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123 Rainbow St; Concord, NC Property Details

123 Rainbow St, Concord, NC is a Single Family that was built in 1984. This property is not for sale. Our records show that 123 Rainbow St has 3 bedrooms, and 2 bathrooms, and a total of 1,997 square feet. The lot size of 123 Rainbow St is 20,000 square feet.

Off market
123 Rainbow St SW Concord, NC 28025
$254,860 Estimated Value
3 Beds
2 Baths
1,997 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Est. Equity / %: $403,000 / 100%
  • Gross Yield: 7.009%
  • APN: 5539 64 0857
  • Situs County: Cabarrus

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

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
  • Patio Type: Patio

Measurements

  • Total: 1,997/SqFt
  • Lot: 20,000/SqFt
  • Gross: 2,520/SqFt
  • Garage: 896/SqFt
  • Living: 1,997/SqFt
  • Building: 1,997/SqFt
  • Ground: 1,997/SqFt

Legal Description

  • Description: LT 27 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: 35.374657 / -80.55642
  • Subdivision: Woodland Dr
  • Property Class: Residential
  • Zoning: RM-1
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5844
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Offsite
  • Heating: Heat Pump
  • Parking: 4

Ownership Info

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

Taxes

123 Rainbow St SW has 8 associated Taxes items

123 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 $254,860. The APN we've located for 123 Rainbow St is 5539 64 0857.

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Taxes
  • Assessed Value:  $254,860
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5539 64 0857
  • Assessed Land Value:  68000
  • Market Land Value:  68000
  • Market Value:  254860
  • Market Year:  2024

Tax History

123 Rainbow St SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $254,860 Land Value $68,000 Improvement Value $186,860 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $254,860 Land Value $68,000 Improvement Value $186,860 Tax Amount $2,538.4 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $254,860 Land Value $68,000 Improvement Value $186,860 Tax Amount $2,538.4 Change Rate +0.236434% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $168,270 Land Value $38,000 Improvement Value $130,270 Tax Amount $2,053 Change Rate Assessed CR Tax Rate +0.012201%
Year 2022 Assessed Value $168,270 Land Value $38,000 Improvement Value $130,270 Tax Amount $2,053 Change Rate +0.000049% Assessed CR Tax Rate +0.012201%
Year 2021 Assessed Value $168,270 Land Value $38,000 Improvement Value $130,270 Tax Amount $2,052.9 Change Rate -0.000049% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $168,270 Land Value $38,000 Improvement Value $130,270 Tax Amount $2,053 Change Rate +0.226074% Assessed CR Tax Rate +0.012201%
Year 2019 Assessed Value $137,250 Land Value $28,000 Improvement Value $109,250 Tax Amount $1,674.45 Change Rate +0.033898% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $137,250 Land Value $28,000 Improvement Value $109,250 Tax Amount $1,619.55 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $137,250 Land Value $28,000 Improvement Value $109,250 Tax Amount $1,619.55 Change Rate Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $132,140 Land Value $28,000 Improvement Value $104,140 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $132,140 Land Value $28,000 Improvement Value $104,140 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $132,140 Land Value $28,000 Improvement Value $104,140 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,559.25 Change Rate Assessed CR Tax Rate