315 E 5th St, Des Moines, IA 50309 Property Records

Polk County property record for 315 E 5th St, Des Moines, IA 50309

Property Summary

Property TypeCommercial Office
Details1 bd · 1 ba · 20,440 sqft · built 1888
Lot Size0.207 acres (9,000 sqft)
OwnerCompany Name on Record
Last Sale$800,000 (May 2023)
Tax Bill$24,016 (2024)
Deeds & MortgagesApr 2021 Mortgage
Mar 2021 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN040/02813-001-000

Property Details

APN / Parcel Number

Primary APN040/02813-001-000
Alternative APN
  • 782403330007

Interior

Bedrooms1 Bed
Full Baths1 Bath
Total Rooms3 Rooms
Units15 Units
Stories2 Stories
Building Area20,440 sqft Gross Area
1st Floor Area7,080 sqft
Basement Area6,280 sqft
Finished Basement6,280 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1888
Effective Year BuiltEffective 1970
Exterior MaterialBrick
Construction TypeSteel Frame
Fire ResistanceFireproof Steel Frame
Roof TypeFlat
Roof MaterialOther
Lot Area9,000 sqft (0.207 acres)
Lot Dimensions150 ft deep x 60 ft wide

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemCentral
SewerConnected
Water SourceCommercial

Location & Zoning

Street Address315 E 5TH ST, 206
CityDES MOINES
StateIA
Zip50309-1916
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeC-3B
Legal DescriptionLT 4 BLK D GRIFFITHS ADD TO EAST FT DES MOINES
Legal SubdivisionGRIFFITHS ADDITION TO EAST FDM
Legal BlockD
Legal Lot Number4
JurisdictionPOLK IA
Township / Civil DivisionLEE
Census Block Group1
Census Block1034
Census Tract5102

Owner

Source: Polk County records, as of November 19, 2025

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

Owner of RecordCompany Name on Record
Mailing Address4713 PANORAMA DR, PANORA, IA 50216-8632
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 30, 2021Deed of Trust, Mortgage · Commercial Mortgage
BANK
Mar 11, 2021Deed of Trust, Mortgage
FIRST NAT'L BK AMES IA
Sep 23, 2020Quit Claim Deed, Transfer
NOT AVAILABLE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 16, 2023 · Amount on Record
Deed SaleMay 16, 2023 · Amount on Record
Prior SaleApr 22, 2022 · Amount on Record
Deed Document Number202323863
Deed Book / Page19476 / 21
Prior Transfer DateMar 22, 2023
Prior Transfer Doc0000017989
Record UpdatedSep 20, 2026

April 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address315 E 5TH ST, DES MOINES, IA 50309-1916
Transaction TypeMortgage
Record UpdatedOct 16, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address315 E 5TH ST, DES MOINES, IA 50309-1916
InvestorPossibly a Property Investor

Mortgage

Document Number0000044858
DateApr 30, 2021
Book Page18504/709
Instrument2021-00044858
Lender
NameBANK
TypeBank
AddressDES MOINES, IA 50309
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term360 Months
DueApr 29, 2051
Interest
Rate TypeAdjustable Rate

March 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address315 E 5TH ST, DES MOINES, IA 50309-1916
Document Number0000026080
Instrument DateMar 11, 2021
Transaction TypeMortgage
Record UpdatedMay 24, 2021
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address987 TULIP TREE LN WEST DES MOINES IA 502666640, WEST DES MOINES, IA 50266-6640

Mortgage

Document Number0000026080
DateMar 15, 2021
Book Page018412/000893
Instrument26080
Lender
NameFIRST NAT'L BK AMES IA
AddressWEST DES MOINES, IA 50266
Agreement
AmountAmount Recorded

September 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionPOLK IA
Recording DateSep 23, 2020
Property Address315 E 5TH ST, DES MOINES, IA 50309-1916
Document Number0000033802
Book / Page018084 / 000323
Instrument DateSep 10, 2020
Instrument33802
Transaction TypeTransfer
Record UpdatedOct 12, 2020
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address315 E 5TH ST #202 WATERLOO IA 507034757, 202, WATERLOO, IA 50703-4757

Tax Assessment & Valuation

Source: Polk County assessment roll, as of October 13, 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$746,000 (+14.07%) Land $347,000 Building $399,000$746,000 (+14.07%) Land $347,000 Building $399,000
2024$24,016.00 (+0.36%)
2023$654,000 Land $347,000 Building $307,000$654,000 Land $347,000 Building $307,000
2020$23,930.00

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
minimal risk
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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