NOT LISTED FOR SALE

3 Rainbow Rd Marblehead, MA 01945

Estimated Value: $1,376,000 - $1,523,784

6 Beds
4 Baths
4,323 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,005,000 $232 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $8,682/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Security Service
  • Marblehead High School Rated A
  • Fenced Yard
  • 2-minute walk to Gatchell Playground

About This Home

As of October 2020

Well Located Stately Brick Center Entrance Colonial. Extremely well maintained home on expansive fenced in lot offers 5/6 bedrooms & 3.5 baths. Charming detail throughout includes custom built-ins/cabinetry, dental crown moldings, chair rail and paneling. High ceilings, rich hardwoods, tiled kitchen and baths. Spacious and gracious fireplaced formal living room. Den/studio with wood stove/brick hearth. Large master bedroom suite with 2 walk-in closets, home office, air conditioning and cathedral ceiling. 3 additional 2nd level bedrooms and new full bath. 3rd Level offers 2 expansive bedrooms with a/c, cathedral ceilings and full bath. Convenient access to expansive Azek deck and yard areas. Oversized and renovated 2 car garage ( new doors) with additional storage room to the rear. Driveway width for 3 cars. Marblehead Cliffs Association offers ocean access for swimming, kayak rack, play structure, grill, sunsets and events. Path to 8.3 Acres Gatchells Park & 43 acre Wyman Woods.

Last Agent to Sell the Property

Steven White

William Raveis R.E. & Home Services Listed on: 09/16/2020

William Raveis R.E. & Home Services

Co-Listed By

Myles White

William Raveis R.E. & Home Services License #454007788

Last Buyer's Agent

Timothy Knowlton

Beacon Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,456

Year Built

  • Built in 1940

Lot Details

  • Fenced Yard
  • Sprinkler System
  • Property is zoned SR

Parking

  • 2 Car Garage

Interior Spaces

  • Window Screens
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Heat Pump System
  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 59 17 0

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,456

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 230.16
  • Comp Based On: Net Sale Price
  • Year Built: 1940
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Fireplaces: 4
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 6
  • Master Bedroom: On Level: Second Floor, Dimension: 19X19, Bathroom - Full, Ceiling - Cathedral, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Dimension: 13X11, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Dimension: 13X10, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Bedroom 4: On Level: Second Floor, Dimension: 13X10, Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Bedroom 5: On Level: Third Floor, Dimension: 16X16, Ceiling - Cathedral, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
  • No Rooms: 14
  • Dining Room: On Level: First Floor, Dimension: 16X16, Flooring - Hardwood, Chair Rail, Deck - Exterior
  • Family Room: On Level: First Floor, Dimension: 22X13, Fireplace, Flooring - Stone/Ceramic Tile
  • Kitchen: On Level: First Floor, Dimension: 19X12, Flooring - Stone/Ceramic Tile, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Gas Stove
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 23X14, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Partially Finished, Interior Access, Bulkhead, Concrete Floor
  • Other Room 1: Name: Bathroom, On Level: Third Floor, Bathroom - Full, Bathroom - With Shower Stall, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
  • Other Room 2: Name: Bedroom, On Level: Third Floor, Dimension: 16X13, Ceiling - Cathedral, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Other Room 3: Name: Den, On Level: First Floor, Dimension: 13X12, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Other Room 4: Name: Entry Hall, On Level: First Floor
  • Other Room 5: Name: Game Room, On Level: Basement, Dimension: 22X13
  • Main Lo: M59500
  • Main So: AC2315
  • Estimated Sq Ft: 4323.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beach Ownership: Private, Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame, Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Wood, Brick
  • Exterior Features: Deck - Composite, Gutters, Storage Shed, Sprinkler System, Screens, Fenced Yard
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Partial, Mixed, Unknown

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5
  • Garage Parking: Attached, Garage Door Opener, Heated, Storage, Side Entry
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC, Wall AC, Heat Pump
  • Cooling Zones: 5
  • Heating: Hot Water Baseboard, Hot Water Radiators, Heat Pump, Oil
  • Heat Zones: 6
  • Hot Water: Oil, Separate Booster
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School

Lot Info

  • Assessments: 1030800.00
  • Acre: 0.31
  • Lot Size: 13503.00
  • Page: 385
  • Parcel Number: 59 17 0
  • Zoning: SR
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Storm Windows

Tax Info

  • Taxes: 10710.01
  • Assessor Parcel Number: 2021922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 4, 2020
Sold by
Rainbow Road Nt
Bought by
Sundmacher Julia S
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Timothy Knowlton
Beacon Properties
List Price
$995,000
Sold Price
$1,005,000
Premium/Discount to List
$10,000
1.01%
Current Estimated Value
$1,451,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,696
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Jul 7, 2010
Sold by
Casey-Schwab Jennifer P
Bought by
Rainbow Road Nt and Mcmanus Sheila C

Purchase Details

Closed on
Jul 27, 1992
Sold by
Bronson William L and Bronson Linda J
Bought by
Schwab Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1991
Sold by
West Thomas D
Bought by
Bronson William L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sundmacher Julia S $1,005,000 None Available
Sundmacher Julia S $1,005,000 None Available
Rainbow Road Nt -- --
Rainbow Road Nt -- --
Schwab Jennifer C $285,000 --
Schwab Jennifer C $285,000 --
Bronson William L $285,000 --
Bronson William L $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bronson William L $50,000
Previous Owner Bronson William L $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $1,005,000 +1.0% $232 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $995,000 -- $230 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $12,456 $1,376,400 $579,300 $797,100
2024 $11,777 $1,314,400 $608,200 $706,200
2023 $12,531 $1,253,100 $680,600 $572,500
2022 $11,525 $1,095,500 $535,800 $559,700
2021 $11,024 $1,058,000 $506,900 $551,100
2020 $10,710 $1,030,800 $506,900 $523,900
2019 $10,218 $951,400 $448,900 $502,500
2018 $10,166 $922,500 $420,000 $502,500
2017 $9,837 $893,500 $391,000 $502,500
2016 $9,596 $864,500 $362,000 $502,500
2015 $9,579 $864,500 $362,000 $502,500
2014 $9,096 $820,200 $347,600 $472,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72727266

MLS Property Information Network (MLS PIN)

APN: MARB-000059-000017