Unique opportunity! 2 parcels with 2 houses, both need work. 5603-97-6875 and 7679. House 1 in front was moved here, has new wiring, plumbing, insulation, ducts, roof, and freshly sheetrocked. Will have new Heat/AC installed. City water/sewer taps paid,. House 1 will be completed with CO done and can be bought for $75,000 subdivided. Older brick home in back needs full redo: watch your step.
Sold for $235,000
Street View
$235,000
1431 Rainbow Dr, Kannapolis, NC 28081
2beds
2baths
928sqft
SingleFamily
Built in 1954
2.32 Acres Lot
$231,700 Zestimate®
$253/sqft
$1,534 Estimated rent
Home value
$231,700
$213,000 - $253,000
$1,534/mo
Zestimate® history
Owner options
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$1,508/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Heat pump
Cooling
- Other
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 928 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl, Wood, Brick
Lot
- Size: 2.32 Acres
Details
- Parcel number: 56039768750000
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Footing
- Roof: Other
Condition
- Year built: 1954
Community & HOA
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $245,330
- Annual tax amount: $2,786
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $235,000+161.1%$253/sqft |
Source: Public Record Report a problem | ||
| 8/1/2013 | Listing removed | $90,000$97/sqft |
Source: Excellence Realty of the Carolinas, Inc. #2078962 Report a problem | ||
| 4/17/2012 | Listed for sale | $90,000$97/sqft |
Source: Excellence Realty of the Carolinas, Inc. #2078962 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,786 | $245,330 |
| 2024 | $2,786 +130.6% | $245,330 +178.2% |
| 2023 | $1,208 | $88,190 |
| 2022 | $1,208 | $88,190 |
| 2021 | $1,208 +4.3% | $88,190 +4.3% |
| 2019 | $1,159 +3% | $84,590 |
| 2018 | $1,125 | $84,590 |
| 2017 | $1,125 | $84,590 +0.8% |
| 2016 | -- | $83,910 |
| 2015 | -- | $83,910 |
| 2014 | $1,057 | $83,910 |
| 2013 | -- | $83,910 |
| 2012 | -- | $83,910 -25.7% |
| 2011 | -- | $113,010 |
| 2010 | -- | $113,010 |
| 2009 | -- | $113,010 -2.2% |
| 2008 | -- | $115,540 +22.5% |
| 2007 | -- | $94,320 -1.8% |
| 2006 | -- | $96,070 |
| 2005 | -- | $96,070 -3.4% |
| 2004 | -- | $99,430 +157.7% |
| 2003 | -- | $38,580 -5.9% |
| 2002 | -- | $41,000 |
| 2001 | -- | $41,000 |
| 2000 | -- | $41,000 |
Find assessor info on the county website
Neighborhood: 28081
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Fred L Wilson ElementaryGrades: K-5Distance: 0.3 mi
- 2/10Kannapolis MiddleGrades: 7-8Distance: 2 mi
- 2/10A. L. Brown High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$231,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$231,700
- North Carolina
- Cabarrus County
- Kannapolis
- 28081
- 1431 Rainbow Dr
Nearby cities
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Other Kannapolis Topics
