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120 3rd Ave; Cedar Rapids, IA Property Details

120 3rd Ave, Cedar Rapids, IA is a Commercial Office that was built in 1909. This property is currently a cash purchase and is not for sale. Our records show that 120 3rd Ave has a total of 7,387 square feet. The lot size of 120 3rd Ave is 13,982 square feet.

Off market
120 3rd Ave SW Cedar Rapids, IA 52404
$722,400 Estimated Value
7,387 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1909
  • Purchase Price: $359,500
  • Open Loans / Balance: 1 / $500,000
  • APN: 14282-34005-00000
  • Situs County: Linn
  • Length Of Ownership: 15 years, 5 months

Structure

  • Stories: 2
  • Building Condition: Excellent

Measurements

  • Total: 7,387/SqFt
  • Lot: 13,982/SqFt
  • Gross: 7,387/SqFt
  • Living: 4,907/SqFt
  • Basement: 2,480/SqFt
  • Building: 7,387/SqFt
  • Ground: 4,987/SqFt
  • Price Per Square Foot: $48.67

Legal Description

  • Description: KINGSTON LOT 6 & SELY 50 STR/LB 7 4
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.97456 / -91.67297
  • Subdivision: Kingston
  • Property Class: Office
  • County Use Code: 501

Amenities

  • Plus Four: 5749

Ownership Info

120 3rd Ave SW has no associated ownership info
120 3rd Ave SW has no associated ownership info.

Taxes

120 3rd Ave SW has 10 associated Taxes items

120 3rd Ave, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $722,400. The APN we've located for 120 3rd Ave is 14282-34005-00000.

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Taxes
  • Assessed Value:  $722,400
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14282-34005-00000
  • Assessed Land Value:  56000
  • Market Land Value:  56000
  • Tax Amount:  18196
  • Tax Year:  2024
  • Market Value:  722400
  • Market Year:  2025

Tax History

120 3rd Ave SW has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $722,400 Land Value $56,000 Improvement Value $666,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $18,196 Change Rate +0.156329% Assessed CR Tax Rate
Year 2023 Assessed Value $653,200 Land Value $56,000 Improvement Value $597,200 Tax Amount $15,736 Change Rate -0.987231% Assessed CR Tax Rate +0.024091%
Year 2022 Assessed Value $551,900 Land Value $56,000 Improvement Value $495,900 Tax Amount $1,232,400 Change Rate +77.96963% Assessed CR Tax Rate +2.233013%
Year 2021 Assessed Value $552,500 Land Value $56,000 Improvement Value $496,500 Tax Amount $15,606 Change Rate -0.01812% Assessed CR Tax Rate +0.028246%
Year 2020 Assessed Value $549,500 Land Value $56,000 Improvement Value $493,500 Tax Amount $15,894 Change Rate -0.018283% Assessed CR Tax Rate +0.028924%
Year 2019 Assessed Value $488,260 Land Value $36,960 Improvement Value $451,300 Tax Amount $16,190 Change Rate +2.625168% Assessed CR Tax Rate +0.033159%
Year 2018 Assessed Value $488,260 Land Value $36,960 Improvement Value $451,300 Tax Amount $4,466 Change Rate Assessed CR Tax Rate +0.009147%
Year 2017 Assessed Value $116,300 Land Value $56,000 Improvement Value $60,300 Tax Amount $4,466 Change Rate -0.173575% Assessed CR Tax Rate +0.038401%
Year 2016 Assessed Value $146,600 Land Value $56,000 Improvement Value $90,600 Tax Amount $5,404 Change Rate Assessed CR Tax Rate +0.036862%