NOT LISTED FOR SALE

1380 Rainbow Dr Kannapolis, NC 28081

Estimated Value: $229,000 - $250,000

2 Beds
1 Bath
1,266 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 1380 Rainbow Dr, Kannapolis, NC 28081 and is currently estimated at $236,667, approximately $186 per square foot. 1380 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 29, 2021
Sold by
Danny G Bost Llc
Bought by
Westbrook Kannapolis Llc
Current Estimated Value
$236,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Outstanding Balance
$797,205
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
-$560,538

Purchase Details

Closed on
Oct 4, 2021
Sold by
Douglas Conner James and Douglas Amy D
Bought by
Danny G Bost Llc

Purchase Details

Closed on
Jun 7, 2021
Sold by
Conner James Douglas and Conner Amy D
Bought by
Miller Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,884
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1999
Sold by
Miller A Phillip and Miller Joan
Bought by
Conner James Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,296
Interest Rate
7.67%
Mortgage Type
FHA
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

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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
Westbrook Kannapolis Llc $2,009,000 None Available
Danny G Bost Llc -- None Listed On Document
Miller Melinda $180,000 Investors Title Insurance Co
Conner James Douglas $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westbrook Kannapolis Llc $865,000
Previous Owner Miller Melinda $62,884
Previous Owner Conner James Douglas $85,296
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 $2,331 $205,320 $60,000 $145,320
2024 $2,331 $205,320 $60,000 $145,320
2023 $1,500 $109,470 $24,000 $85,470
2022 $1,500 $109,470 $24,000 $85,470
2021 $1,500 $109,470 $24,000 $85,470
2020 $1,500 $109,470 $24,000 $85,470
2019 $1,265 $92,340 $19,600 $72,740
2018 $1,247 $92,340 $19,600 $72,740
2017 $1,228 $92,340 $19,600 $72,740
2016 $1,228 $89,590 $21,000 $68,590
2015 $1,129 $89,590 $21,000 $68,590
2014 $1,129 $89,590 $21,000 $68,590
Source: Public Records

Map

North Carolina Cabarrus County Kannapolis 28081

1380 Rainbow Dr, Kannapolis, NC

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