Parcel Details: 14214-62014-00000
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Parcel Number:
14214-62014-00000
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Computer ID:
53817
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DBA:
GUARANTY BANK
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Deed Holder:
ASPECT INVESTMENTS LC
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Property Address:
222 3RD ST SE
CEDAR RAPIDS, IA 52401-0000
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Mailing Address:
221 2ND AVE SE STE 400
CEDAR RAPIDS, IA 52401-0000 USA -
Location:
Urban
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Class:
COMMERCIAL
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Map Area:
OFFICE; CTRL CR
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Tax District:
20700 CR-SSMID
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Plat Map:
2324
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Legal Description:
GUARANTY BANK 1ST LOT 1
- Property Report:
Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
| Land Value | Dwelling Value | Improvement Value | Total Value |
|---|---|---|---|
| $423,500 | $0 | $1,048,800 | $1,472,300 |
Prior Year Value Information
| Year | Land Value | Dwelling Value | Improvement Value | Total Value |
|---|---|---|---|---|
| 2023 | $423,500 | $0 | $1,048,800 | $1,472,300 |
| 2022 | $423,500 | $0 | $1,287,600 | $1,711,100 |
| More Years... | ||||
| 2021 | $423,500 | $0 | $1,287,600 | $1,711,100 |
| 2020 | $423,500 | $0 | $1,292,000 | $1,715,500 |
| 2019 | $420,000 | $0 | $1,712,000 | $2,132,000 |
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 |
|---|---|---|
| Sq. Ft. W/Dimensions | 16,940 | 0.389 |
Commercial Building Information
| Occupancy | Year Built | Building Area | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Office - General | 1895 | 11,200 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Addition: Office - General | 1895 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Addition: Office - General | 1895 | 5,546 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Addition: Office - General | 1895 | 54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sale Information
| Sale Date | Amount | Sales Condition Code | Recording |
|---|---|---|---|
| 06/26/2023 | $2,800,000 | 0 - Normal | 11521/71400 |
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Building Permit Information
| Date | Number | Comments | Reason |
|---|---|---|
| 09/24/2024 | CHNG-007945-2024 | CHNG |
| Remodel for spa, retail & salon - companion to bldc-007631-2024 | ||
| 09/12/2024 | BLDC-007631-2024 | ADDITION |
| CONSTRUCT 509 S.F. PER FLOOR -- 2,036 S.F. TOTAL ADDITION FOR NEW ELEVATOR/INTERIOR STAIRS-INTERIOR REMODEL 82,366 S.F. OF EXISTING COMMERCIAL BUILDING "GUARANTY BANK BUILDING" LOWER LEVEL: 3,769 S.F. CONVERT EXISTING OFFICES 6 SPA ROOMS 1ST FLOOR: 2,746 S.F. CONVERT CONVENIENCE STORE SPACE TO NEW CLOTHES RETAILER-NUTRI SMOOTHIE & CONVERT BANK LOBBY TO NEW HAIR SALON-NEW COMMON MENS & WOMENS RESTROOMS 2ND FLOOR: (14) 1-BEDROOM-(2) STUDIO--(2) 2 BEDROOMS APARTMENTS-NEW ELEVATOR/STAIRS 3RD FLOOR: (12) 1-BEDROOM-(1) 2 BEDROOM APARTMENTS-NEW ELEVATOR/STAIR - 4TH FLOOR: (12) 1-BEDROOM-(1) 2 BEDROOM APARTMENTS-NEW ELEVATOR/STAIR - 5TH FLOOR: (12) 1-BEDROOM-(1) 2 BEDROOM APARTMENTS-NEW ELEVATOR/STAIR - 6TH FLOOR: (12) 1-BEDROOM-(1) 2 BEDROOM APARTMENTS-NEW ELEVATOR/STAIR PLEASE CALL 286-5831 FOR FRAMING-FINAL INSPECTIONS | ||
