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

Polk County property record for 700 E 5th St, Des Moines, IA 50309

Property Summary

Property TypeApartments (5+ Units)
Details60,398 sqft · built 1972
Lot Size6.56 acres (285,797 sqft)
OwnerCompany Name on Record
Tax Bill$103,976 (2024)
Deeds & MortgagesAug 2017 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN7824-03-152-008

Property Details

APN / Parcel Number

Primary APN7824-03-152-008
Alternative APN
  • 040/03804-006-001

Interior

Units80 Units
Stories4 Stories
Building Area60,398 sqft Total Area
Gross Area98,510 sqft
1st Floor Area12,084 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1972
Effective Year BuiltEffective 1995
Exterior MaterialConcrete
Construction TypeConcrete
Foundation TypeConcrete
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area285,797 sqft (6.56 acres)
Garage TypeDetached
Garage Area1,104 sqft
Lawn SprinklersLawn Sprinklers
Total Buildings4 Buildings

Utilities, Heating & Cooling

Heating SystemCentral
SewerConnected

Location & Zoning

Street Address700 E 5TH ST
CityDES MOINES
StateIA
Zip50309-5421
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeR-4
Legal Description-EX BEG NW COR LOT 1 THN SE 96.26F TO SLY SIDEWALK ROW LN SE .29F SELY 105.13F NW 296.76F NW 126.79F N 16.56F TO N LN LOT 3
Legal SubdivisionRIVER HILLS PLAT 3
Legal BlockD
Legal Lot Number1,3,C,D
JurisdictionPOLK IA
Township / Civil DivisionLEE
Census Block Group1
Census Block1016
Census Tract5102

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 RecordCompany Name on Record
Co-ownerCo-owner on Record
Mailing Address227 W MONROE ST STE 4200, 4200, CHICAGO, IL 60606-5068
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedJun 8, 2026

August 2017: Trustee's Deed, Transfer

Document TypeTrustee's Deed
JurisdictionPOLK IA
Recording DateAug 9, 2017
Property Address700 E 5TH ST, DES MOINES, IA 50309-5421
Document Number0000011794
Book / Page016598 / 000431
Instrument DateJul 27, 2017
Instrument11794
Transaction TypeTransfer
Record UpdatedAug 31, 2017
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$18,559.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address400 LOCUST ST #790 DES MOINES IA 503092347, 790, DES MOINES, IA 50309-2347

Mortgage

Document Number12150
DateAug 9, 2017
Book Page016599/000922
Instrument12150
Lender
NameLUANA SVGS BK
TypeFederal Savings Bank
AddressPO BOX 68, LUANA, IA 52156-0068
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
DueAug 8, 2047
Interest
Rate TypeAdjustable Rate

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$7,870,000 (+7.96%) Land $943,000 Building $6,927,000$7,870,000 (+7.96%) Land $943,000 Building $6,927,000
2024$103,976.00 (-10.4%)
2023$7,290,000 Land $943,000 Building $6,347,000$7,290,000 Land $943,000 Building $6,347,000
2020$116,046.00

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.

Nearby Properties on E 5th St

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