Last Sold Price
4 beds1,344 sqft$255/sqft
16 Rainbow Rd, Peabody, MA 01960

Description

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...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!
LISTING CLOSED: 09/16/2016 12:00 AM

  1. Listed by Judith Johnson • Leading Edge Real Estate

Property Details for 16 Rainbow Road

Status
MLS #
72047731
Days on Market
34
Taxes
$3,377 / year
HOA Fees
-
Property Type
MLS Type
Single Family / Detached
Year Built
1949
Town
Peabody
Area
MA-Peabody
Architectural Style
Cape
Style
Cape
Garage Spaces
0
Open Parking Spaces
2.00
Parking Spaces Total
2

Recent comparable sales

Median sold price

$630,000

Avg days on market

16

Sale-to-list ratio

105.2%

Peabody, MA

9 comparable properties found

1

$295,000

Sold 04/13/26

4
Bedrooms
1
Bathrooms
1,080
Square Feet
0.14
Acres
a view of a house with a yard and large tree
1/11
2

$537,550

Sold 10/07/25

4
Bedrooms
1,215
Square Feet
0.20
Acres
a front view of a house with a yard
1/38
3

$762,000

Sold 05/22/25

4
Bedrooms
1,600
Square Feet
0.12
Acres
$575,000 | 17 Tuckers Court, Peabody, MA 01960
1/11
4

$575,000

Sold 06/29/26

4
Bedrooms
1,323
Square Feet
0.11
Acres
an aerial view of a house with a garden
1/36
5

$649,900

Sold 12/04/25

4
Bedrooms
1,344
Square Feet
0.17
Acres
a front view of a house with a yard
1/43
6

$580,000

Sold 11/26/24

4
Bedrooms
1,478
Square Feet
0.11
Acres
a sign that is sitting on the side of a road
1/39
7

$700,000

Sold 06/30/25

4
Bedrooms
1,470
Square Feet
0.16
Acres
a front view of a house with a yard
1/35
8

$630,000

Sold 09/12/24

4
Bedrooms
1,512
Square Feet
0.14
Acres
a view of a white house with a large tree
1/43
9

$690,000

Sold 03/31/26

4
Bedrooms
1,321
Square Feet
0.18
Acres

Location

Listing Courtesy of Leading Edge Real Estate, Judith Johnson

Sold By Keller Williams Realty Evolution, Nancy Yorgy

Add your commute

Building Information for 16 Rainbow Road

Stories-Year Built1949Building Size-Lot Size0.14 AC / 6,133 SF

Payment Calculator

$2,025 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,743

Property Taxes

$281

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 16 Rainbow Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 1344.0
  • Color: green
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: South Memorial
  • High School: Pvmhs
  • Middle School: Higgins Ms
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Oil Water Heater, Tankless Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • DoorFeatures: Storm Door(s)
  • FireplaceFeatures: Living Room
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Tile, Vinyl, Carpet, Hardwood
  • Laundry Features: In Basement, Washer Hookup
  • Primary Bath: No
  • Window Features: Storm Window(s), Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Storage Shed
  • Exterior Features: Fenced Yard, Pool - Inground, Screens, Storage Shed, Patio
  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Paved Driveway
  • Parking Features: Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Baseboard, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 204.0
  • Room Primary Bedroom Features: Closet,Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet
  • Room Primary Bedroom Length: 17.0
  • Primary Bedroom Level: Second Floor
  • Room Primary Bedroom Width: 12.0
Bedroom 2
  • Bedroom2 Area: 187.0
  • Bedroom2 Features: Closet,Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet
  • Bedroom2 Length: 17.0
  • Bedroom2 Level: Second
  • Bedroom2 Width: 11.0
Bedroom 3
  • Bedroom3 Area: 132.0
  • Bedroom3 Features: Closet,Flooring - Hardwood
  • Bedroom3 Length: 12.0
  • Bedroom3 Level: First
  • Bedroom3 Width: 11.0
Bedroom 4
  • Bedroom4 Area: 81.0
  • Bedroom4 Features: Closet,Flooring - Hardwood
  • Bedroom4 Length: 9.0
  • Bedroom4 Level: First
  • Bedroom4 Width: 9.0
Bathroom 1
  • Bathroom1 Features: Bathroom - Full,Bathroom - With Tub & Shower,Flooring - Stone/Ceramic Tile
  • Bathroom1 Level: First
Bathroom 2
  • Bathroom2 Features: Bathroom - Half
  • Bathroom2 Level: Second
Kitchen
  • Kitchen Area: 165.0
  • Kitchen Features: Flooring - Vinyl,Exterior Access
  • Kitchen Length: 15.0
  • Kitchen Level: First
  • Kitchen Width: 11.0
Living Room
  • Room Living Room Area: 165.0
  • Room Living Room Features: Flooring - Hardwood
  • Room Living Room Length: 15.0
  • Room Living Room Level: First
  • Room Living Room Width: 11.0
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 2109983
  • Assessments: $283,300
  • Block: 221
  • Book: 3969
  • Map: 109
  • Tax Year: 2016
  • Zoning: R1A
Building / Association Information
Living Characteristics
  • Beds Total: 4
Other Building Characteristics
  • Foundation: Block
  • Cooling Zones: 0
  • Heat Zones: 1
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 1.5%

