• Parcel Number:
    14282-54001-00000
  • DBA:
    KINGSTON QUARTERS
  • Deed Holder:
    SUCCESSION LC
  • Property Address:
    403 2ND AVE SW
    CEDAR RAPIDS, IA 52404-0000

  • Mailing Address:
    221 2ND AVE SE STE 400
    CEDAR RAPIDS, IA 52401-0000 USA
  • Location:
    Urban
  • Class:
    RES 3+ UNITS
  • Map Area:
    APARTMENT; CNTRL CR
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    2425
  • Legal Description:
    LEACH'S LOT 3-EX RD & ALL LOTS 4, 5, 6 & STR/LB 7 2
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$145,700 $2,603,000 $0 $2,748,700
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $145,700 $2,603,000 $0 $2,748,700
2022 $145,700 $2,603,000 $0 $2,748,700
2021 $145,700 $2,603,000 $0 $2,748,700
2020 $145,700 $2,083,200 $0 $2,228,900
2019 $116,500 $0 $0 $116,500
2018 $116,500 $0 $0 $116,500
2017 $116,500 $0 $0 $116,500
2016 $116,500 $0 $0 $116,500
2015 $116,500 $0 $0 $116,500
2014 $116,480 $0 $0 $116,480
2013 $116,480 $0 $70,642 $187,122
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0
2010 $0 $0 $0 $0
2009 $0 $0 $0 $0
2008 $0 $0 $0 $0
2007 $0 $0 $0 $0
2006 $0 $0 $0 $0
  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 x Rate 36,416 0.836
  Commercial Building Information
Occupancy Year Built Building Area
2019 8,880
Building 1 of 1
  • Year Built:2019
  • EFA:4
  • EFF Year:2019
  • Occupancy:Apartment
  • Label:2S B WD FR
  • Gross Building Area:21,312
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Basement Incl. w / Base 8,880
Ceiling Drywall 2 8,880
Electrical Incl. w / Base 2 8,880
Exterior Wall Vinyl - Frame 0 0
Floor Cover Vinyl Tile-Solid 2 0
Floor Cover Carpet 2 8,880
Framing Wood - Average 2 8,880
Fronts/Doors Incl. w / Base 0
Ftg & Fdtn Reinforced Concrete w/ Bsmt 8" 0
HVAC Combination FHA - AC 2 8,880
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 2 8,880
Roof Rubber Membrane/Wood 8,880
Sprinkler Exposed Wet 2 8,880
Struct. Floor 4" R'Concrete 2 8,880
Wall Facing Incl. w /Walls 0
Windows Incl. w / Base 2 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 12 Average
3-Fixture Bathroom 1 Base
Toilet Room 12 Average
Sink-Kitchen 12 Base
Adjustments
Description Quantity Range
Sprinkler - exposed wet 17,760 Average
Extra 1 of 2
  • Type: Decks,Patios,etc.
  • Description: WD DK
  • Type: Wood Deck
  • Pricing: Average
  • Width: 8.00
  • Length: 10.00
  • Quantity: 80
Extra 2 of 2
  • Type: Garage (Commercial)
  • Description: Garage
  • Type: Frame
  • Pricing: Average
  • Width: 0.00
  • Length: 0.00
  • Quantity: 5,328 Square Feet
  • # of Stalls: 12.00
2019 3,552
Addition 1 of 1
  • Year Built:2019
  • EFA:4
  • EFF Year:2019
  • Occupancy:Apartment
  • Label:1S WD FR
  • Gross Building Area:21,312
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 3,552
Electrical Incl. w / Base 1 3,552
Exterior Wall Vinyl - Frame 0 0
Floor Cover Vinyl Tile-Solid 1 0
Floor Cover Carpet 1 3,552
Framing Wood - Average 1 3,552
Fronts/Doors Incl. w / Base 0
HVAC Combination FHA - AC 1 3,552
Interior Wall Drywall or Equiv. 0 0
Partitions Apartment 1 3,552
Roof Rubber Membrane/Wood 3,552
Sprinkler Exposed Wet 1 3,552
Struct. Floor Wd Deck on Wood Joist 1 3,552
Wall Facing Incl. w /Walls 0
Windows Incl. w / Base 1 0
Adjustments
Description Quantity Range
Sprinkler - exposed wet 3,552 Average
Extra 1 of 1
  • Type: Decks,Patios,etc.
  • Description: WD DK
  • Type: Wood Deck
  • Pricing: Average
  • Width: 8.00
  • Length: 18.50
  • Quantity: 148
  Yard Extra Information
Description Item Count Year Built
1 2019
Details
  • Year Built:2019
  • EFA:4
  • EFF Year:2019
  • Description:Paving - Concrete
  • Condition:Normal
  • Paving Type:Concrete Parking
  • Price Method:Per Square Foot
  • Pricing:Low
  • Quantity:11,400 Square Feet
  • # of Spaces:0
  • Lighting:Average
  • Count:1
  • Plot Number:
  Sale Information
Sale Date Amount Sales Condition Code Recording
$0 38 - No consideration 11521/44460
Sales Detail
  • Buyer: SUCCESSION LC
  • Seller: PROGRESSION LC
  • Sale Date: 05/01/2023
