1228 3rd Ave SE, Cedar Rapids, IA 52403 Property Records

Linn County property record for 1228 3rd Ave SE, Cedar Rapids, IA 52403

Property Summary

Property Type	Multi-Family Dwellings
Details	10 bd · 9.75 ba · 5,024 sqft · built 1898
Lot Size	0.225 acres (9,801 sqft)
Owner	Company Name on File
Last Sale	$73,000 (May 2018)
Tax Bill	$3,022 (2025)
Deeds & Mortgages	Sep 2019 Mortgage May 2018 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14223-27017-00000`

Property Details

APN / Parcel Number

Primary APN	`14223-27017-00000`

Interior

Bedrooms	10 Beds
Full Baths	9.75 Baths
Half Baths	1 Half Bath
Total Rooms	30 Rooms
Stories	2 Stories
Building Area	5,024 sqft Living Area
Gross Area	7,891 sqft
1st Floor Area	5,024 sqft
Attic	Attic
Attic Area	928 sqft
Basement Area	1,785 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1898
Effective Year Built	Effective 1898
Architectural Style	Multi-Level
Exterior Material	Wood
Construction Type	Frame
Foundation Type	Stone
Roof Type	Hip
Roof Material	Asphalt
Lot Area	9,801 sqft (0.225 acres)
Lot Dimensions	70 ft deep x 70 ft wide
Porch	Stoop
Porch Area	294 sqft

Utilities, Heating & Cooling

Cooling System	None
Heating System	Radiant

Location & Zoning

Street Address	1228 3RD AVE SE
City	CEDAR RAPIDS
State	IA
Zip	52403-4057
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	OUT LOT 15 NE 10 LOT 13 & ALL STR/LB 12
Legal Range	7W
Legal Township	83N
Legal Section	22
Legal Subdivision	STANCHFIELDS SUBDIVISION
Legal Lot Number	15,13
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	2
Census Block	2008
Census Tract	1900

Historic Designation

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

Individually Listed	Perkins, Charles W. and Nellie, House listed 2002 · 1 contributing resources · NRIS 02000456

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

Owner

1228 3rd Ave SE, a residential property, is owned by a company that bought it in May 2018.

Source: Linn County records, as of October 5, 2026

Owner of Record	Company Name on File
Mailing Address	616 4TH AVE SE, 101, CEDAR RAPIDS, IA 52401-1905
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Sep 19, 2019	Deed of Trust, Mortgage HILLS BK&TR
May 29, 2018	Warranty Deed, Transfer
Apr 20, 2017	Warranty Deed, Transfer · Line of Credit HILLS BK&TR

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 29, 2018 · Amount on File
Deed Sale	May 29, 2018 · Amount on File
Deed Book / Page	10109 / 187
Record Updated	Oct 29, 2026

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LINN IA
Property Address	1228 3RD AVE SE, CEDAR RAPIDS, IA 52403-4057
Document Number	0104570687
Instrument Date	Sep 19, 2019
Transaction Type	Mortgage
Record Updated	Nov 25, 2019
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1228 3RD AVE SE CEDAR RAPIDS IA 524034057, CEDAR RAPIDS, IA 52403-4057

Mortgage

Document Number	0104570687
Date	Sep 23, 2019
Book Page	010457/000687

Lender

Name	HILLS BK&TR
Type	Bank
Address	HILLS, IA 52235

Agreement

Amount	Amount on Record
Term	300 Months
Due	Sep 22, 2044

Interest

Rate Type	Adjustable Rate

May 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	May 29, 2018
Property Address	1228 3RD AVE SE, CEDAR RAPIDS, IA 52403-4057
Document Number	0101090187
Book / Page	010109 / 000187
Instrument Date	May 29, 2018
Transaction Type	Transfer
Record Updated	Jun 25, 2018

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1540 D AVE NE CEDAR RAPIDS IA 524025149, CEDAR RAPIDS, IA 52402-5149

April 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	Apr 20, 2017
Property Address	1228 3RD AVE SE, CEDAR RAPIDS, IA 52403-4057
Document Number	0098120098
Book / Page	009812 / 000098
Instrument Date	Apr 18, 2017
Transaction Type	Transfer
Record Updated	Aug 18, 2018

Transaction

Amount	Amount on Record
Tax	$239.20

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1540 D AVE NE CEDAR RAPIDS IA 524025149, CEDAR RAPIDS, IA 52402-5149

Mortgage

Document Number	98120100
Date	Apr 20, 2017
Book Page	009812/000100

Lender

Name	HILLS BK&TR
Type	Bank
Address	HILLS, IA 52235

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	300 Months
Due	Apr 19, 2042

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1228 3rd Ave SE was $3,022.

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

Property Jurisdictions

Type	Name
State	Iowa
County	Linn County
Municipality	Cedar Rapids City
Unified School District	Cedar Rapids Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$172,500 (-) Land $30,800 Building $141,700	$172,500 (-) Land $30,800 Building $141,700
2025	$3,022.00	$172,500 Land $30,800 Building $141,700	$172,500 Land $30,800 Building $141,700
2024	$3,022.00
2023		$164,100 (+15.24%) Land $28,000 Building $136,100	$164,100 Land $28,000 Building $136,100
2022	$3,004.00 (-13.53%)	$142,400 Land $22,400 Building $120,000
2021	$3,474.00		$142,400 Land $22,400 Building $120,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1228 3rd Ave SE in Zone X, an area of minimal flood risk, though there have been 13 flood claims nearby since 1984.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	13 (1984–2008)
Most Recent Claim	Sep 2008 · rainfall accumulation
Claims by Event	Severe Storms, Tornadoes, And Flooding, Jun 2008 · 10 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

Wildfire risk around 1228 3rd Ave SE is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 91% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 System	CEDAR RAPIDS WATER DEPARTMENT serves 142,364 people · EPA ID IA5715093
Water Source	Groundwater influenced by surface water
Last State Inspection	Oct 2025
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 294 locations within half a mile, as of December 31, 2025

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

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

Nearby Properties on 3rd Ave SE

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures