1249 3rd Ave SE, Cedar Rapids, IA 52403 Property Records

Linn County property record for 1249 3rd Ave SE, Cedar Rapids, IA 52403

Property Summary

Property Type	Multi-Family Dwellings
Details	4 bd · 6 ba · 2,872 sqft · built 1900
Lot Size	0.129 acres (5,619 sqft)
Owner	Company Name on Record
Last Sale	$150,000 (Mar 2026)
Tax Bill	$1,900 (2025)
Deeds & Mortgages	Mar 2026 Line of Credit Jan 2024 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14223-26005-00000`

Property Details

APN / Parcel Number

Primary APN	`14223-26005-00000`

Interior

Bedrooms	4 Beds
Full Baths	6 Baths
Total Rooms	16 Rooms
Stories	2 Stories
Building Area	2,872 sqft Living Area
Gross Area	4,624 sqft
1st Floor Area	2,872 sqft
Attic	Attic
Attic Area	536 sqft
Basement Area	1,120 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1900
Architectural Style	Multi-Level
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Foundation Type	Stone
Roof Type	Gable
Roof Material	Asphalt
Lot Area	5,619 sqft (0.129 acres)
Lot Dimensions	40 ft deep x 40 ft wide
Porch	Enclosed Frame Porch
Porch Area	384 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Steam

Location & Zoning

Street Address	1249 3RD AVE SE
City	CEDAR RAPIDS
State	IA
Zip	52403-4077
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	OUT LOT 16 (LESS REAR 10) NE 20 LOT 8 & (LESS REAR 10) SW 20 STR/LB 9
Legal Range	7W
Legal Township	83N
Legal Section	22
Legal Subdivision	CEDAR RAPIDS
Legal Lot Number	16,8
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	2
Census Block	2010
Census Tract	1900

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	2506 JOYCE ST, HAYWARD, CA 94544
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Mar 27, 2026	Deed of Trust, Mortgage · Line of Credit FARMERS STATE BANK
Jan 8, 2024	Deed of Trust, Mortgage · Line of Credit HEDGES ASSOCIATES INC
Jul 9, 2021	Warranty Deed, Transfer · Line of Credit HILLS BANK AND TRUST CO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 27, 2026 · Amount on Record
Deed Sale	Mar 27, 2026 · Amount on Record
Prior Sale	Jul 9, 2021 · Amount on Record
Deed Document Number	20267830
Prior Transfer Date	Sep 3, 1999
Prior Transfer Doc	0000017271
Record Updated	Oct 29, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LINN IA
Property Address	1249 3RD AVE SE, CEDAR RAPIDS, IA 52403-4077
Transaction Type	Mortgage
Record Updated	Apr 7, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	30 N GOULD ST R, R, SHERIDAN, WY 82801-6317

Mortgage

Document Number	2026007899
Date	Mar 27, 2026
Instrument	2026-007899

Lender

Name	FARMERS STATE BANK
Type	Bank
Address	1240 8TH AVE, MARION, IA 52302

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Mar 25, 2056

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

January 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LINN IA
Property Address	1249 3RD AVE SE, CEDAR RAPIDS, IA 52403-4077
Transaction Type	Mortgage
Record Updated	Mar 6, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1249 3RD AVE SE 5, 5, CEDAR RAPIDS, IA 52403-4077

Mortgage

Document Number	1152242909
Date	Jan 8, 2024
Book Page	11522/42909

Lender

Name	HEDGES ASSOCIATES INC
Type	Non-Lending Institution

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate	13%
Change Frequency	Monthly

July 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	Jul 9, 2021
Property Address	1249 3RD AVE SE, CEDAR RAPIDS, IA 52403-4077
Document Number	1107400500
Book / Page	11074 / 500
Map Reference	VOL 143 PG 44
Instrument Date	Jul 6, 2021
Transaction Type	Transfer
Record Updated	Mar 6, 2024

Transaction

Amount	Amount Recorded
Tax	$95.20
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	317 17TH ST NE, CEDAR RAPIDS, IA 52402-5424

Mortgage

Document Number	0011074501
Date	Jul 9, 2021
Instrument	11074/501

Lender

Name	HILLS BANK AND TRUST CO
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	300 Months
Due	Jul 6, 2046

Tax Assessment & Valuation

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		$153,400 (+42.96%) Land $22,000 Building $131,400	$153,400 (+42.96%) Land $22,000 Building $131,400
2025	$1,900.00 (+4.4%)	$107,300 (+4.28%) Land $22,000 Building $85,300	$107,300 (+4.28%) Land $22,000 Building $85,300
2024	$1,820.00 (+7.18%)
2023		$102,900 (+27.83%) Land $20,000 Building $82,900	$102,900 (+27.83%) Land $20,000 Building $82,900
2022	$1,698.00 (+437.34%)	$80,500 Land $16,000 Building $64,500
2021	$316.00		$80,500 Land $16,000 Building $64,500

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

Flood

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

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.

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