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1346 Rainbow Dr

Kannapolis, NC 28081

3 bd 1 ba 1,209 sqft Built 1949 Lot 39,683 sqft single_family
Most recent sale
$200,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $200,000 MLS #3867955
Jul 1, 2022 Price changed $230,000 MLS #3867955
Jun 22, 2022 Listed $240,000 MLS #3867955
Apr 17, 2018 Listing removed $950 AppfolioUnits
Mar 29, 2018 Listed for rent $950 AppfolioUnits
Jan 1, 2001 Sold $77,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $140,700 $75,000 $215,700 $2,449
2023 $81,030 $30,000 $111,030 $1,521
2022 $79,790 $30,000 $109,790 $1,504
2021 $79,790 $30,000 $109,790 $1,504
2020 $79,790 $30,000 $109,790 $1,504
2019 $68,670 $21,000 $89,670 $1,228
2018 $68,670 $21,000 $89,670 $1,211
2017 $68,670 $21,000 $89,670 $1,193
2016 $68,670 $21,000 $89,670 $1,193
2015 $66,730 $22,500 $89,230 $1,187
2014 $66,730 $22,500 $89,230 $1,160
2013 $66,730 $22,500 $89,230 $1,124
2012 $66,730 $22,500 $89,230 $1,124
2010 $75,250 $30,800 $106,050 $1,188
2009 $75,250 $30,800 $106,050 $1,188
2008 $75,250 $30,800 $106,050 $1,188
2007 $62,850 $22,080 $84,930 $957

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,209 sqft
Lot size
39,683 sqft
ZIP code
28081
City
Kannapolis
Street
Rainbow Dr
Coordinates
35.49303, -80.64351

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,632
Gross rental yield
9.79%
Implied cap rate
6.36%
Trend-extrapolated value

Frequently asked questions

When did 1346 Rainbow Dr last sell?
1346 Rainbow Dr most recently sold on Aug 16, 2022 for $200,000.
What is the current tax assessment for 1346 Rainbow Dr?
The most recent total assessment for 1346 Rainbow Dr (year 2025) is $215,700 with $2,449 in property tax.
How does 1346 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $200,000.
When was 1346 Rainbow Dr built?
1346 Rainbow Dr was built in 1949.
How does 1346 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 1346 Rainbow Dr?
1346 Rainbow Dr is a 3 bed, 1 bath, 1,209 sqft, 39,683 sqft lot single_family.
Is 1346 Rainbow Dr a flip candidate?
No — 1346 Rainbow Dr does not appear in our flips dataset.
Is 1346 Rainbow Dr a tax-appeal candidate?
No — 1346 Rainbow Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$299.4K
2026 Q4
$302.1K
ZIP 28081 — Median Price History + Forecast

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