2208 East Park Row Drive

2208 East Park Row Drive has been categorized by the local assessors in Arlington, TX as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1990. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2208 East Park Row Drive has 213,940 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 493,014 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of brick. In terms of heating, the home is utilizing gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2208 East Park Row Drive sold most recently in Nov 12, 2021 for a total of $30,512,500. If you work out the math, that's approximately a cost of $142.62 per sqft. Before that, the property was also sold for $32,465,300 in Nov 12, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $639,905 in taxes each year. The initial year of tax delinquency occurred in 2022. 2208 East Park Row Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000,000. If we break it down further, the land itself was valued at $1,035,329. Improvements to the property, however, were assessed at a total of $27,964,671. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.