1430 Rainbow Dr Kannapolis, NC 28081
Estimated payment $1,524/month
Highlights
- 1.63 Acre Lot
- 4 Car Detached Garage
- Cooling Available
- No HOA
- Fireplace
- Laundry Room
About This Home
Charming 2 bedroom, 1.5 bath home situated on a spacious 1.63-acre lot in Kannapolis. This property offers a peaceful setting with plenty of room to enjoy outdoor living, gardening, or future expansion. The home features a functional layout with comfortable living space and great natural light throughout. A standout feature is the large detached garage, providing excellent space for vehicle storage, a workshop, or additional hobbies and equipment. With no HOA and generous acreage, this property offers flexibility and freedom rarely found at this price point. Conveniently located near shopping, dining, and major roadways while still offering privacy and open space. A great opportunity for homeowners, investors, or anyone seeking land with usable outbuildings. SOLD AS IS Schools listed from GIS 1/12/2026
Listing Agent
Howard Hanna Allen Tate Statesville Brokerage Phone: 980-505-4184 License #357247 Listed on: 01/12/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Lot Details
- 1.63 Acre Lot
- Property is zoned R18
Parking
- 4 Car Detached Garage
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,367 Sq Ft Home
- 1-Story Property
- Fireplace
- Crawl Space
- Electric Oven
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Schools
- Fred Wilson Elementary School
- Kannapolis Middle School
- A.L. Brown High School
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 56039862380000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,273 | $200,150 | $58,150 | $142,000 |
| 2024 | $2,273 | $200,150 | $58,150 | $142,000 |
| 2023 | $1,797 | $131,180 | $44,190 | $86,990 |
| 2022 | $1,797 | $131,180 | $44,190 | $86,990 |
| 2021 | $1,797 | $131,180 | $44,190 | $86,990 |
| 2020 | $1,797 | $131,180 | $44,190 | $86,990 |
| 2019 | $1,802 | $131,530 | $44,190 | $87,340 |
| 2018 | $1,776 | $131,530 | $44,190 | $87,340 |
| 2017 | $1,749 | $131,530 | $44,190 | $87,340 |
| 2016 | $1,749 | $143,280 | $58,150 | $85,130 |
| 2015 | $1,805 | $143,280 | $58,150 | $85,130 |
| 2014 | $1,805 | $143,280 | $58,150 | $85,130 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | Pending | -- | -- | -- |
| 01/12/2026 01/12/26 | For Sale | $260,000 | -- | $190 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $127,000 | None Available | |
| Warranty Deed | $74,000 | -- | |
| Warranty Deed | $60,500 | -- | |
| Warranty Deed | $34,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $101,600 | New Conventional |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4333413
APN: 5603-98-6238-0000
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