NOT LISTED FOR SALE

6 Rainbow Rd Marblehead, MA 01945

Estimated Value: $823,767 - $1,165,000

3 Beds
2 Baths
1,533 Sq Ft
$617/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $481,000 $314 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,569/month

46 Days on Market

About This Home

As of July 2014

Vintage 1940's Colonial on superb street! Newly painted interior and hardwood floors. Opportunity to update to your tastes on this large 11,000 s.f. lot. Enjoy what this exciting location offers—Gatchell's Playground, Wyman Woods, the bike trail and neighborhood beach rights. Walk-up attic for storage and attached one-car garage.

Last Agent to Sell the Property

Linda Hayes

William Raveis R.E. & Home Services Listed on: 05/13/2014

William Raveis R.E. & Home Services

Last Buyer's Agent

Gayle Flaherty McAndrews

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,097

Year Built

1948

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Park, Conservation Area, Private School, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Attic Vent Elec.
  • Flooring: Laminate, Hardwood
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: Second Floor, 11X13
  • Bedroom 3: Second Floor, 11X13
  • Kitchen: First Floor, 10X12
  • Laundry Room: Basement
  • Living Room: First Floor, 11X16
  • Master Bedroom: Second Floor, 11X17
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 11X12

Exterior Features

  • Exterior: Shingles, Wood
  • Exterior Features: Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Oven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Barnum Douglas and Zotto Emily
Bought by
Zotto Emily
Current Estimated Value
$945,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Outstanding Balance
$397,360
Interest Rate
6.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$548,082

Purchase Details

Listed on
May 13, 2014
Closed on
Jul 18, 2014
Sold by
Benjamin S Smith Irt and Smith
Bought by
Barnum Douglas and Zotto Emily
Seller's Agent
Linda Hayes
William Raveis R.E. & Home Services
Buyer's Agent
Gayle Flaherty McAndrews
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$475,000
Sold Price
$481,000
Premium/Discount to List
$6,000
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$455,458
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2010
Sold by
Smith Benjamin S
Bought by
Benjamin S Smith Irt and Smith Marcia R
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
Zotto Emily -- None Available
Zotto Emily -- None Available
Barnum Douglas $481,000 --
Benjamin S Smith Irt -- --
Benjamin S Smith Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zotto Emily $403,000
Closed Zotto Emily $403,000
Previous Owner Barnum Douglas $455,458
Previous Owner Benjamin S Smith Irt $100,000
Previous Owner Benjamin S Smith Irt $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2014 07/18/14 Sold $481,000 0.0% $314 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
06/05/2014 06/05/14 Off Market $481,000 -- --
05/13/2014 05/13/14 For Sale $475,000 -- $310 / 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 $7,097 $784,200 $548,100 $236,100
2024 $7,204 $804,000 $575,500 $228,500
2023 $8,284 $828,400 $644,000 $184,400
2022 $7,234 $687,600 $507,000 $180,600
2021 $6,853 $657,700 $479,600 $178,100
2020 $6,717 $646,500 $479,600 $166,900
2019 $6,287 $585,400 $424,800 $160,600
2018 $6,149 $558,000 $397,400 $160,600
2017 $5,841 $530,500 $369,900 $160,600
2016 $5,584 $503,100 $342,500 $160,600
2015 $5,536 $499,600 $342,500 $157,100
2014 $5,285 $476,600 $328,800 $147,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71680313

MLS Property Information Network (MLS PIN)

APN: MARB-000059-000013