room
    • Level: First
    Family room
    • Level: First
    Great room
    • Level: First
    Office
    • Level: Basement
    Heating
    • Ceiling, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Electric Water Heater, Wall Oven
    • Laundry: Laundry Closet
    Features
    • Eat-in Kitchen, Primary Downstairs, Separate Dining Room
    • Flooring: Carpet, Hardwood, Linoleum, Tile
    • Windows: Aluminum Frames
    • Basement: Crawl Space,Finished,Partial
    • Number of fireplaces: 2
    • Fireplace features: Great Room, Living Room, Wood Burning
    Interior area
    • Total structure area: 2,825
    • Total interior livable area: 2,825 sqft
    • Finished area above ground: 2,825

    Property

    Parking
    • Parking features: Garage Faces Side, Kitchen Level
    • Has attached garage: Yes
    • Has carport: Yes
    Features
    • Levels: One
    • Patio & porch: Deck, Patio, Porch, Porch - Covered
    • Pool features: In Ground
    • Fencing: Fenced
    Lot
    • Size: 1.06 Acres
    • Dimensions: 100 x 380
    • Features: Gentle Sloping, Level
    Details
    • Additional structures: Outbuilding
    • Parcel number: 4017 008
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Fairyland
    HOA
    • Has HOA: No
    Location
    • Region: Lookout Mountain

    Financial & listing details

    • Price per square foot: $174/sqft
    • Tax assessed value: $493,585
    • Annual tax amount: $5,530
    • Date on market: 6/29/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/15/2024Sold$492,000-1.6%$174/sqft
    Source: Greater Chattanooga Realtors #1394798 Report a problem
    9/7/2024Contingent$500,000$177/sqft
    Source: Greater Chattanooga Realtors #1394798 Report a problem
    8/27/2024Price change$500,000-4.8%$177/sqft
    Source: Greater Chattanooga Realtors #1394798 Report a problem
    7/20/2024Price change$525,000-0.9%$186/sqft
    Source: Greater Chattanooga Realtors #1394798 Report a problem
    6/29/2024Listed for sale$529,900$188/sqft
    Source: Greater Chattanooga Realtors #1394798 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,791 +223.9%$197,434 -0.7%
    2024$1,788 +4.5%$198,882 +3.8%
    2023$1,711 +3.8%$191,550 +31%
    2022$1,648 +2.8%$146,256 +18%
    2021$1,602 +5%$123,958 +18.4%
    2020$1,526 +2.6%$104,730
    2019$1,488 -19.8%$104,730
    2018$1,855 +307.6%$104,730
    2017$455 $104,730
    2016$455 +458%$104,730 +28.3%
    2015$82 -0.7%$81,653
    2014$82 $81,653
    2013$82 $81,653
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    Find assessor info on the county website

    Neighborhood: 30750

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairyland Elementary School
    • Middle: Chattanooga Valley Middle
    • High: Ridgeland High School

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $578,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $578,800