• Parcel Number:
    19042-26008-00000
  • Computer ID:
    53892
  • DBA:
    500 GATEWAY PLACE OFFICES
  • Deed Holder:
    GRIMM RONALD L JR & TERRI A
  • Property Address:
    500 GATEWAY PL SW
    CEDAR RAPIDS, IA 52404-0000

  • Mailing Address:
    5100 SPENCER DR SW
    CEDAR RAPIDS, IA 52404-0000 USA
  • Location:
    Urban
  • Class:
    COMMERCIAL
  • Map Area:
    OFFICE
  • Tax District:
    20300 CR/COLLEGE SCH
  • Plat Map:
    2825
  • Legal Description:
    WAKE-O 1ST STR/LB 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
$64,100 $0 $24,500 $88,600
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $64,100 $0 $24,500 $88,600
2022 $64,100 $0 $27,700 $91,800
2021 $64,100 $0 $27,700 $91,800
2020 $59,500 $0 $28,500 $88,000
2019 $59,500 $0 $28,500 $88,000
2018 $59,500 $0 $28,500 $88,000
2017 $59,500 $0 $28,500 $88,000
2016 $59,500 $0 $25,200 $84,700
2015 $59,500 $0 $25,200 $84,700
2014 $59,503 $0 $24,245 $83,748
2013 $59,503 $0 $24,245 $83,748
2012 $59,396 $0 $33,992 $93,388
2011 $59,396 $0 $33,992 $93,388
2010 $59,386 $0 $59,303 $118,689
2009 $59,386 $0 $59,303 $118,689
2008 $59,386 $0 $59,303 $118,689
2007 $59,386 $0 $59,303 $118,689
2006 $59,386 $0 $59,303 $118,689
  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 18,302 0.420
Lump Sum 1,596 0.037
Total 19,898 0.457
  Commercial Building Information
Occupancy Year Built Building Area
1974 2,688
Building 1 of 1
  • Year Built:1974
  • EFA:49
  • EFF Year:1974
  • Occupancy:Office - General
  • Label:1S WD FR VINYL
  • Gross Building Area:2,688
  • Condition:Poor
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 2,688
Electrical Incl. w / Base 1 2,688
Exterior Wall Vinyl - Frame 8 0
Floor Cover Carpet 1 2,688
Framing Wood - Light 1 2,688
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Combination FHA - AC 1 2,688
Interior Wall Panel - Softwood 0 0
Partitions Panel 1 2,688
Roof Asph. Shingle/ Wood Dk 2,688
Struct. Floor Wd Joists no Sub-Flr 1 2,688
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
Toilet Room 3 Base
  Yard Extra Information
Description Item Count Year Built
1 1974
Details
  • Year Built:1974
  • EFA:49
  • EFF Year:1974
  • Description:Paving - Concrete
  • Condition:Below Normal
  • Paving Type:Concrete Parking
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:2,275 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:0
1 1978
Details
  • Year Built:1978
  • EFA:45
  • EFF Year:1978
  • Description:Paving - Concrete
  • Condition:Normal
  • Paving Type:Concrete Roads
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:1,596 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$40,000 14 - Exchange, trade, gift, transfer from Estate (Including 1031 Exchanges) 11522/25016
Sales Detail
  • Buyer: GRIMM RONALD L JR & TERRI A
  • Seller: HEATON WALTER F (THE ESTATE OF)
  • Sale Date: 11/15/2023
  • Sale Amount: $40,000
  • Sale Type: Deed
  • Sales Code: 14 - Exchange, trade, gift, transfer from Estate (Including 1031 Exchanges)
  • Recording: 11522/25016
  • Additional Information: Click Here
$0 049 - Unuseable Sale - Other 6795/114
Sales Detail
  • Buyer: HEATON WALTER F TRUST & BANKIOWA ET AL TRUSTEES
  • Seller: WELLS FARGO BANK ET AL TRUSTEES
  • Sale Date: 08/14/2007
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 049 - Unuseable Sale - Other
  • Recording: 6795/114
  • Additional Information: Click Here
$0 049 - Unuseable Sale - Other 4672-259
Sales Detail
  • Buyer: HEATON WALTER F TRUS WELLS FARGO BANK ET AL TRUSTEES
  • Seller: HEATON WALTER F
  • Sale Date: 12/31/2000
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 049 - Unuseable Sale - Other
  • Recording: 4672-259
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
07/06/2022 ELEC-006384-2022 PRIVATE
  REPLACE ELECTRICAL PANEL
12/08/2015 BLDC-047038-2015 ROOF
  RE-ROOF, PARTIAL TEAR OFF OF ROUGH SHINGLES - ONLY 1 LAYER ON CURRENTLY - NO NEW SHEATHING, ASPHALT SHINGLES ON A COMMERCIAL OFFICE BUILDING.
12/29/2004 10735 FURNACE
 
