• Parcel Number:
    14091-01025-00000
  • DBA:
    THE POINTE BLDGS 3900 & 3920
  • Deed Holder:
    CUNAT EXCHANGE V THE POINTE DST
  • Property Address:
    3900 SHERMAN ST NE
    CEDAR RAPIDS, IA 52402-0000

  • Mailing Address:
    5400 WEST ELM STREET SUITE 110
    MC HENRY, IL 60050-0000 USA
  • Location:
    Urban
  • Class:
    RES 3+ UNITS
  • Map Area:
    APARTMENT
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    1824
  • Legal Description:
    LOTS 6 & 7 IRR SUR NE NE 9-83-7
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$216,900 $1,970,000 $0 $2,186,900
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $216,900 $1,970,000 $0 $2,186,900
2022 $216,900 $1,932,300 $0 $2,149,200
2021 $216,900 $1,932,300 $0 $2,149,200
2020 $154,200 $1,459,800 $0 $1,614,000
2019 $154,200 $1,459,800 $0 $1,614,000
2018 $154,200 $1,484,700 $0 $1,638,900
2017 $154,200 $1,484,700 $0 $1,638,900
2016 $154,200 $1,415,900 $0 $1,570,100
2015 $154,200 $1,415,900 $0 $1,570,100
2014 $154,240 $0 $1,550,390 $1,704,630
2013 $154,240 $0 $1,550,390 $1,704,630
2012 $104,112 $0 $1,102,499 $1,206,611
2011 $104,112 $0 $1,102,499 $1,206,611
2010 $104,112 $0 $1,071,210 $1,175,322
2009 $104,112 $0 $1,071,210 $1,175,322
2008 $104,112 $0 $1,071,210 $1,175,322
  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 83,984 1.928
  Commercial Building Information
Occupancy Year Built Building Area
1965 8,613
Building 1 of 2
  • Year Built:1965
  • EFA:58
  • EFF Year:1965
  • Occupancy:Apartment
  • Label:2S WD FR BRK VEN B1
  • Gross Building Area:17,226
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 8,613
Electrical Apartment 1 8,613
Exterior Wall Brick Veneer 17 0
Floor Cover Vinyl Tile 1 0
Floor Cover Carpet 1 8,613
Framing Wood - Average 1 8,613
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Combination FHA - AC 1 8,613
Interior Wall Drywall or Equiv. 0 0
Partitions Drywall 1 8,613
Roof Asph. Shingle/ Wood Dk 8,613
Struct. Floor Wd Joists no Sub-Flr 1 0
Struct. Floor R'Concrete 1 8,613
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 21 Base
Toilet Room 1 Average
Sink-Kitchen 21 Base
Extra 1 of 1
  • Type: Decks,Patios,etc.
  • Description: Porch (Commercial)
  • Type: Porch (commercial)
  • Pricing: Average
  • Width: 0.00
  • Length: 0.00
  • Quantity: 1,712
1965 8,613
Building 2 of 2
  • Year Built:1965
  • EFA:58
  • EFF Year:1965
  • Occupancy:Apartment
  • Label:2S WD FR BRK VEN B2
  • Gross Building Area:17,226
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Ceiling Drywall 1 8,613
Electrical Apartment 1 8,613
Exterior Wall Brick Veneer 17 0
Floor Cover Vinyl Tile 1 0
Floor Cover Carpet 1 8,613
Framing Wood - Average 1 8,613
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Combination FHA - AC 1 8,613
Interior Wall Drywall or Equiv. 0 0
