$261,800
- 2 Beds
- 2 Baths
- 1,067 sqft (on 1.07 acres)
4786 Rainbow Dr, Kannapolis, NC 28081
Est. Refi. Payment $1,636/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 27, 2025 for $250,000
Home Value
Trulia Estimate
$262KSince last month
Increased$6K (+2.4%)Since last year
Increased$5K (+2.1%)Since last sale
Increased$11K (+4.3%)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 +272% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $261K |
| August 2026 | $255K |
| July 2026 | $253K |
| June 2026 | $256K |
| May 2026 | $254K |
| April 2026 | $254K |
| March 2026 | $256K |
| February 2026 | $253K |
| January 2026 | $252K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | 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 | |
0.24 | 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 | |
0.27 | Single-Family Home | $284,900 | 03/03/26 | 3 | 2.5 | 1,300 | |
0.26 | Single-Family Home | $315,000 | 03/05/26 | 3 | 2.5 | 1,470 | |
0.59 | Single-Family Home | $314,000 | 07/29/26 | 3 | 2 | 1,782 |
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 |
|---|---|---|---|---|---|---|
0.12 | - | - | - | - | Off Market | |
0.13 | $319,800 | 4 | 2 | 1,456 | Off Market | |
0.14 | $315,700 | 3 | 2 | 1,415 | Off Market | |
0.12 | $329,500 | 2 | 1.5 | 1,433 | Off Market | |
0.17 | $311,600 | 3 | 1.5 | 1,166 | Off Market | |
0.16 | $386,800 | 4 | 2 | 2,368 | Off Market | |
0.14 | - | - | - | - | Off Market | |
0.14 | $299,900 | 3 | 2 | 1,433 | For Sale | |
0.21 | $247,500 | 2 | 1 | 1,064 | Recently Sold | |
0.20 | - | 1 | 1 | 992 | Off Market | |
0.17 | $327,400 | 2 | 2 | 1,500 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1934
1.07 acre lot
1,067 sqft
$245/sqft
Carport
About this House
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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $261,800, with a rent estimate of $1,571/month.
Last check for updates: about 2 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

Home Details for 4786 Rainbow Dr
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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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MLS Status: Closed |
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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 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 27, 2025 Source: Canopy MLS as distributed by MLS GRID #4174853 | Sold | $250,000 |
Nov 30, 2024 Source: Canopy MLS as distributed by MLS GRID #4174853 | PriceChange | $262,900 Price decreased by 3% |
Oct 10, 2024 Source: Canopy MLS as distributed by MLS GRID #4174853 | PriceChange | $269,900 Price increased by 13% |
Aug 30, 2024 Source: Canopy MLS as distributed by MLS GRID #4174853 | Listed For Sale | $239,900 |
Jun 6, 2017 Source: N/A | Sold | $75,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $724 | $109,700 |
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 2026-09-24 06:58:22 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 4786 Rainbow Dr
- What is 4786 Rainbow Dr estimated to be worth?Trulia's estimated value for 4786 Rainbow Dr in Kannapolis, NC is $261,800.
- What is the price history for 4786 Rainbow Dr?4786 Rainbow Dr in Kannapolis, NC last sold for $250,000 in January 2025.
- 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 4786 Rainbow Dr have air conditioning?Yes, 4786 Rainbow Dr in Kannapolis, NC has air conditioning.
- Does 4786 Rainbow Dr have laundry facilities?Yes, 4786 Rainbow Dr in Kannapolis, NC has laundry facilities.

