4515 Rainbow Dr, Kannapolis, NC 28081
Property image
Property image
OFF MARKET

$694,600

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 3,030 sqft (on 5.31 acres)

4515 Rainbow Dr, Kannapolis, NC 28081

Est. Refi. Payment $4,062/mo*
Refinance Your Home
Currently Off Market - Sold Aug 1, 2014 for $315,000

Home Value

Trulia Estimate
$695K
Since last month
Increased$8K (+1.2%)
Since last year
Increased$14K (+2.1%)
Since last sale
Increased$380K (+120.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +98% in the last 10 years
MonthEstimated value
2026
August 2026$695K
August 2026$693K
July 2026$687K
June 2026$684K
May 2026$684K
April 2026$689K
March 2026$680K
February 2026$685K
January 2026$662K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5960 Charlie Walker Rd, Kannapolis, NC
0.23
Single-Family Home
$320,000
08/20/26
3
2
1,336
4646 Rainbow Dr, Kannapolis, NC
0.46
Single-Family Home
$314,000
07/29/26
3
2
1,782
1733 Rollingwood Dr, Kannapolis, NC
0.78
Single-Family Home
$399,000
07/24/26
3
2
1,446
1910 Normandy Rd, Kannapolis, NC
0.69
Single-Family Home
$370,000
09/19/25
3
2.5
2,273
6785 Nathan Ave, Kannapolis, NC
0.89
Single-Family Home
$339,900
10/03/25
3
2
1,451
4224 Pine St, Kannapolis, NC
0.64
Single-Family Home
$300,000
08/10/26
3
2.5
1,290
2 Macon St, Kannapolis, NC
0.52
Single-Family Home
$329,900
04/24/26
3
2
1,428
4218 Pine St, Kannapolis, NC
0.64
Single-Family Home
$297,000
08/07/26
3
2.5
1,314
5033 Macon St, Kannapolis, NC
0.51
Single-Family Home
$320,000
07/22/26
3
2
1,366
5051 Macon St, Kannapolis, NC
0.53
Single-Family Home
$346,000
05/11/26
3
2
1,490

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5923 Charleston Ave, Kannapolis, NC 28081
0.15
$210,800
3
2
1,677
Off Market
5959 Yale Ave, Kannapolis, NC 28081
0.16
$212,300
2
1
822
Off Market
5962 Charlie Walker Rd, Kannapolis, NC 28081
0.20
$319,700
3
2
1,334
Off Market
Lot 9 Solitude Ct, Kannapolis, NC 28081
0.23
$349,800
4
2.5
1,800
Off Market
5960 Charlie Walker Rd, Kannapolis, NC 28081
0.23
$320,000
3
2
1,336
Recently Sold
4912 Wig St, Kannapolis, NC 28081
0.23
$309,000
4
2
1,329
Off Market
Wig St, Kannapolis, NC 28081
0.28
-
-
-
-
Off Market
5010 Athens St, Kannapolis, NC 28081
0.29
$235,000
3
1
1,185
Recently Sold
4605 Fieldbrook Dr, Kannapolis, NC 28081
0.31
$334,000
3
2.5
1,794
Off Market
6208 Charlie Walker Rd, Kannapolis, NC 28081
0.33
$274,800
3
1.5
1,089
Off Market
5211 Power Line St, Kannapolis, NC 28081
0.38
$254,500
2
1.5
1,282
Off Market
4608 Rainbow Dr, Kannapolis, NC 28081
0.42
$280,000
3
1
1,121
Recently Sold

Local Information

  • Map ViewExplore the area around 4515 Rainbow Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1996
5.31 acre lot
3,030 sqft
$229/sqft
Garage

About this House

This is the perfect house for someone looking for total privacy. All brick ranch with stone log burning fireplace. Three car garage rear deck with hot tub and fire pit. High ceilings throughout the house, split bedroom plan.
4515 Rainbow Dr, Kannapolis, NC 28081 is a 3 bedroom, 3 bathroom, 3,030 sqft single-family home built in 1996. It last sold for $315,000 on Aug 1, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $694,600, with a rent estimate of $2,785/month.

