20126 Rainbow Cir, Cornelius, NC, 28031

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
2 Full Baths
1,030 SqFt
$510/SqFt
House

Location

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20126 Rainbow Cir, Cornelius$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned, Driveway
Year Built1982
HeatingHeat Pump
CoolingHeat Pump
WaterfrontBoat Ramp
MLS #4200946
StatusAccepting Backup Offers
(Active Under Contract)

About 20126 Rainbow Cir

Live at the lake with waterfront views year round or get the perfect vacation home! This updated 3 bed, 2 bath home in the popular Biscayne Park neighborhood features an open floorplan with updated gorgeous kitchen, a spacious living area with plenty of natural light, large bedrooms and primary has an ensuite full bathroom, and a stunning wrap-around porch/deck that gives you those stunning lake views all year long. Enjoy the convenience of storage under the home for bikes, kayaks, and more. The huge flat backyard is perfect for outdoor fun, with a firepit and a shed for extra storage. Walk across the road to the lake access for all your favorite water activities. Whether you’re seeking a peaceful retreat or a permanent home, this property offers the best of lake living. With no HOA dues, neighborhood boat access, and shopping within walking distance, this home is truly a rare find! A few blocks from shopping, restaurants. Minutes from Birkdale Village and I-77!

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Living Area: 1,030 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: courtney@homewithcourtney.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Boat Ramp

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Driveway

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $510/SqFt

Tax Information:

  • Annual Amount: $1,945
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cornelius, NC.

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Cornelius, NC

City

Med. Sold Price

$553.7K

Med. Price/SqFt

$273

Avg. Days On Market

40

# of Sold Homes

40

20126 Rainbow Cir vs Cornelius

33 DAYS ON ROCKET

-7 Days

$525,000

-$28.7K Less

$510/SqFt

+$237 More

KEY TAKEAWAY

This property is $28.7K less than the Median Sold Price and $237/SqFt more than other homes in Cornelius, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4200946

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: courtney@homewithcourtney.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2016Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,945$231,900
2020$1,978$231,900
2018$1,517$133,300

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-98151
6
/10

  • Cornelius Elementary School

  • 21126 Catawba Ave

  • 2.50 miles

  • Public District Grades KG-5

school-card-donut-98152
8
/10

  • J.V. Washam Elementary School

  • 9611 Westmoreland Rd

  • 2.64 miles

  • Public District Grades KG-5

school-card-donut-98153
9
/10

  • Grand Oak Elementary School

  • 15410 Stumptown Rd

  • 4.60 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $171,854. Most Cornelius, NC residents have annual incomes $200k+. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20126 Rainbow Cir

What is the listing price of this property?

The listing price of 20126 Rainbow Cir property is $525,000.

What type of property is this?

The property 20126 Rainbow Cir is a house located in Cornelius, North Carolina, 28031.

Is this property for sale now?

Accepting Backup Offers: 20126 Rainbow Cir is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,945 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 21, 2016 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20126 Rainbow Cir has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 20126 Rainbow Cir is 1,030 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20126 Rainbow Cir is 1982.

Rocket Homes›North Carolina›Mecklenburg County›Cornelius›28031›20126 Rainbow Cir

This home is located at 20126 Rainbow Cir in Cornelius, NC and zip code 28031 in the Biscayne Park neighborhood. This 1,030 square foot home was built in 1982. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $525,000.

Over 2 listings were sold over their listed price in November 2024 in Cornelius, NC. In the same period over 30 listings were sold below the listed price and 8 listings were sold for the listed price. Between October 2024 and November 2024, Cornelius, NC real estate market has seen decrease in the number of listings by 6.8%. While the average time on the market in November 2024 was 40 days, the median list price was $553,750.

From Rocket Homes Real Estate and based on county public records data.

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