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123 5th St; Cedar Rapids, IA Property Details

123 5th St, Cedar Rapids, IA is a Commercial Office that was built in 1903. This property is currently Financed and is not for sale. Our records show that 123 5th St has a total of 16,128 square feet. The lot size of 123 5th St is 8,407 square feet.

Off market
123 5th St SE Cedar Rapids, IA 52401
$3,200,000 Listing Price
16,128 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1903
  • Purchase Price: $854,500
  • Open Loans: 1
  • APN: 14214-57001-00000
  • Situs County: Linn
  • Length Of Ownership: 20 years, 3 months

Structure

  • Stories: 3
  • Building Condition: Excellent

Measurements

  • Total: 16,128/SqFt
  • Lot: 8,407/SqFt
  • Gross: 16,128/SqFt
  • Living: 8,064/SqFt
  • Basement: 8,064/SqFt
  • Building: 16,128/SqFt
  • Ground: 8,064/SqFt
  • Price Per Square Foot: $52.98

Legal Description

  • Description: O T STR/LB 6 32
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.979885 / -91.66493
  • Subdivision: City Of Cedar Rapids
  • Property Class: Office
  • County Use Code: 501

Amenities

  • Plus Four: 4700

Ownership Info

123 5th St SE has no associated ownership info
123 5th St SE has no associated ownership info.

Taxes

123 5th St SE has 10 associated Taxes items

123 5th St, 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 $1,685,700. The APN we've located for 123 5th St is 14214-57001-00000.

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Taxes
  • Assessed Value:  $1,685,700
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14214-57001-00000
  • Assessed Land Value:  100800
  • Market Land Value:  100800
  • Tax Amount:  58184
  • Tax Year:  2024
  • Market Value:  1685700
  • Market Year:  2025

Tax History

123 5th St SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,685,700 Land Value $100,800 Improvement Value $1,584,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $58,184 Change Rate -0.13445% Assessed CR Tax Rate
Year 2023 Assessed Value $1,652,000 Land Value $100,800 Improvement Value $1,551,200 Tax Amount $67,222 Change Rate -0.99% Assessed CR Tax Rate +0.040691%
Year 2022 Assessed Value $1,865,500 Land Value $100,800 Improvement Value $1,764,700 Tax Amount $6,722,200 Change Rate +99.25353% Assessed CR Tax Rate +3.603431%
Year 2021 Assessed Value $3,630,200 Land Value $100,800 Improvement Value $3,529,400 Tax Amount $67,052 Change Rate -0.00793% Assessed CR Tax Rate +0.018471%
Year 2020 Assessed Value $3,591,000 Land Value $100,800 Improvement Value $3,490,200 Tax Amount $67,588 Change Rate +0.001779% Assessed CR Tax Rate +0.018821%
Year 2019 Assessed Value $3,591,000 Land Value $100,800 Improvement Value $3,490,200 Tax Amount $67,468 Change Rate +0.036343% Assessed CR Tax Rate +0.018788%
Year 2018 Assessed Value $1,845,900 Land Value $100,800 Improvement Value $1,745,100 Tax Amount $65,102 Change Rate Assessed CR Tax Rate +0.035268%
Year 2017 Assessed Value $1,429,600 Land Value $100,800 Improvement Value $1,328,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,429,600 Land Value $100,800 Improvement Value $1,328,800 Tax Amount $52,703.25 Change Rate -0.013551% Assessed CR Tax Rate +0.036866%
Year 2015 Assessed Value $1,429,594 Land Value $100,800 Improvement Value $1,328,794 Tax Amount $53,427.22 Change Rate +0.046403% Assessed CR Tax Rate +0.037372%
Year 2014 Assessed Value $1,429,594 Land Value $100,800 Improvement Value $1,328,794 Tax Amount $51,058 Change Rate -0.073425% Assessed CR Tax Rate +0.035715%
Year 2013 Assessed Value $1,429,594 Land Value $100,800 Improvement Value $1,328,794 Tax Amount $55,104 Change Rate Assessed CR Tax Rate +0.038545%