Partitions Drywall 1 8,613
Roof Asph. Shingle/ Wood Dk 8,613
Struct. Floor Wd Joists no Sub-Flr 1 0
Struct. Floor R'Concrete 1 8,613
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
3-Fixture Bathroom 21 Base
Sink-Kitchen 21 Base
Extra 1 of 1
  • Type: Decks,Patios,etc.
  • Description: Porch (Commercial)
  • Type: Porch (commercial)
  • Pricing: Average
  • Width: 0.00
  • Length: 0.00
  • Quantity: 1,712
  Yard Extra Information
Description Item Count Year Built
1 1977
Details
  • Year Built:1977
  • EFA:46
  • EFF Year:1977
  • Description:Garage (Commercial)
  • Condition:Normal
  • Type:Frame
  • Pricing:Average
  • Width:0.00
  • Length:0.00
  • Quantity:4,620 Square Feet
  • # of Stalls:0.00
  • Count:1
  • Plot Number:0
1 1996
Details
  • Year Built:1996
  • EFA:27
  • EFF Year:1996
  • Description:Garage (Commercial)
  • Condition:Normal
  • Type:Frame
  • Pricing:Average
  • Width:0.00
  • Length:0.00
  • Quantity:1,080 Square Feet
  • # of Stalls:0.00
  • Count:1
  • Plot Number:0
1 2007
Details
  • Year Built:2007
  • EFA:16
  • EFF Year:2007
  • Description:Paving - Asphalt
  • Condition:Normal
  • Paving Type:Asphalt Paving w/Curbs
  • Price Method:Per Square Foot
  • Pricing:Low
  • Quantity:15,900 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:0
1 1965
Details
  • Year Built:1965
  • EFA:58
  • EFF Year:1965
  • Description:Paving - Asphalt
  • Condition:Normal
  • Paving Type:Asphalt Parking
  • Price Method:Per Square Foot
  • Pricing:Average
  • Quantity:6,300 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:0
1 1977
Details
  • Year Built:1977
  • EFA:46
  • EFF Year:1977
  • Description:Paving - Concrete
  • Condition:Normal
  • Paving Type:Concrete Parking
  • Price Method:Per Square Foot
  • Pricing:Low
  • Quantity:4,400 Square Feet
  • # of Spaces:0
  • Lighting:None
  • Count:1
  • Plot Number:Y-3
  Sale Information
Sale Date Amount Sales Condition Code Recording
$0 50 - Other with explanation 11327/137
Sales Detail
  • Buyer: CUNAT EXCHANGE V THE POINTE DST
  • Seller: BRIAN G CUNAT LLC ET AL
  • Sale Date: 03/25/2022
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 11327/137
  • Additional Information: Click Here
$0 50 - Other with explanation 11315/576
Sales Detail
  • Buyer: BRIAN G CUNAT LLC ET AL
  • Seller: THE POINTE AT CEDAR RAPIDS LLC
  • Sale Date: 03/10/2022
  • Sale Amount: $0
  • Sale Type: Quit Claim Deed
  • Sales Code: 50 - Other with explanation
  • Recording: 11315/576
  • Additional Information: Click Here
$0 007 - Corporate Merger or Reorganization 6757/36
Sales Detail
  • Buyer: POINTE AT CEDAR RAPIDS EAST LLC ET AL
  • Seller: POINTE AT CEDAR RAPIDS EAST LLC
  • Sale Date: 08/16/2007
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 007 - Corporate Merger or Reorganization
  • Recording: 6757/36
