5 Rainbow Terrace Danvers, MA 01923
Estimated Value: $599,138 - $843,000
3
Beds
3
Baths
1,701
Sq Ft
$417/Sq Ft
Est. Value
About This Home
This home is located at 5 Rainbow Terrace, Danvers, MA 01923 and is currently estimated at $709,785, approximately $417 per square foot. 5 Rainbow Terrace is a home located in Essex County with nearby schools including Danvers High School, St John The Baptist School, and Bishop Fenwick High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 28, 2015
Sold by
Swift Catherine A and Swift Ralph E
Bought by
Swift Catherine A and Swift Ralph E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$217,815
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$491,970
Purchase Details
Closed on
Oct 27, 1986
Bought by
Swift Catherine A and Swift Ralph E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Swift Catherine A | -- | -- | |
| Swift Catherine A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Swift Catherine A | $276,000 | |
| Previous Owner | Swift Catherine A | $104,500 | |
| Previous Owner | Swift Catherine A | $169,000 | |
| Previous Owner | Swift Catherine A | $30,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,971 | $543,300 | $333,500 | $209,800 |
| 2024 | $5,965 | $536,900 | $333,500 | $203,400 |
| 2023 | $5,694 | $484,600 | $303,000 | $181,600 |
| 2022 | $5,683 | $448,900 | $275,000 | $173,900 |
| 2021 | $5,488 | $411,100 | $260,400 | $150,700 |
| 2020 | $5,330 | $408,100 | $257,400 | $150,700 |
| 2019 | $5,076 | $382,200 | $234,000 | $148,200 |
| 2018 | $4,946 | $365,300 | $231,700 | $133,600 |
| 2017 | $4,659 | $328,300 | $202,400 | $125,900 |
| 2016 | $4,474 | $315,100 | $193,100 | $122,000 |
| 2015 | $4,342 | $291,200 | $175,500 | $115,700 |
Source: Public Records
Map
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