• Parcel Number:
    14102-26001-00000
  • Computer ID:
    53574
  • DBA:
    NOELRIDGE DENTAL
  • Deed Holder:
    SCF RC FUNDING IV LLC
  • Property Address:
    1201 42ND ST NE
    CEDAR RAPIDS, IA 52402-0000

  • Mailing Address:
    % ESSENTIAL PROPERTIES
    902 CARNEGIE CENTER BLVD STE 520
    PRINCETON, NJ 08540-0000 USA
  • Location:
    Urban
  • Class:
    COMMERCIAL
  • Dual Class:
    Yes
  • Map Area:
    OFFICE; MEDICAL
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    1823
  • Legal Description:
    IRR SUR W1/2 NW10-83-7 W 120' E 160' S 115' N 155' STR/LB 1
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Residential Land Value Commercial Land Value Dwelling Value Improvement Value Total Value
$34,500 $34,500 $132,500 $120,700 $322,200
  Prior Year Value Information
Year Residential Land Value Commercial Land Value Dwelling Value Improvement Value Total Value
2023 $34,500 $34,500 $132,500 $120,700 $322,200
2022 $34,500 $34,500 $113,600 $106,700 $289,300
2021 $34,500 $34,500 $113,600 $106,700 $289,300
2020 $34,500 $34,500 $112,100 $104,400 $285,500
2019 $34,500 $34,500 $112,100 $104,400 $285,500
2018 $34,500 $34,500 $112,100 $104,400 $285,500
2017 $34,500 $34,500 $112,100 $104,400 $285,500
2016 $34,500 $34,500 $103,750 $95,450 $268,200
2015 $34,500 $34,500 $103,750 $95,450 $268,200
2014 $0 $69,000 $0 $205,602 $274,602
2013 $0 $69,000 $0 $205,602 $274,602
2012 $0 $59,616 $0 $193,649 $253,265
2011 $0 $59,616 $0 $193,649 $253,265
2010 $0 $59,616 $0 $188,132 $247,748
2009 $0 $59,616 $0 $188,132 $247,748
2008 $0 $59,616 $0 $188,132 $247,748
2007 $0 $59,616 $0 $188,132 $247,748
2006 $0 $59,616 $0 $188,132 $247,748
  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. W/Dimensions 13,800 0.317
  Commercial Building Information
Occupancy Year Built Building Area
1973 2,100
Building 1 of 1
  • Year Built:1973
  • EFA:50
  • EFF Year:1973
  • Occupancy:Office - Medical / Dental
  • Label:2S WD FR BRK VEN
  • Gross Building Area:4,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 2,100
Electrical Incl. w / Base 1 2,100
Exterior Wall Brick Veneer 0 0
Floor Cover Asphalt Tile 1 0
Floor Cover Carpet 1 2,100
Framing Wood - Average 1 2,100
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Combination FHA - AC 1 2,100
Interior Wall Drywall or Equiv. 0 0
Partitions Drywall 1 2,100
Roof Asph. Shingle/ Wood Dk 2,100
Struct. Floor R'Concrete 1 0
Struct. Floor Wd Joists w /Sub-Flr 1 2,100
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 2 Base
Toilet Room 3 Base
Lavatory 6 Base
Sink-Kitchen 1 Base
Sink-Service (Porcelain) 1 Base
Urinal - Wall 1 Base
Adjustments
Description Quantity Range
A/C - no upper 2,100 Average
Extra 1 of 2
  • Type: Decks,Patios,etc.
  • Description: Porch (Commercial)
  • Type: Porch (commercial)
  • Pricing: High
  • Width: 0.00
  • Length: 0.00
  • Quantity: 39
Extra 2 of 2
  • Type: Decks,Patios,etc.
  • Description: Porch (Commercial)
  • Type: Balcony
  • Pricing: Average
  • Width: 0.00
  • Length: 0.00
  • Quantity: 93
  Yard Extra Information
Description Item Count Year Built
1 1973
Details
  • Year Built:1973
  • EFA:50
  • EFF Year:1973
  • Description:Garage (Commercial)
  • Condition:Normal
  • Type:Frame
  • Pricing:Average
  • Width:0.00
  • Length:0.00
  • Quantity:925 Square Feet
  • # of Stalls:0.00
  • Count:1
  • Plot Number:0
1 1973
Details
  • Year Built:1973
  • EFA:50
  • EFF Year:1973
  • Description:Paving - Asphalt
  • Condition:Below Normal
  • Paving Type:Asphalt Parking
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:5,820 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$1,832,536 29 - Sale between Tenant and Landlord (including sale/lease-back transactions) 11483/4
Sales Detail
  • Buyer: SCF RC FUNDING IV LLC
  • Seller: MV LLC
  • Sale Date: 10/18/2022
  • Sale Amount: $1,832,536
  • Sale Type: Deed
  • Sales Code: 29 - Sale between Tenant and Landlord (including sale/lease-back transactions)
  • Recording: 11483/4
  • Additional Information: Click Here
$200,000 0 - Normal 11414/510
Sales Detail
  • Buyer: MV LLC
  • Seller: JC REDWOOD RENTAL COMPANY LLC
  • Sale Date: 07/15/2022
  • Sale Amount: $200,000
  • Sale Type: Deed
  • Sales Code: 0 - Normal
  • Recording: 11414/510
  • Additional Information: Click Here
$325,000 29 - Sale between Tenant and Landlord (including sale/lease-back transactions) 9616/64
Sales Detail
  • Buyer: JC REDWOOD RENTAL COMPANY LLC
  • Seller: MOWREY STEVAN S REVOCABLE TRUST
  • Sale Date: 07/27/2016
  • Sale Amount: $325,000
  • Sale Type: Deed
  • Sales Code: 29 - Sale between Tenant and Landlord (including sale/lease-back transactions)
  • Recording: 9616/64
  • Additional Information: Click Here
$0 049 - Unuseable Sale - Other 5005/441
Sales Detail
  • Buyer:
  • Seller:
  • Sale Date: 01/14/2003
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 049 - Unuseable Sale - Other
  • Recording: 5005/441
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
07/26/2012 BLDG081326CR ROOF
  TEAR OFF AND SHINGLE W/ASPHALT TO DETACHED GARAGE - 12 SQS.
04/21/2010 BLDG066603CR ROOF
  TEAR OFF AND SHINGLE W/ASPHALT TO COMMERCIAL BLDG.
11/08/2007 SIGN006221CR INSTALLATION
  INSTALL 3' X 8' BANNER - 24 SQ FT; 8' HEIGHT ABOVE GRADE. MESSAGE "CALL ABOUT LASER DENTISTRY - 393-6152 - WWW.NOELRIDGEDENTAL.COM"
  Parcel Notes
Title Note
LEASED MULTIPLE TENANT LAND SF = 13,800 BLDG SF = 4200. L TO B = 3.29

