NOT LISTED FOR SALE

1364 Rainbow Dr Kannapolis, NC 28081

Estimated Value: $334,000

3 Beds
2 Baths
1,977 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $279,500 $141 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,072/month

116 Days on Market

Highlights

  • 0.8 Acre Lot
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • Workshop
  • 3 Car Garage

About This Home

As of April 2023

Solid, Well Built Home on .8 of an Acre, Move in Ready. Features include, Large 20x40 Detached Garage/Workshop, Partially finished Basement, and a Heavily Wooded Lot behind Home. Roof 3 Years Old. Great Location, less than 5 Minutes to Newly Revitalized Downtown Kannapolis, Convenient to I-85, Schools , and Shopping. No HOA. Vacant Lot Next to Property Available Also.

Last Agent to Sell the Property

Mark Goodnight

Lantern Realty & Development, LLC License #176330 Listed on: 11/04/2022

Lantern Realty & Development, LLC

Last Buyer's Agent

Connie Ward

inCREDIBLE Realty Group License #205838

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 125x280
  • Property is zoned RC

Parking

  • 3 Car Garage
  • Workshop in Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Ceiling Fan
  • Basement
  • Workshop
  • Attic Fan
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Plumbed For Ice Maker

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Goodnight Brothers

Listing and Financial Details

  • Assessor Parcel Number 5613 08 4521 0000

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.8 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1948
  • Restrictions: No Restrictions
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 141.38
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1677
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1250
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1250
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Water Heater, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1677
  • Has Basement: Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300
  • Living Area: 1977
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Concrete Block
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Detached Garage, Garage Shop

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen, Main Level
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5613 08 4521 0000
  • Zoning: RC
  • Development Status: Completed
  • Lot Size Acres: 0.8
  • Lot Size: 125x280
  • Lot Size Sq Ft: 34848
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Building Info

  • Builder Name: Goodnight Brothers

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Prowell Michael D and Prowell Allenia E
Bought by
Prowell Michael D and Prowell Allenia E
Current Estimated Value
$334,000
Source: Public Records
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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
Prowell Michael D -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $279,500 0.0% $141 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $279,500 -1.8% $141 / Sq Ft
02/08/2023 02/08/23 Price Changed $284,500 -1.7% $144 / Sq Ft
02/01/2023 02/01/23 For Sale $289,500 +3.6% $146 / Sq Ft
01/31/2023 01/31/23 Off Market $279,500 -- --
01/02/2023 01/02/23 Price Changed $289,500 -6.6% $146 / Sq Ft
11/18/2022 11/18/22 Price Changed $309,900 -4.6% $157 / Sq Ft
11/04/2022 11/04/22 For Sale $324,900 -- $164 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $1,875 $136,850 $30,000 $106,850
2022 $1,875 $136,850 $30,000 $106,850
2021 $1,875 $136,850 $30,000 $106,850
2020 $1,875 $136,850 $30,000 $106,850
2019 $1,572 $114,730 $21,000 $93,730
2018 $1,549 $114,730 $21,000 $93,730
2017 $1,526 $114,730 $21,000 $93,730
2016 $1,526 $110,030 $22,500 $87,530
2015 $1,386 $110,030 $22,500 $87,530
2014 $1,386 $110,030 $22,500 $87,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3918852

Canopy MLS (Canopy Realtor® Association)

APN: 5613-08-4521-0000

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