$303,500
SOLD JUL 17, 2025

1209 Rainbow Dr Kannapolis, NC 28081

2 Beds
2 Baths
1,172 Sq Ft
0.26 Acres

Recently Sold

$259 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Fenced
  • Porch
  • Central Air
  • Lot Has A Rolling Slope

About This Home

As of July 2025

Discover one of the finest 2-bedroom, 2-bath renovated home in Kannapolis! This beautifully updated home features an open layout with luxury vinyl flooring, a bright kitchen with granite countertops, stainless appliances, and white shaker cabinets. The spacious living and dining areas offer the perfect blend of comfort and style. Step outside to a fully fenced backyard with a private fire pit area under a beautiful gazebo, tiered seating, and lush landscaping—ideal for entertaining or unwinding. A large concrete driveway leads to a carport with a built-in storage area, plus there’s an additional backyard storage building for all your extras. Enjoy the charming front porch, quiet surroundings, and unbeatable location just minutes from downtown Kannapolis, (and not far from Mooresville) shopping, dining, and I-85. A true turnkey, QUALITY, gem!

Last Agent to Sell the Property

Kirk Hanson

CK Select Real Estate License #235328 Listed on: 06/06/2025

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1937

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Property is zoned R8

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,172 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56131810990000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,325

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 74' x 147' x 73" x 154'
  • Subdivision Name: None
  • Directions: Lockbox/Key, Sign Near the intersection of Rainbow Drive and Hwy 3/Mooresville Raod.
  • Above Grade Finished Sq Ft: 1172
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1937
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Rolling
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Range Hood, Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Unfinished, Basement, Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1172
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Rolling Slope
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 56131810990000
  • Zoning: R8
  • TRIADMLS_PricePerAcre: 1167307.6923
  • TRIADMLS_DeedPage: 250
  • TRIADMLS_DeedBook: 11592
  • TRIADMLS_PlatBook: 00087-00068

Tax Info

  • Tax Annual Amount: 2325
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Jul 16, 2025
Sold by
Nelson Edward V and Balliet Kashea
Bought by
Clontz Cameron and Hammett Camille
Seller's Agent
Kirk Hanson
Coldwell Banker- CK Select
Buyer's Agent
Jean Anne Pritt
EXP Realty LLC
List Price
$299,900
Sold Price
$303,500
Premium/Discount to List
$3,600
1.2%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-56.29%
Original Mortgage
$15,000
Outstanding Balance
$15,000
Interest Rate
6.85%
Estimated Equity
$278,617
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $303,500 None Listed On Document
Warranty Deed $303,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 No Value Available
Closed $15,000 No Value Available
Open $292,500 New Conventional
Closed $292,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Sold $303,500 +1.2% $259 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $299,900 0.0% $256 / Sq Ft
06/02/2025 06/02/25 Price Changed $299,900 -- $256 / Sq Ft
Source: Triad MLS

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
2024 $2,325 $204,790 $50,000 $154,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1183624

Triad MLS

APN: 5613-18-1099-0000