7 Rainbow Ter
Danvers, MA 01923
- 3 Beds
- 2 Baths
- 1,524 sqft
$717,500
Last Sold: Nov 25, 2025
10% over list $650K
$471/sqft
Est. Refi. Payment $3,712/mo*
$717,500
Last Sold: Nov 25, 2025
10% over list $650K
$471/sqft
Est. Refi. Payment $3,712/mo*
3 Beds
2 Baths
1,524 sqft
Homes for sale near 7 Rainbow Ter
Apartments for Rent
Local Information
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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
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 25, 2025
Home Highlights
Parking
1 Car Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$471/sqft
Listed
125 days ago
Home Details for 7 Rainbow Ter
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Interior Details Basement: Full,Bulkhead,Concrete,UnfinishedNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Master Bathroom, Bathroom 1, Bathroom 2, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1524 Square Feet |
Appliances & Utilities Appliances: Electric Water HeaterLaundry: In Basement |
Heating & Cooling Heating: Baseboard,OilNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Living RoomHas a FireplaceNo Spa |
Gas & Electric Electric: Circuit Breakers, 200+ Amp Service |
Windows, Doors, Floors & Walls Window: Insulated WindowsDoor: Storm Door(s)Flooring: Tile, Carpet, Laminate, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile |
Levels, Entrance, & Accessibility Floors: Tile, Carpet, Laminate, Hardwood, Flooring Wall To Wall Carpet, Flooring Stone Ceramic Tile |
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Exterior Home Features Roof: ShinglePatio / Porch: Deck - CompositeFencing: Fenced/Enclosed, FencedExterior: Deck - Composite, Fenced YardFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached,Off Street |
Frontage Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1524 |
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Year Built Year Built: 1954 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape |
Building Construction Materials: FrameNot Attached PropertyDoes Not Include Home Warranty |
Property Information Not Included in Sale: Washer & DryerParcel Number: M:064 L:078 P:, 1881974 |
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Price List Price: $649,900Price Per Sqft: $471/sqft |
Status Change & Dates Off Market Date: Mon Oct 27 2025 |
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MLS Status: Sold |
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Direction & Address City: Danvers |
School Information Elementary School: RiversideJr High / Middle School: Holten RichmondHigh School: Dhs |
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Building Area Building Area: 1524 Square Feet |
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Community Features: Public Transportation, Shopping, Park, Highway Access, Marina, Public SchoolNot Senior Community |
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No HOA |
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Lot Area: 8002 sqft |
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Contingencies: Pending P&S |
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Energy Efficiency Features: Thermostat |
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BasementMls Number: 73440421Above Grade Unfinished Area: 1524 |
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Public TransportationShoppingParkHighway AccessMarinaPublic School |
Last check for updates: about 5 hours ago
Listed by Amy L. Wallick, (978) 767-0889
Lamacchia Realty, Inc., (978) 993-3600
Bought with: Wendy Thomas, (978) 884-4985, LAER Realty Partners, (978) 777-5509
Source: MLS PIN, MLS#73440421
Price History for 7 Rainbow Ter
| Date | Price | Event | Source |
|---|---|---|---|
| 11/25/2025 | $717,500 | Sold | MLS PIN #73440421 |
| 10/14/2025 | $649,900 | Contingent | MLS PIN #73440421 |
| 10/07/2025 | $649,900 | Listed For Sale | MLS PIN #73440421 |
| 07/31/2018 | $465,500 | Sold | N/A |
| 06/26/2018 | $419,900 | Pending | Agent Provided |
| 06/20/2018 | $419,900 | Listed For Sale | Agent Provided |
| 08/14/2015 | $330,000 | Sold | N/A |
| 08/07/2015 | $330,000 | Pending | Agent Provided |
| 06/16/2015 | $330,000 | Listed For Sale | Agent Provided |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,832 |
| Assessment | $530,700 |
Home facts updated by county records
Comparable Sales for 7 Rainbow Ter
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $700,000 | 12/10/25 | 3 | 2 | 1,496 | |
0.36 | Single-Family Home | $624,000 | 11/19/25 | 4 | 2 | 1,700 | |
0.53 | Single-Family Home | $700,000 | 08/15/25 | 4 | 2 | 1,464 | |
0.29 | Single-Family Home | $440,000 | 08/28/25 | 3 | 1 | 1,306 | |
0.69 | Single-Family Home | $677,000 | 08/04/25 | 3 | 1.5 | 1,476 | |
0.76 | Single-Family Home | $640,000 | 07/25/25 | 3 | 2 | 1,514 | |
0.67 | Single-Family Home | $720,000 | 11/10/25 | 4 | 1.5 | 1,920 | |
0.78 | Single-Family Home | $750,000 | 11/07/25 | 3 | 1.5 | 1,764 | |
0.64 | Single-Family Home | $573,000 | 10/01/25 | 3 | 1.5 | 1,637 |
Assigned Schools
These are the assigned schools for 7 Rainbow Ter.
What Locals Say about Danvers
At least 166 Trulia users voted on each feature.
88 % Say car is needed
87 % Say it's dog friendly
87 % Say there are sidewalks
82 % Say parking is easy
75 % Say streets are well-lit
74 % Say there's holiday spirit
73 % Say people would walk alone at night
73 % Say kids play outside
67 % Say yards are well-kept
66 % Say there's wildlife
61 % Say it's quiet
57 % Say they plan to stay for at least 5 years
56 % Say it's walkable to restaurants
50 % Say neighbors are friendly
41 % Say it's walkable to grocery stores
35 % Say there are community events
Learn more about our methodology.
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Homes for rent near 7 Rainbow Ter
Off Market Homes Near 7 Rainbow Ter
Explore by feature
7 Rainbow Ter, Danvers, MA 01923 is a 3 bedroom, 2 bathroom, 1,524 sqft single-family home built in 1954. This property is not currently available for sale. 7 Rainbow Ter was last sold on Nov 25, 2025 for $717,500 (10% higher than the asking price of $649,900). The current Trulia Estimate for 7 Rainbow Ter is $728,100.

