See Home Value
$647,000
● House - Off Market

18 Rainbow Circle

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$634,383
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Introducing 18 Rainbow Circle! A wonderful Cape featuring meticulously maintained charm and two very functional additions that have been added to the 1st floor: a primary bedroom and a delightful sunroom! This home boasts stunning hardwood floors, rustic exposed wood beams, & an abundance of natural light that fills every room. Situated on a spacious corner lot, the property offers a private and fenced-in yard, perfect for outdoor activities & serene relaxation, especially in the outdoor hot tub and enclosure. The moment you enter, you'll be captivated by how comfortable and welcoming this home feels! The open floor plan seamlessly connects the kitchen and living areas, creating an inviting space for entertaining guests. An island can easily be added to the kitchen. Enjoy the cozy fireplace while you dine. The sunroom is a true gem of this property, bathed in natural light & providing a tranquil retreat. The finished basement adds versatile living space! Very flexible floor plan!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$376
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1951

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Last updated: 4 months ago (MLSPIN #73128082)

Price History

Date / Event Date Event Price
Jul 29, 2025 Sold
Sold
Jun 25, 2025 In contract -
In contract
Jun 19, 2025 Listed $729,900
Listed
Classic Cape on a Corner Lot in One of South Peabody's Most Sought-After Neighborhoods! This inviting home welcomes you into a flexible space that functions as either a dining or living room, complete with hardwood floors, a pellet stove, and a sunny bow window. The spacious kitchen opens seamlessly into a stunning sunroom, where multiple skylights and hardwood floors create a warm, light-filled retreat that brings the outdoors in. The first floor also offers a family room with hardwood floors and a bay window, a primary bedroom, a home office, and a full bath—perfect for comfortable everyday living. Upstairs, you’ll find two generous bedrooms, each with hardwood floors and skylights, plus a convenient ¾ bath. Need more room to spread out? The finished lower level bonus room makes a great playroom, home gym, or media space. Outside, enjoy a newly built two-car carport, a fully fenced level yard, and a storage shed. Located on a corner lot that leads to a dead-end street.
Aug 21, 2023 Sold
Sold
Jul 5, 2023 In contract -
In contract
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,107
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Peabody School District
  • School Tax School District: PEABODY SD
  • Census Tract: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14248
  • Parcel: PEAB M:0109 B:0268
  • Block: 268
  • Municipality: PEABODY
  • Latitude: 42.5114
  • Longitude: -70.9459

    Address

  • Full Address: 18 Rainbow Cir
  • Address - House Number: 18
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Peabody
  • Carrier Code: C049
  • 4-Digit Zip Code: 5720
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $526,500

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 649,403
  • High Value: 765,307
  • Low Value: 533,499

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,300
  • Assessed Land Value: $228,400
  • Assessed Improvements Value: $348,900

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230821000060
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Peabody


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Frequently Asked Questions

When was property at 18 Rainbow Circle built and last sold?
The property at 18 Rainbow Circle was built in 1951 and last sold on Aug 18, 2023 for $647,000.
How much is this home worth?
The estimated value of the home located at 18 Rainbow Circle is $747,231.
What are some comparable homes to 18 Rainbow Circle?
There are currently no comparable homes to 18 Rainbow Circle.