NOT LISTED FOR SALE

1370 Rainbow Dr Kannapolis, NC 28081

Estimated Value: $103,000

0.77 Acre
$133,766 Price per Acre
33,541 Sq Ft Lot

Last Sold September 25, 2023

Last sale price $100,000

Est. 3% increase in value since last sale

Current estimated payment $566/month

2 Days on Market

About This Lot

As of September 2023

Large lot that is close to downtown Kannapolis and all the new offerings provided. Lot could be used for nice residential home or the possibility of multi-family units. Zoned R-18.

Last Agent to Sell the Property

Mark Goodnight

Lantern Realty & Development, LLC License #176330 Listed on: 09/09/2023

Lantern Realty & Development, LLC

Last Buyer's Agent

Brandy Sellers

Exit Realty Elite Properties License #227741

Exit Realty Elite Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $329

Lot Details

  • Lot Dimensions are 114x276
  • Wooded Lot
  • Possible uses of the property include Multi-Family, Private Estate, Residential
  • Property is zoned R-18

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 5613 08 3503 0000

Property Details

Property Type

Land

Est. Annual Taxes

$329

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Private Estate, Residential

Exterior Features

  • Waterfront Features: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5613 08 3503 0000
  • Lot Size: 114x276
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-18

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
Flex Investments Llc
Bought by
Flex Investments Llc
Current Estimated Value
$103,000

Purchase Details

Listed on
Sep 9, 2023
Closed on
Sep 25, 2023
Sold by
Twin Falls Real Estate Llc
Bought by
Flex Investments Llc
Seller's Agent
Mark Goodnight
Lantern Realty & Development, LLC
Buyer's Agent
Brandy Sellers
Exit Realty Elite Properties
List Price
$95,000
Sold Price
$100,000
Premium/Discount to List
$5,000
5.26%
Views
22
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flex Investments Llc -- None Listed On Document
Flex Investments Llc $100,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $100,000 +5.3% --
09/09/2023 09/09/23 For Sale $95,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $329 $24,000 $24,000 $0
2022 $329 $24,000 $24,000 $0
2021 $329 $24,000 $24,000 $0
2020 $329 $24,000 $24,000 $0
2019 $269 $19,600 $19,600 $0
2018 $265 $19,600 $19,600 $0
2017 $261 $19,600 $19,600 $0
2016 $261 $21,000 $21,000 $0
2015 $265 $21,000 $21,000 $0
2014 $265 $21,000 $21,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4068069

Canopy MLS (Canopy Realtor® Association)

APN: 5613-08-3512-0000