20218 Rainbow Cir, Cornelius, NC 28031 Property Records

Mecklenburg County property record for 20218 Rainbow Cir, Cornelius, NC 28031

Property Summary

Property Type	Single Family Home
Details	6 bd · 6 ba · 7,439 sqft · built 2021
Lot Size	0.689 acres (30,013 sqft)
Owner	2 Individual Names on File
Last Sale	$3,637,500 (Jun 2024)
Tax Bill	$15,918 (2025)
Deeds & Mortgages	May 2026 Construction Loan Apr 2022 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`001-702-04`

Property Details

APN / Parcel Number

Primary APN	`001-702-04`

Interior

Bedrooms	6 Beds
Full Baths	6 Baths
Stories	2 Stories
Building Area	7,439 sqft Living Area
Gross Area	8,701 sqft
1st Floor Area	4,220 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2021
Effective Year Built	Effective 2021
Exterior Material	Brick
Construction Type	Frame
Foundation Type	Raised
Roof Material	Other
Lot Area	30,013 sqft (0.689 acres)
Garage Type	Attached
Garage Area	1,262 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	20218 RAINBOW CIR
City	CORNELIUS
State	NC
Zip	28031-7166
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	GR
Legal Description	L73 M67-500
Legal Subdivision	BISCAYNE PARK
Legal Block	2
Legal Lot Number	73
Jurisdiction	MECKLENBURG NC
Township / Civil Division	10, LEMLEY
Census Block Group	1
Census Block	1004
Census Tract	6218

Owner

20218 Rainbow Cir is owned by two individuals who bought it in June 2024.

Source: Mecklenburg County records, as of June 15, 2026

Owner of Record	2 Individual Names on File
Mailing Address	9701 CANNON ST, VILLA PARK, CA 92861-1337
Owner Type	Individual
Vesting	Joint Tenants

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 1, 2026	Deed of Trust, Mortgage · Construction Mortgage NONE LISTED ON DOCUMENT
Apr 11, 2022	Deed of Trust, Mortgage · Conventional Mortgage UWHARRIE BANK
Jun 14, 2021	Deed of Trust, Mortgage · Construction Mortgage UWHARRIE BANK
Apr 11, 2022	Deed of Trust, Mortgage · Line of Credit UWHARRIE BANK
Feb 21, 2020	Warranty Deed, Transfer · Commercial Mortgage UWHARRIE BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jun 10, 2024 · Amount on File
Deed Sale	Jun 10, 2024 · Amount on File
Prior Sale	Feb 21, 2020 · Amount on File
Deed Document Number	202453057
Deed Book / Page	38870 / 920
Record Updated	Oct 29, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MECKLENBURG NC
Recording Date	May 1, 2026
Property Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166
Document Number	0000045673
Book / Page	40391 / 700
Instrument Date	Apr 27, 2026
Instrument	202645673
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166
Investor	Possibly a Property Investor

Mortgage

Document Number	0000045673,
Date	May 1, 2026
Book Page	40391/700
Instrument	202645673

Lender

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	12 Months
Due	Apr 27, 2027

Interest

Rate Type	Balloon
Rate	6.38%
Initial Type	Balloon
Max Rate	-1%

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MECKLENBURG NC
Property Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166
Transaction Type	Mortgage
Record Updated	May 25, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000055682
Date	Apr 11, 2022
Book Page	37240/588
Instrument	2022055682

Lender

Name	UWHARRIE BANK
Type	Bank
Address	ALBEMARLE, NC 28001

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2052

June 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MECKLENBURG NC
Property Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166
Transaction Type	Mortgage
Record Updated	May 25, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	20639 MYSTIC COVE RD, CORNELIUS, NC 28031-6507

Mortgage

Document Number	0000115603
Date	Jun 14, 2021
Book Page	36176/234
Instrument	2021115603

Lender

Name	UWHARRIE BANK
Type	Bank
Address	CHARLOTTE, NC 28277

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jun 11, 2051

Interest

Rate Type	Adjustable Rate

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MECKLENBURG NC
Property Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166
Transaction Type	Mortgage
Record Updated	May 25, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166

Mortgage

Document Number	0000055683
Date	Apr 11, 2022
Book Page	37240/598
Instrument	2022055683

Lender

Name	UWHARRIE BANK
Type	Bank
Address	CHARLOTTE, NC 28277

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	180 Months
Due	Apr 5, 2037

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

February 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MECKLENBURG NC
Recording Date	Feb 21, 2020
Property Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166
Document Number	0000024835
Book / Page	34303 / 994
Map Reference	MB 10 PG 183&185
Instrument Date	Feb 21, 2020
Instrument	2020024835
Transaction Type	Transfer
Record Updated	Jul 12, 2022

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$400.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1001 FIRETHORNE CLUB DR, 1001, MARVIN, NC 28173-6552

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	20218 RAINBOW CIR, CORNELIUS, NC 28031-7166

Mortgage

Document Number	0000024836
Date	Feb 21, 2020
Book Page	34304/1
Instrument	2020024836

Lender

Name	UWHARRIE BANK
Type	Bank
Address	CHARLOTTE, NC 28277

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	180 Months
Due	Feb 21, 2035

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 20218 Rainbow Cir was $15,918, up 1.5% from the year before.

Source: Mecklenburg County assessment roll, as of September 9, 2025

Property Jurisdictions

Type	Name
State	North Carolina
County	Mecklenburg County
Municipality	Cornelius Town
Unified School District	Charlotte-Mecklenburg Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$15,918.00 (+1.49%)	$2,382,690 Land $250,000 Building $2,132,690	$2,382,690 Land $250,000 Building $2,132,690
2024	$15,684.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 20218 Rainbow Cir in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective October 3, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 21 policies
Nearby Flood Policies	21 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 20218 Rainbow Cir is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 95% of the US · lower than 97.4% of North Carolina
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CHARLOTTE WATER serves 1,206,285 people · EPA ID NC0160010
Water Source	Surface water
Last State Inspection	Jul 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 118 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Spectrum Fiber	1,000 / 1,000
TDS Telecom Cable	1,000 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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