NOT LISTED FOR SALE

518 Park Ave Dunkirk, NY 14048

Estimated Value: $103,000 - $124,000

5 Beds
2.5 Baths
2,600 Sq Ft
$43/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2023

Last sale price $82,000 $32 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $762 / mo

24 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Garage
  • 3-minute walk to Washington Park
  • Forced Air Heating System

About This Home

As of December 2023

Great potential in this two unit investment property. Apartment on the right is actually a duplex with 1 Bedroom downstairs and 2 Bedrooms upstairs with 1/2 bath. Washer/dryer hookups in pantry room off kitchen. Spacious with dining room. large living room and area for desk. Stove, refrigerator and dishwasher included. Upstairs apartment has 2 bedrooms but needs to be renovated before occupied. Seller has supplies that will be left for the kitchen renovation. Metal roof approx. 2 years old and some newer windows. Detached 2 car garage with ample off street parking. Live in the 3 bedroom duplex while renovating the upstairs for future rental income!

Last Agent to Sell the Property

Janice Penharlow

Listing by Midtown Realty Brokerage Phone: 716-410-4100 License #10401273095 Listed on: 10/09/2023

Last Buyer's Agent

Tammy Hess-Schmitt

Listing by Howard Hanna Holt - Fredonia License #40HE1022222

Howard Hanna Holt - Fredonia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 1907

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100

Parking

  • 2 Car Garage
  • Unpaved Driveway

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 51
  • Assessor Parcel Number 060300-079-019-0001-051-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,943

Year Built

Built in 1907

Lot Details

6,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1907
  • Attribution Contact: 716-410-4100
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Central Ave turn Right on Fifth St, the right onto Park
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1377
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two or More Spaces, Unpaved

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Dunkirk

Lot Info

  • Parcel Number: 060300-079-019-0001-051-000
  • Lot Dimensions: 60X100
  • Lot Size Sq Ft: 6000.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2943.0
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Dec 19, 2023
Sold by
Clark Charles W and Clark Patti A
Bought by
Locicero Nicolas and Bodtmann Mark
Seller's Agent
Janice Penharlow
Midtown Realty
Buyer's Agent
Tammy Hess-Schmitt
Howard Hanna Holt - Fredonia
List Price
$89,900
Sold Price
$82,000
Premium/Discount to List
-$7,900
-8.79%
Views
112
Current Estimated Value
$110,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,919
Avg. Annual Appreciation
13.91%
Source: Public Records
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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
Locicero Nicolas $82,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $82,000 -8.8% $32 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $89,900 -- $35 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $2,093 $52,000 $3,000 $49,000
2024 $2,093 $52,000 $3,000 $49,000
2023 $2,046 $52,000 $3,000 $49,000
2022 $1,805 $52,000 $3,000 $49,000
2021 $1,808 $52,000 $3,000 $49,000
2020 $1,794 $52,000 $3,000 $49,000
2019 $1,817 $52,000 $3,000 $49,000
2018 $1,817 $52,000 $3,000 $49,000
2017 $1,781 $52,000 $3,000 $49,000
2016 $1,733 $52,000 $3,000 $49,000
2015 -- $52,000 $3,000 $49,000
2014 -- $52,000 $3,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1502933

Chautauqua-Cattaraugus Board of REALTORS®

APN: 060300-079-019-0001-051-000

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