Taxes
- Assessed Value: $3,459,000
- Assessed Year: 2025
- Assessed County: Linn
- APN: 11282-51005-00000
- Assessed Land Value: 282100
- Market Land Value: 282100
- Tax Amount: 55626
- Tax Year: 2024
- Market Value: 3459000
- Market Year: 2025
500 Tower Terrace Rd; Cedar Rapids, IA Property Details
Off market
500 Tower Terrace Rd Cedar Rapids, IA 52411
$3,459,000 Estimated Value
6 Baths
29,260 SqFt
Property Type
WarehouseProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2006
- Purchase Price: $2,199,500
- APN: 11282-51005-00000
- Situs County: Linn
- Length Of Ownership: 15 years
Rooms
- Bathrooms: 6
- Full Bathrooms: 4
- Partial Bathrooms: 4
Structure
- Building Style: Steel
- Stories: 1
- Exterior Wall Type: Brick
- Roof Type: Gable
- Roof Cover Type: Metal
- Deck: true
Measurements
- Total: 29,260/SqFt
- Lot: 101,930/SqFt
- Gross: 29,260/SqFt
- Living: 29,260/SqFt
- Building: 29,260/SqFt
- Price Per Square Foot: $75.17
Legal Description
- Description: PHANTOM HOLDINGS 1ST LOT 1
Building Insights
Land Information
- Property Type: Warehouse
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Cedar Rapids Community School District
- Lat / Lon: 42.059563 / -91.67417
- Subdivision: Phantom Holdings 1st
- Property Class: Industrial
- County Use Code: MWSF
Amenities
- Plus Four: 7879
- Bathroom Fixtures: 12
- Cooling: Yes
- Heating: Forced air unit
Ownership Info
500 Tower Terrace Rd has no associated ownership info
500 Tower Terrace Rd has no associated ownership info.
Taxes
500 Tower Terrace Rd has 10 associated Taxes items
500 Tower Terrace Rd, 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 $3,459,000. The APN we've located for 500 Tower Terrace Rd is 11282-51005-00000.
Unlock the full reportTax History
500 Tower Terrace Rd 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 $3,459,000 | Land Value $282,100 | Improvement Value $3,176,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $2,189,300 | Land Value $282,100 | Improvement Value $1,907,200 | Tax Amount $55,626 | Change Rate +0.19037% | Assessed CR | Tax Rate +0.025408% |
| Year 2023 | Assessed Value $2,189,300 | Land Value $282,100 | Improvement Value $1,907,200 | Tax Amount $46,730 | Change Rate -0.99% | Assessed CR | Tax Rate +0.021345% |
| Year 2022 | Assessed Value $1,916,800 | Land Value $217,000 | Improvement Value $1,699,800 | Tax Amount $4,673,000 | Change Rate +93.1302% | Assessed CR | Tax Rate +2.437917% |
| Year 2021 | Assessed Value $1,916,800 | Land Value $217,000 | Improvement Value $1,699,800 | Tax Amount $49,644 | Change Rate -0.065331% | Assessed CR | Tax Rate +0.025899% |
| Year 2020 | Assessed Value $1,984,700 | Land Value $217,000 | Improvement Value $1,767,700 | Tax Amount $53,114 | Change Rate -0.00461% | Assessed CR | Tax Rate +0.026762% |
| Year 2019 | Assessed Value $1,918,300 | Land Value $217,000 | Improvement Value $1,701,300 | Tax Amount $53,360 | Change Rate +0.0649% | Assessed CR | Tax Rate +0.027816% |
| Year 2018 | Assessed Value $1,918,300 | Land Value $217,000 | Improvement Value $1,701,300 | Tax Amount $50,108 | Change Rate | Assessed CR | Tax Rate +0.026121% |
| Year 2017 | Assessed Value $1,358,400 | Land Value $217,000 | Improvement Value $1,141,400 | Tax Amount $50,108 | Change Rate +0.359776% | Assessed CR | Tax Rate +0.036888% |
| Year 2016 | Assessed Value $1,323,600 | Land Value $217,000 | Improvement Value $1,106,600 | Tax Amount $36,850.19 | Change Rate +0.071476% | Assessed CR | Tax Rate +0.027841% |
| Year 2015 | Assessed Value $1,323,600 | Land Value $217,000 | Improvement Value $1,106,600 | Tax Amount $34,392 | Change Rate -0.020896% | Assessed CR | Tax Rate +0.025984% |
| Year 2014 | Assessed Value $1,323,600 | Land Value $217,000 | Improvement Value $1,106,600 | Tax Amount $35,126 | Change Rate -0.08402% | Assessed CR | Tax Rate +0.026538% |
| Year 2013 | Assessed Value $1,323,600 | Land Value $217,000 | Improvement Value $1,106,600 | Tax Amount $38,348 | Change Rate | Assessed CR | Tax Rate +0.028972% |