$515,000

3815 Restwood Road, Lexington, MN 55014


$515,000

Off-Market Date: 6/13/2022

($19,100) 6/21/2022

3815 Restwood Road Lexington, MN 55014

Pending MLS# 6178923

8 beds 4 baths 3,332 sq ft Multi-family

Data current as of {{getLocalTime('2022-07-03T05:50:28Z')}}

Details for 3815 Restwood Road

MLS# 6178923

Description for 3815 Restwood Road, Lexington, MN, 55014


Invest in the path of progress! This 4 unit building in the Northern suburbs is a rare find! There is a lot of development in this area and demand is going up. Each unit in this building features 2 bedroomsand 1 bathroom. There have been many updates including the roof and siding. There is room for moreimprovements so you can force the value even higher! Don't miss out! Buyer and buyer's agent to verifyall measurements and other details.

Listing Information


Property Type: Multi-family, Four Plex

Status: Pending

Bedrooms: 8

Bathrooms: 4

Lot Size: 0.35 Acres

Square Feet: 3,332 sq ft

Year Built: 1983

Foundation: 1,666 sq ft

Garage: No

Stories: 2

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 4

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Anoka

Days On Market: 11

HERS Score:

Construction Status: Previously Owned

School Information


District: 12 - Centennial

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 4

Interior Features


Square Footage above: 3,332 sq ft

Square Footage below:

Flooring:

Basement: None

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Natural Gas, Radiant, Hot Water, Baseboard

Exterior / Lot Features


Parking Description: Uncovered/Open, Driveway - Asphalt, Garage Sq Ft - 0.00

Exterior: Aluminum Siding

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 75X200

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Fence: Wood

Additional Exterior/Lot Features: Tree Coverage - Medium, Road Frontage - City

Soil Type:

Tillable Acres:

Unit Information


Number of Units Like This: 4

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Driving Directions


35W to Lake Dr East to Restwood Rd. Property will be on the left.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric

Owner Pays: Electric,Fuel,Insurance,Janitorial,Lawn,Maintenance/Repair,Snow,Taxes,Trash,Water/Sewer

Annual Income: $49,728

Annual Expense: $30,000

Ownership Type:

Tax/Property ID: 353123120013

Tax Amount: $9,037

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$479,900 Original Price
$515,000 Current Price
+$35,100 Total Change
Date Price Change
6/21/2022 05:50 PM $515,000 +$19,100
6/3/2022 01:19 PM $495,900 -$19,100
5/9/2022 10:22 AM $515,000 +$35,100
4/18/2022 01:20 PM $479,900

Sales History

Date Price Change
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Tax Summary

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Schools nearby 3815 Restwood Road

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

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