3 Rainbow Ter

1,848 Sq. Ft.
$340 / Sq. Ft.
1,848
Sq. Ft.
$340
per Sq. Ft.

Description

This home is ready to grow with you! Views of Crane River from this loving Cape Cod style home on a quiet side street off Water St, and close to Beverly/Salem/Peabody. The already walk up attic has a unfinished space that could make this 2 bedroom home a 4 easily or primary suite. Lower level family room just needs flooring but additional space for future in law or kept as a family room. Kitchen is dated but massive and leads out to backyard with a stunning in-ground pool, irrigation system and well...This home is ready to grow with you! Views of Crane River from this loving Cape Cod style home on a quiet side street off Water St, and close to Beverly/Salem/Peabody. The already walk up attic has a unfinished space that could make this 2 bedroom home a 4 easily or primary suite. Lower level family room just needs flooring but additional space for future in law or kept as a family room. Kitchen is dated but massive and leads out to backyard with a stunning in-ground pool, irrigation system and well manicured oasis. Enclosed attached back room patio area adds another space to enjoy backyard cookouts, exercise room or etc. Endless possibilities and a "Must See" well maintained with lots of major updates through out the years roof, heating system, windows and water tank etcc.. Chase the rainbow and don't miss out on making this home yours and not an illusion! Offer Deadline Monday 8/26 5pm.
  1. Listed by Ronda Cogliano • Century 21 North East
  2. Listed by Cookie Melanson • Century 21 North East

Property Details for 3 Rainbow Terrace

Town
Danvers
Area
MA-Danvers
Architectural Style
Cape
Style
Cape
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 09/05/2025 01:09 PM

Property Details for 3 Rainbow Terrace

StatusSold
MLS #73279107
Days on Market23
Taxes$5,874 / year
HOA Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Detached
Year Built1955
CountyEssex County

Location

Listing Courtesy of Century 21 North East, Ronda Cogliano; Century 21 North East, Cookie Melanson

Sold By J. Barrett & Company, Maria Salzillo

Add your commute

Building Information for 3 Rainbow Terrace

Stories-Year Built1955Building Size-Lot Size0.18 AC / 8,002 SF

Payment Calculator

$3,555 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,065

Property Taxes

$490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3 Rainbow Terrace

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: FHA
  • Living Area: 1848.0
  • SqFt with Basement: Yes
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Interior Features: Other(See Remarks)
  • SpaYN: No
Exterior Features
  • Waterfront Features: Harbor, Ocean, River, Unknown To Beach, Beach Ownership(Public)
  • Waterview Features: River
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Other (See Remarks)
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Room Information
Primary Bedroom
  • Primary Bedroom Level: First Floor
Bedroom 2
  • Bedroom2 Level: First
Family Room
  • Family Room Level: Basement
Kitchen
  • Kitchen Level: First
Living Room
  • Room Living Room Level: First
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: *Dishwasher may not work,current owner doesn't use. *Property does not have any existing Washer/Dryer hook up.
Tax Information
  • Tax ID: 1881972
  • Assessments: $528,700
  • Book: 00
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 2
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Zones: 0
  • Heat Zones: 1
Complex & Association Information
  • Adult Community: No

Property History for 3 Rainbow Terrace

DateEvent & SourcePriceAppreciation
Sep 26, 2024

Sold

MLS PIN #73279107

$628,888—
Sep 10, 2024

Under Agreement

MLS PIN #73279107

—
Aug 27, 2024

Contingent

MLS PIN #73279107

—
Aug 18, 2024

Listed (Active)

MLS PIN #73279107

$588,888—
DateEvent & SourcePrice
09/26/2024

Sold

MLS PIN #73279107

$628,888
09/10/2024

Under Agreement

MLS PIN #73279107

—
08/27/2024

Contingent

MLS PIN #73279107

—
08/18/2024

Listed (Active)

MLS PIN #73279107

$588,888

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

Public Records for 3 Rainbow Terrace

Taxable ValueLand$333,500Additions$195,200Total$528,700
Tax Record2024$5,874 ($490 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,080 SqFtAbove Grade Finished SqFt1,080 SqFtUnfinished Basement SqFt768 SqFtStories2Lot Size8,002 SqFtStyleSingle Family ResidenceYear Built1955ZoningR1CountyESSEXAPNDANV M:064 L:076 P:Fireplace TypeHas Fireplace

Schools near 3 Rainbow Terrace

This home is within Danvers School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

Holten Richmond Middle School
Public6 to 8

Danvers High School
Public9 to 12

Thorpe Elementary School
PublicPK to 5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Century 21 North East, Ronda Cogliano; Century 21 North East, Cookie Melanson

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.