1232 3rd Ave SE, Cedar Rapids, IA 52403 Property Records

Linn County property record for 1232 3rd Ave SE, Cedar Rapids, IA 52403

Property Summary

Property TypeDuplex
Details3 bd · 3.25 ba · 2,432 sqft · built 1885
Lot Size0.215 acres (9,365 sqft)
OwnerCompany Name on File
Last Sale$26,500 (Mar 2005)
Tax Bill$2,950 (2025)
Deeds & MortgagesSep 2017 Line of Credit
Flood ZoneZone X (minimal risk)
APN14223-27018-00000

Property Details

APN / Parcel Number

Primary APN14223-27018-00000

Interior

Bedrooms3 Beds
Full Baths3.25 Baths
Half Baths1 Half Bath
Total Rooms12 Rooms
Units2 Units
Stories2 Stories
Building Area2,432 sqft Living Area
Gross Area3,723 sqft
1st Floor Area2,432 sqft
Basement Area1,207 sqft
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1885
Effective Year BuiltEffective 1885
Architectural StyleMulti-Level
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Foundation TypeStone
Roof TypeGable
Roof MaterialAsphalt
Lot Area9,365 sqft (0.215 acres)
Lot Dimensions67 ft deep x 67 ft wide

Exterior Amenities

PorchEnclosed Frame Porch
Porch Area274 sqft
Deck AreaDeck Area
Patio Area17 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address1232 3RD AVE SE
CityCEDAR RAPIDS
StateIA
Zip52403-4073
Property CategoryResidential
Property TypeResidential > Multi-Unit > Duplex
Legal DescriptionOUT LOT 15 SW 7 LOT 10 & ALL STR/LB 11
Legal Range7W
Legal Township83N
Legal Section22
Legal SubdivisionSTANCHFIELDS SUBDIVISION OF OUT LOT 15
Legal Lot Number15,10
JurisdictionLINN IA
Township / Civil DivisionCEDAR RAPIDS
Census Block Group2
Census Block2008
Census Tract1900

Owner

1232 3rd Ave SE, a duplex, is owned by a company that bought it in March 2005.

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

Owner of RecordCompany Name on File
Mailing Address7607 COUNCIL ST NE, CEDAR RAPIDS, IA 52402-4895
Owner TypeCompany

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 31, 2005 · Amount on File
Deed SaleMar 31, 2005 · Amount on File
Prior SaleAug 7, 2001 · Amount on File
Deed Document Number200554172
Deed Book / Page5943 / 484
Record UpdatedOct 29, 2026

September 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address1232 3RD AVE SE, CEDAR RAPIDS, IA 52403-4010
Document Number0099350594
Book / Page009935 / 000594
Instrument DateSep 21, 2017
Transaction TypeMortgage
Record UpdatedSep 26, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address7607 COUNCIL ST NE CEDAR RAPIDS IA 524024895, CEDAR RAPIDS, IA 52402-4895

Mortgage

Document Number0099350594
DateSep 22, 2017
Book Page009935/000594
Lender
NameCOMMUNITY SVGS BK
TypeBank
AddressEDGEWOOD, IA 52042-0077
Agreement
TypeLine of Credit
AmountAmount on Record
Term60 Months
DueSep 21, 2022
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1232 3rd Ave SE was $2,950, up 39.7% from the year before.

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$158,700 (-) Land $36,900 Building $121,800$158,700 (-) Land $36,900 Building $121,800
2025$2,950.00 (+39.68%)$158,700 Land $36,900 Building $121,800$158,700 Land $36,900 Building $121,800
2024$2,112.00
2023$119,400 (+13.82%) Land $33,500 Building $85,900$119,400 Land $33,500 Building $85,900
2022$2,212.00 (+1.75%)$104,900 Land $26,800 Building $78,100
2021$2,174.00$104,900 Land $26,800 Building $78,100

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

Flood

FEMA maps place 1232 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims13 (1984–2008)
Most Recent ClaimSep 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 1232 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 RiskLow
lower than 99.1% of the US · lower than 91% of Iowa
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 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 294 locations within half a mile, as of December 31, 2025

ProviderMax 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

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