| 09/12/2019 | WORK ORDER | |
| NEW PARCEL |
Parcel Notes
| Title | Note |
|---|---|
| BLDG 1: 3000 SF OF BSMT IS FINISHED OFFICE AREA OCCUPIED BY BANK. BALANCE OF BSMT IS ASSESSED AS UNF AND HAS MINIMAL USE. 1ST FLR IS OCCUPIED BY BANK AND (2)TENANTS. ASSESSED BLDG AS GENERAL OFFICE RATHER THAN
BANK DUE TO 1ST FLR ONLY HAVING PARTIAL BANK OCCUPANCY. ADDED ALL BANK EQUIPMENT EXTRA. (1)WALK-UP WINDOW AND (1)NIGHT DEPOSITORY. THE BANK USES THE MONEY VAULT AND (1)RECORD VAULT WITH THE OTHER RECORD VAULTS BEING USED BY OFFICE TENANTS ON UPPER FLRS. 2ND FLR IS OFFICE AREA OCCUPIED BY GUARANTY BANK AND APPROXIMATELY 25% OF THE AREA IS TENANT OFFICE AREA. (2)HIGH QUAL CONFERENCE ROOMS WERE PUT ON 2ND FLR IN 1998. 3RD-5TH FLRS ARE ALL TENANT 1998-AVE QUAL. FLRS 4 AND 5 HAVE NO CENTRAL AC-WINDOW ONLY. ALL FLRS HAVE HAD COSMETIC REMOD FROM 1997-2000.***ADDN 2: BSMT IS ALL UNF WITH MINIMAL STG USE. 1ST FLR IS 1/2 GUARANTY BANK OFFICES AND 1/2 RESTAURANT AREA OCCUPIED BY "CHINA WOK". 1200 SF UNF STG MEZZ OVER 1ST FLR BANK AREA. 2ND FLR IS GUARANTY BANK OFFICE AREA. BANK AREAS OF THIS ADDN WERE REMOD IN 1996(APPROX).***NUMBER OF SURV. CAMERAS ESTIMATED. LEASED AND OWNER OCCUPIED,MULTIPLE TENANTS.***LAND SF=16800.BLDG SF=78502.L TO B RATIO=0.21.****IBR 3/11/03 25% OF BLDG IS OPEN FOYER,THEREFORE, APPLIED 25% FUNCTIONAL OBSOL. OFFICE AREAS. 2000 SF OF 6TH FLR IS OPEN UNF UPPERS WITH STG USE ONLY. BALANCE OF 6TH FLR IS CURRENTLY UNOCCUPIED, BUT WAS GUTTED AND COMPLETELY REMOD IN 1-1-2002 URBAN REVITALIZATION (404) AMOUNT EXEMPT -$274,332 TAXABLE $1,604,622 1-1-2003 URBAN REVITALIZATION (404) AMOUNT EXEMPT -$213,762 TAXABLE $1,082,342 BOARD OF REVIEW PETITION # 920 REDUCE TO $ 1,200,096 ****1-1-2004: STARTING TO REMODEL SPACE FOR "CHINA WOK' - NO ADDED VALUE - SEE NEXT YEAR (2005) - SEL 1-2004 URBAN REVITALIZATION (404) AMOUNT EXEMPT (-$197,736) TAXABLE ($1,098,368) 1-2005: INTERIOR REMODELING COMPLETE - NAV - 02/07/05 SEL 1-2005 URBAN REVITALIZATION (404) AMOUNT EXEMPT (-$153,191) TAXABLE ($1,142,913) 1-2006 PORTION OF 1ST FLOOR OFFICES REMOVED - SEE FOR 7/06 - NO CHANGE - 01/20/06 SEL 1-2006 URBAN REVITALIZATION (404) AMOUNT EXEMPT (-$137,166) TAXABLE ($1,158,938) 1-2007 FIRST FLOOR PARTIALLY REMODELED AND PARTIALLY GUTTED - SEE NEXT YEAR FOR COMPLETION - NAV - 03/06/07 SEL 1-2007 URBAN REVITALIZATION (404) AMOUNT EXEMPT (-$48,077) . TAXABLE $1,248,027. 1-2008 INTERIOR REMODELING COMPLETE - CHANGED CONDITION FROM NORMAL (50%) TO ABOVE NORMAL (45%) FOR BLDG 1 AND ADDN 2 - 2-5-08 BJW 1-2008 URBAN REVITALIZATION (404) AMOUNT EXEMPT (-$48,305) . TAXABLE $1,268,117. 1-2009 FLOOD FORM COMPLETED AND RETURNED 1-2009 FLOOD ADJUSTED PROPERTY C-2010 FOR REPAIRS WITH TEMP LIGHTS/(BSMT) & 1ST FLOOR FINISH IN 20 X140 AREA AND 20 X20 AREA + 20 X 60 AREA+ HEAT ISSUES WITH BLDG 1-2009 URBAN REVITALIZATION (404) AMOUNT EXEMPT (-$46,274) . TAXABLE $1,068,447. 