• Parcel Number:
    14224-31012-00000
  • DBA:
    APARTMENT
  • Deed Holder:
    G G PROPERTIES LC
  • Contract Buyer:
    ARREOLA MATTHEW
  • Property Address:
    1612 5TH AVE SE
    CEDAR RAPIDS, IA 52403-0000

  • Mailing Address:
    5001 1ST AVE SE STE 105-323
    CEDAR RAPIDS, IA 52402-0000 USA
  • Location:
    Urban
  • Class:
    RES 3+ UNITS
  • Map Area:
    APARTMENT (6 UNITS OR LESS)
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    2322
  • Legal Description:
    IDLEWILD 2ND W 75' STR/LB 5 3
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$10,100 $145,600 $0 $155,700
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $10,100 $145,600 $0 $155,700
2022 $10,100 $127,800 $0 $137,900
2021 $10,100 $113,600 $0 $123,700
2020 $9,000 $105,400 $0 $114,400
2019 $9,000 $105,400 $0 $114,400
2018 $9,000 $101,000 $0 $110,000
2017 $9,000 $101,000 $0 $110,000
2016 $9,000 $83,200 $0 $92,200
2015 $9,000 $83,200 $0 $92,200
2014 $9,000 $0 $91,046 $100,046
2013 $9,000 $0 $91,046 $100,046
2012 $7,290 $0 $96,880 $104,170
2011 $7,290 $0 $96,880 $104,170
2010 $7,290 $0 $94,038 $101,328
2009 $7,290 $0 $94,038 $101,328
2008 $7,290 $0 $94,038 $101,328
2007 $7,290 $0 $94,038 $101,328
2006 $7,290 $0 $94,038 $101,328
  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 4,500 0.103
  Commercial Building Information
Occupancy Year Built Building Area
1912 2,086
Building 1 of 1
  • Year Built:1912
  • EFA:111
  • EFF Year:1912
  • Occupancy:Apartment
  • Label:2S B FR (MAIN) (B1)
  • Gross Building Area:4,244
  • Condition:Below Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Basement Incl. w / Base 2,086
Ceiling Incl. w/ Base 1 2,086
Electrical Apartment 1 2,086
Exterior Wall Stucco - Frm 0 0
Floor Cover Asphalt Tile 1 2,086
Floor Cover Carpet 1 0
Framing Wood - Average 1 2,086
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Brick or Stone 8" 0
HVAC Forced Hot Air 1 2,086
Interior Wall Plaster on Lath 0 0
Partitions Apartment 1 2,086
Roof Asph. Shingle/ Wood Dk 2,086
Struct. Floor Wd Joists w /Sub-Flr 1 2,086
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 4 Base
Sink-Kitchen 4 Base
Adjustments
Description Quantity Range
A/C - deduct 4,172 Average
Extra 1 of 3
  • Type: Decks,Patios,etc.
  • Description: Porch (Commercial)
  • Type: Wood Deck
  • Pricing: Average
  • Width: 0.00
  • Length: 0.00
  • Quantity: 48
Extra 2 of 3
  • Type: Decks,Patios,etc.
  • Description: Porch (Commercial)
  • Type: Porch (commercial)
  • Pricing: Low
  • Width: 0.00
  • Length: 0.00
  • Quantity: 50
Extra 3 of 3
  • Type: A Misc. Extra
  • Description: 2S FR EP
  • Quantity: 128.00
  • Units: Square Feet
  • Height: 0
1912 9
Addition 1 of 3
  • Year Built:1912
  • EFA:111
  • EFF Year:1912
  • Occupancy:Apartment
  • Label:2S FR (A1)
  • Gross Building Area:4,244
  • Condition:Below Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Basement Incl. w / Base 2,086
Ceiling Incl. w/ Base 1 2,086
Electrical Apartment 1 2,086
Exterior Wall Stucco - Frm 0 0
Floor Cover Carpet 1 0
Floor Cover Asphalt Tile 1 2,086
Framing Wood - Average 1 2,086
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Brick or Stone 8" 0
HVAC Forced Hot Air 1 2,086
Interior Wall Plaster on Lath 0 0
Partitions Apartment 1 2,086
Roof Asph. Shingle/ Wood Dk 2,086
Struct. Floor Wd Joists w /Sub-Flr 1 2,086
Windows Incl. w / Base 0 0
1912 9
Addition 2 of 3
  • Year Built:1912
  • EFA:111
  • EFF Year:1912
  • Occupancy:Apartment
  • Label:2S FR (A2)
  • Gross Building Area:4,244
  • Condition:Below Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Basement Incl. w / Base 2,086
Ceiling Incl. w/ Base 1 2,086
Electrical Apartment 1 2,086
Exterior Wall Stucco - Frm 0 0
Floor Cover Carpet 1 0
Floor Cover Asphalt Tile 1 2,086
Framing Wood - Average 1 2,086
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Brick or Stone 8" 0
HVAC Forced Hot Air 1 2,086
Interior Wall Plaster on Lath 0 0
Partitions Apartment 1 2,086
Roof Asph. Shingle/ Wood Dk 2,086
Struct. Floor Wd Joists w /Sub-Flr 1 2,086
Windows Incl. w / Base 0 0
1912 18
Addition 3 of 3
  • Year Built:1912
  • EFA:111
  • EFF Year:1912
  • Occupancy:Apartment
  • Label:2S FR (A3)
  • Gross Building Area:4,244
  • Condition:Below Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Basement Incl. w / Base 18
Ceiling Incl. w/ Base 1 18
Electrical Apartment 1 18
Exterior Wall Stucco - Frm 0 0
Floor Cover Asphalt Tile 1 18
Floor Cover Carpet 1 0
Framing Wood - Average 1 18
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Brick or Stone w/o Bsmt 8" 0
HVAC Forced Hot Air 1 18
Interior Wall Plaster with Lath 0 0
Partitions Apartment 1 18
Roof Asph. Shingle/ Wood Dk 18
Struct. Floor Wd Deck on Wood Joist 1 18
Windows Incl. w / Base 0 0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$2,950,000 50 - Other with explanation 11284/316
Sales Detail
  • Buyer: ARREOLA MATTHEW
  • Seller: G G PROPERTIES LC & G G PROPERTIES NO 2 L C
  • Sale Date: 02/09/2022
  • Sale Amount: $2,950,000
  • Sale Type: Contract
  • Sales Code: 50 - Other with explanation
  • Recording: 11284/316
  • Additional Information: Click Here
$0 38 - No consideration 3941/557
Sales Detail
  • Buyer: G G PROPERTIES NO 2 LC
  • Seller: GILBERT GARY D JR
  • Sale Date: 07/21/1999
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 38 - No consideration
  • Recording: 3941/557
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
12/17/2018 BLDC-007209-2018 ROOF
  TEAR OFF AND SHINGLE W/ASPHALT TO APARTMENT BLDG. - 60 SQS.
05/20/2002 MECH004610 AC
 
