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111 Rainbow St; Concord, NC Property Details

111 Rainbow St, Concord, NC is a Single Family that was built in 1992. This property is not for sale. Our records show that 111 Rainbow St has 4 bedrooms, and 2 bathrooms, and a total of 1,876 square feet. The lot size of 111 Rainbow St is 43,650 square feet.

Off market
111 Rainbow St SW Concord, NC 28025
$518,990 Estimated Value
4 Beds
2 Baths
1,876 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $7,500
  • Open Loans / Balance: 2 / $242,135
  • Est. Equity / %: $173,865 / 41.79%
  • Gross Yield: 6.586%
  • APN: 5539 64 5869
  • Situs County: Cabarrus
  • Length Of Ownership: 41 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Softwood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,876/SqFt
  • Lot: 43,650/SqFt
  • Gross: 4,304/SqFt
  • Garage: 588/SqFt
  • Living: 1,876/SqFt
  • Basement: 1,232/SqFt
  • Building: 1,876/SqFt
  • Ground: 1,876/SqFt
  • Garage Finished: 588/SqFt
  • Garage Unfinished: 294/SqFt
  • Basement Unfinished: 1,232/SqFt
  • Price Per Square Foot: $4.00

Legal Description

  • Description: LTS 23 & P/O 22 EDGEWOOD HILLS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.374775 / -80.55481
  • Subdivision: Woodland Dr
  • Property Class: Residential
  • Zoning: RV
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5844
  • Cooling: Central
  • Garage: Mixed
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

111 Rainbow St SW has no associated ownership info
111 Rainbow St SW has no associated ownership info.

Taxes

111 Rainbow St SW has 8 associated Taxes items

111 Rainbow St, Concord, NC pays taxes in Cabarrus County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $518,990. The APN we've located for 111 Rainbow St is 5539 64 5869.

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Taxes
  • Assessed Value:  $518,990
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5539 64 5869
  • Assessed Land Value:  102000
  • Market Land Value:  102000
  • Market Value:  518990
  • Market Year:  2024

Tax History

111 Rainbow St SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $518,990 Land Value $102,000 Improvement Value $416,990 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $518,990 Land Value $102,000 Improvement Value $416,990 Tax Amount $5,169.14 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $518,990 Land Value $102,000 Improvement Value $416,990 Tax Amount $5,169.14 Change Rate +0.330538% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $318,870 Land Value $57,000 Improvement Value $261,870 Tax Amount $3,885 Change Rate Assessed CR Tax Rate +0.012184%
Year 2022 Assessed Value $318,420 Land Value $57,000 Improvement Value $261,420 Tax Amount $3,885 Change Rate Assessed CR Tax Rate +0.012201%
Year 2021 Assessed Value $318,420 Land Value $57,000 Improvement Value $261,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $318,420 Land Value $57,000 Improvement Value $261,420 Tax Amount $3,885 Change Rate +0.631702% Assessed CR Tax Rate +0.012201%
Year 2019 Assessed Value $195,160 Land Value $42,000 Improvement Value $153,160 Tax Amount $2,380.95 Change Rate +0.292358% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $156,130 Land Value $42,000 Improvement Value $114,130 Tax Amount $1,842.33 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $156,130 Land Value $42,000 Improvement Value $114,130 Tax Amount $1,842.33 Change Rate Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $150,340 Land Value $42,000 Improvement Value $108,340 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $150,340 Land Value $42,000 Improvement Value $108,340 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $150,340 Land Value $42,000 Improvement Value $108,340 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,774.01 Change Rate Assessed CR Tax Rate