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
$117Est. 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
$176,343
$141K since sold in December 2010$6,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 29.5% lower than the average sale price ($250K) 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 Jun 22, 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.
Directions: 285 TO FLAT SHOALS, RIGHT TO RAINBOW. LEFT TO RAINBOW DR TO RAINBOW RIDGE WAY.
Road Surface Type: Paved
Dekalb - GA
Community Information
Community Features: Public Transportation, Street Lights
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,506
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: 1993
County: DeKalb County
APN: 15 123 07 014
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Columbia Elementary School
Public PreK-5 • Assigned • 1.2mi
4/10
Columbia Middle School
Public 6-8 • Assigned • 0.8mi
3/10
Columbia High School
Public 9-12 • Assigned • 1.5mi
2/10
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...