Investor 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.
Closed
$220,000
1442 Rainbow Dr, Kannapolis, NC 28081
3beds
1,376sqft
Single Family Residence
Built in 1993
0.48 Acres Lot
$218,200 Zestimate®
$160/sqft
$1,933 Estimated rent
Home value
$218,200
$201,000 - $238,000
$1,933/mo
Zestimate® history
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$1,414/mo
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List your homeWhat's special
Large yard
Zillow last checked:
Listing updated:
Listed by:
Bonnie McDonald bonniemcdonaldrealestate@gmail.com,
Bonnie S. McDonald Real Estate,
Miriam Carter,
Bonnie S. McDonald Real Estate
Bought with:
Melek "Mel" Mabe
Helen Adams Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4201818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining area
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Oven, Electric Range, Refrigerator, Washer/Dryer
- Laundry: In Kitchen, Laundry Closet
Features
- Flooring: Carpet, Tile, Vinyl
- Doors: Storm Door(s)
- Has basement: No
Interior area
- Total structure area: 1,376
- Total interior livable area: 1,376 sqft
- Finished area above ground: 1,376
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Driveway
- Covered spaces: 1
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Rear Porch
- Fencing: Partial
Lot
- Size: 0.48 Acres
- Dimensions: 100' x 241'
- Features: Level
Details
- Additional structures: Outbuilding
- Parcel number: 5603984139
- Zoning: R18
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $252,020
- Annual tax amount: $2,862
- Date on market: 11/25/2024
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | $220,000$160/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4201818 Report a problem | ||
| 11/27/2024 | Pending sale | $220,000$160/sqft |
Source: Canopy MLS as distributed by MLS GRID #4201818 Report a problem | ||
| 11/25/2024 | Listed for sale | $220,000$160/sqft |
Source: Canopy MLS as distributed by MLS GRID #4201818 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,862 | $252,020 |
| 2024 | $2,862 +52.9% | $252,020 +84.5% |
| 2023 | $1,871 +6.8% | $136,570 +6.8% |
| 2022 | $1,752 | $127,860 |
| 2021 | $1,752 +22.8% | $127,860 +22.8% |
| 2019 | $1,427 +3% | $104,130 |
| 2018 | $1,385 | $104,130 |
| 2017 | $1,385 | $104,130 +3.1% |
| 2016 | -- | $100,990 |
| 2015 | -- | $100,990 |
| 2014 | $1,272 | $100,990 |
| 2013 | -- | $100,990 |
| 2012 | -- | $100,990 -15.7% |
| 2011 | -- | $119,770 |
| 2010 | -- | $119,770 |
| 2009 | -- | $119,770 +3.1% |
| 2008 | -- | $116,200 +15.6% |
| 2007 | -- | $100,490 |
| 2006 | -- | $100,490 +2% |
| 2005 | -- | $98,490 |
| 2004 | -- | $98,490 +12.8% |
| 2003 | -- | $87,310 |
| 2002 | -- | $87,310 |
| 2001 | -- | $87,310 |
| 2000 | -- | $87,310 |
Find assessor info on the county website
Neighborhood: 28081
Nearby homes
- $297,0003 bd2 ba1.5k sqft5542 Knox Ln, Kannapolis, NC 28081Sold
- $286,5003 bd2 ba1.5k sqft5582 Knox Ln, Kannapolis, NC 28081Sold
- $---- bd-- ba-- sqft1435 Rainbow Dr, Kannapolis, NC 28081Off Market
- $290,0003 bd2 ba1.5k sqft5612 Knox Ln, Kannapolis, NC 28081Sold
- $235,0002 bd2 ba928 sqft1431 Rainbow Dr, Kannapolis, NC 28081Sold
- $260,0002 bd2 ba1.3k sqft1430 Rainbow Dr, Kannapolis, NC 28081Sold
- $289,0003 bd2 ba1.5k sqft5642 Knox Ln, Kannapolis, NC 28081Sold
- $285,2553 bd3 ba1.5k sqft5652 Knox Ln, Kannapolis, NC 28081Sold
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
Schools provided by the listing agent
- Elementary: Fred Wilson
- Middle: Kannapolis
- High: A.L. Brown
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$218,200
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
$218,200
- North Carolina
- Cabarrus County
- Kannapolis
- 28081
- 1442 Rainbow Dr
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