Taxes
- Assessed Value: $7,710,400
- Assessed Year: 2025
- Assessed County: Linn
- APN: 14032-76004-00000
- Assessed Land Value: 672000
- Market Land Value: 672000
- Tax Amount: 229942
- Tax Year: 2024
- Market Value: 7710400
- Market Year: 2025
1140 Park Pl; Cedar Rapids, IA Property Details
Off market
1140 Park Pl NE Cedar Rapids, IA 52402
$7,710,400 Estimated Value
21,209 SqFt
Property Type
HotelProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2009
- Purchase Price: $6,350,000
- Open Loans / Balance: 1 / $6,375,753
- APN: 14032-76004-00000
- Situs County: Linn
- Length Of Ownership: 9 months
Structure
- Stories: 4
- Building Condition: Fair
Measurements
- Total: 21,209/SqFt
- Lot: 108,028/SqFt
- Gross: 21,209/SqFt
- Living: 21,209/SqFt
- Building: 21,209/SqFt
- Ground: 39,987/SqFt
- Price Per Square Foot: $299.40
Legal Description
- Description: MILWAUKEE INDUSTRIAL PARK 4TH (LESS MILWAUKEE INDUSTRIAL PARK 6TH) STR/LB 9
Building Insights
Land Information
- Property Type: Hotel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Linn-Mar Community School District
- Lat / Lon: 42.03077 / -91.65184
- Subdivision: Milwaukee Industrial Park 4th
- Property Class: Commercial
- County Use Code: 704
Amenities
- Plus Four: 4882
Ownership Info
1140 Park Pl NE has no associated ownership info
1140 Park Pl NE has no associated ownership info.
Taxes
1140 Park Pl NE has 10 associated Taxes items
1140 Park Pl, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $7,710,400. The APN we've located for 1140 Park Pl is 14032-76004-00000.
Unlock the full reportTax History
1140 Park Pl NE has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $7,710,400 | Land Value $672,000 | Improvement Value $7,038,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $7,451,100 | Land Value $672,000 | Improvement Value $6,779,100 | Tax Amount $229,942 | Change Rate +0.052202% | Assessed CR | Tax Rate +0.03086% |
| Year 2023 | Assessed Value $7,074,500 | Land Value $672,000 | Improvement Value $6,402,500 | Tax Amount $218,534 | Change Rate -0.99% | Assessed CR | Tax Rate +0.03089% |
| Year 2022 | Assessed Value $5,836,800 | Land Value $672,000 | Improvement Value $5,164,800 | Tax Amount $21,853,400 | Change Rate +101.47015% | Assessed CR | Tax Rate +3.744072% |
| Year 2021 | Assessed Value $11,001,600 | Land Value $672,000 | Improvement Value $10,329,600 | Tax Amount $213,266 | Change Rate -0.01284% | Assessed CR | Tax Rate +0.019385% |
| Year 2020 | Assessed Value $10,911,000 | Land Value $672,000 | Improvement Value $10,239,000 | Tax Amount $216,040 | Change Rate +0.006438% | Assessed CR | Tax Rate +0.0198% |
| Year 2019 | Assessed Value $5,770,000 | Land Value $672,000 | Improvement Value $5,098,000 | Tax Amount $214,658 | Change Rate +0.033779% | Assessed CR | Tax Rate +0.037202% |
| Year 2018 | Assessed Value $5,770,000 | Land Value $672,000 | Improvement Value $5,098,000 | Tax Amount $207,644 | Change Rate | Assessed CR | Tax Rate +0.035987% |
| Year 2017 | Assessed Value $4,911,100 | Land Value $672,000 | Improvement Value $4,239,100 | Tax Amount $207,644 | Change Rate +0.168193% | Assessed CR | Tax Rate +0.042281% |
| Year 2016 | Assessed Value $4,911,100 | Land Value $672,000 | Improvement Value $4,239,100 | Tax Amount $177,748 | Change Rate -0.02736% | Assessed CR | Tax Rate +0.036193% |
| Year 2015 | Assessed Value $5,053,912 | Land Value $672,000 | Improvement Value $4,381,912 | Tax Amount $182,748 | Change Rate | Assessed CR | Tax Rate +0.03616% |
| Year 2014 | Assessed Value $5,053,912 | Land Value $672,000 | Improvement Value $4,381,912 | Tax Amount $182,748 | Change Rate -0.043565% | Assessed CR | Tax Rate +0.03616% |
| Year 2013 | Assessed Value $5,053,912 | Land Value $672,000 | Improvement Value $4,381,912 | Tax Amount $191,072 | Change Rate | Assessed CR | Tax Rate +0.037807% |