4786 Rainbow Dr
Kannapolis, NC 28081
- 2 Beds
- 2 Baths
- 1,067 sqft (on 1.07 acres)
2 Beds
2 Baths
1,067 sqft
(on 1.07 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1934
Lot Size
1.07 acres
Living Area
1,067 sqft
Price/Sqft
$239
Parking
Carport
Description
Back On The Market, No Fault Of the Seller, Buyer had a Credit Issue. . If you are looking for country living, yet close to everything, look no further. Come check out this well maintained home, on a large 1.07 acre lot, that is just minutes from revitalized downtown Kannapolis, where you can catch a ballgame, watch a movie at the Gem Theater, or just stroll the beautiful downtown. Also, this home is convenient to schools, shopping, and Interstate 85. Freshly painted with new HVAC in 2022, new roof in 2019, and vinyl siding, you will have many years of worry free maintenance in your new home. Come take a look.
4786 Rainbow Dr, Kannapolis, NC 28081 is a 2 bedroom, 2 bathroom, 1,067 sqft single-family home built in 1934. It last sold for $250,000 on Jan 27, 2025 (5% below the $262,900 asking price). It is currently off market. The Trulia Estimate is $254,700, with a rent estimate of $1,679/month.
Home Details for 4786 Rainbow Dr
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MLS Status: Closed |
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Interior Details Basement: Exterior EntryNumber of Rooms: 2Types of Rooms: Primary Bedroom, Living Room |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1067 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity ConnectedAppliances: Gas CooktopLaundry: In Bathroom |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Insulated WindowsFlooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Vinyl |
View No View |
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Exterior Home Features Roof: ShinglePatio / Porch: Front PorchFencing: Chain LinkOther Structures: Outbuilding |
Parking & Garage Has a CarportNo GarageNo Attached GarageParking: Attached Carport |
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): 1067 Square Feet |
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Cumulative Days on Market: 66 |
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Year Built Year Built: 1934 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: VinylNot a New Construction |
Property Information Parcel Number: 249E060/249E201 |
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Price List Price: $262,900 |
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Direction & Address City: KannapolisCommunity: NONE |
School Information Elementary School: UnspecifiedJr High / Middle School: UnspecifiedHigh School: Unspecified |
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Building Area Building Area: 1067 Square Feet |
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Not Senior Community |
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Lot Area: 1.07 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 4174853Attribution Contact: markgoodnightrealtor@gmail.comAbove Grade Unfinished Area: 1067 |
Last check for updates: about 3 hours ago
Listed by Mark Goodnight
Lantern Realty & Development, LLC
Bought with: Gloria Lozano, Century 21 DiGioia Realty
Source: Canopy MLS as distributed by MLS GRID, MLS#4174853

Price History for 4786 Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 01/27/2025 | $250,000 | Sold | Canopy MLS as distributed by MLS GRID #4174853 |
| 11/30/2024 | $262,900 | PriceChange | Canopy MLS as distributed by MLS GRID #4174853 |
| 10/10/2024 | $269,900 | PriceChange | Canopy MLS as distributed by MLS GRID #4174853 |
| 08/30/2024 | $239,900 | Listed For Sale | Canopy MLS as distributed by MLS GRID #4174853 |
| 06/06/2017 | $75,000 | Sold | N/A |
Market trends in Kannapolis
Last updated June 2026
Avg. sale price
$289K
$21.67KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$191
$12MoM
Available listings
258
1MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $724 |
| Assessment | $109,700 |
Home facts updated by county records
Comparable Sales for 4786 Rainbow Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $327,400 | 12/02/25 | 2 | 2 | 1,500 | |
0.21 | Single-Family Home | $247,500 | 04/24/26 | 2 | 1 | 1,064 | |
0.21 | Single-Family Home | $279,381 | 07/31/25 | 3 | 2 | 1,094 | |
0.24 | Single-Family Home | $225,000 | 10/07/25 | 2 | 1 | 885 | |
0.53 | Single-Family Home | $245,000 | 06/05/26 | 3 | 2 | 1,387 | |
0.24 | Single-Family Home | $309,000 | 07/15/26 | 3 | 2 | 1,320 | |
0.58 | Single-Family Home | $205,000 | 04/16/26 | 3 | 1.5 | 1,149 | |
0.52 | Single-Family Home | $260,000 | 06/01/26 | 3 | 1.5 | 1,226 | |
0.23 | Single-Family Home | $565,000 | 08/26/25 | 3 | 2 | 1,829 | |
0.27 | Single-Family Home | $284,900 | 03/03/26 | 3 | 2.5 | 1,300 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4786 Rainbow Dr.
What Locals Say about Kannapolis
At least 311 Trulia users voted on each feature.
86 % Say car is needed
84 % Say yards are well-kept
83 % Say parking is easy
70 % 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
36 % 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.
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Apartments for Rent
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Off Market Homes Near 4786 Rainbow Dr

Based on information submitted to the MLS GRID as of 2026-07-21 23:33:23 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

