INVESTOR’S DREAM! 4-ACRES & Two income producing homes ($2500/mo.) Live in one and rent the other to cover your mortgage/produce income -Endless Possibilities! Or rezone to build 8-12 houses per acre! Similar 4-acre 2-house property sold May 2019 for $290,000 located 2 miles away at 3950/3960 Boring Rd Decatur GA. Wont Last Long! Brick Ranch 1500sf 4bd/2ba new roof windows, paint, flooring (95% complete), newer hot water heater, & HVAC. 1-car detached garage 4-space uncovered parking. Updated septic system. Electric Separately Metered.
Single-familyProperty Type
1952Year Built
4 acresLot Size
$164Est. Price/Sq.Ft.
5 garage spacesParking
Listed by Ryan M Prazen• HomeBay Broker GA, Inc.
Bought with JEFF MORABITO• Keller Williams Buckhead
Source:FMLS #6591968
Redfin Estimate
$380,212
$160K since sold in November 2019$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.6% higher than the average sale price ($357K) of 6 comparable homes.
INVESTOR’S DREAM! 4-ACRES & Two income producing homes ($2500/mo.) Live in one and rent the other to cover your mortgage/produce income -Endless Possibilities! Or rezone to build 8-12 houses per acre! Similar 4-acre 2-house property sold May 2019 for $290,000 located 2 miles away at 3950/3960 Boring Rd Decatur GA. Wont Last Long! Brick Ranch 1500sf 4bd/2ba new roof windows, paint, flooring (95% complete), newer hot water heater, & HVAC. 1-car detached garage 4-space uncovered parking. Updated septic system. Electric Separately Metered Stucco Cottage 800 sf 2bd/1ba with expansive backyard surrounded by mature Georgia Pines reaching to the sky, living room, den, newer appliances, 2-space uncovered parking, newer septic system, roof, & central air.
Public Records
Sep 26, 1995
Sold
$125,000
$54/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,005 (+1.6%)
$10,640 + $100,520
$111,160
2024
$2,958 (+54.7%)
$10,640 + $100,520
$111,160
2023
$1,912 (−8.8%)
$10,640 + $96,640
$107,280
2022
$2,097 (+32.6%)
$10,040 + $61,120
$71,160
2021
$1,581 (−6.2%)
$10,040 + $38,760
$48,800
2020
$1,685 (−15.9%)
$10,040 + $38,760
$48,800
2019
$2,004 (−0.2%)
$10,040 + $25,360
$35,400
2018
$2,007 (+7.4%)
$10,040 + $25,360
$35,400
2017
$1,869 (+69.6%)
$10,040 + $25,360
$35,400
2016
$1,102 (−1.6%)
$10,040 + $6,640
$16,680
2014
$1,120 (+28.4%)
$10,040 + $6,640
$16,680
2013
$872 (−24.8%)
$6,468 + $4,720
$11,188
2012
$1,160 (−6.7%)
$10,120 + $7,400
$17,520
2011
$1,244 (−48.9%)
$10,360 + $9,416
$19,776
2010
$2,434 (+2.1%)
$10,360 + $41,240
$51,600
2008
$2,383
Tax history for 4109 Rainbow Dr
Year
Property tax
Land + Additions
Assessment*
2025
$3,005 (+1.6%)
$10,640 + $100,520
$111,160
2024
$2,958 (+54.7%)
$10,640 + $100,520
$111,160
2023
$1,912 (−8.8%)
$10,640 + $96,640
$107,280
2022
$2,097 (+32.6%)
$10,040 + $61,120
$71,160
2021
$1,581 (−6.2%)
$10,040 + $38,760
$48,800
2020
$1,685 (−15.9%)
$10,040 + $38,760
$48,800
2019
$2,004 (−0.2%)
$10,040 + $25,360
$35,400
2018
$2,007 (+7.4%)
$10,040 + $25,360
$35,400
2017
$1,869 (+69.6%)
$10,040 + $25,360
$35,400
2016
$1,102 (−1.6%)
$10,040 + $6,640
$16,680
2014
$1,120 (+28.4%)
$10,040 + $6,640
$16,680
2013
$872 (−24.8%)
$6,468 + $4,720
$11,188
2012
$1,160 (−6.7%)
$10,120 + $7,400
$17,520
2011
$1,244 (−48.9%)
$10,360 + $9,416
$19,776
2010
$2,434 (+2.1%)
$10,360 + $41,240
$51,600
2008
$2,383
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4 Acres
Year renovated
1993
Sq. Ft.
1,741
Year built
1948
Style
Single Family Residential
County
DeKalb County
APN
15 126 12 007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
R-100
Residential Medium Lot-100 District
The purpose and intent of the board of commissioners in establishing the R-100 (Residential Medium Lot-100) District is as follows: To provide for the protection of neighborhoods within the county where lots have a minimum area of fifteen thousand square feet; To provide for compatible infill development in neighborhoods; To provide protections for existing development as new subdivisions are created; To provide flexibility in design on the interior of new development while protecting surrounding development; To assure that the uses and structures authorized in the R-100 (Residential Medium Lot-100) District are those uses and structures designed to serve the housing, recreational, educational, religious, and social needs of the neighborhood; To provide for appropriately sized accessible and useable open space in new developments for health, recreational and social opportunities for county residents; and To implement the future development map of the county's most current comprehensive plan.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Garden center
Housing-Single unit
Public service
Golf related
Communications tower
Property details
Parking
Parking Information
# of Garage Spaces: 5
# of Carport Spaces: 1
Parking Features: Detached, Garage Door Opener
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
# of Main Level Bathrooms: 3
Master Bathroom Features: Other
Bedroom Information
# of Main Level Bedrooms: 6
Bedroom Features: Other
Interior Features
Interior Features: Other
Common Walls: No Common Walls
Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
Flooring: Other
Room Information
LaundryFeatures: Other
Kitchen Features: Other
Dining Room Features: Other
Room Type: Other
Basement: Crawl Space
Exterior
Property Information
Levels: One
AccessibilityFeatures: Accessible Washer/Dryer
Construction Materials: Brick 4 Sides, Stucco
Exterior Features: Other
Roof: Composition
Property Condition: Resale
Other Structures: Other
Ownership: Fee Simple
Financial
Financial Information
Buyer Financing: VA
Utilities
Utility Information
Cooling: Central Air
Heating: Central, Electric
Water Source: Public
Electric: Other
Sewer: Septic Tank
Utilities: Other
Location
Multi-Family Information
# Of Units In Community: 1
School Information
Elementary School: Rainbow
Middle Or Junior School: Chapel Hill - Dekalb
High School: Southwest Dekalb
Location Information
Directions: Head north on Kelley Chapel Rd toward Rainbow Dr Turn right at the 1st cross street onto Rainbow Dr Destination will be on the right
Road Surface Type: Other
Road Frontage Type: Other
Dekalb - GA
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,741
Stories: 1.0
Lot Size: 4 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1993
County: DeKalb County
APN: 15 126 12 007
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Rainbow Elementary School
Public PreK-5 • Assigned • 0.2mi
4/10
Chapel Hill Middle School
Public 6-8 • Assigned • 1.9mi
4/10
Southwest Dekalb High School
Public 9-12 • Assigned • 0.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...