309 E 5th St, #103, Des Moines, IA 50309 Property Records

Polk County property record for 309 E 5th St, #103, Des Moines, IA 50309

Property Summary

Property Type	Store with Apartments
Details	727 sqft · built 2008
Lot Size	0.012 acres (499 sqft)
Owner	Company Name on File
Last Sale	$1,200,000 (May 2026)
Tax Bill	$4,968 (2024)
Deeds & Mortgages	Jul 2026 Mortgage May 2026 Sale & Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`040/01710-002-002`

Property Details

APN / Parcel Number

Primary APN	`040/01710-002-002`
Alternative APN	`782403339056`

Interior

Units	45 Units
Stories	1 Story
Building Area	727 sqft Gross Area
1st Floor Area	727 sqft

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008
Exterior Material	Brick Veneer
Construction Type	Steel Frame
Fire Resistance	Fireproof Steel Frame
Roof Type	Flat
Roof Material	Other
Lot Area	499 sqft (0.012 acres)

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC
Sewer	Connected
Water Source	Commercial

Location & Zoning

Street Address	309 E 5TH ST, 103
City	DES MOINES
State	IA
Zip	50309-1974
Property Category	Commercial
Property Type	Commercial > Retail > Store with Apartments
Local Zoning Code	C-3B
Legal Description	UNIT 103 PER 1ST AMEND BK 13836 PG 625 E5W
Legal Subdivision	E5W
Jurisdiction	POLK IA
Township / Civil Division	LEE
Census Block Group	1
Census Block	1034
Census Tract	5102

Owner

309 E 5th St, #103 is owned by a company that bought it in May 2026.

Source: Polk County records, as of July 14, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	303 E 5TH ST, DES MOINES, IA 50309-1925
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jul 7, 2026	Deed of Trust, Mortgage · Conventional Mortgage NONE LISTED ON DOCUMENT
May 14, 2026	Warranty Deed, Transfer · Conventional Mortgage BANKERS TRUST COMPANY
Jan 9, 2018	Grant Deed, Mortgage · Line of Credit NSB BK
Sep 26, 2017	Grant Deed, Mortgage · Line of Credit NSB BANK
Sep 29, 2017	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 14, 2026 · Amount on File
Deed Sale	May 14, 2026 · Amount on File
Deed Document Number	202628010
Deed Book / Page	20518 / 435
Record Updated	Sep 20, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK IA
Recording Date	Jul 7, 2026
Property Address	309 E 5TH ST, 103, DES MOINES, IA 50309-1974
Document Number	0000041320
Book / Page	20583 / 762
Instrument Date	Jun 25, 2026
Instrument	202641320
Transaction Type	Mortgage
Record Updated	Jul 14, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000041320,
Date	Jul 7, 2026
Book Page	20583/762
Instrument	202641320

Lender

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate	6.53%
Max Rate	-1%

May 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK IA
Recording Date	May 14, 2026
Property Address	309 E 5TH ST, 103, DES MOINES, IA 50309-1974
Document Number	0000028010
Book / Page	20518 / 435
Instrument Date	Apr 28, 2026
Instrument	2026.28010
Transaction Type	Transfer
Record Updated	May 21, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$193,839.20
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0000028011,
Date	May 14, 2026
Instrument	2026..28011

Lender

Name	BANKERS TRUST COMPANY

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	240 Months
Due	May 1, 2046

Interest

Rate Type	Adjustable Rate
Rate	6.46%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

January 2018: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	POLK IA
Recording Date	Jan 9, 2018
Property Address	309 E 5TH ST # 103, 103, DES MOINES, IA 50309-1974
Book / Page	016786 / 000213
Instrument Date	Sep 21, 2017
Instrument	55206
Transaction Type	Mortgage
Record Updated	Jan 18, 2018

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2348 CALLAWAY CT MASON CITY IA 504019209, MASON CITY, IA 50401-9209

Mortgage

Document Number	0000055206
Date	Jan 9, 2018
Book Page	016786/000213
Instrument	55206

Lender

Name	NSB BK
Address	2650 4TH ST SW, MASON CITY, IA 50401-4651

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

September 2017: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	POLK IA
Recording Date	Sep 26, 2017
Property Address	309 E 5TH ST # 103, 103, DES MOINES, IA 50309-1974
Book / Page	016659 / 000580
Instrument Date	Sep 21, 2017
Instrument	26019
Transaction Type	Mortgage
Record Updated	Oct 5, 2017

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2348 CALLAWAY CT MASON CITY IA 504019209, MASON CITY, IA 50401-9209

Mortgage

Document Number	0000026019
Date	Sep 26, 2017
Book Page	016659/000580
Instrument	26019

Lender

Name	NSB BANK
Address	2650 4TH ST SW, MASON CITY, IA 50401-4651

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

September 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK IA
Recording Date	Sep 29, 2017
Property Address	309 E 5TH ST # 103, 103, DES MOINES, IA 50309-1974
Document Number	0000027205
Book / Page	016664 / 000486
Instrument Date	Sep 18, 2017
Instrument	27205
Transaction Type	Transfer
Record Updated	Oct 9, 2017

Transaction

Amount	Amount on Record
Tax	$2,015.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2348 CALLAWAY CT MASON CITY IA 504019209, MASON CITY, IA 50401-9209
Investor	Possibly a Property Investor

Tax Assessment & Valuation

Source: Polk County assessment roll, as of October 13, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Polk County
Municipality	Des Moines City
Unified School District	Des Moines Independent Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$149,000 Land $19,200 Building $129,800	$149,000 Land $19,200 Building $129,800
2024	$4,968.00
2023		$131,000 Land $19,200 Building $111,800	$131,000 Land $19,200 Building $111,800
2020	$4,426.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 309 E 5th St, #103 in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2008.

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · 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 File median of 13 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	13 in force
Nearby Flood Claims	2 (2008)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Jun 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

The area around 309 E 5th St, #103 has no burnable land within ember reach, so its wildfire risk is not rated.

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	DES MOINES WATER WORKS serves 246,055 people · EPA ID IA7727031
Water Source	Purchased surface water from CIWW (DMWW)
Last State Inspection	May 2024
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

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

Provider	Max 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.

309 E 5th St, #103, Des Moines, IA 50309 Property Records

Property Summary

Property Details

APN / Parcel Number

Interior

Exterior

Utilities, Heating & Cooling

Location & Zoning

Owner

Deeds, Mortgages & Sale History

Assessor's Deed Record

July 2026: Deed of Trust, Mortgage

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

Interest

May 2026: Warranty Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

Interest

January 2018: Grant Deed, Mortgage

Transaction

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

Interest

September 2017: Grant Deed, Mortgage

Transaction

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

Interest

September 2017: Warranty Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Tax Assessment & Valuation

Property Jurisdictions

Tax Bill & Assessment History

Flood

Wildfire

Drinking Water

Violations Reported to EPA

Internet Providers

Nearby Properties on E 5th St

Nearby Streets

Search Property Records by Address or Parcel Number