• Parcel Number:
    14214-81007-00000
  • Computer ID:
    50977
  • DBA:
    WELLMARK/MORGAN STANLEY/CLIFTON LARSON ALLEN
  • Deed Holder:
    THE LUXE ON 3RD LLC
  • Property Address:
    600 3RD AVE SE
    CEDAR RAPIDS, IA 52401-0000

  • Mailing Address:
    1350 BOYSON RD UNIT C1
    HIAWATHA, IA 52233-0000 USA
  • Location:
    Urban
  • Class:
    COMMERCIAL
  • Map Area:
    OFFICE; CTRL CR
  • Tax District:
    20700 CR-SSMID
  • Plat Map:
    2324
  • Legal Description:
    OT LOTS 6 THRU STR/LB 10 48
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$504,000 $0 $3,396,000 $3,900,000
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $504,000 $0 $5,733,900 $6,237,900
2022 $504,000 $0 $3,403,200 $3,907,200
2021 $504,000 $0 $3,403,200 $3,907,200
2020 $504,000 $0 $4,328,400 $4,832,400
2019 $504,000 $0 $4,328,400 $4,832,400
2018 $504,000 $0 $4,328,400 $4,832,400
2017 $504,000 $0 $4,328,400 $4,832,400
2016 $504,000 $0 $4,328,400 $4,832,400
2015 $504,000 $0 $4,328,400 $4,832,400
2014 $504,000 $0 $4,678,693 $5,182,693
2013 $504,000 $0 $3,068,703 $3,572,703
2012 $287,280 $0 $0 $287,280
  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 42,000 0.964
  Commercial Building Information
Occupancy Year Built Building Area
2012 14,279
Building 1 of 1
  • Year Built:2012
  • EFA:11
  • EFF Year:2012
  • Occupancy:Office - General
  • Label:BLDG #1
  • Gross Building Area:42,837
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Electrical Office Buildings (General) 1 14,279
Exterior Wall EIFS - Metal Stud 0 0
Exterior Wall Metal/ Frame (=>100' Wide) 0 0
Framing Steel - Average 1 14,279
Fronts/Doors Good Cost Front Average 0
Ftg & Fdtn Reinforced Concrete w/o Bsmt 8" 0
HVAC Combination FHA - AC 1 14,279
Interior Wall Drywall or Equiv. 0 0
Partitions Office Buildings 1 14,279
Roof 4-Ply Compo/ Mtl Deck 14,279
Struct. Floor 6" R'Concrete 1 14,279
Windows Comm. Steel Sash 0 0
Adjustments
Description Quantity Range
Sprinkler - concealed wet 42,837 Average
Interior - No Finish 6,664 Average
Extra 1 of 1
  • Type: Elevator - Pass. Electric
  • Description: Elevator - Pass. Electric
  • Speed: 150 Feet/Minute
  • # of Stops: 3
  • Elevator Type: Geared
  • Capacity: 4,000 Lbs
  Yard Extra Information
Description Item Count Year Built
1 2012
Details
  • Year Built:2012
  • EFA:11
  • EFF Year:2012
  • Description:Paving - Concrete
  • Condition:Normal
  • Paving Type:Concrete Parking
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:18,500 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:
  Sale Information
Sale Date Amount Sales Condition Code Recording
$2,266,000 24 - Auction sales 11522/46677
Sales Detail
  • Buyer: THE LUXE ON 3RD LLC
  • Seller: WFRBS 2013-C18 THIRD AVENUE SE LLC
  • Sale Date: 01/12/2024
  • Sale Amount: $2,266,000
  • Sale Type: Deed
  • Sales Code: 24 - Auction sales
  • Recording: 11522/46677
  • Additional Information: Click Here
$0 50 - Other with explanation 11522/43971
Sales Detail
  • Buyer: WFRBS 2013-C18 THIRD AVENUE SE LLC
  • Seller: ASPECT INC
  • Sale Date: 12/29/2023
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 11522/43971
  • Additional Information: Click Here
$11,130,000 50 - Other with explanation 10686/93
Sales Detail
  • Buyer: WFRBS 2013-C18 THIRD AVENUE SE LLC
  • Seller: SECOND SUCCESSION LLC
  • Sale Date: 06/04/2020
  • Sale Amount: $11,130,000
  • Sale Type: Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 10686/93
  • Additional Information: Click Here
$0 7 - Corporate merger or reorganization 8870/671
Sales Detail
  • Buyer: SECOND PROGRESSION LLC
  • Seller: PROGRESSION LC
  • Sale Date: 12/02/2013
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 7 - Corporate merger or reorganization
  • Recording: 8870/671
  • Additional Information: Click Here
$0 2 - Sale to/by Government/Exempt Organization 8135/570
Sales Detail
  • Buyer: PROGRESSION LLC
  • Seller: PEOPLES CHURCH
  • Sale Date: 08/04/2011
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 2 - Sale to/by Government/Exempt Organization
  • Recording: 8135/570
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
11/01/2019 ELEC-006578-2019 BUILDING PERMIT
  INTERIOR DEMO & REMODEL ~625 S.F. OF EXISTING COMMERCIAL BUILDING --- DEMO EXISTING OFFICE SPACE TO CREATE LARGER CONFERENCE ROOM PLEASE CALL 286-5831 FOR FRAMING-FINAL INSPECTIONS SEE ATTACHED
09/30/2019 BLDC-004777-2019 REMODEL/ALTERATION
  INTERIOR DEMO & REMODEL ~625 S.F. OF EXISTING COMMERCIAL BUILDING --- DEMO EXISTING OFFICE SPACE TO CREATE LARGER CONFERENCE ROOM PLEASE CALL 286-5831 FOR FRAMING-FINAL INSPECTIONS SEE ATTACHED
05/03/2013 SIGN-005662-2013 OFF PREMISE (B)
 
