5115 N River Blvd NE, Cedar Rapids, IA 52411 Property Records

Linn County property record for 5115 N River Blvd NE, Cedar Rapids, IA 52411

Property Summary

Property TypeApartments (5+ Units)
Details10,580 sqft · built 2024
Lot Size3.35 acres (145,926 sqft)
OwnerCompany Name on Record
Tax Bill$6,674 (2024)
Deeds & MortgagesJun 2026 Mortgage
May 2024 Line of Credit
+ 2 more
Flood ZoneZone X (minimal risk)
APN14063-02032-00000

Property Details

APN / Parcel Number

Primary APN14063-02032-00000
Alternative APN
  • 14-06-3-02-031-0-0000

Interior

Units10 Units
Stories2 Stories
Building Area10,580 sqft Living Area
Gross Area20,900 sqft
Upper Floors Area5,160 sqft
Basement Area10,320 sqft

Exterior

Year BuiltBuilt 2024
Effective Year BuiltEffective 2024
Architectural StyleMulti-Family
Lot Area145,926 sqft
Total Buildings24 Buildings

Location & Zoning

Old Parcel Number140630203100000
Street Address5115 N RIVER BLVD NE
CityCEDAR RAPIDS
StateIA
Zip52411-7882
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionRIVER RIDGE SQUARE 4TH LOT 1
Legal Range7W
Legal Township83N
Legal Section06
Legal SubdivisionRIVER RIDGE SQUARE 3RD
Legal Lot Number1
JurisdictionLINN IA
Township / Civil DivisionCEDAR RAPIDS
Census Block Group3
Census Block3003
Census Tract902

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 RecordCompany Name on Record
Mailing Address1950 BOYSON RD, HIAWATHA, IA 52233-2318
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jun 11, 2026Warranty Deed, Transfer · Conventional Mortgage
GERSHMAN INVESTMENT CORP
May 8, 2024Deed of Trust, Mortgage · Line of Credit
CEDAR RAPIDS BANK & TRUST CO
Jan 27, 2020Quit Claim Deed, Transfer
NOT AVAILABLE
Jan 28, 2020Correction Deed, Transfer
NOT AVAILABLE

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

June 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLINN IA
Recording DateJun 11, 2026
Property Address5115 N RIVER BLVD NE, CEDAR RAPIDS, IA 52411-7882
Document Number0000016374
Instrument DateJun 11, 2026
Instrument202616374
Transaction TypeTransfer
Record UpdatedOct 2, 2026
Title CompanyFIRST AMERICAN TITLE

Transaction

Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address1950 BOYSON RD, HIAWATHA, IA 52233-2318

Mortgage

Document Number0000016376,
DateJun 11, 2026
Instrument202616376
Lender
NameGERSHMAN INVESTMENT CORP
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term421 Months
DueJul 1, 2061
Interest
Rate TypeFixed Rate
Initial TypeFixed Rate
Max Rate-1%

May 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address5115 N RIVER BLVD NE, CEDAR RAPIDS, IA 52411-7882
Transaction TypeMortgage
Record UpdatedOct 21, 2025

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number1152281590
DateMay 8, 2024
Book Page11522/81590
Lender
NameCEDAR RAPIDS BANK & TRUST CO
TypeBank
Address500 1ST AVE NE, CEDAR RAPIDS, IA 52401
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

January 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionLINN IA
Recording DateJan 27, 2020
Property Address5115 N RIVER BLVD NE, CEDAR RAPIDS, IA 52411-7882
Document Number0105560567
Book / Page010556 / 000567
Instrument DateJan 27, 2020
Transaction TypeTransfer
Record UpdatedSep 17, 2020
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1950 BOYSON RD HIAWATHA IA 522332318, HIAWATHA, IA 52233-2318

January 2020: Correction Deed, Transfer

Document TypeCorrection Deed
JurisdictionLINN IA
Recording DateJan 28, 2020
Property Address5115 N RIVER BLVD NE, CEDAR RAPIDS, IA 52411-7882
Document Number0105570129
Book / Page010557 / 000129
Instrument DateJan 27, 2020
Transaction TypeTransfer
Record UpdatedSep 17, 2020
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1950 BOYSON RD HIAWATHA IA 522332318, HIAWATHA, IA 52233-2318

Tax Assessment & Valuation

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$3,219,300 Land $158,100 Building $3,061,200$3,219,300 (+773.62%) Land $158,100 Building $3,061,200
2024$6,674.00 (-14.13%)
2023$368,500 Land $368,500$368,500 Land $368,500
2022$7,772.00

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims3 (1993–2008)
Claims Outside the SFHA1 of 3
Most Recent ClaimJun 2008 · Severe Storms, Tornadoes, And Flooding
Claims by Event
  • Severe Storms & Flooding, Aug 1993 · 2 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 RiskLow
lower than 80% of the US · above 49% of Iowa
Wildfire Likelihood0.01% annual chance
ExposureIndirect
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 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 148 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
ImOn Communications
Fiber
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
CenturyLink
DSL · Fiber in parts of the area
140 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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