NOT LISTED FOR SALE

1960 Cambridge Dr Lexington, KY 40504

West Lexington Neighborhood

Estimated Value: $226,000 - $252,000

4 Beds
2 Baths
24,293 Sq Ft
$10/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2017

Last sale price $1,100,000 $45 Per Sq Ft

Current estimated payment $1,402 / mo

36 Days on Market

About This Home

As of January 2017

A total of 39 multi-family units. This listing consists of 1960 Cambridge Drive (Tax ID 11268254), 1964 Cambridge Drive (Tax ID 11268255) and 1968 - 1976 Camridge Drive (Tax ID 11268251). 1968 - 1976 consists of 33 1 bedroom units. 1964 is a four-plex with (2) 2 bedroom/1 bathroom units on the front and (2) 1 bedroom/1bathroom units on the back. 1960 is a duplex - 2 bedroom/1 bathroom on each side.

Last Agent to Sell the Property

Ken Silvestri

Silvestri Real Estate, LLC License #188638 Listed on: 11/11/2016

Co-Listed By

Brandon Cutwright

Silvestri Real Estate, LLC License #220794

Last Buyer's Agent

Mike Reynolds

ERA Select Real Estate License #194510

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 1.46 Acre Lot

Home Design

  • 24,293 Sq Ft Home
  • Duplex

Schools

  • Cardinal Valley Elementary School
  • Leestown Middle School
  • Dunbar High School

Community Details

  • 4 Buildings
  • Cardinal Valley Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

1.46 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Duplex, Multi Family, Quadruplex
  • Year Built: 1969
  • New Construction: No
  • Structure Type:Quadruplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • LivingArea: 24293.0
  • Lot Size Area: 1.46

Exterior Features

  • List Price: 1125000.0

Schools

  • Elementary School: Cardinal Valley
  • High School: Dunbar
  • Middle or Junior School: Leestown

Lot Info

  • Lot Size Acres: 1.46
  • Lot Size Sq Ft: 63597.66
  • Zoning Description: R-4 and R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 1, 2017
Sold by
Bradford Green Apartments Llc
Bought by
Mp Capital Llc
Seller's Agent
Ken Silvestri
Silvestri Real Estate, LLC
Buyer's Agent
Mike Reynolds
ERA Select Real Estate
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$238,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$861,068
Avg. Annual Appreciation
-15.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Mp Capital Llc $1,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2017 01/27/17 Sold $1,100,000 0.0% $45 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $1,100,000 +51.7% $45 / Sq Ft
01/24/2014 01/24/14 Sold $725,000 0.0% $424 / Sq Ft View Prior Sale
12/20/2013 12/20/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $725,000 -- $424 / Sq Ft
Source: ImagineMLS (Bluegrass 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 $1,728 $139,700 $0 $0
2024 $1,728 $139,700 $0 $0
2023 $1,045 $84,500 $0 $0
2022 $1,079 $84,500 $0 $0
2021 $1,079 $84,500 $0 $0
2020 $898 $70,300 $0 $0
2019 $898 $70,300 $0 $0
2018 $898 $70,300 $0 $0
2017 $856 $70,300 $0 $0
2015 $951 $70,300 $0 $0
2014 $951 $70,300 $0 $0
2012 $951 $85,000 $24,690 $60,310
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Ken Silvestri

    Silvestri Real Estate, LLC

    (859) 621-5543

    Ken Silvestri
    Section Image
  • Brandon Cutwright

    Seller Co-Listing Agent in 2017

    Brandon Cutwright

    Silvestri Real Estate, LLC

    (859) 556-0190

    2 Total Sales

    Brandon Cutwright
    Section Image

  • M

    Buyer's Agent in 2017

    Mike Reynolds

    ERA Select Real Estate

    (859) 806-8194

    31 Total Sales

    Mike Reynolds
    Section Image

  • F

    Seller's Agent in 2014

    Frederick Pfister

    Silvestri Real Estate, LLC

    Section Image

  • N

    Buyer's Agent in 2014

    Null Non-Member

    Non-Member Office

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1624723

ImagineMLS (Bluegrass REALTORS®)

APN: 11268254

Kentucky Fayette County Lexington 40504 West Lexington

1960 Cambridge Dr, Lexington, KY

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ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.

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