01/29/2013 FIRE-002677-2013 SPRINKLER SYSTEM
  FIRE SPRINKLER SYSTEM, EMS 1/30/13
01/29/2013 FIRE-002682-2013 ALARM SYSTEM
  FIRE ALARM, EMS 1/30/13
01/14/2013 ELEC-002324-2013 ELECTRIC ONLY
  INTERIOR REMODEL OF EXISTING COMMERCIAL BUILDING 6300 S.F. FOR OFFICE SPACE "MORGAN STANLEY" - PLEASE CALL 286-5837 FOR FRAMING- FINAL INSPECTIONS, EMS 1/15/13
01/03/2013 MECC-002094-2013 MECHANICAL ONLY
  INTERIOR REMODEL OF EXISTING COMMERCIAL BUILDING 6300 S.F. FOR OFFICE SPACE "MORGAN STANLEY" - PLEASE CALL 286-5837 FOR FRAMING- FINAL INSPECTIONS, EMS 1/4/13
10/26/2012 BLDG083031CR REMODEL
  INTERIOR REMODEL OF EXISTING COMMERCIAL BUILDING 6300 S.F. FOR OFFICE SPACE "MORGAN STANLEY" - PLEASE CALL 286-5837 FOR FRAMING- FINAL INSPECTIONS
10/22/2012 SIGN009290CR INSTALLATION
  Surface area: 47" x 241" Area: 78 S.F. Weight: 150 LBS Thickness: 2 1/4" Ht above grade: 40' Overall ht from grade: 45' Projection: Message: WELLMARK
10/22/2012 SIGN009291CR INSTALLATION
  Surface area: 47" x 241" Area: 78 S.F. Weight: 150 LBS Thickness: 2 1/4" Ht above grade: 40' Overall ht from grade: 45' Projection: Message: WELLMARK
10/12/2012 SIGN009279CR INSTALLATION
  Surface area: 47" x 241" Area: 78 S.F. Weight: 150 LBS Thickness: 2 1/4" Ht above grade: 40' Overall ht from grade: 45' Projection: Message: WELLMARK
07/17/2012 ELEC032874CR REMODEL
  REMODEL 2ND FLOOR FOR WELLMARK BLDG078721
07/09/2012 STRT001209CR UNKNOWN
  OCCUPY 6TH ST SE BETWEEN 2ND AVE/3RD AVE SE WITH CRAME - BLOCKING ENTIRE STREET FROM 10 AM TO 2 PM ON 7-10-12 - REMAINDER OF TIME THE CRANE WILL BE SET UP IN THE ALLEY ONLY
07/02/2012 ELEC032774CR NEW
  SHELL ONLY BLDG077103
06/22/2012 MECH029696CR REMODEL
  BLDG #78721
05/29/2012 ELEC032575CR NEW
  CONSULTATION FEE
05/10/2012 PLBG025622CR REMODEL
  BLDG PERMIT #78721
05/08/2012 STRT001191CR UNKNOWN
  CLOSE 2 NORTHBOUND LANES ON 6TH ST BETWEEN 2ND AND 3RD AVE NE ON 5/9/12.
03/13/2012 BLDG078721CR REMODEL
  INTERIOR REMODEL OF 2ND FLOOR FOR STE 200 ~ 12,676 S.F. "WELLMARK BLUE CROSS BLUE SHIELD" (OFFICE SPACE) - PLEASE CALL 286-5837 FOR FRAMING-FINAL INSPECTIONS
02/24/2012 BLDG078546CR REMODEL
  INTERIOR REMODEL OF EXISTING COMMERCIAL BUILDING 6,143 S.F. FOR STE 100 (FINANCIAL ADVISOR) - PLEASE CALL 286-5837 FOR FRAMING-FINAL INSPECTIONS
02/24/2012 BLDG078545CR REMODEL
  INTERIOR REMODEL OF EXISTING COMMERCIAL BUILDING 10,622 S.F. FOR STE 300 (ACCOUNTANT) "CLIFTON GUNDERSON" - PLEASE CALL 286-5837 FOR FRAMING-FINAL INSPECTIONS
02/15/2012 BLDG078477CR ADDITION
  CONSTRUCT A 14,318 S.F. 3RD STORY ADDITION TO EXISTING COMMERCIAL BUILDING EXTERIOR SHELL ONLY - PLEASE CALL 286-5837 FOR FRAMING-FINAL INSPECTIONS **WILL NEED ADDITIONAL PERMIT FOR INTERIOR FINISH**
01/03/2012 ELEC031777CR NEW
  2 TEMP ELEC SERVICES - BOTH OH
12/19/2011 PLBG024990CR NEW
 
