21 days on rocket

1969 Cambridge Dr, Lexington, KY, 40504

$1,600,000

Home List Price

$10,000*

Closing Credit

40 Bedrooms
20 Full Baths
3,520 SqFt
$455/SqFt
Multi

Location

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1969 Cambridge Dr, Lexington$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces
Year Built1970
HeatingForced Air
CoolingElectric
MLS #24024816
Lot Size0.22 Acres
StatusActive

About 1969 Cambridge Dr

Great investment opportunity! Selling as a package which includes the following 20 total units. Five 4 plexes, 1969, 1973, 1977, 1981, 2005 Cambridge Drive. There are 20- two bedroom,1 bath units, all have washer/dryer connections and refrigerator and stove, gas furnace and central air. Units are all metered separately. There are two additional listings with this portfolio that are within 1/2 mile radius of this property also for sale. 12 units at 1904 Cambridge Drive MLS# 24024820 and 10 units at 1921 Oxford Circle. MLS#24024819. Seller would prefer to sell all of them as a package.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 2
  • Living Area: 3,520 SqFt

Listing Office:

  • Office Name: Assurance Realty & Property Management
  • Office Phone: (859) 296-4663

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 20
  • Total Bedroom Count: 40

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

Other

Directions Information:

  • Directions: Versailles Road inbound, Left on Oxford Circle, Right on Cambridge. Properties are on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $455/SqFt

Tax Information:

  • Annual Amount: $1,891
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

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Lexington, KY

City

Med. Sold Price

$325.1K

Med. Price/SqFt

$144

Avg. Days On Market

21

# of Sold Homes

237

1969 Cambridge Dr vs Lexington

21 DAYS ON ROCKET

-0 Day

$1,600,000

+$1.2M More

$455/SqFt

+$311 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $311/SqFt more than other homes in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024816

Listing Office:

  • Office Name: Assurance Realty & Property Management
  • Office Phone: (859) 296-4663

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2021Home Sold
$1,100,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,891$148,000
2019$1,891$148,000
2018$1,891$148,000

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4503782
2
/10

  • Cardinal Valley Elementary School

  • 218 Mandalay Rd

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-4503783
1
/10

  • James Lane Allen Elementary School

  • 1901 Appomattox Rd

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-4503784
4
/10

  • Garden Springs Elementary School

  • 2151 Garden Springs Dr

  • 1.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,381. Residents of Lexington, KY typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Fayette County›Lexington›40504›1969 Cambridge Dr

This home is located at 1969 Cambridge Dr in Lexington, KY and zip code 40504 in the District 11 neighborhood. This 3,520 square foot home, which was built in 1970, sits on a 0.22 acre lot. Features: 40 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $1,600,000.

Lexington, KY housing market in November 2024 saw over 44 listings sold above listed price, more than 65 sold at listed price and over 128 sold below. Between October 2024 and November 2024, Lexington, KY real estate market has seen decrease in the number of listings by 4.7%. In November 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $325,139.

From Rocket Homes Real Estate and based on county public records data.

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