06/25/2003 7093 FURNACE
 
  Parcel Notes
Title Note
05/30/2002 OFFICE BLDG. BLDG IS 3 MOBILE OFFICES THAT WERE SET AN CONC FDN AND CONNECTED WHEN ROOFED. INT DATED TO 1970'S. INT IS BELOW AVG QUALITY AND CONDITION. EACH UNIT IS OCCUPIED BY 1 OR MORE TENANTS.

*****LEASED-MULTIPLE TENANTS. LAND SF=19894. BUILDING SF= 2688. L TO B RATIO=7.40.***IBR-ADD ECON.

1/6/04,7/15/05 MECH NAV

1-2011 BOARD OF REVIEW PETITION #0054 REDUCED TO $93,388. EMS

1-2013 COMMERCIAL FUNCTIONAL/ECONOMIC OBSOLESCENCE QUESTIONNAIRE RETURNED

1-2013 COMM REVAL - 08/08/12 TL

1-2017 BLDG PARTIALLY REROOFED (NAV). 8/22/16 JKB

1-2021 CHANGE OF LAND VALUE FOR COMMERCIAL LAND REVALUATION SEL

1-2023 OFFICE REVIEW- DATED ORIG FINISH W/ TRAINING AREA & BREAK ROOM, TOBACCO DAMAGE THROUGHOUT. UPDATED ROOF & SIDING. BLDG REMAINS IN P COND. CHANGED OBSO HVAC(20%) & STRUCTURE(20%), TO ARCH/DESGIN OBSO (40%) & LEFT LAYOUT OBSO- DUE TO WALL HEIGHT, HORSESHOE DESIGN AND LAYOUT OF OFFICE & BREAK ROOMS. INSPECTED 9/15/2022 AS

  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $88,600.00 $41,060.00 $1,678.00 $1,678.00
2022 2023-2024 $91,800.00 $50,169.00 $2,034.00 $2,034.00
2021 2022-2023 $91,800.00 $82,620.00 $3,318.09 $1,996.00
2020 2021-2022 $88,000.00 $79,200.00 $3,196.00 $2,004.00
2019 2020-2021 $88,000.00 $79,200.00 $3,187.00 $1,950.00
2018 2019-2020 $88,000.00 $79,200.00 $3,121.00 $1,974.00
2017 2018-2019 $88,000.00 $79,200.00 $3,107.00 $1,920.00
2016 2017-2018 $84,700.00 $76,230.00 $3,013.00 $1,906.00
2015 2016-2017 $84,700.00 $76,230.00 $2,965.00 $1,832.00
2014 2015-2016 $83,748.00 $75,374.00 $2,910.00 $1,802.00
2013 2014-2015 $83,748.00 $79,561.00 $2,990.00 $2,082.00
  Sketch
  • Sketch for PIN 19042-26008-00000
    Sketch for PIN 19042-26008-00000
  • Sketch for PIN 19042-26008-00000
    Sketch for PIN 19042-26008-00000