NOT LISTED FOR SALE

4707 Rainbow Dr Kannapolis, NC 28081

Kannapolis Area

Estimated Value: $333,597

3 Beds
1.5 Baths
1,663 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2022

Last sale price $330,000 $198 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,072 / mo

9 Days on Market

Highlights

  • Wooded Lot
  • Covered Patio or Porch
  • Breakfast Bar
  • Wood Flooring
  • Detached Garage
  • Laundry Room

About This Home

As of October 2022

Adorable 3 bed, 1.5 bath home with huge fenced lot in Kannapolis. Updated ranch/rambler sits on over one acre with NO city taxes and NO HOA. Beautiful kitchen cabinets with breakfast bar, granite countertops, stainless steel appliances, large pantry, ceramic flooring, and two windows for lots of natural light. Hardwood floors throughout
living areas and bedrooms. Spacious living room features a gas fireplace and built in shelves. Full bath has a
double vanity with granite countertops. Half bath has pedestal sink. Custom-built, 2-car carport plus detached 1-car garage allows covered parking for 3 vehicles in total; circular drive offers additional parking space. Roof replaced in 2018. Located just minutes from Downtown Kannapolis, this home is sure to sell quickly!

Last Agent to Sell the Property

Allison Wightman

Keller Williams Premier License #287186 Listed on: 09/14/2022

Keller Williams Premier

Last Buyer's Agent

Kris Hitchcock

Helen Adams Realty License #315626

Helen Adams Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Level Lot
  • Wooded Lot
  • Zoning described as LDR

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,663 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating
  • Natural Gas Connected
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5604-63-5094-0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

1.07 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Ratio Current Price By Acre: 308411.21
  • Road Surface Type: Asphalt
  • Standard Status: Closed
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 198.44
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 916
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1663
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front,Patio,Side
  • Appliances: Ceiling Fan(s), Electric Range, Microwave, Natural Gas, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1663
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Carport - 2 Car, Detached, Driveway, Garage - 1 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5604-63-5094-0000
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.87557

Multi Family

  • Unit Count: 0

MLS Schools

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

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

Listed on
Sep 14, 2022
Closed on
Oct 21, 2022
Sold by
Price Kyle J and Price Jillian L
Bought by
Seller's Agent
Allison Wightman
Keller Williams Premier
Buyer's Agent
Kris Hitchcock
Helen Adams Realty
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Views
5
Current Estimated Value
$333,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,597
Avg. Annual Appreciation
0.28%
Original Mortgage
$202,800
Outstanding Balance
$192,446
Interest Rate
5.89%
Mortgage Type
VA
Estimated Equity
$141,151

Purchase Details

Closed on
Sep 22, 2016
Sold by
Hubbard Jonathan M and Hubbard Lauren D
Bought by
Price Kyle J and Price Jillian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2007
Sold by
Bare William J and Bare Patricia
Bought by
Hubbard Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Kannapolis, NC

  • Crystal Gomez Real Estate Agent - Lantern Realty & Development, LLC

    Crystal Gomez

    Lantern Realty & Development, LLC

    (980) 252-8506

    20 Total Sales

    3 in Kannapolis

    $209K - $425K Price Range

    Crystal Gomez
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  • Trudy Nance Real Estate Agent - Century 21 Towne & Country

    Trudy Nance

    Century 21 Towne & Country

    (980) 447-6935

    67 Total Sales

    1 in Kannapolis

    $370,000 Price

    Trudy Nance
     Section Image
  • Ana Acela Perez Real Estate Agent - COMPASS

    Ana Acela Perez

    COMPASS

    (980) 281-9437

    12 Total Sales

    1 in Kannapolis

    $273,000 Price

    Ana Acela Perez
     Section Image
  • Erin Fowler Real Estate Agent - EXP Realty LLC Ballantyne

    Erin Fowler

    EXP Realty LLC Ballantyne

    (980) 255-5689

    13 Total Sales

    1 in Kannapolis

    $285,000 Price

    Erin Fowler
     Section Image
  • Paula Evans Real Estate Agent - Evans Realty and Associates

    Paula Evans

    Evans Realty and Associates

    (877) 525-4413

    106 Total Sales

    1 in Kannapolis

    $190,000 Price

    Paula Evans
     Section Image
  • Matt Sarver Real Estate Agent - Keller Williams Lake Norman

    Matt Sarver

    Keller Williams Lake Norman

    (980) 430-6843

    453 Total Sales

    4 in Kannapolis

    $285K - $710K Price Range

    Matt Sarver
     Section Image
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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
$330,000 --
Price Kyle J $173,000 None Available
Hubbard Jonathan M $104,000 None Available
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 $202,800
Previous Owner Price Kyle J $155,700
Previous Owner Hubbard Jonathan M $44,200
Previous Owner Hubbard Jonathan M $15,000
Previous Owner Hubbard Jonathan M $78,459
Previous Owner Hubbard Jonathan M $83,200
Previous Owner Bare William J $74,695
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
10/21/2022 10/21/22 Sold $330,000 +0.6% $198 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $328,000 -3.5% $197 / Sq Ft
09/14/2022 09/14/22 For Sale $340,000 -- $204 / Sq Ft
Source: Canopy MLS

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
2026 -- $309,680 $50,400 $259,280
2025 $2,093 $309,680 $50,400 $259,280
2024 $2,205 $326,210 $68,000 $258,210
2023 $1,469 $174,880 $44,200 $130,680
2022 $1,469 $174,880 $44,200 $130,680
2021 $1,469 $174,880 $44,200 $130,680
2020 $1,469 $174,880 $44,200 $130,680
2019 $886 $105,530 $22,100 $83,430
2018 $865 $105,530 $22,100 $83,430
2017 $823 $105,530 $22,100 $83,430
2016 $776 $103,510 $25,500 $78,010
2015 $736 $103,510 $25,500 $78,010
2014 $736 $103,510 $25,500 $78,010
Source: Public Records

Agents Affiliated with this Home

  • Allison Wightman Real Estate Agent - Keller Williams Premier

    Seller's Agent in 2022

    Allison Wightman

    Keller Williams Premier

    (980) 521-0784

    153 Total Sales

    Allison Wightman
    Section Image

  • KH

    Buyer's Agent in 2022

    Kris Hitchcock

    Helen Adams Realty

    (704) 710-6070

    23 Total Sales

    Kris Hitchcock
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 3899020

Canopy MLS

APN: 5604-63-5094-0000

North Carolina Cabarrus County Kannapolis 28081

4707 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.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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