NOT LISTED FOR SALE

518 Park Ave Dunkirk, NY 14048

Estimated Value: $81,000 - $146,638

5 Beds
2.5 Baths
2,600 Sq Ft
$45/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2023

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

Est. 42% increase in value since last sale

Current estimated payment $792 / 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Dec 19, 2023
Sold by
Bought by
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
$116,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,410
Avg. Annual Appreciation
15.44%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$82,000 Stewart Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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