It's the LAND on this one! Discover timeless charm and endless potential with this estate-owned 4-sided brick ranch, nestled on a sprawling 3.66-acre lot in the heart of Decatur. This solid, well-built home offers a rare opportunity to own a private retreat with room to expand, renovate, or redevelop. This classic Mid-century Modern ranch-style residence features 3 bedrooms and 2 bathrooms, a full daylight basement, and original hardwood floors throughout most of the main level. The spacious living room is filled with natural light, while the vintage kitchen and separate dining area provide the perfect canvas for your personal touch. Enjoy peaceful mornings on the rear patio overlooking the expansive backyard, surrounded by mature trees and open green space. The full unfinished basement offers ample storage, workshop space, or potential for additional living areas or rental income. With endless possibilities, this property is ideal for homeowners, investors, or developers looking for acreage in a rapidly growing area. Located just minutes from I-285, downtown Decatur, East Atlanta, and major retail and dining, this home offers both convenience and privacy. This property is part of an Estate sale and is sold as-is. Don’t miss this unique opportunity to own acreage in Decatur with solid bones and so much potential! The seller is happy to sell any furniture currently in the home. You do not want to miss this opportunity.
Closed
$359,000
3997 Rainbow Dr, Decatur, GA 30034
3beds
1,723sqft
Single Family Residence, Residential
Built in 1955
3.66 Acres Lot
$349,700 Zestimate®
$208/sqft
$1,975 Estimated rent
Home value
$349,700
$332,000 - $367,000
$1,975/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 22, 2025 at 10:57pm
Listing Provided by:
Ashley Mandowa Mora,
Mandowa and Company 770-330-7212
Bought with:
Latoya Winfrey, 394804
Core Realty and Associates, LLC
Source: FMLS GA,MLS#: 7628003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Master on Main, Oversized Master, Other
- Level: Master on Main, Oversized Master, Other
Bedroom
- Features: Master on Main, Oversized Master, Other
Primary bathroom
- Features: Other
Dining room
- Features: Separate Dining Room
Kitchen
- Features: Cabinets White, Eat-in Kitchen, Other Surface Counters, View to Family Room
Heating
- Other
Cooling
- Other
Appliances
- Included: Electric Oven, Electric Range, Other
- Laundry: Other
Features
- Other
- Flooring: Hardwood, Tile, Vinyl
- Windows: None
- Basement: Exterior Entry,Full
- Number of fireplaces: 1
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,723
- Total interior livable area: 1,723 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Detached, Driveway, Garage
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Bedroom
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: Courtyard
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 3.66 Acres
- Features: Back Yard, Front Yard, Level, Private, Rectangular Lot
Details
- Additional structures: Garage(s)
- Parcel number: 15 125 05 013
- Special conditions: Trust
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern,Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick 4 Sides
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: None
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available, Other
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: None
Community
- Community features: None
Location
- Region: Decatur
- Subdivision: Decatur
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Sold | $359,000+2.9%$208/sqft |
Source:  FMLS GA #7628003 | ||
| 8/23/2025 | Pending sale | $349,000$203/sqft |
Source: FMLS GA #7628003 | ||
| 8/13/2025 | Listed for sale | $349,000$203/sqft |
Source: FMLS GA #7628003 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $710 +53.5% | $96,840 +15.4% |
| 2023 | $463 -24.2% | $83,920 +37.4% |
| 2022 | $610 | $61,080 +32.8% |
Find assessor info on the county website
Neighborhood: 30034
Nearby schools
GreatSchools rating
- 3/10Rainbow Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Chapel Hill Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Southwest Dekalb High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Rainbow
- Middle: Chapel Hill - Dekalb
- High: Southwest Dekalb
Source: FMLS GA. 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
$349,700
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
$349,700