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Sold for $717,500
  • $717,500

    7 Rainbow Ter, Danvers, MA 01923

    3beds
    1,524sqft
    Single Family Residence
    Built in 1954
    8,002 Square Feet Lot
    $722,700 Zestimate®
    $471/sqft
    $3,537 Estimated rent

    Home value

    $722,700

    $658,000 - $795,000

    $3,537/mo

    Zestimate® history
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    What's special

    3 bed, 2 bath move-in ready Danversport Cape! First floor layout offers fireplaced living room, open concept renovated kitchen/dining area with breakfast bar, granite counters, ss appliances, hardwood floors and sliders leading to the backyard. Additional den area, 2 bedrooms with HW floors, renovated full bath and a generous mudroom with direct entry from the garage and the driveway door. Upstairs houses the primary suite with cathedral/beam ceilings, large closet area and the 2nd full bathroom. 1 car attached garage, composite deck overlooking the completely fenced in backyard and the basement offers plenty of additional storage. Sellers have invested in the "big" items during ownership including roof - upgraded electric 200 amps - kitchen (2018), heating system & oil tank - composite deck (2020), 1st floor bath (2024) and more! Located on a side street but easy access to commuter routes & area amenities. Seller will review offers after 5pm on Monday 10/13

    Zillow last checked: 7 hours ago

    Listing updated: November 25, 2025 at 09:53am

    Listed by:

    Amy L. Wallick 978-767-0889,

    Lamacchia Realty, Inc. 978-993-3600

    Bought with:

    Wendy Thomas

    LAER Realty Partners

    Source: MLS PIN,MLS#: 73440421

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Bathroom - Full, Flooring - Laminate
    • Level: Second
    Bedroom 2
    • Features: Ceiling Fan(s), Closet, Flooring - Hardwood
    • Level: First
    Bedroom 3
    • Features: Closet, Flooring - Hardwood, Lighting - Overhead
    • Level: First
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
    • Level: First
    Bathroom 2
    • Features: Bathroom - Full, Flooring - Laminate
    • Level: Second
    Kitchen
    • Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Remodeled, Slider
    • Level: First
    Living room
    • Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
    • Level: First
    Heating
    • Baseboard, Oil
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Basement
    Features
    • Den, Mud Room
    • Flooring: Tile, Carpet, Laminate, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
    • Doors: Storm Door(s)
    • Windows: Insulated Windows
    • Basement: Full,Bulkhead,Concrete,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,524
    • Total interior livable area: 1,524 sqft
    • Finished area above ground: 1,524

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Off Street
    • Attached garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Patio & porch: Deck - Composite
    • Exterior features: Deck - Composite, Fenced Yard
    • Fencing: Fenced/Enclosed,Fenced
    Lot
    • Size: 8,002 sqft
    • Features: Level
    Details
    • Parcel number: M:064 L:078 P:,1881974
    • Zoning: R1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1954

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Thermostat

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Highway Access, Marina, Public School
    Location
    • Region: Danvers

    Price history

    DateEventPrice
    11/25/2025Sold$717,500+10.4%$471/sqft
    Source: MLS PIN #73440421 Report a problem
    10/14/2025Contingent$649,900$426/sqft
    Source: MLS PIN #73440421 Report a problem
    10/7/2025Listed for sale$649,900+39.6%$426/sqft
    Source: MLS PIN #73440421 Report a problem
    7/31/2018Sold$465,500+10.9%$305/sqft
    Source: Public Record Report a problem
    6/26/2018Pending sale$419,900$276/sqft
    Source: Assurance Real Estate, LLC #72349472 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,832 +0.9%$530,700 +2%
    2024$5,779 +4.4%$520,200 +10.4%
    2023$5,535 $471,100

    Find assessor info on the county website

    Neighborhood: 01923

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Riverside
    • Middle: Holten Richmond
    • High: Dhs

    Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $722,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $722,700