117 3rd Ave SE, Cedar Rapids, IA 52401 Property Records

Linn County property record for 117 3rd Ave SE, Cedar Rapids, IA 52401

Property Summary

Property TypeOffice Building
Details4,480 sqft · built 1890
Lot Size0.05 acres (2,178 sqft)
OwnerCompany Name on Record
Last Sale$1,078,500 (Jan 2017)
Deeds & MortgagesNov 2020 Line of Credit
Mar 2017 Line of Credit
+ 2 more
Flood ZoneZone AE (high risk)
APN14-28-1-31-011-0-0000

Property Details

APN / Parcel Number

Primary APN14-28-1-31-011-0-0000

Interior

Stories2 Stories
Building Area4,480 sqft Total Area
Upper Floors Area2,240 sqft
Basement Area2,240 sqft

Exterior

Year BuiltBuilt 1890
Lot Area2,178 sqft (0.05 acres)
Lot Dimensions20 ft deep x 20 ft wide

Location & Zoning

Street Address117 3RD AVE SE
CityCEDAR RAPIDS
StateIA
Zip52401-1403
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Legal DescriptionO T SW 20' LOT 9-EX S8' & SW 20' LOT 10 BLK 5
Legal Range07
Legal Township83
Legal Section28
Legal SubdivisionCITY/CEDAR RAPIDS
Legal Block5
Legal Lot Number10
JurisdictionLINN IA
Township / Civil DivisionCEDAR RAPIDS
Census Block Group3
Census Block3059
Census Tract1900

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Cedar Rapids Central Business District Commercial Historic District
listed 2015 · 47 contributing resources · NRIS 15000757

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Linn County records, as of October 20, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address119 3RD AVE SE, CEDAR RAPIDS, IA 52401-1403
OccupancyOwner Occupied
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Nov 5, 2020Deed of Trust, Mortgage · Line of Credit
FARMERS & MERCHANTS SVGS BK
Mar 15, 2017Deed of Trust, Mortgage · Line of Credit
US BK
Feb 14, 2017Warranty Deed, Transfer
ATTORNEY ONLY
Jan 3, 2017Warranty Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 3, 2017 · Amount on Record
Deed SaleJan 3, 2017 · Amount on Record
Deed Document Number0097380633
Deed Book / Page009738 / 000633
Last Transfer DateFeb 14, 2017
Transfer Doc0097670004
Record UpdatedJun 8, 2026

November 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address117 3RD AVE SE, CEDAR RAPIDS, IA 52401-1403
Document Number0108310244
Instrument DateNov 5, 2020
Transaction TypeMortgage
Record UpdatedDec 7, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address119 3RD AVE SE CEDAR RAPIDS IA 524011403, CEDAR RAPIDS, IA 52401-1403

Mortgage

Document Number0108310244
DateNov 10, 2020
Book Page010831/000244
Lender
NameFARMERS & MERCHANTS SVGS BK
TypeFederal Savings Bank
AddressCEDAR RAPIDS, IA 52404
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

March 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address117 3RD AVE SE, CEDAR RAPIDS, IA 52401-1403
Document Number0097970034
Book / Page009797 / 000034
Instrument DateMar 15, 2017
Transaction TypeMortgage
Record UpdatedApr 11, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address119 3RD AVE SE CEDAR RAPIDS IA 524011403, CEDAR RAPIDS, IA 52401-1403

Mortgage

Document Number0097970034
DateMar 30, 2017
Book Page009797/000034
Lender
NameUS BK
TypeBank
AddressOSHKOSH, WI 54901
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

February 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLINN IA
Recording DateFeb 14, 2017
Property Address117 3RD AVE SE, CEDAR RAPIDS, IA 52401-1403
Document Number0097670004
Book / Page009767 / 000004
Instrument DateFeb 13, 2017
Transaction TypeTransfer
Record UpdatedFeb 20, 2017
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address119 3RD AVE SE CEDAR RAPIDS IA 524011403, CEDAR RAPIDS, IA 52401-1403

January 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLINN IA
Recording DateJan 3, 2017
Property Address117 3RD AVE SE, CEDAR RAPIDS, IA 52401-1403
Document Number0097380633
Book / Page009738 / 000633
Instrument DateDec 22, 2016
Transaction TypeTransfer
Record UpdatedJan 6, 2017
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$1,724.80
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipAssociation
Address119 3RD AVE SE CEDAR RAPIDS IA 524011403, CEDAR RAPIDS, IA 52401-1403

Tax Assessment & Valuation

Source: Linn County assessment roll, as of May 1, 2025

Property Jurisdictions

TypeName
StateIowa
CountyLinn County
MunicipalityCedar Rapids City
Unified School DistrictCedar Rapids Community School District (PK - 12)

Tax Bill & Assessment History

YearAssessed ValueAssessed Market Value
2025$383,900 (+2.05%) Land $67,200 Building $316,700$383,900 (+2.05%) Land $67,200 Building $316,700
2023$376,200 Land $67,200 Building $309,000$376,200 Land $67,200 Building $309,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood ElevationVaries along the reach; see FIRM
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
median of 31 policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies31 in force
Nearby Flood Claims19 (2008–2016)
Claims Outside the SFHA15 of 19
Most Recent ClaimSep 2016 · Severe Storms And Flooding
Claims by Event
  • Severe Storms And Flooding, Sep 2016 · 15 claims
  • Severe Storms, Tornadoes, And Flooding, May 2013 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCEDAR RAPIDS WATER DEPARTMENT
serves 142,364 people · EPA ID IA5715093
Water SourceGroundwater influenced by surface water
Last State InspectionOct 2025
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 135 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000
CenturyLink
DSL · Fiber in parts of the area
140 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: ICS Advanced Technologies, ImOn Communications, T-Mobile, Verizon.

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