1340 Tower Ln NE, Cedar Rapids, IA 52402 Property Records

Linn County property record for 1340 Tower Ln NE, Cedar Rapids, IA 52402 · Last verified October 2025

Property Summary

Property Type	Commercial
Lot Size	1.57 acres (68,389 sqft)
Owner	Company Name on File
Last Sale	$138,500 (Nov 2008)
Tax Bill	$8,368 (2024)
Deeds & Mortgages	Sep 2019 Construction Loan
Flood Zone	Zone X (minimal risk)
APN	`11-34-2-57-002-0-0000`

Property Details

APN / Parcel Number

Primary APN	`11-34-2-57-002-0-0000`

Exterior

Lot Area	68,389 sqft (1.57 acres)

Location & Zoning

Street Address	1340 TOWER LN NE
City	CEDAR RAPIDS
State	IA
Zip	52402
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	BOYSON PARK SOUTH 2ND EX RD LOT 78
Legal Range	07
Legal Township	84
Legal Section	34
Legal Subdivision	BOYSON PARK SOUTH SECOND ADDITION
Legal Lot Number	78
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	2
Census Block	2008
Census Tract	212

Owner

Source: Linn County records · APN 11-34-2-57-002-0-0000

Assessment roll updated May 1, 2025 · Last verified October 2025

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

Owner of Record	Company Name on File
Mailing Address	701 CENTER POINT RD NE, CEDAR RAPIDS, IA 52402-4643
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Nov 10, 2008 · Amount on Record
Deed Sale	Nov 10, 2008 · Amount on Record
Prior Sale	Nov 10, 2008 · Amount on Record
Deed Document Number	0000027252
Last Transfer Date	Sep 18, 2019
Transfer Doc	0104540446
Record Updated	Jun 08, 2026

September 2019: Trustee's Deed, Construction Loan

Document Type	Trustee's Deed
Jurisdiction	LINN IA
Recording Date	Sep 18, 2019
Property Address	1340 TOWER LN NE, CEDAR RAPIDS, IA 52402-7486
Document Number	0104540446
Book / Page	010454 / 000446
Instrument Date	Sep 17, 2019
Transaction Type	Construction Loan
Record Updated	Nov 25, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1238 LAKE AVE NE CEDAR RAPIDS IA 524024627, CEDAR RAPIDS, IA 52402-4627

Mortgage

Document Number	104540446
Date	Sep 18, 2019
Book Page	010454/000446

Lender

Name	GRINNELL ST BK
Type	Bank
Address	GRINNELL, IA 50112

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Sep 17, 2020

Tax Assessment & Valuation

Source: Linn County records · Assessment roll updated May 1, 2025 · Last verified October 2025

Property Jurisdictions

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

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$251,200 (-) Land $251,200	$251,200 (-) Land $251,200
2024	$8,368.00 (-0.81%)
2023		$251,200 Land $251,200	$251,200 Land $251,200
2022	$8,436.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Linn County (19113C), updated May 31, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.