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  • $255,000

    3646 Rainbow Dr, Decatur, GA 30034

    10beds
    2,497sqft
    Single Family Residence
    Built in 1967
    0.4 Acres Lot
    $333,500 Zestimate®
    $102/sqft
    $2,550 Estimated rent

    Home value

    $333,500

    $293,000 - $374,000

    $2,550/mo

    Zestimate® history
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    What's special

    BEHOLD this rare opportunity to purchase a seasoned PadSplit coliving home with optional turnkey management. This fully occupied rental is conveniently located minutes from major employers, including Hartsfield-Jackson International Airport. Its proximity to I-20 / I-285 ensures superb connectivity for its occupants. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated Superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. Part of a portfolio, contact the listing agent if you are interested in purchasing multiple properties with a similar setup. OFFER REQUIREMENTS: Property sold as-is, do all due diligence before submitting an offer, $7,500 EM, the closing attorney must be the Fryer Law Firm

    Zillow last checked: 8 hours ago

    Listing updated: April 11, 2024 at 01:44pm

    Listed by:

    Josh Stanton 404-590-7137,

    Keller Williams Realty

    Bought with:

    Brandon Beamer, 421708

    Keller Williams Realty

    Source: GAMLS,MLS#: 10263437MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 3
    • Main level bedrooms: 7
    Kitchen
    • Features: Solid Surface Counters
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Refrigerator
    • Laundry: In Basement
    Features
    • Other
    • Flooring: Hardwood, Tile
    • Basement: Finished
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,497
    • Total interior livable area: 2,497 sqft
    • Finished area above ground: 2,497
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Garage, Off Street
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Body of water: None
    Lot
    • Size: 0.40 Acres
    • Features: Other
    Details
    • Parcel number: 15 124 03 005
    • Special conditions: As Is,Investor Owned,No Disclosure

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Brick 4 Side,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Decatur
    • Subdivision: Kings Park

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/11/2024Sold$255,000$102/sqft
    Source: GAMLS #10263437 Report a problem
    3/12/2024Pending sale$255,000$102/sqft
    Source: GAMLS #10263437 Report a problem
    3/7/2024Listed for sale$255,000+15.4%$102/sqft
    Source: GAMLS #10263437 Report a problem
    5/20/2021Sold$221,000+22.8%$89/sqft
    Source: GAMLS #8967904 Report a problem
    5/1/2021Pending sale$180,000$72/sqft
    Source: GAMLS #8967904 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,755 +6.6%$121,120 +7.2%
    2024$5,400 +3.1%$113,000 +2.4%
    2023$5,235 +51.7%$110,400 +56.4%

    Find assessor info on the county website

    Neighborhood: 30034

    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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    Estimated market value$333,500
    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
    $333,500