1262 Village Drive, Lexington, KY 40504
$1,458,000
Property Type:
Residential Income
Square Footage:
40,320
Lot Size (sq. ft.):
99,752
Status:
Closed
Current Price:
$1,458,000
List Date:
8/01/2017
Last Modified:
8/26/2025
Overview
Description
Listing Details MLS# 1717618
Listing Information
- Property Sub Type
- Apartment
Status Change Information
- Price Change Timestamp
- 2018-01-25T16:42:59Z
- Status Change Timestamp
- 2018-01-25
- Purchase Contract Date
- 2017-09-12
- Close Date
- 2017-12-20
- Close Price
- 1458000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- NA
Address
- County
- Fayette
- Street Number
- 1262
- Street Name
- Village
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40504
- Directions
- Head west on Versailles Road. Turn right on Village Drive. The buildings will be on your right.
- Parcel Number
- 13478002
Contract
- Original List Price
- 1512000
- Start Showing Date
- 2017-08-01
- Listing Contract Date
- 2017-08-01
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 660262.01
- List Price/SqFt
- 37.5
- Sold Price/Acre
- 636681.22
- Sold Price/SqFt
- 36.16
- SP/LP
- 0.96
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Cardinal Valley
Interior
- Living Area
- 40320
- Bathrooms Half
- 0
More Information
Building
- Year Built
- 1970
Lot
- Lot Size Acres
- 2.29
- Lot Size Square Feet
- 99752.49
Remarks
- Public Remarks
- (54) 1 bedroom 1 bathroom units located on Village Drive. The listing is comprised of (3) 18 unit buildings - 1262, 1274, and 1304 Village Drive, Lexington, KY 40504. The owners have renovated most of the interiors. Utilities are paid by the owners but a cap on usage has been implemented for new tenants. The property can be purchased as a package with 2027 Cummins Court.
Tax & Legal
- Zoning Description
- R-3 Planned NBHD Residential
Special Listing Conditions
- Standard
- Yes
Structure Type
- Multi Family
- Yes
Property Features
Special Listing Conditions:
Standard
Structure Type:
Multi Family
Listing Office:
Silvestri Real Estate, LLC
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.