1-2009 FLOOD ECONOMIC ADJUSTMENT 1-2010 NO CHANGE IN FLOOD REPAIR - BW 3/16/2010 1-2013 COMMERCIAL FUNCTIONAL/ECONOMIC OBSOLESCENCE QUESTIONNAIRE RETURNED**** 1-2011 NAV FOR ROOF REPAIR, C4-2012 FOR REMODELING COMPLETION - ADJUSTED FLOOD ECONOMIC 2/11/2011 BW 1-2011 ROOD REPAIR - NAV - ADJUSTED FLOOD ECONOMIC 2/8/2011 BW 1-2010 URBAN REVITALIZATION (404) AMOUNT EXEMPT $12,191 TAXABLE $991,058 1-2010 INCREASED ECONOMIC ADJUSTMENT - 4/6/2010 JC 1-2011 FLOOD ECONOMIC ADJUSTED 2/8/2011 BW 1-2011 URBAN REVITALIZATION (404) AMOUNT EXEMPT $10,159. TAXABLE $1,141,633. 1-2012 ADJUSTED FLOOD ECONOMIC - REMODEL COMPLETE - NAV - 2/13/2012 BW 1-2012 URBAN REVITALIZATION (404) AMOUNT EXEMPT $8,127. TAXABLE $1,342,967. 1-2013 COMM REVAL - ADDITIONAL BATHROOMS TO RENTAL SPACES IN BUILDING COMPLETE NAV - ADDED BASEMENT FIN - CORRECTED OPEN UNFIN UPPER AMOUNT - CORRECTED HEATING AND PLUMBING INFO - BW 12/10/12 1-2013 URBAN REVITALIZATION (404) AMOUNT EXEMPT $8,127. TAXABLE $1,353,359. 1-2014 MINIMAL REMODELING - NAV - BW 1/29/2014 1-2014 URBAN REVITALIZATION (404) AMOUNT EXEMPT $6,095. TAXABLE $1,355,391. 1-2015 SPOKE WITH PROPERTY MANAGER - COPY SHOP IS NOW GONE - CONVENIENCE STORE NOW IN TWO BAYS - EMERGE HAIR SALON NOW IN PREVIOUS RESTAURANT SPACE - NAV - BW 1/9/2015 1-2015 URBAN REVITALIZATION (404) AMOUNT EXEMPT $6,100. TAXABLE $1,355,400. 1-2016 URBAN REVITALIZATION (404) AMOUNT EXEMPT $4,100. TAXABLE $1,357,400. 1-2017 URBAN REVITALIZATION (404) AMOUNT EXEMPT $29,900. TAXABLE $1,682,100. 1-2018 NO CHANGE TO VACANCY - BANK CLOSED DEC 2, 2017 - 1/18/18 TL 1-2018 URBAN REVITALIZATION EXPIRED. 1-2020 PARCELS 14214-62005-00000 14214-62007-00000 14214-62008-00000 14214-62012-00000 & 14214-62013-00000 DIVIDED INTO PARCELS 14214-62014-00000 14214-62015-00000 & 14214-62016-00000 FOR GUARANTY BANK 1ST BK 10427 PG 158. 9/5/19 SAM 1-2020 REVALUE LAND AFTER DIVISION. 9/24/19 JA 1-2021 DERECHO STORM DAMAGE REVIEW RESULTS: MINOR COSMNETIC DAMAGE, NO CHANGE IN VALUE. 12/8/20 JA 1-2021 NAV FOR COMMERCIAL LAND REVALUATION SEL 1-2023 OFFICE REVIEW - QUESTIONNAIRE NOT RETURNED. APPLIED VACANCY. CONFIRMED EXTERIOR LISTING. 2/1/23 JA 1-2023 BOARD OF REVIEW PETITON #1917 NO CHANGE 5/25/2023 DMK 1-2023 PAAB DOCKET #2023-101-00306C - ORDER GRANTING SETTLEMENT TO REDUCE VALUE FROM $1,990,600 TO $1,472,300. |
Tax Information
| Assessment Year | Taxes Payable | Assessed Value | Taxable Value | Gross Tax | Net Tax |
|---|---|---|---|---|---|
| 2023 | 2024-2025 | $1,472,300.00 | $1,290,637.00 | $52,834.00 | $52,834.00 |
| 2022 | 2023-2024 | $1,711,100.00 | $1,511,116.00 | $62,476.00 | $62,476.00 |
| More Years... | |||||
| 2021 | 2022-2023 | $1,711,100.00 | $1,539,990.00 | $63,170.02 | $61,430.00 |
| 2020 | 2021-2022 | $1,715,500.00 | $1,543,950.00 | $64,636.00 | $62,754.00 |
Sketch
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Sketch for PIN 14214-62014-00000
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Sketch for PIN 14214-62014-00000
