Back On The Market, No Fault Of the Seller, Buyer had a Credit Issue. . If you are looking for country living, yet close to everything, look no further. Come check out this well maintained home, on a large 1.07 acre lot, that is just minutes from revitalized downtown Kannapolis, where you can catch a ballgame, watch a movie at the Gem Theater, or just stroll the beautiful downtown. Also, this home is convenient to schools, shopping, and Interstate 85. Freshly painted with new HVAC in 2022, new roof in 2019, and vinyl siding, you will have many years of worry free maintenance in your new home. Come take a look.
Closed
$250,000
4786 Rainbow Dr, Kannapolis, NC 28081
2beds
1,067sqft
Single Family Residence
Built in 1934
1.07 Acres Lot
$254,700 Zestimate®
$234/sqft
$1,679 Estimated rent
Home value
$254,700
$196,000 - $329,000
$1,679/mo
Zestimate® history
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$1,594/mo
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Zillow last checked:
Listing updated:
Listed by:
Mark Goodnight markgoodnightrealtor@gmail.com,
Lantern Realty & Development, LLC
Bought with:
Gloria Lozano
Century 21 DiGioia Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4174853
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Living room
- Features: Open Floorplan
- Level: Main
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Gas Cooktop
- Laundry: In Bathroom
Features
- Flooring: Carpet, Vinyl
- Windows: Insulated Windows
- Basement: Exterior Entry
Interior area
- Total structure area: 1,067
- Total interior livable area: 1,067 sqft
- Finished area above ground: 1,067
- Finished area below ground: 0
Property
Parking
- Parking features: Attached Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Fencing: Chain Link
Lot
- Size: 1.07 Acres
- Features: Rolling Slope
Details
- Additional structures: Outbuilding
- Parcel number: 249E060/249E201
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl
- Roof: Shingle
Condition
- New construction: No
- Year built: 1934
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Subdivision: NONE
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $141,193
- Annual tax amount: $724
- Date on market: 8/30/2024
- Cumulative days on market: 66 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2025 | Sold | $250,000-4.9%$234/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4174853 Report a problem | ||
| 11/30/2024 | Price change | $262,900-2.6%$246/sqft |
Source: Canopy MLS as distributed by MLS GRID #4174853 Report a problem | ||
| 10/10/2024 | Price change | $269,900+12.5%$253/sqft |
Source: Canopy MLS as distributed by MLS GRID #4174853 Report a problem | ||
| 8/30/2024 | Listed for sale | $239,900+219.9%$225/sqft |
Source: Canopy MLS as distributed by MLS GRID #4174853 Report a problem | ||
| 6/6/2017 | Sold | $75,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $724 -22.3% | $109,700 -22.3% |
| 2024 | $932 | $141,193 |
| 2023 | $932 +62.6% | $141,193 +81.7% |
| 2022 | $573 | $77,728 |
| 2021 | $573 | $77,728 |
| 2020 | $573 | $77,728 |
| 2019 | -- | $77,728 +13.7% |
| 2018 | $507 +2.9% | $68,345 |
| 2017 | $493 | $68,345 |
| 2016 | $493 | $68,345 |
| 2015 | $493 -1.6% | $68,345 |
| 2014 | $501 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 28081
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Landis Elementary SchoolGrades: K-5Distance: 3.6 mi
- 2/10Corriher Lipe Middle SchoolGrades: 6-8Distance: 3.4 mi
- 3/10South Rowan High SchoolGrades: 9-12Distance: 5 mi
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Estimated market value
$254,700
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
$254,700
- North Carolina
- Rowan County
- Kannapolis
- 28081
- 4786 Rainbow Dr
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