12/16/2011 UNKNWN1 WORK ORDER
  CLASS CHANGE
10/19/2011 STRT001139CR UNKNOWN
  OCCUPY PARKING LANE WITH CRANE ON 3RD AVE FROM 10-19-11 THRU 10-28-11
10/14/2011 BLDG077103CR NEW
  CONSTRUCT NEW EXTERIOR SHELL ONLY 2-STORY COMMERCIAL BLDG, 14,318 SF. CALL 286-5831 FOR FOOTING, FRAMING & FINAL INSPECTIONS.
09/21/2011 WREK002745CR DEMOLITION
  STRUCTURE MUST BE DEMOLISHED WITHIN 30 DAYS OF PERMIT ISSUE. PLEASE CALL 286-5831 FOR BACKFILL & FINAL INSPECTIONS.
10/10/2009 PLBG019957CR REPAIR
 
10/01/2009 MECH023337CR REPAIR
  FLOOD RELATED - LOSS OF STEAM
08/10/2009 ELEC026438CR REPAIR
  FLOOD: SERVICE REPAIR ON 7-08-08
06/05/2007 BLDG049076CR REMODEL
  "Fire fee of $9 included". INSTALL ELECTRONIC KEYLESS SECURITY LATCH ON EXTERIOR DOOR ON WEST ENTRANCE AND PANIC BAR ON SOUTH SIDE ENTRANCE DOOR. PLAN ATTACHED. PLEASE CALL 286-5837 FOR FINAL INSPECTION.
  Parcel Notes
Title Note
1-2013 PARCELS 14214-81001-00000 & 14214-81006-00000 COMBINED TO MAKE PARCEL 14214-81007-00000 12/12/12 SAM

