OFF MARKET

Off market sep 2016 for $343K

$670,786

•

1,344

sq ft

16 Rainbow Rd, Peabody, MA 01960

About this home

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!

Single-familyProperty Type

1949Year Built

6,133 sq ftLot Size

$499Est. Price/Sq.Ft.

2 spacesParking

Listed by Judith Johnson • RE/MAX Leading Edge

Bought with Nancy Yorgy • Keller Williams Realty Evolution

Redfin checked: 3 minutes ago

•Source:MLS PIN #72047731

Redfin Estimate

$670,786

$328K since sold in September 2016$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.1% lower than the average sale price ($671K) of 6 comparable homes.

SOLD SEP 28, 2026
$652,000
A
4 beds2 baths1,344 sq ft
24 Greenwood Rd, Peabody, MA 01960
SOLD APR 2, 2026
$645,000
B
3 beds1.5 baths1,322 sq ft
6 Allen Rd, Peabody, MA 01960
SOLD JUN 30, 2026
$701,000
C
3 beds2 baths1,408 sq ft
19 Bartholomew Ter, Peabody, MA 01960
SOLD JUL 23, 2026
$680,000
D
4 beds1 bath1,152 sq ft
2 Johnson Ave, Peabody, MA 01960
BOUGHT WITH REDFIN SEP 25, 2026
$675,000
E
4 beds1 bath1,524 sq ft
3 Washington Pl, Peabody, MA 01960
SOLD MAY 29, 2026
$675,000
F
3 beds1.5 baths1,344 sq ft
44 Dexter St, Peabody, MA 01960

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Earn from this home

Sell

$421,542

Est. take-home

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Rent

$2,891/mo

Redfin rental estimate

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Market trends in 01960, MA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

102.5%

+0.0% MoM

Median sale price

$694K

$3K MoM

Avg. days on market

20d

0 days MoM

Recently sold homes

132

10 MoM

New listings for sale

COMING SOON
$548,888
3 beds1 bath1,256 sq ft
22 Hingston St, Peabody, MA 01960
NEW 12 HRS AGO
$650,000
4 beds2 baths1,548 sq ft
13 Dane St, Peabody, MA 01960
OPEN SAT, 10AM TO 12PM
$775,000
3 beds2.5 baths1,993 sq ft
8 Elmwood Cir, Peabody, MA 01960
OPEN FRI, 4:30PM TO 6PM
$525,000
4 beds2 baths1,740 sq ft
57 Glendale Ave, Peabody, MA 01960
$599,000
4 beds1.5 baths2,170 sq ft
604 Lowell St, Peabody, MA 01960
OPEN SAT, 11AM TO 1PM
$579,900
2 beds1.5 baths1,152 sq ft
18 Bartholomew Ter, Peabody, MA 01960
OPEN FRI, 5:30PM TO 6:30PM
$589,900
4 beds1.5 baths1,467 sq ft
6 Norfolk Ave, Peabody, MA 01960
$109,900
3 beds1 bath1,000 sq ft
286 Newbury #133, Peabody, MA 01960
$680,000
4 beds1.5 baths1,666 sq ft
19 Sabino Farm Rd, Peabody, MA 01960
OPEN SAT, 11:30AM TO 1PM
$589,900
2 beds1 bath1,333 sq ft
5 Anderson St, Peabody, MA 01960
See all

Provided by Redfin

Sale history for 16 Rainbow Rd

Year

Property tax

Land + Additions

Assessment*

2022

$4,131 (+6.2%)

$204,100 + $276,600

$480,700

2021

$3,889 (−0.7%)

$165,700 + $205,000

$370,700

2020

$3,917

$165,700 + $199,000

$364,700

2019

$3,916 (+5.0%)

$165,700 + $190,000

$355,700

2018

$3,729 (+3.1%)

$150,700 + $174,700

$325,400

2017

$3,616 (+7.1%)

$150,700 + $156,800

$307,500

2016

$3,377 (+15.2%)

$150,700 + $132,600

$283,300

2015

$2,932 (−10.5%)

$146,900 + $91,500

$238,400

2014

$3,277 (+1.7%)

$150,400 + $113,900

$264,300

2013

$3,221 (+2.2%)

$150,400 + $118,500

$268,900

2012

$3,152 (+1.9%)

$150,400 + $116,300

$266,700

2011

$3,093 (+3.9%)

$150,400 + $116,700

$267,100

2010

$2,977 (+7.2%)

$130,800 + $152,700

$283,500

2009

$2,777

$148,300 + $150,300

$298,600

Tax history for 16 Rainbow Rd

Year

Property tax

Land + Additions

Assessment*

2022

$4,131 (+6.2%)

$204,100 + $276,600

$480,700

2021

$3,889 (−0.7%)

$165,700 + $205,000

$370,700

2020

$3,917

$165,700 + $199,000

$364,700

2019

$3,916 (+5.0%)

