101 E Locust St, Des Moines, IA 50309 Property Records

Polk County property record for 101 E Locust St, Des Moines, IA 50309

Property Summary

Property TypeHotel
Details3 bd · 260,467 sqft · built 1990
Lot Size1.98 acres (86,240 sqft)
Owner2 Company Names on Record
Tax Bill$511,546 (2024)
Deeds & MortgagesSep 2026 Mortgage
Dec 2017 Mortgage
Flood ZoneZone X (reduced by levee)
APN7824-03-306-001

Property Details

APN / Parcel Number

Primary APN7824-03-306-001
Alternative APN
  • 040/03887-002-000

Interior

Bedrooms3 Beds
Total Rooms6 Rooms
Stories8 Stories
Building Area260,467 sqft Total Area
1st Floor Area62,565 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1990
Exterior MaterialConcrete
Construction TypeConcrete
Fire ResistanceFireproof Reinforced Concrete
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area86,240 sqft (1.98 acres)
Lot Dimensions280 ft deep x 308 ft wide
Pool TypeIndoor Pool
Pool Area736 sqft
Lawn SprinklersLawn Sprinklers

Utilities, Heating & Cooling

Heating SystemHVAC
SewerConnected

Location & Zoning

Street Address101 E LOCUST ST
CityDES MOINES
StateIA
Zip50309-1802
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel
Local Zoning CodeD-R
Legal DescriptionINTERV VAC ALLEYS & E 19 F ON N LN & E 18.99F ON S LN VAC E 1ST ST W & ADJ & W 9F VAC E 2ND ST E & ADJ & ALL BLK F SCOTT &
Legal Range24W
Legal Township78N
Legal Section3
Legal SubdivisionSCOTT & DEANS ADDITION
Legal BlockF
JurisdictionPOLK IA
Township / Civil DivisionLEE
Census Block Group1
Census Block1038
Census Tract5102

Historic Designation

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

Historic DistrictWithin the Civic Center Historic District
listed 1988 · 10 contributing resources · NRIS 88001168

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

Owner

Source: Polk County records, as of October 15, 2025

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

Owner of Record2 Company Names on Record
Co-ownerCo-owner on Record
Mailing Address12735 MORRIS ROAD EXT STE 400, 400, ALPHARETTA, GA 30004-8904
Owner TypeCompany, Secondary Individual

Deeds, Mortgages & Sale History

DateDocument
Sep 8, 2026Deed of Trust, Mortgage · Conventional Mortgage
WELLS FARGO
Dec 1, 2017Deed of Trust, Mortgage
GOLDMAN SACHS MTG

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedOct 29, 2026

September 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Recording DateSep 8, 2026
Property Address101 E LOCUST ST, DES MOINES, IA 50309-1802
Document Number0000055510
Book / Page20650 / 579
Instrument DateSep 1, 2026
Instrument202655510
Transaction TypeMortgage
Record UpdatedSep 15, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership, 267

Mortgage

Document Number0000055510,
DateSep 8, 2026
Book Page20650/579
Instrument202655510
Lender
NameWELLS FARGO
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term24 Months
DueSep 9, 2028
Interest
Max Rate-1%

December 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address101 E LOCUST ST, DES MOINES, IA 50309-1802
Document Number0000047572
Book / Page016752 / 000812
Instrument DateDec 1, 2017
Transaction TypeMortgage
Record UpdatedJan 3, 2018
Title CompanyATTORNEY ONLY

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address2398 E CAMELBACK RD #1000 PHOENIX AZ 850169022, 1000, PHOENIX, AZ 85016-9022

Mortgage

Document Number0000047572
DateDec 8, 2017
Book Page016752/000812
Instrument47572
Lender
NameGOLDMAN SACHS MTG
TypeMortgage Company
Address200 WEST ST, NEW YORK, NY 10282-2102
Agreement
AmountAmount Recorded
Term84 Months
DueDec 7, 2024

Tax Assessment & Valuation

Source: Polk County assessment roll, as of May 1, 2025

Property Jurisdictions

TypeName
StateIowa
CountyPolk County
MunicipalityDes Moines City
Unified School DistrictDes Moines Independent Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$14,900,000 (-7.45%) Land $5,220,000 Building $9,680,000$14,900,000 (-7.45%) Land $5,220,000 Building $9,680,000
2024$511,546.00 (-39.16%)
2023$16,100,000 Land $5,220,000 Building $10,880,000$16,100,000 Land $5,220,000 Building $10,880,000
2020$840,868.00

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 August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
reduced by levee · depends on levee performance
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 13 policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies13 in force
Nearby Flood Claims2 (2008)
Claims Outside the SFHA2 of 2
Most Recent ClaimJun 2008 · Severe Storms, Tornadoes, And Flooding
Claims by Event
  • Severe Storms, Tornadoes, And Flooding, Jun 2008 · 2 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 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 SystemDES MOINES WATER WORKS
serves 246,055 people · EPA ID IA7727031
Water SourcePurchased surface water from CIWW (DMWW)
Last State InspectionMay 2024
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTreatment failure
resolved · May 2017
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 145 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000
Verizon
Fixed Wireless
1,000 / 75
AT&T
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: CenturyLink, Google Fiber, ICS Advanced Technologies, Metronet, Vero Fiber.

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