Closed
$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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Owner options
Explore your selling options
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#: 10263437
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
| Date | Event | Price |
|---|---|---|
| 4/11/2024 | Sold | $255,000$102/sqft |
Source: | ||
| 3/12/2024 | Pending sale | $255,000$102/sqft |
Source: | ||
| 3/7/2024 | Listed for sale | $255,000+15.4%$102/sqft |
Source: | ||
| 5/20/2021 | Sold | $221,000+22.8%$89/sqft |
Source: | ||
| 5/1/2021 | Pending sale | $180,000$72/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 4/10Columbia Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Columbia Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Columbia High SchoolGrades: 9-12Distance: 1.3 mi
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
