NOT LISTED FOR SALE

512 40th St Des Moines, IA 50312

North of Grand Neighborhood

Estimated Value: $1,490,000 - $1,698,000

3 Beds
3.5 Baths
2,465 Sq Ft
$642/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2024

Last sale price $1,641,209 $666 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,145 / mo

207 Days on Market

Highlights

  • Contemporary Architecture
  • Mud Room
  • Forced Air Heating and Cooling System
  • Recreation Room
  • Eat-In Kitchen
  • Family Room Downstairs

About This Home

As of July 2024

Grand Oakcrest Townhomes are exactly what you've been looking for and what Des Moines has been missing! Designed by Simonson & Associates Architects and built by K&V Homes, these custom, luxury townhomes on Des Moines' West side will be exquisite! Enjoy easy & maintenance free living with townhome exterior building maintenance, lawncare & snow removal! Each home is a two story unit with a full lower level & private elevator. The spacious main level boasts 10' ceilings, an open floor plan, 14x14 open patio, zero clearance entries & 2 car garage. Luxury at every turn with GE monogram appliance package, Pella Lifestyle windows, LED lighting, hardwood floors, quartz countertops & top of the line audio/video/security systems! The second level will offer two en-suite bedrooms each with full baths, laundry, a loft bonus space & a stunning rooftop terrace. A true primary suite will feature an expansive, custom walk-in closet & spa-like bathroom with soaking tub. The daylight lower level is completely customizable to the homeowner's wishes. 9 year tax abatement. Only 2 of these 7 units remain! There is still time to customize and modify the interiors with a private meeting with the architect to help you design the perfect home for you!

Last Agent to Sell the Property

Andrew DePhillips

RE/MAX Concepts Listed on: 04/27/2023

RE/MAX Concepts

Last Buyer's Agent

Andrew DePhillips

RE/MAX Concepts Listed on: 04/27/2023

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2022

Lot Details

  • 3,292

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Rolled or Hot Mop Roof
  • Cement Board or Planked

Interior Spaces

  • 2,465 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Mud Room
  • Family Room Downstairs
  • Dining Area
  • Recreation Room
  • Natural lighting in basement
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • 3,292 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association Phone (515) 555-5555
  • Built by K&V

Listing and Financial Details

  • Assessor Parcel Number 09002690002008

Townhouse Details

Home Type

Townhome

Year Built

Built in 2022

Lot Details

3,292 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Architecture: Contemporary
  • Homebuilder: K&V
  • Lp Amt Sq Ft: 616.81
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 665.81
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Interior Amenities: 2nd Flr Laundry
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Daylight Window
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor, Lower Level, Rec. Room
  • Other Rooms: Mud Room, Pantry
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2465
  • Total Sq Ft: 2465

Exterior Features

  • Exterior: Brick, Cement Board
  • Foundation: Poured
  • Roof: Roll Roofing
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • Management Firm Phone: (515) 555-5555

Lot Info

  • Acres: 0.0760
  • Lot S F: 3292
  • Lot Shape: Regular
  • Assessor Parcel Number: 09002690002008
  • Zoning: res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1.00
  • Net Taxes: 1.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 10, 2024
Sold by
4005 Grand Ave Llc and Grand Oakcrest Townhomes Llc
Bought by
Jacobi Daniel
Seller's Agent
Andrew DePhillips
RE/MAX Concepts
Buyer's Agent
Andrew DePhillips
RE/MAX Concepts
List Price
$1,520,445
Sold Price
$1,641,210
Premium/Discount to List
$120,765
7.94%
Views
166
Current Estimated Value
$1,582,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,017
Avg. Annual Appreciation
-1.94%
Original Mortgage
$600,000
Outstanding Balance
$589,658
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$992,535
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Jacobi Daniel $1,641,500 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Jacobi Daniel $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $1,641,210 +7.9% $666 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $1,520,445 0.0% $617 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $1,520,445 +5.9% $617 / Sq Ft
04/27/2023 04/27/23 For Sale $1,435,445 -- $582 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $1,641,200 $300,000 $1,341,200
2024 -- $160,000 $160,000 $0
2023 -- $190,000 $160,000 $30,000
Source: Public Records

Agents Affiliated with this Home

  • Andrew DePhillips

    Seller's Agent in 2024

    Andrew DePhillips

    RE/MAX Concepts

    (515) 707-1026

    3 in this area

    402 Total Sales

    Andrew DePhillips
    Section Image
  • Kiley Meyers

    Buyer Co-Listing Agent in 2024

    Kiley Meyers

    RE/MAX Concepts

    (319) 415-8007

    2 in this area

    126 Total Sales

    Kiley Meyers
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 671934

Des Moines Area Association of REALTORS®

APN: 090/02690-002-008

Iowa Polk County Des Moines 50312 North of Grand

512 40th St, Des Moines, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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