1ST FLR - MEDICAL OFFICE. 2ND FLR (2) 2 BDRM APTS.***IBR-ADD ECON.

1-2011 RESHINGLED BLDG - NAV - 06/29/10 TL

1-2013 RESHINGLED DET GAR - NAV -09/10/12 TL

1-2013 COMM REVAL - 08/01/12 TL

1-2013 INFORMAL HEARING CHANGED FROM $323438 TO $274602, DATED FINISHES, ELECTRIC FURNACE ON UPPER GAS ON MAIN, SPACING BETWEEN BLDG AN GARAGE LIMITS THE ACCESSABILITY THROUGH THE PARKING LOT - 04/04/13 TL

1-2015 DUAL CLASSIFICATION - 1ST FLR OF COMM BUILDING USED FOR COMMERCIAL PURPOSE - UPPER LEVEL MULTI-RESIDENTIAL USE - LAND, PAVEMENT & BLDG 50% COMMERCIAL/50% MULTI-RESIDENTIAL - DET FR GARAGE AS MULTI-RESIDENTIAL - BW 1-19-2015

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

1-2021 NAV FOR COMMERCIAL LAND REVALUATION SEL

1-2022 - CHANGED DUAL CLASS (MULTI-RES PORTION OF PARCEL ONLY) FROM MULTI-RES TO RESIDENTIAL PER HOUSE FILE 418. 11/9/2021 JC

1-2023 OFFICE REVIEW. CONFIRMED EXTERIOR LISTING. 9/19/22 JA
  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $322,200.00 $151,587.00 $5,790.00 $5,790.00
2022 2023-2024 $289,300.00 $158,103.00 $6,102.00 $6,102.00
2021 2022-2023 $289,300.00 $221,494.00 $8,478.32 $6,540.00
2020 2021-2022 $285,500.00 $223,966.00 $8,760.00 $6,934.00
2019 2020-2021 $285,500.00 $229,462.00 $8,950.00 $7,058.00
2018 2019-2020 $285,500.00 $234,960.00 $8,898.00 $7,158.00
2017 2018-2019 $285,500.00 $240,458.00 $9,061.00 $7,262.00
2016 2017-2018 $268,200.00 $231,012.00 $8,835.00 $7,192.00
2015 2016-2017 $268,200.00 $236,195.00 $9,025.00 $5,664.00
2014 2015-2016 $274,602.00 $247,142.00 $9,436.00 $7,030.00
2013 2014-2015 $274,602.00 $260,872.00 $9,985.00 $9,060.00
  Sketch
  • Sketch for PIN 14102-26001-00000
    Sketch for PIN 14102-26001-00000
  • Sketch for PIN 14102-26001-00000
    Sketch for PIN 14102-26001-00000