$240,000
$10K PRICE DROP

1001 Rainbow Dr Kannapolis, NC 28081

Estimated payment $1,525/month

Total Views 19,119
2 Beds
1 Bath
942 Sq Ft
$255 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Laundry Room
  • Corner Lot
  • Covered Patio or Porch
  • 1-Story Property

About This Home

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!

Listing Agent

John Bolos

Keller Williams South Park Brokerage Email: john@jbolos.com License #273349 Listed on: 05/07/2026

Keller Williams South Park

Co-Listing Agent

Dillon Forstberg

Keller Williams South Park Brokerage Email: john@jbolos.com

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Property is zoned R8

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5613-17-9649-0000

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2010
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 254.78
  • Geocode Confidence: High
  • Attribution Contact: john@jbolos.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 942
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Above Grade Finished Sq Ft: 942
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 942
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 5613-17-9649-0000
  • Zoning: R8
  • Lot Size Acres: 0.19
  • Additional Parcels: No
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,698 $237,560 $60,000 $177,560
2024 $2,698 $237,560 $60,000 $177,560
2023 $1,618 $118,130 $24,000 $94,130
2022 $1,618 $118,130 $24,000 $94,130
2021 $1,618 $118,130 $24,000 $94,130
2020 $1,618 $118,130 $24,000 $94,130
2019 $1,207 $88,110 $11,900 $76,210
2018 $1,189 $88,110 $11,900 $76,210
2017 $1,172 $88,110 $11,900 $76,210
2016 $1,172 $87,040 $12,750 $74,290
2015 $1,097 $87,040 $12,750 $74,290
2014 $1,097 $87,040 $12,750 $74,290
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2026 05/28/26 Price Changed $240,000 -4.0% $255 / Sq Ft
05/07/2026 05/07/26 For Sale $250,000 +7.0% $265 / Sq Ft
04/30/2024 04/30/24 Sold $233,550 +2.9% $244 / Sq Ft View Prior Sale
04/02/2024 04/02/24 For Sale $227,000 0.0% $237 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $227,000 -3.4% $237 / Sq Ft
03/13/2024 03/13/24 For Sale $235,000 -- $246 / Sq Ft
Source: Canopy MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $234,000 Chicago Title
Warranty Deed $110,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $229,319 FHA
Previous Owner $104,405 New Conventional
Previous Owner $8,000 Unknown
Source: Public Records

About the Listing Agent

John Bolos

Keller Williams South Park

(980) 370-4275

Section Image

John Bolos is a Broker, Owner, and Realtor with strong roots in the Charlotte area. Before founding the John Bolos Group at Keller Williams, he became one of the most sought-after agents in the Carolinas, which he has been serving since 2003.

A longtime resident of Charlotte, John built a reputation for personal service, powerful marketing, and strong negotiations on behalf of his clients—making him one of the very first Zillow Premier Agents in the platform’s history. He also remains

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Source: Canopy MLS

MLS Number: 4378923

Canopy MLS

APN: 5613-17-9649-0000

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