1-2013 COMM REVAL: REVALUED LAND AFTER COMBINATION - OFFICE BUILDING ADDED - 2ND & 3RD FLOORS OCCUPIED 1/1/13 - 1ST FLR UNFINISHED/UNOCCUPIED - BW 1/16/13

1-2014 BUILDING APPEARS TO BE 100% OCCUPIED - CHANGED FROM 4 TO 3 GRADE - CORRECTED ELEVATOR INFO - BW 2/13/2014

1-2016 INSPECTED BUILDING - 6664 SQ FT FIRST FLOOR UNFINISHED - BOARD OF REVIEW CORRECTED FOR 2015 AND THE OFFICE CORRECTED FOR 2016 - BW 2/11/2016

2016 BOARD OF REVIEW PETITION #159 NO CHANGE

2017 BOARD OF REVIEW PETITION #459 REDUCE TO $4,832,400 5/30/17 TL

1-2020 PER PLAN CREATE TRAINING RM BY REMOVING PARTITIONS AND COMBINING 3 EXISTING SPACES. DECREASE SIZE OF CONFERENCE RM, NO CHANGE IN SF OF FINISH - NAV. 12/18/19 JA

1-2021 NAV FOR COMMERCIAL LAND REVALUATION SEL

1-2021 BOARD OF REVIEW PETITION #0315 REDUCE FROM $4,832,400 TO $4,183,140. APPLY 15% DERECHO ADJUSTEMNT TO EXISTING BOR IMPROVEMENT VALUE FOR STORM DAMAGE (5% WINDOWS,10% FLR COVER AND INTERIOR FINISH). 5/19/2021 JA

1-2021 PAAB DOCKET #2021-1001-00275C - SETTLEMENT AGREEMENT TO REDUCE VALUE FROM $4,183,100 TO $3,907,200. 6/24/2022 JC

1-2023 OFFICE REVIEW - QUESTIONNAIRE NOT RETURNED. BUILDING HAS NO VACANCY. 1ST FLR: MORGAN STANLEY OCCUPIES FINISHED AREA. BALANCE OF THIS FLR IS 6,664 SF OF UNFINISHED SHELL SPACE NEVER BUILT OUT. 2ND FLR: WELLMARK, NO ACCESS IS OCCUPIED 3 DAYS A WEEK PER BUILDING OCCUPANT. 3RD FLR: CLIFTON GUNDERSON, ALL DERECHO REPAIRS COMPLETE IN UNIT. REMOVE 15% DERECHO ADJUSTMENT. 11/1/22 JA

1-2023 BOARD OF REVIEW PETITON #1992 NO CHANGE 5/25/2023 DMK

1-2023 PAAB DOCKET #2023-101-00216C

1-2024 BOARD OF REVIEW PETITION #0127 REDUCE FROM $6,237,900 TO $3,900,000. 5/9/24 JA

  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $6,237,900.00 $5,548,624.00 $227,140.00 $227,140.00
2022 2023-2024 $3,907,200.00 $3,463,455.00 $143,194.00 $143,194.00
2021 2022-2023 $3,907,200.00 $3,516,480.00 $144,246.83 $141,200.00
2020 2021-2022 $4,832,400.00 $4,349,160.00 $182,074.00 $178,774.00
2019 2020-2021 $4,832,400.00 $4,349,160.00 $181,613.00 $178,406.00
2018 2019-2020 $4,832,400.00 $4,349,160.00 $176,661.00 $173,278.00
2017 2018-2019 $4,832,400.00 $4,349,160.00 $175,850.00 $172,490.00
2016 2017-2018 $4,832,400.00 $4,349,160.00 $178,300.00 $174,690.00
2015 2016-2017 $4,832,400.00 $4,349,160.00 $178,153.00 $174,550.00
2014 2015-2016 $5,182,693.00 $4,664,424.00 $190,911.00 $188,332.00
2013 2014-2015 $3,572,703.00 $3,394,068.00 $139,249.00 $138,258.00
  Sketch
  • Sketch for PIN 14214-81007-00000
    Sketch for PIN 14214-81007-00000
  • Sketch for PIN 14214-81007-00000
    Sketch for PIN 14214-81007-00000