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4707 Rainbow Dr

Kannapolis, NC 28081

3 bd 2 ba 1,663 sqft Built 1950 Lot 46,609 sqft single_family
Most recent sale
$330,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $330,000 MLS #3899020
Sep 19, 2022 Price changed $328,000 MLS #3899020
Sep 15, 2022 Listed $340,000 MLS #3899020
Sep 23, 2016 Sold $174,900 MLS #3204263
Aug 6, 2016 Listed $174,900 MLS #3204263
Nov 8, 2007 Sold $104,000 Public Record
Dec 1, 1999 Sold $83,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $259,280 $50,400 $309,680 $2,093
2023 $130,680 $44,200 $174,880 $1,468
2022 $130,680 $44,200 $174,880 $1,468
2021 $130,680 $44,200 $174,880 $1,469
2020 $130,680 $44,200 $174,880 $1,469
2019 $83,430 $22,100 $105,530 $886
2018 $83,430 $22,100 $105,530 $865
2017 $83,430 $22,100 $105,530 $823
2016 $83,430 $22,100 $105,530 $776
2015 $78,010 $25,500 $103,510 $761
2014 $78,010 $25,500 $103,510 $761
2013 $74,570 $25,500 $100,070 $736
2012 $74,570 $25,500 $100,070 $736
2010 $84,550 $25,500 $110,050 $732
2009 $84,550 $25,500 $110,050 $759
2008 $84,550 $25,500 $110,050 $759
2007 $70,290 $20,880 $91,170 $629

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,663 sqft
Lot size
46,609 sqft
ZIP code
28081
City
Kannapolis
Street
Rainbow Dr
Coordinates
35.50572, -80.65787

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,245
Gross rental yield
8.16%
Implied cap rate
5.31%
Trend-extrapolated value

Frequently asked questions

When did 4707 Rainbow Dr last sell?
4707 Rainbow Dr most recently sold on Oct 21, 2022 for $330,000.
What is the current tax assessment for 4707 Rainbow Dr?
The most recent total assessment for 4707 Rainbow Dr (year 2025) is $309,680 with $2,093 in property tax.
How does 4707 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 6.2% below the last sale price of $330,000.
When was 4707 Rainbow Dr built?
4707 Rainbow Dr was built in 1950.
How does 4707 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 4707 Rainbow Dr?
4707 Rainbow Dr is a 3 bed, 2 bath, 1,663 sqft, 46,609 sqft lot single_family.
Is 4707 Rainbow Dr a flip candidate?
No — 4707 Rainbow Dr does not appear in our flips dataset.
Is 4707 Rainbow Dr a tax-appeal candidate?
No — 4707 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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