NOT LISTED FOR SALE

507 W Polk St Unit 2 Houston, TX 77019

Montrose Neighborhood

Estimated Value: $923,355 - $1,211,000

1 Bed
1 Bath
2,172 Sq Ft
$461/Sq Ft Est. Value

About This Home

This home is located at 507 W Polk St Unit 2, Houston, TX 77019 and is currently estimated at $1,000,339, approximately $460 per square foot. 507 W Polk St Unit 2 is a home located in Harris County with nearby schools including Gregory-Lincoln Ed Center, Wharton Dual Language Academy, and Lamar High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2017
Sold by
Arofia Llc
Bought by
Ghauri Shahid
Current Estimated Value
$1,000,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$541,747
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$398,818

Purchase Details

Closed on
Jul 25, 2016
Sold by
Echeverria Marco
Bought by
Arofia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ghauri Shahid -- None Available
Arofia Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghauri Shahid $650,000
Previous Owner Arofia Llc $600,000
Previous Owner Zdan Deran $198,000
Previous Owner Zdan Deran $178,000
Previous Owner Zdan Deran $174,700
Previous Owner Zdan Deran $174,700
Source: Public Records

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
2023 $13,770 $887,789 $200,000 $687,789
2022 $17,693 $803,530 $200,000 $603,530
2021 $17,841 $765,477 $180,000 $585,477
2020 $17,968 $742,000 $120,000 $622,000
2019 $18,694 $738,771 $120,000 $618,771
2018 $18,368 $725,882 $120,000 $605,882
2017 $11,515 $433,932 $157,500 $276,432
2016 $15,902 $599,281 $400,000 $199,281
2015 $9,383 $499,694 $300,000 $199,694
2014 $9,383 $365,000 $275,000 $90,000
Source: Public Records

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