1. Home
  2. Iowa
  3. Linn County
  4. Cedar Rapids
  5. 3rd Ave SE

97 3rd Ave SE, Cedar Rapids, IA 52401 Property Records

Linn County property record for 97 3rd Ave SE, Cedar Rapids, IA 52401 · Last verified October 2025

Property Highlights

Property TypeCommercial > Office > Skyscraper / High-Rise
Year BuiltBuilt 1904
Square Footage111,140 sqft Total Area
Lot Size28,750 sqft (0.66 acres)
Tax Bill$169,372.00 (2024)

Owner

Source: Linn County records · APN 14-28-2-07-001-0-0000

Assessment roll updated May 1, 2025 · Last verified October 2025

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

Owner of RecordCompany Name on File
Mailing Address221 2ND AVE SE STE 400, 400, CEDAR RAPIDS, IA 52401-1232
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Sep 09, 2025Deed of Trust, Mortgage · Commercial Mortgage
HILLS BANK & TRUST COMPANY
Jun 05, 2019Deed of Trust, Mortgage
OHNWARD & TR BK
Oct 10, 2017Grant Deed, Construction Loan · Line of Credit
CEDAR RAPIDS BK&TR

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleFeb 07, 2023
Deed SaleFeb 07, 2023
Deed Doc Number1152112775
Record RefreshedJun 08, 2026

September 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address97 3RD AVE SE, CEDAR RAPIDS, IA 52401-1410
Transaction TypeMortgage
Record UpdatedOct 16, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address221 2ND AVE SE 400, 400, CEDAR RAPIDS, IA 52401-1232

Mortgage

Document Number2025024570
DateSep 09, 2025
Instrument2025-024570
Lender
NameHILLS BANK & TRUST COMPANY
TypePrivate Party
Address131 E MAIN ST, HILLS, IA 52235
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term300 Months
DueSep 05, 2050

June 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address97 3RD AVE SE, CEDAR RAPIDS, IA 52401-1410
Document Number0103640659
Instrument DateJun 05, 2019
Transaction TypeMortgage
Record UpdatedJul 08, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address97 3RD AVE SE CEDAR RAPIDS IA 524011410, CEDAR RAPIDS, IA 52401-1410

Mortgage

Document Number0103640659
DateJun 05, 2019
Book Page010364/000659
Lender
NameOHNWARD & TR BK
AddressMARION, IA 52302
Agreement
AmountAmount Recorded

October 2017: Grant Deed, Construction Loan

Document TypeGrant Deed
JurisdictionLINN IA
Recording DateOct 10, 2017
Property Address97 3RD AVE SE, CEDAR RAPIDS, IA 52401-1410
Document Number0099490035
Book / Page009949 / 000035
Instrument DateOct 05, 2017
Transaction TypeConstruction Loan
Record UpdatedOct 16, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address221 2ND AVE SE #400 CEDAR RAPIDS IA 524011232, 400, CEDAR RAPIDS, IA 52401-1232

Mortgage

Document Number99490035
DateOct 10, 2017
Book Page009949/000035
Lender
NameCEDAR RAPIDS BK&TR
TypeBank
Address500 1ST AVE NE # 100, CEDAR RAPIDS, IA 52401-1323
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Linn County records · Assessment roll updated May 1, 2025 · Last verified October 2025

Property Jurisdictions

TypeName
StateIowa
CountyLinn County
MunicipalityCedar Rapids City
Unified School DistrictCedar Rapids Community School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$5,371,500 (-) Land $861,700 Building $4,509,800$5,371,500 (-) Land $861,700 Building $4,509,800
2024$169,372.00 (-5.73%)
2023$5,371,500 (-6.08%) Land $861,700 Building $4,509,800$5,371,500 (-6.08%) Land $861,700 Building $4,509,800
2022$179,676.00 (-6.55%)$5,719,400 Land $1,201,200 Building $4,518,200
2021$192,270.00$5,719,400 Land $1,201,200 Building $4,518,200

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Linn County (19113C), updated May 31, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020

Flood

FEMA Flood ZoneZone AE
Flood HazardHigh
100-Year FloodplainYes
1% annual chance
Special Flood Hazard AreaYes
Flood Insurance RequirementRequired (federally backed mortgages)
FloodwayNo
Base Flood ElevationVaries along the reach; see FIRM

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Historic Designation

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

Historic DistrictWithin the May's Island Historic District
listed 1978 · 4 contributing resources · NRIS 78001240
Individually ListedSinclair Building-Smulekoffs Furniture Store
listed 2016 · 1 contributing resources · NRIS 16000214

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

Property Details

APN / Parcel Number

Primary APN14-28-2-07-001-0-0000
Alternative APN
  • 14-28-2-07-003-0-0000

Interior

Building Area111,140 sqft Total Area
Upper Floors28,440 sqft Upper Floors
Basement Area31,460 sqft Basement
Stories5 Stories

Exterior

Year BuiltBuilt 1904
Lot Area28,750 sqft (0.66 acres)

Location & Zoning

Street Address97 3RD AVE SE
CityCEDAR RAPIDS
StateIA
Zip52401-1410
Property UsageCommercial Property Usage
TypeCommercial > Office > Skyscraper / High-Rise
Legal DescriptionO T LOTS 1 THRU 4 FR BLK 5 LYG N'LY OF P.O.S. #2690 & SW 1.25' VAC ST LYG NE'LY & ADJ
Legal Range07
Legal Township83
Legal Section04
Legal SubdivisionCITY/CEDAR RAPIDS
Legal Block5
Legal Lot Number1-4 2
JurisdictionLINN IA
Minor Civil DivisionCEDAR RAPIDS
Census Blockgroup3
Census Block3060
Census Tract1900

Nearby Properties on 3rd Ave SE

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures