NOT LISTED FOR SALE

1380 Rainbow Dr Kannapolis, NC 28081

Estimated Value: $239,000 - $253,000

2 Beds
1 Bath
1,266 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 1380 Rainbow Dr, Kannapolis, NC 28081 and is currently estimated at $244,333, approximately $192 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Bought by
Current Estimated Value
$244,333

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
$785,690
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
-$541,357

Purchase Details

Closed on
Oct 4, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2021
Sold by
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,009,000 None Available
$2,009,000 None Listed On Document
-- None Listed On Document
-- None Listed On Document
$180,000 Investors Title Insurance Co
$86,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $865,000
Closed $865,000
Previous Owner $62,884
Previous Owner $85,296
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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