7 Rainbow Ter, Danvers, MA 01923
Property image
Property image
SOLD
NOV 25, 2025

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 $4,319/mo*
Refinance Your Home

$717,500

Last Sold: Nov 25, 2025
10% over list $650K
$471/sqft
Est. Refi. Payment $4,319/mo*
Refinance Your Home
3 Beds
2 Baths
1,524 sqft

Home Value

Trulia Estimate
$722K
Since last month
Decreased$8K (-1.1%)
Since last year
Increased$27K (+3.9%)
Since last sale
Increased$4K (+0.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +95% in the last 10 years
MonthEstimated value
2026
August 2026$721K
July 2026$729K
June 2026$732K
May 2026$727K
April 2026$728K
March 2026$721K
February 2026$724K
January 2026$723K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
26 Bates St, Danvers, MA
0.22
Single-Family Home
$700,000
12/10/25
3
2
1,496
7 Riverside St, Danvers, MA
0.13
Single-Family Home
$950,000
07/31/26
5
3
2,823
10 Mill St, Danvers, MA
0.36
Single-Family Home
$624,000
11/19/25
4
2
1,700
41 Endicott St, Danvers, MA
0.29
Single-Family Home
$440,000
08/28/25
3
1
1,306
24 Shortell Ave, Beverly, MA
0.71
Single-Family Home
$825,000
07/09/26
4
2
1,582
15 Roland Rd, Peabody, MA
0.64
Single-Family Home
$600,000
06/10/26
3
2
1,444
5 Colonial Rd, Peabody, MA
0.67
Single-Family Home
$720,000
11/10/25
4
1.5
1,920
29 Hayes Ave, Beverly, MA
0.78
Single-Family Home
$750,000
11/07/25
3
1.5
1,764
137 High St, Danvers, MA
0.64
Single-Family Home
$573,000
10/01/25
3
1.5
1,637

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3 Rainbow Ter, Danvers, MA 01923
0.03
$681,900
2
1
1,848
Off Market
4 Rainbow Ter, Danvers, MA 01923
0.05
$708,400
2
2
1,558
Off Market
90 Water St, Danvers, MA 01923
0.10
$749,000
3
1.5
1,872
For Sale
3 Riverside St, Danvers, MA 01923
0.11
$757,100
3
2
1,512
Off Market
7 Riverside St, Danvers, MA 01923
0.13
$950,000
5
3
2,823
Recently Sold
9 Endicott St #B, Danvers, MA 01923
0.14
$750,000
3
3.5
2,522
Recently Sold
16 Endicott St, Danvers, MA 01923
0.15
$655,600
3
2
2,173
Off Market
76 Water St, Danvers, MA 01923
0.17
$852,500
4
2.5
2,395
Recently Sold
65 Water St #2, Danvers, MA 01923
0.21
$431,800
2
1.5
1,016
Off Market
26 Bates St, Danvers, MA 01923
0.22
$700,000
3
2
1,496
Recently Sold
6 McDewell Ave #4, Danvers, MA 01923
0.25
$300,000
1
1
540
Recently Sold

Local Information

  • Map ViewExplore the area around 7 Rainbow Ter.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1954
Living Area
1,524 sqft
Price/Sqft
$471/sqft
Parking
1 Car Garage

About this House

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
7 Rainbow Ter, Danvers, MA 01923 is a 3 bedroom, 2 bathroom, 1,524 sqft single-family home built in 1954. It last sold for $717,500 on Nov 25, 2025 (10% above the $649,900 asking price). It is currently off market. The Trulia Estimate is $722,100, with a rent estimate of $3,785/month.

Home Details for 7 Rainbow Ter

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $649,900Price Per Sqft: $471/sqft
Status Change & Dates
Off Market Date: Mon Oct 27 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: Danvers
School Information
Elementary School: RiversideJr High / Middle School: Holten RichmondHigh School: Dhs

Building

Building Area
Building Area: 1524 Square Feet

Community

Community Features: Public Transportation, Shopping, Park, Highway Access, Marina, Public SchoolNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 8002 sqft

Offer

Contingencies: Pending P&S

Energy

Energy Efficiency Features: Thermostat

Miscellaneous

BasementMls Number: 73440421Above Grade Unfinished Area: 1524

Additional Information

Public TransportationShoppingParkHighway AccessMarinaPublic School
Last check for updates: about 2 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 and Tax history

DateEventPrice
Nov 25, 2025
Source: MLS PIN #73440421
Sold
$717,500
Oct 14, 2025
Source: MLS PIN #73440421
Contingent
$649,900
Oct 7, 2025
Source: MLS PIN #73440421
Listed For Sale
$649,900
Jul 31, 2018
Source: N/A
Sold
$465,500
Jun 26, 2018
Source: Agent Provided
Pending
$419,900

