Location

Nearby schools

School ratings (A+ to F) from HJN community data.

Tower School
PK-8 · Regular
236 students · 7.7:1 student–teacher
0.2 mi
Lucretia and Joseph Brown School
PK-3 · Regular · Marblehead School District
445 students · 12.9:1 student–teacher
Lucretia and Joseph Brown School school rating: A- 0.3 mi
Glover
PK-3 · Regular · Marblehead School District
318 students · 13.3:1 student–teacher
Glover school rating: A+ 0.3 mi
Children's Workshop Montessori
PK-KG · Montessori
8 students · 3.3:1 student–teacher
0.4 mi
Childrens Workshop Montessori
PK-KG · Montessori
9 students · 3.9:1 student–teacher
0.4 mi
Marblehead High School
9-12 · Regular · Marblehead School District
861 students · 10.8:1 student–teacher
Marblehead High School school rating: A- 0.4 mi
Devereux School
PK-5 · Regular
72 students · 9.0:1 student–teacher
0.5 mi
Epstein Hillel School
KG-8 · Alternative/Other
103 students · 3.0:1 student–teacher
0.7 mi

Nearby places

Within 2 miles of this home: 34+ restaurants and cafés, 8 grocery stores, 37+ parks and green spaces, and 38+ transit stops.

Place data from OpenStreetMap.

Food & drink

Dunkin
Lafayette Street
0.9 mi
Marblehead Village Market
Pleasant Street
1.0 mi
White Dove Market & Grill
Loring Avenue
1.0 mi
Starbucks
Loring Avenue
1.0 mi
Three Cod Tavern
1.0 mi
PZA Grille
Lafayette Street
1.1 mi
Neck Run Cafe
American restaurant · Ocean Avenue
1.1 mi
Taqueria Express
1.2 mi

Groceries

Big Apple Food Shops
Loring Avenue
1.1 mi
Shubie’s
Atlantic Avenue
1.2 mi
Crosby's Marketplace
Canal Street
1.4 mi
Salem Supermarket
Congress Street
1.6 mi
Stop & Shop
Paradise Road
1.6 mi
Vinnin Liquors
Paradise Road
1.7 mi
Whole Foods Market
Paradise Road
1.8 mi
Steve's Quality Market

Parks & recreation

Gatchell Playgound
0.1 mi
Wyman Woods
0.2 mi
Lead Mills Conservation Area
0.5 mi
Hawthorn Pond Conservation Area
0.5 mi
Forest River Conservation Area
0.6 mi
Jeggle Island
0.7 mi
Pickman Park Community Garden
0.7 mi
Hobbs Playground
0.7 mi

Transit

Humphrey St @ Laurel St
0.2 mi
Humphrey St @ Countryside Ln
0.2 mi
Humphrey St @ Birch St
0.2 mi
Humphrey St @ Sheldon Rd
0.2 mi
Humphrey St opp Sevinor Rd
0.3 mi
Humphrey St @ Sevinor Rd
0.3 mi
Humphrey St @ Lafayette St
0.3 mi
Humphrey St opp Glendale Rd
0.4 mi

The 01945 market

Homes for sale: 39
Median list price: $1,150,000

Similar homes nearby

See all in 01945

Sources for the nearby listings shown on this page

MLS Property Information Network (MLS PIN): The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing information ©2026 MLS Property Information Network, Inc®. All Rights Reserved. Last Updated: 2026-10-08 17:40:00 UTC

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

No listing photos

5 Rainbow Road, Marblehead MA 01945

3

Beds

2.5

Baths

2,082

Sqft

1938

Year built

Estimated value: $1,113,958

Range $985,709 – $1,242,207 · as of July 14, 2026

How this estimate has moved

ATTOM automated valuation model · 53 published estimates over 6.5 years · shaded band is the model's own published low-to-high range

$692,513 January 2020$1,113,958 July 2026

Highest reading $1,191,601 in October 2023; lowest $691,618 in March 2020. The vertical scale starts at the series' own low, not at zero — it is drawn to show movement, not absolute size.

Public records

3 beds
2.5 baths
2,082 sqft
10,045 sqft lot
Built 1938
Stories: 2
Use: RESIDENTIAL
APN MARB M:0059 B:0016 L:0

Estimate your monthly payment

Home price

Down payment (20%)

$222,792

Loan term

Interest rate (%)

Property tax (%/yr)

Home insurance ($/yr)

HOA ($/mo)

Estimated monthly payment

$7,308/mo

Principal & interest$6,170

Property tax$1,021

Home insurance$117

Loan amount $891,166. Estimate only — your actual rate and payment depend on credit, location, and lender.

Tax history

2025 roll

Land: $530,600
Structure: $414,000
Assessed total: $944,600
County market value: $837,045
Property tax billed: $8,549

Sale & deed history

April 17, 2020Arm's-lengthCash$617,000
March 2, 2005Not an arm's-length transfer—
August 27, 2004Not an arm's-length transfer—
November 26, 2002Not an arm's-length transfer—
August 31, 2001Arm's-length$530,500