4801 1st Ave SE, Cedar Rapids, IA 52402 Property Records

Linn County property record for 4801 1st Ave SE, Cedar Rapids, IA 52402

Property Summary

Property TypeRegional Shopping Center, Mall
Details6,016 sqft · built 2016
Lot Size0.61 acres (26,571 sqft)
OwnerCompany Name on File
Last Sale$580,000 (Sep 2015)
Tax Bill$53,528 (2025)
Deeds & MortgagesAug 2026 Line of Credit
Flood ZoneZone X (minimal risk)
APN14024-03004-00000

Property Details

APN / Parcel Number

Primary APN14024-03004-00000

Interior

Stories1 Story
Building Area6,016 sqft Gross Area
1st Floor Area6,016 sqft
Basement Area3,200 sqft

Exterior

Year BuiltBuilt 2016
Effective Year BuiltEffective 2016
Lot Area26,571 sqft (0.61 acres)

Location & Zoning

Street Address4801 1ST AVE SE
CityCEDAR RAPIDS
StateIA
Zip52402-3213
Property CategoryCommercial
Property TypeCommercial > Retail > Regional Shopping Center, Mall
Legal DescriptionA.P. #449 EX 49 LOT 14
Legal Range7W
Legal Township83N
Legal Section02
Legal SubdivisionAUDITORS 449
Legal Lot Number14
JurisdictionLINN IA
Township / Civil DivisionCEDAR RAPIDS
Census Block Group2
Census Block2005
Census Tract600

Owner

4801 1st Ave SE, a commercial property, is owned by a company that bought it in September 2015.

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

Owner of RecordCompany Name on File
Mailing Address427 1ST ST SE, 200, CEDAR RAPIDS, IA 52401-1869
Owner TypeCompany
VestingCompany

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 SaleSep 21, 2015 · Amount on File
Deed SaleSep 21, 2015 · Amount on File
Prior SaleDec 15, 2010
Deed Book / Page9360 / 335
Prior Transfer DateNov 18, 2010
Prior Transfer Doc0078170571
Record UpdatedOct 29, 2026

August 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Recording DateAug 11, 2026
Property Address4801 1ST AVE SE, CEDAR RAPIDS, IA 52402-3213
Document Number0000023521
Instrument DateAug 10, 2026
Instrument202623521
Transaction TypeMortgage
Record UpdatedAug 18, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266
Address2615 DIAMONDWOOD DR, CEDAR RAPIDS, IA 52403-1519

Mortgage

Document Number0000023521,
DateAug 11, 2026
Instrument202623521
Lender
NameFARMERS STATE BANK
Agreement
TypeLine of Credit
AmountAmount on Record
Term360 Months
DueAug 10, 2056
Interest
Rate6.49%
Max Rate-1%

Tax Assessment & Valuation

The 2025 property tax bill for 4801 1st Ave SE was $53,528, up 0.7% 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 DistrictLinn-Mar Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,450,900 (-) Land $610,000 Building $840,900$1,450,900 (-) Land $610,000 Building $840,900
2025$53,528.00 (+0.73%)$1,450,900 Land $610,000 Building $840,900$1,450,900 Land $610,000 Building $840,900
2024$53,140.00
2023$1,469,300 Land $610,000 Building $859,300$1,469,300 Land $610,000 Building $859,300
2022$46,856.00

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

Flood

FEMA maps place 4801 1st Ave SE in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1982.

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
Flood Insurance CostPremium on File
median of 10 policies
Nearby Flood Policies10 in force
Nearby Flood Claims4 (1982–2014)
Claims Outside the SFHA3 of 4
Most Recent ClaimJun 2014 · Severe Storms, Tornadoes, Straight-line Winds, And Flooding

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

The area around 4801 1st Ave SE has no burnable land within ember reach, so its wildfire risk is not rated.

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 SystemMARION MUNICIPAL WATER DEPT
serves 41,623 people · EPA ID IA5751035
Water SourceGroundwater
Last State InspectionSep 2025
Also Mapped HereCEDAR RAPIDS WATER DEPARTMENT
Lead8 ppb (2022–2024)
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 180 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000

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

Nearby Properties on 1st Ave SE

Nearby Streets

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