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

Polk County property record for 701 E 5th St, Des Moines, IA 50309

Property Summary

Property Type	Apartments (5+ Units)
Details	12,672 sqft · built 1971
Lot Size	3.96 acres (172,782 sqft)
Owner	Company Name on File
Tax Bill	$62,820 (2024)
Deeds & Mortgages	Aug 2017 Sale & Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`7824-03-152-009`

Property Details

APN / Parcel Number

Primary APN	`7824-03-152-009`
Alternative APN	`040/03804-004-001`

Interior

Stories	3 Stories
Building Area	12,672 sqft Total Area
Gross Area	71,040 sqft
1st Floor Area	4,224 sqft

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1995
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Foundation Type	Concrete
Roof Type	Flat
Roof Material	Built-Up Asphalt
Lot Area	172,782 sqft (3.96 acres)
Total Buildings	6 Buildings

Utilities, Heating & Cooling

Heating System	Central
Sewer	Connected

Location & Zoning

Street Address	701 E 5TH ST
City	DES MOINES
State	IA
Zip	50309-5426
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R-3
Legal Description	-EX BEG NW COR 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 SE
Legal Subdivision	RIVER HILLS PLAT 3
Legal Block	D
Legal Lot Number	1,3
Jurisdiction	POLK IA
Township / Civil Division	LEE
Census Block Group	1
Census Block	1016
Census Tract	5102

Owner

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

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

Owner of Record	Company Name on File
Co-owner	Verified Secondary Owner
Mailing Address	227 W MONROE ST STE 4200, 4200, CHICAGO, IL 60606-5068
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Aug 10, 2017
Deed Sale	Aug 10, 2017
Prior Sale	Aug 9, 2017
Deed Document Number	2017-00012151
Deed Book / Page	16599 / 0935
Record Updated	Jun 8, 2026

August 2017: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	POLK IA
Recording Date	Aug 9, 2017
Property Address	701 E 5TH ST, DES MOINES, IA 50309-5426
Document Number	0000011794
Book / Page	016598 / 000431
Instrument Date	Jul 27, 2017
Instrument	11794
Transaction Type	Transfer
Record Updated	Aug 31, 2017
Title Company	ATTORNEY ONLY

Transaction

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

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	400 LOCUST ST #790 DES MOINES IA 503092347, 790, DES MOINES, IA 50309-2347

Mortgage

Document Number	12150
Date	Aug 9, 2017
Book Page	016599/000922
Instrument	12150

Lender

Name	LUANA SVGS BK
Type	Federal Savings Bank
Address	PO BOX 68, LUANA, IA 52156-0068

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Aug 8, 2047

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Polk County assessment roll, as of May 1, 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		$4,650,000 (+7.89%) Land $570,000 Building $4,080,000	$4,650,000 (+7.89%) Land $570,000 Building $4,080,000
2024	$62,820.00 (-11.23%)
2023		$4,310,000 Land $570,000 Building $3,740,000	$4,310,000 Land $570,000 Building $3,740,000
2020	$70,768.00

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record 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

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

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 Communications Cable	2,000 / 1,000
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20
T-Mobile USA Fixed Wireless	100 / 20

May also be available: Google Fiber, ICS Advanced Technologies, Lumen Technologies, Metronet Holdings, VFN Holdings.