• Parcel Number:
    13254-53007-00000
  • Deed Holder:
    HORIZON CAPITAL INVESTMENTS LLC
  • Property Address:
    3750 12TH AVE SW
    CEDAR RAPIDS, IA 52404-0000

  • Mailing Address:
    517 2ND ST UNIT 201
    COARLVILLE, IA 52241-2698 USA
  • Location:
    Urban
  • Class:
    RES 3+ UNITS
  • Map Area:
    APARTMENT
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    2530
  • Legal Description:
    EDGEWOOD GARDENS 6TH LOT 9
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$80,600 $708,100 $0 $788,700
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $80,600 $708,100 $0 $788,700
2022 $80,600 $599,600 $0 $680,200
2021 $80,600 $537,500 $0 $618,100
2020 $90,000 $430,800 $0 $520,800
  Land Information
Assessor's lot sizes are for assessment purposes only and may NOT represent actual dimensions. For more accurate, complete data refer to GIS maps, plat maps, or legal documents.
Lot Type Square Feet Acres
Acres x Rate 31,189 0.716
  Commercial Building Information
Occupancy Year Built Building Area
1975 3,840
Building 1 of 1
  • Year Built:1975
  • EFA:48
  • EFF Year:1975
  • Occupancy:Apartment
  • Label:3S WD FR VINYL
  • Gross Building Area:11,520
  • Condition:Above Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 3,840
Electrical Apartment 1 3,840
Exterior Wall Vinyl - Frame 27 0
Floor Cover Carpet 1 3,840
Floor Cover Vinyl Sheet 1 0
Framing Wood - Average 1 3,840
Fronts/Doors Average Cost Front Average 0
Ftg & Fdtn Concrete 8" 0
HVAC Combination FHA - AC 1 3,840
Interior Wall Panel - Hardwood 0 0
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 3,840
Roof Asph. Shingle/ Wood Dk 3,840
Struct. Floor Wd Joists w /Sub-Flr 1 3,840
Struct. Floor R'Concrete 1 0
Windows Aluminum Casement 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 12 Base
Sink-Kitchen 12 Base
Extra 1 of 5
  • Type: Fireplace (Commercial)
  • Description: Fireplace (Commercial)
  • Type: Prefab w/stack
  • Story Height: 3 Story
Extra 2 of 5
  • Type: Fireplace (Commercial)
  • Description: Fireplace (Commercial)
  • Type: Prefab w/stack
  • Story Height: 2 Story
Extra 3 of 5
  • Type: Decks,Patios,etc.
  • Description: Porch (Commercial)
  • Type: Balcony
  • Pricing: Average
  • Width: 0.00
  • Length: 0.00
  • Quantity: 72
Extra 4 of 5
  • Type: Kitchen Built-in
  • Description: Kitchen Built-in
  • Type: B.I. Dishwasher
Extra 5 of 5
  • Type: Fireplace (Commercial)
  • Description: Fireplace (Commercial)
  • Type: Prefab w/stack
  • Story Height: 1 Story
  Yard Extra Information
Description Item Count Year Built
1 1975
Details
  • Year Built:1975
  • EFA:48
  • EFF Year:1975
  • Description:Garage (Commercial)
  • Condition:Above Normal
  • Type:Frame
  • Pricing:Average
  • Width:0.00
  • Length:0.00
  • Quantity:2,400 Square Feet
  • # of Stalls:0.00
  • Count:1
  • Plot Number:0
1 1975
Details
  • Year Built:1975
  • EFA:48
  • EFF Year:1975
  • Description:Paving - Concrete
  • Condition:Normal
  • Paving Type:Concrete Parking
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:9,200 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$1,700,000 0 - Normal 11523/30563
Sales Detail
  • Buyer: HORIZON CAPITAL INVESTMENTS LLC
  • Seller: THEO'S LLC
  • Sale Date: 09/03/2024
  • Sale Amount: $1,700,000
  • Sale Type: Deed
  • Sales Code: 0 - Normal
  • Recording: 11523/30563
  • Additional Information: Click Here
$1,655,000 0 - Normal 11479/390
Sales Detail
  • Buyer: THEO'S LLC
  • Seller: CENTRAL PLAINS REAL ESTATE LLC
  • Sale Date: 10/25/2022
  • Sale Amount: $1,655,000
  • Sale Type: Deed
  • Sales Code: 0 - Normal
  • Recording: 11479/390
  • Additional Information: Click Here
$727,500 0 - Normal 11079/25
Sales Detail
  • Buyer: CENTRAL PLAINS REAL ESTATE LLC
  • Seller: RNEW LLC - SERIES 76
  • Sale Date: 07/07/2021
  • Sale Amount: $727,500
  • Sale Type: Deed
  • Sales Code: 0 - Normal
  • Recording: 11079/25
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
06/20/2024 MECC-004831-2024 MECHANICAL ONLY
  REPLACE AC IN MULTI-UNIT DWELLING
01/04/2022 PLMC-021744-2022 FUEL GAS TESTS
  GAS TEST
08/27/2020 BLDC-011669-2020 REPAIR
  DUE TO STORM DAMAGE: REROOF-COMPLETE TEAR OFF-NO SHEATHING ON APARTMENT BUILDING - 5300 S.F. USING ARCHITECTURAL SHINGLES
08/27/2020 BLDC-011667-2020 REPAIR
  DUE TO STORM DAMAGE: REROOF-COMPLETE TEAR OFF-NO SHEATHING ON DETACHED GARAGE FOR APARTMENT BUILDING - 2800 S.F. USING ARCHITECTURAL SHINGLES
05/16/2008 BLDG054113CR SIDING
  APPLICATION OF VINYL SIDING TO APT BLDG, UNITS 1-6 ALSO TO INCLUDE 3760 UNITS 7-12 9/30/08 MJC
  Parcel Notes
Title Note
4-02-2002: ORIG INT FINISH, AVG QUALITY, TYPICAL APARTMENT BLDG, ORIG KITCHEN CABS WITH B.I. DISHWASHERS. EACH APT HAS (1) FIREPLACE. AVG UNIT SIZE = 960 SF. OLDER FLOOR COVERINGS. TWO 6x12 LAUNDRY ROOMS CONSISTING OF (1) WASHER AND (1) DRYER.

