• Parcel Number:
    14024-04005-00000
  • Computer ID:
    53584
  • DBA:
    AMERICAINN
  • Deed Holder:
    TRISTAR GLOBAL INVESTMENT LLC
  • Contract Buyer:
    SHARDA LLC
  • Property Address:
    4747 1ST AVE SE
    CEDAR RAPIDS, IA 52403--000

  • Mailing Address:
    4747 1ST AVE SE
    CEDAR RAPIDS, IA 52403-0000 USA
  • Location:
    Urban
  • Class:
    COMMERCIAL
  • Map Area:
    HOTEL
  • Tax District:
    20500 CR/LINN MAR SCH
  • Plat Map:
    1720
  • Legal Description:
    RYAN/HIGHLANDER 3RD STR/LB 2
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$408,000 $0 $1,584,900 $1,992,900
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $408,000 $0 $1,156,000 $1,564,000
2022 $408,000 $0 $1,058,200 $1,466,200
2021 $408,000 $0 $1,058,200 $1,466,200
2020 $444,000 $0 $1,066,500 $1,510,500
2019 $444,000 $0 $926,700 $1,370,700
2018 $444,000 $0 $926,700 $1,370,700
2017 $444,000 $0 $926,700 $1,370,700
2016 $333,000 $0 $512,200 $845,200
2015 $333,000 $0 $512,200 $845,200
2014 $333,000 $0 $514,243 $847,243
2013 $333,000 $0 $514,243 $847,243
2012 $359,640 $0 $466,960 $826,600
2011 $359,640 $0 $466,960 $826,600
2010 $359,640 $0 $466,960 $826,600
2009 $359,640 $0 $466,960 $826,600
2008 $359,640 $0 $740,360 $1,100,000
2007 $359,640 $0 $740,360 $1,100,000
2006 $359,640 $0 $740,360 $1,100,000
  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 44,431 1.020
Lump Sum 3,920 0.090
Total 48,352 1.110
  Commercial Building Information
Occupancy Year Built Building Area
1964 8,361
Building 1 of 1
  • Year Built:1964
  • EFA:59
  • EFF Year:1964
  • Occupancy:Hotel / Motel
  • Units:50
  • Label:3S STL FR STUCCO/BLK BRK/
  • Gross Building Area:25,181
  • Condition:Above Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 8,361
Ceiling Suspended Blk-Drop Edge 1 0
Electrical Motel 1 8,361
Exterior Wall Stucco on C'Blk 36 0
Floor Cover Carpet 1 8,361
Framing Incl. w/ Base 1 8,361
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Combination FHA - AC 1 8,361
Interior Wall Drywall or Equiv. 0 0
Partitions Drywall 1 8,361
Roof Metal/ Stl/ Insul (51'-79' Wide) 8,361
Sprinkler Exposed Wet 1 0
Sprinkler Exposed Wet 1 8,361
Sprinkler Exposed Wet 1 0
Struct. Floor R'Concrete 1 8,361
Struct. Floor R'Concrete 1 0
Struct. Floor R'Concrete 1 0
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 52 Base
Toilet Room 1 Base
Lavatory 2 Base
Sink-Service (Fiberglass) 1 Base
Adjustments
Description Quantity Range
Sprinkler - exposed wet 25,083 Average
Extra 1 of 2
  • Type: Swimming Pool (Commercial)
  • Description: Swimming Pool (Commercial)
  • Type: Motel, Apartment (Avg 400 SF)
  • Pricing: Low
  • Heater: Yes
  • Diving Board: No
  • Quantity: 252 Square Feet
  • Auto Power Sweeps: No
Extra 2 of 2
  • Type: Elevator - Pass. Electric
  • Description: Elevator - Pass. Electric
  • Speed: 100 Feet/Minute
  • # of Stops: 3
  • Elevator Type: Geared
  • Capacity: 3,000 Lbs
1994 98
Addition 1 of 1
  • Year Built:1994
  • EFA:29
  • EFF Year:1994
  • Occupancy:Hotel / Motel
  • Units:0
  • Label:1S BRK/BLK STUCCO ENTRY A1
  • Gross Building Area:25,181
  • Condition:Above Normal
  Yard Extra Information
Description Item Count Year Built
1 1994
Details
  • Year Built:1994
  • EFA:29
  • EFF Year:1994
  • Description:Paving - Asphalt
  • Condition:Excellent
  • Paving Type:Asphalt Paving w/Curbs
  • Price Method:Per Square Foot
  • Pricing:Low
  • Quantity:26,000 Square Feet
  • # of Spaces:0
  • Lighting:Average
  • Count:1
  • Plot Number:0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$1,920,000 0 - Normal 11522/59414
Sales Detail
  • Buyer: SHARDA LLC
  • Seller: TRISTAR GLOBAL INVESTMENT LLC
  • Sale Date: 01/23/2024
  • Sale Amount: $1,920,000
  • Sale Type: Contract
  • Sales Code: 0 - Normal
  • Recording: 11522/59414
  • Additional Information: Click Here
$1,625,000 0 - Normal 11426/121
Sales Detail
  • Buyer: TRISTAR GLOBAL INVESTMENT LLC
  • Seller: SUPER STOP LODGING LLC
  • Sale Date: 07/29/2022
  • Sale Amount: $1,625,000
  • Sale Type: Deed
  • Sales Code: 0 - Normal
  • Recording: 11426/121
  • Additional Information: Click Here
$1,285,000 0 - Normal 8771/414
Sales Detail
  • Buyer: SUPER STOP LODGING LLC
  • Seller: CAMBRIDGE HOSPITALITY LLC
  • Sale Date: 08/14/2013
  • Sale Amount: $1,285,000
  • Sale Type: Deed
  • Sales Code: 0 - Normal
  • Recording: 8771/414
  • Additional Information: Click Here
$1,300,000 000 - Normal Arms-Length Transaction 5089/402
Sales Detail
  • Buyer: CAMBRIDGE HOSPITALITY LLC
  • Seller: RYAN HIGHLANDER GROUP 5 HOSPITALITY
  • Sale Date: 01/07/2003
  • Sale Amount: $1,300,000
  • Sale Type: Deed
  • Sales Code: 000 - Normal Arms-Length Transaction
  • Recording: 5089/402
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
09/20/2021 ELEC-016790-2021 BUILDING PERMIT
  **STORM DAMAGE** INTERIOR REPAIRS TO COMMERCIAL BUILDING - REPLACE DAMAGED DRYWALL ON 45 SPECIFIC UNITS ( 301-319, 201-219, 101, 105, 106, 108, 110, 111, AND 112) NO CHANGE IN FLOOR PLAN/LAYOUT/OCCUPANCY. MAINTAIN ALL FIRE RESISTANCE RATINGS PLEASE CALL 286-5831 FOR FRAMING AND FINAL INSPECTIONS
07/24/2021 BLDC-013563-2021 REPAIR
  **STORM DAMAGE** INTERIOR REPAIRS TO COMMERCIAL BUILDING - REPLACE DAMAGED DRYWALL ON 45 SPECIFIC UNITS ( 301-319, 201-219, 101, 105, 106, 108, 110, 111, AND 112) NO CHANGE IN FLOOR PLAN/LAYOUT/OCCUPANCY. MAINTAIN ALL FIRE RESISTANCE RATINGS PLEASE CALL 286-5831 FOR FRAMING AND FINAL INSPECTIONS
11/24/2020 BLDC-022438-2020 REPAIR
  STORM DAMAGE - TEAR OFF AND REROOF PVC MEMBRANE FOR COMMERCIAL PROPERTY
01/31/2014 MECC-016980-2014 MECHANICAL ONLY
  REPLACE FURNACE & AC W/ ADD. DEHUMID.
05/28/2013 UNKNWN1 BOARD OF REVIEW
  1-2013 BOARD OF REVIEW PETITION #440 DECREASE TO $847,243 TL 5/28/13
11/06/2003 UNKNWN2 WORK ORDER
 
