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7 Rainbow Ter, Danvers, MA 01923

$717,500
Last sold 10/14/2025 after 8 Days
3
bed
2
bath
1,524
Sqft ($471/Sqft)

House not for sale

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About 7 Rainbow Ter

Property type House

Year built 1954

HOA fee $0/month

Lot size 8,002 Sqft

Movoto estimate

Parking 1 garage spaces

Property description

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

Listed by

Listing Agent - Amy L. Wallick

Listing Office - Lamacchia Realty, Inc.

Source: MLS Property Information Network, Inc.

MLS#73440421 • last updated 6 months ago

Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard, Oil
Levels/Style	Cape
MLS #	73440421
Type	Residential
Status	Closed
SubType	Single Family Residence
SqFt	1524
Lot Size (SqFt)	8002
Lot Size (Acres)	0.18
Annual Property Tax	5832
Year Built	1954

Interior
Bathroom 2	Bathroom - Full, Flooring - Laminate
Primary Bathroom	Yes
Total # of Bathrooms	2
Bathroom 1	Bathroom - Full, Flooring - Stone/Ceramic Tile
# Full Baths	2
Total # of Bedrooms	3
Bedroom 3	Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2	Ceiling Fan(s), Closet, Flooring - Hardwood
Basement	Full, Bulkhead, Concrete, Unfinished
Living Room	Flooring - Hardwood, Window(s) - Bay/Bow/Box
Total # of Rooms	7
Laundry	In Basement
Kitchen	Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Remodeled, Slider
Flooring	Tile, Carpet, Laminate, Hardwood, Flooring - Wall To Wall Carpet, Flooring - Stone/Ceramic Tile
Appliances	Electric Water Heater
# Fireplaces	1
Interior Features	Den, Mud Room
Fireplace	Living Room
Door Features	Storm Door(s)
Window Features	Insulated Windows

Exterior
Foundation	Concrete Perimeter
Roof	Shingle
Construction	Frame
# Covered Spaces	1
Parking Desc	Attached, Off Street
# Parking Spaces	3
# Garage Spaces	1
Exterior Features	Deck - Composite, Fenced Yard
Patio/ Porch	Deck - Composite
Fencing	Fenced/Enclosed, Fenced
Lot Desc	Level

Amenities / Utilities
Sewer	Public Sewer
Green Features: Energy Efficiency	Thermostat
Electricity	Circuit Breakers, 200+ Amp Service
Water Source	Public

Location
County	Essex
Community Features	Public Transportation, Shopping, Park, Highway Access, Marina, Public School
Elementary School	Riverside
Middle School	Holten Richmond
High School	Dhs
Zoning	R1
APN	M:064 L:078 P:, 1881974
Directions	Water St To Rainbow Terrace

Lot/ Land Details
Road Frontage	Public

$699K

Range: $664K-$733K

Last 30 days

Lower your payment with the loan terms that fit you.

Nov 2025
MLS # 73440421
Nov 25, 2025 Sold
$717,500 (+10.4%)
Oct 14, 2025 Active
—
Oct 6, 2025 Listed
$649,900 (+54.8%)
Jun 2018
MLS # 72349472
Jun 20, 2018 Listed
$419,900 (+27.2%)
Jun 2015
MLS # 71858068
Jun 15, 2015 Listed
$330,000

7 Rainbow Ter
$717K
—
01923
$809K +138% y/y
Danvers
$699K -7% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
5 Rainbow Ter, Danvers, MA 01923	$652,000	3/2	1,701	0.01
9 Rainbow Ter, Danvers, MA 01923	$653,000	3/2	1,315	0.02
6 Broad St, Danvers, MA 01923	$702,000	3/2	2,392	0.02
8 Rainbow Ter, Danvers, MA 01923	$740,000	3/1	2,482	0.02
11 Rainbow Ter, Danvers, MA 01923	$619,000	3/1	1,176	0.03
3 Rainbow Ter, Danvers, MA 01923	$607,000	2/1	1,080	0.03
6 Rainbow Ter, Danvers, MA 01923	$676,000	2/2	1,901	0.03
4 Broad St, Danvers, MA 01923	$692,000	3/1	1,500	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.