728 3rd Ave SE, Cedar Rapids, IA 52401 Property Records

Linn County property record for 728 3rd Ave SE, Cedar Rapids, IA 52401

Property Summary

Property Type	Commercial
Lot Size	0.142 acres (6,185 sqft)
Owner	Company Name on Record
Tax Bill	$1,566 (2025)
Deeds & Mortgages	Jul 2019 Mortgage Jun 2017 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14214-78004-00000`

Property Details

APN / Parcel Number

Primary APN	`14214-78004-00000`

Exterior

Lot Area	6,185 sqft (0.142 acres)
Lot Dimensions	44.2 ft deep x 44.2 ft wide

Location & Zoning

Street Address	2ND AVE SOUTHEAST VACANT LAND
City	CEDAR RAPIDS
State	IA
Zip	52401
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	O T NE 15.75 LOT 3 & SW 28.5 STR/LB 4 59
Legal Range	7W
Legal Township	83N
Legal Section	21
Legal Subdivision	CITY/CEDAR RAPIDS
Legal Block	59
Legal Lot Number	3
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	Company Name on Record
Mailing Address	728 3RD AVE SE, CEDAR RAPIDS, IA 52401-1612
Owner Type	Company
Vesting	Trust, Corporate Trust

Deeds, Mortgages & Sale History

Date	Document
Jul 1, 2019	Deed of Trust, Mortgage KATHLEEN A PHELAN
Jun 30, 2017	Grant Deed, Mortgage · Line of Credit BANKERS TR
Feb 17, 2017	Quit Claim Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Oct 29, 2026

July 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LINN IA
Property Address	CEDAR RAPIDS, IA 52401
Document Number	0104170472
Instrument Date	Jul 1, 2019
Transaction Type	Mortgage
Record Updated	Sep 17, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	728 3RD AVE SE CEDAR RAPIDS IA 524011612, CEDAR RAPIDS, IA 52401-1612

Mortgage

Document Number	0104170472
Date	Aug 5, 2019
Book Page	010417/000472

Lender

Name	KATHLEEN A PHELAN
Address	ANAMOSA, IA 52205

Agreement

Amount	Amount Recorded
Term	240 Months
Due	Aug 4, 2039

Interest

Rate	10%

June 2017: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	LINN IA
Recording Date	Jun 30, 2017
Property Address	CEDAR RAPIDS, IA 52401
Document Number	0098710407
Book / Page	009871 / 000407
Instrument Date	Jun 29, 2017
Transaction Type	Mortgage
Record Updated	Jul 11, 2017

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Corporate Trust
Address	728 3RD AVE SE CEDAR RAPIDS IA 524011612, CEDAR RAPIDS, IA 52401-1612

Mortgage

Document Number	98710407
Date	Jun 30, 2017
Book Page	009871/000407

Lender

Name	BANKERS TR
Address	453 7TH ST, DES MOINES, IA 50309-4110

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Jun 29, 2037

Interest

Rate Type	Adjustable Rate

February 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	LINN IA
Recording Date	Feb 17, 2017
Property Address	CEDAR RAPIDS, IA 52401
Document Number	0097690515
Book / Page	009769 / 000515
Instrument Date	Feb 13, 2017
Transaction Type	Transfer
Record Updated	Feb 22, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Corporate Trust
Address	728 3RD AVE SE CEDAR RAPIDS IA 524011612, CEDAR RAPIDS, IA 52401-1612

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		$81,500 (-) Land $74,300 Building $7,200	$81,500 (-) Land $74,300 Building $7,200
2025	$1,566.00	$81,500 (+0.99%) Land $74,300 Building $7,200	$81,500 (+0.99%) Land $74,300 Building $7,200
2024	$1,566.00 (-12.42%)
2023		$80,700 Land $74,300 Building $6,400	$80,700 Land $74,300 Building $6,400
2022	$1,788.00

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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