EACH UNIT HAS ONE GARAGE SPACE, CURRENTLY 4 UNITS ARE VACANT. 1ST FLOOR IS 1/2 SUBMERGED.

LEASED, MULTI-TENANT****APARTMENT AREA = 10864SF (94%). COMMON AREA = 656SF (6%). 7700 SF PAVING/ 12 UNITS = 641 SF PER UNIT. **** LAND SF = 31,170. BLDG SF = 11520. L TO B RATIO = 2.71.

8/12/2008 ADD VINYL SIDING APTS & GARAGES NAV-SP

1-2020 PARCELS 13254-53005-01000 THRU 13254-53005-01011 CONDO REMOVAL - NEW PARCEL 13254-53007-00000 7/1/20 SAM

1-2021 CHANGE CLASS FROM RES TO MULTI-RES PER JA 9/21/20 SAM

1-2021 REVALUE RES CONDOS TO MULTIRES APTS. 10/02/2020 NM

1-2021 DERECHO- REPLACED ROOF. NAV 11/9/20 NM

1-2021 CHANGE OF LAND VALUE FOR COMMERCIAL LAND REVALUATION SEL

1-2021 INFORMAL APPEAL RESULTS IN CHANGE OF VALUE FROM 640,000 TO 618,100. 4% UNTIL COMPLETE DERECHO ADJ (SOFFIT, FASCIA, GUTTERS). 04/19/2021 NM

1-2022 - CHANGED CLASS FROM MULTI-RES TO RESIDENTIAL 3+ UNITS PER HOUSE FILE 418 (NO RECON REQUIRED). 6/17/21 SAM

1-2022 DERECHO REPAIRS COMPLETE - RMVD 4% ADJ. UPDATED EXT - COND TO ANML. 08/02/2021 NM
  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $788,700.00 $365,505.00 $13,958.00 $13,958.00
2022 2023-2024 $680,200.00 $371,730.00 $14,346.00 $14,346.00
2021 2022-2023 $618,100.00 $394,039.00 $15,080.00 $15,080.00
2020 2021-2022 $520,800.00 $293,780.00 $11,490.00 $11,490.00
  Sketch
  • Sketch for PIN 13254-53007-00000
    Sketch for PIN 13254-53007-00000
  • Sketch for PIN 13254-53007-00000
    Sketch for PIN 13254-53007-00000