$717,500
SOLD NOV 25, 2025

7 Rainbow Terrace Danvers, MA 01923

3 Beds
2 Baths
1,524 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$471 Per Sq Ft

10% Above List Price

8 Days on Market

Highlights

  • Marina
  • Deck
  • Cathedral Ceiling
  • Cape Cod Architecture
  • Property is near public transit and schools
  • Wood Flooring

About This Home

As of November 2025

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

Last Agent to Sell the Property

Amy Wallick

Lamacchia Realty, Inc. Listed on: 10/06/2025

Lamacchia Realty, Inc.

Last Buyer's Agent

Wendy Thomas

LAER Realty Partners

LAER Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,832

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 8,002 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,524 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • Sliding Doors
  • Mud Room
  • Living Room with Fireplace
  • Den
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Bulkhead
  • Deck

Schools

  • Riverside Elementary School
  • Holten Richmond Middle School
  • DHS High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:064 L:078 P:,1881974

Community Details

Recreation

  • Marina
  • Park

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,832

Year Built

Built in 1954 | Remodeled

Lot Details

8,002 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1954
  • Year Built Details: Approximate,Renovated Since
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Laminate, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Den, Mud Room
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Electric Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom3 Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Flooring - Laminate
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Laminate
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Remodeled, Slider
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 1524
  • Living Area: 1524
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: AN2314
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Deck - Composite, Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 2
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Marina, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:064 L:078 P:,1881974
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 8002
  • Lot Size Units: Acres
  • Property Attached YN: No

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5832

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Dhs
  • Elementary School: Riverside
  • Middle Or Junior School: Holten Richmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2025
Closed on
Nov 25, 2025
Sold by
Hinckley Allison and Hinckley Nicholas
Bought by
Kumar Rohit K and Thomas Nicole J
Seller's Agent
Amy Wallick
Lamacchia Realty, Inc.
Buyer's Agent
Wendy Thomas
LAER Realty Partners
List Price
$649,900
Sold Price
$717,500
Premium/Discount to List
$67,600
10.4%
Views
60
Current Estimated Value
$704,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,852
Avg. Annual Appreciation
-5.66%
Original Mortgage
$574,000
Outstanding Balance
$573,461
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$131,187

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jul 31, 2018
Sold by
Noble Jessica L and Noble Lucas J
Bought by
Gould Allison and Hinkley Nicholas
Seller's Agent
Lisa Sullivan
J. Barrett & Company
Buyer's Agent
Julie Tsakirgis
RE/MAX Property Shoppe, Inc.
List Price
$419,900
Sold Price
$465,500
Premium/Discount to List
$45,600
10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$432,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2015
Closed on
Aug 14, 2015
Sold by
Mackey Daniel J Est and Mackey
Bought by
Noble Jessica L and Noble Lucas J
Seller's Agent
Chris Comeau
Real Estate 109
Buyer's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$264,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed $717,500 --
Quit Claim Deed $465,500 --
Fiduciary Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $574,000 New Conventional
Previous Owner $432,500 New Conventional
Previous Owner $264,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Sold $717,500 +10.4% $471 / Sq Ft
10/14/2025 10/14/25 Pending -- -- --
10/06/2025 10/06/25 For Sale $649,900 +39.6% $426 / Sq Ft
07/31/2018 07/31/18 Sold $465,500 +10.9% $305 / Sq Ft View Prior Sale
06/26/2018 06/26/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $419,900 +27.2% $276 / Sq Ft
08/14/2015 08/14/15 Sold $330,000 0.0% $296 / Sq Ft View Prior Sale
08/08/2015 08/08/15 Pending -- -- --
07/16/2015 07/16/15 Off Market $330,000 -- --
06/15/2015 06/15/15 For Sale $330,000 -- $296 / 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 $5,832 $530,700 $333,500 $197,200
2024 $5,779 $520,200 $333,500 $186,700
2023 $5,535 $471,100 $303,000 $168,100
2022 $5,517 $435,800 $275,000 $160,800
2021 $5,333 $399,500 $260,400 $139,100
2020 $5,178 $396,500 $257,400 $139,100
2019 $4,923 $370,700 $234,000 $136,700
2018 $4,812 $355,400 $231,700 $123,700
2017 $4,524 $318,800 $202,400 $116,400
2016 $4,344 $305,900 $193,100 $112,800
2015 $4,245 $284,700 $175,500 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73440421

MLS Property Information Network (MLS PIN)

APN: DANV-000064-000000-000078

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