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115 Rainbow St; Concord, NC Property Details

115 Rainbow St, Concord, NC is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 115 Rainbow St has 3 bedrooms, and 3 bathrooms, and a total of 1,232 square feet. The lot size of 115 Rainbow St is 28,160 square feet.

Off market
115 Rainbow St SW Concord, NC 28025
$372,380 Estimated Value
3 Beds
3 Baths
1,232 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $187,500
  • Open Loans / Balance: 2 / $124,270
  • Est. Equity / %: $280,730 / 69.32%
  • Gross Yield: 6.243%
  • APN: 5539 64 3896
  • Situs County: Cabarrus
  • Length Of Ownership: 18 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Floor Cover Type: Vinyl
  • 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: 1,232/SqFt
  • Lot: 28,160/SqFt
  • Gross: 3,580/SqFt
  • Garage: 960/SqFt
  • Living: 1,232/SqFt
  • Basement: 1,232/SqFt
  • Building: 1,232/SqFt
  • Ground: 1,232/SqFt
  • Garage Finished: 672/SqFt
  • Basement Finished: 1,232/SqFt
  • Price Per Square Foot: $152.19

Legal Description

  • Description: LT 24 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: 35.37465 / -80.55535
  • Subdivision: Woodland Dr
  • Property Class: Residential
  • Zoning: RV
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5844
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Heat Pump
  • Parking: 3

Ownership Info

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

Taxes

115 Rainbow St SW has 8 associated Taxes items

115 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 $372,380. The APN we've located for 115 Rainbow St is 5539 64 3896.

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Taxes
  • Assessed Value:  $372,380
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5539 64 3896
  • Assessed Land Value:  85000
  • Market Land Value:  85000
  • Market Value:  372380
  • Market Year:  2024

Tax History

115 Rainbow St SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $372,380 Land Value $85,000 Improvement Value $287,380 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $372,380 Land Value $85,000 Improvement Value $287,380 Tax Amount $3,708.91 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $372,380 Land Value $85,000 Improvement Value $287,380 Tax Amount $3,708.91 Change Rate +0.385473% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $219,420 Land Value $47,500 Improvement Value $171,920 Tax Amount $2,677 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $219,420 Land Value $47,500 Improvement Value $171,920 Tax Amount $2,677 Change Rate +0.000026% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $219,420 Land Value $47,500 Improvement Value $171,920 Tax Amount $2,676.93 Change Rate -0.000026% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $219,420 Land Value $47,500 Improvement Value $171,920 Tax Amount $2,677 Change Rate +0.19422% Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $183,740 Land Value $35,000 Improvement Value $148,740 Tax Amount $2,241.63 Change Rate +0.0339% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $183,740 Land Value $35,000 Improvement Value $148,740 Tax Amount $2,168.13 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $183,740 Land Value $35,000 Improvement Value $148,740 Tax Amount $2,168.13 Change Rate Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $177,160 Land Value $35,000 Improvement Value $142,160 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $177,160 Land Value $35,000 Improvement Value $142,160 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $177,160 Land Value $35,000 Improvement Value $142,160 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,090.49 Change Rate Assessed CR Tax Rate