1380 Rainbow Dr Kannapolis, NC 28081
Estimated Value: $235,000 - $238,000
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 $236,333, 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
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
$789,001
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
-$552,668
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Westbrook Kannapolis Llc | $2,009,000 | None Available | |
| Westbrook Kannapolis Llc | $2,009,000 | None Listed On Document | |
| Danny G Bost Llc | -- | None Listed On Document | |
| 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 | |
| Closed | Westbrook Kannapolis Llc | $865,000 | |
| Previous Owner | Miller Melinda | $62,884 | |
| Previous Owner | Conner James Douglas | $85,296 |
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
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