$314,000
- 3 Beds
- 2 Baths
- 1,782 sqft (on 0.88 acres)
4646 Rainbow Dr, Kannapolis, NC 28081
Est. Refi. Payment $1,909/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 29, 2026 for $314,000 (1% above list price)
Home Value
Trulia Estimate
$314KSince last month
$0 (0%)Since last year
Decreased$11K (-3.5%)Since last sale
$0 (0%)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 +93% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $314K |
| August 2026 | $314K |
| July 2026 | $314K |
| June 2026 | $305K |
| May 2026 | $340K |
| April 2026 | $339K |
| March 2026 | $334K |
| February 2026 | $329K |
| January 2026 | $323K |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $209,000 | 07/24/26 | 4 | 2 | 1,725 | |
0.24 | Single-Family Home | $370,000 | 09/19/25 | 3 | 2.5 | 2,273 | |
0.33 | Single-Family Home | $315,000 | 03/05/26 | 3 | 2.5 | 1,470 | |
0.10 | Single-Family Home | $280,000 | 07/16/26 | 3 | 1 | 1,121 | |
0.67 | Single-Family Home | $320,000 | 08/20/26 | 3 | 2 | 1,336 | |
0.43 | Single-Family Home | $339,900 | 10/03/25 | 3 | 2 | 1,451 | |
0.45 | Single-Family Home | $300,000 | 08/10/26 | 3 | 2.5 | 1,290 | |
0.46 | Single-Family Home | $297,000 | 08/07/26 | 3 | 2.5 | 1,314 |
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 |
|---|---|---|---|---|---|---|
0.05 | $265,400 | 3 | 1.5 | 1,091 | Off Market | |
0.07 | $243,000 | 3 | 1 | 1,105 | Off Market | |
0.10 | $280,000 | 3 | 1 | 1,121 | Recently Sold | |
0.14 | $329,800 | 3 | 2.5 | 2,194 | Off Market | |
0.18 | $334,000 | 3 | 2.5 | 1,794 | Off Market | |
0.16 | $286,500 | 3 | 1.5 | 1,353 | Off Market | |
0.18 | $209,000 | 4 | 2 | 1,725 | Recently Sold | |
0.18 | $316,300 | 3 | 2 | 2,085 | Off Market | |
0.20 | $244,900 | 3 | 1.5 | 1,670 | Off Market | |
0.24 | $368,600 | 3 | 2.5 | 2,273 | Off Market | |
0.31 | $297,500 | 3 | 2 | 1,338 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1962
0.88 acre lot
1,782 sqft
$176/sqft
2 Car Garage
About this House
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.
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.
4646 Rainbow Dr, Kannapolis, NC 28081 is a 3 bedroom, 2 bathroom, 1,782 sqft single-family home built in 1962. It last sold for $314,000 on Jul 29, 2026 (1% above the $311,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $314,000, with a rent estimate of $2,113/month.
Last check for updates: about 21 hours ago
Listed by Barry Aldridge
Realty One Group Revolution
Bought with: DeAnne Haney, (980) 521-7501, RE/MAX Leading Edge
Source: Canopy MLS as distributed by MLS GRID, MLS#4394032

Home Details for 4646 Rainbow Dr
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Basement: Daylight,Exterior Entry,Walk-Out AccessNumber of Rooms: 8Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Dining Area, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1782 Square Feet |
Appliances & Utilities Utilities: Electricity ConnectedAppliances: Electric Cooktop, Electric Oven, Gas Water Heater, Wall OvenLaundry: Electric Dryer Hookup,In Basement,Washer Hookup |
Heating & Cooling Heating: Baseboard,Hot Water,Natural Gas,RadiantHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa Fireplace: Family Room, Wood Burning |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Linoleum, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Linoleum, Tile |
View No View |
Security Security: Security System |
|
|---|
Exterior Home Features Patio / Porch: DeckOther Structures: Shed(s) |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Attached Garage,Garage Faces Rear,Keypad Entry,Garage on Main Level |
Frontage Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Asphalt, Paved |
Water & Sewer Sewer: Septic Installed |
Surface & Elevation Elevation Units: Feet |
Finished Area Finished Area (above surface): 1782 Square Feet |
|
|---|
Cumulative Days on Market: 6 |
|
|---|
Year Built Year Built: 1962 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Brick FullNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 56047221770000 |
|
|---|
Price List Price: $311,000Price Per Sqft: $176/sqft |
|
|---|
Direction & Address City: KannapolisCommunity: Private Acres |
School Information Elementary School: Fred WilsonJr High / Middle School: KannapolisHigh School: A.L. Brown |
|
|---|
Building Area Building Area: 1782 Square Feet |
|
|---|
Not Senior Community |
|
|---|
Lot Area: 0.88 acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Conventional |
|
|---|
BasementMls Number: 4394032Attribution Contact: barry@barryaldridge.comAbove Grade Unfinished Area: 1782 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 29, 2026 Source: Canopy MLS as distributed by MLS GRID #4394032 | Sold | $314,000 |
Jun 18, 2026 Source: Canopy MLS as distributed by MLS GRID #4394032 | Listed For Sale | $311,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,819 | $269,120 |
Home facts updated by county records
Market trends in Kannapolis
Last updated August 2026
Avg. sale price
$276K
$7.17KMoM
Sale-to-List Price
—
Price per sq ft
$194
$5MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-12 01:03:27 PDT. 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. Click here for more information
Frequently asked questions about 4646 Rainbow Dr
- What is 4646 Rainbow Dr estimated to be worth?Trulia's estimated value for 4646 Rainbow Dr in Kannapolis, NC is $314,000.
- What is the price history for 4646 Rainbow Dr?4646 Rainbow Dr in Kannapolis, NC last sold for $314,000 in July 2026.
- 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 $276K. That is down $7.17K from the prior month.
- Does 4646 Rainbow Dr have air conditioning?Yes, 4646 Rainbow Dr in Kannapolis, NC has air conditioning.
- Does 4646 Rainbow Dr have laundry facilities?Yes, 4646 Rainbow Dr in Kannapolis, NC has laundry facilities.

