NOT LISTED FOR SALE

16 Rainbow Rd Peabody, MA 01960

South Peabody Neighborhood

Estimated Value: $640,000 - $709,000

4 Beds
2 Baths
1,344 Sq Ft
$506/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $343,000 $255 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,106/month

6 Days on Market

About This Home

As of September 2016

Great opportunity to live in fabulous South Peabody neighborhood! Traditional cape with full dormer features eat-in kitchen off the living room with working fireplace flanked by bookcases. Two bedrooms on first floor, one currently being used as a den. Full bath on first floor is freshly painted, has new vanity and medicine cabinet with lights. Two large bedrooms with built in drawers and bath on second floor. Full basement with second chimney for wood stove, laundry, and plenty of room to create additional living space. New hot water heater in 2015. Outside you'll find a beautiful in-ground pool just waiting for you to enjoy it! Pool was resurfaced and new tiles in 2003, new safety cover installed in 2009 and cleaning robot in 2011. Not opened this year but has been used every year prior to this year. Walk to the library at the end of the street or enjoy the nearby new Spring Pond Nature Trail for walking and biking when you make 16 Rainbow Rd your new home!

Last Agent to Sell the Property

Judith Johnson

Leading Edge Real Estate Listed on: 08/03/2016

Last Buyer's Agent

Nancy Yorgy

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

Single Family

Year Built

1949

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed
  • Property Type: Single Family
  • Other Agent: 1.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Storm Windows, Storm Doors
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Bedroom 2: Second Floor, 17X11
  • Bedroom 3: First Floor, 12X11
  • Bedroom 4: First Floor, 9X9
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 15X11
  • Laundry Room: Basement
  • Living Room: First Floor, 15X11
  • Master Bedroom: Second Floor, 17X12
  • Master Bedroom Description: Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Patio, Pool - Inground, Gutters, Storage Shed, Screens, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 1
  • Hot Water: Oil, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R1A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Sep 16, 2016
Sold by
Bailey Walter E Est
Bought by
Delrosario John W and Delrosario Maryanne T
Seller's Agent
Judith Johnson
Leading Edge Real Estate
Buyer's Agent
Nancy Yorgy
Keller Williams Realty Evolution
List Price
$339,900
Sold Price
$343,000
Premium/Discount to List
$3,100
0.91%
Current Estimated Value
$679,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,861
Avg. Annual Appreciation
7.45%
Original Mortgage
$325,850
Outstanding Balance
$260,276
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$419,585
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Delrosario John W $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delrosario John W $325,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $343,000 +0.9% $255 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $339,900 -- $253 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,673 $612,600 $228,600 $384,000
2024 $4,486 $491,900 $228,600 $263,300
2023 $4,576 $480,700 $204,100 $276,600
2022 $4,131 $409,000 $182,300 $226,700
2021 $3,889 $370,700 $165,700 $205,000
2020 $3,917 $364,700 $165,700 $199,000
2019 $3,916 $355,700 $165,700 $190,000
2018 $3,729 $325,400 $150,700 $174,700
2017 $3,616 $307,500 $150,700 $156,800
2016 $3,377 $283,300 $150,700 $132,600
2015 $2,932 $238,400 $146,900 $91,500
Source: Public Records

Agents Affiliated with this Home

  • Judith Johnson

    Seller's Agent in 2016

    Judith Johnson

    Leading Edge Real Estate

    (781) 405-5335

    50 Total Sales

    Judith Johnson
    Section Image

  • N

    Buyer's Agent in 2016

    Nancy Yorgy

    Keller Williams Realty Evolution

    (978) 229-2229

    2 in this area

    45 Total Sales

    Nancy Yorgy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72047731

MLS Property Information Network (MLS PIN)

APN: PEAB-000109-000000-000221

Massachusetts Essex County Peabody 01960 South Peabody

16 Rainbow Rd, Peabody, MA

Not Listed for Sale

Detached

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