Home Details for 4515 Rainbow Dr

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Laminate
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: BrickFoundation Type: FootingPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1996Year Updated: 1998
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 5.31 acres

Price and Tax history

DateEventPrice
Aug 1, 2014
Source: Canopy MLS as distributed by MLS GRID #2219321
Sold
$315,000
May 18, 2014
Source: Agent Provided
Listed For Sale
$325,000
May 23, 2011
Source: Agent Provided
ListingRemoved
$325,000
Apr 25, 2010
Source: Agent Provided
Listed For Sale
$325,000
Mar 31, 2010
Source: N/A
Sold
$308,000

Market trends in Kannapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$283K
$5.58KMoM
Sale-to-List Price
—
Price per sq ft
$189
$1MoM
Available listings
272
7MoM

Around this home

What Locals Say about Kannapolis

At least 312 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 84 % Say yards are well-kept

  • 83 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 69 % Say it's dog friendly

  • 67 % Say kids play outside

  • 54 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 46 % Say people would walk alone at night

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say there's wildlife

  • 37 % Say streets are well-lit

  • 33 % Say it's walkable to grocery stores

  • 28 % Say there are sidewalks

  • 25 % Say there are community events

  • 24 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Nicholasalexander2836
    "I live in this area for 4 years now. The atmosphere is lovely and there’s always something to do. Everyone is welcoming "
    0
    Flag
  • Thomas Woodham
    "No one picks up behind their dogs. No matter the yard. They also barely have the dog on a leash. Be kind to your neighbors "
    0
    Flag
  • Kristin
    "We do not have any community events in our neighborhood. Our neighborhood is very quiet and the neighbors pretty much stay to themselves. "
    0
    Flag
  • Thomas Woodham
    "Smooth sailing once you get to the main roads. Most people are polite and friendly. Neighbors in my hood aren’t that good "
    0
    Flag
  • Tina Mccallop
    "Seems very safe for children. Its quiet streets are well lit . There is a nice bike trail / park also off of oakwood ave. It’s lovely. "
    0
    Flag
  • Tina Mccallop
    "Quiet clean area great place to live. I feel safe here. Stores I use are close by. Shopping centers aren’t far away 10 minutes or less. "
    0
    Flag
  • Thomas Woodham
    "No one uses leashes and allows the dogs to poop in anyone’s yard and not clean it up. They also don’t park appropriately on the roadways which block the access for emergency vehicles. "
    0
    Flag
  • Tina Mccallop
    "I have lived here less than a year but I love the area it’s lovely just wish there were less kids around. "
    0
    Flag
  • Zj275frcbt
    "Great place , the people I’ve met around are fairly friendly people I haven’t had a bad experience not even with the police"
    0
    Flag
  • Tina
    "I drive so it’s ok for me. Nothing is too far away especially grocery and gas stations , churches etc. "
    0
    Flag
  • Trulia User
    "Kannapolis is a nice town to live in. It’s away from all of the hussle & bussle if you don’t want to live in an overcrowded city."
    0
    Flag
  • Tina Mccallop
    "Seems very family oriented and a safe place for children and families to live and go to school .. I love it here it’s quiet and clean. "
    0
    Flag
  • Thomas Woodham
    "Minimal sidewalks in the neighborhoods. Kids are forced to walk in the streets. Lot of loose dogs in general area too "
    0
    Flag
  • Nallely Izaguirre
    "Family oriented area close to grocery stores, restaurants and great parks for family recreation. I like to leave close to the Ball Park. Good for events all year."
    5
    Flag
  • Meagandcarroll
    "I see neighbors walking their dogs. There are puppy stations all around the neighborhood, many yards are fenced in. "
    16
    Flag
  • Meagandcarroll
    "We have a social committee that plans monthly events like pool parties, fall festival, food trucks, yard sales, etc. "
    6
    Flag
  • Juanarc123
    "Great and nice place great people living around this area since I live here I feel secure and I like this place "
    2
    Flag
  • Andy B.
    "Quiet, well kept neighborhood. Close to lots of shops, restaurants, parks, and easy access to the freeway & Uptown Charlotte."
    0
    Flag
  • Andy B.
    "Awesome neighborhood, family friendly and safe! Traffic is only the neighborhood cars and it’s great for kids to play. Close to lots of shops and restaurants but not the crazy traffic like other nearby cities...Charlotte is only 30 minutes away at most"
    0
    Flag
  • Andy B.
    "We have lived in our neighborhood now for five years...we feel safe, love the convenience of the nearby shops & restaurants, and our neighbors are friendly. We are close to lots of things but nestled away from the traffic which is very good!"
    0
    Flag
  • Andy B.
    "Quick access to the interstate makes the commute easy, especially as they near completion of the roadway improvements"
    2
    Flag
  • Keven C.
    "Cook outs and fireworks displays and concerts. I hate very loud jabronery. People should stay in their own lane. "
    5
    Flag
  • Alegg880
    "My personal vehicle on 85s. Very easy. Traffic moves easily. Not normally a hold up before 7:30am unless there is a wreck."
    6
    Flag
  • Keven C.
    "They wouldn’t like having to have their dogs on leashes. Too many free range dogs and cats in my neighborhood. South Moss. "
    4
    Flag
  • Alisha A. L.
    "There are many families in my area. There are a couple of parks and businesses around the area. It’s a pretty nice area. "
    0
    Flag
  • Alisha A. L.
    "It’s an ok neighborhood. The commute is short if it’s around here it’s long anywhere else. The schools are not too bad either. "
    1
    Flag
  • Michael R. G.
    "The neighborhood is a great neighborhood to raise your kids in, I grew up here and I loved every minute of it."
    0
    Flag
  • Csimmons2769
    "It’s close to A.L. Brown and Downtown Kannapolis. Home of the upcoming Boomer baseball team. Awesome shopping, Amtrak station, Gem Theatre and more! "
    0
    Flag
  • Alisha A. L.
    "There is not enough space for your dog to run around! I feel the yards should be a little larger then they are."
    0
    Flag
  • Alisha A. L.
    "They do have great parks & they have a lot of different things going on depending on the season & holiday. Such as concerts etc..."
    4
    Flag
  • Skrull
    "it's friendly and people talk ro each other. save to walk all the time. pool is nice. hoa fee includes tv and internet. "
    0
    Flag
  • Megan.hucks9000
    "a lot of Kannapolis is quiet with a sleepy suburban small town feeling though it is getting bigger. nothing is very far from most places so you can still do grocery shopping or out to dinner etc without much hastle"
    0
    Flag
  • Nancy J.
    "Village Park family events. concerts, Park barbacues Friendly people communication Quiet area time Clean area. Protection,Area stores Community college seminar "
    2
    Flag
  • Brenda W. M.
    "There is a really nice dog park where dogs can be off-leash and play. Dogs in the neighborhood are contained behind yard fences or are walked on a leash."
    0
    Flag
  • Lys
    "Dogs are welcome. However there is a limit of 4 and it’s difficult to get the HSA to allow a fence without large gaps (which may be difficult for owners with small dogs) I have small dogs and we were able to get the fence, but it has to be a certain kind."
    2
    Flag
  • Casey B.
    "I love Kannapolis. I moved here to get away from the craziness of Charlotte and it's been great. Everyone is usually friendly around my neighborhood and I know most of my neighbors. It's quiet at night and there's not much light pollution. Kids are always playing outside and there's a dog in every yard. There's a plethora of parks to choose from around here and the neighborhoods have sidewalks. The only real downsides are loose dogs running around and hanging about in the road. Some yards are also not well maintained and have lots of trash etc. Lots of dilapidated and abandoned buildings. "
    0
    Flag
  • Trulia User
    "They love this area is quiet and they enjoy the surrounding areas specially the parks, everything is close: the mall, grocery stores, restaurants, etc,"
    2
    Flag
  • Joel S.
    "I don't particularly know about any community events in my area the only one is the Christmas parade."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4515 Rainbow Dr

