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$314,212

Listing Price

3beds

2baths

1,835sqft

38,610sqft lot

4646 Rainbow Dr, Kannapolis, NC 28081

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

171.23

Price / sqft

1962

Year built

Home Details

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).nnA 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.nnIn 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

Interior Details

Square Feet
  • 1835

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 38610

Water
  • No

Sewer
  • No

Parking
  • Type:

    Driveway Asphalt

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$731

$36,400

$137,800

--%

$174,200

2019

$644

$28,600

$124,750

--%

$153,350

2018

$628

$28,600

$124,750

--%

$153,350

2017

$598

$28,600

$124,750

--%

$153,350

2016

$563

$28,600

$124,750

--%

$153,350

2014

$546

$32,500

$116,690

--%

$149,190

2013

$546

$32,500

$116,690

--%

$149,190

2012

$573

$32,500

$116,690

--%

$149,190

percent-home-icon

Average Home Price in 28081

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$314,212

3 Beds

2 Baths

1,835 Sqft

38,610 Lot (sqft)

Sold 10/27/2026

$330,967

5 Beds

4 Baths

1,799 Sqft

22,216 Lot (sqft)

Sold 10/17/2026

$229,900

4 Beds

2 Baths

1,764 Sqft

19,519 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
314,212
$
Down payment
62,842.4
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,885.27
$
HOA (Monthly)
0
$
PMI
0
$
$2,034
Your Payment
Total Monthly Payment:$2,034
Percent of Income:35%
Affordable:No

Details for 4646 RAINBOW DR

Property Debt

Foreclosure Contact Details