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    • $465,000

    3421 Rainbow Dr, Decatur, GA 30034

    6beds
    7,677sqft
    : 
    $3,167/mo
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    Single Family Residence
    Built in 1966
    0.57 Acres Lot
    $542,800 Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Site-finished hardwood floorsTall ceilingsGenerously sized rooms throughoutLarge walk-in closetSpacious bathroomFull basement apartmentSpacious four-sided brick home
    Calling all investors and savvy buyers! Don't miss this spacious four-sided brick home with a full basement apartment offering excellent income producing potential. The home features generously sized rooms throughout, tall ceilings, site-finished hardwood floors, and extensive molding that showcase its original craftsmanship. The open kitchen includes an island with a breakfast bar and a bright bay window overlooking the backyard. The oversized primary suite offers a large walk-in closet and a spacious bathroom, while a secondary bedroom features its own private ensuite bath. The finished basement apartment includes two bedrooms, a full kitchen, living area, and full bathroom ideal for rental income, multigenerational living, or guests. The property also offers two separate parking areas with access from different sides of the home, allowing convenient dedicated parking for the basement apartment. This home is ready for updates and repairs but offers solid construction, a versatile floor plan, and exceptional space. With the right vision and improvements, this property presents a fantastic opportunity to build equity or create a strong investment.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rachael King 7708261805,

    Real Broker, LLC

    Source: GAMLS,MLS#: 10813724MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      • Main level bathrooms: 4
      • Main level bedrooms: 4
      Rooms
      • Room types: Den, Family Room, Foyer, Laundry, Office, Sun Room
      Dining room
      • Features: Seats 12+, Separate Room
      Kitchen
      • Features: Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
      Heating
      • Natural Gas, Zoned
      Cooling
      • Ceiling Fan(s), Central Air, Zoned
      Appliances
      • Included: Cooktop, Dishwasher, Gas Water Heater, Microwave, Oven, Stainless Steel Appliance(s)
      • Laundry: Other
      Features
      • Bookcases, Double Vanity, High Ceilings, Master On Main Level, Separate Shower, Tile Bath, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Hardwood, Laminate, Tile
      • Windows: Double Pane Windows
      • Basement: Bath Finished,Daylight,Exterior Entry,Finished,Full,Interior Entry
      • Number of fireplaces: 1
      • Fireplace features: Family Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 7,677
      • Total interior livable area: 7,677 sqft
      • Finished area above ground: 6,677
      • Finished area below ground: 1,000

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance
      • Has attached garage: Yes
      Accessibility
      • Accessibility features: Accessible Full Bath
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Porch
      • Has spa: Yes
      • Spa features: Bath
      • Has view: Yes
      • View description: City
      • Body of water: None
      Lot
      • Size: 0.57 Acres
      • Features: Corner Lot
      • Residential vegetation: Grassed
      Details
      • Parcel number: 15 123 02 060
      • Special conditions: As Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Brick 4 Side,Ranch,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1966

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Connected, Water Available
      Green energy
      • Energy efficient items: Appliances, Thermostat

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: Rainbow Estates
      HOA
      • Has HOA: No
      • Services included: Other
      Location
      • Region: Decatur

      Financial & listing details

      • Price per square foot: $61/sqft
      • Tax assessed value: $652,000
      • Annual tax amount: $1,533
      • Date on market: 7/31/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash
      • Electric utility on property: Yes

        Estimated market value

        $542,800

        $478,000 - $608,000

        $5,399/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$465,000+334.6%$61/sqft
        Source: GAMLS #10813724 Report a problem
        3/1/1996Sold$107,000$14/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,533 -12.8%$260,800 +1.2%
        2024$1,759 +9%$257,680 +18.9%
        2023$1,613 -9.2%$216,680 -1.1%
        2022$1,777 $219,160 +15.7%
        2021$1,777 +6.6%$189,400 +26.8%
        2020$1,667 +6.7%$149,400 +2.8%
        2019$1,563 +57.6%$145,280 +53.9%
        2018$991 -53.5%$94,400
        2017$2,133 +126%$94,400 -8.2%
        2016$944 $102,840 +301.7%
        2014$944 $25,600
        2013-- $25,600
        2012-- $25,600 -20%
        2011-- $32,016 -74.9%
        2010$1,401 -16.1%$127,424 -20%
        2009$1,669 +104.5%$159,280 0%
        2008$816 -2.6%$159,320 +127.7%
        2007$838 $69,960
        2006$838 +18.4%$69,960 +10.7%
        2005$708 +5.8%$63,200 +2.1%
        2004$669 +11.7%$61,880 +2.1%
        2003$599 +35.5%$60,600
        2002$442 -50.2%$60,600 +10.3%
        2001$888 $54,960
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Panthersville

        Getting around

        27 / 100
        Car-Dependent
        39 / 100
        Some Transit
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rainbow
        • Middle: Chapel Hill
        • High: Southwest Dekalb

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

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