$165,700 + $190,000

$355,700

2018

$3,729 (+3.1%)

$150,700 + $174,700

$325,400

2017

$3,616 (+7.1%)

$150,700 + $156,800

$307,500

2016

$3,377 (+15.2%)

$150,700 + $132,600

$283,300

2015

$2,932 (−10.5%)

$146,900 + $91,500

$238,400

2014

$3,277 (+1.7%)

$150,400 + $113,900

$264,300

2013

$3,221 (+2.2%)

$150,400 + $118,500

$268,900

2012

$3,152 (+1.9%)

$150,400 + $116,300

$266,700

2011

$3,093 (+3.9%)

$150,400 + $116,700

$267,100

2010

$2,977 (+7.2%)

$130,800 + $152,700

$283,500

2009

$2,777

$148,300 + $150,300

$298,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

6,098 Sq. Ft.

Year renovated

—

Sq. Ft.

1,344

Year built

1949

Style

Single Family Residential

County

Essex County

APN

2109984

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 2
Parking Features: Paved Drive, Paved

Interior

Master Bedroom Information
Area: 204
Length: 17
Width: 12
Level: Second
Features: Closet,Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet

Bedroom #2 Information
Area: 187
Length: 17
Width: 11
Level: Second
Features: Closet,Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet

Bedroom #3 Information
Area: 132
Length: 12
Width: 11
Level: First
Features: Closet,Flooring - Hardwood

Bedroom #4 Information
Area: 81
Length: 9
Width: 9
Level: First
Features: Closet,Flooring - Hardwood

Bathroom Information
# of Bathrooms (Full): 1
# of Bathrooms (Half): 1

Bathroom #1 Information
Level: First
Features: Bathroom - Full,Bathroom - With Tub & Shower,Flooring - Stone/Ceramic Tile

Bathroom #2 Information
Level: Second
Features: Bathroom - Half

Living Room Information
Area: 165
Length: 15
Width: 11
Level: First
Features: Flooring - Hardwood

Kitchen Information
Area: 165
Length: 15
Width: 11
Level: First
Features: Flooring - Vinyl,Exterior Access

Basement Information
Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished

Laundry Information
Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Fireplace Features: Living Room

Interior Features
# of Rooms (Total): 6
Door Features: Storm Door(s)
Window Features: Storm Window(s), Screens
Flooring: Tile, Vinyl, Carpet, Hardwood

Exterior

Building Information
Building Area (Total): 1,344
Foundation Details: Block
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Actual
Color: green

Exterior Features
Fencing: Fenced/Enclosed, Fenced
Patio And Porch Features: Patio
Exterior Features: Patio, Pool - Inground, Rain Gutters, Storage, Screens, Fenced Yard

Pool Information
Has Private Pool
Pool Features: In Ground

Property Information
PropertySubType: Single Family Residence

Lot Information
Lot Size (Acres): 0.14
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $3,377
Tax Year: 2016

Utilities

Utility Information
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers

Heating & Cooling
Has Heating
Heating: Baseboard, Oil

Location

Location Information
Directions: Lynn St to Rainbow Rd
UnparsedAddress: 16 Rainbow Rd, Peabody MA 01960

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, Sidewalks

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 1,344
Stories: 2.0
Lot Size: 6,098 square feet
Style: Single Family Residential
Year Built: 1949
Year Renovated: —
County: Essex County
APN: 2109984

Home facts updated by county records on Jul 19, 2023

Other

Miscellaneous Information
Heat Zones: 1

Listing Information
Exclusions: See Inclusion/Exclusion Form.
StandardStatus: Closed

Around this home

Schools

South Memorial Elementary School

Public PreK-5 • Assigned • 0.3mi

7/10

J Henry Higgins Middle School

Public 6-8 • Assigned • 1.0mi

5/10

Peabody Veterans Memorial High School

Public 9-12 • Assigned • 2.8mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

6/10 Wind Factor

71% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Peabody, MA • 01960

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$638,000 – $772,000

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Home values near 16 Rainbow Rd

Data from public records.

Address	Redfin Estimate
12 Rainbow Rd, Peabody, MA 4 Beds \| 1 Baths \| 1512 Sq. Ft.	$632,414
16 Rainbow Rd Apartment A, Peabody, MA 4 Beds \| 2.5 Baths \| 1666 Sq. Ft.	$756,602

Address	Redfin Estimate
10 Rainbow Rd, Peabody, MA 3 Beds \| 1 Baths \| 1296 Sq. Ft.	$659,387
18 Rainbow Rd, Peabody, MA 4 Beds \| 2 Baths \| 2464 Sq. Ft.	$732,602

Address	Redfin Estimate
14 Rainbow Rd, Peabody, MA 3 Beds \| 1 Baths \| 1152 Sq. Ft.	$573,453
20 Rainbow Rd, Peabody, MA 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$779,379

Property information provided by MLS PIN when last listed in 2016. This data may not match . Learn more.

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