$311,000
UNDER CONTRACT

4646 Rainbow Dr Kannapolis, NC 28081

Estimated payment $1,832/month

Total Views 1,618
3 Beds
2 Baths
1,782 Sq Ft
$175 Price per Sq Ft

Highlights

  • 0.88 Acre Lot
  • Wooded Lot
  • No HOA
  • Deck
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

Nestled on a picturesque 0.88-acre lot shaded by majestic mature oak trees, this charming and well-maintained 3-bedroom, 2-bath mid-century ranch has HUGE potential with a 1800+ sq ft unfinished basement. The property boasts exceptionally fertile soil and abundant year-round sunshine, creating an ideal setting for gardening enthusiasts. The previous owner cultivated a highly productive garden, and the expansive sunny acreage provides ample opportunity to continue that tradition while enjoying seasonal harvests from the established trees (pecan and fig). A standout feature of the home is the enormous unfinished basement, offering incredible potential for customization and expansion. Already equipped with a functional double sink and a plumbed full bathroom, the basement mirrors the home's main-level footprint and is well-suited for conversion into a private guest suite, workshop, or income-producing rental. With its own private exterior entrance and natural light streaming through multiple above-grade windows along the west side of the home, this versatile space is ideal for multi-generational living, hobbyists, or future investment opportunities. In addition to the main living room, this home features a second living area (not pictured) adjacent to the kitchen (currently labeled as the "dining room" in the measurements). The space used for formal dining is located between the living room and kitchen, just above the basement entrance. New roof and gutters 2024, new gas water heater 2026.

Listing Agent

Barry Aldridge

Realty One Group Revolution Brokerage Email: barry@barryaldridge.com License #225541 Listed on: 06/18/2026

Realty One Group Revolution

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 38,333 Sq Ft Lot
  • Lot Dimensions are 186'x102'x112'x195'x60'x180'
  • Wooded Lot
  • Property is zoned Low Density Residential, LDR

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Ranch Style House
  • Architectural Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Shed

Schools

  • Fred Wilson Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 56047221770000
  • Tax Block 1

Community Details

Overview

  • No Home Owners Association
  • Private Acres Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.88 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1962
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 174.52
  • Geocode Confidence: High
  • Attribution Contact: barry@barryaldridge.com
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1782
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1836
  • Sq Ft Unheated Main: 535
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2371
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven, Gas Water Heater, Wall Oven
  • Above Grade Finished Sq Ft: 1782
  • Has Basement: Daylight, Exterior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1782
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Brick Full
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Rear, Keypad Entry

Utilities

  • Heating: Baseboard, Hot Water, Natural Gas, Radiant
  • Sewer: Septic Installed, Sewage Pump
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Utilities: Electricity Connected, Natural Gas
  • Water Source: City, County Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 56047221770000
  • Zoning: LDR
  • Plat Book Slide: 12
  • Plat Reference Section Pages: 35
  • Lot Size Acres: 0.88
  • Lot Size: 186'x102'x112'x195'x60'x180'
  • Additional Parcels: No
  • Zoning Specification: Low Density Residential

Tax Info

  • Tax Block: 1

MLS Schools

  • Elementary School: Fred Wilson
  • High School: A.L. Brown

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,819 $269,120 $67,600 $201,520
2024 $910 $269,120 $67,600 $201,520
2023 $735 $174,910 $36,400 $138,510
2022 $732 $174,200 $36,400 $137,800
2021 $732 $174,200 $36,400 $137,800
2020 $732 $174,200 $36,400 $137,800
2019 $644 $153,350 $28,600 $124,750
2018 $629 $153,350 $28,600 $124,750
2017 $598 $153,350 $28,600 $124,750
2016 $564 $149,190 $32,500 $116,690
2015 $546 $149,190 $32,500 $116,690
2014 $546 $149,190 $32,500 $116,690
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 For Sale $311,000 -- $175 / Sq Ft
Source: Canopy MLS

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Canopy MLS

MLS Number: 4394032

Canopy MLS

APN: 5604-72-2177-0000

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