NOT LISTED FOR SALE

1102 Rainbow Dr Kannapolis, NC 28081

Estimated Value: $225,000 - $385,000

5 Beds
2 Baths
2,560 Sq Ft
$119/Sq Ft Est. Value

About This Home

This home is located at 1102 Rainbow Dr, Kannapolis, NC 28081 and is currently estimated at $305,121, approximately $119 per square foot. 1102 Rainbow Dr is a home located in Cabarrus County with nearby schools including Fred L. Wilson Elementary School, Kannapolis Middle, and A.L. Brown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2016
Sold by
Helen K Beach
Bought by
Arias Angelica
Current Estimated Value
$305,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Outstanding Balance
$9,045
Interest Rate
4.13%
Estimated Equity
$296,076

Purchase Details

Closed on
Jul 29, 2003
Sold by
Kannapolis Real Estate Agency Inc
Bought by
Constantino Adame Arturo and Pacheco Angelica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Clegg Edward Paul
Bought by
Kannapolis Real Estate Agency Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2002
Sold by
Woods Kimberly N and Woods Marc
Bought by
Clegg Edward Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
6.77%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Alexander Key Danny
Bought by
Ninteau Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
6.94%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Arias Angelica -- --
Constantino Adame Arturo $49,000 --
Kannapolis Real Estate Agency Inc $40,000 --
Clegg Edward Paul $55,000 --
Ninteau Kimberly $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Angelica $11,000
Closed Arias Angelica --
Previous Owner Constantino Adame Arturo $48,900
Previous Owner Clegg Edward Paul $54,900
Previous Owner Ninteau Kimberly $43,800
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

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 $2,697 $237,510 $50,000 $187,510
2024 $2,697 $237,510 $50,000 $187,510
2023 $1,923 $140,400 $20,000 $120,400
2022 $1,923 $140,400 $20,000 $120,400
2021 $1,923 $140,400 $20,000 $120,400
2020 $1,923 $140,400 $20,000 $120,400
2019 $1,582 $115,480 $14,000 $101,480
2018 $1,559 $115,480 $14,000 $101,480
2017 $1,420 $106,740 $14,000 $92,740
2016 $1,420 $99,720 $15,000 $84,720
2015 $1,108 $99,720 $15,000 $84,720
2014 $1,108 $99,720 $15,000 $84,720
Source: Public Records

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