NOT LISTED FOR SALE

522 Park Ave Dunkirk, NY 14048

Estimated Value: $83,000 - $114,000

4 Beds
2 Baths
2,052 Sq Ft
$48/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $98,500 $48 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $595/month

19 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to Washington Park

About This Home

As of October 2024

EXCELLENT Multi-family investment opportunity!! This duplex has (2) two beedroom/1 bathroom apartments consisting of a living room, formal dining room, kitchen, and a bathroom. Each apartment has seperate utilities for gas and electricity as well as washer and dryer hook ups. With vinyl siding, vinyl windows, and a newer front porch, the exterior of this home provides very low maintenance needs. Both units are currently occupied to long term tenants who pay thier own gas and electric. The current gross annual income is $18,600. Taxes are LOW at at mere $1,409 per year. Centrally located directly across from Washibgton Park and situated within walking distance of downtown Dunkirk, schools, and lake Erie.

Last Agent to Sell the Property

Michael Heald

Listing by Premier Realty & Investments Brokerage Phone: 716-413-1500 License #10401346664 Listed on: 05/09/2024

Last Buyer's Agent

Michael Heald

Listing by Premier Realty & Investments Brokerage Phone: 716-413-1500 License #10401346664 Listed on: 05/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,408

Year Built

  • Built in 1907

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Property is Fully Fenced
  • Rectangular Lot

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near public transit

Schools

  • Dunkirk Middle School
  • Dunkirk Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 50
  • Assessor Parcel Number 060300-079-019-0001-050-000

Community Details

Overview

  • 2 Units
  • Town/Dunkirk Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,408

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1907
  • Attribution Contact: 716-413-1500
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Town/Dunkirk
  • Directions: Located across from Washington park on park avenue.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.0689
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Fully Fenced

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Baseboard, 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
  • Ninth Grade High School: Dunkirk Senior High
  • Middle Or Junior School: Dunkirk Middle

Lot Info

  • Parcel Number: 060300-079-019-0001-050-000
  • Lot Dimensions: 30X100
  • Lot Size Sq Ft: 3000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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: 1408.0
  • Tax Lot: 50

MLS Schools

  • Elementary School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
522 Park Avenue Trust and Smith Scott Royal
Bought by
Lizarraga Carlos
Current Estimated Value
$97,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,875
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2022
Sold by
Lizarraga Carlos
Bought by
Smith Scott Royal and 522 Park Avenue Trust

Purchase Details

Closed on
May 5, 2021
Sold by
Brunet Carlos
Bought by
Lizarraga Carlos

Purchase Details

Closed on
Feb 13, 2003
Sold by
Paradis David
Bought by
Paradis Ronald

Purchase Details

Closed on
Feb 23, 1998

Purchase Details

Closed on
Oct 16, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lizarraga Carlos -- None Listed On Document
Smith Scott Royal -- --
Lizarraga Carlos $60,000 None Available
Paradis Ronald $6,000 --
-- $17,500 --
-- $17,500 --
-- $18,041 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lizarraga Carlos $73,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2024 10/24/24 Sold $98,500 0.0% $48 / Sq Ft
10/08/2024 10/08/24 Off Market $895 -- --
10/01/2024 10/01/24 For Rent $895 0.0% --
05/29/2024 05/29/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $114,900 +194.6% $56 / Sq Ft
03/04/2020 03/04/20 Sold $39,000 +2.6% $19 / Sq Ft View Prior Sale
09/25/2019 09/25/19 Pending -- -- --
09/15/2019 09/15/19 For Sale $38,000 -- $19 / 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 $986 $24,500 $1,500 $23,000
2023 $966 $24,500 $1,500 $23,000
2022 $850 $24,500 $1,500 $23,000
2021 $852 $24,500 $1,500 $23,000
2020 $845 $24,500 $1,500 $23,000
2019 $856 $24,500 $1,500 $23,000
2018 $856 $24,500 $1,500 $23,000
2017 $839 $24,500 $1,500 $23,000
2016 $817 $24,500 $1,500 $23,000
2015 -- $24,500 $1,500 $23,000
2014 -- $24,500 $1,500 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1537007

Chautauqua-Cattaraugus Board of REALTORS®

APN: 060300-079-019-0001-050-000