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309 5th St

Des Moines, IA 50309

1 bd 1 ba 679 sqft Built 2008 condos
Most recent sale
$169,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 7, 2025 Sold $162,500 CentralIowa
Apr 3, 2025 Price changed $165,000 CentralIowa
Jan 5, 2025 Listed $172,000 DesMoines
Jan 4, 2025 Listed $172,000 CentralIowa
Nov 8, 2024 Listed $169,000 CentralIowa
Oct 26, 2024 Price changed $169,000 DesMoines
Sep 12, 2024 Price changed $172,000 CentralIowa
Aug 15, 2024 Price changed $175,000 CentralIowa
Jul 25, 2024 Price changed $179,000 CentralIowa
Jul 3, 2024 Price changed $180,000 CentralIowa
Jun 14, 2024 Listed $185,000 CentralIowa
Sep 30, 2022 Sold $169,000 MLS #655601
Jul 6, 2022 Listed $175,000 MLS #655601
Apr 14, 2016 Sold $125,000 MLS #451527
May 7, 2015 Sold $125,000 Public Record
Apr 1, 2015 Listed $125,000 MLS #451527
Aug 28, 2014 Sold $125,000 Public Record
Sep 25, 2009 Listing removed $159,000 DesMoines
Jun 17, 2009 Relisted $159,000 MLS #339674
Jun 16, 2009 Listing removed $159,000 DesMoines
Jun 13, 2009 Relisted $159,000 MLS #339674
Feb 21, 2009 Listing removed $159,000 DesMoines
Dec 16, 2008 Listed $159,000 MLS #339674

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $140,200 $3,500 $143,700 $3,038
2023 $147,600 $3,700 $151,300 $3,200
2022 $132,500 $3,300 $135,800 $3,176
2021 $132,500 $3,300 $135,800 $3,226
2020 $126,200 $3,100 $129,300 $3,352
2019 $126,200 $3,100 $129,300 $3,474
2018 $126,200 $3,100 $129,300 $3,440
2017 $126,200 $3,100 $129,300 $3,402
2016 $122,800 $3,000 $125,800 $3,316
2015 $122,800 $3,000 $125,800 $1,322
2014 $128,900 $3,100 $132,000 $68
2013 $2,420 $2,420 $64
2012 $2,720 $2,720 $60
2011 $141,600 $3,400 $145,000 $74
2010 $141,600 $3,400 $145,000 $154
2009 $47,300 $3,500 $50,800 $154

Property facts

Year built
2008
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
679 sqft
Lot size
ZIP code
50309
City
Des Moines
Street
5th St
Coordinates
41.58887, -93.61049

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,019
Gross rental yield
7.24%
Implied cap rate
4.70%
Trend-extrapolated value

Frequently asked questions

When did 309 5th St last sell?
309 5th St most recently sold on Sep 30, 2022 for $169,000.
What is the current tax assessment for 309 5th St?
The most recent total assessment for 309 5th St (year 2025) is $143,700 with $3,038 in property tax.
How does 309 5th St's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $169,000.
When was 309 5th St built?
309 5th St was built in 2008.
How does 309 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 309 5th St?
309 5th St is a 1 bed, 1 bath, 679 sqft condos.
Is 309 5th St a flip candidate?
No — 309 5th St does not appear in our flips dataset.
Is 309 5th St a tax-appeal candidate?
No — 309 5th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
Implied 1-yr
-10.9%
2026 Q3
$248.8K
2026 Q4
$240.6K
ZIP 50309 — Median Price History + Forecast

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