This charming Kannapolis bungalow offers the perfect blend of comfort, style, and convenience in an established area. Situated on a corner lot, this wonderful home welcomes you with attractive curb appeal, a covered front porch, and a bright open-concept interior filled with natural light, creating an inviting atmosphere that feels both cozy and spacious.
The thoughtfully designed layout features an airy living area that opens seamlessly into the kitchen, making it ideal for everyday living and entertaining. The kitchen offers clean white cabinetry, generous prep space, and easy access to the backyard area. Both bedrooms are nicely sized, while the full bath adds character with stylish details and touches.
Outside, the property provides low-maintenance living with ample driveway parking and outdoor space to enjoy morning coffee, weekend gatherings, or gardening.
Whether you are a first-time homebuyer, downsizing, or looking for an investment opportunity, this move-in ready home delivers comfort, convenience, and a fantastic location!
Active
Price cut: $10K (5/28)
$240,000
1001 Rainbow Dr, Kannapolis, NC 28081
2beds
942sqft
:
Get pre-qualified$1,470/mo
Single Family Residence
Built in 2010
0.19 Acres Lot
$234,300 Zestimate®
$255/sqft
$-- HOA
What's special
Covered front porchAttractive curb appealGenerous prep spaceCorner lotAmple driveway parkingClean white cabinetry
- 80 days |
- 213 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
John Bolos john@jbolos.com,
Keller Williams South Park,
Dillon Forstberg,
Keller Williams South Park
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4378923
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Laundry: Laundry Closet, Main Level
Features
- Open Floorplan
- Has basement: No
Interior area
- Total structure area: 942
- Total interior livable area: 942 sqft
- Finished area above ground: 942
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
Lot
- Size: 0.19 Acres
- Features: Corner Lot
Details
- Parcel number: 56131796490000
- Zoning: R8
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Partial, Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $237,560
- Annual tax amount: $2,698
- Date on market: 5/7/2026
- Cumulative days on market: 80 days
- Road surface type: Concrete, Paved
Estimated market value
$234,300
$223,000 - $246,000
$1,297/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Price change | $240,000-4%$255/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4378923 Report a problem | ||
| 5/7/2026 | Listed for sale | $250,000+7%$265/sqft |
Source: Canopy MLS as distributed by MLS GRID #4378923 Report a problem | ||
| 4/30/2024 | Sold | $233,550+2.9%$248/sqft |
Source: Canopy MLS as distributed by MLS GRID #4117350 Report a problem | ||
| 4/2/2024 | Listed for sale | $227,000$241/sqft |
Source: Canopy MLS as distributed by MLS GRID #4117350 Report a problem | ||
| 3/26/2024 | Pending sale | $227,000$241/sqft |
Source: Canopy MLS as distributed by MLS GRID #4117350 Report a problem | ||
| 3/23/2024 | Price change | $227,000-3.4%$241/sqft |
Source: Canopy MLS as distributed by MLS GRID #4117350 Report a problem | ||
| 3/13/2024 | Listed for sale | $235,000+113.6%$249/sqft |
Source: Canopy MLS as distributed by MLS GRID #4117350 Report a problem | ||
| 11/30/2018 | Sold | $110,000$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,698 | $237,560 |
| 2024 | $2,698 +66.7% | $237,560 +101.1% |
| 2023 | $1,618 | $118,130 |
| 2022 | $1,618 | $118,130 |
| 2021 | $1,618 +34.1% | $118,130 +34.1% |
| 2019 | $1,207 +3% | $88,110 |
| 2018 | $1,172 | $88,110 |
| 2017 | $1,172 | $88,110 +1.2% |
| 2016 | -- | $87,040 |
| 2015 | -- | $87,040 |
| 2014 | $1,097 | $87,040 |
| 2013 | -- | $87,040 |
| 2012 | -- | $87,040 -12.7% |
| 2011 | -- | $99,700 +5.8% |
| 2010 | -- | $94,250 +328.4% |
| 2009 | -- | $22,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28081
Nearby schools
GreatSchools rating
- 5/10Fred L Wilson ElementaryGrades: K-5Distance: 0.6 mi
- 2/10Kannapolis MiddleGrades: 7-8Distance: 1.8 mi
- 2/10A. L. Brown High SchoolGrades: 9-12Distance: 1.2 mi
- $340,1003 bd2 ba1.6k sqft1003 Rainbow Dr, Kannapolis, NC 28081Off Market
- $306,7003 bd2 ba1.5k sqft1005 Rainbow Dr, Kannapolis, NC 28081Off Market
- $174,0002 bd1 ba910 sqft1000 Rainbow Dr, Kannapolis, NC 28081Off Market
- $323,900-- bd-- ba1.7k sqft536 Pleasant Ave, Kannapolis, NC 28081Off Market
- $173,8003 bd1 ba1k sqft1002 Rainbow Dr, Kannapolis, NC 28081Off Market
- $100,7102 bd1 ba910 sqft1000 Rainbow Dr, Kannapolis, NC 28081Off Market
- $155,0001 bd1 ba738 sqft1004 Rainbow Dr, Kannapolis, NC 28081Sold
- $183,7002 bd1 ba780 sqft1006 Rainbow Dr, Kannapolis, NC 28081Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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