4 Rainbow Ter, Danvers MA 01923

Danvers, MA 01923
$610,000
Est. $3,247/month
2
Beds
2
Baths
1,558
Sq Ft
$392
Price/Sq Ft
0.23
Acres
1975
Year Built
Single Family Residence
Type
8
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73283890

About this home

Charming 2-bedroom raised ranch in Danvers with scenic river views. This home features an additional kitchen on the lower level with a walk-out to a covered patio, perfect for entertaining or enjoying the outdoors. It comes equipped with central air conditioning, central vacuum, and a heated/cooled garage with work space for year-round comfort. Exterior features include deck off the kitchen, fenced in back yard and storage shed. A new hot water tank has recently been installed, adding extra value to this potential-filled property with room for expansion. Great opportunity to create your dream home in a desirable location! Property being sold "as is" Showings begin Thursday 9/5 6-7pm

Sale Statistics

Sale Overview
Original List Price: $559,000
Final Sale Price: $610,000
Difference: +$51,000 (+9.1%)
Performance Metrics
109.1%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $359
Sale $/sq ft: $392
This property sold for $392 per square foot
Sale Summary

This property sold for 9.1% above the original asking price, indicating strong buyer demand.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1975
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
2
Living Area
1,558 sq ft
Total Rooms
4

Interior Features

Flooring
Carpet, Laminate
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Family Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Cooktop
Interior Features
Kitchen, Central Vacuum
Laundry Features
Washer Hookup

Exterior & Structure

Architectural Style
Raised Ranch
Roof
Shingle
Foundation
Slab
Exterior Features
Deck - Wood, Patio, Covered Patio/Deck, Storage, Fenced Yard
Patio/Porch Features
Deck - Wood, Patio, Covered
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.23 acres
Lot Size
10,023 sq ft
Lot Size Area
0.2300
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
10
Parking Features
Attached, Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,120
Tax Year
2024
Tax Assessed Value
$550,900
Parcel Number
M:064 L:155 P:,1882051
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Property sold "as is" Any inspections will be for informational purposes only. Seller has never lived in property and makes no warranties or representations. All appliances remain as gifts.
Listing Terms
Contract

Location

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Neighborhood

4 Rainbow Ter, Danvers MA 01923

Danvers, MA 01923

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $510
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.4%
Price Range
9
Total Days on Market

Property Timeline

Sold
Oct 17, 2024
$610,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Sep 3, 2024
$559,000
Original listing
Agent: Kristina Vamvouklis Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Sep 3, 2024 New Listing Added $559,000

Market Statistics

Days on Market
8 days
Price per Sq Ft
$392

Tax History

Year Taxes Assessment
2024 $6,120 $550,900

Financial Details

Annual Property Tax
$6,120
Tax Year 2024
Assessed Value
$550,900

Listing Information

Listing Agent Kristina Vamvouklis
Listing Office J. Barrett & Company
Agent MLS ID CN217540
Office MLS ID AC2087

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