727 2nd Ave SE, Cedar Rapids, IA 52401 Property Records

Linn County property record for 727 2nd Ave SE, Cedar Rapids, IA 52401

Property Summary

Property Type	Commercial
Details	1,998 sqft · built 1941
Lot Size	0.189 acres (8,232 sqft)
Owner	2 Company Names on Record
Last Sale	$200,000 (Nov 2019)
Tax Bill	$4,014 (2025)
Deeds & Mortgages	Mar 2017 Loan Modification May 2016 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`14214-78003-00000`

Property Details

APN / Parcel Number

Primary APN	`14214-78003-00000`

Interior

Stories	1 Story
Building Area	1,998 sqft Gross Area
1st Floor Area	1,998 sqft

Exterior

Year Built	Built 1941
Effective Year Built	Effective 1941
Lot Area	8,232 sqft (0.189 acres)
Lot Dimensions	91.5 ft deep x 91.5 ft wide

Location & Zoning

Street Address	727 2ND AVE SE
City	CEDAR RAPIDS
State	IA
Zip	52401-1307
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	O T NE 31.5 NW 90 LOT 4 & NW 90 STR/LB 5 59
Legal Range	7W
Legal Township	83N
Legal Section	21
Legal Subdivision	O T/CEDAR RAPIDS
Legal Block	59
Legal Lot Number	4
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	3
Census Block	3027
Census Tract	1900

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Cedar Rapids 2nd Avenue SE. Automobile Row Historic District listed 2015 · 19 contributing resources · NRIS 15000749

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

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

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

Owner of Record	2 Company Names on Record
Mailing Address	727 2ND AVE SE, CEDAR RAPIDS, IA 52401-1307
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 6, 2017	Loan Modification, Mortgage · Line of Credit FARMERS & MERCHANTS SVGS BK
May 27, 2016	Loan Modification, Mortgage · Line of Credit FARMERS & MERCHANTS SVGS BK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Nov 7, 2019 · Amount on Record
Deed Sale	Nov 7, 2019 · Amount on Record
Prior Sale	Feb 18, 2015 · Amount on Record
Deed Book / Page	10499 / 105
Record Updated	Oct 29, 2026

March 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	LINN IA
Property Address	727 2ND AVE SE, CEDAR RAPIDS, IA 52401-1307
Document Number	0097920312
Instrument Date	Mar 6, 2017
Transaction Type	Mortgage
Record Updated	Mar 29, 2017
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	611 2ND AVE SE CEDAR RAPIDS IA 524011305, CEDAR RAPIDS, IA 52401-1305

Mortgage

Document Number	0097920312
Date	Mar 23, 2017
Book Page	009792/000312

Lender

Name	FARMERS & MERCHANTS SVGS BK
Type	Federal Savings Bank
Address	CEDAR RAPIDS, IA 52404

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

May 2016: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	LINN IA
Property Address	727 2ND AVE SE, CEDAR RAPIDS, IA 52401-1307
Document Number	0097920347
Instrument Date	May 27, 2016
Transaction Type	Mortgage
Record Updated	Jan 9, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	7202 42ND ST NE CEDAR RAPIDS IA 524117701, CEDAR RAPIDS, IA 52411-7701

Mortgage

Document Number	0097920347
Date	Mar 23, 2017
Book Page	009792/000347

Lender

Name	FARMERS & MERCHANTS SVGS BK
Type	Federal Savings Bank
Address	CEDAR RAPIDS, IA 52404

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

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		$181,400 (-) Land $98,800 Building $82,600	$181,400 (-) Land $98,800 Building $82,600
2025	$4,014.00 (+1.67%)	$181,400 (+0.83%) Land $98,800 Building $82,600	$181,400 (+0.83%) Land $98,800 Building $82,600
2024	$3,948.00 (-11.04%)
2023		$179,900 Land $98,800 Building $81,100	$179,900 Land $98,800 Building $81,100
2022	$4,438.00

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 31 policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	31 in force
Nearby Flood Claims	19 (2008–2016)
Claims Outside the SFHA	15 of 19
Most Recent Claim	Sep 2016 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Sep 2016 · 15 claims Severe Storms, Tornadoes, And Flooding, May 2013 · 3 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	Not 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 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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