1442 Rainbow Dr Kannapolis, NC 28081
3
Beds
2
Baths
1,376
Sq Ft
0.48
Acres
Highlights
- Ranch Style House
- Laundry Room
- Partially Fenced Property
- Covered patio or porch
- Tile Flooring
- Level Lot
About This Home
As of January 2025Investor potential or fixer upper for the DIYer: Home with good bones on .48 acre lot. Solid-built but in need of repairs. Convenient location with quick access to Hwy 3 aka Mooresville Hwy. Adjacent to townhome development on the left side. 8' x 12' shed. Washer, dryer and refrigerator convey. Large yard and 14' x 12' rear covered deck.
Last Agent to Sell the Property
Bonnie S. McDonald Real Estate Brokerage Email: bonniemcdonaldrealestate@gmail.com License #304546
Co-Listed By
Bonnie S. McDonald Real Estate Brokerage Email: bonniemcdonaldrealestate@gmail.com License #321401
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,862
Year Built
- Built in 1993
Lot Details
- Lot Dimensions are 100' x 241'
- Partially Fenced Property
- Level Lot
- Property is zoned R18
Home Design
- Ranch Style House
- Composition Roof
- Vinyl Siding
Interior Spaces
- Crawl Space
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 1 Covered Space
- Driveway
- 4 Open Parking Spaces
Outdoor Features
- Covered patio or porch
- Outbuilding
Schools
- Fred Wilson Elementary School
- Kannapolis Middle School
- A.L. Brown High School
Utilities
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 5603-98-4139
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $220,000 | 0.0% | $160 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 11/25/2024 11/25/24 | For Sale | $220,000 | -- | $160 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,862 | $252,020 | $60,000 | $192,020 |
| 2023 | $1,871 | $136,570 | $24,000 | $112,570 |
| 2022 | $1,752 | $127,860 | $24,000 | $103,860 |
| 2021 | $1,752 | $127,860 | $24,000 | $103,860 |
| 2020 | $1,752 | $127,860 | $24,000 | $103,860 |
| 2019 | $1,427 | $104,130 | $17,500 | $86,630 |
| 2018 | $1,406 | $104,130 | $17,500 | $86,630 |
| 2017 | $1,385 | $104,130 | $17,500 | $86,630 |
| 2016 | $1,385 | $100,990 | $18,750 | $82,240 |
| 2015 | $1,272 | $100,990 | $18,750 | $82,240 |
| 2014 | $1,272 | $100,990 | $18,750 | $82,240 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $206,800 | New Conventional | |
| Closed | $206,800 | New Conventional | |
| Previous Owner | $65,000 | New Conventional | |
| Previous Owner | $104,599 | FHA | |
| Previous Owner | $80,800 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $27,700 | Credit Line Revolving | |
| Previous Owner | $30,800 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | None Listed On Document | |
| Warranty Deed | $220,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in Kannapolis, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4201818
APN: 5603-98-4139-0000
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