  • Additional Information: Click Here
$0 007 - Corporate Merger or Reorganization 6757/36
Sales Detail
  • Buyer: POINTE AT CEDAR RAPIDS EAST LLC ET AL
  • Seller: POINTE AT CEDAR RAPIDS EAST LLC
  • Sale Date: 08/01/2007
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 007 - Corporate Merger or Reorganization
  • Recording: 6757/36
  • Additional Information: Click Here
$1,060,000 043 - Multiple Parcels - One Parcel As Normal w/ All Parcels Listed 6144/90
Sales Detail
  • Buyer: THE POINTE AT CEDAR RAPIDS EAST LLC
  • Seller: RCP GROUP LLC
  • Sale Date: 09/29/2005
  • Sale Amount: $1,060,000
  • Sale Type: Deed
  • Sales Code: 043 - Multiple Parcels - One Parcel As Normal w/ All Parcels Listed
  • Recording: 6144/90
  • Additional Information: Click Here
$1,060,000 000 - Normal Arms-Length Transaction 6144/90
Sales Detail
  • Buyer: THE POINTE AT CEDAR RAPIDS EAST LLC
  • Seller: RCP GROUP LLC
  • Sale Date: 09/29/2005
  • Sale Amount: $1,060,000
  • Sale Type: Deed
  • Sales Code: 000 - Normal Arms-Length Transaction
  • Recording: 6144/90
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
09/28/2023 BLDC-008482-2023 REPAIR
  TEAR OFF & REPLACE ASPHALT SHINGLES ON MAINTENANCE BUILDING
09/25/2019 BLDC-004563-2019 ADDITION
  REMOVE EXISTING EXTERIOR CONCRETE STEPS TO COMMERCIAL BUILDING AND WELD IN STRAIGHT ANGLE/THREAD STEPS PLEASE CALL 286-5831 FOR FINAL INSPECTION
09/25/2019 BLDC-004560-2019 ADDITION
  REMOVE EXISTING EXTERIOR CONCRETE STEPS TO COMMERCIAL BUILDING AND WELD IN STRAIGHT ANGLE/THREAD STEPS PLEASE CALL 286-5831 FOR FINAL INSPECTION
12/20/2013 PLMC-016042-2013 PLUMBING ONLY
  FIRE REPAIRS IN APT. #22. INTERIOR REMODEL: REPLACING ALL SHEETROCK AND INSULATION. BATHROOM FIXTURES WILL BE REPLACED. ELECTRICAL - ONE WALL IN THE KITCHEN WILL BE REWIRED. KITCHEN WINDOW WILL BE REPLACED WITH A SAME SIZE/SAME TYPE WINDOW. NO EXTERIOR WORK. PLEASE CALL 286-5837 FOR FRAMING AND FINAL INSPECTIONS.
12/13/2013 ELEC-015845-2013 FIRE REPAIR
  FIRE REPAIRS IN APT. #22. INTERIOR REMODEL: REPLACING ALL SHEETROCK AND INSULATION. BATHROOM FIXTURES WILL BE REPLACED. ELECTRICAL - ONE WALL IN THE KITCHEN WILL BE REWIRED. KITCHEN WINDOW WILL BE REPLACED WITH A SAME SIZE/SAME TYPE WINDOW. NO EXTERIOR WORK. PLEASE CALL 286-5837 FOR FRAMING AND FINAL INSPECTIONS.
12/13/2013 ELEC-015846-2013 ELECTRIC ONLY
  fine for doing work w/out permit
11/30/2012 DEMO-001246-2012 DEMOLITION
  DEMOLISH (100 X 20')ACCESSORY STRUCTURE GARAGE B - 12/10/12 MJC
11/30/2012 DEMO-001245-2012 DEMOLITION
  DEMOLISH ACCESSORY STRUCTURE GARAGE A - 12/17/12 MJC
11/13/2012 BLDR-000435-2012 ROOF
  TEAR OFF AND SHINGLE WITH ASPHALT 945 SQS) & APPLICATION OF VINYL SIDING TO ATTACHED GARAGE. - 12/6/12 MJC
08/14/2008 MECH019649CR 2008 FLOOD
  UPDATE ELEC IN LAUNDRY AREA
06/03/2008 MECH018323CR FURNACE/AC
 
