NOT LISTED FOR SALE

172 S Margay St Dunkirk, NY 14048

Estimated Value: $103,000 - $135,000

3 Beds
1.5 Baths
1,032 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $12,500 $12 Per Sq Ft

Est. 845% increase in value since last sale

Current estimated payment $751/month

57 Days on Market

Highlights

  • Formal Dining Room
  • Enclosed Patio or Porch
  • Tankless Water Heater
  • 1.5 Car Detached Garage
  • Living Room
  • Shed

About This Home

As of July 2023

BID DEADLINE CLOSED, NO FURTHER SHOWINGS ON THIS HOUSE:2 possibly 3 bedroom home needing rehab. Cash only or possible financing directly with the Chautauqua County Land Bank. Metal roof on both garage and house, vinyl siding with front enclosed porch. Upstairs may have to be reconfigured to accommodate 3 bedrooms as 2 are pass throughs and the 3rd is open at the top of the stairs. Do not use or go near rear door as the floor has rotted out. Mostly interior work required/needed on this home. Chautauqua County Land Bank owned properties are offered below fair market value to promote neighborhood revitalization. Purchaser must complete significant improvements to the homes as a condition of the sale. Purchaser must submit a bid including the total of the cash purchase price PLUS renovation cost commitment, which they will be contractually obligated to fulfill. All offers are reviewed and approved by Land Bank Board of Directors, and must be cash with no contingencies. Sold in "as is" condition with no expressed or implied warranties. A cash bond will be required of the selected buyer. Buyer should inspect all aspects of the home prior to placing an offer. BIDS DUE JANUARY 27, 2023.

Last Agent to Sell the Property

Tammy Hess-Schmitt

Listing by Howard Hanna Holt - Fredonia License #40HE1022222 Listed on: 12/13/2022

Howard Hanna Holt - Fredonia

Last Buyer's Agent

Tammy Hess-Schmitt

Listing by Howard Hanna Holt - Fredonia License #40HE1022222 Listed on: 12/13/2022

Howard Hanna Holt - Fredonia

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 100 x 80

Parking

  • 1.5 Car Detached Garage

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,032 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Scuttle Attic Hole
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Dunkirk Middle School
  • Dunkirk Senior High School

Utilities

  • Heating System Uses Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 060300-079-012-0004-071-000

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Dunkirk-City-060300
  • Total Assessed Value: 39500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 80
  • Lot Information: Neighborhood Street
  • Lot Number: 71
  • Nearest Cross Street: Middle
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 68045.73
  • Ratio Close Price By Sq Ft: 12.11
  • Ratio List Price By Acres: 135547.09
  • Ratio List Price By Sq Ft: 24.13
  • Regional Board Code: Rochester
  • Roof Description: Metal
  • School Tax: 932
  • Styles of Residence: 2 Story, Rehab Needed
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8000
  • Ad Copy: Chautauqua County LandBank property. Go to chqlandbank.org for more information
  • Ad Headline: Dunkirk
  • Age of Building: 111
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 1032
  • Directions To Property: Route 5 to S Margay, between Route 5 and Middle Rd
  • Sq Ft Total Pub: 1032
  • Attribution Contact: 716-679-8355
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1912

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Enclosed
  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1032

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Patio
  • Number of Acres: 0.1837

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 1.5000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Tankless

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 060300-079-012-0004-071-000

Tax Info

  • Total Taxes: 2052

MLS Schools

  • High School Name: Dunkirk Senior High
  • Middle School Name: Dunkirk Middle
  • School District Name: Dunkirk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jul 28, 2023
Sold by
Chautauqua Cnty Land Bank
Bought by
Reading Audrey
Seller's Agent
Tammy Hess-Schmitt
Howard Hanna Holt - Fredonia
Buyer's Agent
Tammy Hess-Schmitt
Howard Hanna Holt - Fredonia
List Price
$24,900
Sold Price
$12,500
Premium/Discount to List
-$12,400
-49.8%
Views
1
Current Estimated Value
$118,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,645
Avg. Annual Appreciation
171.37%
Original Mortgage
$79,500
Outstanding Balance
$77,648
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,497

Purchase Details

Closed on
Oct 3, 2022
Sold by
Chautauqua County Of
Bought by
Chautauqua Cnty Lnd Bk Co

Purchase Details

Closed on
Mar 26, 1998

Purchase Details

Closed on
Apr 25, 1996
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reading Audrey $12,500 None Available
Chautauqua Cnty Lnd Bk Co -- None Available
Chautauqua County Of $25,618 None Available
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reading Audrey $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $12,500 -49.8% $12 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
12/13/2022 12/13/22 For Sale $24,900 -- $24 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,590 $39,500 $3,800 $35,700
2023 $1,425 $39,500 $3,800 $35,700
2022 $1,371 $39,500 $3,800 $35,700
2021 $1,374 $39,500 $3,800 $35,700
2020 $1,363 $39,500 $3,800 $35,700
2019 $1,380 $39,500 $3,800 $35,700
2018 $1,380 $39,500 $3,800 $35,700
2017 $454 $39,500 $3,800 $35,700
2016 $446 $39,500 $3,800 $35,700
2015 -- $39,500 $3,800 $35,700
2014 -- $39,500 $3,800 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1447102

Chautauqua-Cattaraugus Board of REALTORS®

APN: 060300-079-012-0004-071-000