NOT LISTED FOR SALE

1004 Rainbow Dr Kannapolis, NC 28081

Estimated Value: $142,000 - $195,000

1 Bed
1 Bath
738 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2023

Last sale price $155,000 $210 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $965 / mo

2 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property
  • Storm Doors

About This Home

As of August 2023

!!! Nice and clean 1 bedroom home with walk-in closet !!! Laundry room + Full bath with tub / Spacious Living Room / Front & back storm doors / Eat-in Kitchen with back door to SWEET covered country back porch / Front porch / Better Hurry !!! Supra on back door.

Last Agent to Sell the Property

Kim Newton

Bestway Realty License #291924 Listed on: 06/28/2023

Last Buyer's Agent

Toleah Poplin

Lake Norman Realty, Inc License #275841

Lake Norman Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50x150
  • Level Lot
  • Cleared Lot
  • Property is zoned I-1

Parking

  • Shared Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 738 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Crawl Space
  • Storm Doors
  • Electric Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Lincoln Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5613-27-0814-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1930
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 210.03
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 738
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Electric Water Heater
  • Above Grade Finished Sq Ft: 738
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Living Area: 738
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Units: Acres
  • Parcel Number: 5613-27-0814-0000
  • Lot Size: 50x150
  • ResoLotSizeUnits: Acres
  • Zoning Specification: I-1

MLS Schools

  • Elementary School: Unspecified
  • High School: A.L. Brown

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 3, 2023
Sold by
Bought by
Seller's Agent
Kim Newton
Bestway Realty
Buyer's Agent
Toleah Poplin
Lake Norman Realty, Inc
List Price
$155,000
Sold Price
$155,000
Views
23
Current Estimated Value
$165,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,230
Avg. Annual Appreciation
2.25%
Original Mortgage
$73,000
Outstanding Balance
$71,293
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$93,937

Purchase Details

Closed on
Oct 6, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$155,000 None Listed On Document
$155,000 None Listed On Document
$13,500 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 Borrower Loan Amount
Open $73,000
Closed $73,000
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
08/03/2023 08/03/23 Sold $155,000 0.0% $210 / Sq Ft
06/28/2023 06/28/23 For Sale $155,000 -- $210 / Sq Ft
Source: Canopy MLS

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 $843 $148,470 $85,000 $63,470
2024 $843 $148,470 $85,000 $63,470
2023 $499 $36,450 $17,500 $18,950
2022 $493 $35,960 $17,500 $18,460
2021 $493 $35,960 $17,500 $18,460
2020 $493 $35,960 $17,500 $18,460
2019 $410 $29,900 $12,500 $17,400
2018 $404 $29,900 $12,500 $17,400
2017 $398 $29,900 $12,500 $17,400
2016 $398 $31,630 $12,500 $19,130
2015 $399 $31,630 $12,500 $19,130
2014 $399 $31,630 $12,500 $19,130
Source: Public Records

Agents Affiliated with this Home

  • Kim Newton

    Seller's Agent in 2023

    Kim Newton

    Bestway Realty

    (704) 791-9233

    12 in this area

    92 Total Sales

    Kim Newton
    Section Image
  • Toleah Poplin

    Buyer's Agent in 2023

    Toleah Poplin

    Lake Norman Realty, Inc

    (704) 400-4044

    3 in this area

    42 Total Sales

    Toleah Poplin
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4043832

Canopy MLS

APN: 5613-27-0814-0000

North Carolina Cabarrus County Kannapolis 28081

1004 Rainbow Dr, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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