OFF MARKET

Off market apr 2017 for $429K

$781,832

•

1,260

sq ft

7 Rainbow Rd, Peabody, MA 01960

About this home

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!

Single-familyProperty Type

1948Year Built

8,329 sq ftLot Size

$621Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Steven Belesis • Souhleris Realty

Bought with Kimberly Dowling • Carrington Real Estate Services, LLC

Redfin checked: 2 minutes ago

•Source:MLS PIN #72126435

Redfin Estimate

$781,832

$353K since sold in April 2017$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.9% higher than the average sale price ($669K) of 6 comparable homes.

SOLD AUG 31, 2026
$694,100
A
3 beds2 baths1,920 sq ft
3 Winnegance Ave, Peabody, MA 01960
SOLD JUN 30, 2026
$701,000
B
3 beds2 baths1,408 sq ft
19 Bartholomew Ter, Peabody, MA 01960
SOLD MAY 15, 2026
$655,000
C
3 beds2 baths1,536 sq ft
11 Arnold Rd, Peabody, MA 01960
SOLD SEP 28, 2026
$652,000
D
4 beds2 baths1,344 sq ft
24 Greenwood Rd, Peabody, MA 01960
SOLD DEC 18, 2025
$635,000
E
3 beds2 baths1,248 sq ft
41 Dexter St, 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

$468,084

Est. take-home

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Rent

$3,212/mo

Redfin rental estimate

List your home for rent

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 19 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
OPEN SUN, 11:30AM TO 1PM
$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 7 Rainbow Rd

Year

Property tax

Land + Additions

Assessment*

2022

$5,033 (+13.4%)

$217,100 + $393,400

$610,500

2021

$4,438 (−2.3%)

$176,200 + $246,900

$423,100

2020

$4,543 (+2.9%)

$176,200 + $246,800

$423,000

2019

$4,416 (+3.3%)

$176,200 + $224,900

$401,100

2018

$4,273 (+21.4%)

$160,200 + $212,700

$372,900

2017

$3,521 (+11.1%)

$160,200 + $139,200

$299,400

2016

$3,168 (+9.5%)

$160,200 + $105,600

$265,800

2015

$2,894 (−2.1%)

$156,200 + $79,100

$235,300

2014

$2,955 (+1.1%)

$151,400 + $86,900

$238,300

2013

$2,924 (−0.3%)

$151,400 + $92,700

$244,100

2012

$2,934 (+2.1%)

$151,400 + $96,800

$248,200

2011

$2,874 (+5.9%)

$151,400 + $96,800

$248,200

2010

$2,713 (+5.3%)

$131,700 + $126,700

$258,400

2009

$2,576

$152,200 + $124,800

$277,000

Tax history for 7 Rainbow Rd

Year

Property tax

Land + Additions

Assessment*

2022

$5,033 (+13.4%)

$217,100 + $393,400

$610,500

2021

$4,438 (−2.3%)

$176,200 + $246,900

$423,100

2020

$4,543 (+2.9%)

$176,200 + $246,800

$423,000

2019

$4,416 (+3.3%)

$176,200 + $224,900

$401,100

2018

$4,273 (+21.4%)

$160,200 + $212,700

$372,900

2017

$3,521 (+11.1%)

$160,200 + $139,200

$299,400

2016

$3,168 (+9.5%)

$160,200 + $105,600

$265,800

2015

$2,894 (−2.1%)

$156,200 + $79,100

$235,300

2014

$2,955 (+1.1%)

$151,400 + $86,900

$238,300

2013

$2,924 (−0.3%)

$151,400 + $92,700

$244,100

2012

$2,934 (+2.1%)

$151,400 + $96,800

$248,200

2011

$2,874 (+5.9%)

$151,400 + $96,800

$248,200

2010

$2,713 (+5.3%)

$131,700 + $126,700

$258,400

2009

$2,576

$152,200 + $124,800

$277,000

*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

3.5

Stories

Lot width

—

Lot depth

—

Lot size

8,276 Sq. Ft.

Year renovated

2016

Sq. Ft.

1,760

Year built

1948

Style

Single Family Residential

County

Essex County

APN

2109998

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 3
Parking Features: Detached

Interior

Master Bedroom Information
Level: Second

Bedroom #2 Information
Level: Second

Bedroom #3 Information
Level: First

Bathroom Information
# of Bathrooms (Full): 2

Living Room Information
Level: First

Dining Room Information
Level: First

Kitchen Information
Level: First

Basement Information
Basement: Full, Partially Finished, Bulkhead

Laundry Information
Laundry Features: In Basement

Interior Features
# of Rooms (Total): 6
Interior Features: Bonus Room

Exterior

Building Information
Building Area (Total): 1,260
Foundation Details: Block
Year Built Source: Public Records
Year Built Details: Actual,Renovated Since

Property Information
PropertySubType: Single Family Residence

Lot Information
Lot Size (Acres): 0.19
Lot Features: Corner Lot

Financial

Tax Information
Tax Annual Amount: $3,521
Tax Year: 2017

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers

Heating & Cooling
Has Heating
Has Cooling
Heating: Central, Propane
Cooling: Central Air

Location

Location Information
Directions: GPS
UnparsedAddress: 7 Rainbow Rd, Peabody MA 01960

Community Information
Senior CommunityYN: No

Public facts

Beds: 3
Baths: 3.5
Sq. Ft.: 1,760
Stories: 2.0
Lot Size: 8,276 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: 2016
County: Essex County
APN: 2109998

Home facts updated by county records on Jul 19, 2023

Other

Listing Information
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 • 2.7mi

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

6/10 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

$743,000 – $900,000

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COMING SOON

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13 Dane St, Peabody, MA 01960

OPEN SAT, 10AM TO 12PM

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8 Elmwood Cir, Peabody, MA 01960

OPEN FRI, 4:30PM TO 6PM

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604 Lowell St, Peabody, MA 01960

OPEN SAT, 11AM TO 1PM

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18 Bartholomew Ter, Peabody, MA 01960

OPEN FRI, 5:30PM TO 6:30PM3D WALKTHROUGH

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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

OPEN SUN, 11:30AM TO 1PM

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Home values near 7 Rainbow Rd

Data from public records.

Address	Redfin Estimate
2 Rainbow Road #A, Peabody, MA 4 Beds \| 2.5 Baths \| 2400 Sq. Ft.	$781,346
4 Rainbow Road, Peabody, MA 3 Beds \| 2 Baths \| 1304 Sq. Ft.	$642,526

Address	Redfin Estimate
2 Rainbow Road #B, Peabody, MA 3 Beds \| 2 Baths \| 1547 Sq. Ft.	$691,374
6 Rainbow Road, Peabody, MA 4 Beds \| 2 Baths \| 1500 Sq. Ft.	$707,931

Address	Redfin Estimate
2 Rainbow Road, Peabody, MA 3 Beds \| 1.5 Baths \| 1248 Sq. Ft.	$622,065
8 Rainbow Road, Peabody, MA 3 Beds \| 2 Baths \| 1080 Sq. Ft.	$562,846

Property information provided by MLS PIN when last listed in 2017. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 01960, MA

Sale history for 7 Rainbow Rd

Tax history for 7 Rainbow Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 01960

Home values near 7 Rainbow Rd

More real estate resources