Taxes
- Assessed Value: $3,890,000
- Assessed Year: 2025
- Assessed County: Polk
- APN: 030/04241-009-003
- Assessed Land Value: 568000
- Market Land Value: 568000
- Market Value: 3890000
- Market Year: 2025
1040 5th Ave; Des Moines, IA Property Details
Off market
1040 5th Ave Des Moines, IA 50314
$3,890,000 Estimated Value
61,440 SqFt
Property Type
Parking Garage/structureProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Corporate
- Owner Status: Corporate
- Year Built: 2018
- Purchase Price: $714,500
- APN: 030/04241-009-003
- Situs County: Polk
- Length Of Ownership: 16 years, 5 months
Structure
- Building Style: Concrete
- Stories: 2
- Exterior Wall Type: Concrete
- Building Condition: Average
- Roof Type: Flat
- Water Source: Municipal
Measurements
- Total: 61,440/SqFt
- Lot: 79,797/SqFt
- Gross: 61,440/SqFt
- Living: 61,440/SqFt
- Building: 61,440/SqFt
- Ground: 30,720/SqFt
- Price Per Square Foot: $11.63
Legal Description
- Description: -EX BEG SW COR LOT H THN W 53.37F NELY 61.13F ALNG CRV E 40.24F S 60.02F TO POB LOT 1 BLK D- & -EX BEG NE COR LOT 2 THN S 169.98F W 40.24F NELY 17.85F ALNG CRV NELY 120.04F ALNG CRV N 24.63F NWLY 15.41F ALNG CRV E 25.25F TO POB LOT 2 BLK D- & -EX BEG
Building Insights
Land Information
- Property Type: Parking Garage/Structure
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Des Moines Independent Community School District
- Lat / Lon: 41.596825 / -93.62513
- Subdivision: River Hills Plat 1
- Property Class: Commercial
- County Use Code: 28
Amenities
- Plus Four: 2602
- Parking: 190
Ownership Info
1040 5th Ave has no associated ownership info
1040 5th Ave has no associated ownership info.
Taxes
1040 5th Ave has 8 associated Taxes items
1040 5th Ave, Des Moines, IA pays taxes in Polk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $3,890,000. The APN we've located for 1040 5th Ave is 030/04241-009-003.
Unlock the full reportTax History
1040 5th Ave has 8 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $3,890,000 | Land Value $568,000 | Improvement Value $3,322,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $3,410,000 | Land Value $499,000 | Improvement Value $2,911,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $3,410,000 | Land Value $499,000 | Improvement Value $2,911,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $2,850,000 | Land Value $417,000 | Improvement Value $2,433,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $2,850,000 | Land Value $417,000 | Improvement Value $2,433,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value $2,770,000 | Land Value $379,000 | Improvement Value $2,391,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $2,770,000 | Land Value $379,000 | Improvement Value $2,391,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $379,000 | Land Value $379,000 | Improvement Value | Tax Amount $2,096 | Change Rate | Assessed CR | Tax Rate +0.00553% |