RANCH WITH WOOD FLOORS, DEN WITH FIREPLACE AND 2 CAR GARAGE. NEEDS REPAIRS, 4 SIDE BRICK. SWEAT EQUITY HERE! WOODED LOT. 3.5% BUYER INCENTIVE FOR OWNER OCCUPANTS FOR CLOSING COSTS IF CLOSED BY 12/31. ELIGIBLE FOR HOMEPATH FINANCING!
Single-familyProperty Type
1965Year Built
$114Est. Price/Sq.Ft.
2 car garageParking
Listed by Debbie Niles• PRUDENTIAL GEORGIA REALTY
Listed by Andy Lott
Bought with JERRY LATIMER• ECLIPSE ATLANTA REAL ESTATE
Source:FMLS #4140091
Redfin Estimate
$171,889
$137K since sold in December 2010$0 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.5% lower than the average sale price ($234K) of 6 comparable homes.
85% RENOVATED MOVE IN CONDITION LEASE PURCHASE $2000 DOWN AND $1295. LEASE OR RENT WITH 1 MO RENT PLUS DEPOSIT.
Public Records
Jun 14, 2001
Sold
$116,000
$77/sq ft
Public Records
Jul 25, 1984
Sold
$64,900
$43/sq ft
Public Records
May 1, 1979
Sold
$45,200
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$664 (−3.1%)
$12,000 + $80,800
$92,800
2024
$686 (+56.3%)
$12,000 + $80,800
$92,800
2023
$439 (−78.1%)
$8,000 + $85,600
$93,600
2022
$2,003 (+22.5%)
$8,000 + $63,680
$71,680
2021
$1,635 (+20.8%)
$8,000 + $47,760
$55,760
2020
$1,354 (+6.9%)
$8,000 + $47,760
$55,760
2019
$1,267 (−37.9%)
$4,080 + $35,960
$40,040
2018
$2,039 (+11.4%)
$4,080 + $30,320
$34,400
2017
$1,831 (+0.4%)
$4,080 + $30,320
$34,400
2016
$1,823 (+76.3%)
$4,080 + $29,160
$33,240
2014
$1,034 (−0.1%)
$4,080 + $26,040
$30,120
2013
$1,035
$4,000 + $11,000
$15,000
2012
$1,036 (−20.4%)
$4,000 + $11,000
$15,000
2011
$1,302 (−31.3%)
$6,480 + $14,832
$21,312
2010
$1,894 (−15.1%)
$13,171 + $25,229
$38,400
2008
$2,232
Tax history for 5542 Rainbow Ridge Way
Year
Property tax
Land + Additions
Assessment*
2025
$664 (−3.1%)
$12,000 + $80,800
$92,800
2024
$686 (+56.3%)
$12,000 + $80,800
$92,800
2023
$439 (−78.1%)
$8,000 + $85,600
$93,600
2022
$2,003 (+22.5%)
$8,000 + $63,680
$71,680
2021
$1,635 (+20.8%)
$8,000 + $47,760
$55,760
2020
$1,354 (+6.9%)
$8,000 + $47,760
$55,760
2019
$1,267 (−37.9%)
$4,080 + $35,960
$40,040
2018
$2,039 (+11.4%)
$4,080 + $30,320
$34,400
2017
$1,831 (+0.4%)
$4,080 + $30,320
$34,400
2016
$1,823 (+76.3%)
$4,080 + $29,160
$33,240
2014
$1,034 (−0.1%)
$4,080 + $26,040
$30,120
2013
$1,035
$4,000 + $11,000
$15,000
2012
$1,036 (−20.4%)
$4,000 + $11,000
$15,000
2011
$1,302 (−31.3%)
$6,480 + $14,832
$21,312
2010
$1,894 (−15.1%)
$13,171 + $25,229
$38,400
2008
$2,232
*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
0.31 Acres
Year renovated
1993
Sq. Ft.
1,506
Year built
1965
Style
Single Family Residential
County
DeKalb County
APN
15 123 07 014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-75
Residential Medium Lot-75 District
The purpose and intent of the board of commissioners in establishing the R-75 (Residential Medium Lot-75) District is as follows: To provide for the protection of neighborhoods within the county where lots have a minimum area of ten 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-75 (Residential Medium Lot-75) 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; To implement the future development map of the county's most current comprehensive plan.