• Parcel Number:
    14272-77009-00000
  • DBA:
    OAK PARK VILLAGE
  • Deed Holder:
    OPV LLC
  • Property Address:
    1430 15TH ST SE
    CEDAR RAPIDS, IA 52403-0000

  • Mailing Address:
    % LUMENT REAL ESTATE CAPITAL ATTN: TAX
    2001 ROSS AVE STE 1900
    DALLAS , TX 75201-2997 USA
  • Location:
    Urban
  • Class:
    RES 3+ UNITS
  • Map Area:
    APARTMENT
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    2423
  • Legal Description:
    OAK PARK VILLAGE 1ST STR/LB 1 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
$80,300 $540,200 $0 $620,500
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $80,300 $540,200 $0 $620,500
2022 $80,300 $393,100 $0 $473,400
2021 $80,300 $393,100 $0 $473,400
2020 $64,300 $297,500 $0 $361,800
2019 $64,300 $297,500 $0 $361,800
2018 $71,400 $288,900 $0 $360,300
2017 $71,400 $288,900 $0 $360,300
2016 $71,400 $263,100 $0 $334,500
2015 $71,400 $263,100 $0 $334,500
2014 $71,400 $0 $287,572 $358,972
2013 $71,400 $0 $287,572 $358,972
2012 $64,260 $0 $262,726 $326,986
2011 $64,260 $0 $262,726 $326,986
2010 $64,260 $0 $255,085 $319,345
2009 $64,260 $0 $255,085 $319,345
2008 $64,260 $0 $255,085 $319,345
2007 $64,260 $0 $255,085 $319,345
2006 $64,260 $0 $238,140 $302,400
  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 51,836 1.190
  Commercial Building Information
Occupancy Year Built Building Area
1982 2,528
Building 1 of 2
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:2S WD FR COMP BRK VEN (B1
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 2,528
Electrical Apartment 1 2,528
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 2,528
Floor Cover Vinyl Sheet 1 0
Framing Wood - Average 1 2,528
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Central AC 1 0
HVAC Forced Hot Air 1 2,528
Interior Wall Drywall or Equiv. 0 0
Partitions Drywall 1 2,528
Roof Asph. Shingle/ Wood Dk 2,528
Struct. Floor Wd Joists w /Sub-Flr 1 2,528
Struct. Floor R'Concrete 1 0
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 6 Base
Sink-Kitchen 6 Base
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 5,056 Average
Concrete patio 80 Average
Concrete patio 64 Average
Concrete patio 64 Average
Concrete patio 64 Average
Concrete patio 64 Average
Concrete patio 80 Average
1982 36
Addition 1 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A1)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
1982 36
Addition 2 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A2)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
1982 36
Addition 3 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A3)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
1982 36
Addition 4 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A4)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
1982 2,528
Building 2 of 2
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:2S WD FR COMP BRK VEN (B2
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 2,528
Electrical Apartment 1 2,528
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 2,528
Floor Cover Vinyl Sheet 1 0
Framing Wood - Average 1 2,528
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Central AC 1 0
HVAC Forced Hot Air 1 2,528
Interior Wall Drywall or Equiv. 0 0
Partitions Drywall 1 2,528
Roof Asph. Shingle/ Wood Dk 2,528
Struct. Floor R'Concrete 1 0
Struct. Floor Wd Joists w /Sub-Flr 1 2,528
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 6 Base
Sink-Kitchen 6 Base
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 5,056 Average
Concrete patio 80 Average
Concrete patio 64 Average
Concrete patio 64 Average
Concrete patio 64 Average
Concrete patio 64 Average
Concrete patio 80 Average
1982 36
Addition 1 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A1)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
1982 36
Addition 2 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A2)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
1982 36
Addition 3 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A3)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
1982 36
Addition 4 of 4
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Occupancy:Apartment
  • Label:1S FR OH (A4)
  • Gross Building Area:5,200
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 36
Electrical Apartment 1 36
Exterior Wall Vinyl - Frame 0 0
Floor Cover Carpet 1 36
Framing Wood - Average 1 36
HVAC Forced Hot Air 1 36
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 36
Roof Asph. Shingle/ Wood Dk 36
Struct. Floor Wd Joists w /Sub-Flr 1 36
Windows Incl. w / Base 0 0
Adjustments
Description Quantity Range
Apt - A/C deduct wall units 36 Average
  Yard Extra Information
Description Item Count Year Built
2 1982
Details
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Description:Fencing - Wood
  • Condition:Normal
  • Height:4
  • Fence Pricing:Low
  • Quantity:50 Lineal Feet
  • Gate Pricing:Average
  • Gates:0 Lineal Feet
  • Count:2
  • Plot Number:0
2 1982
Details
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Description:Paving - Asphalt
  • Condition:Below Normal
  • Paving Type:Asphalt Parking
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:5,150 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:2
  • Plot Number:0
6 1982
Details
  • Year Built:1982
  • EFA:41
  • EFF Year:1982
  • Description:Shed
  • Condition:Normal
  • Type:Frame Shed
  • Pricing:Average
  • Width:0.00
  • Length:0.00
  • Area:32 Square Feet
  • Count:6
  • Plot Number:0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$4,200,000 50 - Other with explanation 11373/414
Sales Detail
  • Buyer: OPV LLC
  • Seller: OAK PARK VILLAGE LLC
  • Sale Date: 04/25/2022
  • Sale Amount: $4,200,000
  • Sale Type: Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 11373/414
  • Additional Information: Click Here
$1,200,000 50 - Other with explanation 10062/217
Sales Detail
  • Buyer: OAK PARK VILLAGE LLC
  • Seller: OAK PARK ASSOCIATES
  • Sale Date: 03/22/2018
  • Sale Amount: $1,200,000
  • Sale Type: Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 10062/217
  • Additional Information: Click Here
$0 049 - Unuseable Sale - Other 1829/146
Sales Detail
  • Buyer:
  • Seller:
  • Sale Date: 12/30/1899
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 049 - Unuseable Sale - Other
  • Recording: 1829/146
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
06/11/2020 BLDC-006084-2020 SFD
  TEAR OFF & REPLACE ASPHALT SHINGLES TO COMMERCIAL BLDG (STRUCTURE 2)
12/10/2018 MECC-007020-2018 MECHANICAL ONLY
  REPLACE FURNACE
12/28/2006 VINYL SIDING WORK ORDER
 