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 38 - No consideration
  • Recording: 11521/44460
  • Additional Information: Click Here
$601,100 2 - Sale to/by Government/Exempt Organization 8771/411
Sales Detail
  • Buyer: PROGRESSION LC
  • Seller: CEDAR RAPIDS COMMUNITY SCHOOL DISTRICT
  • Sale Date: 03/25/2013
  • Sale Amount: $601,100
  • Sale Type: Deed
  • Sales Code: 2 - Sale to/by Government/Exempt Organization
  • Recording: 8771/411
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
07/22/2019 STOC-001101-2019 UNKNOWN
  353 2nd Ave SW. Close parking lane to allow Schrader to prepare new access drive and connect storm sewer. This closure will be on the 5th St side of the property. Graham Construction. rklima@grahamconstruction.com Start: 07/23/19 Traffic control by Bee Line.
05/02/2019 STOC-011863-2019 UNKNOWN
  353 2nd Ave SW. Reapplication for construction fence around work site for an additional 4 months. No changes to plan. Original permit 007711-2019 which is set to expire 05/09/19 Graham Construction. rklima@grahamconstruction.com Start: 05/10/19 End: 09/10/19
04/30/2019 STOC-011714-2019 UNKNOWN
  Alley behind 353 2nd Ave SW. Full closure of alley for installation of sanitary sewer for new apartment complex. Graham Construction. rkline@grahamconstruction.com Start: 04/30/19 Traffic control by Bee Line - waiting for bee line to provide.
04/16/2019 STOC-010941-2019 UNKNOWN
  353 2nd Ave SW. Closing 1 lane of 2nd Ave for two weeks
02/19/2019 MECR-008695-2019 BUILDING PERMIT
  CONSTRUCTION OF A NEW 12 UNIT TOWNHOUSE..... P/U: 680 S.F. MAIN FLOOR W/935 S.F. 2ND FLOOR (1,615 S.F.) W/ 2 STALL GARAGE-UNFINISHED BASEMENT-414 S.F. VENEER-136 S.F. OPEN DECK-136 S.F. FRONT COVERED ENTRY-NO FIREPLACE PLEASE CALL 286-5837 FOR FOOTING-FRAMING-FINAL INSPECTIONS
02/14/2019 ELER-008606-2019 BUILDING PERMIT
  CONSTRUCTION OF A NEW 12 UNIT TOWNHOUSE..... P/U: 680 S.F. MAIN FLOOR W/935 S.F. 2ND FLOOR (1,615 S.F.) W/ 2 STALL GARAGE-UNFINISHED BASEMENT-414 S.F. VENEER-136 S.F. OPEN DECK-136 S.F. FRONT COVERED ENTRY-NO FIREPLACE PLEASE CALL 286-5837 FOR FOOTING-FRAMING-FINAL INSPECTIONS
02/06/2019 PLMR-008452-2019 BUILDING PERMIT
  CONSTRUCTION OF A NEW 12 UNIT TOWNHOUSE..... P/U: 680 S.F. MAIN FLOOR W/935 S.F. 2ND FLOOR (1,615 S.F.) W/ 2 STALL GARAGE-UNFINISHED BASEMENT-414 S.F. VENEER-136 S.F. OPEN DECK-136 S.F. FRONT COVERED ENTRY-NO FIREPLACE PLEASE CALL 286-5837 FOR FOOTING-FRAMING-FINAL INSPECTIONS
01/07/2019 STOC-007711-2019 UNKNOWN
  353 2nd Ave SW. Temporary fence around construction site. See permit 002969-2018. Same contractor and plans. work never occurred last year so resubmitting. Graham Construction. robert klima rklima@grahamconstruction.com 640-8328 Start: 01/07/19 Traffic control not required.
01/02/2019 EC-007615-2019 COMMERCIAL
  2-story townhome building, 12 units Kingston Quarters
12/26/2018 BLDR-007465-2018 NEW MULTI FAMILY
  CONSTRUCTION OF A NEW 12 UNIT TOWNHOUSE..... P/U: 680 S.F. MAIN FLOOR W/935 S.F. 2ND FLOOR (1,615 S.F.) W/ 2 STALL GARAGE-UNFINISHED BASEMENT-414 S.F. VENEER-136 S.F. OPEN DECK-136 S.F. FRONT COVERED ENTRY-NO FIREPLACE PLEASE CALL 286-5837 FOR FOOTING-FRAMING-FINAL INSPECTIONS
08/29/2018 STOC-002969-2018 UNKNOWN
  353 2nd Ave SW. Install fencing around construction site. Fence will run parallel to alley, but be recessed 4' in from back of curb on all streets to allow parked vehicles to open their doors without obstruction. Graham Construction. 640-8328 rklima@grahamconstruction.com Start: 08/30/18 Traffic control not required. No lane closures.
01/09/2014 DEMO-016426-2014 DEMOLITION
  COMMERCIAL STRUCTURE MUST BE DEMOLISHED WITHIN 30 DAYS OF PERMIT ISSUE - PLEASE CALL 286-5837 FOR BACKFILL & FINAL INSPECTIONS
  Parcel Notes
Title Note
1-2013 CHANGED FROM NONTAXABLE TO COMMERCIAL AS PROPERTY WAS TRANSFERRED PRIOR TO JULY 1, 2013 - DATE OF INSTRUMENT 3/25/13 - RECORDED 8/16/13 - NOW PDF 14 - MAP AREA TO OFFICE; CENTRAL CORE - ESTIMATE MINIMAL VALUE FOR IMPROVEMENTS (NO VALUE ON A2 METAL ADDN) - LAND VALUE AS COMMERCIAL PROPERTY - C4-2014 - BW 8/26/2013

