515 8th Ave SE, Cedar Rapids, IA 52401 Property Records

Linn County property record for 515 8th Ave SE, Cedar Rapids, IA 52401

Property Summary

Property TypeCommercial
Details7,408 sqft · built 1955
Lot Size0.193 acres (8,407 sqft)
OwnerCompany Name on File
Tax Bill$828 (2025)
Deeds & MortgagesAug 2022 Line of Credit
Flood ZoneZone X (moderate risk)
APN14281-09003-00000

Property Details

APN / Parcel Number

Primary APN14281-09003-00000

Interior

Stories1 Story
Building Area7,408 sqft Gross Area
1st Floor Area7,408 sqft

Exterior

Year BuiltBuilt 1955
Effective Year BuiltEffective 1955
Lot Area8,407 sqft (0.193 acres)
Lot Dimensions60 ft deep x 60 ft wide
Total Buildings2 Buildings

Location & Zoning

Street Address515 8TH AVE SE
CityCEDAR RAPIDS
StateIA
Zip52401-2135
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionCARPENTERS 2ND STR/LB 3 7
Legal Range7W
Legal Township83N
Legal Section28
Legal SubdivisionCARPENTERS 2ND
Legal Block7
Legal Lot Number3
JurisdictionLINN IA
Township / Civil DivisionCEDAR RAPIDS
Census Block Group2
Census Block2034
Census Tract2700

Owner

515 8th Ave SE, a commercial property, is owned by a company.

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 File
Mailing AddressPO BOX 667, CEDAR RAPIDS, IA 52406-0667
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address515 8TH AVE SE, CEDAR RAPIDS, IA 52401-2135
Transaction TypeMortgage
Record UpdatedMar 6, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number1143900474
DateAug 19, 2022
Book Page11439/474
Lender
NameMIDWESTONE BANK
TypeBank
AddressIOWA CITY, IA 52240
Agreement
TypeLine of Credit
AmountAmount on Record
Term241 Months
DueSep 18, 2042
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 515 8th Ave SE was $828.

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$40,300 (-) Land $40,300$40,300 (-) Land $40,300
2025$828.00$40,300 Land $40,300$40,300 Land $40,300
2024$828.00
2023$333,400 Land $37,800 Building $295,600$333,400 Land $37,800 Building $295,600

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 515 8th Ave SE in Zone X, an area of moderate flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 70 individual policies
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies182 units insured
incl. 112 condo units
Nearby Flood Claims83 (2008–2016)
Claims Outside the SFHA13 of 83
Most Recent ClaimSep 2016 · Severe Storms And Flooding
Claims by Event
  • Severe Storms And Flooding, Sep 2016 · 40 claims
  • Severe Storms, Tornadoes, Straight-line Winds, And Flooding, Jul 2014 · 4 claims
  • Severe Storms, Tornadoes, And Flooding, Jun 2008 · 39 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

The area around 515 8th 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 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 135 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000
CenturyLink
DSL · Fiber in parts of the area
140 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: ICS Advanced Technologies, ImOn Communications, T-Mobile, Verizon.

Nearby Properties on 8th Ave SE

Nearby Streets

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