4646 Rainbow Dr Kannapolis, NC 28081
Estimated payment $1,832/month
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
Realty One Group Revolution Brokerage Email: barry@barryaldridge.com License #225541 Listed on: 06/18/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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: Canopy MLS
MLS Number: 4394032
APN: 5604-72-2177-0000
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Ask me questions while you tour the home.