Last Sold Price
3 beds1,260 sqft$340/sqft
7 Rainbow Rd, Peabody, MA 01960

Description

HIGHEST AND BEST OFFERS DUE MONDAY 3/6 at NOON. Beautifully Renovated Home with nothing to do but move in! Modern Open Concept Home set on a corner lot. Kitchen features Shaker Cabinetry, Granite Countertops, Island and Stainless Steel Appliances. Improvements include all new electrical, all new plumbing and High Efficiency Central Heat and Air Conditioning. Living room with LED tv and ornamental fireplace. Detached one car Garage, hardwood flooring throughout the first floor and bonus room in the...HIGHEST AND BEST OFFERS DUE MONDAY 3/6 at NOON. Beautifully Renovated Home with nothing to do but move in! Modern Open Concept Home set on a corner lot. Kitchen features Shaker Cabinetry, Granite Countertops, Island and Stainless Steel Appliances. Improvements include all new electrical, all new plumbing and High Efficiency Central Heat and Air Conditioning. Living room with LED tv and ornamental fireplace. Detached one car Garage, hardwood flooring throughout the first floor and bonus room in the basement too!
LISTING CLOSED: 04/14/2017 12:00 AM

  1. Listed by Steven Belesis • Citylight Homes LLC

Property Details for 7 Rainbow Road

Status
MLS #
72126435
Days on Market
4
Taxes
$3,521 / year
HOA Fees
-
Property Type
MLS Type
Single Family / Detached
Year Built
1948
Town
Peabody
Area
MA-Peabody
Architectural Style
Cape
Style
Cape
Garage Spaces
1
Open Parking Spaces
3.00
Parking Spaces Total
3

Recent comparable sales

Median sold price

$560,000

Avg days on market

21

Sale-to-list ratio

102.3%

Peabody, MA

9 comparable properties found

$530,000 | 38 1/2 Ellsworth Road, Peabody, MA 01960
1/26
1

$530,000

Sold 08/14/26

3
Bedrooms
1,410
Square Feet
0.05
Acres
a front view of a house with a garden
1/37
2

$470,000

Sold 09/26/25

3
Bedrooms
1,256
Square Feet
0.07
Acres
$590,000 | 48 Dexter Street, Peabody, MA 01960
1/26
3

$590,000

Sold 10/23/24

3
Bedrooms
1,413
Square Feet
0.26
Acres
$525,000 | 46 Sutton Street, Peabody, MA 01960
1/38
4

$525,000

Sold 12/18/25

3
Bedrooms
1,456
Square Feet
0.22
Acres
$540,000 | 17 1/2 Ayer Street, Peabody, MA 01960
1/43
5

$540,000

Sold 06/25/25

3
Bedrooms
1,168
Square Feet
0.06
Acres
a brick house that has a small yard in front of it
1/39
6

$560,000

Sold 12/12/24

3
Bedrooms
1,488
Square Feet
0.11
Acres
$650,000 | 127 Lynn Street, Peabody, MA 01960
1/37
7

$650,000

Sold 06/06/25

3
Bedrooms
1,144
Square Feet
0.12
Acres
$635,000 | 41 Dexter Street, Peabody, MA 01960
1/43
8

$635,000

Sold 12/18/25

3
Bedrooms
1,248
Square Feet
0.14
Acres
front view of house
1/41
9

$675,000

Sold 04/14/25

3
Bedrooms
1,382
Square Feet
0.14
Acres

Location

Listing Courtesy of Citylight Homes LLC, Steven Belesis

Sold By Vylla Home, Kimberly Dowling

Add your commute

Building Information for 7 Rainbow Road

Stories-Year Built1948Building Size-Lot Size0.19 AC / 8,329 SF

Payment Calculator

$2,474 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,181

Property Taxes

$293

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7 Rainbow Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 1260.0
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range - ENERGY STAR, Propane Water Heater
  • Basement Features: Full, Partially Finished, Bulkhead
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Bonus Room
  • Laundry Features: In Basement
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Detached
  • Parking Features: Detached
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Propane
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Room Information
Primary Bedroom
  • Primary Bedroom Level: Second Floor
Bedroom 2
  • Bedroom2 Level: Second
Bedroom 3
  • Bedroom3 Level: First
Dining Room
  • Dining Room Level: First
Kitchen
  • Kitchen Level: First
Living Room
  • Room Living Room Level: First
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Seller has never occupied the home
Tax Information
  • Tax ID: M:0109 B:0235,2109998
  • Assessments: $299,400
  • Book: 35414
  • Tax Year: 2017
  • Zoning: R1A
Building / Association Information
Living Characteristics
  • Beds Total: 3
Other Building Characteristics
  • Foundation: Block
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 7 Rainbow Road

DateEvent & SourcePriceAppreciation
Apr 14, 2017

Sold

MLS PIN #72126435

$429,000
Apr 13, 2017

Sold (Public Record)

Public Record #592945941

$429,000
Apr 12, 2017

Sold (Public Record)

Public Record #592945803

$225,000
DateEvent & SourcePrice
04/14/2017

Sold

MLS PIN #72126435

$429,000
04/13/2017

Sold (Public Record)

Public Record #592945941

$429,000
04/12/2017

Sold (Public Record)

Public Record #592945803

$225,000

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

Public Records for 7 Rainbow Road

Taxable ValueLand$243,100Additions$481,600Total$724,700
Tax Record2025$6,711 ($559 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt1,760 SqFtAbove Grade Finished SqFt1,760 SqFtUnfinished Basement SqFt500 SqFtStories2Lot Size8,329 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated2016ZoningR1ACountyESSEXAPNPEAB M:0109 B:0235

Schools near 7 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7 Rainbow Road, Peabody, MA 01960
$429,000
3
1,260
8,329
$135,150
3
1,200
6,290
4
2
1,512
6,120
4
1
1,296
6,120
$459,000
4
1,512
7,118
$327,500
3
1,080
7,414

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 Citylight Homes LLC, Steven Belesis

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.