NOT LISTED FOR SALE

502 W Polk St Harlingen, TX 78550

Estimated Value: $187,000 - $366,000

5 Beds
4 Baths
1,411 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 16, 2024

Current estimated payment $1,727/month

82 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Central Heating
  • Detached Garage
  • 1-Story Property
  • Multiple Water Heaters

About This Home

As of February 2024

Come take a look at this great investment opportunity! 1 Duplex plus 1 Studio Apartment (3 units total) are in need of a little TLC. There is a fence that separates the duplex and apartment. Both sides have great yard space. Schedule your showing today!

Last Agent to Sell the Property

SAMANTHA GARZA

MARCUS PHIPPS REAL ESTATE, LLC Brokerage Phone: 9564235300 License #TREC # 0780269 Listed on: 11/06/2023

Last Buyer's Agent

Azeneth Badiola

Badiola Real Estate LLC License #TREC # 0535943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 1945

Lot Details

  • 7,000 Sq Ft Lot
  • Corner Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,411 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • Detached Garage
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Bowie Elementary School
  • Coakley Middle School
  • Harlingen South High School

Utilities

  • Central Heating
  • Multiple Water Heaters
  • Satellite Dish

Community Details

  • 3 Units
  • Harlingen Original Townsite Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,007

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Interior Amenities: High Speed Internet
  • Year Built: 1945
  • Property Sub-Type: Other Multi Unit
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot, Curb & Gutter
  • Lot Size Acres: 0.1607
  • Road Surface Type: Paved
  • Co List Office Phone: 956-423-5300
  • MLS Status: Sold
  • Subdivision Name: Harlingen Original Townsite
  • Unit Levels: One
  • Efficiency: None
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: 2 or More Water Heaters Per Unit
  • Other Equipment: Satellite Dish

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Detached, On Street

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Bowie
  • High School: Harlingen South
  • Junior High Dist: Harlingen C.I.S.D.
  • Middle Or Junior School: Coakley

Lot Info

  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: Square Feet

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Maldonado Robert M and Maldonado Blanca E
Bought by
Creech Dorsey Duane
Total Days on Market
82
Current Estimated Value
$301,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$176,352
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$118,599

Purchase Details

Closed on
Feb 9, 2015
Sold by
Cano Eloy and Cano Melissa M
Bought by
Maldonado Robert M and Garza Maldonado Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Creech Dorsey Duane -- Rio Grande Valley Abstract C
Maldonado Robert M -- Stewart Title Of Cameron Cou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creech Dorsey Duane $192,000
Previous Owner Maldonado Robert M $142,500
Previous Owner Cano Eloy $133,513
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold -- -- --
01/28/2024 01/28/24 Price Changed $85,000 -10.4% $60 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
11/06/2023 11/06/23 For Sale $94,900 -- $67 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

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
2025 $1,007 $307,714 -- --
2024 $1,007 $284,088 -- --
2023 $5,046 $254,334 $0 $0
2022 $4,241 $186,431 $38,675 $147,756
2021 $4,121 $178,696 $30,940 $147,756
2020 $4,222 $178,696 $30,940 $147,756
2019 $3,417 $144,020 $27,370 $116,650
2018 $3,452 $144,020 $27,370 $116,650
2017 $3,404 $144,020 $27,370 $116,650
2016 $3,233 $136,754 $17,850 $118,904
2015 $2,902 $136,754 $17,850 $118,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29748530

Rio Grande Valley Multiple Listing Service

APN: 150000-0990-001000