06/15/2005 37681 ROOF
 
03/03/2004 8783 FURNACE
 
02/20/2004 28965 FIRE REPAIR
 
  Parcel Notes
Title Note
05/06/2002 8 BLDG. APT COMPLEX ON 3 PARCELS. ADJOINING PARCELS ARE 14272-76001- 00000 AND 14272-80005-00000. THIS PARCEL HAS 2-6 APT. BLDG'S. EACH HAS 2 3-BR AND 4 2-BR APTS. ALL BR'S AND FULL BATH ARE ON 2ND FL. 1ST FL=KIT,DINING,LAUNDRY, AND LIVING AREAS. INT IS AVG QUALITY AND CONDITION. NO RECENT UPDATES. AVG MAINTENANCE. ******LEASED-MULTIPLE TENANTS. LAND SF=51826.4 SF. BUILDING SF=10112. L TO B RATIO=5.13. APARTMENT AREA=10112 SF(100%) NO COMMON AREAS. ***

10300 SF PAVING/12 UNITS=858 SF/UNIT. 24 PARKING SPACES/12 UNITS= 2 PARKING SPACES PER UNIT. ***

2003 BOARD OF REVIEW PETITION #1503 NO CHANGE.*****2003 FALL BOARD OF REVIEW PETITION #75 - NO CHANGE*******

10/21/04 REPAIR FIRE DAMAGE TO UNIT 1431 COMPLETED. NAV JMR ***

PER DISTRICT COURT DECREE CVCV046791 - REDUCE 1-2003 AND 1-2004 ASSESSED VALUE TO $302,400

2005 BOARD OF REVIEW PETITION #1137 NO CHANGE ***

1-2006 REROOF B1 & B2- NAV - 9/6/05 JMR ***

1-2007 ADJUST DEPR TO ELIMINATE SV BY 2003 & 2004 COURT DECREE. VINYL SIDING TO B1 & B2 - COMPLETE - 8/23/06 JMR ***

2007 BOARD OF REVIEW PETITION # 901 NO CHANGE

1-2013 COMM REVAL - ADJUSTED GRADE, COND, PAVING - 08/22/11 TL

1-2015 SF 295 CHANGE CLASS FROM COMM TO MULTI - RES 10/7/14 SAM

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

1-2017 REVAL OTHER OBSOL FOR MARKET & EQUITY. 2/6/17 JKB

1-2019 MULTI-RES REVIEW. INFO PER OWNER QUESTIONAIRE & EXTERIOR REVIEW. REMOVE STRUCTURE ADJUSTMENTS. 1/1/2019 JA

1-2019 INFORMAL APPEAL RESULTS IN CHANGE IN VALUE FROM $400,300 TO $361,800. APPLIED 10% ECONOMIC TO LAND, 5% LAYOUT FOR BATHROOMS ON 2ND FLR, 5% FOR SIZE AND $10% ECONOMIC FOR LOCATION. 4/18/19 JA

1-2020 REPLACED FURNACE PER PERMIT (NAV). 9/5/2019 AS

1-2021 PERMIT- REPLACE ROOF ON BLDG2. NAV 09/29/2020 NM

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

1-2023 RMVD 5% LAYOUT OBSOL DUE TO MARKET/EQUITY. 03/06/2023 NM
  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $620,500.00 $287,557.00 $10,980.00 $10,980.00
2022 2023-2024 $473,400.00 $258,714.00 $9,984.00 $9,984.00
2021 2022-2023 $473,400.00 $301,792.00 $11,550.00 $11,550.00
2020 2021-2022 $361,800.00 $244,216.00 $9,552.00 $9,552.00
2019 2020-2021 $361,800.00 $257,783.00 $10,056.00 $10,056.00
2018 2019-2020 $360,300.00 $270,225.00 $10,234.00 $10,402.10
2017 2018-2019 $360,300.00 $283,737.00 $10,692.00 $10,692.00
2016 2017-2018 $334,500.00 $275,963.00 $10,554.00 $10,554.00
2015 2016-2017 $334,500.00 $288,507.00 $11,024.00 $11,024.00
2014 2015-2016 $358,972.00 $323,075.00 $12,334.00 $12,334.00
2013 2014-2015 $358,972.00 $341,023.00 $13,054.00 $13,054.00
  Sketch
  • Sketch for PIN 14272-77009-00000
    Sketch for PIN 14272-77009-00000
  • Sketch for PIN 14272-77009-00000
    Sketch for PIN 14272-77009-00000
  • Sketch for PIN 14272-77009-00000
    Sketch for PIN 14272-77009-00000
  • Sketch for PIN 14272-77009-00000
    Sketch for PIN 14272-77009-00000
  • Sketch for PIN 14272-77009-00000
    Sketch for PIN 14272-77009-00000
  • Sketch for PIN 14272-77009-00000
    Sketch for PIN 14272-77009-00000