• Parcel Number:
    13264-08001-00000
  • DBA:
    RICH-MAR APARTMENTS
  • Deed Holder:
    JEW JEAN Y REV TRUST
  • Property Address:
    5025 1ST AVE SW
    CEDAR RAPIDS, IA 52404-0000

  • Mailing Address:
    3973 STEWART RD NE
    IOWA CITY, IA 52240-0000 USA
  • Location:
    Urban
  • Class:
    RES 3+ UNITS
  • Map Area:
    APARTMENT
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    2532
  • Legal Description:
    SPENCER 1ST SE 23.5' MEAS ON FRT LN BNG SE 18.86' ON REAR LN LOT 28 & (LESS S 153.67') STR/LB A
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$44,100 $353,100 $0 $397,200
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $44,100 $353,100 $0 $397,200
2022 $44,100 $336,600 $0 $380,700
2021 $44,100 $336,600 $0 $380,700
2020 $35,300 $253,200 $0 $288,500
2019 $35,300 $253,200 $0 $288,500
2018 $35,300 $241,100 $0 $276,400
2017 $35,300 $241,100 $0 $276,400
2016 $35,300 $253,800 $0 $289,100
2015 $35,300 $253,800 $0 $289,100
2014 $35,300 $0 $277,329 $312,629
2013 $35,300 $0 $277,329 $312,629
2012 $28,593 $0 $286,645 $315,238
2011 $28,593 $0 $286,645 $315,238
2010 $28,593 $0 $279,915 $308,508
2009 $28,593 $0 $279,915 $308,508
2008 $28,593 $0 $279,915 $308,508
2007 $28,593 $0 $279,915 $308,508
2006 $28,593 $0 $279,915 $308,508
  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
Sq. Ft x Rate 17,650 0.405
  Commercial Building Information
Occupancy Year Built Building Area
1962 3,819
Building 1 of 1
  • Year Built:1962
  • EFA:61
  • EFF Year:1962
  • Occupancy:Apartment
  • Label:2S WD FR BRK VEN/ B (B1)
  • Gross Building Area:7,706
  • Condition:Below Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Basement Incl. w / Base 3,819
Ceiling Drywall 1 3,819
Electrical Apartment 1 3,819
Exterior Wall Brick Veneer 18 0
Floor Cover Carpet 1 3,819
Floor Cover Vinyl Sheet 1 0
Framing Wood - Average 1 3,819
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Combination FHA - AC 1 3,819
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 3,819
Roof Asph. Shingle/ Wood Dk 3,819
Struct. Floor R'Concrete 1 0
Struct. Floor Wd Joists w /Sub-Flr 1 3,819
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 8 Base
Toilet Room 8 Average
Sink-Kitchen 8 Base
1962 34
Addition 1 of 2
  • Year Built:1962
  • EFA:61
  • EFF Year:1962
  • Occupancy:Apartment
  • Label:1S FR (2ND FLR) (A1)
  • Gross Building Area:7,706
  • Condition:Below Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 34
Electrical Apartment 1 34
Exterior Wall Composition - Frame 9 0
Floor Cover Carpet 1 34
Framing Wood - Average 1 34
Fronts/Doors Incl. w / Base Average 0
HVAC Combination FHA - AC 1 34
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 34
Roof Asph. Shingle/ Wood Dk 34
Struct. Floor Wd Joists w /Sub-Flr 1 34
Windows Incl. w / Base 0 0
1962 34
Addition 2 of 2
  • Year Built:1962
  • EFA:61
  • EFF Year:1962
  • Occupancy:Apartment
  • Label:1S FR (2ND FLR) (A2)
  • Gross Building Area:7,706
  • Condition:Below Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 34
Electrical Apartment 1 34
Exterior Wall Composition - Frame 9 0
Floor Cover Carpet 1 34
Framing Wood - Average 1 34
Fronts/Doors Incl. w / Base Average 0
HVAC Combination FHA - AC 1 34
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 34
Roof Asph. Shingle/ Wood Dk 34
Struct. Floor Wd Joists w /Sub-Flr 1 34
Windows Incl. w / Base 0 0
  Yard Extra Information
Description Item Count Year Built
1 1962
Details
  • Year Built:1962
  • EFA:61
  • EFF Year:1962
  • Description:Paving - Asphalt
  • Condition:Below Normal
  • Paving Type:Asphalt Parking
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:5,300 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$0 50 - Other with explanation 11282/652
Sales Detail
  • Buyer: JEW JEAN Y REV TRUST
  • Seller: JEW JEAN Y
  • Sale Date: 02/10/2022
  • Sale Amount: $0
  • Sale Type: Quit Claim Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 11282/652
  • Additional Information: Click Here
$925,000 50 - Other with explanation 10626/276
Sales Detail
  • Buyer: JEW JEAN Y
  • Seller: WILLIAMS GLENYS O (THE ESTATE OF)
  • Sale Date: 03/31/2020
  • Sale Amount: $925,000
  • Sale Type: Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 10626/276
  • Additional Information: Click Here
$0 50 - Other with explanation 10470/526
Sales Detail
  • Buyer: WILLIAMS GLENYS O - ESTATE OF
  • Seller: WILLIAMS TERENCE H (ESTATE OF)
  • Sale Date: 09/28/2019
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 10470/526
  • Additional Information: Click Here
$440,000 043 - Multiple Parcels - One Parcel As Normal w/ All Parcels Listed 3883/98
Sales Detail
  • Buyer:
  • Seller: JEW JEAN Y ET AL
  • Sale Date: 04/19/1999
  • Sale Amount: $440,000
  • Sale Type: Deed
  • Sales Code: 043 - Multiple Parcels - One Parcel As Normal w/ All Parcels Listed
  • Recording: 3883/98
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
08/17/2010 MECH025482CR REPAIR
  UNIT #9
03/29/2005 11289 FURNACE
 