02/04/2008 UNKNWN1 WORK ORDER
  COMBINATION
11/16/2007 UNKNWN2 WORK ORDER
  EXTERIOR REMOD NO PERMIT
08/23/2007 BLDG050686CR REPAIR
  REPLACE EXISTING WINDOWS (84) - SAME SIZE AND STYLE AND EXISTING DOORS (42) - SAME SIZE AND STYLE.
08/02/2007 ELEC020128CR REMODEL
  CIRCUIT EACH BLDG (LIGHT) OUTSIDE
07/28/2006 14404 FURNACE
 
  Parcel Notes
Title Note
LEASED-MULTIPLE TENANTS. LAND SF= BUILDING SF=34452. L TO B RATIO=. APARTMENT AREA=32956 SF(96%). COMMON AREA=1496 SF(4%). 22200 SF PAVING/40 UNITS=555 SF PER UNIT. ***

(20)-2 BDRM APTS PER BLDG. 40-TOTAL APTS. FUNC OBSOL %% FOR BRK EXTERIOR.

1-2008 COMBINED PARCELS 14091-01009-00000 & 14091-01010-00000 TO CREATE THIS PARCEL (02-04-08) WK

1-2008 ADJUST DEPR TO ELIMINATE SV BY 2005 BOR. REVALUE AFTER BOR ADJUSTMENT. ADD NEW GABLE ROOF & REPLACE ALL WINDOWS. NEW ASPH PAVING WITH C&G - COMPLETE - 11/16/07 JMR ***

1-2009 NO FLOOD DAMAGE 12/2/08 BW

1-2009 BLDG PERMITS FOR UPDATING ELECTRICAL SERVICE IN LAUNDRY AREA & MECH PERMIT FOR FURNACE/AC - NAV - 12/3/08 BW

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

1-2014 FIRE REPAIRS TO UNIT #22 - NAV - 02/10/14 TL

1-2015 SF 295 CHANGE CLASS FROM COMM TO MULTI RES 9/30/14 SAM

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

1-2017 14091-01008-00000, 14091-01025-00000,COMPRISE 1 UNIT FOR UNIT COUNT - 10/18/16 TL

1-2017 REVAL. 5% STRUCTURE FOR BRICK CONST. 2/3/17 JKB

2017 BOARD OF REVIEW PETITION #0102 NO CHANGE 5/26/2017 MC

1-2019 MULTI-RES REVIEW, NO RESPONSE FROM OWNER QUESTIONNAIRE. INFO FROM EXTERIOR REVIEW. REMOVE 5% STRUCTURE ADJUSTMENT. 1/1/2019 JA

1-2019 INFORMAL APPEAL RESULTS IN CHANGE IN VALUE FROM $1,713,900 TO $1,614,000. INSPECTED 4/18/19 WITH PROPERTY MANAGER. ADJUST CONDITION FROM A NML TO NML. 4/24/19 JA

1-2020 BOR PETITION #0145 NO CHANGE 6/9/2020 DC

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

1-2021 BOARD OF REVIEW PETITION #0091 NO CHANGE 5/12/21 SAM

1-2022 - CHANGED CLASS FROM MULTI-RES TO RESIDENTIAL 3+ UNITS PER HOUSE FILE 418 (NO RECON REQUIRED). 6/17/21 SAM

1-2023 INFORMAL APPEAL RESULTS IN NO VALUE CHANGE. TOTAL UNITS FROM 40 TO 42 (40 - 2 BDRM UNITS, 2 - 1 BDRM UNITS) - NAV. PRIOR UPDATED WINDOWS, RAILING & STAIRS. MOSTLY ORIGINAL INTERIOR EXCEPT FLOORING & CTOPS. WELL MAINTAINED. 04/21/2023 NM

1-2023 BOARD OF REVIEW PETITION #1866 NO CHANGE 5/16/23 DMK

1-2023 DISTRICT COURT DOCKET #CVCV102449

1-2024 TEAR OFF & REPLACE ASPHALT SHINGLES ON MAINTENANCE BUILDING - NAV. 10/04/2023 NM

1-2024 BOARD OF REVIEW PETITION #0040 NO CHANGE 5/7/2024

1-2024 DISTRICT COURT DOCKET #CVCV104937
  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $2,186,900.00 $1,013,471.00 $38,700.00 $38,700.00
2022 2023-2024 $2,149,200.00 $1,174,540.00 $45,330.00 $45,330.00
2021 2022-2023 $2,149,200.00 $1,370,115.00 $52,434.00 $52,434.00
2020 2021-2022 $1,614,000.00 $1,089,450.00 $42,612.00 $42,612.00
2019 2020-2021 $1,614,000.00 $1,149,976.00 $44,858.00 $44,858.00
2018 2019-2020 $1,638,900.00 $1,229,175.00 $46,548.00 $46,548.00
2017 2018-2019 $1,638,900.00 $1,290,634.00 $48,634.00 $48,634.00
2016 2017-2018 $1,570,100.00 $1,295,333.00 $49,542.00 $49,542.00
2015 2016-2017 $1,570,100.00 $1,354,212.00 $51,748.00 $51,748.00
2014 2015-2016 $1,704,630.00 $1,534,167.00 $58,574.00 $58,574.00
2013 2014-2015 $1,704,630.00 $1,619,399.00 $61,986.00 $61,986.00
  Sketch
  • Sketch for PIN 14091-01025-00000
    Sketch for PIN 14091-01025-00000
  • Sketch for PIN 14091-01025-00000
    Sketch for PIN 14091-01025-00000
  • Sketch for PIN 14091-01025-00000
    Sketch for PIN 14091-01025-00000
  • Sketch for PIN 14091-01025-00000
    Sketch for PIN 14091-01025-00000
  • Sketch for PIN 14091-01025-00000
    Sketch for PIN 14091-01025-00000
  • Sketch for PIN 14091-01025-00000
    Sketch for PIN 14091-01025-00000