1-2014 IMPR'S REMOVED - BW 1/28/2014

1-2017 KINGSTON QUARTERS, 353 SECOND AVE. SW, BY PROGRESSION LC, A DIVISION OF ASPECT ARCHITECTURE ($750,000). A UNUSED GRAVEL PARKING LOT IS TO BE REDEVELOPED INTO A ROW OF 12, TWO-STORY MARKET-RATE TOWNHOMES. CONSTRUCTION IS SCHEDULED TO BEGIN THIS YEAR.

1-2020 PROPERTY ADDRESS 403 - 469 2ND AVE SW PER DAIVD HOUG 10/1/19 SAM

1-2020 CHANGE CLASS FROM COMM TO MULTI-RES 1/28/20 SAM

1-2020 REVALUED LAND AFTER CLASS CHANGE. ADD NEW COMPLETE APARTMENT BUILDING. EST'D INTERIOR OFF BLUEPRINT. 1/28/2020 AS

1-2020 ADJUSTED MAP FOR EQUITY WITH CENTRAL CORE PROPERTIES. 3/10/20 JA

1-2021 DERECHO- NO VISIBLE EXT DAMAGE. 11/12/20 NM

1-2021 NAV 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 BOARD OF REVIEW PETITION #1770 REDUCE FROM $3,267,900 TO $2,748,700. BOARD ADJUSTED TO PRIOR YEAR VALUE. 5/16/23 JA

  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $2,748,700.00 $1,273,824.00 $48,642.00 $48,642.00
2022 2023-2024 $2,748,700.00 $1,502,167.00 $57,974.00 $57,974.00
2021 2022-2023 $2,748,700.00 $1,752,297.00 $67,060.00 $67,060.00
2020 2021-2022 $2,228,900.00 $1,504,508.00 $58,848.00 $58,848.00
2019 2020-2021 $116,500.00 $104,850.00 $4,089.00 $2,502.00
2018 2019-2020 $116,500.00 $104,850.00 $3,972.00 $2,512.00
2017 2018-2019 $116,500.00 $104,850.00 $3,951.00 $2,442.00
2016 2017-2018 $116,500.00 $104,850.00 $4,010.00 $4,010.00
2015 2016-2017 $116,500.00 $104,850.00 $4,006.00 $4,006.00
2014 2015-2016 $116,480.00 $104,832.00 $4,002.00 $4,002.00
2013 2014-2015 $0.00 $0.00 $0.00 $0.00
  Sketch
  • Sketch for PIN 14282-54001-00000
    Sketch for PIN 14282-54001-00000
  • Sketch for PIN 14282-54001-00000
    Sketch for PIN 14282-54001-00000