02/27/2002 MECH004117 FURNACE
 
  Parcel Notes
Title Note
(4) 2 BDRM APTS. 2 ON EACH FLR WITH FULL BATH AND KITCHEN. INT IS AVG QUALITY AND CONDITION. BSMT IS DRY WITH LAUNDRY AREA. 4 FHA FURNACES. NO A/C.4 GAS AND 4 ELECTRIC METERS.

LEASED-MULTIPLE TENANTS.*****LAND SF=4500. BUILDING SF=4244. L TO B RATIO=1.06.

1-2013 COMM REVAL - ADJUSTED GRADE, COND - 08/18/11 TL

1-2015 SF 295 CHANGE CLASS FROM COMM TO MULTI-RES 10-3-14 SAM

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

1-2017 REVAL 10% LOCATION OBSOL. OTHER OBSOL FOR MARKET & EQUITY. 2/6/17 JKB
1-2019 MULTI-RES REVIEW. INFO PER OWNER QUESTIONAIRE & EXTERIOR REVIEW. REMOVE LOCATION AND STRUCTURE ADJUSTMENT, APPLY 10% SIZE AND ADJUST CONDITION FROM POOR TO B NML FOR MARKET/EQUITY. 1/1/2019 JA
1-2020 REPLACED ROOF PER PERMIT (NAV). 7/18/2019 AS
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 $155,700.00 $72,156.00 $2,756.00 $2,756.00
2022 2023-2024 $137,900.00 $75,363.00 $2,908.00 $2,908.00
2021 2022-2023 $123,700.00 $78,859.00 $3,018.00 $3,018.00
2020 2021-2022 $114,400.00 $77,220.00 $3,020.00 $3,020.00
2019 2020-2021 $114,400.00 $81,511.00 $3,180.00 $3,180.00
2018 2019-2020 $110,000.00 $82,500.00 $3,124.00 $3,124.00
2017 2018-2019 $110,000.00 $86,626.00 $3,264.00 $3,264.00
2016 2017-2018 $92,200.00 $76,065.00 $2,910.00 $2,910.00
2015 2016-2017 $92,200.00 $79,523.00 $3,038.00 $3,038.00
2014 2015-2016 $100,046.00 $90,041.00 $3,438.00 $3,438.00
2013 2014-2015 $100,046.00 $95,044.00 $3,638.00 $3,638.00
  Sketch
  • Sketch for PIN 14224-31012-00000
    Sketch for PIN 14224-31012-00000
  • Sketch for PIN 14224-31012-00000
    Sketch for PIN 14224-31012-00000