Market trends in Danvers

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$655K
$8.33KMoM
Sale-to-List Price
—
Price per sq ft
$395
$19MoM
Available listings
46
3MoM
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Around this home

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

Sourced by Trulia users. Learn more about our methodology.
  • Marottni
    "Proximity to rail trail is nice"
    0
    Flag
  • Ana Rodrigues
    "I've lived in this neighborhood for three years. People so nice and friendly. I have a toddler and we used to play with him outside the house and we felt so safe."
    0
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  • David Benman
    "Town holiday events nearby for example Christmas and Halloween every year downtown with lots of people"
    0
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  • David Benman
    "Good schools and safe neighborhoods and good restaurants and nearby bike trail which is good for walking"
    0
    Flag
  • Andrew A.
    "For the street I live on everyone feels like family. It’s RARE but I’m lucky to live on a street where neighbors help each other at the drop of a hat."
    3
    Flag
  • Eshmield R.
    "I don’t live in Danvers but I’ve worked here for a while and it is clean, neighborly, and everyone seems to be generally good people in the area "
    1
    Flag
  • Cynthia
    "A lot of Dog owner that walk the Danvers walking trail don't pick up after their dog and some do and throw their poop bags in the bushes..☹️"
    4
    Flag
  • Joseflores476
    "Everything is pretty close to Danvers. Major highways and road ways. Major retailers all within 15 minutes or less. Plenty of food options, 2 malls. Public schools are some of the best in the area. Overall friendly place to live. I enjoyed it"
    4
    Flag
  • Chris A.
    "maybe the traffic downtown and on sonne roads. it is like a small city after all. there are many main streets but plenty of side streets and parks including a dog park that would be perfect for anyone looking to let their dog loose and have sonne fun with other dogs"
    1
    Flag
  • Davidf51271
    "17 miles to Lexington where my office is . it takes about an hour or so back and forth. depending on the time of day . It can take well over an hour "
    1
    Flag
  • Debi D.
    "We have many many dogs in our Neighborhood. We all walk them and they get to see each other every day. Every single one friendlier than the next and all owners are very respectful with cleaning up after their puppies "
    2
    Flag
  • Yeniffer A.
    "Danvers is a good town, I think Danvers is one of the most good places in Massachusetts to live and raise your kids..."
    2
    Flag
  • Kaminsc
    "It is a very walkable area. You can walk to the square and the mall and library. There are sidewalks and crosswalks. Los of kids piling and people out walking their dog. "
    2
    Flag
  • Jenpratt110
    "There are dogs being walked all the time around my neighborhood and also there is a big open field they can play on !!!"
    0
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  • Keone C.
    "My neighborhood is great, there is a park 5 houses down. Everything is in walking distance, in the neighborhood I live in. The highway is close and my com mi ute is easy. "
    0
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  • Clgotts
    "Have lived my entire life in Danvers. Love this town and wouldn’t live anywhere else. Small community, well managed"
    1
    Flag
  • Mtw m.
    "It's very dog friendly here and people are responsible about cleaning up. Most houses have yards but there are no dog friendly parks in the immediate area. "
    0
    Flag
  • Julio
    "I have been living in Danvers for a year. The area is pricy but the school system is amazing. There are plenty of restaurants and activities to do with the kids. I truly enjoy the area, people are nice and educated, and keep the area clean. "
    0
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  • Breanna E.
    "I lived in th historic district which was very nice. I also lived downtown which was convenient. I lived on the water also which was also nice for obvious reasons."
    0
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  • Julio
    "It’s safe and clean. The average person is educated and has manners. People in general seem very happy and schools are great. I feel my children are safe in their school system. "
    0
    Flag
  • Andi
    "Everyone knows everyone, it’s a big town but a small one! People grow up here and then raise their families here. The schools are great."
    1
    Flag
  • Cmcarangelo
    "I live here and it’s close to a lot of activity such as restaurants and malls. This is stupid that I have "
    1
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Apartments for Rent

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Explore by feature - Pet Friendly

7 pet-friendly rentals in Danvers, MA

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Homes for sale near 7 Rainbow Ter

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Off Market Homes Near 7 Rainbow Ter

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Frequently asked questions about 7 Rainbow Ter

  • What is 7 Rainbow Ter estimated to be worth?
    Trulia's estimated value for 7 Rainbow Ter in Danvers, MA is $722,100.
  • What is the price history for 7 Rainbow Ter?
    7 Rainbow Ter in Danvers, MA last sold for $717,500 in November 2025.
  • Is Danvers a buyer's or seller's market?
    Danvers is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Danvers?
    The median sale price in Danvers is $655K. That is down $8.33K from the prior month.
  • Does 7 Rainbow Ter have laundry facilities?
    Yes, 7 Rainbow Ter in Danvers, MA has laundry facilities.
  • Does 7 Rainbow Ter have a yard?
    Yes, 7 Rainbow Ter in Danvers, MA has a yard.
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.