  • What is 4515 Rainbow Dr estimated to be worth?
    Trulia's estimated value for 4515 Rainbow Dr in Kannapolis, NC is $694,600.
  • What is the price history for 4515 Rainbow Dr?
    4515 Rainbow Dr in Kannapolis, NC last sold for $315,000 in August 2014.
  • Is Kannapolis a buyer's or seller's market?
    Kannapolis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Kannapolis?
    The median sale price in Kannapolis is $283K. That is down $5.58K from the prior month.
  • How big is the lot at 4515 Rainbow Dr?
    The lot at 4515 Rainbow Dr in Kannapolis, NC is about 5.3 acres.
  • Does 4515 Rainbow Dr have a garage?
    Yes, 4515 Rainbow Dr in Kannapolis, NC has a garage.

Explore by feature - Pet Friendly

72 pet-friendly rentals in Kannapolis, NC

Explore by feature - Garage

32 rentals with a garage in Kannapolis, NC

Explore by feature - Air Conditioning

69 rentals with air conditioning in Kannapolis, NC

Explore by feature - Pool

32 rentals with a pool in Kannapolis, NC

Explore by feature - Washer/dryer

47 rentals with a washer/dryer in Kannapolis, NC

Explore by feature - Outdoor Space

12 rentals with an outdoor space in Kannapolis, NC

Apartments for Rent

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Off Market Homes Near 4515 Rainbow Dr

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