218 Rainbow Dr
Lookout Mountain, GA 30750
3 bd 3 ba 2,223 sqft Built 1983 Lot 73,616 sqft single_family
Most recent sale
$485,000
May 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 16, 2025 | Listed for rent | $3,450 | Avail |
| Jul 18, 2022 | Listed for rent | $3,200 | Avail |
| Jun 25, 2022 | Listed for rent | $3,200 | Avail |
| May 23, 2022 | Listed for rent | $3,200 | Avail |
| May 11, 2022 | Sold | $485,000 | Public Record |
| May 10, 2022 | Sold | $485,000 | Chattanooga |
| Mar 26, 2022 | Listed | $485,000 | MLS #1352025 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $117,609 | $44,440 | $162,048 | $3,413 |
| 2024 | $117,609 | $44,440 | $162,048 | $3,566 |
| 2023 | $115,928 | $46,120 | $162,048 | $3,625 |
| 2020 | $56,350 | $33,670 | $90,020 | $1,290 |
| 2018 | $56,350 | $33,670 | $90,020 | $813 |
| 2017 | $56,350 | $33,670 | $90,020 | $813 |
| 2016 | $56,350 | $33,670 | $90,020 | $499 |
| 2015 | $53,905 | $20,248 | $74,153 | $2,145 |
| 2014 | $53,905 | $20,248 | $74,153 | $2,065 |
| 2013 | $53,905 | $20,248 | $74,153 | $1,835 |
| 2012 | $53,905 | $20,248 | $74,153 | $1,838 |
| 2011 | $53,905 | $20,248 | $74,153 | $1,842 |
| 2010 | $53,905 | $20,248 | $74,153 | $1,842 |
| 2009 | $53,905 | $20,248 | $74,153 | $1,810 |
| 2007 | $53,905 | $20,248 | $74,153 | $1,823 |
Property facts
Year built
1983
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,223 sqft
Lot size
73,616 sqft
ZIP code
30750
City
Lookout Mountain
Street
Rainbow Dr
Coordinates
34.96967, -85.35531
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,446
Gross rental yield
8.53%
Implied cap rate
5.54%
Trend-extrapolated value
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Frequently asked questions
When did 218 Rainbow Dr last sell?
218 Rainbow Dr most recently sold on May 11, 2022 for $485,000.
What is the current tax assessment for 218 Rainbow Dr?
The most recent total assessment for 218 Rainbow Dr (year 2025) is $162,048 with $3,413 in property tax.
How does 218 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 66.6% below the last sale price of $485,000.
When was 218 Rainbow Dr built?
218 Rainbow Dr was built in 1983.
How does 218 Rainbow Dr compare to others on Rainbow Dr?
We track 7 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 218 Rainbow Dr?
218 Rainbow Dr is a 3 bed, 3 bath, 2,223 sqft, 73,616 sqft lot single_family.
Is 218 Rainbow Dr a flip candidate?
No — 218 Rainbow Dr does not appear in our flips dataset.
Is 218 Rainbow Dr a tax-appeal candidate?
No — 218 Rainbow Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.0%
Implied 1-yr
+24.0%
2026 Q2
$1.43M
2026 Q3
$1.43M
ZIP 30750 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Dr