504 SE 7TH ST — Polk County parcel 7824.10.205.006
Map of parcel 7824.10.205.006. Center: latitude 41.5825, longitude -93.6060. Use arrow keys to pan and the plus/minus keys to zoom once focused.
Polk County · 2025 tax sale · GovEase lot 508832last year's list
504 SE 7TH ST
DES MOINES IA 50309
7824.10.205.006 · alt 040.01346.001.000
Redemption likelihoodHigh
Likely to redeem — favors the interest-yield play.
Modeled estimate · not a guarantee
Owed
$39
tax year 2025 · face value
Assessed
$1.6k
total · land + improvements
Value-to-debt
1 : 41strong
$1 of debt secures $41 of asset
Lot
0.07 ac
3,101 sf · 278 ft perimeter
Opportunity
Measured scores — use the one that matches your goal.
Redemption yieldrecommended
If the owner redeems, you keep 2%/mo interest (§447.1) — the investment play.
Base7
Vacant / land only+6
Low assessed value (<$25k)+9
Total22
Acquire the deed
If the owner never redeems, you can acquire the property — the acquisition play.
Base1
Vacant / land only+1
Low assessed value (<$25k)+1
Total3
Risk flagsOwner mismatchVacant / land onlyFederal liens not checkedSpecial assessments not checkedAbsentee owner
Flags reflect only what public county data exposes — an absent flag is not a guarantee. Items marked "not checked" need manual verification.
Tax-sale history
Treasurer
No prior tax-sale certificates on record — this is the parcel's first appearance at tax sale.
Who owns it
3 sources differ
Owner names as reported by independent public records — discrepancies may indicate recent transfers or data lag.
Auction list says…
509 SE 6TH LLC
mismatches Treasurer
Assessor says…
MARKET DISTRICT APARTMENTS LP
Treasurer says…
MARKET DISTRICT APARTMENTS LP
Mailing: 509 SE 6TH LLC 215 E 3RD ST STE 300 DES MOINES IA 50309-9610
Owners of record · Assessor
Property details
Assessor
Location
- Address
- 504 SE 7TH ST
- City
- DES MOINES
- Zip
- 50309
- Jurisdiction
- Des Moines
- District/Parcel
- 040/01346-001-000
- Geoparcel
- 7824-10-205-006
- Status
- Active
- School
- Des Moines
- Nbhd/Pocket
- DM90/Z
- Tax Authority Group
- DEM-C-DEM-770131
- TIF
- 62/DES MOINES METRO CENTER MERGED UR
- Submarket
- Central Business District
- Appraiser
- Brett Tierney, 515-286-3019
Land
- Square Feet
- 3,108
- Acres
- 0.071
- Frontage
- 28
- Depth
- 111
- Topography
- Normal
- Shape
- Rectangle
- Vacancy
- Yes
- Unbuildable
- Yes
Lot dimensions
GIS · centroid 41.5825, -93.6060
Acres: 0.071
Lot sqft: 3,101
Perimeter: 278 ft
Title & transfer history
5 transfers · Assessor
Recorded deed chain joined to sale prices. Shows ownership only — not mortgages or liens, which the assessor does not publish.
Last market sale
$330,000 · Nov 17, 2022 · to 509 SE 6TH LLC
MARKET DISTRICT APARTMENTS LP ← 509 SE 6TH LLC
ONTIVEROS, LORNA A [1/2 ] ← Estate of SANDBERG, BESSIE M [1/2 ] BES M SANDBERG REVOCABLE TRUST DUVER, LYNN HUPPERT, MICHAEL D (Agent) Estate of CONNETT, SONDRA K Estate of Also Known As SANDBERG, BES M [1/2 ] JAMES JR, LAWRENCE E (Agent) ONTIVEROS, LORNA A (Petitioner)
509 SE 6TH LLC ← WARE, SUSAN STANLEY, TIMOTHY J WARE, THOMAS E STANLEY, CINDY WARE, RACHELLE WARE, SAMUEL WARE, WAYNE L
509 SE 6TH LLC ← Also Known As ONTIVEROS, FRANK R ONTIVEROS, LORNA A ONTIVEROS, FRANK
STANLEY, CINDYWARE, SAMUELWARE, THOMAS EWARE, WAYNE L ← WARE, JEANNE M WARE, SAMUEL (Executor) STANLEY, CINDY L (Executor)
Permits & assessment activity
2 records · Assessor
Permits and assessor field checks recorded against this parcel. “Pickup” rows are assessor reviews rather than building permits.
Year
Work
Status
Applied
1999
Remove · FIRE DAMAGE(Pickup)
Complete
1998-05-13
1988
Boarded Up(Pickup)
Complete
1988-02-26
Zoning
1 record · Assessor
| Zoning | Description | SF | Assessor Zoning |
|---|---|---|---|
| DX2 | DX2 Downtown District | — | Commercial |
Tax assessment history
17 rolls · Assessor
Assessed value set by the Polk Assessor each roll year (Iowa revalues in odd-numbered years). Totals combine land and improvements; change is versus the prior roll. Linked years open the official assessment-roll notice.
Year
Land
Improvements
Total
Property tax
Change
1999
$980
$0
$980
Residential
~$18
−85.6%
1997
$650
$6,170
$6,820
Residential
~$127
+6.2%
1995
$610
$5,810
$6,420
Residential
~$119
+7.0%
1993
$570
$5,430
$6,000
Residential
~$111
—
Property tax is an estimate — assessed value × Iowa rollback (≈46% residential) × a representative Polk consolidated levy (~$40 per $1,000). Actual bills vary by district and year. Use the county's official tax estimator →
If you bid & win
Lien purchase$39
Interest rate2% / mo (≈24% / yr)
SaleJun 2025
Earliest redemption noticeMar 2027
Earliest deed eligibilityJun 2027
Certificate hard capJun 2028
If redeemed at 12 mo$48+$9 interest
If taken to deed$1.6k assetat a 100% bid
Iowa bids down the percentage of undivided ownership (§446.16, floor 1%). A contested parcel may convey only a fractional interest, so the deed play is realistic mainly when little or no competition bids it down.
Accrues $1/moschedule
1 year12 mo · $48 total+$9
Redemption notice21 mo · $55 total+$16
Deed eligibility24 mo · $58 total+$19
Hard cap36 mo · $67 total+$28
marks the statutory milestones from the timeline above. Flat 2%/mo on the $39 lien — each partial month counts whole (§447.1). Excludes subsequent taxes and recoverable costs.
Estimates only. Not legal or financial advice.
Data sources
Every fact on this page comes from a public county system. Click to view at source.
Rules & Iowa law
The statutes that govern tax sales, redemption, and deeds.