10/20/2004 10212 FURNACE/AC
 
07/24/2001 2715 FURNACE
 
  Parcel Notes
Title Note
06-14-2002: CALLED AND TALKED TO PROPERTY MANAGER ABOUT THIS PROPERTY BACK IN APRIL WHILE LISTING SALES. THIS BLDG IS AN 8 UNIT COMPLEX WITH (8)-2BDRM, AVG UNIT SIZE = 963 SF. ORIG KITCHEN CABS, FLOOR COVERINGS HAVE BEEN REPLACED OVER THE YEARS WHEN NEEDED. EACH UNIT HAS A FULL BATH, TOILET ROOM, AND GARBAGE DISPOSAL. EACH UNIT ALSO HAS AN UNFINISHED STORAGE BSMT. FHA/AC HEATING AND COOLING. MANAGER REFUSED INSPECTION OF THIS BLDG. OBSOL 5% BRK 5% BSMT.

**** LEASED, MULTI-TENANT. **** APARTMENT AREA = 7706 SF (100%). COMMON AREA = 0 SF (0%). **** 4000 SQ FT PAVING/ 8 UNITS = 500 SF PAVING PER UNIT. **** LAND SF = 17,650. BLDG SF= 7706. L TO B RATIO = 2.29.

12/3/2004 FURNACE REPAIRS NAV; 6/14/2005 FURNACE REPAIRS NAV

1-2013 COMM REVAL - ADJUSTED COND, PAVING - 08/31/11 TL

1-2015 SF 295 CHANGE CLASS FROM COMM TO MULTI RES 9/29/14 SAM

1-2015 UPDATED MANUAL LEVEL AND DEPRECIATION SCHEDULE BASED ON MARKET CONDITIONS.

1-2017 13264-08001-00000, 13264-08018-00000 COMPRISE 1 UNIT FOR UNIT COUNT - 10/18/16 TL

1-2017 REVAL CORRECT PAVING SIZE. 5% STRUCTURE FOR BRICK CONST. OTHER OBSOL FOR MARKET & EQUITY. 2/2/17 JKB

1-2019 MULTI-RES REVIEW, NO RESPONSE FROM OWNER QUESTIONAIRE. INFO FROM EXTERIOR REVIEW. REMOVE 20% OTHER ADJUSTMENT AND 5% FOR HVAC. APPLY 20% SIZE FOR MARKET/EQUITY. 1/1/2019 JA

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

1-2022 - CHANGED CLASS FROM MULTI-RES TO RESIDENTIAL 3+ UNITS PER HOUSE FILE 418 (NO RECON REQUIRED). 6/17/21 SAM
  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $397,200.00 $184,073.00 $7,030.00 $7,030.00
2022 2023-2024 $380,700.00 $208,053.00 $8,030.00 $8,030.00
2021 2022-2023 $380,700.00 $242,697.00 $9,288.00 $9,288.00
2020 2021-2022 $288,500.00 $194,738.00 $7,618.00 $7,618.00
2019 2020-2021 $288,500.00 $205,556.00 $8,018.00 $8,018.00
2018 2019-2020 $276,400.00 $207,300.00 $7,850.00 $7,850.00
2017 2018-2019 $276,400.00 $217,665.00 $8,202.00 $8,202.00
2016 2017-2018 $289,100.00 $238,508.00 $9,122.00 $9,122.00
2015 2016-2017 $289,100.00 $249,349.00 $9,528.00 $9,528.00
2014 2015-2016 $312,629.00 $281,366.00 $10,742.00 $10,742.00
2013 2014-2015 $312,629.00 $296,998.00 $11,368.00 $11,368.00
  Sketch
  • Sketch for PIN 13264-08001-00000
    Sketch for PIN 13264-08001-00000
  • Sketch for PIN 13264-08001-00000
    Sketch for PIN 13264-08001-00000