Taxes
- Assessed Value: $9,499,200
- Assessed Year: 2025
- Assessed County: Linn
- APN: 14281-35007-00000
- Assessed Land Value: 848000
- Market Land Value: 848000
- Tax Amount: 348782
- Tax Year: 2024
- Market Value: 9499200
- Market Year: 2025
151 5th Ave; Cedar Rapids, IA Property Details
Off market
500 1st St SE Cedar Rapids, IA 52401
$9,499,200 Estimated Value
64,665 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1983
- APN: 14281-35007-00000
- Situs County: Linn
Structure
- Stories: 2
- Building Condition: Very Good
Measurements
- Total: 64,665/SqFt
- Lot: 97,574/SqFt
- Gross: 64,665/SqFt
- Living: 64,665/SqFt
- Building: 64,665/SqFt
- Ground: 143,390/SqFt
Legal Description
- Description: OT LOTS 1 THRU 10 BLK 7 & VAC ALLEY THEREIN & P.O.S. #1646 PARCEL A & P.O.S. #1647 PARCEL A & P.O.S. #1648 PARCEL A & P.O.S. #1836 PARCEL A
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Cedar Rapids Community School District
- Lat / Lon: 41.974655 / -91.6652
- Property Class: Office
- County Use Code: 501
Amenities
- Plus Four: 2002
Ownership Info
500 1st St SE has no associated ownership info
500 1st St SE has no associated ownership info.
Taxes
500 1st St SE has 10 associated Taxes items
151 5th Ave, 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 $9,499,200. The APN we've located for 151 5th Ave is 14281-35007-00000.
Unlock the full reportTax History
500 1st St SE has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $9,499,200 | Land Value $848,000 | Improvement Value $8,651,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $348,782 | Change Rate -0.010705% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $9,539,600 | Land Value $848,000 | Improvement Value $8,691,600 | Tax Amount $352,556 | Change Rate -0.99% | Assessed CR | Tax Rate +0.036957% |
| Year 2022 | Assessed Value $9,533,800 | Land Value $848,000 | Improvement Value $8,685,800 | Tax Amount $35,255,600 | Change Rate +100.04092% | Assessed CR | Tax Rate +3.697959% |
| Year 2021 | Assessed Value $18,219,600 | Land Value $848,000 | Improvement Value $17,371,600 | Tax Amount $348,924 | Change Rate -0.018001% | Assessed CR | Tax Rate +0.019151% |
| Year 2020 | Assessed Value $18,188,200 | Land Value $848,000 | Improvement Value $17,340,200 | Tax Amount $355,320 | Change Rate +0.002296% | Assessed CR | Tax Rate +0.019536% |
| Year 2019 | Assessed Value $9,518,100 | Land Value $848,000 | Improvement Value $8,670,100 | Tax Amount $354,506 | Change Rate +0.033545% | Assessed CR | Tax Rate +0.037245% |
| Year 2018 | Assessed Value $9,518,100 | Land Value $848,000 | Improvement Value $8,670,100 | Tax Amount $343,000 | Change Rate | Assessed CR | Tax Rate +0.036037% |
| Year 2017 | Assessed Value $7,574,300 | Land Value $848,000 | Improvement Value $6,726,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $7,574,300 | Land Value $848,000 | Improvement Value $6,726,300 | Tax Amount $279,236.59 | Change Rate -0.021071% | Assessed CR | Tax Rate +0.036866% |
| Year 2015 | Assessed Value $7,743,672 | Land Value $848,000 | Improvement Value $6,895,672 | Tax Amount $285,247.12 | Change Rate +0.009124% | Assessed CR | Tax Rate +0.036836% |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $282,668 | Change Rate | Assessed CR | Tax Rate |