7 Riverbank Ave, Danvers MA 01923

Danvers, MA 01923
$1,095,000
Est. $6,486/month
3
Beds
4
Baths
3,723
Sq Ft
$294
Price/Sq Ft
0.00
Acres
1926
Year Built
112
Days on Market
Active Price Drop -$24,000 Listed Sep 24, 2025 • MLS# 73434982 Copied!

About this home

Exquisitely renovated in 2015, this three-level waterfront home offers the perfect balance of luxury, convenience, and peace of mind; no flood insurance required. 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. Welcome home!

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1926
Bedrooms
3
Full Bathrooms
4
Living Area
3,723 sq ft
Total Rooms
7

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1926
Living Area 3,723 sq ft
Lot Size 0.0000
Bedrooms 3
Full Baths 4
Total Rooms 7

Interior

Heating Oil
Cooling Central Air, Ductless
Flooring Wood, Tile, Vinyl
Appliances Water Heater, Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full, Finished, Walk-out Access, Garage Access
Laundry Electric Dryer Hookup
Features Laundry Chute, Internet Available - Broadband

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Paved Drive, Assigned, Paved
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: Water Heater, Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Interior Features: Laundry Chute, Internet Available - Broadband
Windows: Insulated Windows
Basement: Full, Finished, Walk-Out Access, Garage Access
Laundry: Electric Dryer Hookup
Security: Security System

Construction & Materials

Style: Colonial
Year Built: 1926
Structure Type:
Exterior Materials: Frame, Stone
Roof: Shingle
Foundation: Slab

Heating, Cooling & Utilities

Heating: 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, Rain Gutters, Professional Landscaping, Decorative Lighting, Fenced Yard, Garden
Patio & Porch: Deck
Fencing: Fenced
Other Structures:
Lot Features: Cleared
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Under, Garage Door Opener, Paved Drive, Assigned, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Waterfront: Yes
Waterfront Type: Waterfront, Bay, Frontage, Direct Access
View: Yes
View Type: Scenic View(s)
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, Danvers MA 01923

Danvers, MA 01923

Walkability

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Nearby Schools

School District
Danvers School District local
A-
School Safety 2024-25
2.3% Average
1.9% Suspensions 2.3% In-School 0.4% Emergency
3.2% below state avg
E

Elementary Schools

7 schools
St. Mary of the Annunciation School
1.2 mi
Grades PK-08
Great Rock Christian Academy
2.7 mi
Grades PK-12
B+
Riverside School
0.3 mi | #304 of 824 | Score: 50.8
Improved 132 spots from last year
-7.4 below state avg
350 students Moderate
Rising School
Grades PK-05
B-
Willis E Thorpe School
0.8 mi | #435 of 824 | Score: 46.6
Dropped 167 spots from last year
-11.6 below state avg
294 students Less Diverse
Grades K-05
C+
Great Oak School
1.2 mi | #554 of 824 | Score: 42.8
Dropped 203 spots from last year
-15.4 below state avg
291 students Moderate
Grades K-05
B-
Highlands School
1.6 mi | #486 of 824 | Score: 45.2
Improved 156 spots from last year
-13 below state avg
385 students Moderate
Rising School
Grades K-05
B+
Ivan G Smith School
2.2 mi | #333 of 824 | Score: 49.7
Improved 40 spots from last year
-8.5 below state avg
389 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

1 school
B-
Holten Richmond Middle School
0.4 mi | #183 of 352 | Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students Moderate
Grades 06-08
H

High Schools

5 schools
Northeast ARC
0.9 mi
Grades 06-12
St. John's Prep School
1.8 mi
Grades 06-12
B
Danvers High School
1.4 mi | #158 of 346 | Score: 54.4
Dropped 16 spots from last year
-3.9 below state avg
784 students Moderate
17 sports • 1,436 athletes
Early College Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Northeast Behavioral Health
3.0 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
3.3 mi | #76 of 346 | Score: 63.1
Improved 23 spots from last year
+4.9 above state avg
1,830 students Moderate
Strong AP Program Early College Program High Graduation Rate Rising School
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
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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
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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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

Property Timeline

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

Price & Status History

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

Market Statistics

Days on Market
112 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
Assessed Value
$817,900

Listing Information

Listing Agent Vincent Rizzo
Listing Office Douglas Elliman Real Estate - The Sarkis Team
Agent MLS ID CN223059
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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