Active

$139,000

4059 Rainbow Dr, Decatur, GA 30034

0beds

0baths

1.96Acres

Single Family Residence, Unimproved Land

Built in ----

1.96 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Spacious parcel

Discover the potential at 4059 Rainbow Dr, Decatur, GA — nearly 2 acres of undeveloped land ready for your vision. Whether you're looking to build a custom estate, develop investment property, or secure land in a growing area, this spacious parcel offers endless possibilities.Conveniently located near shopping, dining, major highways, and just minutes from downtown Decatur and Atlanta, this property combines privacy with accessibility. Utilities nearby (verify with county), making development even more attainable. Don’t miss this rare opportunity to own a sizable piece of land in a rapidly developing area!

82 days

61

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 0

Property

Features

Exterior features: No Dock
Fencing: None
Has view: Yes
View description: Neighborhood
Waterfront features: None
Body of water: None

Lot

Size: 1.96 Acres
Features: Rectangular Lot
Residential vegetation: Heavily Wooded, Pine

Details

Additional structures: None
Parcel number: 15 125 05 016
Zoning: R100
Zoning description: Undeveloped/Zoned Residential
Other equipment: None
Horse amenities: None

Utilities & green energy

Utilities for property: None

Community & HOA

Community

Features: None
Security: None
Subdivision: None

HOA

Has HOA: No

Location

Region: Decatur

Financial & listing details

Tax assessed value: $49,500
Annual tax amount: $863
Date on market: 2/28/2026
Cumulative days on market: 82 days
Road surface type: None

Estimated market value

Not available

Estimated sales range

Not available

$1,814/mo

Price history

Date	Event	Price
2/28/2026	Listed for sale	$139,000+113.8%
Source: FMLS GA #7726718 Report a problem
3/21/2025	Sold	$65,000
Source: GAMLS #10431770 Report a problem
3/4/2025	Pending sale	$65,000
Source: GAMLS #10431770 Report a problem
12/30/2024	Listed for sale	$65,000-76.4%
Source: GAMLS #10431770 Report a problem
11/1/2024	Listing removed	$275,000
Source: FMLS GA #7379289 Report a problem
6/17/2024	Listed for sale	$275,000
Source: GAMLS #10290756 Report a problem
5/26/2024	Pending sale	$275,000
Source: GAMLS #10290756 Report a problem
5/1/2024	Listed for sale	$275,000
Source: FMLS GA #7379289 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$863 -0.2%	$19,800
2024	$865 -0.2%	$19,800
2023	$867 +61.9%	$19,800 +62.3%
2022	$535	$12,200
2021	$535	$12,200
2020	$535 0%	$12,200
2019	$535 -2.7%	$12,200
2018	$550 -0.2%	$12,200
2017	$551 +2.3%	$12,200
2016	$539	$12,200 +205%
2014	$539	$4,000
2013	--	$4,000
2012	--	$4,000 -16.7%
2011	--	$4,800 -39.4%
2010	$318 -2.4%	$7,920
2009	$325 +2%	$7,920
2008	$319	$7,920
2007	$319 +2.5%	$7,920
2006	$311 -1%	$7,920
2005	$314 -3.9%	$7,920 -3.9%
2004	$327 +2.2%	$8,240
2003	$320 +2.6%	$8,240
2002	$312 +1.5%	$8,240
2001	$307	$8,240

Find assessor info on the county website

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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