Property History for 16 Rainbow Road

DateEvent & SourcePriceAppreciation
Sep 16, 2016

Sold (Public Record)

Public Record #579546260

$343,000
Sep 16, 2016

Sold

MLS PIN #72047731

$343,000
Aug 8, 2016

Under Agreement

MLS PIN #72047731

DateEvent & SourcePrice
09/16/2016

Sold (Public Record)

Public Record #579546260

$343,000
09/16/2016

Sold

MLS PIN #72047731

$343,000
08/08/2016

Under Agreement

MLS PIN #72047731

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Rainbow Road

Taxable ValueLand$228,600Additions$384,000Total$612,600
Tax Record2025$5,673 ($473 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories2Lot Size6,133 SqFtStyleSingle Family ResidenceYear Built1949Year Renovated1949ZoningR1ACountyESSEXAPNPEAB M:0109 B:0221

Schools near 16 Rainbow Road

This home is within Peabody School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
South Memorial Elementary School
PublicPK to 5

J Henry Higgins Middle School
Public6 to 8

Peabody Veterans Memorial High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 01960

$730,000 | 1002 Pine Brook Drive, Unit 20, Peabody, MA 01960
1/33
New

$730,000

3
Bedrooms
2,418
Square Feet
$589,000 | 16 Lynn Street, Peabody, MA 01960
1/16
Open: 8/29 11:00AM - 02:00PMNew

$589,000

2
Bedrooms
1,221
Square Feet
0.11
Acres
$599,900 | 12 Northfield Road, Peabody, MA 01960
1/42

$599,900

2
Bedrooms
1,899
Square Feet
0.36
Acres
$1,050,000 | 39 Washington Street, Peabody, MA 01960
1/42

$1,050,000

5
Bedrooms
3,536
Square Feet
0.42
Acres
$1,050,000 | 114 Central Street, Peabody, MA 01960
1/30

$1,050,000

8
Bedrooms
3,884
Square Feet
0.13
Acres
$629,900 | 6 Haskell Place, Peabody, MA 01960
1/29
Listed By Coldwell Banker Realty

$629,900

2
Bedrooms
1,402
Square Feet
0.14
Acres
$630,000 | 4902 Heatherwood Lane, Unit 4902, Peabody, MA 01960
1/42

$630,000

2
Bedrooms
1,864
Square Feet
$599,000 | 71 Tremont Street, Peabody, MA 01960
1/30

$599,000

5
Bedrooms
1,722
Square Feet
0.12
Acres
$505,000 | 112 Lowell Street, Unit 11, Peabody, MA 01960
1/20

$505,000

2
Bedrooms
1,623
Square Feet

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Rainbow Road, Peabody, MA 01960
$343,000
4
1,344
6,133
$146,000
4
2.5
1,666
6,229
$1
4
2
2,464
6,003
$335,000
4
1,344
6,290
3
1
1,152
6,530
$340,000
4
1,152
6,290

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Leading Edge Real Estate, Judith Johnson

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.