5 Riverbank Rd

Off Market

5 Riverbank Rd

Salem MA 01970

1704 sq. ft.

5602 sq. ft.

Single-Family

Last sold for $1,000,000

Leonel Espinal, last sold this property on 03 December 2025 after 50 days on market.

Overview

Idyllic private backyard with panoramic views of Forest River in Salem, MA, a short walking distance to the Marblehead Rail Trail and scenic views of Salem Harbor. Enjoy nature’s beauty while you barbecue and sit at the gorgeous deck or under the brand new pergola of this renovated two-bedroom, two bathroom Cape-style home with garage and ample additional parking. The first floor offers a spacious living room with full water views, hardwood floors, a beautiful gas fireplace and a full bathroom with steam. The bright and sunny kitchen overlooks the water and marsh and features stainless steel appliances and quartz countertops, and opens up to the dining room. Upstairs, retreat to a spacious master bedroom with ample storage and custom built-ins, a second bedroom and a stylish full bathroom. Enjoy the game with your friends in the finished basement that features a second gas fireplace, laundry, additional storage and space for an office or gym.

Features

2 bedrooms

2 bathrooms

4 carspaces

3 open car spaces

1 garage space

1704 sq. ft. floor area

5602 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Salem over the last 12 months, the estimated median property value of 5 Riverbank Rd is $558.5k.

Median value

$558.5k

Estimated value range

$441.5k - $1.21m

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Riverbank Rd

2025

Sold

$1,000,000

03 Dec 2025 by Leonel Espinal, of Four Points Real Estate, LLC

2015

Sold

$442,500

28 Aug 2015 by Willis and Smith Group, of Keller Williams Realty

Happy sellers in Salem

95%

95% of sellers in Salem reported that their sale price either exceeded or met their price expectations.

Salem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Salem over the last 12 months.

Local market activity for 2 bedroom single-family properties in Salem

In the last 12 months, 15 two-bedroom single-family properties similar to 5 Riverbank Rd, have been sold.

This represents a 39% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Salem for a market analysis.

Kathy & Terry Sullivan

at REMAX Beacon | Beverly

(88 reviews)

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Sean K Connelly

at William Raveis Real Estate - Marblehead

(52 reviews)

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Rita Lu

at Keller Williams Realty Boston-Metro | Back Bay

4.9

(19 reviews)

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Carol St. Pierre

at Tache Real Estate, Inc.

(3 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Salem

Kathy & Terry Sullivan

Sellers who recommend Kathy & Terry Sullivan have praised them for being local expert, supportive, responsive, detail-oriented, clear communication, dedicated, and reliable

5 (88 reviews)
2 Reviews in Salem
2 Sales in Salem

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Sean K Connelly

Sellers who recommend Sean K Connelly have praised them for being local expert, clear communication, responsive, reliable, supportive, friendly, and trustworthy