  Parcel Notes
Title Note
QUALITY INN. TOTAL 49 ROOMS, 47@12X28, 2@24X28, 1 HOSPITALITY RM @20X28, +/- AVG, = 354SF AVG RM SIZE. COMMON AREA = POOL, LOBBY, LAUNDRY & STAIRWELLS = 2991SF +/-. 14X18 INDOOR POOL & 8' OCTAGON HOT TUB. 1-3 STOP PASS ELEV @ 3000LB & 100FPM. **

1994 REMOD = INTERIOR REMOD / EXP WET SPRINKLER SYSTEM, FRONT ENTRY & INCL IN COMMON AREA SF. *** NOTE: SIGN FOR QUALITY INN IS LOCATED & ASSESSED ON #14024-04004-00000. ***

OWNER OCCUPIED & LEASED. MULTI-TENNANT. *** MOTEL COMMON AREA=2991SF(12%), ROOM & HALL AREA=22092SF(88%). *** LAND SF=48351, BLDG SF=25181, L TO B RATIO=1.92.

1-1-04 - NEW PLAT 4-2004 = DIV FROM #14024-04001-00000, ADJUST LAND DUE TO COLLINS RD FRONTAGE/ACCESS. ADJUST IMPROVEMENTS AFTER DIV FOR NEW PLAT.

(SEE NEW PARCEL #14024-04004-00000 FOR OLD TGI FRIDAY'S RESTAURANT THAT WAS WRECKED AND HAS NEW GRANITE CITY RESTAURANT ADDED.) - JMR ***

2005 BOARD OF REVIEW PETITION #1142 REDUCE TO $1,100,000 ***

2008 BOARD OF REVIEW PET#207 NO CHANGE

1-2009 REVIEWED VALUATION PER OWNERS REQUEST - NO CHANGE - BW

2009 BOARD OF REVIEW PETITION #151 REDUCE TO $931,000.

1-2010 BOARD OF REVIEW PETITION #1735 NO CHANGE

1-2009 PAAB STIPULATION OF SETTLEMENT DECREASED VALUE FOR 2009, 2010 AND 2011; DOCKET #09-101-1245 8/13/2010 BW

1-2013 COMM REVAL - 10/28/11 TL

1-2013 BOARD OF REVIEW PETITION #440 DECREASE TO $847,243 TL 5/28/13

1-2015 REMOVED BOR VALUES - APPRAISED COLUMN LESS THAN BOR - 12/05/14 TL

1-2017 COMM REVAL. 1/12/17 JKB

1-2017 INFORMAL APPEAL RESULTS IN CHANGE IN VALUE. 4/25/17 JKB

1-2020 HOTEL REVIEW- 50 RMS W/ 49 RENTED 1 RM HAS BEEN CONVERTED TO FITNESS/ LAUNDRY AREA. SMALL FITNESS RM. WINDOWS, ROOF AND FRESH PAINT ON SIDING EST'D 10 YRS OLD. REMOVED SPA/HOT TUB. ROOMS HAVE UPDATED BATH, CARPET AND PAINT THROUGHOUT. LOBBY AREA SHOWING SOME WEAR AND TEAR. INSPECTED 6/19/2019 AS

1-2020 APPLIED 10% OBSOL FOR LOCATION & 10% OBSOL ARCH/DESIGN FOR QUALITY. 1/16/2020 AS

1-2020 INFORMAL APPEAL RESULTS IN NO VALUE CHANGE. 4/9/2020 AS

1-2020 BOARD OF REVIEW PETITION #0123 REDUCE FROM $1,871,800 TO $1,510,500. CHANGED GRADE AND APPLIED LOCATION OBSO. 6/2/2020 AS

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

1-2022 DERECHO STORM DAMAGE REVIEW RESULTS: NEW ROOF ON EXT, INT REPAIRS TO DRYWALL, FLOORING & PAINT. UPDATED FURNITURE THROUGHOUT 2ND & 3RD FLOOR. INSPECTED LOBBY ONLY- INFO FROM EMPLOYEE 12/6/2021 AS

1-2023 UPDATED EXT PAINT, CHANGED COND TO AN DUE TO UPDATES TO INT & EXT. MOVED POOL FROM YARD ITEMS TO PRICE AS BLDG EXTRA (B1). EXT REVIEW 11/7/2022 AS

1-2024 CHANGED LOCATION OBSO TO 10% FOR MARKET & EQUITY. CHANGED PAVING FROM BN TO EX DUE TO RESURFACING. 8/3/2023 AS



  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $1,564,000.00 $1,342,114.00 $56,744.00 $56,744.00
2022 2023-2024 $1,466,200.00 $1,266,555.00 $52,968.00 $52,968.00
2021 2022-2023 $1,466,200.00 $1,319,580.00 $53,969.86 $50,932.00
2020 2021-2022 $1,510,500.00 $1,359,450.00 $56,584.00 $53,302.00
2019 2020-2021 $1,370,700.00 $1,233,630.00 $51,389.00 $48,190.00
2018 2019-2020 $1,370,700.00 $1,233,630.00 $50,350.00 $46,950.00
2017 2018-2019 $1,370,700.00 $1,233,630.00 $49,326.00 $46,004.00
2016 2017-2018 $845,200.00 $760,680.00 $30,614.00 $27,070.00
2015 2016-2017 $845,200.00 $760,680.00 $30,591.00 $27,054.00
2014 2015-2016 $847,243.00 $762,519.00 $30,636.00 $28,104.00
2013 2014-2015 $847,243.00 $804,881.00 $32,031.00 $31,070.00
  Sketch
  • Sketch for PIN 14024-04005-00000
    Sketch for PIN 14024-04005-00000
  • Sketch for PIN 14024-04005-00000
    Sketch for PIN 14024-04005-00000