701 Rainbow Dr, Kannapolis, NC 28081
OFF MARKET

701 Rainbow Dr
Kannapolis, NC 28081

  • 3 Beds
  • 3 Baths
  • 1,460 sqft (on 0.76 acres)

$261,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,546/mo*
Refinance Your Home

$261,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,546/mo*
Refinance Your Home
3 Beds
3 Baths
1,460 sqft
(on 0.76 acres)

Local Information

  • Map ViewExplore the area around 701 Rainbow Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Great home in great location for either owner occupant or rental. Currently used as rental with 3 year lease ending 11/6/14 at $800/month. Large lot and nice house with full basement.
701 Rainbow Dr, Kannapolis, NC 28081 is a 3 bedroom, 3 bathroom, 1,460 sqft single-family home built in 1959. It last sold for $80,000 on Jun 10, 2009. It is currently off market. The Trulia Estimate is $261,400, with a rent estimate of $1,780/month.

Home Highlights

Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 701 Rainbow Dr

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: FootingPatio
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1959Year Updated: 1975
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 0.76 acres

Price History for 701 Rainbow Dr

DatePriceEventSource
10/21/2011$102,000ListingRemovedAgent Provided
06/01/2011$102,000PriceChange
Agent Provided
04/22/2011$109,900Listed For SaleAgent Provided
06/10/2009$80,000Sold
N/A
02/25/2009$70,000PriceChange
Agent Provided
02/05/2009$98,900Listed For SaleAgent Provided
11/05/2004$93,000Sold
N/A

Market trends in Kannapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
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
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Property Tax and Assessment

Year2025
Tax$2,831
Assessment$249,340
Home facts updated by county records

Comparable Sales for 701 Rainbow Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1110 Red St, Kannapolis, NC
0.35
Single-Family Home
$80,000
01/08/26
4
1
1,344
841 Murphy St, Kannapolis, NC
0.35
Single-Family Home
$167,500
07/25/25
3
2
1,568
717 Margate Ave, Kannapolis, NC
0.19
Single-Family Home
$304,500
06/11/26
3
2.5
1,400
802 Bethpage Rd, Kannapolis, NC
0.19
Single-Family Home
$206,300
03/17/26
3
1
1,561
842 Murphy St, Kannapolis, NC
0.33
Single-Family Home
$230,000
07/22/25
3
2
1,298
512 Murphy St, Kannapolis, NC
0.51
Single-Family Home
$65,000
10/31/25
3
2
1,456
907 Bethpage Rd, Kannapolis, NC
0.22
Single-Family Home
$225,000
09/04/25
3
2
1,116
846 Murphy St, Kannapolis, NC
0.36
Single-Family Home
$287,500
10/15/25
3
2.5
1,435
1220 Lombardi St, Kannapolis, NC
0.28
Single-Family Home
$299,000
01/06/26
3
2
1,439
719 Margate Ave, Kannapolis, NC
0.19
Single-Family Home
$285,000
07/01/26
3
2
1,158

Nearby homes

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Assigned Schools

These are the assigned schools for 701 Rainbow Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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
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  • 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

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Homes for sale near 701 Rainbow Dr

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Off Market Homes Near 701 Rainbow Dr

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