4515 Rainbow Dr Kannapolis, NC 28081
Estimated Value: $471,000 - $761,000
3
Beds
3
Baths
3,030
Sq Ft
$199/Sq Ft
Est. Value
About This Home
This home is located at 4515 Rainbow Dr, Kannapolis, NC 28081 and is currently estimated at $603,364, approximately $199 per square foot. 4515 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
Jul 29, 2014
Sold by
Dell Nicholas W O
Bought by
Ellis Michael John and Ellis Jane
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
$315,000
Outstanding Balance
$240,635
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$362,729
Purchase Details
Closed on
Mar 25, 2010
Sold by
Russell Richard W and Russell Selena
Bought by
Odell Nicholas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,623
Interest Rate
4.91%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ellis Michael John | $315,000 | None Available | |
| Odell Nicholas W | $308,000 | Investors Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ellis Michael John | $315,000 | |
| Previous Owner | Odell Nicholas W | $297,623 |
Source: Public Records
Tax History Compared to Growth
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 | $3,359 | $496,850 | $120,810 | $376,040 |
| 2024 | $3,359 | $496,850 | $120,810 | $376,040 |
| 2023 | $2,919 | $347,480 | $85,580 | $261,900 |
| 2022 | $2,862 | $340,660 | $85,580 | $255,080 |
| 2021 | $2,862 | $340,660 | $85,580 | $255,080 |
| 2020 | $2,862 | $340,660 | $85,580 | $255,080 |
| 2019 | $2,683 | $319,360 | $80,540 | $238,820 |
| 2018 | $2,619 | $319,360 | $80,540 | $238,820 |
| 2017 | $2,491 | $319,360 | $80,540 | $238,820 |
| 2016 | $2,347 | $297,930 | $90,610 | $207,320 |
| 2015 | $2,190 | $297,930 | $90,610 | $207,320 |
| 2014 | $2,190 | $297,930 | $90,610 | $207,320 |
Source: Public Records
Map
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