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7 Riverbank Ave # 7, Danvers MA 01923

Danvers, MA 01923
$1,095,000
Est. $6,836/month
3
Beds
4
Baths
3,723
Sq Ft
$294
Price/Sq Ft
1926
Year Built
111
Days on Market
Pending Price Drop -$24,000 Listed Sep 24, 2025 • MLS# 73434861 Copied!

About this home

Exquisitely renovated in 2015, this three-level waterfront townhome offers the perfect balance of luxury, convenience, and peace of mind—no flood insurance required and a low condo fee. Walls of windows capture sweeping water views on every floor. The main level boasts a stunning open layout with a designer chef’s kitchen featuring dual islands, a fireplace seamlessly flowing into the dining and living areas, a spacious bedroom, full bath, and direct access to an expansive deck overlooking the water. The top level is devoted to an over 700 sq ft primary suite with spa-inspired bath, double vanities, soaking tub, and separate shower, complemented by a junior ensuite, laundry, and generous storage. The lower level offers a large family room, fourth full bath, and flexible space ideal for a home theater, gym, or guest retreat. Additional highlights include LED lighting, plenty of storage throughout and an oversized garage. Outdoors, private yard with koi pond, jacuzzi, perennial gardens.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1926
Bedrooms
3
Full Bathrooms
4
Living Area
3,723 sq ft
Total Rooms
7
Stories
3
Entry Level
3

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1926
Living Area 3,723 sq ft
Bedrooms 3
Full Baths 4
Total Rooms 7

Interior

Heating Baseboard, Oil
Cooling Central Air, Ductless
Flooring Wood, Tile, Vinyl
Appliances Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry In Unit, Electric Dryer Hookup
Features Laundry Chute, Internet Available - Broadband

Exterior

Construction Frame, Stone
Architecture None
Roof Shingle
Features Deck - Composite, Decorative Lighting, Fenced Yard, Garden, Rain Gutters, Professional Landscaping
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck - Composite

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Off Street, Paved, Exclusive Parking
Total Spaces 4

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $8,989
Assessed Value $817,900

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances: Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Interior Features: Laundry Chute, Internet Available - Broadband
Windows: Insulated Windows
Basement: Y
Laundry: In Unit, Electric Dryer Hookup
Security: Security System

Construction & Materials

Year Built: 1926
Effective Year (Renovated): 2015
Structure Type: Townhouse
Exterior Materials: Frame, Stone
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 3
Cooling: Central Air, Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Composite, Decorative Lighting, Fenced Yard, Garden, Rain Gutters, Professional Landscaping
Patio & Porch: Deck - Composite
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Under, Off Street, Paved, Exclusive Parking

Special Features

Fireplaces: 1
Fireplace Type:
Waterfront: Yes
Waterfront Type: Waterfront, Bay, Frontage, Direct Access
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area

Location

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Neighborhood

7 Riverbank Ave # 7, Danvers MA 01923

Danvers, MA 01923

Walkability

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Nearby Schools

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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $749
Homeowners Insurance $200
HOA Fee $350/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Sep 24, 2025
$1,095,000
Original listing
Agent: The Sarkis Team Office: Douglas Elliman Real Estate - The Sarkis Team
🏠
Listed for Sale
Sep 24, 2025
$1,095,000
Original listing
Agent: The Sarkis Team Office: Douglas Elliman Real Estate - The Sarkis Team

Price & Status History

Date Event Price Change
Sep 24, 2025 New Listing Added $1,095,000
Sep 24, 2025 New Listing Added $1,095,000

Market Statistics

Days on Market
111 days
Price per Sq Ft
$294
Total Price Drop
-$24,000

Tax History

Year Taxes Assessment
2025 $8,989 $817,900

Financial Details

Annual Property Tax
$8,989
Tax Year 2025
HOA Fee
$350
Monthly
Assessed Value
$817,900

Listing Information

Listing Agent The Sarkis Team
Listing Office Douglas Elliman Real Estate - The Sarkis Team
Agent MLS ID TM328399
Office MLS ID AN8041
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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