1202 3rd St SE, Cedar Rapids, IA 52401 Property Records

Linn County property record for 1202 3rd St SE, Cedar Rapids, IA 52401

Property Summary

Property TypeRestaurant
Details14,035 sqft · built 1908
Lot Size0.579 acres (25,221 sqft)
OwnerCompany Name on Record
Last Sale$3,307,500 (Apr 2022)
Tax Bill$31,576 (2025)
Deeds & MortgagesOct 2019 Mortgage
Flood ZoneZone AE (high risk)
APN14284-01001-00000

Property Details

APN / Parcel Number

Primary APN14284-01001-00000

Interior

Stories3 Stories
Building Area14,035 sqft Gross Area
1st Floor Area13,135 sqft
Upper Floors Area6,709 sqft
Basement Area6,500 sqft

Exterior

Year BuiltBuilt 1908
Effective Year BuiltEffective 1908
Lot Area25,221 sqft (0.579 acres)
Lot Dimensions140 ft deep x 140 ft wide
Total Buildings4 Buildings

Location & Zoning

Street Address1202 3RD AVE SE
CityCEDAR RAPIDS
StateIA
Zip52403
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Legal DescriptionJ C MAYS LOTS 1, 2 & 3 BLK 39 & HULLS 1ST LOTS 1, 2 & 3 BLK 39 STR/LB
Legal Range7W
Legal Township83N
Legal Section27
Legal SubdivisionJ C MAY
Legal Block39
Legal Lot Number1,2,3
JurisdictionLINN IA
Township / Civil DivisionCEDAR RAPIDS
Census Block Group1
Census Block1021
Census Tract2700

Historic Designation

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

Historic DistrictWithin the Bohemian Commercial Historic District
listed 2002 · 48 contributing resources · NRIS 02001539

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 5, 2026

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 Address2003 BEVER AVE SE, CEDAR RAPIDS, IA 52403-2716
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 4, 2022 · Amount on Record
Deed SaleApr 4, 2022 · Amount on Record
Prior SaleMay 7, 2015 · Amount on Record
Deed Book / Page11322 / 422
Record UpdatedOct 29, 2026

October 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address1202 3RD ST SE, CEDAR RAPIDS, IA 52401-2320
Document Number0104870410
Instrument DateOct 24, 2019
Transaction TypeMortgage
Record UpdatedDec 16, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1950 BOYSON RD HIAWATHA IA 522332318, HIAWATHA, IA 52233-2318

Mortgage

Document Number0104870410
DateOct 24, 2019
Book Page010487/000410
Lender
NameGREENSTATE CU
Address2355 LANDON RD, NORTH LIBERTY, IA 52317-6508
Agreement
AmountAmount Recorded
Term360 Months
DueOct 23, 2049

Tax Assessment & Valuation

Source: Linn County assessment roll, as of October 5, 2026

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,113,800 (-) Land $115,800 Building $998,000$1,113,800 (-) Land $115,800 Building $998,000
2025$31,576.00 (+1.83%)$1,113,800 (+0.89%) Land $115,800 Building $998,000$1,113,800 (+0.89%) Land $115,800 Building $998,000
2024$31,008.00 (+67.48%)
2023$1,104,000 Land $115,800 Building $988,200$1,104,000 Land $115,800 Building $988,200
2022$18,514.00

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 14 policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies14 in force
Nearby Flood Claims27 (1999–2016)
Most Recent ClaimSep 2016 · Severe Storms And Flooding
Claims by Event
  • Severe Storms And Flooding, Sep 2016 · 8 claims
  • Severe Storms, Tornadoes, And Flooding, Jun 2008 · 18 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 58 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000
AT&T
Fixed Wireless
100 / 20

May also be available: CenturyLink, ImOn Communications, T-Mobile.

Nearby Properties on 3rd St SE

Nearby Streets

Search Property Records by Address or Parcel Number